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Segment and Geographic Data | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Segment and Geographic Data |
17. | Segment and Geographic Data
Effective the first day of fiscal 2023 (i.e., January 1, 2023), the Company realigned its organizational structure and resources to more closely align with its strategic priorities and centralized the global management of certain functions and systems. As a result of the change in its organizational structure, the Company now has two reportable segments, consisting of North America and International. The Company has two reportable segments based on its organizational structure and how the chief operating decision maker (the “CODM”) allocates resources and assesses financial performance, North America and International. “North America” refers to the Company’s North American Company-owned operations and franchise revenues and related costs. “International” refers to the Company’s Continental Europe Company-owned operations, United Kingdom Company-owned operations, and Australia, New Zealand and emerging markets operations. Each reportable segment provides similar services and products. To be consistent with the information that is presented to the CODM, the Company does not include intercompany activity in the segment results. Information about the Company’s reportable segments is as follows:
|  | Total Revenues, net for the Fiscal Year Ended |
|  | December 31, 2022 |  |  | January 1, 2022 |  |  | January 2, 2021 |
North America |  | $ | 728,379 |  |  | $ | 816,418 |  |  | $ | 946,307 |
International |  |  | 312,477 |  |  |  | 396,045 |  |  |  | 431,817 |
Total revenues, net |  | $ | 1,040,856 |  |  | $ | 1,212,463 |  |  | $ | 1,378,124 |
|  | Net (Loss) Income for the Fiscal Year Ended |
|  | December 31, 2022 |  |  | January 1, 2022 |  |  | January 2, 2021 |
Segment operating (loss) income: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | (218,997 | ) |  | $ | 218,257 |  |  | $ | 271,123 |
International |  |  | 83,330 |  |  |  | 130,622 |  |  |  | 136,337 |
Total segment operating (loss) income |  | $ | (135,667 | ) |  | $ | 348,879 |  |  | $ | 407,460 |
General corporate expenses |  |  | 147,283 |  |  |  | 152,595 |  |  |  | 191,298 |
Interest expense |  |  | 81,141 |  |  |  | 87,909 |  |  |  | 123,310 |
Other expense, net |  |  | 1,691 |  |  |  | 1,358 |  |  |  | 349 |
Early extinguishment of debt |  |  | — |  |  |  | 30,352 |  |  |  | — |
(Benefit from) provision for income taxes |  |  | (114,379 | ) |  |  | 9,773 |  |  |  | 17,462 |
Net (loss) income |  | $ | (251,403 | ) |  | $ | 66,892 |  |  | $ | 75,041 |
Net loss attributable to the noncontrolling interest |  |  | — |  |  |  | — |  |  |  | 38 |
Net (loss) income attributable to WW International, Inc. |  | $ | (251,403 | ) |  | $ | 66,892 |  |  | $ | 75,079 |
|  | Depreciation and Amortization for the Fiscal Year Ended |
|  | December 31, 2022 |  |  | January 1, 2022 |  |  | January 2, 2021 |
North America |  | $ | 32,521 |  |  | $ | 39,270 |  |  | $ | 39,740 |
International |  |  | 1,660 |  |  |  | 2,671 |  |  |  | 3,002 |
Total segment depreciation and amortization |  | $ | 34,181 |  |  | $ | 41,941 |  |  | $ | 42,742 |
General corporate depreciation and amortization |  |  | 14,638 |  |  |  | 12,745 |  |  |  | 16,780 |
Depreciation and amortization |  | $ | 48,819 |  |  | $ | 54,686 |  |  | $ | 59,522 |
The following tables present information about the Company’s revenue and other information by geographic area. There were no material amounts of sales or transfers among geographic areas and no material amounts of U.S. export sales.
|  | Total Revenues, net for the Fiscal Year Ended |
|  | December 31, 2022 |  |  | January 1, 2022 |  |  | January 2, 2021 |
United States |  | $ | 683,449 |  |  | $ | 761,358 |  |  | $ | 885,152 |
Canada |  |  | 44,930 |  |  |  | 55,060 |  |  |  | 61,155 |
Continental Europe |  |  | 239,129 |  |  |  | 297,910 |  |  |  | 313,380 |
United Kingdom |  |  | 47,995 |  |  |  | 65,820 |  |  |  | 84,387 |
Other |  |  | 25,353 |  |  |  | 32,315 |  |  |  | 34,050 |
|  | $ | 1,040,856 |  |  | $ | 1,212,463 |  |  | $ | 1,378,124 |
|  | Long-Lived Assets (1) |
|  | December 31, 2022 |  |  | January 1, 2022 |
United States |  | $ | 24,417 |  |  | $ | 31,566 |
Canada |  |  | 2,412 |  |  |  | 3,198 |
Continental Europe |  |  | 907 |  |  |  | 1,111 |
United Kingdom |  |  | 303 |  |  |  | 1,002 |
Other |  |  | 190 |  |  |  | 342 |
|  | $ | 28,229 |  |  | $ | 37,219 |
| (1) | Amounts include finance lease assets
|  | Operating Lease Assets |
|  | December 31, 2022 |  |  | January 1, 2022 |
United States |  | $ | 68,062 |  |  | $ | 80,609 |
Canada |  |  | 4,159 |  |  |  | 5,079 |
Continental Europe |  |  | 2,304 |  |  |  | 2,216 |
United Kingdom |  |  | 1,169 |  |  |  | 1,732 |
Other |  |  | 2 |  |  |  | 266 |
|  | $ | 75,696 |  |  | $ | 89,902 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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