2023 Q2 Form 10-Q Financial Statement

#000178994023000057 Filed on May 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $216.3M $211.4M
YoY Change 17.27% 22.12%
Cost Of Revenue $79.87M $78.32M
YoY Change 7.97% 17.39%
Gross Profit $136.4M $133.1M
YoY Change 23.49% 25.09%
Gross Profit Margin 63.07% 62.95%
Selling, General & Admin $113.3M $107.5M
YoY Change 18.47% 20.15%
% of Gross Profit 83.02% 80.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.441M $9.117M
YoY Change 12.39% 10.87%
% of Gross Profit 6.92% 6.85%
Operating Expenses $122.7M $116.6M
YoY Change 17.98% 19.37%
Operating Profit $13.72M $15.33M
YoY Change 171.5% 97.56%
Interest Expense -$2.037M $1.907M
YoY Change -280.91% 89.56%
% of Operating Profit -14.85% 12.44%
Other Income/Expense, Net $531.0K $494.0K
YoY Change 357.76% 203.07%
Pretax Income $9.991M $13.92M
YoY Change 147.12% 101.21%
Income Tax $2.032M $4.558M
% Of Pretax Income 20.34% 32.75%
Net Earnings $7.959M $9.360M
YoY Change 194.02% 101.72%
Net Earnings / Revenue 3.68% 4.43%
Basic Earnings Per Share $0.13 $0.16
Diluted Earnings Per Share $0.13 $0.15
COMMON SHARES
Basic Shares Outstanding 59.36M shares 59.26M shares
Diluted Shares Outstanding 60.94M shares 60.60M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.77M $54.42M
YoY Change 24.64% 16.97%
Cash & Equivalents $66.77M $54.42M
Short-Term Investments
Other Short-Term Assets $8.925M $585.0K
YoY Change 214.59% -58.51%
Inventory $4.887M $4.406M
Prepaid Expenses $5.893M $6.673M
Receivables $4.466M $3.828M
Other Receivables $0.00 $0.00
Total Short-Term Assets $85.04M $70.16M
YoY Change 21.44% 14.54%
LONG-TERM ASSETS
Property, Plant & Equipment $581.8M $555.4M
YoY Change 11.7% 11.37%
Goodwill $350.5M $345.2M
YoY Change 1.53% 0.0%
Intangibles $144.1M $143.0M
YoY Change 0.83% 0.12%
Long-Term Investments
YoY Change
Other Assets $1.232M $1.260M
YoY Change -3.9% -4.55%
Total Long-Term Assets $1.078B $1.045B
YoY Change 6.67% 5.75%
TOTAL ASSETS
Total Short-Term Assets $85.04M $70.16M
Total Long-Term Assets $1.078B $1.045B
Total Assets $1.163B $1.115B
YoY Change 7.63% 6.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.514M $5.223M
YoY Change -21.07% -34.43%
Accrued Expenses $92.95M $24.87M
YoY Change 335.4% 41.85%
Deferred Revenue $3.472M $3.225M
YoY Change 13.24% 7.43%
Short-Term Debt $344.0K $860.0K
YoY Change -34.23% -34.2%
Long-Term Debt Due $6.881M $5.627M
YoY Change 56.56% 48.74%
Total Short-Term Liabilities $109.2M $91.66M
YoY Change 17.53% 10.11%
LONG-TERM LIABILITIES
Long-Term Debt $92.17M $93.41M
YoY Change -5.15% -5.12%
Other Long-Term Liabilities $392.4M $3.301M
YoY Change 10704.13% 0.7%
Total Long-Term Liabilities $484.6M $3.301M
YoY Change 13241.96% 0.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.2M $91.66M
Total Long-Term Liabilities $484.6M $3.301M
Total Liabilities $616.8M $580.5M
YoY Change 9.53% 7.9%
SHAREHOLDERS EQUITY
Retained Earnings -$80.81M -$88.77M
YoY Change -17.28% -11.58%
Common Stock $594.0K $593.0K
YoY Change 0.51% 0.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $545.8M $534.6M
YoY Change
Total Liabilities & Shareholders Equity $1.163B $1.115B
YoY Change 7.63% 6.26%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income $7.959M $9.360M
YoY Change 194.02% 101.72%
Depreciation, Depletion And Amortization $9.441M $9.117M
YoY Change 12.39% 10.87%
Cash From Operating Activities $34.44M $21.14M
YoY Change 44.57% 164.65%
INVESTING ACTIVITIES
Capital Expenditures $15.16M $14.52M
YoY Change -197.88% 27.84%
Acquisitions $0.00
YoY Change
Other Investing Activities -$7.571M $154.0K
YoY Change
Cash From Investing Activities -$22.73M -$14.44M
YoY Change 46.76% 26.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 713.0K -$1.958M
YoY Change -155.23% 4.48%
NET CHANGE
Cash From Operating Activities 34.44M $21.14M
Cash From Investing Activities -22.73M -$14.44M
Cash From Financing Activities 713.0K -$1.958M
Net Change In Cash 12.42M $4.744M
YoY Change 76.35% -188.79%
FREE CASH FLOW
Cash From Operating Activities $34.44M $21.14M
Capital Expenditures $15.16M $14.52M
Free Cash Flow $19.28M $6.624M
YoY Change -50.95% -296.67%

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AmortizationOfFinancingCostsAndDiscounts
110000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
112000 usd
CY2023Q1 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-134000 usd
CY2022Q1 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-79000 usd
CY2023Q1 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
154000 usd
CY2022Q1 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
0 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2336000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1423000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-622000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-297000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
873000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
639000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
174000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-13000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2367000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3095000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2832000 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2074000 usd
CY2023Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-6521000 usd
CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-9230000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2031000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1602000 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1215000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2482000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21143000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7989000 usd
CY2023Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
154000 usd
CY2022Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14519000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11357000 usd
CY2023Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
76000 usd
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
101000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14441000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11458000 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
516000 usd
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1045000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
565000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2023Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
2007000 usd
CY2022Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
751000 usd
CY2023Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
78000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1958000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1874000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4744000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5343000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49923000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52115000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54667000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46772000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
1658000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
952000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
67000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8323000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10330000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
9000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
27000 usd
CY2023Q1 fwrg Remeasurements Of Operating Lease Assets And Lease Liabilities
RemeasurementsOfOperatingLeaseAssetsAndLeaseLiabilities
-955000 usd
CY2022Q1 fwrg Remeasurements Of Operating Lease Assets And Lease Liabilities
RemeasurementsOfOperatingLeaseAssetsAndLeaseLiabilities
-380000 usd
CY2023Q1 fwrg Remeasurements Of Finance Lease Assets And Lease Liabilities
RemeasurementsOfFinanceLeaseAssetsAndLeaseLiabilities
0 usd
CY2022Q1 fwrg Remeasurements Of Finance Lease Assets And Lease Liabilities
RemeasurementsOfFinanceLeaseAssetsAndLeaseLiabilities
-91000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
707000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
350000 usd
CY2023Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
29 state
CY2023Q1 us-gaap Fiscal Period
FiscalPeriod
The Company reports financial information on a 52- or 53-week fiscal year ending on the last Sunday of each calendar year. The quarters ended March 26, 2023 and March 27, 2022 were 13-week periods.
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the unaudited interim consolidated financial statements in accordance with GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited interim consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates and such differences could be material.</span></div>
CY2023Q1 fwrg Contract With Customer Liability Gift Card Revenue Current
ContractWithCustomerLiabilityGiftCardRevenueCurrent
2909000 usd
CY2022Q4 fwrg Contract With Customer Liability Gift Card Revenue Current
ContractWithCustomerLiabilityGiftCardRevenueCurrent
4897000 usd
CY2023Q1 fwrg Contract With Customer Liability Franchise Fee Revenue Current
ContractWithCustomerLiabilityFranchiseFeeRevenueCurrent
316000 usd
CY2022Q4 fwrg Contract With Customer Liability Franchise Fee Revenue Current
ContractWithCustomerLiabilityFranchiseFeeRevenueCurrent
296000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3225000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5193000 usd
CY2023Q1 fwrg Contract With Customer Liability Franchise Fee Revenue Noncurrent
ContractWithCustomerLiabilityFranchiseFeeRevenueNoncurrent
2409000 usd
CY2022Q4 fwrg Contract With Customer Liability Franchise Fee Revenue Noncurrent
ContractWithCustomerLiabilityFranchiseFeeRevenueNoncurrent
2472000 usd
CY2022Q4 fwrg Contract With Customer Liability Gift Card Revenue
ContractWithCustomerLiabilityGiftCardRevenue
4897000 usd
CY2021Q4 fwrg Contract With Customer Liability Gift Card Revenue
ContractWithCustomerLiabilityGiftCardRevenue
4410000 usd
CY2023Q1 fwrg Contract With Customer Liability Gift Card Revenue Cash Received
ContractWithCustomerLiabilityGiftCardRevenueCashReceived
1534000 usd
CY2022Q1 fwrg Contract With Customer Liability Gift Card Revenue Cash Received
ContractWithCustomerLiabilityGiftCardRevenueCashReceived
1216000 usd
CY2023Q1 fwrg Contract With Customer Liability Gift Card Revenue Revenue Recognized
ContractWithCustomerLiabilityGiftCardRevenueRevenueRecognized
3204000 usd
CY2022Q1 fwrg Contract With Customer Liability Gift Card Revenue Revenue Recognized
ContractWithCustomerLiabilityGiftCardRevenueRevenueRecognized
2590000 usd
CY2023Q1 fwrg Contract With Customer Liability Gift Card Revenue Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityGiftCardRevenueCumulativeCatchUpAdjustmentToRevenueModificationOfContract
318000 usd
CY2022Q1 fwrg Contract With Customer Liability Gift Card Revenue Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityGiftCardRevenueCumulativeCatchUpAdjustmentToRevenueModificationOfContract
284000 usd
CY2023Q1 fwrg Contract With Customer Liability Gift Card Revenue
ContractWithCustomerLiabilityGiftCardRevenue
2909000 usd
CY2022Q1 fwrg Contract With Customer Liability Gift Card Revenue
ContractWithCustomerLiabilityGiftCardRevenue
2752000 usd
CY2022Q4 fwrg Contract With Customer Liability Franchise Fee Revenue
ContractWithCustomerLiabilityFranchiseFeeRevenue
2768000 usd
CY2021Q4 fwrg Contract With Customer Liability Franchise Fee Revenue
ContractWithCustomerLiabilityFranchiseFeeRevenue
2536000 usd
CY2023Q1 fwrg Contract With Customer Liability Franchise Fee Revenue Cash Received
ContractWithCustomerLiabilityFranchiseFeeRevenueCashReceived
34000 usd
CY2022Q1 fwrg Contract With Customer Liability Franchise Fee Revenue Cash Received
ContractWithCustomerLiabilityFranchiseFeeRevenueCashReceived
120000 usd
CY2023Q1 fwrg Contract With Customer Liability Franchise Fee Revenue Revenue Recognized
ContractWithCustomerLiabilityFranchiseFeeRevenueRevenueRecognized
77000 usd
CY2022Q1 fwrg Contract With Customer Liability Franchise Fee Revenue Revenue Recognized
ContractWithCustomerLiabilityFranchiseFeeRevenueRevenueRecognized
64000 usd
CY2023Q1 fwrg Contract With Customer Liability Franchise Fee Revenue
ContractWithCustomerLiabilityFranchiseFeeRevenue
2725000 usd
CY2022Q1 fwrg Contract With Customer Liability Franchise Fee Revenue
ContractWithCustomerLiabilityFranchiseFeeRevenue
2592000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211406000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
173112000 usd
CY2023Q1 fwrg Accounts Receivable After Allowance For Credit Loss Third Party Delivery Providers Current
AccountsReceivableAfterAllowanceForCreditLossThirdPartyDeliveryProvidersCurrent
1339000 usd
CY2022Q4 fwrg Accounts Receivable After Allowance For Credit Loss Third Party Delivery Providers Current
AccountsReceivableAfterAllowanceForCreditLossThirdPartyDeliveryProvidersCurrent
974000 usd
CY2023Q1 fwrg Accounts Receivable After Allowance For Credit Loss Franchise Receivables Current
AccountsReceivableAfterAllowanceForCreditLossFranchiseReceivablesCurrent
1388000 usd
CY2022Q4 fwrg Accounts Receivable After Allowance For Credit Loss Franchise Receivables Current
AccountsReceivableAfterAllowanceForCreditLossFranchiseReceivablesCurrent
1076000 usd
CY2023Q1 fwrg Accounts Receivable After Allowance For Credit Loss Rebates Current
AccountsReceivableAfterAllowanceForCreditLossRebatesCurrent
494000 usd
CY2022Q4 fwrg Accounts Receivable After Allowance For Credit Loss Rebates Current
AccountsReceivableAfterAllowanceForCreditLossRebatesCurrent
920000 usd
CY2023Q1 fwrg Accounts Receivable After Allowance For Credit Loss Gift Card Sales Current
AccountsReceivableAfterAllowanceForCreditLossGiftCardSalesCurrent
351000 usd
CY2022Q4 fwrg Accounts Receivable After Allowance For Credit Loss Gift Card Sales Current
AccountsReceivableAfterAllowanceForCreditLossGiftCardSalesCurrent
1565000 usd
CY2023Q1 fwrg Accounts Receivable After Allowance For Credit Loss Other Current
AccountsReceivableAfterAllowanceForCreditLossOtherCurrent
256000 usd
CY2022Q4 fwrg Accounts Receivable After Allowance For Credit Loss Other Current
AccountsReceivableAfterAllowanceForCreditLossOtherCurrent
1629000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3828000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6164000 usd
CY2023Q1 us-gaap Construction Payable Current
ConstructionPayableCurrent
6201000 usd
CY2022Q4 us-gaap Construction Payable Current
ConstructionPayableCurrent
6908000 usd
CY2023Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4675000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
3791000 usd
CY2023Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
2413000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
1529000 usd
CY2023Q1 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
1631000 usd
CY2022Q4 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
1468000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
1645000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1506000 usd
CY2023Q1 fwrg Accrued Credit Card Fees Current
AccruedCreditCardFeesCurrent
1260000 usd
CY2022Q4 fwrg Accrued Credit Card Fees Current
AccruedCreditCardFeesCurrent
1043000 usd
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
935000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
951000 usd
CY2023Q1 fwrg Accrued Liabilities Operating Leases Contingent Rentals Current
AccruedLiabilitiesOperatingLeasesContingentRentalsCurrent
679000 usd
CY2022Q4 fwrg Accrued Liabilities Operating Leases Contingent Rentals Current
AccruedLiabilitiesOperatingLeasesContingentRentalsCurrent
811000 usd
CY2023Q1 fwrg Accrued Common Area Maintenance Current
AccruedCommonAreaMaintenanceCurrent
654000 usd
CY2022Q4 fwrg Accrued Common Area Maintenance Current
AccruedCommonAreaMaintenanceCurrent
680000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4781000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4042000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
24874000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22729000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
1310000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1433000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-1573000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-1683000 usd
CY2023Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
99037000 usd
CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
100925000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
5627000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
6257000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
93410000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
94668000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
355500000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
352373000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1215000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1332000 usd
CY2023Q1 fwrg Lease Right Of Use Asset
LeaseRightOfUseAsset
356715000 usd
CY2022Q4 fwrg Lease Right Of Use Asset
LeaseRightOfUseAsset
353705000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
40474000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
38936000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
370728000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
366113000 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
627000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
632000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
683000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
801000 usd
CY2023Q1 fwrg Lease Liability
LeaseLiability
412512000 usd
CY2022Q4 fwrg Lease Liability
LeaseLiability
406482000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
12969000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
12046000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3880000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3399000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
127000 usd
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
135000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
26000 usd
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
37000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
17002000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
15617000 usd
CY2023Q1 fwrg Operating Leases Contingent Rentals
OperatingLeasesContingentRentals
500000 usd
CY2022Q1 fwrg Operating Leases Contingent Rentals
OperatingLeasesContingentRentals
400000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
9827000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
10630000 usd
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
26000 usd
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
37000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
132000 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
126000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P14Y4M24D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y2M12D
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.086
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.089
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.076
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.078
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
31208000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
497000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
48752000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
607000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
50834000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
236000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
50632000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
46000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
50033000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
35000 usd
CY2023Q1 fwrg Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
514274000 usd
CY2023Q1 fwrg Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
22000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
745733000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1443000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
334531000 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
133000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
411202000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
1310000 usd
CY2023Q1 fwrg Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
52100000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5115674 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.12
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
20981000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
66717 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.45
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
503000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
49362 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
12.22
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4999595 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.12
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
26181000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3076284 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.56
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
17819000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y2M12D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2324316 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
7.31
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
351643 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
6.53
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
49362 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
5.19
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1923311 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
7.51
CY2023Q1 us-gaap Share Price
SharePrice
15.35
CY2022Q4 us-gaap Share Price
SharePrice
14.21
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1500000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2300000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13918000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6917000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4558000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2277000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.327
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.329
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.327
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.329
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9360000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9360000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4640000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4640000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59243430 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59048446 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60597729 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59983150 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1118816 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2150374 shares

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