XML 27 R12.htm IDEA: XBRL DOCUMENT
v3.25.1

Leases | 3 Months Ended
--- | ---
Mar. 29, 2025
Leases [Abstract] |
Leases | 3. Leases At March 29, 2025 and December 28, 2024, the Company’s lease assets and lease liabilities for its studios and corporate offices were as follows:
|  | March 29, 2025 |  |  | December 28, 2024 |
Assets: |  |  |  |  |  |
Operating leases |  | $ | 39,786 |  |  | $ | 42,047 |
Total lease assets |  | $ | 39,786 |  |  | $ | 42,047 |
Liabilities: |  |  |  |  |  |
Current |  |  |  |  |  |
Operating leases |  | $ | 7,387 |  |  | $ | 8,168 |
Noncurrent |  |  |  |  |  |
Operating leases |  |  | 42,587 |  |  |  | 44,322 |
Total lease liabilities |  | $ | 49,974 |  |  | $ | 52,490 |
For the three months ended March 29, 2025 and March 30, 2024, the components of the Company’s lease expense were as follows:
|  | Three Months Ended |
|  | March 29, |  |  | March 30, |
|  | 2025 |  |  | 2024 |
Operating lease cost: |  |  |  |  |  |
Fixed lease cost |  | $ | 3,459 |  |  | $ | 3,983 |
Lease termination benefit |  |  | — |  |  |  | (156 | )
Variable lease cost |  |  | 2 |  |  |  | 14 |
Total operating lease cost |  | $ | 3,461 |  |  | $ | 3,841 |
Finance lease cost: |  |  |  |  |  |
Amortization of leased assets |  |  | — |  |  |  | 2 |
Interest on lease liabilities |  |  | — |  |  |  | 0 |
Total finance lease cost |  | $ | — |  |  | $ | 2 |
Total lease cost |  | $ | 3,461 |  |  | $ | 3,843 |
As previously disclosed, in conjunction with the continued rationalization of its real estate portfolio, the Company entered into subleases with commencement dates in the first quarter of fiscal 2023. The Company recorded $1,119 and $912 of sublease income for the three months ended March 29, 2025 and March 30, 2024, respectively, as an offset to general and administrative expenses. At March 29, 2025 and December 28, 2024, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:
|  | March 29, 2025 |  |  | December 28, 2024 |
Weighted Average Remaining Lease Term (years) |  |  |  |  |  |
Operating leases |  |  | 6.72 |  |  |  | 6.84 |
Weighted Average Discount Rate |  |  |  |  |  |
Operating leases |  |  | 7.73 |  |  |  | 7.68 |
The Company’s leases have remaining lease term s of 0 to 7 years with a weighted average lease term of 6.72 years as of March 29, 2025. At March 29, 2025, the maturity of the Company’s lease liabilities in each of the next five fiscal years and thereafter were as follows:
| Operating Leases |
Remainder of fiscal 2025 | $ | 8,402 |
Fiscal 2026 |  | 10,151 |
Fiscal 2027 |  | 9,312 |
Fiscal 2028 |  | 9,076 |
Fiscal 2029 |  | 8,965 |
Fiscal 2030 |  | 8,694 |
Thereafter |  | 9,158 |
Total lease payments | $ | 63,758 |
Less imputed interest |  | 13,784 |
Present value of lease liabilities | $ | 49,974 |
Supplemental cash flow information related to leases for the three months ended March 29, 2025 and March 30, 2024 were as follows:
|  | Three Months Ended |
|  | March 29, |  |  | March 30, |
|  | 2025 |  |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 3,698 |  |  | $ | 3,964 |
Operating cash flows from finance leases |  | $ | — |  |  | $ | 0 |
Financing cash flows from finance leases |  | $ | — |  |  | $ | 2 |
Lease assets obtained in exchange for new operating lease liabilities |  | $ | 171 |  |  | $ | 766 |
Lease assets modified in exchange for modified finance lease liabilities |  | $ | — |  |  | $ | (1 | )

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessee, operating and finance leases disclosure. + References No definition available. + Details
Name: | ww_LesseeOperatingAndFinanceLeasesDisclosureTextBlock
Namespace Prefix: | ww_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration