2021 Q4 Form 10-K Financial Statement

#000186658122000020 Filed on March 11, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $140.1M $497.9M
YoY Change 52.06%
Cost Of Revenue $105.3M $346.1M
YoY Change 63.52%
Gross Profit $34.79M $151.8M
YoY Change 31.11%
Gross Profit Margin 24.83% 30.48%
Selling, General & Admin $40.74M $265.0M
YoY Change 152.21%
% of Gross Profit 117.11% 174.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.490M $25.22M $8.448M
YoY Change -11.34% 62.3%
% of Gross Profit 21.53% 16.62%
Operating Expenses $42.39M $265.0M
YoY Change 152.21%
Operating Profit -$7.604M -$113.3M
YoY Change -1161.89%
Interest Expense -$1.845M -$7.093M
YoY Change 89.86%
% of Operating Profit
Other Income/Expense, Net -$141.0K -$8.333M
YoY Change 103.29%
Pretax Income -$9.590M -$121.6M
YoY Change -1951.48%
Income Tax -$912.0K -$1.628M
% Of Pretax Income
Net Earnings -$6.176M -$12.91M
YoY Change
Net Earnings / Revenue -4.41% -2.59%
Basic Earnings Per Share -$0.28
Diluted Earnings Per Share -$37.76K -$0.28
COMMON SHARES
Basic Shares Outstanding 45.86M shares
Diluted Shares Outstanding 45.86M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.51M $18.51M
YoY Change -41.51%
Cash & Equivalents $18.51M $18.51M $31.64M
Short-Term Investments
Other Short-Term Assets $8.796M $8.796M
YoY Change 75.39%
Inventory $23.35M $23.35M $15.58M
Prepaid Expenses
Receivables $10.64M $10.64M $10.84M
Other Receivables $0.00 $0.00
Total Short-Term Assets $61.29M $61.29M $63.07M
YoY Change -2.82% -2.82%
LONG-TERM ASSETS
Property, Plant & Equipment $302.0M $302.0M $165.4M
YoY Change 82.56% 82.56%
Goodwill $18.72M $18.08M
YoY Change 3.54% 9.34%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.562M $160.6M $1.573M
YoY Change -0.7% 8993.6%
Total Long-Term Assets $492.4M $492.4M $196.6M
YoY Change 150.48% 150.48%
TOTAL ASSETS
Total Short-Term Assets $61.29M $61.29M $63.07M
Total Long-Term Assets $492.4M $492.4M $196.6M
Total Assets $553.7M $553.7M $259.7M
YoY Change 113.24% 113.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.44M $20.44M $16.09M
YoY Change 27.02% 27.02%
Accrued Expenses $20.97M $24.51M $10.04M
YoY Change 108.95% 144.25%
Deferred Revenue $22.81M $11.19M
YoY Change 103.78%
Short-Term Debt $64.10M $64.10M
YoY Change 327.36%
Long-Term Debt Due $103.0K $3.492M $3.788M
YoY Change -97.28% -42.93%
Total Short-Term Liabilities $138.7M $142.3M $59.87M
YoY Change 131.73% 137.65%
LONG-TERM LIABILITIES
Long-Term Debt $3.503M $83.09M $24.37M
YoY Change -85.62% 12.28%
Other Long-Term Liabilities $680.0K $118.1M $466.0K
YoY Change 45.92% 137.26%
Total Long-Term Liabilities $4.183M $201.2M $24.83M
YoY Change -83.16% 62.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.7M $142.3M $59.87M
Total Long-Term Liabilities $4.183M $201.2M $24.83M
Total Liabilities $340.0M $460.2M $183.7M
YoY Change 85.1% 150.56%
SHAREHOLDERS EQUITY
Retained Earnings -$12.68M $0.00
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $94.52M $93.50M $75.99M
YoY Change
Total Liabilities & Shareholders Equity $553.7M $553.7M $259.7M
YoY Change 113.24% 113.24%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$6.176M -$12.91M
YoY Change
Depreciation, Depletion And Amortization $7.490M $25.22M $8.448M
YoY Change -11.34% 62.3%
Cash From Operating Activities $8.071M $80.38M $32.66M
YoY Change -75.29% 50.1%
INVESTING ACTIVITIES
Capital Expenditures -$44.32M $118.4M -$26.15M
YoY Change 69.53% 191.91%
Acquisitions $5.387M
YoY Change 5.75%
Other Investing Activities $15.00K -$2.645M -$4.995M
YoY Change -100.3% -47.05%
Cash From Investing Activities -$44.31M -$121.1M -$31.14M
YoY Change 42.29% 165.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.88M $27.58M -1.929M
YoY Change -1597.15% 241.46%
NET CHANGE
Cash From Operating Activities 8.071M $80.38M 32.66M
Cash From Investing Activities -44.31M -$121.1M -31.14M
Cash From Financing Activities 28.88M $27.58M -1.929M
Net Change In Cash -7.357M -$13.13M -408.0K
YoY Change 1703.19% -181.8%
FREE CASH FLOW
Cash From Operating Activities $8.071M $80.38M $32.66M
Capital Expenditures -$44.32M $118.4M -$26.15M
Free Cash Flow $52.39M -$38.07M $58.81M
YoY Change -10.9% -393.43%

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-859706000 USD
CY2020 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
7750000 USD
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
598051000 USD
CY2020 bros Partners Capital Account Units Increase Decrease Change In Redemption Value
PartnersCapitalAccountUnitsIncreaseDecreaseChangeInRedemptionValue
-598051000 USD
CY2020 bros Net Income Loss Attributable To Parent Prior To Reorganization
NetIncomeLossAttributableToParentPriorToReorganization
5725000 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
1535772000 USD
CY2020Q4 us-gaap Members Equity
MembersEquity
-1459782000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-119977000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
5725000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
28386000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25217000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15537000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9670000 USD
CY2021 us-gaap Paid In Kind Interest
PaidInKindInterest
280000 USD
CY2020 us-gaap Paid In Kind Interest
PaidInKindInterest
98000 USD
CY2019 us-gaap Paid In Kind Interest
PaidInKindInterest
98000 USD
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-657000 USD
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-475000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
35087000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-232000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1286000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
157716000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
6758000 USD
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
2663000 USD
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-193000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4218000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
612000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7668000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4587000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-222000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3761000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1284000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2220000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-13000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
573000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-495000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2154000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-518000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3531000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
9973000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2527000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2940000 USD
CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
4955000 USD
CY2020 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
584000 USD
CY2019 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
217000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
11706000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4419000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4954000 USD
CY2021 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
412000 USD
CY2020 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
343000 USD
CY2019 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
552000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-118000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-66000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-2961000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80375000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
53549000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
56702000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
118444000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40575000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39465000 USD
CY2021 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
2742000 USD
CY2020 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
99000 USD
CY2019 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
47000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5387000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5094000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
530000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-121089000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45570000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-39948000 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
65000000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
15000000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
15000000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1958000 USD
CY2021 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2653000 USD
CY2020 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1195000 USD
CY2019 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1104000 USD
CY2021 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
1484000 USD
CY2020 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
0 USD
CY2019 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
0 USD
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
200000000 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
5250000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
227594000 USD
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
3228000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
2993000 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2406000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
10000000 USD
CY2019 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
CY2020 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
10000000 USD
CY2019 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
524858000 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
213308000 USD
CY2020 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
7750000 USD
CY2019 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
6625000 USD
CY2021 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
287664000 USD
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2019 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3804000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11333000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2021Q3 bros Tax Receivable Agreement Tax Benefits Owed To Certain Llc Owners Percent
TaxReceivableAgreementTaxBenefitsOwedToCertainLLCOwnersPercent
0.85
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27580000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8077000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12680000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13134000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16056000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4074000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31640000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15584000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11510000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18506000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31640000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15584000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
7350000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
3829000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
2415000 USD
CY2021Q4 bros Noncontrolling Interest Percentage Of Voting Interest
NoncontrollingInterestPercentageOfVotingInterest
1.000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
886000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
338000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
103000 USD
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
35169000 USD
CY2020 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
31291000 USD
CY2019 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
13797000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6452000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3518000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4329000 USD
CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
250000 USD
CY2020 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2019 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2021Q4 us-gaap Number Of Stores
NumberOfStores
538 store
CY2021Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 state
CY2021Q3 bros Classes Of Common Stock
ClassesOfCommonStock
4 classOfStock
CY2021Q3 bros Number Of Tax Receivable Agreements Payable
NumberOfTaxReceivableAgreementsPayable
2 agreement
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt"><span style="color:#006098;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#131e29;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The presentation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions, primarily related to long-lived asset valuation, leases, deferred revenue, tax receivable agreements, income taxes, and equity-based compensation that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Although management bases its estimates on historical experience and assumptions that are believed to be reasonable under the circumstances, actual results could differ from those estimates.</span></div>
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:9pt"><span style="color:#006098;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Reclassifications</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#131e29;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has reclassified certain amounts in prior-period financial statements to conform to the current period's presentation. On the consolidated balance sheets, deferred income tax assets have been reclassified from other long-term assets.</span></div>
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021 bros Cost Of Good And Services Sold Incentives Expense
CostOfGoodAndServicesSoldIncentivesExpense
39085000 USD
CY2020 bros Cost Of Good And Services Sold Incentives Expense
CostOfGoodAndServicesSoldIncentivesExpense
25630000 USD
CY2019 bros Cost Of Good And Services Sold Incentives Expense
CostOfGoodAndServicesSoldIncentivesExpense
17140000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2560000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
30652000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
18047000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
13723000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
850000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
497876000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
327413000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
238368000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
452000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
396000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
338000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
284000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
240000 USD
CY2021 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
5387000 USD
CY2020 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
5094000 USD
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
178000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
314000 USD
CY2021Q4 bros Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Building And Leasehold Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingAndLeaseholdImprovements
1425000 USD
CY2020Q4 bros Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Building And Leasehold Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingAndLeaseholdImprovements
0 USD
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
97000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
79000 USD
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
23000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
14000 USD
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
95000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
96000 USD
CY2021Q4 bros Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contract With Customer Liability
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContractWithCustomerLiability
193000 USD
CY2020Q4 bros Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contract With Customer Liability
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContractWithCustomerLiability
198000 USD
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
4747000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
3550000 USD
CY2021 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
5400000 USD
CY2021 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
200000 USD
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
501324000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
335881000 USD
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-120867000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
6500000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5549000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5004000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
17796000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10576000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
23345000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
15580000 USD
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2126000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2240000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
357046000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
200182000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
55048000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34759000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
301998000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
165423000 USD
CY2021 us-gaap Depreciation
Depreciation
21686000 USD
CY2020 us-gaap Depreciation
Depreciation
12877000 USD
CY2019 us-gaap Depreciation
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7340000 USD
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DeferredStateAndLocalIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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89000 USD
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EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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DeferredTaxAssetsInvestmentInSubsidiaries
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CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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1142000 USD
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DeferredTaxAssetsTaxCreditCarryforwards
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1315000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
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193000 USD
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160326000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
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193000 USD
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1295000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
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159031000 USD
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193000 USD
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CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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20000000 shares
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0.00001
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0.01
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51100000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
78600000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
79300000 USD
CY2021Q4 bros Share Based Payment Arrangement Nonvested Payment Awards Expected Cost Recognized In Current Year
ShareBasedPaymentArrangementNonvestedPaymentAwardsExpectedCostRecognizedInCurrentYear
39381000 USD
CY2021Q4 bros Share Based Payment Arrangement Nonvested Award Expected Costs Year One
ShareBasedPaymentArrangementNonvestedAwardExpectedCostsYearOne
39261000 USD
CY2021Q4 bros Share Based Payment Arrangement Nonvested Award Expected Costs Year Two
ShareBasedPaymentArrangementNonvestedAwardExpectedCostsYearTwo
660000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
79302000 USD
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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1
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04
CY2021 us-gaap Defined Contribution Plan Cost Recognized
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1200000 USD
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800000 USD
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0.713
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CY2021 bros Adjustment To Additional Paid In Capital Reorganization Transactions
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CY2021 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
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CY2021 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
-449051000 USD
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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45864000 shares
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45864000 shares
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-0.28
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-0.28
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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4595000 shares
CY2021 us-gaap Number Of Operating Segments
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2 segment
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KPMG, LLP
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AuditorLocation
Portland, Oregon
CY2021 dei Auditor Firm
AuditorFirmId
185

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