Derivative instruments and hedging activities (Tables) - European Wax Center, Inc. and Subsidiaries

6 Months Ended

Jun. 25, 2022

Derivative Instruments And Hedging Activities Disclosures [Line Items]

Schedule of Interest Rate Derivatives

Our cash flow hedge position related to the interest rate cap derivative instrument is as follows:

	Balance Sheet Classification	June 25, 2022		December 25, 2021
Derivatives designated as hedging instruments:
Interest rate cap, current portion	Other current liabilities	$	—	$	(182	)
Interest rate cap, non-current portion	Other long-term liabilities		—		(60	)
Total derivative liabilities designated as    hedging instruments		$	—	$	(242	)

Schedule of Net Unrealized Gain Recognized in Other Comprehensive Income (“OCI”)

The table below presents the net unrealized gain recognized in other comprehensive income (“OCI”) resulting from fair value adjustments of hedging instruments:

	Net Unrealized Gain Recognized in OCI
	For the Thirteen Weeks Ended				For the Twenty-Six Weeks Ended
	June 25, 2022		June 26, 2021		June 25, 2022		June 26, 2021
Derivatives designated as hedging instruments:
Interest rate cap	$	—	$	80	$	—	$	239
Total	$	—	$	80	$	—	$	239