Driven Brands Holdings Inc
For the period ended Mar 29, 2025. Filed May 8, 2025.
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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 29, 2025 · Filed May 8, 2025
DRVN$12.26+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)
| Three Months Ended | ||||||
|---|---|---|---|---|---|---|
| March 29, 2025 · March 30, 2024 | ||||||
| (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 | 163,842,248 | $1,638 | 163,965,231 | $1,640 | ||
| Stock issued relating to Employee Stock Purchase Plan | 44,693 | 1 | 43,764 | — | ||
| Shares issued for exercise/vesting of share-based compensation awards | 393,284 | 4 | 170,172 | 2 | ||
| Forfeiture of restricted stock awards | (5,608) | — | (99,586) | (1) | ||
| Balance at end of period | 164,274,617 | $1,643 | 164,079,581 | $1,641 | ||
| Additional paid-in capital | ||||||
| Balance at beginning of period | $1,699,851 | $1,652,401 | ||||
| Share-based compensation expense | 11,788 | 11,861 | ||||
| Stock issued relating to Employee Stock Purchase Plan | 523 | 502 | ||||
| Tax obligations for share-based compensation | (2,582) | — | ||||
| Balance at end of period | $1,709,580 | $1,664,764 | ||||
| (Accumulated deficit) retained earnings | ||||||
| Balance at beginning of period | $(1,002,583) | $(710,087) | ||||
| Net income | 5,506 | 4,261 | ||||
| Balance at end of period | $(997,077) | $(705,826) | ||||
| Accumulated other comprehensive loss | ||||||
| Balance at beginning of period | $(91,572) | $(37,875) | ||||
| Other comprehensive (loss) income | 20,669 | (16,532) | ||||
| Balance at end of period | $(70,903) | $(54,407) | ||||
| Non-controlling interests | ||||||
| Balance at beginning of period | $— | $644 | ||||
| Acquisition of non-controlling interest | — | — | ||||
| Balance at end of period | $— | $644 | ||||
| Total shareholders’ equity | $643,243 | $906,816 | ||||
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