Driven Brands Holdings Inc

For the period ended Mar 30, 2024. Filed May 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 30, 2024 · Filed May 8, 2024

DRVN$12.10-1.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Shareholders’/Members' Equity

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)

	Three Months Ended
March 30, 2024 · April 1, 2023
(in thousands, except share amounts) · Shares · Amount · Shares · Amount
Preferred stock, $0.01 par value per share	—		$—	—			$—
Common stock, $0.01 par value per share
Balance at beginning of period	163,965,231		$1,640	167,404,047			$1,674
Stock issued relating to Employee Stock Purchase Plan	43,764		—	26,358		—
Shares issued for exercise/vesting of equity-based compensation awards	170,172		2	130,044			1
Forfeiture of restricted stock awards	(99,586)		(1)	—			—
Balance at end of period	164,079,581		$1,641	167,560,449			$1,675
Additional paid-in capital
Balance at beginning of period		$1,652,401			$1,628,904
Equity-based compensation expense		11,861			2,564
Exercise of stock options		—			1,380
Stock issued relating to Employee Stock Purchase Plan		502			612
Balance at end of period		$1,664,764			$1,633,460
(Accumulated deficit) retained earnings
Balance at beginning of period		$(710,087)			$84,795
Net Income		4,261			29,749
Balance at end of period		$(705,826)			$114,544
Accumulated other comprehensive loss
Balance at beginning of period		$(37,875)			$(62,435)
Other comprehensive (loss) income		(16,532)			11,168
Balance at end of period		$(54,407)			$(51,267)
Non-controlling interests
Balance at beginning of period		$644			$631
Other comprehensive loss		—			(1)
Balance at end of period		$644			$630
Total shareholders’ equity		$906,816			$1,699,042

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.