10-Q Filing

FAT BRANDS, INC CIK: 1705012 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-035586`
Period End Date	20230930
Filing Date	20231031
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	fat-20230924_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 97 Cash Flow Statement 84 Stockholders Equity 41

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$28.67M	USD	Point-in-time
Cash	`Cash`	$87.99M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$34.42M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$25.38M	USD	Point-in-time
Accounts receivable, net of allowances of $11,720 and $24,207 as of September 24, 2023 and December 25, 2022, respectively	`AccountsReceivableNetCurrent`	$23.88M	USD	Point-in-time
Accounts receivable, net of allowances of $11,720 and $24,207 as of September 24, 2023 and December 25, 2022, respectively	`AccountsReceivableNetCurrent`	$24.09M	USD	Point-in-time
Inventory	`InventoryNet`	$6.92M	USD	Point-in-time
Inventory	`InventoryNet`	$6.83M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$24.21M	USD	Point-in-time
Assets classified as held-for-sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$4.77M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.72M	USD	Point-in-time
Assets classified as held-for-sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$3.72M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.04M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.09M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$95.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$163.09M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	3.25M	shares	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	$14.72M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	3.46M	shares	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	$16.43M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	3.46M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$101.11M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	3.25M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$100.23M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars per share)	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Goodwill	`Goodwill`	$293.28M	USD	Point-in-time
Goodwill	`Goodwill`	$293.28M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars per share)	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$625.29M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$615.15M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	51.60M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	51.60M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$79.19M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$82.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.69M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	16.57M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	16.77M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.00M	USD	Point-in-time
Total assets	`Assets`	$1.28B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	16.77M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	16.57M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.42M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$52.80M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$53.17M	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$2.17M	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$2.02M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$14.82M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$12.02M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$13.24M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$19.18M	USD	Point-in-time
Dividend payable on preferred shares	`DividendPayableOnPreferredShares`	$1.47M	USD	Point-in-time
Dividend payable on preferred shares	`DividendPayableOnPreferredShares`	$1.30M	USD	Point-in-time
Liabilities related to assets classified as held-for-sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$4.08M	USD	Point-in-time
Liabilities related to assets classified as held-for-sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$3.34M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$14.81M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$14.70M	USD	Point-in-time
Redeemable preferred stock	`CurrentPortionOfPreferredSharesNet`	$91.84M	USD	Point-in-time
Redeemable preferred stock	`CurrentPortionOfPreferredSharesNet`	$91.84M	USD	Point-in-time
Long-term debt, current portion	`LongTermDebtCurrent`	$45.23M	USD	Point-in-time
Long-term debt, current portion	`LongTermDebtCurrent`	$49.61M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayableCurrent`	$4.00M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayableCurrent`	$4.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$265.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$267.02M	USD	Point-in-time
Deferred income, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$21.70M	USD	Point-in-time
Deferred income, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$20.87M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$27.18M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$27.00M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$94.83M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$95.62M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$1.09B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$958.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.50B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.37B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 15,000,000 shares authorized; 3,460,252 shares issued and outstanding at September 24, 2023 and 3,252,154 shares issued and outstanding at December 25, 2022; liquidation preference $25 per share	`PreferredStockIncludingAdditionalPaidInCapital`	$45.50M	USD	Point-in-time
Preferred stock, $0.0001 par value; 15,000,000 shares authorized; 3,460,252 shares issued and outstanding at September 24, 2023 and 3,252,154 shares issued and outstanding at December 25, 2022; liquidation preference $25 per share	`PreferredStockIncludingAdditionalPaidInCapital`	$43.80M	USD	Point-in-time
Class A common stock and Class B common stock and additional paid-in capital as of September 24, 2023: $0.0001 par value per share; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,766,514 shares issued and outstanding (Class A 15,495,709, Class B 1,270,805). Common stock and additional paid-in capital as of December 25, 2022: $0.0001 par value; 51,600,000 shares authorized; 16,571,675 shares issued and outstanding (Class A 15,300,870, Class B 1,270,805)	`CommonStocksIncludingAdditionalPaidInCapitalNetOfDiscount`	$-29.98M	USD	Point-in-time
Class A common stock and Class B common stock and additional paid-in capital as of September 24, 2023: $0.0001 par value per share; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,766,514 shares issued and outstanding (Class A 15,495,709, Class B 1,270,805). Common stock and additional paid-in capital as of December 25, 2022: $0.0001 par value; 51,600,000 shares authorized; 16,571,675 shares issued and outstanding (Class A 15,300,870, Class B 1,270,805)	`CommonStocksIncludingAdditionalPaidInCapitalNetOfDiscount`	$-26.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-178.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-242.54M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-86.47M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-203.19M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-228.72M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-61.12M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-21.66M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-159.18M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.28B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time

Income Statement 97 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$321.82M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$103.22M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$109.37M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$303.41M	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$28.75M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$62.82M	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$24.46M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$74.19M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.08M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.22M	USD	3 Qtrs
Refranchising loss	`RefranchisingGainLoss`	$-122.00K	USD	1 Quarter
Refranchising loss	`RefranchisingGainLoss`	$-746.00K	USD	3 Qtrs
Refranchising loss	`RefranchisingGainLoss`	$-1.12M	USD	3 Qtrs
Refranchising loss	`RefranchisingGainLoss`	$-408.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$383.00K	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Advertising fees	`AdvertisingExpense`	$33.04M	USD	3 Qtrs
Advertising fees	`AdvertisingExpense`	$11.19M	USD	1 Quarter
Advertising fees	`AdvertisingExpense`	$11.67M	USD	1 Quarter
Advertising fees	`AdvertisingExpense`	$33.81M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$102.75M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$102.21M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$288.71M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$296.35M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$14.70M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$25.47M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.01M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.62M	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$57.53M	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$19.50M	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$70.42M	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$25.32M	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseRelatedToPreferredShares`	$4.42M	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseRelatedToPreferredShares`	$4.97M	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseRelatedToPreferredShares`	$13.77M	USD	3 Qtrs
Interest expense related to preferred shares	`InterestExpenseRelatedToPreferredShares`	$11.68M	USD	3 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.72M	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.72M	USD	3 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$3.92M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-128.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$137.00K	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$538.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-32.59M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-86.77M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-23.93M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-65.29M	USD	3 Qtrs
Loss before income tax (benefit) provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.92M	USD	1 Quarter
Loss before income tax (benefit) provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.97M	USD	1 Quarter
Loss before income tax (benefit) provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.30M	USD	3 Qtrs
Loss before income tax (benefit) provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-50.59M	USD	3 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$4.79M	USD	3 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-1.31M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$516.00K	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$2.57M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-55.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.87M	USD	3 Qtrs
Dividends on preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$1.66M	USD	1 Quarter
Dividends on preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$5.17M	USD	3 Qtrs
Dividends on preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$4.97M	USD	3 Qtrs
Dividends on preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$1.79M	USD	1 Quarter
Net loss available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-60.35M	USD	3 Qtrs
Net loss available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-25.10M	USD	1 Quarter
Net loss available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-26.45M	USD	1 Quarter
Net loss available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-69.05M	USD	3 Qtrs
Net loss available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-69.05M	USD	3 Qtrs
Net loss available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-60.35M	USD	3 Qtrs
Net loss available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-26.45M	USD	1 Quarter
Net loss available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-25.10M	USD	1 Quarter
Basic loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-3.67	USD	3 Qtrs
Basic loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-4.17	USD	3 Qtrs
Basic loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-1.59	USD	1 Quarter
Basic loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-1.52K	USD	1 Quarter
Diluted loss per common share (in dollars per share)	`EarningsPerShareDiluted`	$-1.52K	USD	1 Quarter
Diluted loss per common share (in dollars per share)	`EarningsPerShareDiluted`	$-3.67	USD	3 Qtrs
Diluted loss per common share (in dollars per share)	`EarningsPerShareDiluted`	$-4.17	USD	3 Qtrs
Diluted loss per common share (in dollars per share)	`EarningsPerShareDiluted`	$-1.59	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.44M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.55M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.61M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.53M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.61M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.44M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.55M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.53M	shares	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.14	USD	Point-in-time
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.40	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.42	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.14	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.14	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-55.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.87M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.44M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-184.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.08M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.22M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.67M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$6.12M	USD	3 Qtrs
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$8.01M	USD	3 Qtrs
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$12.26M	USD	3 Qtrs
Adjustments of purchase price liability	`AccretionOfPurchasePriceLiability`	-	USD	3 Qtrs
Adjustments of purchase price liability	`AccretionOfPurchasePriceLiability`	$-1.79M	USD	3 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.72M	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.72M	USD	3 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.30M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$-1.44M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.49M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.10M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	-	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-90.00K	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.37M	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$858.00K	USD	3 Qtrs
Operating lease assets and liabilities	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLeaseLiabilities`	$287.00K	USD	3 Qtrs
Operating lease assets and liabilities	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLeaseLiabilities`	$3.87M	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-681.00K	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$2.55M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$89.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.58M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$369.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$7.11M	USD	3 Qtrs
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$5.27M	USD	3 Qtrs
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-2.80M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$5.94M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.92M	USD	3 Qtrs
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-12.34M	USD	3 Qtrs
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-7.04M	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$18.78M	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$40.84M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.04M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-36.60M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.77M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.14M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.36M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.43M	USD	3 Qtrs
Payments received on notes receivable	`ProceedsFromSaleOfLoansReceivable`	$1.69M	USD	3 Qtrs
Payments received on notes receivable	`ProceedsFromSaleOfLoansReceivable`	$218.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.44M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.35M	USD	3 Qtrs
Proceeds from borrowings, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$29.33M	USD	3 Qtrs
Proceeds from borrowings, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$194.16M	USD	3 Qtrs
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$720.00K	USD	3 Qtrs
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$78.37M	USD	3 Qtrs
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	-	USD	3 Qtrs
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	$2.88M	USD	3 Qtrs
Proceeds from issuance of common and preferred shares	`ProceedsFromIssuanceOrSaleOfEquity`	$3.82M	USD	3 Qtrs
Proceeds from issuance of common and preferred shares	`ProceedsFromIssuanceOrSaleOfEquity`	$117.00K	USD	3 Qtrs
Dividends paid on redeemable preferred stock	`PaymentsOfOrdinaryDividendsTemporaryEquity`	$1.06M	USD	3 Qtrs
Dividends paid on redeemable preferred stock	`PaymentsOfOrdinaryDividendsTemporaryEquity`	-	USD	3 Qtrs
Dividends paid on common shares	`PaymentsOfDividendsCommonStock`	$6.98M	USD	3 Qtrs
Dividends paid on common shares	`PaymentsOfDividendsCommonStock`	$6.58M	USD	3 Qtrs
Dividends paid on preferred shares	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$5.17M	USD	3 Qtrs
Dividends paid on preferred shares	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.97M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$107.46M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.22M	USD	3 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$70.07M	USD	3 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.82M	USD	3 Qtrs
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$68.76M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$62.10M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$99.92M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$138.84M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$68.76M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$62.10M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$99.92M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$138.84M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$46.49M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$80.62M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$713.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$802.00K	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	16.77M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	16.57M	shares	Point-in-time
Beginning balance (in shares)	`PreferredStockSharesOutstanding`	3.46M	shares	Point-in-time
Beginning balance (in shares)	`PreferredStockSharesOutstanding`	3.25M	shares	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-86.47M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-203.19M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-228.72M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-61.12M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-21.66M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-159.18M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-55.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.87M	USD	3 Qtrs
Issuance of common and preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$34.00K	USD	1 Quarter
Issuance of common and preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$3.82M	USD	3 Qtrs
Issuance of common and preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$117.00K	USD	3 Qtrs
Issuance of common and preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$2.17M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.67M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.12M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.04M	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStockCash`	$6.58M	USD	3 Qtrs
Dividends paid on common stock	`DividendsCommonStockCash`	$2.34M	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStockCash`	$6.98M	USD	3 Qtrs
Dividends paid on common stock	`DividendsCommonStockCash`	$2.32M	USD	1 Quarter
Dividends paid on Series B preferred stock	`DividendsPreferredStockCash`	$5.17M	USD	3 Qtrs
Dividends paid on Series B preferred stock	`DividendsPreferredStockCash`	$1.66M	USD	1 Quarter
Dividends paid on Series B preferred stock	`DividendsPreferredStockCash`	$4.97M	USD	3 Qtrs
Dividends paid on Series B preferred stock	`DividendsPreferredStockCash`	$1.79M	USD	1 Quarter
Exercise of Series B preferred stock put option	`AdjustmentsToAdditionalPaidInCapitalDecreaseDueToExerciseOfPutOption`	$4.11M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	16.77M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	16.57M	shares	Point-in-time
Ending balance (in shares)	`PreferredStockSharesOutstanding`	3.46M	shares	Point-in-time
Ending balance (in shares)	`PreferredStockSharesOutstanding`	3.25M	shares	Point-in-time
Ending balance, value	`StockholdersEquity`	$-86.47M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-203.19M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-228.72M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-61.12M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-21.66M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-159.18M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.