v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 05, 2025
Jan. 04, 2025
Stockholders' equity:    
Total stockholders' equity $ 105,862 $ 91,592
Subsidiaries [Member]    
Current assets:    
Cash and cash equivalents 63,891 49,725
Restricted cash 6,439 6,469
Accounts receivable, net 8,662 7,283
Inventory, net 19,068 19,070
Prepaid expenses and other current assets 5,351 5,292
Total current assets 103,411 87,839
Property and equipment, net 8,293 2,313
Operating lease right-of-use assets 3,193 3,313
Intangible assets, net 422,493 432,160
Goodwill 39,112 39,112
Deferred income taxes 138,096 140,315
Other non-current assets 1,778 2,015
Total assets 716,376 707,067
Current liabilities:    
Accounts payable and accrued liabilities 18,455 17,354
Long-term debt, current portion 4,000 4,000
Tax receivable agreement liability, current portion 2,809 9,353
Deferred revenue, current portion 4,128 4,149
Operating lease liabilities, current portion 1,160 1,255
Total current liabilities 30,552 36,111
Long-term debt, net 374,019 373,246
Tax receivable agreement liability, net of current portion 195,525 194,917
Deferred revenue, net of current portion 5,281 5,836
Operating lease liabilities, net of current portion 2,216 2,318
Deferred tax liability 738 738
Other long-term liabilities 2,183 2,309
Total liabilities 610,514 615,475
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock 0 0
Treasury stock (81,595) (80,148)
Additional paid-in capital 253,045 244,611
Accumulated deficit (94,929) (100,416)
Total stockholders' equity attributable to European Wax Center, Inc. 76,521 64,047
Noncontrolling interests 29,341 27,545
Total stockholders' equity 105,862 91,592
Total liabilities and stockholders' equity 716,376 707,067
Subsidiaries [Member] | Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 0 0
Total stockholders' equity 0 0
Subsidiaries [Member] | Class B Common Stock [Member]    
Stockholders' equity:    
Common stock 0 0
Total stockholders' equity $ 0 $ 0