2021 Q4 Form 10-K Financial Statement
#000095017022003762 Filed on March 15, 2022
Income Statement
Concept | 2021 Q4 | 2021 | 2020 Q4 |
---|---|---|---|
Revenue | $45.11M | $178.7M | $29.32M |
YoY Change | 53.84% | 72.79% | |
Cost Of Revenue | $12.55M | $46.84M | $7.691M |
YoY Change | 63.11% | 31.92% | |
Gross Profit | $32.56M | $131.8M | $21.63M |
YoY Change | 50.55% | 94.17% | |
Gross Profit Margin | 72.19% | 73.78% | 73.77% |
Selling, General & Admin | $21.26M | $86.68M | $15.58M |
YoY Change | 36.44% | 71.68% | |
% of Gross Profit | 65.29% | 65.75% | 72.04% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $5.074M | $20.33M | $4.570M |
YoY Change | 11.03% | 3.84% | |
% of Gross Profit | 15.58% | 15.42% | 21.13% |
Operating Expenses | $26.34M | $107.0M | $20.15M |
YoY Change | 30.68% | 52.72% | |
Operating Profit | $6.227M | $24.82M | $1.477M |
YoY Change | 321.6% | -1241.15% | |
Interest Expense | -$1.600M | -$13.97M | -$4.972M |
YoY Change | -67.82% | -23.54% | |
% of Operating Profit | -25.69% | -56.3% | -336.63% |
Other Income/Expense, Net | -$195.0K | -$195.0K | |
YoY Change | |||
Pretax Income | $4.522M | $4.081M | -$4.539M |
YoY Change | -199.63% | -118.99% | |
Income Tax | $114.0K | $114.0K | |
% Of Pretax Income | 2.52% | 2.79% | |
Net Earnings | $7.353M | $3.967M | -$4.539M |
YoY Change | -262.0% | -118.46% | |
Net Earnings / Revenue | 16.3% | 2.22% | -15.48% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $116.2K | $108.6K | -$71.15K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q4 | 2021 | 2020 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $43.30M | $43.30M | |
YoY Change | 17.92% | ||
Cash & Equivalents | $43.30M | $43.30M | $36.72M |
Short-Term Investments | |||
Other Short-Term Assets | $5.927M | $5.927M | |
YoY Change | 29.58% | ||
Inventory | $19.42M | $19.42M | |
Prepaid Expenses | |||
Receivables | $6.656M | $6.656M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $75.31M | $75.31M | |
YoY Change | 31.35% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.863M | $3.863M | $5.039M |
YoY Change | -23.34% | -23.34% | |
Goodwill | $328.6M | $328.6M | |
YoY Change | 0.0% | ||
Intangibles | $202.0M | $213.3M | |
YoY Change | -5.29% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.723M | $3.723M | |
YoY Change | 37.38% | ||
Total Long-Term Assets | $538.1M | $538.1M | |
YoY Change | -2.08% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $75.31M | $75.31M | |
Total Long-Term Assets | $538.1M | $538.1M | |
Total Assets | $613.4M | $613.4M | |
YoY Change | 1.08% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.684M | $7.684M | |
YoY Change | 1149.43% | ||
Accrued Expenses | $6.878M | $6.878M | |
YoY Change | 90.58% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $5.625M | $5.625M | |
YoY Change | 131.67% | ||
Total Short-Term Liabilities | $31.97M | $31.97M | |
YoY Change | 73.27% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $172.6M | $172.6M | |
YoY Change | -34.36% | ||
Other Long-Term Liabilities | $67.63M | $67.63M | |
YoY Change | 807.35% | ||
Total Long-Term Liabilities | $240.2M | $240.2M | |
YoY Change | -11.17% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $31.97M | $31.97M | |
Total Long-Term Liabilities | $240.2M | $240.2M | |
Total Liabilities | $434.1M | $434.1M | |
YoY Change | 50.25% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $179.4M | $179.4M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $613.4M | $613.4M | |
YoY Change | 1.08% |
Cashflow Statement
Concept | 2021 Q4 | 2021 | 2020 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $7.353M | $3.967M | -$4.539M |
YoY Change | -262.0% | -118.46% | |
Depreciation, Depletion And Amortization | $5.074M | $20.33M | $4.570M |
YoY Change | 11.03% | 3.84% | |
Cash From Operating Activities | $19.12M | $41.35M | $7.775M |
YoY Change | 145.88% | 2859.63% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$195.0K | $559.0K | $143.0K |
YoY Change | -236.36% | -74.1% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | -$195.0K | -$8.203M | $143.0K |
YoY Change | -236.36% | -77.74% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $240.6M | ||
YoY Change | 9935.59% | ||
Cash From Financing Activities | -987.0K | -26.56M | -577.0K |
YoY Change | 71.06% | -142.91% | |
NET CHANGE | |||
Cash From Operating Activities | 19.12M | 41.35M | 7.775M |
Cash From Investing Activities | -195.0K | -8.203M | 143.0K |
Cash From Financing Activities | -987.0K | -26.56M | -577.0K |
Net Change In Cash | 17.93M | 6.581M | 7.341M |
YoY Change | 144.31% | -75.12% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $19.12M | $41.35M | $7.775M |
Capital Expenditures | -$195.0K | $559.0K | $143.0K |
Free Cash Flow | $19.31M | $40.79M | $7.632M |
YoY Change | 153.04% | -5459.66% |
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-26562000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
61902000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27807000 | |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6581000 | |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
26456000 | |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1814000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
36720000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10264000 | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
8450000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
43301000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
36720000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10264000 | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
11763000 | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
16469000 | |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
17342000 | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
10000 | |
CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | |
CY2019 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | |
CY2021 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
89000 | |
CY2020 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
33000 | |
CY2020 | ewcz |
Non Cash Equity Distributions
NonCashEquityDistributions
|
122000 | |
CY2019 | ewcz |
Non Cash Equity Distributions
NonCashEquityDistributions
|
0 | |
CY2021 | ewcz |
Accrued Ipo Expenses Non Cash
AccruedIpoExpensesNonCash
|
870000 | |
CY2020 | ewcz |
Accrued Ipo Expenses Non Cash
AccruedIpoExpensesNonCash
|
0 | |
CY2019 | ewcz |
Accrued Ipo Expenses Non Cash
AccruedIpoExpensesNonCash
|
0 | |
CY2019 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
148000 | |
CY2021 | ewcz |
Intangible Assets Purchased But Not Yet Paid
IntangibleAssetsPurchasedButNotYetPaid
|
0 | |
CY2020 | ewcz |
Intangible Assets Purchased But Not Yet Paid
IntangibleAssetsPurchasedButNotYetPaid
|
0 | |
CY2019 | ewcz |
Intangible Assets Purchased But Not Yet Paid
IntangibleAssetsPurchasedButNotYetPaid
|
2183000 | |
CY2021 | ewcz |
Non Cash Equity Distributions
NonCashEquityDistributions
|
689000 | |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
259291000 | |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
210038000 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
203874000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
341241000 | |
CY2021 | ewcz |
Refinancing Fees And Expenses
RefinancingFeesAndExpenses
|
6869000 | |
CY2021 | us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | |
CY2021 | ewcz |
Royalty Revenue Percentage
RoyaltyRevenuePercentage
|
0.060 | |
CY2021 | ewcz |
Marketing Revenue Percentage
MarketingRevenuePercentage
|
0.030 | |
CY2021 | ewcz |
Franchise General Agreement Terms
FranchiseGeneralAgreementTerms
|
P10Y | |
CY2021 | ewcz |
Franchise Agreement Extension Period
FranchiseAgreementExtensionPeriod
|
P10Y | |
CY2021 | ewcz |
Commission Percentage
CommissionPercentage
|
0.0225 | |
CY2021 | ewcz |
Cash And Cash Equivalents Maturity Terms
CashAndCashEquivalentsMaturityTerms
|
Cash and cash equivalents are comprised of cash on hand, demand deposits with financial institutions, and short-term highly liquid investments with original maturities of 90 days or less. | |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2020 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2019 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2021 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | |
CY2020 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | |
CY2019 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | |
CY2021 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
0 | |
CY2020 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
0 | |
CY2019 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
0 | |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
328551000 | |
CY2021 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P10Y | |
CY2019 | ewcz |
Reduction Royalty Fee Revenue
ReductionRoyaltyFeeRevenue
|
1767000 | |
CY2019 | ewcz |
Reduction Other Revenues
ReductionOtherRevenues
|
112000 | |
CY2019Q2 | ewcz |
Corporate Owned Centers Sold Amount
CorporateOwnedCentersSoldAmount
|
1838000 | |
CY2019 | ewcz |
Gain On Sale Of Centers
GainOnSaleOfCenters
|
2120000 | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
328551000 | |
CY2020Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
247551000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
34284000 | |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
213267000 | |
CY2020Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
328551000 | |
CY2020Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
0 | |
CY2021Q4 | ewcz |
Inventory Obsolescence Reserve
InventoryObsolescenceReserve
|
5055000 | |
CY2020Q4 | ewcz |
Inventory Obsolescence Reserve
InventoryObsolescenceReserve
|
6599000 | |
CY2020Q4 | ewcz |
Inventory Obsolescence Reserve
InventoryObsolescenceReserve
|
6599000 | |
CY2019Q4 | ewcz |
Inventory Obsolescence Reserve
InventoryObsolescenceReserve
|
1229000 | |
CY2021 | ewcz |
Additions To Inventory Obsolescence Reserve
AdditionsToInventoryObsolescenceReserve
|
317000 | |
CY2020 | ewcz |
Additions To Inventory Obsolescence Reserve
AdditionsToInventoryObsolescenceReserve
|
6656000 | |
CY2021 | ewcz |
Reductions To Inventory Obsolescence Reserve
ReductionsToInventoryObsolescenceReserve
|
-1861000 | |
CY2020 | ewcz |
Reductions To Inventory Obsolescence Reserve
ReductionsToInventoryObsolescenceReserve
|
-1286000 | |
CY2021Q4 | ewcz |
Inventory Obsolescence Reserve
InventoryObsolescenceReserve
|
5055000 | |
CY2020Q4 | ewcz |
Inventory Obsolescence Reserve
InventoryObsolescenceReserve
|
6599000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11905000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12684000 | |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8042000 | |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7645000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3863000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5039000 | |
CY2019 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
18183000 | |
CY2021Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
255123000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
53128000 | |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
201995000 | |
CY2021Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
328551000 | |
CY2021Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
0 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
5625000 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
6750000 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
13500000 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
13500000 | |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
140625000 | |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
180000000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2098000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1524000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1346000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1232000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
880000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
1152000 | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
8232000 | |
CY2021Q4 | ewcz |
Vested And Outstanding Llc Units
VestedAndOutstandingLlcUnits
|
61969129 | |
CY2021Q4 | ewcz |
Vested And Outstanding Llc Units Percent
VestedAndOutstandingLlcUnitsPercent
|
1.000 | |
CY2021Q4 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P3Y10M24D | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
322997 | |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
17.00 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
0 | |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
21533 | |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
17.00 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
301464 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
17.00 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P9Y7M6D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3693000 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
0 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
0 | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | |
CY2019 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
375000 | |
CY2021 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
117000 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.000 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.438 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.009 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y6M | |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
349000 | |
CY2020 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
301000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
48069000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
48069000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
0 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
7396000 | |
CY2021Q4 | ewcz |
Deferred Tax Assets Investment In Partially Owned Subsidiaries
DeferredTaxAssetsInvestmentInPartiallyOwnedSubsidiaries
|
30750000 | |
CY2021Q4 | ewcz |
Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
|
-9540000 | |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
114000 | |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
114000 | |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
114000 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.022 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.531 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
|
0.151 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.008 | |
CY2021 | ewcz |
Effective Income Tax Rate Reconciliation Investment In Llc
EffectiveIncomeTaxRateReconciliationInvestmentInLlc
|
0.474 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.306 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.028 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
349000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
34000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
48069000 | |
CY2021 | ewcz |
Deferred Tax Asset Valuation Allowance Charged To Apic
DeferredTaxAssetValuationAllowanceChargedToApic
|
-50373000 | |
CY2021 | ewcz |
Deferred Tax Asset Valuation Allowance Charged To Oci
DeferredTaxAssetValuationAllowanceChargedToOci
|
32000 | |
CY2021 | ewcz |
Deferred Tax Asset Valuation Allowance Charged To Income Tax Expense
DeferredTaxAssetValuationAllowanceChargedToIncomeTaxExpense
|
2272000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
48069000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
31502000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
16808000 | |
CY2021Q4 | ewcz |
Federal And State Net Operating Losses Indefinite Carryforward
FederalAndStateNetOperatingLossesIndefiniteCarryforward
|
0.80 | |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
0 |