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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Revenues, net $ 293,497 $ 320,699 $ 936,672 $ 1,054,697
Cost of revenues 115,460 130,603 379,174 458,938
Gross profit 178,037 190,096 557,498 595,759
Marketing expenses 34,569 38,262 208,656 198,090
Selling, general and administrative expenses 63,745 59,192 206,615 225,509
Goodwill impairment       3,665
Operating income 79,723 92,642 142,227 168,495
Interest expense 19,283 29,735 68,699 92,281
Other expense (income), net 764 (211) 908 230
Early extinguishment of debt     29,169  
Income before income taxes 59,676 63,118 43,451 75,984
Provision for income taxes 13,346 8,604 6,488 13,546
Net income 46,330 54,514 36,963 62,438
Net loss attributable to the noncontrolling interest   11   30
Net income attributable to WW International, Inc. $ 46,330 $ 54,525 $ 36,963 $ 62,468
Earnings per share attributable to WW International, Inc.        
Basic $ 0.66 $ 0.80 $ 0.53 $ 0.92
Diluted $ 0.65 $ 0.78 $ 0.52 $ 0.89
Weighted average common shares outstanding        
Basic 69,875 68,013 69,516 67,697
Diluted 70,860 70,002 70,866 69,936
Subscription        
Revenues, net $ 262,401 $ 282,310 $ 815,092 $ 899,964
Cost of revenues 90,280 99,485 285,209 343,056
Product and Other        
Revenues, net 31,096 38,389 121,580 154,733
Cost of revenues $ 25,180 $ 31,118 $ 93,965 $ 115,882