$UTZ
Utz Brands, Inc.

2022 Q3 Form 10-Q Financial Statement

#000173956622000208 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q1 2021 Q3
Revenue $350.1M $300.9M $297.9M
YoY Change 17.53% 22.19% 76.64%
Cost Of Revenue $238.6M $210.5M $202.4M
YoY Change 17.92% 27.8% 90.04%
Gross Profit $111.5M $90.48M $95.56M
YoY Change 16.71% 10.88% 53.7%
Gross Profit Margin 31.85% 30.07% 32.08%
Selling, General & Admin $107.6M $96.36M $93.48M
YoY Change 15.12% 17.25% 57.71%
% of Gross Profit 96.49% 106.49% 97.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.70M $21.43M $10.20M
YoY Change 24.51% -52.1% 84.18%
% of Gross Profit 11.39% 23.68% 10.67%
Operating Expenses $107.6M $96.36M $93.48M
YoY Change 15.12% 17.25% 57.71%
Operating Profit $5.292M -$5.876M $4.369M
YoY Change 21.13% 913.1% 40.17%
Interest Expense $10.73M -$5.705M $7.896M
YoY Change 35.85% -94.48% 12.33%
% of Operating Profit 202.7% 180.73%
Other Income/Expense, Net -$5.612M $1.335M $12.23M
YoY Change -145.89% 394.44% -285.39%
Pretax Income -$320.0K -$10.35M $16.60M
YoY Change -101.93% -89.94% -576.98%
Income Tax -$2.900M $5.835M $400.0K
% Of Pretax Income 2.41%
Net Earnings $3.179M -$7.747M $17.58M
YoY Change -81.92% -92.24% -464.41%
Net Earnings / Revenue 0.91% -2.57% 5.9%
Basic Earnings Per Share $0.04 $0.22
Diluted Earnings Per Share $0.04 -$99.87K $0.21
COMMON SHARES
Basic Shares Outstanding 80.17M shares 76.50M shares
Diluted Shares Outstanding 81.51M shares 81.73M shares

Balance Sheet

Concept 2022 Q3 2022 Q1 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.13M $41.90M $26.75M
YoY Change -24.72% -10.53% -16.42%
Cash & Equivalents $20.13M $41.90M $26.75M
Short-Term Investments
Other Short-Term Assets $21.66M $18.40M $15.32M
YoY Change 41.43% 58.99% 82.32%
Inventory $99.55M $79.52M $69.98M
Prepaid Expenses
Receivables $152.1M $131.4M $143.5M
Other Receivables $6.424M $6.706M $7.991M
Total Short-Term Assets $299.8M $277.9M $263.5M
YoY Change 13.77% 13.81% 16.24%
LONG-TERM ASSETS
Property, Plant & Equipment $338.0M $303.8M $285.6M
YoY Change 18.36% 12.35% 0.05%
Goodwill $915.5M $915.4M $892.5M
YoY Change 2.57% 6.18% 38.39%
Intangibles $1.120B $1.143B $1.158B
YoY Change -3.24% -2.49% 35.42%
Long-Term Investments
YoY Change
Other Assets $81.82M $55.96M $20.42M
YoY Change 300.63% 257.11% 195.22%
Total Long-Term Assets $2.475B $2.438B $2.380B
YoY Change 3.98% 4.21% 29.72%
TOTAL ASSETS
Total Short-Term Assets $299.8M $277.9M $263.5M
Total Long-Term Assets $2.475B $2.438B $2.380B
Total Assets $2.775B $2.716B $2.644B
YoY Change 4.96% 5.12% 28.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $95.91M $95.37M $74.67M
YoY Change 28.43% 66.57% 33.19%
Accrued Expenses $65.82M $71.28M $59.60M
YoY Change 10.44% -11.77% -3.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.26M $11.41M $19.65M
YoY Change -27.46% 2333.69% 2707.29%
Total Short-Term Liabilities $189.2M $188.0M $153.9M
YoY Change 22.91% -6.04% 21.68%
LONG-TERM LIABILITIES
Long-Term Debt $877.1M $830.5M $813.1M
YoY Change 7.87% 6.75% 97.98%
Other Long-Term Liabilities $100.2M $102.1M $122.3M
YoY Change -18.05% -16.89% 40.91%
Total Long-Term Liabilities $1.137B $1.094B $1.010B
YoY Change 12.56% 9.46% 94.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $189.2M $188.0M $153.9M
Total Long-Term Liabilities $1.137B $1.094B $1.010B
Total Liabilities $1.327B $1.282B $1.164B
YoY Change 13.93% 6.87% 79.96%
SHAREHOLDERS EQUITY
Retained Earnings -$259.6M -$236.6M -$254.1M
YoY Change 2.17% -2.03% 2397.89%
Common Stock $939.6M $912.6M $944.8M
YoY Change -0.55% 15.01% 97.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $701.3M $679.7M $693.0M
YoY Change
Total Liabilities & Shareholders Equity $2.775B $2.716B $2.644B
YoY Change 4.96% 5.12% 28.24%

Cashflow Statement

Concept 2022 Q3 2022 Q1 2021 Q3
OPERATING ACTIVITIES
Net Income $3.179M -$7.747M $17.58M
YoY Change -81.92% -92.24% -464.41%
Depreciation, Depletion And Amortization $12.70M $21.43M $10.20M
YoY Change 24.51% -52.1% 84.18%
Cash From Operating Activities $9.736M $44.11M $13.14M
YoY Change -25.9% 48.5% -147.35%
INVESTING ACTIVITIES
Capital Expenditures -$52.14M -$13.95M -$8.689M
YoY Change 500.08% -86.24% -392.36%
Acquisitions
YoY Change
Other Investing Activities $5.139M -$44.07M -$36.54M
YoY Change -114.06% -92.68% -81.22%
Cash From Investing Activities -$47.00M -$58.02M -$45.23M
YoY Change 3.91% -91.75% -76.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 42.50M 29.85M 54.82M
YoY Change -22.47% -87.11% -122.9%
NET CHANGE
Cash From Operating Activities 9.736M 44.11M 13.14M
Cash From Investing Activities -47.00M -58.02M -45.23M
Cash From Financing Activities 42.50M 29.85M 54.82M
Net Change In Cash 5.234M 15.94M 22.72M
YoY Change -76.97% -103.6% -104.99%
FREE CASH FLOW
Cash From Operating Activities $9.736M $44.11M $13.14M
Capital Expenditures -$52.14M -$13.95M -$8.689M
Free Cash Flow $61.88M $58.05M $21.83M
YoY Change 183.48% -55.71% -171.05%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001739566
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-01
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccountsPayableAndAccruedLiabilitiesNoncurrent
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-07-03
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
Utz Brands, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity File Number
EntityFileNumber
001-38686
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-2751850
dei Entity Address Address Line1
EntityAddressAddressLine1
900 High Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Hanover
dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
17331
dei City Area Code
CityAreaCode
717
dei Local Phone Number
LocalPhoneNumber
637-6644
dei Security12b Title
Security12bTitle
Class A Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
UTZ
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20133000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41898000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1844000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1391000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
152061000 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
131388000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
99545000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
79517000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
21660000 usd
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
18395000 usd
CY2022Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
6424000 usd
CY2022Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
6706000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
299823000 usd
CY2022Q1 us-gaap Assets Current
AssetsCurrent
277904000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
338039000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
303807000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
915490000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
915438000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1120154000 usd
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1142509000 usd
CY2022Q3 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
19326000 usd
CY2022Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
20725000 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
81821000 usd
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
55963000 usd
CY2022Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
2474830000 usd
CY2022Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
2438442000 usd
CY2022Q3 us-gaap Assets
Assets
2774653000 usd
CY2022Q1 us-gaap Assets
Assets
2716346000 usd
CY2022Q3 us-gaap Secured Debt Current
SecuredDebtCurrent
14255000 usd
CY2022Q1 us-gaap Secured Debt Current
SecuredDebtCurrent
11414000 usd
CY2022Q3 utz Other Finance Leases And Other Notes Payable Current
OtherFinanceLeasesAndOtherNotesPayableCurrent
13214000 usd
CY2022Q1 utz Other Finance Leases And Other Notes Payable Current
OtherFinanceLeasesAndOtherNotesPayableCurrent
9957000 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
95906000 usd
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
95369000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
65819000 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
71280000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
189194000 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
188020000 usd
CY2022Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
877066000 usd
CY2022Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
830548000 usd
CY2022Q3 utz Other Finance Leases And Other Notes Payable Noncurrent
OtherFinanceLeasesAndOtherNotesPayableNoncurrent
24115000 usd
CY2022Q1 utz Other Finance Leases And Other Notes Payable Noncurrent
OtherFinanceLeasesAndOtherNotesPayableNoncurrent
24709000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
61714000 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
55838000 usd
CY2022Q3 utz Warrants And Rights Outstanding Noncurrent
WarrantsAndRightsOutstandingNoncurrent
38520000 usd
CY2022Q1 utz Warrants And Rights Outstanding Noncurrent
WarrantsAndRightsOutstandingNoncurrent
46224000 usd
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
135917000 usd
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
136334000 usd
CY2022Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1137332000 usd
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1093653000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
1326526000 usd
CY2022Q1 us-gaap Liabilities
Liabilities
1281673000 usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
939575000 usd
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
912574000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-259593000 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-236598000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
21288000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3715000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
701284000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
679705000 usd
CY2022Q3 us-gaap Minority Interest
MinorityInterest
746843000 usd
CY2022Q1 us-gaap Minority Interest
MinorityInterest
754968000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1448127000 usd
CY2021Q3 us-gaap Selling Expense
SellingExpense
64439000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1434673000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2774653000 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2716346000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
350147000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
297919000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
690914000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
567101000 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
238618000 usd
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
202359000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
475578000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
376300000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
111529000 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
95560000 usd
us-gaap Gross Profit
GrossProfit
215336000 usd
us-gaap Gross Profit
GrossProfit
190801000 usd
CY2022Q3 us-gaap Selling Expense
SellingExpense
68796000 usd
us-gaap Selling Expense
SellingExpense
156906000 usd
us-gaap Selling Expense
SellingExpense
121167000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38816000 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29041000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
77367000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58974000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
107612000 usd
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
93480000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
234273000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
180141000 usd
CY2022Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1375000 usd
CY2021Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2289000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1742000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3008000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5292000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4369000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-17195000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
13668000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
10727000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
7896000 usd
us-gaap Interest Expense
InterestExpense
19830000 usd
us-gaap Interest Expense
InterestExpense
18757000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-645000 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
758000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-125000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1476000 usd
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-5760000 usd
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-19368000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7704000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2133000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5612000 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
12230000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12251000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-19414000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-320000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
16599000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-29446000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5746000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2865000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
420000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-93000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1424000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
2545000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
16179000 usd
us-gaap Profit Loss
ProfitLoss
-29353000 usd
us-gaap Profit Loss
ProfitLoss
-7170000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-634000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1400000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14962000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2220000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
3179000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
17579000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14391000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4950000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80171174 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76500488 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79371789 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76213746 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81510936 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81732056 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79371789 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76213746 shares
CY2022Q3 us-gaap Profit Loss
ProfitLoss
2545000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
16179000 usd
us-gaap Profit Loss
ProfitLoss
-29353000 usd
us-gaap Profit Loss
ProfitLoss
-7170000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3011000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
607000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
30820000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1429000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5556000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
16786000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1467000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5741000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
647000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1400000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1715000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2220000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4909000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18186000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3182000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3521000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1384902000 usd
CY2021Q2 utz Stock Issued During Period Value Conversion Of Warrants
StockIssuedDuringPeriodValueConversionOfWarrants
111945000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2883000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-23349000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
822000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1477203000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
3756000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
16179000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
607000 usd
CY2021Q3 us-gaap Dividends Cash
DividendsCash
7645000 usd
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10829000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1479271000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1434673000 usd
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
6217000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1379000 usd
CY2022Q2 utz Adjustment To Additional Paid In Capital Income Tax Impact From Issuance Of Stock
AdjustmentToAdditionalPaidInCapitalIncomeTaxImpactFromIssuanceOfStock
1408000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-31898000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
27809000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1427154000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
4400000 usd
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
28000000 usd
CY2022Q3 utz Adjustment To Additional Paid In Capital Income Tax Impact From Issuance Of Stock
AdjustmentToAdditionalPaidInCapitalIncomeTaxImpactFromIssuanceOfStock
-1969000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
2545000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3011000 usd
CY2022Q3 us-gaap Dividends Cash
DividendsCash
8604000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6410000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1448127000 usd
us-gaap Profit Loss
ProfitLoss
-29353000 usd
us-gaap Profit Loss
ProfitLoss
-7170000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3319000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
44564000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38552000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7704000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2133000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1742000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3008000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5779000 usd
us-gaap Loss On Contract Termination
LossOnContractTermination
23000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6639000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-977000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1224000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
703000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3168000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20673000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21303000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20029000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6730000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5415000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8229000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5260000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5320000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26268000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-44000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
75000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
66631000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60278000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10823000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1200000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2551000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1490000 usd
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
12383000 usd
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
3800000 usd
us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
5017000 usd
us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
7922000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
2000000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
8849000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
5101000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-47251000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-70543000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
29824000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
28873000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
808000000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
13618000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
786555000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
265000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9085000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6217000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
57232000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
28000000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
8433000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
8082000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
6410000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
11009000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
51754000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
50501000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21765000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20086000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41898000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46831000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20133000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26745000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">– Certain prior year amounts have been reclassified for consistency with the current year presentation. In our Consolidated Statements of Operation and Comprehensive Income (Loss) and our Consolidated Statements of Cash Flows, included in our Quarterly Report on Form 10-Q for the quarter ended April 3, 2022, the Company began combining gain on disposal of property, plant and equipment, net and gain on sale of routes, net, into one line item as gain on sale of assets to simplify our reporting presentation. The reclassification had no impact on total operating costs, earnings from operations, net earnings, earnings per share or total equity.</span>
CY2022Q1 us-gaap Goodwill
Goodwill
915438000 usd
CY2022Q3 utz Promotional Program Reserve
PromotionalProgramReserve
33000000 usd
CY2022Q1 utz Promotional Program Reserve
PromotionalProgramReserve
26500000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
915490000 usd
us-gaap Loss On Contract Termination
LossOnContractTermination
23000000 usd
us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – Management uses estimates and assumptions in preparing the consolidated financial statements in accordance with U.S. GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Some examples, but not a comprehensive list, include sales and promotional allowances, customer returns, allowances for doubtful accounts, inventory valuations, useful lives of fixed assets and related impairment, long-term investments, hedge transactions, goodwill and intangible asset valuations and impairments, incentive compensation, income taxes, self-insurance, contingencies, litigation, and inputs used to calculate deferred tax liabilities, tax valuation allowances, and tax receivable agreements. Actual results could vary materially from the estimates that were used.</span>
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9400000 usd
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
55652000 usd
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
43533000 usd
CY2022Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
36613000 usd
CY2022Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
29428000 usd
CY2022Q3 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
7280000 usd
CY2022Q1 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
6556000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
99545000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
79517000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8900000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18800000 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
417074000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
359055000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
79035000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
55248000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
338039000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
303807000 usd
CY2022Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
38400000 usd
CY2022Q2 utz Asset Acquisition Liabilities Assumed
AssetAcquisitionLiabilitiesAssumed
1300000 usd
CY2022Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
38400000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
12700000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
10200000 usd
us-gaap Depreciation
Depreciation
25100000 usd
us-gaap Depreciation
Depreciation
20300000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
741780000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
744044000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
63903000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
45224000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
677877000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
698820000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1120154000 usd
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1142509000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18300000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21285000 usd
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20081000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10783000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9152000 usd
CY2022Q3 utz Accrued Freight And Manufacturing Current
AccruedFreightAndManufacturingCurrent
12471000 usd
CY2022Q1 utz Accrued Freight And Manufacturing Current
AccruedFreightAndManufacturingCurrent
8928000 usd
CY2022Q3 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
8134000 usd
CY2022Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
8620000 usd
CY2022Q3 utz Accrued Business Combination Transaction Fees Current
AccruedBusinessCombinationTransactionFeesCurrent
1457000 usd
CY2022Q1 utz Accrued Business Combination Transaction Fees Current
AccruedBusinessCombinationTransactionFeesCurrent
5660000 usd
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
983000 usd
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
371000 usd
CY2022Q3 utz Short Term Interest Rate Hedge Liability Accrued
ShortTermInterestRateHedgeLiabilityAccrued
0 usd
CY2022Q1 utz Short Term Interest Rate Hedge Liability Accrued
ShortTermInterestRateHedgeLiabilityAccrued
4548000 usd
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
4360000 usd
CY2022Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
4189000 usd
CY2022Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
0 usd
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1300000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6346000 usd
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8431000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
65819000 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
71280000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
29423000 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23226000 usd
CY2022Q3 utz Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
25426000 usd
CY2022Q1 utz Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
24443000 usd
CY2022Q3 utz Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Retirement And Salary Continuation Plans
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRetirementAndSalaryContinuationPlans
6782000 usd
CY2022Q1 utz Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Retirement And Salary Continuation Plans
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRetirementAndSalaryContinuationPlans
8117000 usd
CY2022Q3 utz Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Accrued
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAccrued
83000 usd
CY2022Q1 utz Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Accrued
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAccrued
52000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
61714000 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
55838000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7511000 usd
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7929000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
891321000 usd
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
841962000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
14255000 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
11414000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
877066000 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
830548000 usd
CY2022Q3 utz Distribution Rights Reclamation Liability Outstanding
DistributionRightsReclamationLiabilityOutstanding
1300000 usd
CY2022Q1 utz Distribution Rights Reclamation Liability Outstanding
DistributionRightsReclamationLiabilityOutstanding
1300000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
7876000 usd
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
8166000 usd
CY2022Q3 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
10073000 usd
CY2021Q3 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
7254000 usd
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
18404000 usd
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
14828000 usd
CY2022Q3 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-343000 usd
CY2021Q3 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-298000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-684000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-3168000 usd
CY2022Q3 utz Interest Only Loans
InterestOnlyLoans
311000 usd
CY2021Q3 utz Interest Only Loans
InterestOnlyLoans
344000 usd
utz Interest Only Loans
InterestOnlyLoans
742000 usd
utz Interest Only Loans
InterestOnlyLoans
761000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
10727000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
7896000 usd
us-gaap Interest Expense
InterestExpense
19830000 usd
us-gaap Interest Expense
InterestExpense
18757000 usd
CY2022Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
46224000 usd
CY2022Q2 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-1944000 usd
CY2022Q2 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
44280000 usd
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-5760000 usd
CY2022Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
38520000 usd
CY2022Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
93200000 usd
CY2022Q3 utz Purchase Commitment Losses
PurchaseCommitmentLosses
1100000 usd
CY2021Q3 utz Purchase Commitment Losses
PurchaseCommitmentLosses
0 usd
utz Purchase Commitment Losses
PurchaseCommitmentLosses
1000000 usd
utz Purchase Commitment Losses
PurchaseCommitmentLosses
0 usd
CY2022Q1 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
900000 usd
CY2022Q3 utz Accumulated Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
AccumulatedOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
34500000 usd
CY2022Q1 utz Accumulated Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
AccumulatedOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3700000 usd
us-gaap Interest Paid Net
InterestPaidNet
18515000 usd
us-gaap Interest Paid Net
InterestPaidNet
17391000 usd
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
4562000 usd
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
182000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
2475000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
3116000 usd
utz Dividends Accrued During The Period
DividendsAccruedDuringThePeriod
4360000 usd
utz Dividends Accrued During The Period
DividendsAccruedDuringThePeriod
3826000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2900000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-100000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
8.948
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.003
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.025
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.248
CY2022Q3 utz Effective Income Tax Rate Reconciliation Before Discrete Items Percent
EffectiveIncomeTaxRateReconciliationBeforeDiscreteItemsPercent
0.095
utz Effective Income Tax Rate Reconciliation Before Discrete Items Percent
EffectiveIncomeTaxRateReconciliationBeforeDiscreteItemsPercent
-0.050
CY2022Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2400000 usd
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-1900000 usd
utz Business Combination Consideration Transferred Tax Receivable Agreement
BusinessCombinationConsiderationTransferredTaxReceivableAgreement
25400000 usd
CY2022 utz Business Combination Consideration Transferred Tax Receivable Agreement
BusinessCombinationConsiderationTransferredTaxReceivableAgreement
24600000 usd
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-5800000 usd
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-19400000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7700000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2100000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
3179000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
3179000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
17579000 usd
CY2022Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-31000 usd
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-384000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3148000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17195000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80171174 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76500488 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
17579000 usd
CY2022Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-31000 usd
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-384000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3148000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17195000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80171174 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76500488 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
81510936 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
81732056 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-634000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1400000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14391000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4950000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-88000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-170000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14479000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5120000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79371789 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76213746 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1691247 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5677087 shares
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14962000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2220000 usd
utz Common Stock Conversion Ratio
CommonStockConversionRatio
1
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-15000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2200000 usd

Files In Submission

Name View Source Status
0001739566-22-000208-index-headers.html Edgar Link pending
0001739566-22-000208-index.html Edgar Link pending
0001739566-22-000208.txt Edgar Link pending
0001739566-22-000208-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
utz-20220703.htm Edgar Link pending
utz-20220703.xsd Edgar Link pending
utz20220703exhibit3111.htm Edgar Link pending
utz20220703exhibit3121.htm Edgar Link pending
utz20220703exhibit3211.htm Edgar Link pending
utz20220703exhibit3221.htm Edgar Link pending
utzbrandsinc2020omnibuse.htm Edgar Link pending
utzbrandsinc2020omnibuse001.jpg Edgar Link pending
utzbrandsinc2020omnibuse002.jpg Edgar Link pending
utzbrandsinc2020omnibuse003.jpg Edgar Link pending
utz-20220703_pre.xml Edgar Link unprocessable
utz-20220703_def.xml Edgar Link unprocessable
utz-20220703_htm.xml Edgar Link completed
utz-20220703_cal.xml Edgar Link unprocessable
utz-20220703_lab.xml Edgar Link unprocessable