10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-22-013078 |
| Period End Date | 20220331 |
| Filing Date | 20220506 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | drvn-20220326_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
89 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
167.00M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
167.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$175.37M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$270.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$523.41M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$172.61M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$792.00K | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$792.00K | USD | Point-in-time |
| Accounts and notes receivable, net |
AccountsNotesAndLoansReceivableNetCurrent
|
$133.81M | USD | Point-in-time |
| Accounts and notes receivable, net |
AccountsNotesAndLoansReceivableNetCurrent
|
$117.90M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$46.99M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$48.88M | USD | Point-in-time |
| Prepaid and other assets |
PrepaidExpenseCurrent
|
$24.64M | USD | Point-in-time |
| Prepaid and other assets |
PrepaidExpenseCurrent
|
$24.33M | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$6.87M | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$5.07M | USD | Point-in-time |
| Advertising fund assets, restricted |
AdvertisingFundAssetCurrent
|
$45.36M | USD | Point-in-time |
| Advertising fund assets, restricted |
AdvertisingFundAssetCurrent
|
$51.28M | USD | Point-in-time |
| Assets held for sale |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$3.27M | USD | Point-in-time |
| Assets held for sale |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$3.27M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$538.43M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$768.93M | USD | Point-in-time |
| Notes receivable, net |
NotesAndLoansReceivableNetNoncurrent
|
$3.18M | USD | Point-in-time |
| Notes receivable, net |
NotesAndLoansReceivableNetNoncurrent
|
$8.92M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.38B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.35B | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$995.62M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$1.03B | USD | Point-in-time |
| Deferred commissions |
CapitalizedContractCostNetNoncurrent
|
$10.57M | USD | Point-in-time |
| Deferred commissions |
CapitalizedContractCostNetNoncurrent
|
$10.62M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$816.18M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$862.76M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.91B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$1.48M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$1.51M | USD | Point-in-time |
| Total assets |
Assets
|
$5.86B | USD | Point-in-time |
| Total assets |
Assets
|
$5.88B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$83.03M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$85.47M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$241.73M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$297.62M | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$20.64M | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$11.05M | USD | Point-in-time |
| Current portion of long term debt |
LongTermDebtCurrent
|
$22.97M | USD | Point-in-time |
| Current portion of long term debt |
LongTermDebtCurrent
|
$26.04M | USD | Point-in-time |
| Income tax receivable liability |
IncomeTaxReceivableLiabilityCurrent
|
$24.25M | USD | Point-in-time |
| Income tax receivable liability |
IncomeTaxReceivableLiabilityCurrent
|
$24.25M | USD | Point-in-time |
| Advertising fund liabilities |
AdvertisingFundLiabilityCurrent
|
$26.44M | USD | Point-in-time |
| Advertising fund liabilities |
AdvertisingFundLiabilityCurrent
|
$29.02M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$424.09M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$468.45M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$2.36B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$2.36B | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$257.07M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$256.54M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$931.60M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$961.18M | USD | Point-in-time |
| Income tax receivable liability |
IncomeTaxReceivableLiabilityNoncurrent
|
$131.72M | USD | Point-in-time |
| Income tax receivable liability |
IncomeTaxReceivableLiabilityNoncurrent
|
$131.72M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityNoncurrent
|
$37.58M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityNoncurrent
|
$39.54M | USD | Point-in-time |
| Long-term accrued expenses and other liabilities |
OtherAccruedLiabilitiesNoncurrent
|
$28.18M | USD | Point-in-time |
| Long-term accrued expenses and other liabilities |
OtherAccruedLiabilitiesNoncurrent
|
$29.40M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.21B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.20B | USD | Point-in-time |
| Common stock, $0.01 par value, 900 million shares authorized and 167 million shares issued at March 26, 2022 and December 25, 2021. |
CommonStockValue
|
$1.67M | USD | Point-in-time |
| Common stock, $0.01 par value, 900 million shares authorized and 167 million shares issued at March 26, 2022 and December 25, 2021. |
CommonStockValue
|
$1.68M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.61B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.61B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$41.61M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$76.05M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-5.03M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-10.48M | USD | Point-in-time |
| Total shareholders equity attributable to Driven Brands Holdings Inc. |
StockholdersEquity
|
$1.68B | USD | Point-in-time |
| Total shareholders equity attributable to Driven Brands Holdings Inc. |
StockholdersEquity
|
$1.64B | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$1.10M | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$665.00K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.68B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.11B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.63B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.65B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$5.88B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$5.86B | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$329.42M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$468.32M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$92.22M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$69.05M | USD | 1 Quarter |
| Acquisition costs |
BusinessCombinationAcquisitionRelatedCosts
|
$1.65M | USD | 1 Quarter |
| Acquisition costs |
BusinessCombinationAcquisitionRelatedCosts
|
$4.32M | USD | 1 Quarter |
| Store opening costs |
PreOpeningCosts
|
$506.00K | USD | 1 Quarter |
| Store opening costs |
PreOpeningCosts
|
$289.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$23.85M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$33.02M | USD | 1 Quarter |
| Asset impairment charges and lease terminations |
AssetImpairmentChargesAndLeaseTerminations
|
$1.25M | USD | 1 Quarter |
| Asset impairment charges and lease terminations |
AssetImpairmentChargesAndLeaseTerminations
|
$898.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$279.70M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$394.60M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$49.72M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$73.72M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$25.35M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$18.09M | USD | 1 Quarter |
| Net loss on foreign currency transactions |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-971.00K | USD | 1 Quarter |
| Net loss on foreign currency transactions |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-10.51M | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
$-45.50M | USD | 1 Quarter |
| Total other expenses, net |
NonoperatingIncomeExpense
|
$-74.10M | USD | 1 Quarter |
| Total other expenses, net |
NonoperatingIncomeExpense
|
$-26.32M | USD | 1 Quarter |
| Net income (loss) before taxes |
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
$47.40M | USD | 1 Quarter |
| Net income (loss) before taxes |
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
$-24.38M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$12.97M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-4.45M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-19.93M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$34.43M | USD | 1 Quarter |
| Net (loss) income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$7.00K | USD | 1 Quarter |
| Net (loss) income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-15.00K | USD | 1 Quarter |
| Net income (loss) attributable to Driven Brands Holdings Inc. |
NetIncomeLoss
|
$-19.94M | USD | 1 Quarter |
| Net income (loss) attributable to Driven Brands Holdings Inc. |
NetIncomeLoss
|
$34.44M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.13 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.20 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.13 | USD | 1 Quarter |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
162.76M | shares | 1 Quarter |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
154.83M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
166.75M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
154.83M | shares | 1 Quarter |
Cash Flow Statement
120 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-19.93M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$34.43M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$33.02M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$23.85M | USD | 1 Quarter |
| Non-cash lease cost |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$20.03M | USD | 1 Quarter |
| Non-cash lease cost |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$17.00M | USD | 1 Quarter |
| Loss on foreign denominated transactions |
ForeignCurrencyTransactionLossBeforeTax
|
$970.00K | USD | 1 Quarter |
| Loss on foreign denominated transactions |
ForeignCurrencyTransactionLossBeforeTax
|
$13.00M | USD | 1 Quarter |
| Gain on foreign currency derivative |
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
- | USD | 1 Quarter |
| Gain on foreign currency derivative |
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
$2.49M | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$372.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$657.00K | USD | 1 Quarter |
| Asset impairment costs |
AssetImpairmentCharges
|
$1.25M | USD | 1 Quarter |
| Asset impairment costs |
AssetImpairmentCharges
|
$898.00K | USD | 1 Quarter |
| Amortization of deferred financing costs and bond discounts |
AmortizationOfFinancingCostsAndDiscounts
|
$2.14M | USD | 1 Quarter |
| Amortization of deferred financing costs and bond discounts |
AmortizationOfFinancingCostsAndDiscounts
|
$2.22M | USD | 1 Quarter |
| Benefit (provision) for deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$132.00K | USD | 1 Quarter |
| Benefit (provision) for deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-8.02M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-45.50M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-1.60M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$749.00K | USD | 1 Quarter |
| Accounts and notes receivable, net |
IncreaseDecreaseInAccountsAndNotesReceivable
|
$19.69M | USD | 1 Quarter |
| Accounts and notes receivable, net |
IncreaseDecreaseInAccountsAndNotesReceivable
|
$21.12M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-135.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$1.79M | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-397.00K | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$8.18M | USD | 1 Quarter |
| Advertising fund assets and liabilities, restricted |
IncreaseDecreaseInAdvertisingFundsAssetsAndLiabilitiesRestricted
|
$-2.62M | USD | 1 Quarter |
| Advertising fund assets and liabilities, restricted |
IncreaseDecreaseInAdvertisingFundsAssetsAndLiabilitiesRestricted
|
$1.20M | USD | 1 Quarter |
| Deferred commissions |
IncreaseDecreaseCapitalizedContractCostNet
|
$-573.00K | USD | 1 Quarter |
| Deferred commissions |
IncreaseDecreaseCapitalizedContractCostNet
|
$-39.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$1.55M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$455.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$509.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$638.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
$-61.62M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
$-6.45M | USD | 1 Quarter |
| Income tax receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-11.48M | USD | 1 Quarter |
| Income tax receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-3.06M | USD | 1 Quarter |
| Operating lease liabilities |
IncreaseDecreaseInOperatingLeaseLiability
|
$-15.76M | USD | 1 Quarter |
| Operating lease liabilities |
IncreaseDecreaseInOperatingLeaseLiability
|
$-8.67M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$9.04M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$32.59M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$68.97M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$23.28M | USD | 1 Quarter |
| Cash used in business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$26.73M | USD | 1 Quarter |
| Cash used in business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$224.53M | USD | 1 Quarter |
| Proceeds from sale-leaseback transactions |
ProceedsFromSaleLeasebackTransactions
|
$41.02M | USD | 1 Quarter |
| Proceeds from sale-leaseback transactions |
ProceedsFromSaleLeasebackTransactions
|
$37.78M | USD | 1 Quarter |
| Proceeds from sale of company-operated stores |
ProceedsFromSaleOfCompanyOperatedStores
|
- | USD | 1 Quarter |
| Proceeds from sale of company-operated stores |
ProceedsFromSaleOfCompanyOperatedStores
|
$4.48M | USD | 1 Quarter |
| Proceeds from disposition of car wash operations |
ProceedsFromDivestitureOfBusinesses
|
$1.58M | USD | 1 Quarter |
| Proceeds from disposition of car wash operations |
ProceedsFromDivestitureOfBusinesses
|
- | USD | 1 Quarter |
| Proceeds from disposal of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$803.00K | USD | 1 Quarter |
| Proceeds from disposal of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.51M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-253.33M | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$4.82M | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$707.38M | USD | 1 Quarter |
| Proceeds from revolving lines of credit and short-term debt |
ProceedsFromShortTermDebt
|
- | USD | 1 Quarter |
| Proceeds from revolving lines of credit and short-term debt |
ProceedsFromShortTermDebt
|
$114.80M | USD | 1 Quarter |
| Repayments of revolving lines of credit and short-term debt |
RepaymentsOfShortTermDebt
|
- | USD | 1 Quarter |
| Repayments of revolving lines of credit and short-term debt |
RepaymentsOfShortTermDebt
|
$132.80M | USD | 1 Quarter |
| Repayment of principal portion of finance lease liability |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$879.00K | USD | 1 Quarter |
| Repayment of principal portion of finance lease liability |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$409.00K | USD | 1 Quarter |
| Proceeds from initial public offering, net of underwriting discounts |
ProceedsFromIssuanceInitialPublicOffering
|
$661.50M | USD | 1 Quarter |
| Proceeds from initial public offering, net of underwriting discounts |
ProceedsFromIssuanceInitialPublicOffering
|
- | USD | 1 Quarter |
| Net proceeds from underwriters' exercise of over-allotment option |
ProceedsFromAdditionalPublicOffering
|
$99.22M | USD | 1 Quarter |
| Net proceeds from underwriters' exercise of over-allotment option |
ProceedsFromAdditionalPublicOffering
|
- | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$42.98M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Payment for termination of interest rate swaps |
PaymentsForDerivativeInstrumentFinancingActivities
|
$21.83M | USD | 1 Quarter |
| Payment for termination of interest rate swaps |
PaymentsForDerivativeInstrumentFinancingActivities
|
- | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
- | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-20.00K | USD | 1 Quarter |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-5.72M | USD | 1 Quarter |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-29.87M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-592.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$650.00K | USD | 1 Quarter |
| Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-250.60M | USD | 1 Quarter |
| Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.14M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$175.37M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$270.68M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$523.41M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$172.61M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, beginning of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$19.37M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, beginning of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$21.16M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, beginning of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$40.72M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, beginning of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$38.59M | USD | Point-in-time |
| Restricted cash, beginning of period |
RestrictedCashAndCashEquivalents
|
$15.83M | USD | Point-in-time |
| Restricted cash, beginning of period |
RestrictedCashAndCashEquivalents
|
$10.13M | USD | Point-in-time |
| Restricted cash, beginning of period |
RestrictedCashAndCashEquivalents
|
$792.00K | USD | Point-in-time |
| Restricted cash, beginning of period |
RestrictedCashAndCashEquivalents
|
$792.00K | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$562.79M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$206.66M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$312.19M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$207.81M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$175.37M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$270.68M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$523.41M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$172.61M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, end of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$19.37M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, end of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$21.16M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, end of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$40.72M | USD | Point-in-time |
| Cash included in advertising fund assets, restricted, end of period |
CashIncludedInAdvertisingFundsRestrictedCashAndRestrictedCashEquivalents
|
$38.59M | USD | Point-in-time |
| Restricted cash, end of period |
RestrictedCashAndCashEquivalents
|
$15.83M | USD | Point-in-time |
| Restricted cash, end of period |
RestrictedCashAndCashEquivalents
|
$10.13M | USD | Point-in-time |
| Restricted cash, end of period |
RestrictedCashAndCashEquivalents
|
$792.00K | USD | Point-in-time |
| Restricted cash, end of period |
RestrictedCashAndCashEquivalents
|
$792.00K | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$562.79M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$206.66M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$312.19M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$207.81M | USD | Point-in-time |
| Accrued capital expenditures, end of period |
CapitalExpendituresIncurredButNotYetPaid
|
$3.80M | USD | 1 Quarter |
| Accrued capital expenditures, end of period |
CapitalExpendituresIncurredButNotYetPaid
|
$2.94M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$16.42M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$24.24M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$321.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$1.37M | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.68B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.11B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.63B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.65B | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$-19.93M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$34.43M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-5.44M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-9.09M | USD | 1 Quarter |
| Equity-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.62M | USD | 1 Quarter |
| Equity-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$983.00K | USD | 1 Quarter |
| Issuance of common stock upon initial public offering, net of underwriting discounts and commissions |
StockIssuedDuringPeriodValueNewIssues
|
$661.50M | USD | 1 Quarter |
| Common stock issued upon underwriter's exercise of over-allotment |
StockIssuedDuringPeriodUnderwritersExerciseOfOverAllotment
|
$99.22M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$42.98M | USD | 1 Quarter |
| Exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$25.00K | USD | 1 Quarter |
| Establishment of income tax receivable liability |
AdjustmentsToAdditionalPaidInCapitalEstablishmentOfIncomeTaxReceivableLiability
|
$155.97M | USD | 1 Quarter |
| IPO fees |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$14.76M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$63.00K | USD | 1 Quarter |
| Stock issued related to Employee Stock Purchase Plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$2.09M | USD | 1 Quarter |
| Tax withholding on stock option exercises |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$14.00K | USD | 1 Quarter |
| Divestiture of Denmark car wash operations |
NoncontrollingInterestDecreaseFromDeconsolidation
|
$432.00K | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.68B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.11B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.63B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.65B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-19.93M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$34.43M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-5.57M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-9.24M | USD | 1 Quarter |
| Unrealized gain from cash flow hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$132.00K | USD | 1 Quarter |
| Unrealized gain from cash flow hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$30.00K | USD | 1 Quarter |
| Defined benefit pension plan actuarial gain, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
- | USD | 1 Quarter |
| Defined benefit pension plan actuarial gain, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-128.00K | USD | 1 Quarter |
| Other comprehensive loss, net |
OtherComprehensiveIncomeLossNetOfTax
|
$-5.44M | USD | 1 Quarter |
| Other comprehensive loss, net |
OtherComprehensiveIncomeLossNetOfTax
|
$-9.09M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$28.99M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-29.02M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to non-controlling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$41.00K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to non-controlling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-2.00K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Driven Brands Holdings Inc. |
ComprehensiveIncomeNetOfTax
|
$28.99M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Driven Brands Holdings Inc. |
ComprehensiveIncomeNetOfTax
|
$-29.06M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.