10-Q Filing

Krispy Kreme, Inc. CIK: 1857154 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001857154-21-000013`
Period End Date	20210630
Filing Date	20210818
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	dnut-20210704_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 86 Cash Flow Statement 100 Stockholders Equity 55 Comprehensive Income 38

Balance Sheet 88 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`	174.50M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.38M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	124.99M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$224.05M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	163.60M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.46M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	163.60M	shares	Point-in-time
Marketable securities	`DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent`	$1.05M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	124.99M	shares	Point-in-time
Marketable securities	`DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent`	$744.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$23.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$82.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$134.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$74.35M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$49.21M	USD	Point-in-time
Inventories	`InventoryNet`	$38.50M	USD	Point-in-time
Inventories	`InventoryNet`	$38.52M	USD	Point-in-time
Prepaid expense and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.69M	USD	Point-in-time
Prepaid expense and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$146.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$164.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$415.32M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$395.25M	USD	Point-in-time
Goodwill	`Goodwill`	$1.10B	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$998.01M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.00B	USD	Point-in-time
Operating lease right of use asset, net	`OperatingLeaseRightOfUseAsset`	$399.69M	USD	Point-in-time
Operating lease right of use asset, net	`OperatingLeaseRightOfUseAsset`	$414.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.40M	USD	Point-in-time
Total assets	`Assets`	$3.06B	USD	Point-in-time
Total assets	`Assets`	$3.09B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$538.99M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$41.24M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$46.76M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$45.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$156.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$148.65M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$124.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$165.83M	USD	Point-in-time
Structured payables	`StructuredPayablesCurrent`	$137.32M	USD	Point-in-time
Structured payables	`StructuredPayablesCurrent`	$139.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.05B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$497.83M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$785.81M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$626.42M	USD	Point-in-time
Related party notes payable	`NotesPayableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Related party notes payable	`NotesPayableRelatedPartiesNoncurrent`	$344.58M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$390.96M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$376.10M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$150.69M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$144.87M	USD	Point-in-time
Other long-term obligations and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$55.82M	USD	Point-in-time
Other long-term obligations and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$63.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.21B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.27B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 300,000,000 and 174,500,000 shares authorized as of July 4, 2021 and January 3, 2021, respectively; 163,595,516 and 124,987,370 shares issued and outstanding as of July 4, 2021 and January 3, 2021, respectively	`CommonStockValue`	$1.64M	USD	Point-in-time
Common stock, $0.01 par value; 300,000,000 and 174,500,000 shares authorized as of July 4, 2021 and January 3, 2021, respectively; 163,595,516 and 124,987,370 shares issued and outstanding as of July 4, 2021 and January 3, 2021, respectively	`CommonStockValue`	$1.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.36B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$845.50M	USD	Point-in-time
Subscription receivable	`StockholdersEquityNoteSubscriptionsReceivable`	-	USD	Point-in-time
Subscription receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$471.25M	USD	Point-in-time
Shareholder note receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$18.66M	USD	Point-in-time
Shareholder note receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$3.83M	USD	Point-in-time
Accumulated other comprehensive income/(loss), net of income tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.30M	USD	Point-in-time
Accumulated other comprehensive income/(loss), net of income tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.21M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-162.40M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-142.20M	USD	Point-in-time
Total shareholders equity attributable to Krispy Kreme, Inc.	`StockholdersEquity`	$728.34M	USD	Point-in-time
Total shareholders equity attributable to Krispy Kreme, Inc.	`StockholdersEquity`	$684.68M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$163.68M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$93.47M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$863.40M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$848.36M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$883.42M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$832.46M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$821.81M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$828.74M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.09B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.06B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	174.50M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$349.19M	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$671.00M	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$506.19M	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$244.97M	USD	1 Quarter
Product and distribution costs	`ProductionAndDistributionCosts`	$68.96M	USD	1 Quarter
Product and distribution costs	`ProductionAndDistributionCosts`	$85.02M	USD	1 Quarter
Product and distribution costs	`ProductionAndDistributionCosts`	$165.01M	USD	2 Qtrs
Product and distribution costs	`ProductionAndDistributionCosts`	$137.11M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$220.00M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$305.42M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$104.22M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$157.88M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$41.49M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$60.93M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$110.47M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$82.57M	USD	2 Qtrs
Marketing expenses	`MarketingExpense`	$8.57M	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$16.69M	USD	2 Qtrs
Marketing expenses	`MarketingExpense`	$10.05M	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$19.56M	USD	2 Qtrs
Pre-opening costs	`PreOpeningCosts`	$6.30M	USD	2 Qtrs
Pre-opening costs	`PreOpeningCosts`	$3.14M	USD	2 Qtrs
Pre-opening costs	`PreOpeningCosts`	$1.75M	USD	1 Quarter
Pre-opening costs	`PreOpeningCosts`	$2.86M	USD	1 Quarter
Other (income)/expenses, net	`OtherOperatingIncomeExpenseNet`	$-1.34M	USD	1 Quarter
Other (income)/expenses, net	`OtherOperatingIncomeExpenseNet`	$4.01M	USD	2 Qtrs
Other (income)/expenses, net	`OtherOperatingIncomeExpenseNet`	$-2.51M	USD	2 Qtrs
Other (income)/expenses, net	`OtherOperatingIncomeExpenseNet`	$761.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$18.10M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$48.59M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$37.18M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$25.19M	USD	1 Quarter
Operating income/(loss)	`OperatingIncomeLoss`	$22.80M	USD	2 Qtrs
Operating income/(loss)	`OperatingIncomeLoss`	$9.12M	USD	1 Quarter
Operating income/(loss)	`OperatingIncomeLoss`	$-568.00K	USD	1 Quarter
Operating income/(loss)	`OperatingIncomeLoss`	$3.83M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$9.71M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$18.36M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$18.04M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$9.79M	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty`	$10.39M	USD	2 Qtrs
Interest expense related party	`InterestExpenseRelatedParty`	$5.57M	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty`	$11.13M	USD	2 Qtrs
Interest expense related party	`InterestExpenseRelatedParty`	$4.82M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$112.00K	USD	2 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$2.66M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$416.00K	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$858.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.07M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.77M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.55M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.19M	USD	1 Quarter
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$-2.91M	USD	2 Qtrs
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$9.92M	USD	1 Quarter
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$10.61M	USD	2 Qtrs
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$-1.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.69M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.37M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.95M	USD	1 Quarter
Net loss	`ProfitLoss`	$-378.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-22.63M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.51M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$945.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.15M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.83M	USD	2 Qtrs
Net loss attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$-20.20M	USD	2 Qtrs
Net loss attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$-24.14M	USD	2 Qtrs
Net loss attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$-12.63M	USD	1 Quarter
Net loss attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$-17.14M	USD	1 Quarter
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.16	USD	2 Qtrs
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	2 Qtrs
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.16	USD	2 Qtrs
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.99M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.67M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.67M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	124.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	124.99M	shares	2 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-11.69M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.37M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.95M	USD	1 Quarter
Net loss	`ProfitLoss`	$-378.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-22.63M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$48.59M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$37.18M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.70M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Impairment and lease termination charges	`LeaseImpairmentLossAndTerminationCharges`	$1.13M	USD	2 Qtrs
Impairment and lease termination charges	`LeaseImpairmentLossAndTerminationCharges`	$1.69M	USD	2 Qtrs
Loss/(gain) on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.16M	USD	2 Qtrs
Loss/(gain) on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-148.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$10.66M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.97M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$8.29M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$6.14M	USD	2 Qtrs
Change in accounts and notes receivable allowances	`ProvisionForLoanAndLeaseLosses`	$110.00K	USD	2 Qtrs
Change in accounts and notes receivable allowances	`ProvisionForLoanAndLeaseLosses`	$717.00K	USD	2 Qtrs
Inventory write-off	`InventoryWriteDown`	$776.00K	USD	2 Qtrs
Inventory write-off	`InventoryWriteDown`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$425.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$76.00K	USD	2 Qtrs
Change in operating assets and liabilities, excluding business acquisitions and foreign currency translation adjustments:	`IncreaseDecreaseInOperatingCapital`	$-1.54M	USD	2 Qtrs
Change in operating assets and liabilities, excluding business acquisitions and foreign currency translation adjustments:	`IncreaseDecreaseInOperatingCapital`	$5.33M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.94M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$56.84M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.84M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.13M	USD	2 Qtrs
Proceeds from disposals of assets	`ProceedsFromSaleOfProductiveAssets`	$2.79M	USD	2 Qtrs
Proceeds from disposals of assets	`ProceedsFromSaleOfProductiveAssets`	$147.00K	USD	2 Qtrs
Acquisition of shops and franchise rights from franchisees, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-212.00K	USD	2 Qtrs
Acquisition of shops and franchise rights from franchisees, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$33.89M	USD	2 Qtrs
Principal payments received from loans to franchisees	`ProceedsFromCollectionOfLoansReceivable`	$362.00K	USD	2 Qtrs
Principal payments received from loans to franchisees	`ProceedsFromCollectionOfLoansReceivable`	$45.00K	USD	2 Qtrs
Purchases of held-to-maturity debt securities	`PaymentsToAcquireHeldToMaturitySecurities`	$55.00K	USD	2 Qtrs
Purchases of held-to-maturity debt securities	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	2 Qtrs
Maturities of held-to-maturity debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$116.00K	USD	2 Qtrs
Maturities of held-to-maturity debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$277.00K	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.26M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.70M	USD	2 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfDebt`	$540.00M	USD	2 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfDebt`	$263.10M	USD	2 Qtrs
Repayment of long-term debt and lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$541.35M	USD	2 Qtrs
Repayment of long-term debt and lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$97.50M	USD	2 Qtrs
Payment of financing costs	`PaymentsOfFinancingCosts`	$1.70M	USD	2 Qtrs
Payment of financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Proceeds from structured payables	`ProceedsFromStructuredPayables`	$140.60M	USD	2 Qtrs
Proceeds from structured payables	`ProceedsFromStructuredPayables`	$135.22M	USD	2 Qtrs
Payments on structured payables	`PaymentsForStructuredPayables`	$138.10M	USD	2 Qtrs
Payments on structured payables	`PaymentsForStructuredPayables`	$97.53M	USD	2 Qtrs
Capital contribution by shareholders	`ProceedsFromContributedCapital`	$120.93M	USD	2 Qtrs
Capital contribution by shareholders	`ProceedsFromContributedCapital`	-	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in subsidiary	`ProceedsFromMinorityShareholders`	$17.59M	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in subsidiary	`ProceedsFromMinorityShareholders`	$53.26M	USD	2 Qtrs
Distribution to shareholders	`PaymentsOfDividends`	$19.00K	USD	2 Qtrs
Distribution to shareholders	`PaymentsOfDividends`	$34.36M	USD	2 Qtrs
Distribution to shareholders	`PaymentsOfDividends`	$34.40M	USD	1 Quarter
Payments for repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$102.70M	USD	2 Qtrs
Payments for repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$102.70M	USD	1 Quarter
Payments for repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	$6.02M	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	$5.61M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$215.25M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$30.55M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.16M	USD	2 Qtrs
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$188.73M	USD	2 Qtrs
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.00K	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.48M	USD	Point-in-time
Accrual for property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$1.38M	USD	2 Qtrs
Accrual for property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$6.11M	USD	2 Qtrs
Stock issuance under shareholder notes	`StockIssuedShareholderNote`	-	USD	2 Qtrs
Stock issuance under shareholder notes	`StockIssuedShareholderNote`	$446.00K	USD	2 Qtrs
Common stock issuance under subscription receivable in connection with initial public offering, net of underwriting discounts and issuance costs	`StockIssuedSubscriptionReceivable`	$459.69M	USD	2 Qtrs
Common stock issuance under subscription receivable in connection with initial public offering, net of underwriting discounts and issuance costs	`StockIssuedSubscriptionReceivable`	-	USD	2 Qtrs
Accrual for distribution to shareholders	`DistributionsDeclaredButNotYetPaid`	$7.97M	USD	2 Qtrs
Accrual for distribution to shareholders	`DistributionsDeclaredButNotYetPaid`	-	USD	2 Qtrs
Accrual for repurchase and retirement of common stock	`AccrualForRepurchaseAndRetirementOfCommonStock`	-	USD	2 Qtrs
Accrual for repurchase and retirement of common stock	`AccrualForRepurchaseAndRetirementOfCommonStock`	$35.80M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$224.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.46M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$23.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$82.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$134.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.45M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.18M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.46M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.48M	USD	Point-in-time

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	163.60M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	124.99M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$863.40M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$848.36M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$883.42M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$832.46M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$821.81M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$828.74M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-11.69M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-15.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-15.37M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-10.95M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-378.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-22.63M	USD	2 Qtrs
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$308.00K	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-2.89M	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-62.55M	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$13.56M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-695.00K	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-2.53M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-1.96M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-2.56M	USD	1 Quarter
Capital contribution from shareholders	`StockIssuedDuringPeriodValueCapitalContributionFromShareholders`	$120.93M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.29M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.17M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.97M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.37M	USD	1 Quarter
Purchase of shares by noncontrolling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$17.56M	USD	1 Quarter
Purchase of shares by noncontrolling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$41.07M	USD	1 Quarter
Purchase of shares by noncontrolling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$30.00K	USD	1 Quarter
Purchase of shares by noncontrolling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$12.19M	USD	1 Quarter
Distribution to shareholders	`Dividends`	$42.33M	USD	1 Quarter
Distribution to shareholders	`Dividends`	$15.00K	USD	1 Quarter
Distribution to shareholders	`Dividends`	-	USD	1 Quarter
Distribution to shareholders	`Dividends`	$4.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.11M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.14M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.51M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.88M	USD	1 Quarter
Conversion of noncontrolling interest to additional paid-in capital in connection with the Merger	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Issuance of common stock in connection with initial public offering, net of underwriting discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$-11.56M	USD	1 Quarter
Issuance of common stock upon settlement of RSUs, net of shares withheld	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-15.49M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$123.01M	USD	1 Quarter
Other	`StockholdersEquityOther`	$77.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$95.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$16.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$25.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	163.60M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	124.99M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$863.40M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$848.36M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$883.42M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$832.46M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$821.81M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$828.74M	USD	Point-in-time

Comprehensive Income 38 line items

Line Item	Tag	Value	Unit	Period
Unrealized income/(loss) on cash flow hedges, tax benefit (expense)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-5.80M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-11.69M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.37M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.95M	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, tax benefit (expense)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-600.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-378.00K	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, tax benefit (expense)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.10M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-22.63M	USD	2 Qtrs
Unrealized income/(loss) on cash flow hedges, tax benefit (expense)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$400.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.42M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.46M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.01M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.72M	USD	2 Qtrs
Unrealized income/(loss) on cash flow hedges, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.13M	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.23M	USD	2 Qtrs
Unrealized income/(loss) on cash flow hedges, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.89M	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-17.33M	USD	2 Qtrs
Total other comprehensive (loss)/income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$2.51M	USD	2 Qtrs
Total other comprehensive (loss)/income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-46.34M	USD	2 Qtrs
Total other comprehensive (loss)/income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$15.52M	USD	1 Quarter
Total other comprehensive (loss)/income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-326.00K	USD	1 Quarter
Comprehensive (loss)/income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-68.97M	USD	2 Qtrs
Comprehensive (loss)/income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-15.32M	USD	1 Quarter
Comprehensive (loss)/income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-12.86M	USD	2 Qtrs
Comprehensive (loss)/income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.84M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.51M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$945.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.15M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.83M	USD	2 Qtrs
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.83M	USD	2 Qtrs
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.51M	USD	2 Qtrs
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$945.00K	USD	1 Quarter
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.15M	USD	1 Quarter
Comprehensive (loss)/income attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$2.89M	USD	1 Quarter
Comprehensive (loss)/income attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$-17.69M	USD	2 Qtrs
Comprehensive (loss)/income attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$-70.48M	USD	2 Qtrs
Comprehensive (loss)/income attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$-17.47M	USD	1 Quarter

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