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Segment Data
 9 Months Ended
Sep. 26, 2020
Segment Reporting [Abstract]  
Segment Data

15.

Segment Data

The Company has four reportable segments based on an integrated geographical structure as follows: North America, Continental Europe (CE), United Kingdom and Other. Other consists of Australia, New Zealand and emerging markets operations and franchise revenues and related costs, all of which have been grouped together as if they were a single reportable segment because they do not meet any of the quantitative thresholds and are immaterial for separate disclosure. To be consistent with the information that is presented to the chief operating decision maker, the Company does not include intercompany activity in the segment results.

Information about the Company’s reportable segments is as follows:

 

 

Total Revenue, net

 

 

Total Revenue, net

 

Three Months Ended

 

 

Nine Months Ended

 

September 26, 2020

 

 

September 28, 2019

 

 

September 26, 2020

 

 

September 28, 2019

 

 

North America

$

215,195

 

 

$

243,684

 

 

$

726,426

 

 

$

749,341

 

 

Continental Europe

 

76,511

 

 

 

71,138

 

 

 

234,321

 

 

 

224,623

 

 

United Kingdom

 

20,472

 

 

 

22,933

 

 

 

65,238

 

 

 

72,068

 

 

Other

 

8,521

 

 

 

10,812

 

 

 

28,712

 

 

 

34,722

 

 

Total revenue, net

$

320,699

 

 

$

348,567

 

 

$

1,054,697

 

 

$

1,080,754

 

 

 

 

Net Income

 

 

Net Income

 

Three Months Ended

 

 

Nine Months Ended

 

September 26, 2020

 

 

September 28, 2019

 

 

September 26, 2020

 

 

September 28, 2019

 

 

Segment operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

$

79,978

 

 

$

83,998

 

 

$

204,748

 

 

$

216,281

 

 

Continental Europe

 

37,159

 

 

 

32,679

 

 

 

92,360

 

 

 

73,518

 

 

United Kingdom

 

4,056

 

 

 

3,271

 

 

 

7,406

 

 

 

6,829

 

 

Other

 

1,551

 

 

 

1,435

 

 

 

1,582

 

 

 

2,829

 

 

Total segment operating income

 

122,744

 

 

 

121,383

 

 

 

306,096

 

 

 

299,457

 

 

General corporate expenses

 

30,102

 

 

 

26,654

 

 

 

137,601

 

 

 

77,358

 

 

Interest expense

 

29,735

 

 

 

33,118

 

 

 

92,281

 

 

 

103,045

 

 

Other (income) expense, net

 

(211

)

 

 

1,460

 

 

 

230

 

 

 

2,201

 

 

Provision for income taxes

 

8,604

 

 

 

13,123

 

 

 

13,546

 

 

 

26,834

 

 

Net income

$

54,514

 

 

$

47,028

 

 

$

62,438

 

 

$

90,019

 

 

Net loss attributable to the noncontrolling interest

 

11

 

 

 

58

 

 

 

30

 

 

 

214

 

 

Net income attributable to WW International, Inc.

$

54,525

 

 

$

47,086

 

 

$

62,468

 

 

$

90,233

 

 

 

 

 

Depreciation and Amortization

 

 

Depreciation and Amortization

 

Three Months Ended

 

 

Nine Months Ended

 

September 26, 2020

 

 

September 28, 2019

 

 

September 26, 2020

 

 

September 28, 2019

 

 

North America

$

9,496

 

 

$

9,048

 

 

$

30,041

 

 

$

27,434

 

 

Continental Europe

 

409

 

 

 

496

 

 

 

1,192

 

 

 

1,272

 

 

United Kingdom

 

252

 

 

 

164

 

 

 

762

 

 

 

588

 

 

Other

 

91

 

 

 

103

 

 

 

273

 

 

 

321

 

 

Total segment depreciation and amortization

 

10,248

 

 

 

9,811

 

 

 

32,268

 

 

 

29,615

 

 

General corporate depreciation and amortization

 

4,403

 

 

 

3,235

 

 

 

11,748

 

 

 

10,804

 

 

Depreciation and amortization

$

14,651

 

 

$

13,046

 

 

$

44,016

 

 

$

40,419