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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 25, 2021
Current assets:    
Property and equipment, net $ 2,747 $ 3,863
Intangible assets, net 183,030 201,995
Goodwill 328,551 328,551
Current liabilities:    
Operating lease liabilities, current portion 1,312  
Operating lease liabilities, net of current portion 4,227  
Members’ equity:    
Total stockholders' equity 130,304 341,241
SubsidiariesMember    
Current assets:    
Cash and cash equivalents 44,219 43,301
Restricted Cash 6,575 0
Accounts receivable, net 6,932 6,656
Inventory, net 23,017 19,423
Prepaid expenses and other current assets 5,574 5,927
Total current assets 86,317 75,307
Property and equipment, net 2,747 3,863
Operating lease right-of-use assets 4,899 0
Intangible assets, net 183,030 201,995
Goodwill 328,551 328,551
Deferred income taxes 106,187 0
Other non-current assets 4,301 3,723
Total assets 716,032 613,439
Current liabilities:    
Accounts payable and accrued liabilities 18,547 23,155
Long-term debt, current portion 4,000 5,625
Tax receivable agreement liability, current portion 4,867 0
Deferred revenue, current portion 4,084 3,004
Operating lease liabilities, current portion 1,312 0
Other current liabilities 0 182
Total current liabilities 32,810 31,966
Long-term debt, net 370,935 172,607
Tax receivable agreement liability, net of current portion 167,293 59,167
Deferred revenue, net of current portion 6,901 6,787
Operating lease liabilities, net of current portion 4,227 0
Other long-term liabilities 3,562 1,671
Total liabilities 585,728 272,198
Commitments and contingencies (Note 12)
Members’ equity:    
Preferred stock 0 0
Treasury stock (10,080) 0
Additional paid-in capital 207,517 182,919
Accumulated deficit (118,437) (3,487)
Accumulated other comprehensive loss 0 (45)
Total stockholders' equity attributable to European Wax Center, Inc. 79,000 179,387
Noncontrolling interests 51,304 161,854
Total stockholders' equity 130,304 341,241
Total liabilities and stockholders' equity 716,032 613,439
SubsidiariesMember | Class A Common Stock [Member]    
Members’ equity:    
Common stock 0 0
SubsidiariesMember | Class B Common Stock [Member]    
Members’ equity:    
Common stock $ 0 $ 0