Driven Brands (DRVN) 10-Q4 Nov 222022 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 24, 2022	Nov. 01, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 24, 2022
Document Transition Report	false
Entity File Number	001-39898
Entity Registrant Name	Driven Brands Holdings Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-3595252
Entity Address, Address Line One	440 South Church Street
Entity Address, Address Line Two	Suite 700
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28202
City Area Code	704
Local Phone Number	377-8855
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	DRVN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		167,404,047
Entity Central Index Key	0001804745
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Revenue:
Revenue	$ 516,594	$ 371,148	$ 1,493,541	$ 1,075,395
Operating Expenses:
Selling, general, and administrative expenses	82,460	71,565	272,657	218,549
Acquisition costs	2,325	636	9,981	2,674
Store opening costs	753	666	1,925	1,360
Depreciation and amortization	36,518	28,447	107,628	78,722
Trade name impairment charge	0	0	125,450	0
Asset impairment charges and lease terminations	2,894	(270)	2,910	3,161
Total operating expenses	420,826	307,420	1,359,738	898,307
Operating income	95,768	63,728	133,803	177,088
Other expenses, net:
Interest expense, net	27,323	17,688	78,946	52,390
Loss (gain) on foreign currency transactions	15,582	1,074	30,490	6,356
Loss on debt extinguishment	0	0	0	45,576
Other expense, net	42,905	18,762	109,436	104,322
Income before taxes	52,863	44,966	24,367	72,766
Income tax expense	14,472	11,880	8,592	24,445
Net income	38,391	33,086	15,775	48,321
Net income (loss) attributable to non-controlling interest	0	(38)	(15)	(68)
Net income attributable to Driven Brands Holdings Inc.	$ 38,391	$ 33,124	$ 15,790	$ 48,389
Earnings per share:
Basic (in dollars per share)	$ 0.23	$ 0.20	$ 0.10	$ 0.30
Diluted (in dollars per share)	$ 0.23	$ 0.19	$ 0.09	$ 0.29
Weighted average shares outstanding
Basic (shares)	162,760	162,635	162,768	160,030
Diluted (shares)	166,831	166,630	166,663	163,968
Franchise royalties and fees
Revenue:
Revenue	$ 45,562	$ 38,953	$ 128,300	$ 107,240
Company-operated store sales
Revenue:
Revenue	341,211	213,755	957,487	603,808
Operating Expenses:
Operating expenses	209,562	130,520	580,368	367,095
Independently-operated store sales
Revenue:
Revenue	40,469	47,941	158,500	160,483
Operating Expenses:
Operating expenses	23,254	27,764	85,396	89,664
Advertising contributions
Revenue:
Revenue	22,018	19,762	63,807	56,665
Operating Expenses:
Operating expenses	22,018	19,762	63,807	56,665
Supply and other revenue
Revenue:
Revenue	67,334	50,737	185,447	147,199
Operating Expenses:
Operating expenses	$ 41,042	$ 28,330	$ 109,616	$ 80,417

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 38,391	$ 33,086	$ 15,775	$ 48,321
Other comprehensive income (loss):
Foreign currency translation adjustment	(71,063)	(30,844)	(118,751)	(28,675)
Unrealized gain from cash flow hedges	8,606	(1)	8,513	29
Defined benefit pension plan actuarial gain	5	3	12	131
Other comprehensive loss, net	(62,452)	(30,842)	(110,226)	(28,515)
Total comprehensive income (loss)	(24,061)	2,244	(94,451)	19,806
Comprehensive loss attributable to non-controlling interests	(15)	(47)	(36)	(8)
Comprehensive income (loss) attributable to Driven Brands Holdings Inc.	$ (24,046)	$ 2,291	$ (94,415)	$ 19,814

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 24, 2022	Dec. 25, 2021
Current assets:
Cash and cash equivalents	$ 190,373	$ 523,414
Restricted cash	792	792
Accounts and notes receivable, net	156,194	117,903
Inventory	62,569	46,990
Prepaid and other assets	53,456	24,326
Income tax receivable	5,070	6,867
Assets held for sale	0	3,275
Advertising fund assets, restricted	53,233	45,360
Total current assets	521,687	768,927
Notes receivable, net	6,636	3,182
Property and equipment, net	1,693,353	1,350,984
Operating lease right-of-use assets	1,089,693	995,625
Deferred commissions	9,607	10,567
Intangibles, net	717,959	816,183
Goodwill	2,082,572	1,910,392
Deferred tax assets	1,165	1,509
Total assets	6,122,672	5,857,369
Current liabilities:
Accounts payable	79,392	83,033
Accrued expenses and other liabilities	266,223	297,620
Income tax payable	48,264	11,054
Current portion of long term debt	23,836	26,044
Income tax receivable liability	24,255	24,255
Advertising fund liabilities	26,738	26,441
Total current liabilities	468,708	468,447
Long-term debt	2,656,520	2,356,320
Deferred tax liabilities	211,554	257,067
Operating lease liabilities	1,024,694	931,604
Income tax receivable liability	131,715	131,715
Deferred revenue	42,024	37,576
Long-term accrued expenses and other liabilities	22,505	29,398
Total liabilities	4,557,720	4,212,127
Commitments and contingencies
Common stock, $0.01 par value, 900 million shares authorized: and 168 million and 167 million shares issued at June 25, 2022 and December 25, 2021.	1,677	1,674
Additional paid-in capital	1,620,480	1,605,890
Retained earnings	57,397	41,607
Accumulated other comprehensive loss	(115,233)	(5,028)
Total shareholders’ equity attributable to Driven Brands Holdings Inc.	1,564,321	1,644,143
Non-controlling interests	631	1,099
Total shareholders' equity	1,564,952	1,645,242
Total liabilities and shareholders' equity	$ 6,122,672	$ 5,857,369

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Sep. 24, 2022	Dec. 25, 2021
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	900,000,000	900,000,000
Common stock, shares issued (in shares)	168,000,000	167,000,000

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’/MEMBERS’ EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Non-controlling interests
Beginning balance at Dec. 26, 2020	$ 1,106,360	$ 565	$ 1,055,172	$ 31,975	$ 16,528	$ 2,120
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(19,932)			(19,939)		7
Other comprehensive income (loss)	(9,085)				(9,085)
Equity-based compensation expense	983		983
Issuance of common stock upon initial public offering, net of underwriting discounts and commissions	661,500	1,082	660,418
Common stock issued upon underwriter's exercise of over-allotment	99,225	48	99,177
Repurchase of common stock	(42,977)	(21)	(42,956)
Exercise of stock options	25		25
Establishment of income tax receivable liability	(155,970)		(155,970)
IPO fees	(14,757)		(14,757)
Other	(63)					(63)
Ending balance at Mar. 27, 2021	1,625,309	1,674	1,602,092	12,036	7,443	2,064
Beginning balance at Dec. 26, 2020	1,106,360	565	1,055,172	31,975	16,528	2,120
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	48,321
Other comprehensive income (loss)	(28,515)
Ending balance at Sep. 25, 2021	1,675,497	1,674	1,604,342	80,364	(12,047)	1,164
Beginning balance at Dec. 26, 2020	1,106,360	565	1,055,172	31,975	16,528	2,120
Ending balance at Dec. 25, 2021	1,645,242	1,674	1,605,890	41,607	(5,028)	1,099
Beginning balance at Mar. 27, 2021	1,625,309	1,674	1,602,092	12,036	7,443	2,064
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	35,167			35,204		(37)
Other comprehensive income (loss)	11,412				11,412
Equity-based compensation expense	1,028		1,028
Other	(26)		(25)		(1)
At Pac divestiture	(948)					(948)
Ending balance at Jun. 26, 2021	1,671,942	1,674	1,603,095	47,240	18,854	1,079
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	33,086			33,124		(38)
Other comprehensive income (loss)	(30,842)				(30,902)	60
Equity-based compensation expense	933		933
Exercise of stock options	314		314
Other	64		0		1	63
Ending balance at Sep. 25, 2021	1,675,497	1,674	1,604,342	80,364	(12,047)	1,164
Beginning balance at Dec. 25, 2021	1,645,242	1,674	1,605,890	41,607	(5,028)	1,099
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	34,428			34,443		(15)
Other comprehensive income (loss)	(5,442)				(5,455)	13
Equity-based compensation expense	2,618		2,618
Stock issued related to Employee Stock Purchase Plan	2,092	1	2,091
Tax withholding on stock option exercises	(14)		(14)
Divestiture of Denmark car wash operations	(432)					(432)
Ending balance at Mar. 26, 2022	1,678,492	1,675	1,610,585	76,050	(10,483)	665
Beginning balance at Dec. 25, 2021	1,645,242	1,674	1,605,890	41,607	(5,028)	1,099
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	15,775
Other comprehensive income (loss)	(110,226)
Ending balance at Sep. 24, 2022	1,564,952	1,677	1,620,480	57,397	(115,233)	631
Beginning balance at Mar. 26, 2022	1,678,492	1,675	1,610,585	76,050	(10,483)	665
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(57,044)			(57,044)
Other comprehensive income (loss)	(42,332)				(42,313)	(19)
Equity-based compensation expense	4,233		4,233
Exercise of stock options	111	2	109
Ending balance at Jun. 25, 2022	1,583,460	1,677	1,614,927	19,006	(52,796)	646
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	38,391			38,391
Other comprehensive income (loss)	(62,452)				(62,437)	(15)
Equity-based compensation expense	5,308		5,308
Exercise of stock options	245	0	245
Ending balance at Sep. 24, 2022	$ 1,564,952	$ 1,677	$ 1,620,480	$ 57,397	$ (115,233)	$ 631

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 24, 2022	Mar. 26, 2022	Sep. 25, 2021	Mar. 27, 2021	Sep. 24, 2022	Sep. 25, 2021	Dec. 25, 2021
Statement of Cash Flows [Abstract]
Net income (loss)	$ 38,391	$ 34,428	$ 33,086	$ (19,932)	$ 15,775	$ 48,321
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	36,518		28,447		107,628	78,722
Trade name impairment	0		0		125,450	0
Non-cash lease cost					65,075	56,563
Loss on foreign denominated transactions					30,490	9,301
Gain on foreign currency derivatives					0	(2,945)
Bad debt expense					1,011	2,535
Asset impairment costs					2,910	3,161
Amortization of deferred financing costs and bond discounts					6,807	5,139
Benefit (provision) for deferred income taxes					(38,216)	15,898
Loss on extinguishment of debt	0		0		0	45,576
Other, net					312	4,257
Changes in assets and liabilities, net of acquisitions:
Accounts and notes receivable, net					(44,063)	(28,787)
Inventory					(17,898)	(3,279)
Prepaid and other assets					850	(18,414)
Advertising fund assets and liabilities, restricted					(4,612)	5,818
Deferred commissions					917	(1,205)
Deferred revenue					2,222	3,983
Accounts payable					(12,321)	(3,903)
Accrued expenses and other liabilities					(59,844)	25,595
Income tax receivable					37,931	(320)
Operating lease liabilities					(52,772)	(47,821)
Cash provided by operating activities					167,652	198,195
Cash flows from investing activities:
Capital expenditures					(276,222)	(93,627)
Cash used in business acquisitions, net of cash acquired					(652,085)	(442,488)
Proceeds from sale-leaseback transactions					150,112	66,391
Proceeds from sale of company-operated stores					0	1,532
Proceeds from disposition of car wash operations					1,551	0
Proceeds from disposal of property and equipment					4,876	5,471
Cash used in investing activities					(771,768)	(462,721)
Cash flows from financing activities:
Payment of debt extinguishment and issuance costs					0	(2,153)
Repayment of long-term debt					(15,772)	(716,542)
Proceeds from revolving lines of credit and short-term debt					300,000	441,800
Repayments of revolving lines of credit and short-term debt					0	(212,800)
Repayment of principal portion of finance lease liability					(2,229)	(1,760)
Proceeds from initial public offering, net of underwriting discounts					0	661,500
Net proceeds from underwriters' exercise of over-allotment option					0	99,225
Repurchases of common stock					0	(43,040)
Payment for termination of interest rate swaps					0	(21,826)
Stock option exercises					651	339
Other, net					(70)	102
Cash provided by financing activities					282,580	204,845
Effect of exchange rate changes on cash					(7,705)	(2,285)
Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted					(329,241)	(61,966)
Cash and cash equivalents, beginning of period		523,414		172,611	523,414	172,611	$ 172,611
Cash included in advertising fund assets, restricted, beginning of period		38,586		19,369	38,586	19,369	19,369
Restricted cash, beginning of period		792		15,827	792	15,827	15,827
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period		$ 562,792		$ 207,807	562,792	207,807	207,807
Cash and cash equivalents, end of period	190,373		115,365		190,373	115,365	523,414
Cash included in advertising fund assets, restricted, end of period	42,386		30,341		42,386	30,341	38,586
Restricted cash, end of period	792		135		792	135	792
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period	$ 233,551		$ 145,841		233,551	145,841	$ 562,792
Supplemental cash flow disclosures - non-cash items:
Accrued capital expenditures, end of period					8,539	6,123
Supplemental cash flow disclosures - cash paid for:
Interest					78,572	53,842
Income taxes					$ 9,184	$ 10,593

Description of Business

Description of Business	9 Months Ended
Description of Business	Sep. 24, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Description of Business Driven Brands Holdings Inc. together with its subsidiaries (collectively, the “Company”) is a Delaware corporation and is the parent holding company of Driven Brands, Inc. and Shine Holdco (UK) Limited (collectively, “Driven Brands”). Driven Brands is the largest automotive services company in North America with a growing and highly-franchised base of more than 4,700 franchised, independently-operated, and company-operated locations across 49 U.S. states and 14 other countries. The Company has a portfolio of highly recognized brands, including Take 5 Oil Change®, Take 5 Car Wash® , Meineke Car Care Centers®, MAACO®, CARSTAR®, Auto Glass Now®, and 1-800-Radiator & A/C® that compete in the automotive services industry. Approximately 76% of the Company’s locations are franchised or independently-operated. Initial Public Offering and Secondary Offerings On January 14, 2021, the Company completed an initial public offering (the “IPO”) of approximately 32 million shares of common stock at $22 per share. On February 10, 2021, the Company’s underwriters exercised their over-allotment option to purchase approximately 5 million additional shares of common stock. The Company received total proceeds of $761 million from these transactions, net of the underwriting discounts and commissions. The Company used the proceeds from the IPO, along with cash on hand, to fully repay the term loans and revolving credit facility assumed as part of the acquisition of International Car Wash Group (“ICWG”) in 2020 (collectively, the “Car Wash Senior Credit Facilities”), which totaled $725 million with interest and fees. The Company recognized a $46 million loss on debt extinguishment for nine months ended September 25, 2021 related to this settlement, primarily related to the write-off of the unamortized discount. The Company cancelled the interest rate and cross currency swaps associated with these debt agreements as part of the settlement. The Company also used $43 million in proceeds to purchase approximately 2 million shares of common stock from certain of our existing shareholders. On August 2, 2021, the Company filed a Registration Statement on Form S-1 for a secondary offering of approximately 12 million shares of common stock at $29.50 per share by certain of the Company’s stockholders, Driven Equity LLC and RC IV Cayman ICW Holdings LLC, each of which is a related party of Roark Capital Management, LLC. The Company did not sell any common stock in the offering and did not receive any proceeds from the offering. On September 8, 2021, the underwriters for the secondary offering exercised a portion of their over-allotment option and purchased 881,393 additional shares of common stock. The Company did not receive any proceeds from the exercise of the over-allotment option. On September 12, 2022, the Company filed a Registration Statement on Form 424B7 for an underwritten secondary offering of 7 million shares of common stock at $32.19 per share by certain of the Company’s stockholders, Driven Equity LLC and RC IV Cayman ICW Holdings LLC, each of which is a related party of Roark Capital Management, LLC. The Company did not sell any common stock in the offering and did not receive any proceeds from the offering. Income Tax Receivable Agreement The Company expects to be able to utilize certain tax benefits which are related to periods prior to the effective date of the Company’s IPO and are attributed to current and former shareholders. The Company previously entered into an income tax receivable agreement which provides our pre-IPO shareholders with the right to receive payment of 85% of the amount of cash savings, if any, in U.S. and Canadian federal, state, local and provincial income tax that the Company will actually realize. The income tax receivable agreement is effective as of the date of the Company’s IPO. The Company has recorded a total liability of $156 million as of September 24, 2022 and December 25, 2021, of which $24 million and $132 million are recorded under current and non-current liabilities, respectively. Stock Split On January 14, 2021, the Company’s shareholders approved an amendment to the Company’s certificate of incorporation (the "Amendment") to effect an implied 88,990-for-one stock split of shares of the Company’s outstanding

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Sep. 24, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Fiscal Year The Company operates and reports financial information on a 52- or 53-week year with the fiscal year ending on the last Saturday in December and fiscal quarters ending on the 13th Saturday of each quarter (or 14th Saturday when applicable with respect to the fourth fiscal quarter). The three and nine months ended September 24, 2022 and September 25, 2021, each consist of 13 weeks and 39 weeks, respectively. The Car Wash segment is currently consolidated based on a calendar month end. Basis of Presentation The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission. In the opinion of management, the unaudited interim financial data includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results of operations, balance sheet, cash flows and shareholders’ equity for the interim periods presented. The adjustments include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 25, 2021. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. The results of operations for the three and nine months ended September 24, 2022 may not be indicative of the results to be expected for any other interim period or the year ending December 31, 2022. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the related notes to the consolidated financial statements. Estimates are based upon historical factors, current circumstances and the experience and judgment of the Company’s management. Management evaluates its estimates and assumptions on an ongoing basis and may employ outside experts to assist in its evaluations. Changes in such estimates, based on more accurate future information, or different assumptions or conditions, may affect amounts reported in future periods. Deferred IPO costs Costs incurred that are directly related to the IPO, such as legal and accounting fees, registration fees, printing expenses, and other similar fees and expenses, totaling $9 million were capitalized and included within prepaid and other assets as of December 26, 2020. Upon completion of the IPO, the Company reclassified these costs, as well as an additional $6 million of IPO costs incurred during the nine months ended September 25, 2021 to Additional paid-in capital within the statement of Shareholders’/members’ equity. Fair Value of Financial Instruments Financial assets and liabilities are categorized, based on the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to the quoted prices in active markets for identical assets and liabilities and the lowest priority to unobservable inputs. Observable market data, when available, is required to be used in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. The Company classifies and discloses assets and liabilities carried at fair value in one of the following three categories: • Level 1: Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date; • Level 2: Inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; or • Level 3: Inputs are unobservable inputs for the asset or liability. Unobservable inputs are used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at the measurement date. Financial assets and liabilities measured at fair value on a recurring basis as of September 24, 2022 and December 25, 2021 are summarized as follows: Items Measured at Fair Value at September 24, 2022 (in thousands) Level 1 Level 2 Total Mutual fund investments held in rabbi trust $ 711 $ — $ 711 Interest rate derivative assets designated as hedging instruments $ — $ 11,540 $ 11,540 Foreign currency derivative assets designated as hedging instruments $ — $ 2,282 $ 2,282 Foreign currency derivative liabilities designated as hedging instruments $ — $ 161 $ 161 Foreign currency derivative liabilities not designated as hedging instruments $ — $ 2,622 $ 2,622 Items Measured at Fair Value at December 25, 2021 (in thousands) Level 1 Level 2 Total Mutual fund investments held in rabbi trust $ 976 $ — $ 976 Foreign currency derivative liabilities designated as hedging instruments $ — $ 536 $ 536 The fair value of the Company’s foreign currency derivative instruments are derived from valuation models, which use Level 2 observable inputs such as quoted market prices, interest rates and forward yield curves. Derivative assets are included in Prepaid and other assets or Notes receivable, net in the consolidated balance sheet depending on the remaining period to maturity. Derivative liabilities not designated as a hedging instrument are included in Accrued expenses and other liabilities in the consolidated balance Sheet. Derivative liabilities designated as a hedging instrument are included in long-term accrued expenses and other liabilities in the consolidated balance sheet. The carrying values of cash, restricted cash, and receivables included in the consolidated balance sheet approximate their fair value. The fair value of long-term debt is estimated based on Level 2 inputs using discounted cash flows and market-based expectations for interest rates, credit risk and contractual terms of the debt agreements. The carrying value and estimated fair value of total long-term debt were as follows: September 24, 2022 December 25, 2021 (in thousands) Carrying value Estimated fair value Carrying value Estimated fair value Long-term debt $ 2,680,356 $ 2,494,221 $ 2,382,364 $ 2,411,987 Accumulated Other Comprehensive Income (Loss) The following tables present changes in each component of accumulated other comprehensive income (loss), net of tax: Three months ended September 24, 2022 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance as of June 25, 2022 $ (51,865) $ (851) $ (80) $ (52,796) Net change (71,048) 8,606 5 (62,437) Balance as of September 24, 2022 $ (122,913) $ 7,755 $ (75) $ (115,233) Three months ended September 25, 2021 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance at June 26, 2021 $ 19,002 $ (57) $ (91) $ 18,854 Net change (30,903) (1) 3 (30,901) Balance as of September 25, 2021 $ (11,901) $ (58) $ (88) $ (12,047) Nine months ended September 24, 2022 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance as of December 25, 2021 $ (4,183) $ (758) $ (87) $ (5,028) Net change (118,730) 8,513 12 (110,205) Balance as of September 24, 2022 $ (122,913) $ 7,755 $ (75) $ (115,233) Nine months ended September 25, 2021 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance as of December 26, 2020 $ 16,834 $ (87) $ (219) $ 16,528 Net change (28,735) 29 131 (28,575) Balance as of September 25, 2021 $ (11,901) $ (58) $ (88) $ (12,047) Recently Issued Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

Acquisitions and Dispositions

Acquisitions and Dispositions	9 Months Ended
Acquisitions and Dispositions	Sep. 24, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Dispositions	Acquisitions and Dispositions The Company strategically acquires companies and assets in order to increase its footprint and offer products and services that diversify its existing offerings. These acquisitions are accounted for as either business combinations or asset acquisitions, whereby the purchase price is allocated to the assets acquired and liabilities assumed, based on their fair values as of the date of the acquisition. 2022 Acquisitions The Company completed 18 acquisitions in the Car Wash segment during the nine months ended September 24, 2022, representing 26 sites, which were deemed to be business combinations. The aggregate cash consideration for these acquisitions, net of cash acquired and liabilities assumed, was approximately $266.8 million. On June 14, 2022, the Car Wash segment acquired Jimmy Clean Car Wash, which was comprised of 3 sites for a total consideration of $31.9 million. On July 6, 2022, the Car Wash segment acquired Speedy Shine Express Car Wash, which was comprised of 2 sites for a total consideration of $33.5 million The Company completed 5 acquisitions in the Maintenance segment during the nine months ended September 24, 2022, representing 10 sites, which were deemed to be business combinations. The aggregate cash consideration for these acquisitions, net of cash acquired and liabilities assumed, was $20.5 million. In addition, the Company completed 7 acquisitions in the Paint, Collision & Glass segment during the nine months ended September 24, 2022 representing 156 sites, which were deemed to be business combinations. On December 30, 2021 the Company acquired Auto Glass Now (“AGN”). AGN had 79 sites at the time of the Company’s acquisition, and is included within the Company’s Paint, Collision & Glass segment. The aggregate cash consideration for this acquisition, net of cash acquired and liabilities assumed, was $170.6 million. On April 28, 2022, the Company acquired All Star Glass (“ASG”), which was comprised of 30 sites for a total consideration of $43.7 million. On July 6, 2022, the Company acquired K&K Glass, which was comprised of 8 sites for a total consideration of $39.9 million. On July 27, 2022, the Company acquired Jack Morris Auto Glass, which was comprised of 9 sites for a total consideration of $54.9 million. On September 8, 2022, the Company acquired Auto Glass Fitters Inc.(“AGF”), which was comprised of 24 sites for a total consideration of $70.8 million. The Company will amortize the acquired lease right of use assets, customer list intangibles, and definite lived trade name over their estimated remaining lives of 3 to 34 years, 13 years, and one year, respectively. The Company estimated the fair value of acquired assets and liabilities as of the date of acquisition based on information currently available. As the Company finalizes the fair value of assets acquired and liabilities assumed, additional purchase price adjustments may be recorded during the measurement period. The provisional amounts for assets acquired and liabilities assumed for the 2022 acquisitions are as follows: Paint, Collision & Glass Segment (in thousands) Auto Glass Fitters Inc. Jack Morris Auto Glass K&K Glass All Star Glass Auto Glass Now All Other Paint, Collision & Glass Total PC&G Assets: Cash — 3 — 7,553 7 2 7,564 ROU Asset — — — — 690 — 690 Operating lease ROU Asset — — — 734 10,003 — 10,738 Prepaid rent — — — — 327 30 357 Land — — — — 23 — 23 Equipment — 1,200 1,500 537 428 902 4,567 Vehicles 417 — — — 453 — 870 Furniture and Fixtures — — — — 40 — 40 Inventory — 1,067 500 546 — 27 2,140 Accounts and Notes receivable — 1,069 — 2,436 — — 3,505 Prepaid expenses — — — 250 — — 250 Other Assets 974 — 56 5 — — 1,035 Leasehold improvements — — — — — — — Intangible asset - trade name 800 400 400 600 36,800 — 39,000 Intangible - customer relationships 19,800 15,700 16,200 8,100 12,200 — 72,000 Deferred tax assets — — — — — 71 71 Assets acquired 21,991 19,439 18,656 20,761 60,971 1,032 142,850 Liabilities: Prepaid liability 174 294 111 — — — 579 Trade Payable — — — 1,911 — — 1,911 Accrued Expenses and other long-term liabilities — — — 303 — — 303 Taxes Payable — — — 272 — — 272 Long Term Debt- Current — — — 46 — — 46 Long Term Debt — — — 59 — — 59 Lease liability — — — 733 — — 733 Operating lease liability - Current — — — — 3,017 — 3,017 Operating lease liability - Non-current — — — — 6,987 — 6,987 Total liabilities assumed 174 294 111 3,324 10,004 — 13,907 Net assets acquired 21,817 19,145 18,545 17,437 50,967 1,032 128,943 Total consideration 70,826 54,853 39,945 43,740 170,636 9,382 389,382 Goodwill 49,009 35,708 21,400 26,303 119,669 8,350 260,439 Car Wash Segment (in thousands) Speedy Shine Express Car Wash Jimmy Clean Car Wash All Other Car Wash Total Car Wash Assets: Cash 4 6 49 59 Land 1,560 1,900 16,600 20,060 Land improvements — — — — Building 12,060 9,290 104,630 125,980 Car wash equipment 2,580 2,210 17,808 22,598 Deferred tax assets 12 2,116 740 2,868 Assets acquired 16,216 15,522 139,827 171,565 Liabilities: Prepaid Liability 8 110 423 541 Total liabilities assumed 8 110 423 541 Net assets acquired 16,208 15,412 139,404 171,024 Total consideration 33,496 31,896 201,401 266,793 Goodwill 17,288 16,484 61,997 95,769 Maintenance Segment (in thousands) Maintenance Assets: Cash $ 1 Prepaid rent $ — Land $ 510 Land improvements $ — Building $ 3,845 Car wash equipment $ 485 Inventory $ 226 Prepaid expenses $ 71 Deferred tax assets $ 55 Assets acquired $ 5,193 Liabilities: Total liabilities assumed $ 168 Net assets acquired $ 5,025 Total consideration $ 20,517 Goodwill $ 15,492 Goodwill represents the excess of the consideration paid over the fair value of net assets acquired and includes the expected benefit of synergies within the existing segments and intangible assets that do not qualify for separate recognition. Goodwill, which was allocated to the Car Wash, Maintenance and Paint, Collision & Glass segments, is substantially all deductible for income tax purposes. The following tables present financial information regarding the Car Wash and Glass acquisitions included in our consolidated statements of operations from the date of acquisition through September 24, 2022 under the column “Actual from acquisition date.” The following tables also present supplemental unaudited pro-forma information as if the acquisitions had occurred at the beginning of 2021. The pro-forma information does not necessarily reflect the results of operations that would have occurred had the acquisitions occurred at the beginning of 2021. Cost savings are also not reflected in the unaudited pro-forma amounts for the three and nine months ended September 24, 2022 and September 25, 2021. Three months ended September 24, 2022 Three months ended September 24, 2022 Three months ended September 25, 2021 Actual from acquisition date (in thousands) Car Wash Acquisitions Glass Acquisitions Car Wash & Glass Acquisitions Driven Brands Holdings Consolidated Driven Brands Holdings Consolidated Revenue $ 7,357 $ 47,948 $ 55,305 $ 532,299 $ 442,287 Net income attributable to Driven Brands Holdings Inc. $ 1,889 $ 7,703 $ 9,592 $ 39,398 $ 46,080 Nine months ended September 24, 2022 Nine months ended September 24, 2022 Nine months ended September 25, 2021 Actual from acquisition date (in thousands) Car Wash Acquisitions Glass Acquisitions Car Wash & Glass Acquisitions Driven Brands Holdings Consolidated Driven Brands Holdings Consolidated Revenue $ 11,629 $ 97,941 $ 109,570 $ 1,599,438 $ 1,280,691 Net income attributable to Driven Brands Holdings Inc. $ 2,883 $ 13,780 $ 16,663 $ 34,793 $ 88,930 Deferred Consideration and Transaction Costs Included in the total consideration amounts above for the Car Wash, Maintenance, and Paint, Collision & Glass acquisitions in 2022 was $20 million of consideration not paid on the closing date. The Company has $28 million of deferred consideration related to 2022 and 2021 acquisitions at September 24, 2022. The Company had $23 million of deferred consideration related to 2021 acquisitions at December 25, 2021. The Company paid $15 million of deferred consideration related to 2022 and 2021 acquisitions during the nine months ended September 24, 2022. Deferred consideration is typically paid six months to one-year after the acquisition closing date once all conditions related to representations, warranties and indemnification under the purchase agreement have been satisfied. The Company incurred approximately $4 million of direct transaction costs during the nine months ended September 24, 2022 related to 2022 acquisitions. 2022 Disposition On March 16, 2022, the Company disposed of its 75% owned subsidiary, IMO Denmark ApS, for consideration of $2 million. As a result of the sale, a $1 million loss was recognized within selling, general, and administrative expenses during the nine months ended September 24, 2022. Also, a noncontrolling interest of less than $1 million was derecognized. 2021 Acquisitions 2021 Car Wash Segment The Company completed 38 acquisitions in the Car Wash segment, representing 110 car wash sites, (the “2021 Car Wash Acquisitions”), which were deemed to be business combinations, during the year ended December 25, 2021. The aggregate cash consideration for these acquisitions, net of cash acquired and liabilities assumed, was $732 million. On October 27, 2021, the Car Wash segment acquired Magic Tunnel Car Wash, which was comprised of 16 sites for total consideration of $88 million. On July 14, 2021, the Car Wash segment acquired Frank’s Car Wash, which was comprised of 18 sites for total consideration of $107 million. On May 20, 2021, the Car Wash segment acquired Racer Classic Car Wash, which was comprised of 10 sites for total consideration of $65 million. The Company estimated the fair value of acquired assets and liabilities as of the date of acquisition based on information currently available. As the Company finalizes the fair value of assets acquired and liabilities assumed, additional purchase price adjustments may be recorded during the measurement period. The amounts for assets acquired and liabilities assumed for the 2021 Car Wash Acquisitions (which are provisional unless otherwise noted with an ) are as follows: (in thousands) Magic Tunnel Car Wash Franks Car Wash Express Racer Classic Car Wash* All Other Total Car Wash Assets: Cash $ 26 $ 38 $ 18 $ 165 $ 247 Right of use assets — — 2,587 12,277 14,864 Land and improvements 13,020 10,790 6,920 45,455 76,185 Building 48,380 48,570 31,490 270,155 398,595 Equipment 13,800 7,377 5,698 59,578 86,453 Inventory — — 311 — 311 Intangibles, net 700 800 550 — 2,050 Deferred tax assets — 94 — 1,596 1,690 Assets held for sale — — — 996 996 Assets acquired 75,926 67,669 47,574 390,222 581,391 Liabilities: Accrued liability — 50 155 304 509 Lease liability — — 2,687 12,277 14,964 Deferred tax liabilities — — 758 — 758 Liabilities assumed — 50 3,600 12,581 16,231 Net assets acquired 75,926 67,619 43,974 377,641 565,160 Total consideration 88,026 106,558 64,843 472,721 732,148 Goodwill $ 12,100 $ 38,939 $ 20,869 $ 95,080 $ 166,988 Goodwill which was allocated to the Car Wash segment is substantially all deductible for income tax purposes. The following table presents financial information regarding the 2021 Car Wash Acquisitions operations included in our consolidated statements of operations from the date of acquisition through December 25, 2021 under the column “Actual from acquisition date in 2021.” The following table presents supplemental unaudited pro-forma information as if the 2021 Car Wash Acquisitions had occurred at the beginning of 2020. The pro-forma information does not necessarily reflect the results of operations that would have occurred had the 2021 Car Wash Acquisitions occurred at the beginning of 2020. Cost savings are also not reflected in the unaudited pro-forma amounts for the year ended December 25, 2021 and December 26, 2020, respectively. Actual from Pro-forma for year ended (in thousands) December 25, 2021 December 26, 2020 Revenue $ 48,648 $ 1,613,479 $ 1,026,012 Net income attributable to Driven Brands Holdings Inc. $ 11,693 $ 47,272 $ 20,558 2021 Maintenance Segment During the year ended December 25, 2021, the Company also completed 8 acquisitions in the Maintenance segment representing 13 maintenance sites, each individually immaterial (the “2021 Maintenance Acquisitions”), which were deemed to be business combinations. The aggregate cash consideration for these acquisitions, net of cash acquired and liabilities assumed, was $37 million. The Company estimated the fair value of acquired assets and liabilities as of the date of acquisition based on information currently available. As the Company finalizes the fair value of assets acquired and liabilities assumed, additional purchase price adjustments may be recorded during the measurement period. The finalized amounts for assets acquired and liabilities assumed for the 2021 Maintenance Acquisitions are as follows: (in thousands) Assets: Cash $ 2 Land and improvements 4,425 Building 13,220 Equipment 1,450 Inventory 200 Deferred tax assets 90 Asset held for sale 3,275 22,662 Liabilities: Prepaid liability 52 Liabilities assumed 52 Net assets acquired 22,610 Total consideration 37,271 Goodwill $ 14,661 2021 Paint, Collision & Glass Segment During the year ended December 25, 2021, the Company completed two acquisitions in its Paint, Collision & Glass segment (the “2021 PC&G Acquisitions”) representing 12 collision sites, each individually immaterial, which were deemed to be business combinations. The aggregate cash consideration for these acquisitions, net of cash acquired and liabilities assumed, was $33 million. The Company estimated the fair value of acquired assets and liabilities as of the date of acquisition based on information currently available. As the Company finalizes the fair value of assets acquired and liabilities assumed, additional purchase price adjustments may be recorded during the measurement period. The finalized amounts for assets acquired and liabilities assumed for the 2021 PC&G Acquisitions are as follows: (in thousands) Assets: Right of use asset $ 7,672 Equipment 1,512 Inventory 107 Intangibles, net 6,707 Assets acquired 15,998 Liabilities: Accrued liability 5 Lease liability 7,664 Off-market lease component 99 Liabilities assumed 7,768 Net assets acquired 8,230 Total consideration 32,972 Goodwill $ 24,742 In addition, during the twelve months ended December 25, 2021, the Company completed 11 acquisitions composed of one site each, each individually immaterial, each of which were deemed to be asset acquisitions as the fair value of assets acquired is substantially all land and buildings. Two of these acquisitions were included in the Car Wash segment and nine were included in the Maintenance segment. The aggregate consideration paid for the Car Wash acquisitions and Maintenance assets acquisitions was $9 million and $7 million, respectively. Deferred Consideration and Transaction Costs Included in the total consideration amounts above for the Car Wash and Maintenance acquisitions in 2021 was $24 million of consideration not paid on the closing date. The Company had $23 million of deferred consideration related to 2021 and 2020 acquisitions at December 25, 2021. The Company had $5 million of deferred consideration related to 2020 acquisitions at December 26, 2020. The Company paid $6 million of deferred consideration related to 2021 and 2020 and prior acquisitions during the year ended December 25, 2021. Deferred consideration is typically paid six months to one-year after the acquisition closing date once all conditions under the purchase agreement have been satisfied. The Company incurred approximately $3 million of transaction costs during the year ended December 25, 2021 related to 2021 acquisitions. 2021 Disposition On April 27, 2021, the Company disposed of its 70% owned subsidiary, At-Pac Auto Parts Inc., for consideration of $2 million. As a result of the sale, a loss of less than $1 million was recognized within selling, general, and administrative expenses during the year ended December 25, 2021. Also, a noncontrolling interest of $1 million was derecognized.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
Revenue from Contracts with Customers	Sep. 24, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company records contract assets for the incremental costs of obtaining a contract with a customer if it expects the benefit of those costs to be longer than one year and if such costs are material. Commission expenses, a primary cost associated with the sale of franchise licenses, are amortized to selling, general and administrative expenses in the consolidated statements of operations ratably over the life of the associated franchise agreement. Capitalized costs to obtain a contract as of September 24, 2022 and December 25, 2021 were $10 million and $11 million respectively, and are presented within deferred commissions on the consolidated balance sheets. The Company recognized an immaterial amount of costs during the three and nine months ended September 24, 2022 and September 25, 2021 that were recorded as a contract asset at the beginning of the periods.

Segment Information

Segment Information	9 Months Ended
Segment Information	Sep. 24, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s worldwide operations are comprised of the following reportable segments: Maintenance; Car Wash; Paint, Collision & Glass; and Platform Services. In addition to the reportable segments, the Company’s consolidated financial results include “Corporate and Other” activity. Corporate and Other incurs costs related to advertising fund revenu es and expenses and shared service costs, which are related to finance, information technology, human resources, legal, supply chain and other support services. Corporate and Other activity includes the adjustments necessary to eliminate intercompany transactions, namely sales by the Platform Services segment to the Paint, Collision & Glass and Maintenance segments. Segment results for the three and nine months ended September 24, 2022 and September 25, 2021 are as follows: Three months ended September 24, 2022 (in thousands) Maintenance Car Wash Paint, Platform Corporate Total Franchise royalties and fees $ 11,625 $ — $ 24,055 $ 9,882 $ — $ 45,562 Company-operated store sales 172,162 98,235 69,413 1,431 (30) 341,211 Independently-operated store sales — 40,469 — — — 40,469 Advertising fund contributions — — — — 22,018 22,018 Supply and other revenue 17,035 1,599 19,782 40,686 (11,768) 67,334 Total revenue $ 200,822 $ 140,303 $ 113,250 $ 51,999 $ 10,220 $ 516,594 Segment Adjusted EBITDA $ 68,763 $ 39,098 $ 38,919 $ 19,765 $ (36,437) $ 130,108 Three months ended September 25, 2021 (in thousands) Maintenance Car Wash Paint, Platform Corporate Total Franchise royalties and fees $ 9,635 $ — $ 20,280 $ 9,038 $ — $ 38,953 Company-operated store sales 125,561 74,105 12,723 1,465 (99) 213,755 Independently-operated store sales — 47,941 — — — 47,941 Advertising fund contributions — — — — 19,762 19,762 Supply and other revenue 9,261 1,516 17,572 31,558 (9,170) 50,737 Total revenue $ 144,457 $ 123,562 $ 50,575 $ 42,061 $ 10,493 $ 371,148 Segment Adjusted EBITDA $ 47,894 $ 37,999 $ 22,039 $ 16,254 $ (25,558) $ 98,628 Nine months ended September 24, 2022 (in thousands) Maintenance Car Wash Paint, Platform Services Corporate Total Franchise royalties and fees $ 32,586 $ — $ 69,025 $ 26,689 $ — $ 128,300 Company-operated store sales 497,638 294,526 161,531 3,975 (183) 957,487 Independently-operated store sales — 158,500 — — — 158,500 Advertising fund contributions — — — — 63,807 63,807 Supply and other revenue 43,645 5,131 57,577 117,704 (38,610) 185,447 Total revenue $ 573,869 $ 458,157 $ 288,133 $ 148,368 $ 25,014 $ 1,493,541 Segment Adjusted EBITDA $ 185,324 $ 148,495 $ 100,847 $ 54,471 $ (103,922) $ 385,215 Nine months ended September 25, 2021 (in thousands) Maintenance Car Wash Paint, Platform Corporate Total Franchise royalties and fees $ 26,651 $ — $ 57,578 $ 23,011 $ — $ 107,240 Company-operated store sales 365,735 196,858 37,672 3,911 (368) 603,808 Independently-operated store sales — 160,483 — — — 160,483 Advertising fund contributions — — — — 56,665 56,665 Supply and other revenue 25,231 4,800 49,791 94,576 (27,199) 147,199 Total revenue $ 417,617 $ 362,141 $ 145,041 $ 121,498 $ 29,098 $ 1,075,395 Segment Adjusted EBITDA $ 132,895 $ 115,223 $ 61,534 $ 44,864 $ (76,422) $ 278,094 The reconciliations of Income (loss) before taxes to Segment Adjusted EBITDA for the three and nine months ended September 24, 2022 and September 25, 2021 are as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Income (loss) before taxes $ 52,863 $ 44,966 $ 24,367 $ 72,766 Depreciation and amortization 36,518 28,447 107,628 78,722 Interest expense, net 27,323 17,688 78,946 52,390 Acquisition related costs (a) 2,325 636 9,981 2,674 Non-core items and project costs, net (b) 851 1,357 3,436 3,910 Store opening costs 753 666 1,925 1,360 Straight-line rent adjustment (c) 3,220 2,548 11,530 8,391 Equity-based compensation expense (d) 5,308 933 12,159 2,944 Foreign currency transaction (gain) / loss, net (e) 15,582 1,074 30,490 6,356 Bad debt expense (449) — (449) — Trade name impairment (f) — — 125,450 — Asset sale leaseback (gain) loss, impairment and closed store expenses (g) (14,186) 313 (20,248) 3,005 Loss on debt extinguishment (h) — — — 45,576 Segment Adjusted EBITDA $ 130,108 $ 98,628 $ 385,215 $ 278,094 (a) Consists of acquisition costs as reflected within the consolidated statements of operations, including legal, consulting and other fees and expenses incurred in connection with acquisitions completed during the applicable period, as well as inventory rationalization expenses incurred in connection with acquisitions. We expect to incur similar costs in connection with other acquisitions in the future and, under GAAP, such costs relating to acquisitions are expensed as incurred and not capitalized. (b) Consists of discrete items and project costs, including (i) third party consulting and professional fees associated with strategic transformation initiatives and (ii) other miscellaneous expenses, including non-capitalizable expenses relating to the Company’s initial public offering and other strategic transactions. (c) Consists of the non-cash portion of rent expense, which reflects the extent to which our straight-line rent expense recognized under GAAP exceeds or is less than our cash rent payments. (d) Represents non-cash equity-based compensation expense. (e) Represents foreign currency transaction net gains and losses primarily related to the remeasurement of our intercompany loans which are partially offset by unrealized gains and losses on remeasurement of cross currency swaps and forward contracts. (f) Relates to an impairment of certain Car Wash trade names for which the Company elected to discontinue their use. (g) Relates to (gain) loss on sale leasebacks, impairment of certain fixed assets and operating lease right-of-use assets related to closed locations. Also, represents lease exit costs and other costs associated with stores that were closed prior to the respective lease termination dates.

Other Intangible Assets

Other Intangible Assets	9 Months Ended
Other Intangible Assets	Sep. 24, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets	Other Intangible AssetsThe Company acquired a number of car wash businesses over the past two years. As part of those acquisitions, the Company determined a fair value for each of the associated intangible assets including trade names and customer relationships. During the quarter ended June 25 2022, the Company made the strategic decision to rebrand the majority of its U.S. car wash locations to operate under the name “Take 5 Car Wash”, and therefore will be discontinuing the use of certain car wash trade names that were previously determined to have indefinite lives. Using a projected discounted cash flow analysis based on the relief from royalty method, the fair value of the trade names was determined to be $6 million while their carrying value was $131.5 million. As a result, the Company recognized a $125.5 million impairment charge, which is reported as trade name impairment charge in the consolidated statement of operations. The transition will take approximately two and a half years to complete, and therefore the remaining carrying value will be amortized over 30 months.

Long-Term Debt

Long-Term Debt	9 Months Ended
Long-Term Debt	Sep. 24, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt The Company’s long-term debt obligations consist of the following: (in thousands) September 24, 2022 December 25, 2021 Series 2018-1 Securitization Senior Notes, Class A-2 $ 262,625 $ 264,688 Series 2019-1 Securitization Senior Notes, Class A-2 288,750 291,000 Series 2019-2 Securitization Senior Notes, Class A-2 266,750 268,813 Series 2019-3 Variable Funding Securitization Senior Notes, Class A-1 — — Series 2020-1 Securitization Senior Notes, Class A-2 171,063 172,375 Series 2020-2 Securitization Senior Notes, Class A-2 442,125 445,500 Series 2021-1 Securitization Senior Notes, Class A-2 445,500 448,875 Term Loan Facility 498,750 500,000 Revolving Credit Facility 300,000 — Other debt (a) 45,690 39,082 Total debt 2,721,253 2,430,333 Less: unamortized debt issuance costs (40,897) (47,969) Less: current portion of long-term debt (23,836) (26,044) Total long-term debt, net $ 2,656,520 $ 2,356,320 (a) Consists primarily of finance lease obligations. See Note 8 . Series 2019-3 Variable Funding Securitization Senior Notes In December 2019, the Company issued Series 2019-3 Variable Funding Senior Notes, Class A-1 (the “2019 VFN”) in the revolving amount of $115 million. The 2019 VFN have a final legal maturity date of January 20, 2050. The commitment under the 2019 VFN has an expiration date of July 20, 2023, and subject to two one year extensions at the election of the Company. The 2019 VFN is secured by substantially all assets of Driven Brands Funding LLC (the “Issuer”) and are guaranteed by the Securitization Entities. The Issuer may elect interest at the Base Rate plus an applicable margin or LIBOR plus an applicable margin (the LIBOR rate as the applicable interest rate). No amounts were outstanding under the 2019 VFN as of September 24, 2022 and no borrowings or repayments were made during the quarter or nine months ended September 24, 2022. As of September 24, 2022, there were $18 million of outstanding letters of credit which reduced the borrowing availability under the 2019 VFN. Driven Holdings Revolving Credit Facility In May 2021, the Company entered into a credit agreement to secure a revolving line of credit with a group of financial institutions (“Driven Holdings Revolving Credit Facility”), which provides for an aggregate principal amount of up to $300 million, and has a maturity date of May 27, 2026. Eurocurrency borrowings incur interest at an adjusted London Interbank Offered Rate (“LIBOR”) plus an applicable margin of 1.50%, which may increase to 1.75% based on the Net First Lien Leverage Ratio under the Driven Holdings Revolving Credit Facility. The Driven Holdings Revolving Credit Facility also includes periodic commitment fees based on the available unused balance and a quarterly administrative fee. There was $300 million outstanding on the Driven Holdings Revolving Credit Facility as of September 24, 2022 with $300 million borrowings and no repayments made during the quarter or nine months ended September 24, 2022. The Company’s debt agreements are subject to certain quantitative and qualitative covenants. As of September 24, 2022, the Company and its subsidiaries were in compliance with all covenants.

Leases

Leases	9 Months Ended
Leases	Sep. 24, 2022
Leases [Abstract]
Leases	Leases The following table details our total investment in operating and finance leases where the Company is the lessee: (in thousands) September 24, 2022 December 25, 2021 Right-of-use assets Finance leases (a) $ 38,997 $ 29,766 Operating leases 1,089,693 995,625 Total right-of-use assets $ 1,128,690 $ 1,025,391 Current lease liabilities Finance leases (b) $ 4,018 $ 3,101 Operating leases (c) 70,837 57,588 Total current lease liabilities $ 74,855 $ 60,689 Long-term lease liabilities Finance leases (d) $ 37,296 $ 27,957 Operating leases 1,024,694 931,604 Total long-term lease liabilities $ 1,061,990 $ 959,561 (a) Finance lease right-of-use assets are included in P roperty and equipment (b) Current finance lease liabilities are included in C urrent portion of long-term debt (c) Current operating lease liabilities are included in A ccrued expenses and other liabilities (d) Long-term finance lease liabilities are included in L ong-term debt The lease cost for operating and finance leases recognized in the consolidated statement of operations for the three and nine months ended September 24, 2022 and September 25, 2021 were as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Finance lease expense: Amortization of right-of-use assets $ 1,338 $ 715 $ 3,730 $ 1,970 Interest on lease liabilities 493 299 1,354 796 Operating lease expense 31,858 29,028 95,066 85,564 Short-term lease expense 431 523 1,408 1,619 Variable lease expense 405 206 1,191 692 Total lease expense $ 34,525 $ 30,771 $ 102,749 $ 90,641 The Company also subleases certain facilities to franchisees as a component of supply and other revenue on the consolidated statements of operations. The Company recognized $2 million, $5 million, $2 million, and $5 million in sublease revenue in the three and nine months ended September 24, 2022 and September 25, 2021, respectively, as a component of Supply and other revenue on the consolidated statements of operations. During the nine months ended September 24, 2022, the Company sold 30 car wash and seven maintenance properties in various locations throughout the United States for a total of $156 million, resulting in a net gain of $18 million. Concurrent with the closing of these sales, the Company entered into various operating lease agreements pursuant to which the Company leased back the properties. These lease agreements have terms of 15 years to 20 years and provide the Company with the option to extend the lease for up to an additional 20 years to 25 years. The Company does not include option periods in its determination of the lease term unless renewals are deemed reasonably certain to be exercised. The Company recorded an operating lease right-of-use asset and operating lease liability of $121 million and $121 million, respectively, related to these lease arrangements as of September 24, 2022. Supplemental cash flow information related to the Company’s lease arrangements for the nine months ended September 24, 2022 and September 25, 2021, respectively, was as follows: Nine months ended (in thousands) September 24, 2022 September 25, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 86,423 $ 79,310 Operating cash flows used in finance leases 1,214 736 Financing cash flows used in finance leases 1,185 921 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 72,395 $ 75,268 Finance leases 6,583 7,249
Leases	Leases The following table details our total investment in operating and finance leases where the Company is the lessee: (in thousands) September 24, 2022 December 25, 2021 Right-of-use assets Finance leases (a) $ 38,997 $ 29,766 Operating leases 1,089,693 995,625 Total right-of-use assets $ 1,128,690 $ 1,025,391 Current lease liabilities Finance leases (b) $ 4,018 $ 3,101 Operating leases (c) 70,837 57,588 Total current lease liabilities $ 74,855 $ 60,689 Long-term lease liabilities Finance leases (d) $ 37,296 $ 27,957 Operating leases 1,024,694 931,604 Total long-term lease liabilities $ 1,061,990 $ 959,561 (a) Finance lease right-of-use assets are included in P roperty and equipment (b) Current finance lease liabilities are included in C urrent portion of long-term debt (c) Current operating lease liabilities are included in A ccrued expenses and other liabilities (d) Long-term finance lease liabilities are included in L ong-term debt The lease cost for operating and finance leases recognized in the consolidated statement of operations for the three and nine months ended September 24, 2022 and September 25, 2021 were as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Finance lease expense: Amortization of right-of-use assets $ 1,338 $ 715 $ 3,730 $ 1,970 Interest on lease liabilities 493 299 1,354 796 Operating lease expense 31,858 29,028 95,066 85,564 Short-term lease expense 431 523 1,408 1,619 Variable lease expense 405 206 1,191 692 Total lease expense $ 34,525 $ 30,771 $ 102,749 $ 90,641 The Company also subleases certain facilities to franchisees as a component of supply and other revenue on the consolidated statements of operations. The Company recognized $2 million, $5 million, $2 million, and $5 million in sublease revenue in the three and nine months ended September 24, 2022 and September 25, 2021, respectively, as a component of Supply and other revenue on the consolidated statements of operations. During the nine months ended September 24, 2022, the Company sold 30 car wash and seven maintenance properties in various locations throughout the United States for a total of $156 million, resulting in a net gain of $18 million. Concurrent with the closing of these sales, the Company entered into various operating lease agreements pursuant to which the Company leased back the properties. These lease agreements have terms of 15 years to 20 years and provide the Company with the option to extend the lease for up to an additional 20 years to 25 years. The Company does not include option periods in its determination of the lease term unless renewals are deemed reasonably certain to be exercised. The Company recorded an operating lease right-of-use asset and operating lease liability of $121 million and $121 million, respectively, related to these lease arrangements as of September 24, 2022. Supplemental cash flow information related to the Company’s lease arrangements for the nine months ended September 24, 2022 and September 25, 2021, respectively, was as follows: Nine months ended (in thousands) September 24, 2022 September 25, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 86,423 $ 79,310 Operating cash flows used in finance leases 1,214 736 Financing cash flows used in finance leases 1,185 921 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 72,395 $ 75,268 Finance leases 6,583 7,249

Equity-based Compensation

Equity-based Compensation	9 Months Ended
Equity-based Compensation	Sep. 24, 2022
Share-Based Payment Arrangement [Abstract]
Equity-based Compensation	Equity-based Compensation The Company granted new awards during the three months ended September 24, 2022, consisting of 10,178 restricted stock units (“RSUs”) and 12,750 performance stock units (“PSUs”). The Company granted new awards during the nine months ended September 24, 2022, consisting of 264,652 RSUs and 488,488 PSUs. Awards are eligible to vest provided that the employee remains in continuous service on each vesting date. The RSUs vest ratably in three installments on each of the first three three-year performance period. The number of PSUs that vest is contingent on the Company achieving certain performance goals, one being a market condition and the other being a performance condition. The number of PSU shares that vest may range from zero to 200% of the original grant, based upon the level of performance. The awards are considered probable of meeting vesting requirements, and therefore, the Company has started recognizing expense. The fair value of the RSUs, performance based PSUs and market based PSUs granted during the three months ended September 24, 2022 were less than $1 million each. The fair value of the total RSUs, performance based PSUs and market based PSUs granted during the nine months ended September 24, 2022 were $7 million, $8 million and $8 million, respectively. The Company based the fair value of the RSUs and performance based PSUs on the Company’s stock price on the grant date. The Company determined the fair value of the market based PSUs granted during the three months ended September 24, 2022 by using a Monte Carlo simulation, using the following assumptions: (i) an expected term of 3 years, (ii) an expected volatility of 41.00%, (iii) a correlation of the S&P Mid-cap Index peer group of 58.80%, and (iv) no expected dividend. The Company determined the fair value of the market based PSUs granted during the three months ended June 25, 2022 by using a Monte Carlo simulation, using the following assumptions: (i) an expected term of 3 years, (ii) an expected volatility of 43.90%, (iii) a correlation of the S&P Mid-cap Index peer group of 59.50%, and (iv) no expected dividend. The Company determined the fair value of the market based PSUs granted during the three months ended March 26, 2022 by using a Monte Carlo simulation, using the following assumptions: (i) an expected term of 3 years, (ii) an expected volatility of 40.90%, (iii) a correlation of the S&P Mid-cap Index peer group of 50.70%, and (iv) no expected dividend. The Company recorded share-based compensation expense during the three and nine months ended September 24, 2022 and September 25, 2021 within selling, general and administrative expenses on the consolidated statements of operations as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Share-based compensation expense $ 5,000 $ 1,000 $ 12,000 $ 3,000

Earnings per share

Earnings per share	9 Months Ended
Earnings per share	Sep. 24, 2022
Earnings Per Share [Abstract]
Earnings per share	Earnings per share The Company calculates basic and diluted earnings per share using the two-class method. The following table sets forth the computation of basic and diluted earnings per share attributable to common shareholders: Three months ended Nine months ended (in thousands, except per share amounts) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Basic earnings per share: Net income attributable to Driven Brands Holdings Inc. $ 38,391 33,124 15,790 48,389 Less: Net income attributable to participating securities, basic 809 709 335 1,057 Net income after participating securities, basic 37,583 32,415 15,455 47,332 Weighted-average common shares outstanding 162,760 162,635 162,768 160,030 Basic earnings per share $ 0.23 $ 0.20 $ 0.10 $ 0.30 Three months ended Nine months ended (in thousands, except per share amounts) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Diluted earnings per share: Net income attributable to Driven Brands Holdings Inc. $ 38,391 $ 33,124 15,790 48,389 Less: Net income attributable to participating securities, diluted 721 632 299 942 Net income after participating securities, diluted $ 37,670 $ 32,492 15,491 47,447 Weighted-average common shares outstanding 162,760 162,635 162,768 160,030 Dilutive effect of share-based awards 4,071 3,995 3,895 3,938 Weighted-average common shares outstanding, as adjusted 166,831 166,630 166,663 163,968 Diluted earnings per share $ 0.23 $ 0.19 $ 0.09 $ 0.29 Basic earnings per share is computed by dividing the net income attributable to Driven Brands Holdings Inc. by the weighted-average number of common shares outstanding for the period. In addition, the Company’s participating securities are related to certain restricted stock awards issued to Section 16 officers which include non-forfeitable dividend rights. The Company has 4,687,354 shares of performance awards that are contingent on performance conditions which have not yet been met, and therefore have been excluded from the computation of weighted average shares for the three and nine months ended September 24, 2022. The following securities were not included in the computation of diluted shares outstanding because the effect would be antidilutive: Three months ended Nine months ended Number of securities (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Restricted stock units 28 — 28 2 Performance stock units Stock/IPO options 2,000 — 2,000 36 Employee stock purchase plan Total 2,028 — 2,028 38

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 24, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s tax provision is comprised of the most recent estimated annual effective tax rate applied to year-to-date ordinary income before taxes. The tax impacts of unusual or infrequently occurring items, including changes in judgment about valuation allowances and effects of changes in tax laws or rates, are recorded discretely in the interim period in which they occur. Income tax expense was $14 million and $12 million for the three months ended September 24, 2022 and September 25, 2021, respectively. The effective income tax rate for the three months ended September 24, 2022 was 27.4% compared to 26.4% for the three months ended September 25, 2021. The increase in income tax expense and tax rate was primarily driven by foreign exchange rate adjustments for the three months ended September 24, 2022. Income tax expense was $9 million and $24 million for the nine months ended September 24, 2022 and September 25, 2021, respectively. The effective income tax rate for the nine months ended September 24, 2022 was 35.3% compared to 33.6% for the nine months ended September 25, 2021. The net decrease in income tax expense was primarily driven by a favorable discrete tax adjustment related to the trade name impairment charge for the nine months ended September 24, 2022, and favorable discrete tax adjustments related to non-deductible loss on debt extinguishment as well as tax deductible costs incurred related to the initial public offering for the nine months ended September 25, 2021. The net increase in tax rate was primarily driven by foreign exchange rate adjustments.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 24, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is subject to various lawsuits, administrative proceedings, audits, and claims arising in the ordinary course of business. Some of these lawsuits purport to be class actions and/or seek substantial damages. The Company is required to record an accrual for litigation loss contingencies that are both probable and reasonably estimable. Legal fees and expenses associated with the defense of litigation are expensed as incurred. While the Company does not presently believe that any of the legal proceedings to which it is currently a party will ultimately have a material adverse impact, there can be no assurance that the Company will prevail in all of the proceedings or that the Company will not incur material losses from them.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 24, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On October 5, 2022, Driven Brands Funding, LLC and Driven Brands Canada Funding Corporation (together, the “Co-Issuers”), each wholly-owned subsidiaries of the Company, issued $365 million of 2022-1 Class A-2 Securitization Senior Notes, bearing a fixed interest rate of 7.393% per annum, a final legal maturity date of October 20, 2052, and an anticipated repayment date of October 20, 2027 (the “2022-1 Class A-2 Senior Notes”). The proceeds from the issuance of the 2022-1 Class A-2 Senior Notes were used for general corporate purposes, including the repayment of the revolving credit facilities creating capacity to invest in continued growth. In conjunction with the issuance of the 2022-1 Class A-2 Senior Notes, the Co-Issuers also issued up to $135 million of 2022-1 Class A-1 Securitization Senior Notes (the “2022-1 Class A-1 Senior Notes” and together with the 2022-1 Class A-2 Senior Notes, the “2022-1 Senior Notes”). From September 25, 2022 through November 4, 2022, the Company acquired four car wash sites for approximately $38 million. The initial accounting for these acquisitions is incomplete as the valuation of the assets acquired and liabilities assumed and residual goodwill has not yet been performed.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 24, 2022
Accounting Policies [Abstract]
Fiscal Year	Fiscal Year The Company operates and reports financial information on a 52- or 53-week year with the fiscal year ending on the last Saturday in December and fiscal quarters ending on the 13th Saturday of each quarter (or 14th Saturday when applicable with respect to the fourth fiscal quarter). The three and nine months ended September 24, 2022 and September 25, 2021, each consist of 13 weeks and 39 weeks, respectively. The Car Wash segment is currently consolidated based on a calendar month end.
Basis of Presentation	Basis of Presentation The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission. In the opinion of management, the unaudited interim financial data includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results of operations, balance sheet, cash flows and shareholders’ equity for the interim periods presented. The adjustments include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 25, 2021. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. The results of operations for the three and nine months ended September 24, 2022 may not be indicative of the results to be expected for any other interim period or the year ending December 31, 2022.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the related notes to the consolidated financial statements. Estimates are based upon historical factors, current circumstances and the experience and judgment of the Company’s management. Management evaluates its estimates and assumptions on an ongoing basis and may employ outside experts to assist in its evaluations. Changes in such estimates, based on more accurate future information, or different assumptions or conditions, may affect amounts reported in future periods.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Financial assets and liabilities are categorized, based on the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to the quoted prices in active markets for identical assets and liabilities and the lowest priority to unobservable inputs. Observable market data, when available, is required to be used in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. The Company classifies and discloses assets and liabilities carried at fair value in one of the following three categories: • Level 1: Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date; • Level 2: Inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; or • Level 3: Inputs are unobservable inputs for the asset or liability. Unobservable inputs are used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at the measurement date.
Derivative Instruments	The fair value of the Company’s foreign currency derivative instruments are derived from valuation models, which use Level 2 observable inputs such as quoted market prices, interest rates and forward yield curves. Derivative assets are included in Prepaid and other assets or Notes receivable, net in the consolidated balance sheet depending on the remaining period to maturity. Derivative liabilities not designated as a hedging instrument are included in Accrued expenses and other liabilities in the consolidated balance Sheet. Derivative liabilities designated as a hedging instrument are included in long-term accrued expenses and other liabilities in the consolidated balance sheet.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
Summary of Significant Accounting Policies (Tables)	Sep. 24, 2022
Accounting Policies [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	Financial assets and liabilities measured at fair value on a recurring basis as of September 24, 2022 and December 25, 2021 are summarized as follows: Items Measured at Fair Value at September 24, 2022 (in thousands) Level 1 Level 2 Total Mutual fund investments held in rabbi trust $ 711 $ — $ 711 Interest rate derivative assets designated as hedging instruments $ — $ 11,540 $ 11,540 Foreign currency derivative assets designated as hedging instruments $ — $ 2,282 $ 2,282 Foreign currency derivative liabilities designated as hedging instruments $ — $ 161 $ 161 Foreign currency derivative liabilities not designated as hedging instruments $ — $ 2,622 $ 2,622 Items Measured at Fair Value at December 25, 2021 (in thousands) Level 1 Level 2 Total Mutual fund investments held in rabbi trust $ 976 $ — $ 976 Foreign currency derivative liabilities designated as hedging instruments $ — $ 536 $ 536
Schedule of Carrying Values and Estimated Fair Value of Total Long-Term Debt	The carrying value and estimated fair value of total long-term debt were as follows: September 24, 2022 December 25, 2021 (in thousands) Carrying value Estimated fair value Carrying value Estimated fair value Long-term debt $ 2,680,356 $ 2,494,221 $ 2,382,364 $ 2,411,987
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables present changes in each component of accumulated other comprehensive income (loss), net of tax: Three months ended September 24, 2022 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance as of June 25, 2022 $ (51,865) $ (851) $ (80) $ (52,796) Net change (71,048) 8,606 5 (62,437) Balance as of September 24, 2022 $ (122,913) $ 7,755 $ (75) $ (115,233) Three months ended September 25, 2021 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance at June 26, 2021 $ 19,002 $ (57) $ (91) $ 18,854 Net change (30,903) (1) 3 (30,901) Balance as of September 25, 2021 $ (11,901) $ (58) $ (88) $ (12,047) Nine months ended September 24, 2022 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance as of December 25, 2021 $ (4,183) $ (758) $ (87) $ (5,028) Net change (118,730) 8,513 12 (110,205) Balance as of September 24, 2022 $ (122,913) $ 7,755 $ (75) $ (115,233) Nine months ended September 25, 2021 (in thousands) Foreign currency translation adjustment Cash flow hedges Defined benefit pension plan Accumulated other comprehensive income (loss) Balance as of December 26, 2020 $ 16,834 $ (87) $ (219) $ 16,528 Net change (28,735) 29 131 (28,575) Balance as of September 25, 2021 $ (11,901) $ (58) $ (88) $ (12,047)

Acquisitions and Dispositions (

Acquisitions and Dispositions (Tables)	9 Months Ended
Acquisitions and Dispositions (Tables)	Sep. 24, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Estimated Purchase Price Allocation	The provisional amounts for assets acquired and liabilities assumed for the 2022 acquisitions are as follows: Paint, Collision & Glass Segment (in thousands) Auto Glass Fitters Inc. Jack Morris Auto Glass K&K Glass All Star Glass Auto Glass Now All Other Paint, Collision & Glass Total PC&G Assets: Cash — 3 — 7,553 7 2 7,564 ROU Asset — — — — 690 — 690 Operating lease ROU Asset — — — 734 10,003 — 10,738 Prepaid rent — — — — 327 30 357 Land — — — — 23 — 23 Equipment — 1,200 1,500 537 428 902 4,567 Vehicles 417 — — — 453 — 870 Furniture and Fixtures — — — — 40 — 40 Inventory — 1,067 500 546 — 27 2,140 Accounts and Notes receivable — 1,069 — 2,436 — — 3,505 Prepaid expenses — — — 250 — — 250 Other Assets 974 — 56 5 — — 1,035 Leasehold improvements — — — — — — — Intangible asset - trade name 800 400 400 600 36,800 — 39,000 Intangible - customer relationships 19,800 15,700 16,200 8,100 12,200 — 72,000 Deferred tax assets — — — — — 71 71 Assets acquired 21,991 19,439 18,656 20,761 60,971 1,032 142,850 Liabilities: Prepaid liability 174 294 111 — — — 579 Trade Payable — — — 1,911 — — 1,911 Accrued Expenses and other long-term liabilities — — — 303 — — 303 Taxes Payable — — — 272 — — 272 Long Term Debt- Current — — — 46 — — 46 Long Term Debt — — — 59 — — 59 Lease liability — — — 733 — — 733 Operating lease liability - Current — — — — 3,017 — 3,017 Operating lease liability - Non-current — — — — 6,987 — 6,987 Total liabilities assumed 174 294 111 3,324 10,004 — 13,907 Net assets acquired 21,817 19,145 18,545 17,437 50,967 1,032 128,943 Total consideration 70,826 54,853 39,945 43,740 170,636 9,382 389,382 Goodwill 49,009 35,708 21,400 26,303 119,669 8,350 260,439 Car Wash Segment (in thousands) Speedy Shine Express Car Wash Jimmy Clean Car Wash All Other Car Wash Total Car Wash Assets: Cash 4 6 49 59 Land 1,560 1,900 16,600 20,060 Land improvements — — — — Building 12,060 9,290 104,630 125,980 Car wash equipment 2,580 2,210 17,808 22,598 Deferred tax assets 12 2,116 740 2,868 Assets acquired 16,216 15,522 139,827 171,565 Liabilities: Prepaid Liability 8 110 423 541 Total liabilities assumed 8 110 423 541 Net assets acquired 16,208 15,412 139,404 171,024 Total consideration 33,496 31,896 201,401 266,793 Goodwill 17,288 16,484 61,997 95,769 Maintenance Segment (in thousands) Maintenance Assets: Cash $ 1 Prepaid rent $ — Land $ 510 Land improvements $ — Building $ 3,845 Car wash equipment $ 485 Inventory $ 226 Prepaid expenses $ 71 Deferred tax assets $ 55 Assets acquired $ 5,193 Liabilities: Total liabilities assumed $ 168 Net assets acquired $ 5,025 Total consideration $ 20,517 Goodwill $ 15,492 (in thousands) Magic Tunnel Car Wash Franks Car Wash Express* Racer Classic Car Wash* All Other Total Car Wash Assets: Cash $ 26 $ 38 $ 18 $ 165 $ 247 Right of use assets — — 2,587 12,277 14,864 Land and improvements 13,020 10,790 6,920 45,455 76,185 Building 48,380 48,570 31,490 270,155 398,595 Equipment 13,800 7,377 5,698 59,578 86,453 Inventory — — 311 — 311 Intangibles, net 700 800 550 — 2,050 Deferred tax assets — 94 — 1,596 1,690 Assets held for sale — — — 996 996 Assets acquired 75,926 67,669 47,574 390,222 581,391 Liabilities: Accrued liability — 50 155 304 509 Lease liability — — 2,687 12,277 14,964 Deferred tax liabilities — — 758 — 758 Liabilities assumed — 50 3,600 12,581 16,231 Net assets acquired 75,926 67,619 43,974 377,641 565,160 Total consideration 88,026 106,558 64,843 472,721 732,148 Goodwill $ 12,100 $ 38,939 $ 20,869 $ 95,080 $ 166,988 (in thousands) Assets: Cash $ 2 Land and improvements 4,425 Building 13,220 Equipment 1,450 Inventory 200 Deferred tax assets 90 Asset held for sale 3,275 22,662 Liabilities: Prepaid liability 52 Liabilities assumed 52 Net assets acquired 22,610 Total consideration 37,271 Goodwill $ 14,661 (in thousands) Assets: Right of use asset $ 7,672 Equipment 1,512 Inventory 107 Intangibles, net 6,707 Assets acquired 15,998 Liabilities: Accrued liability 5 Lease liability 7,664 Off-market lease component 99 Liabilities assumed 7,768 Net assets acquired 8,230 Total consideration 32,972 Goodwill $ 24,742
Schedule of Pro Forma Information	The following tables also present supplemental unaudited pro-forma information as if the acquisitions had occurred at the beginning of 2021. The pro-forma information does not necessarily reflect the results of operations that would have occurred had the acquisitions occurred at the beginning of 2021. Cost savings are also not reflected in the unaudited pro-forma amounts for the three and nine months ended September 24, 2022 and September 25, 2021. Three months ended September 24, 2022 Three months ended September 24, 2022 Three months ended September 25, 2021 Actual from acquisition date (in thousands) Car Wash Acquisitions Glass Acquisitions Car Wash & Glass Acquisitions Driven Brands Holdings Consolidated Driven Brands Holdings Consolidated Revenue $ 7,357 $ 47,948 $ 55,305 $ 532,299 $ 442,287 Net income attributable to Driven Brands Holdings Inc. $ 1,889 $ 7,703 $ 9,592 $ 39,398 $ 46,080 Nine months ended September 24, 2022 Nine months ended September 24, 2022 Nine months ended September 25, 2021 Actual from acquisition date (in thousands) Car Wash Acquisitions Glass Acquisitions Car Wash & Glass Acquisitions Driven Brands Holdings Consolidated Driven Brands Holdings Consolidated Revenue $ 11,629 $ 97,941 $ 109,570 $ 1,599,438 $ 1,280,691 Net income attributable to Driven Brands Holdings Inc. $ 2,883 $ 13,780 $ 16,663 $ 34,793 $ 88,930 Actual from Pro-forma for year ended (in thousands) December 25, 2021 December 26, 2020 Revenue $ 48,648 $ 1,613,479 $ 1,026,012 Net income attributable to Driven Brands Holdings Inc. $ 11,693 $ 47,272 $ 20,558

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 24, 2022
Segment Reporting [Abstract]
Schedule of Segment Results	Segment results for the three and nine months ended September 24, 2022 and September 25, 2021 are as follows: Three months ended September 24, 2022 (in thousands) Maintenance Car Wash Paint, Platform Corporate Total Franchise royalties and fees $ 11,625 $ — $ 24,055 $ 9,882 $ — $ 45,562 Company-operated store sales 172,162 98,235 69,413 1,431 (30) 341,211 Independently-operated store sales — 40,469 — — — 40,469 Advertising fund contributions — — — — 22,018 22,018 Supply and other revenue 17,035 1,599 19,782 40,686 (11,768) 67,334 Total revenue $ 200,822 $ 140,303 $ 113,250 $ 51,999 $ 10,220 $ 516,594 Segment Adjusted EBITDA $ 68,763 $ 39,098 $ 38,919 $ 19,765 $ (36,437) $ 130,108 Three months ended September 25, 2021 (in thousands) Maintenance Car Wash Paint, Platform Corporate Total Franchise royalties and fees $ 9,635 $ — $ 20,280 $ 9,038 $ — $ 38,953 Company-operated store sales 125,561 74,105 12,723 1,465 (99) 213,755 Independently-operated store sales — 47,941 — — — 47,941 Advertising fund contributions — — — — 19,762 19,762 Supply and other revenue 9,261 1,516 17,572 31,558 (9,170) 50,737 Total revenue $ 144,457 $ 123,562 $ 50,575 $ 42,061 $ 10,493 $ 371,148 Segment Adjusted EBITDA $ 47,894 $ 37,999 $ 22,039 $ 16,254 $ (25,558) $ 98,628 Nine months ended September 24, 2022 (in thousands) Maintenance Car Wash Paint, Platform Services Corporate Total Franchise royalties and fees $ 32,586 $ — $ 69,025 $ 26,689 $ — $ 128,300 Company-operated store sales 497,638 294,526 161,531 3,975 (183) 957,487 Independently-operated store sales — 158,500 — — — 158,500 Advertising fund contributions — — — — 63,807 63,807 Supply and other revenue 43,645 5,131 57,577 117,704 (38,610) 185,447 Total revenue $ 573,869 $ 458,157 $ 288,133 $ 148,368 $ 25,014 $ 1,493,541 Segment Adjusted EBITDA $ 185,324 $ 148,495 $ 100,847 $ 54,471 $ (103,922) $ 385,215 Nine months ended September 25, 2021 (in thousands) Maintenance Car Wash Paint, Platform Corporate Total Franchise royalties and fees $ 26,651 $ — $ 57,578 $ 23,011 $ — $ 107,240 Company-operated store sales 365,735 196,858 37,672 3,911 (368) 603,808 Independently-operated store sales — 160,483 — — — 160,483 Advertising fund contributions — — — — 56,665 56,665 Supply and other revenue 25,231 4,800 49,791 94,576 (27,199) 147,199 Total revenue $ 417,617 $ 362,141 $ 145,041 $ 121,498 $ 29,098 $ 1,075,395 Segment Adjusted EBITDA $ 132,895 $ 115,223 $ 61,534 $ 44,864 $ (76,422) $ 278,094
Schedule of Reconciliation of Segment Adjusted EBITDA to Income Before Taxes	The reconciliations of Income (loss) before taxes to Segment Adjusted EBITDA for the three and nine months ended September 24, 2022 and September 25, 2021 are as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Income (loss) before taxes $ 52,863 $ 44,966 $ 24,367 $ 72,766 Depreciation and amortization 36,518 28,447 107,628 78,722 Interest expense, net 27,323 17,688 78,946 52,390 Acquisition related costs (a) 2,325 636 9,981 2,674 Non-core items and project costs, net (b) 851 1,357 3,436 3,910 Store opening costs 753 666 1,925 1,360 Straight-line rent adjustment (c) 3,220 2,548 11,530 8,391 Equity-based compensation expense (d) 5,308 933 12,159 2,944 Foreign currency transaction (gain) / loss, net (e) 15,582 1,074 30,490 6,356 Bad debt expense (449) — (449) — Trade name impairment (f) — — 125,450 — Asset sale leaseback (gain) loss, impairment and closed store expenses (g) (14,186) 313 (20,248) 3,005 Loss on debt extinguishment (h) — — — 45,576 Segment Adjusted EBITDA $ 130,108 $ 98,628 $ 385,215 $ 278,094 (a) Consists of acquisition costs as reflected within the consolidated statements of operations, including legal, consulting and other fees and expenses incurred in connection with acquisitions completed during the applicable period, as well as inventory rationalization expenses incurred in connection with acquisitions. We expect to incur similar costs in connection with other acquisitions in the future and, under GAAP, such costs relating to acquisitions are expensed as incurred and not capitalized. (b) Consists of discrete items and project costs, including (i) third party consulting and professional fees associated with strategic transformation initiatives and (ii) other miscellaneous expenses, including non-capitalizable expenses relating to the Company’s initial public offering and other strategic transactions. (c) Consists of the non-cash portion of rent expense, which reflects the extent to which our straight-line rent expense recognized under GAAP exceeds or is less than our cash rent payments. (d) Represents non-cash equity-based compensation expense. (e) Represents foreign currency transaction net gains and losses primarily related to the remeasurement of our intercompany loans which are partially offset by unrealized gains and losses on remeasurement of cross currency swaps and forward contracts. (f) Relates to an impairment of certain Car Wash trade names for which the Company elected to discontinue their use. (g) Relates to (gain) loss on sale leasebacks, impairment of certain fixed assets and operating lease right-of-use assets related to closed locations. Also, represents lease exit costs and other costs associated with stores that were closed prior to the respective lease termination dates.

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
Long-Term Debt (Tables)	Sep. 24, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt	The Company’s long-term debt obligations consist of the following: (in thousands) September 24, 2022 December 25, 2021 Series 2018-1 Securitization Senior Notes, Class A-2 $ 262,625 $ 264,688 Series 2019-1 Securitization Senior Notes, Class A-2 288,750 291,000 Series 2019-2 Securitization Senior Notes, Class A-2 266,750 268,813 Series 2019-3 Variable Funding Securitization Senior Notes, Class A-1 — — Series 2020-1 Securitization Senior Notes, Class A-2 171,063 172,375 Series 2020-2 Securitization Senior Notes, Class A-2 442,125 445,500 Series 2021-1 Securitization Senior Notes, Class A-2 445,500 448,875 Term Loan Facility 498,750 500,000 Revolving Credit Facility 300,000 — Other debt (a) 45,690 39,082 Total debt 2,721,253 2,430,333 Less: unamortized debt issuance costs (40,897) (47,969) Less: current portion of long-term debt (23,836) (26,044) Total long-term debt, net $ 2,656,520 $ 2,356,320 (a) Consists primarily of finance lease obligations. See Note 8 .

Leases (Tables)

Leases (Tables)	9 Months Ended
Leases (Tables)	Sep. 24, 2022
Leases [Abstract]
Supplemental Balance Sheet Information	The following table details our total investment in operating and finance leases where the Company is the lessee: (in thousands) September 24, 2022 December 25, 2021 Right-of-use assets Finance leases (a) $ 38,997 $ 29,766 Operating leases 1,089,693 995,625 Total right-of-use assets $ 1,128,690 $ 1,025,391 Current lease liabilities Finance leases (b) $ 4,018 $ 3,101 Operating leases (c) 70,837 57,588 Total current lease liabilities $ 74,855 $ 60,689 Long-term lease liabilities Finance leases (d) $ 37,296 $ 27,957 Operating leases 1,024,694 931,604 Total long-term lease liabilities $ 1,061,990 $ 959,561 (a) Finance lease right-of-use assets are included in P roperty and equipment (b) Current finance lease liabilities are included in C urrent portion of long-term debt (c) Current operating lease liabilities are included in A ccrued expenses and other liabilities ong-term debt
Schedule of Lease Cost and Supplemental Cash Flow Information	The lease cost for operating and finance leases recognized in the consolidated statement of operations for the three and nine months ended September 24, 2022 and September 25, 2021 were as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Finance lease expense: Amortization of right-of-use assets $ 1,338 $ 715 $ 3,730 $ 1,970 Interest on lease liabilities 493 299 1,354 796 Operating lease expense 31,858 29,028 95,066 85,564 Short-term lease expense 431 523 1,408 1,619 Variable lease expense 405 206 1,191 692 Total lease expense $ 34,525 $ 30,771 $ 102,749 $ 90,641 Supplemental cash flow information related to the Company’s lease arrangements for the nine months ended September 24, 2022 and September 25, 2021, respectively, was as follows: Nine months ended (in thousands) September 24, 2022 September 25, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 86,423 $ 79,310 Operating cash flows used in finance leases 1,214 736 Financing cash flows used in finance leases 1,185 921 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 72,395 $ 75,268 Finance leases 6,583 7,249

Equity-based Compensation (Tabl

Equity-based Compensation (Tables)	9 Months Ended
Equity-based Compensation (Tables)	Sep. 24, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Components of Stock-Based Compensation Expense	The Company recorded share-based compensation expense during the three and nine months ended September 24, 2022 and September 25, 2021 within selling, general and administrative expenses on the consolidated statements of operations as follows: Three months ended Nine months ended (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Share-based compensation expense $ 5,000 $ 1,000 $ 12,000 $ 3,000

Earnings per share (Tables)

Earnings per share (Tables)	9 Months Ended
Earnings per share (Tables)	Sep. 24, 2022
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share Attributable to Common Shareholders	The following table sets forth the computation of basic and diluted earnings per share attributable to common shareholders: Three months ended Nine months ended (in thousands, except per share amounts) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Basic earnings per share: Net income attributable to Driven Brands Holdings Inc. $ 38,391 33,124 15,790 48,389 Less: Net income attributable to participating securities, basic 809 709 335 1,057 Net income after participating securities, basic 37,583 32,415 15,455 47,332 Weighted-average common shares outstanding 162,760 162,635 162,768 160,030 Basic earnings per share $ 0.23 $ 0.20 $ 0.10 $ 0.30 Three months ended Nine months ended (in thousands, except per share amounts) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Diluted earnings per share: Net income attributable to Driven Brands Holdings Inc. $ 38,391 $ 33,124 15,790 48,389 Less: Net income attributable to participating securities, diluted 721 632 299 942 Net income after participating securities, diluted $ 37,670 $ 32,492 15,491 47,447 Weighted-average common shares outstanding 162,760 162,635 162,768 160,030 Dilutive effect of share-based awards 4,071 3,995 3,895 3,938 Weighted-average common shares outstanding, as adjusted 166,831 166,630 166,663 163,968 Diluted earnings per share $ 0.23 $ 0.19 $ 0.09 $ 0.29
Schedule of Antidilutive Shares	The following securities were not included in the computation of diluted shares outstanding because the effect would be antidilutive: Three months ended Nine months ended Number of securities (in thousands) September 24, 2022 September 25, 2021 September 24, 2022 September 25, 2021 Restricted stock units 28 — 28 2 Performance stock units Stock/IPO options 2,000 — 2,000 36 Employee stock purchase plan Total 2,028 — 2,028 38

Description of Business (Detail

Description of Business (Details) $ / shares in Units, $ in Thousands						3 Months Ended		9 Months Ended
	Sep. 12, 2022 $ / shares shares	Sep. 08, 2021 shares	Aug. 02, 2021 $ / shares shares	Feb. 10, 2021 USD ($) shares	Jan. 14, 2021 USD ($) $ / shares shares	Sep. 24, 2022 USD ($) franchise_location shares	Sep. 25, 2021 USD ($)	Sep. 24, 2022 USD ($) franchise_location shares	Sep. 25, 2021 USD ($)	Dec. 25, 2021 USD ($) shares	Jan. 13, 2021 shares
Subsidiary, Sale of Stock [Line Items]
Number of locations franchised, independently-operated, and company-operated \| franchise_location						4,700,000		4,700,000
Number of states in which entity operates \| franchise_location						49		49
Number of countries across Europe in which entity operates \| franchise_location						14		14
Percentage of locations franchised or independently operated						0.76		0.76
Repayment of debt \| $					$ 725,000
Loss on debt extinguishment \| $						$ 0	$ 0	$ 0	$ 45,576
Income tax receivable liability \| $						156,000		156,000		$ 156,000
Income tax receivable liability, current \| $						24,255		24,255		24,255
Income tax receivable liability, noncurrent \| $						$ 131,715		$ 131,715		$ 131,715
Stock split					88,990
Number of authorized shares (in shares)					1,000,000,000						10,000
Number of shares authorized (in shares)					900,000,000	900,000,000		900,000,000		900,000,000
Number of shares of preferred stock authorized (in shares)					100,000,000
Pre-IPO Stockholders
Subsidiary, Sale of Stock [Line Items]
Income taxes receivable (percent)					0.85
IPO
Subsidiary, Sale of Stock [Line Items]
Sale of stock (in shares)					32,000,000
Sale of stock (in dollars per share) \| $ / shares					$ 22
Total proceeds received \| $				$ 761,000
Number of shares purchased from existing shareholders (in shares)					2,000,000
Over-Allotment Option
Subsidiary, Sale of Stock [Line Items]
Sale of stock (in shares)		881,393		5,000,000
Total proceeds received \| $					$ 43,000
Secondary Offering
Subsidiary, Sale of Stock [Line Items]
Sale of stock (in shares)			12,000,000
Sale of stock (in dollars per share) \| $ / shares			$ 29.5
Underwritten Secondary Offering
Subsidiary, Sale of Stock [Line Items]
Sale of stock (in shares)	7,000,000
Sale of stock (in dollars per share) \| $ / shares	$ 32.19

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 27, 2021	Sep. 25, 2021	Dec. 26, 2020
Reclassification [Line Items]
Capitalized stock issuance cost			$ 9,000
Stock issuance cost	$ 14,757
IPO
Reclassification [Line Items]
Stock issuance cost		$ 6,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Sep. 24, 2022	Dec. 25, 2021
Subsidiary, Sale of Stock [Line Items]
Mutual fund investments held in rabbi trust	$ 711	$ 976
Designated as Hedging Instrument
Subsidiary, Sale of Stock [Line Items]
Mutual fund investments held in rabbi trust	2,282
Interest rate derivative assets designated as hedging instruments	11,540
Foreign currency derivative liabilities	161	536
Not Designated as Hedging Instrument
Subsidiary, Sale of Stock [Line Items]
Foreign currency derivative liabilities	2,622
Fair Value, Inputs, Level 1
Subsidiary, Sale of Stock [Line Items]
Mutual fund investments held in rabbi trust	711	976
Fair Value, Inputs, Level 1 \| Designated as Hedging Instrument
Subsidiary, Sale of Stock [Line Items]
Mutual fund investments held in rabbi trust	0
Interest rate derivative assets designated as hedging instruments	0
Foreign currency derivative liabilities	0	0
Fair Value, Inputs, Level 1 \| Not Designated as Hedging Instrument
Subsidiary, Sale of Stock [Line Items]
Foreign currency derivative liabilities	0
Fair Value, Inputs, Level 2
Subsidiary, Sale of Stock [Line Items]
Mutual fund investments held in rabbi trust	0	0
Fair Value, Inputs, Level 2 \| Designated as Hedging Instrument
Subsidiary, Sale of Stock [Line Items]
Mutual fund investments held in rabbi trust	2,282
Interest rate derivative assets designated as hedging instruments	11,540
Foreign currency derivative liabilities	161	$ 536
Fair Value, Inputs, Level 2 \| Not Designated as Hedging Instrument
Subsidiary, Sale of Stock [Line Items]
Foreign currency derivative liabilities	$ 2,622

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Carrying Values and Estimated Fair Value of Total Long-Term Debt (Details) - USD ($) $ in Thousands	Sep. 24, 2022	Dec. 25, 2021
Carrying value
Subsidiary, Sale of Stock [Line Items]
Long-term debt	$ 2,680,356	$ 2,382,364
Estimated fair value
Subsidiary, Sale of Stock [Line Items]
Long-term debt	$ 2,494,221	$ 2,411,987

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 1,583,460	$ 1,671,942	$ 1,645,242	$ 1,106,360
Net change	(62,437)	(30,901)	(110,205)	(28,575)
Ending balance	1,564,952	1,675,497	1,564,952	1,675,497
Accumulated other comprehensive income (loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(52,796)	18,854	(5,028)	16,528
Ending balance	(115,233)	(12,047)	(115,233)	(12,047)
Foreign currency translation adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(51,865)	19,002	(4,183)	16,834
Net change	(71,048)	(30,903)	(118,730)	(28,735)
Ending balance	(122,913)	(11,901)	(122,913)	(11,901)
Cash flow hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(851)	(57)	(758)	(87)
Net change	8,606	(1)	8,513	29
Ending balance	7,755	(58)	7,755	(58)
Defined benefit pension plan
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(80)	(91)	(87)	(219)
Net change	5	3	12	131
Ending balance	$ (75)	$ (88)	$ (75)	$ (88)

Acquisitions and Dispositions -

Acquisitions and Dispositions - Narrative (Details) $ in Thousands

3 Months Ended

9 Months Ended

12 Months Ended

Sep. 08, 2022 USD ($) car_wash_site

Jul. 27, 2022 USD ($) car_wash_site

Jul. 06, 2022 USD ($) car_wash_site

Jun. 14, 2022 USD ($) car_wash_site

Apr. 28, 2022 USD ($) car_wash_site

Mar. 16, 2022 USD ($)

Dec. 30, 2021 USD ($) collision_site

Oct. 27, 2021 USD ($) car_wash_site

Jul. 14, 2021 USD ($) car_wash_site

May 20, 2021 USD ($) car_wash_site

Apr. 27, 2021 USD ($)

Sep. 24, 2022 USD ($)

Sep. 25, 2021 USD ($)

Jun. 26, 2021 USD ($)

Sep. 24, 2022 USD ($) maintenance_site car_wash_site acquisition

Sep. 25, 2021 USD ($)

Dec. 25, 2021 USD ($) site maintenance_site acquisition car_wash_site collision_site

Dec. 26, 2020 USD ($)

Business Acquisition [Line Items]

Cash used in business acquisitions, net of cash acquired

$ 652,085

$ 442,488

Acquisition costs

$ 2,325

$ 636

9,981

$ 2,674

Consideration received

156,000

Net loss on disposal (less than)

$ (18,000)

Derecognized noncontrolling interest

$ 948

Minimum

Business Acquisition [Line Items]

Deferred consideration payment period

6 months

Maximum

Business Acquisition [Line Items]

Deferred consideration payment period

1 year

Lease Right of Use Assets | Minimum

Business Acquisition [Line Items]

Intangible asset useful life

3 years

Lease Right of Use Assets | Maximum

Business Acquisition [Line Items]

Intangible asset useful life

34 years

Customer Lists

Business Acquisition [Line Items]

Intangible asset useful life

13 years

Trade names

Business Acquisition [Line Items]

Intangible asset useful life

1 year

Series of Individually Immaterial Asset Acquisitions

Business Acquisition [Line Items]

Number of sites | site

Number of assets acquired | acquisition

Disposal Group, Disposed of by Sale, Not Discontinued Operations

Business Acquisition [Line Items]

Ownership interest disposed of (as a percent)

75%

70%

Consideration received

$ 2,000

Net loss on disposal (less than)

$ 1,000

Derecognized noncontrolling interest

1,000

2022 Acquisitions

Business Acquisition [Line Items]

Acquisition costs

$ 4,000

2022 Acquisitions | Car Wash

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Number of car wash sites | car_wash_site

Cash used in business acquisitions, net of cash acquired

$ 266,800

2022 Acquisitions | Jimmy Clean Car Wash

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Cash used in business acquisitions, net of cash acquired

$ 31,900

2022 Acquisitions | Speedy Shine Express Car Wash

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 33,500

2022 Acquisitions | Maintenance

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Cash used in business acquisitions, net of cash acquired

$ 20,500

Number of maintenance sites | maintenance_site

2022 Acquisitions | All Star Glass

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Cash used in business acquisitions, net of cash acquired

$ 43,700

2022 Acquisitions | K & K Glass

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 39,900

2022 Acquisitions | Jack Morris Auto Glass

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 54,900

2022 Acquisitions | Auto Glass Fitters Inc.

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 70,800

2022 PC&G Acquisitions

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Total consideration

$ 389,382

Number of maintenance sites | maintenance_site

156

2022 PC&G Acquisitions | Auto Glass Fitters Inc.

Business Acquisition [Line Items]

Total consideration

$ 70,826

Auto Glass Now

Business Acquisition [Line Items]

Cash used in business acquisitions, net of cash acquired

$ 170,600

Number of sites | collision_site

A2022 Car Wash, Maintenance, And Paint, Collision And Glass Acquisitions

Business Acquisition [Line Items]

Total consideration

20,000

2022 And 2021 Acquisitions

Business Acquisition [Line Items]

Consideration liability

$ 28,000

28,000

Payment of contingent consideration related to acquisitions

$ 15,000

2021 Acquisitions

Business Acquisition [Line Items]

Consideration liability

23,000

Acquisition costs

$ 3,000

2021 Car Wash Acquisitions

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Number of car wash sites | car_wash_site

110

Cash used in business acquisitions, net of cash acquired

$ 732,000

Total consideration

732,148

Magic Tunnel Car Wash

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 88,000

88,026

Franks Car Wash Express*

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 107,000

106,558

Racer Classic Car Wash

Business Acquisition [Line Items]

Number of car wash sites | car_wash_site

Total consideration

$ 65,000

$ 64,843

2021 Maintenance Acquisitions

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Cash used in business acquisitions, net of cash acquired

$ 37,000

Total consideration

$ 37,271

Number of maintenance sites | maintenance_site

2021 PC&G Acquisitions

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Cash used in business acquisitions, net of cash acquired

$ 33,000

Total consideration

$ 32,972

Number of collision sites | collision_site

2021 PC&G Acquisitions | Car Wash

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Cash used in business acquisitions, net of cash acquired

$ 9,000

2021 PC&G Acquisitions | Maintenance

Business Acquisition [Line Items]

Number of businesses acquired | acquisition

Cash used in business acquisitions, net of cash acquired

$ 7,000

2021 Car Wash And Maintenance Acquisitions

Business Acquisition [Line Items]

Consideration liability

24,000

2021 And 2022 Acquisitions

Business Acquisition [Line Items]

Consideration liability

23,000

Payment of contingent consideration related to acquisitions

$ 6,000

2020 Acquisitions

Business Acquisition [Line Items]

Consideration liability

$ 5,000

Acquisitions and Dispositions_2

Acquisitions and Dispositions - Schedule of Estimated Purchase Price Allocation (Details) - USD ($) $ in Thousands				9 Months Ended	12 Months Ended
	Oct. 27, 2021	Jul. 14, 2021	May 20, 2021	Sep. 24, 2022	Dec. 25, 2021
Liabilities:
Goodwill				$ 2,082,572	$ 1,910,392
2022 PC&G Acquisitions
Assets:
Cash				7,564
ROU Asset				690
Operating lease ROU Asset				10,738
Prepaid rent				357
Land				23
Equipment				4,567
Vehicles				870
Furniture and Fixtures				40
Inventory				2,140
Accounts and Notes receivable				3,505
Prepaid expenses				250
Other Assets				1,035
Leasehold improvements				0
Deferred tax assets				71
Assets acquired				142,850
Liabilities:
Prepaid liability				579
Trade Payable				1,911
Accrued Expenses and other long-term liabilities				303
Taxes Payable				272
Long Term Debt- Current				46
Long Term Debt				59
Lease liability				733
Operating lease liability - Current				3,017
Operating lease liability - Non-current				6,987
Total liabilities assumed				13,907
Net assets acquired				128,943
Total consideration				389,382
Goodwill				260,439
2022 PC&G Acquisitions \| Trade names
Assets:
Intangible				39,000
2022 PC&G Acquisitions \| Customer Relationships
Assets:
Intangible				72,000
2022 PC&G Acquisitions \| Auto Glass Fitters Inc.
Assets:
Cash				0
ROU Asset				0
Operating lease ROU Asset				0
Prepaid rent				0
Land				0
Equipment				0
Vehicles				417
Furniture and Fixtures				0
Inventory				0
Accounts and Notes receivable				0
Prepaid expenses				0
Other Assets				974
Leasehold improvements				0
Deferred tax assets				0
Assets acquired				21,991
Liabilities:
Prepaid liability				174
Trade Payable				0
Accrued Expenses and other long-term liabilities				0
Taxes Payable				0
Long Term Debt- Current				0
Long Term Debt				0
Lease liability				0
Operating lease liability - Current				0
Operating lease liability - Non-current				0
Total liabilities assumed				174
Net assets acquired				21,817
Total consideration				70,826
Goodwill				49,009
2022 PC&G Acquisitions \| Auto Glass Fitters Inc. \| Trade names
Assets:
Intangible				800
2022 PC&G Acquisitions \| Auto Glass Fitters Inc. \| Customer Relationships
Assets:
Intangible				19,800
2022 PC&G Acquisitions \| Jack Morris Auto Glass
Assets:
Cash				3
ROU Asset				0
Operating lease ROU Asset				0
Prepaid rent				0
Land				0
Equipment				1,200
Vehicles				0
Furniture and Fixtures				0
Inventory				1,067
Accounts and Notes receivable				1,069
Prepaid expenses				0
Other Assets				0
Leasehold improvements				0
Deferred tax assets				0
Assets acquired				19,439
Liabilities:
Prepaid liability				294
Trade Payable				0
Accrued Expenses and other long-term liabilities				0
Taxes Payable				0
Long Term Debt- Current				0
Long Term Debt				0
Lease liability				0
Operating lease liability - Current				0
Operating lease liability - Non-current				0
Total liabilities assumed				294
Net assets acquired				19,145
Total consideration				54,853
Goodwill				35,708
2022 PC&G Acquisitions \| Jack Morris Auto Glass \| Trade names
Assets:
Intangible				400
2022 PC&G Acquisitions \| Jack Morris Auto Glass \| Customer Relationships
Assets:
Intangible				15,700
2022 PC&G Acquisitions \| K&K Glass
Assets:
Cash				0
ROU Asset				0
Operating lease ROU Asset				0
Prepaid rent				0
Land				0
Equipment				1,500
Vehicles				0
Furniture and Fixtures				0
Inventory				500
Accounts and Notes receivable				0
Prepaid expenses				0
Other Assets				56
Leasehold improvements				0
Deferred tax assets				0
Assets acquired				18,656
Liabilities:
Prepaid liability				111
Trade Payable				0
Accrued Expenses and other long-term liabilities				0
Taxes Payable				0
Long Term Debt- Current				0
Long Term Debt				0
Lease liability				0
Operating lease liability - Current				0
Operating lease liability - Non-current				0
Total liabilities assumed				111
Net assets acquired				18,545
Total consideration				39,945
Goodwill				21,400
2022 PC&G Acquisitions \| K&K Glass \| Trade names
Assets:
Intangible				400
2022 PC&G Acquisitions \| K&K Glass \| Customer Relationships
Assets:
Intangible				16,200
2022 PC&G Acquisitions \| All Star Glass
Assets:
Cash				7,553
ROU Asset				0
Operating lease ROU Asset				734
Prepaid rent				0
Land				0
Equipment				537
Vehicles				0
Furniture and Fixtures				0
Inventory				546
Accounts and Notes receivable				2,436
Prepaid expenses				250
Other Assets				5
Leasehold improvements				0
Deferred tax assets				0
Assets acquired				20,761
Liabilities:
Prepaid liability				0
Trade Payable				1,911
Accrued Expenses and other long-term liabilities				303
Taxes Payable				272
Long Term Debt- Current				46
Long Term Debt				59
Lease liability				733
Operating lease liability - Current				0
Operating lease liability - Non-current				0
Total liabilities assumed				3,324
Net assets acquired				17,437
Total consideration				43,740
Goodwill				26,303
2022 PC&G Acquisitions \| All Star Glass \| Trade names
Assets:
Intangible				600
2022 PC&G Acquisitions \| All Star Glass \| Customer Relationships
Assets:
Intangible				8,100
2022 PC&G Acquisitions \| Auto Glass Now
Assets:
Cash				7
ROU Asset				690
Operating lease ROU Asset				10,003
Prepaid rent				327
Land				23
Equipment				428
Vehicles				453
Furniture and Fixtures				40
Inventory				0
Accounts and Notes receivable				0
Prepaid expenses				0
Other Assets				0
Leasehold improvements				0
Deferred tax assets				0
Assets acquired				60,971
Liabilities:
Prepaid liability				0
Trade Payable				0
Accrued Expenses and other long-term liabilities				0
Taxes Payable				0
Long Term Debt- Current				0
Long Term Debt				0
Lease liability				0
Operating lease liability - Current				3,017
Operating lease liability - Non-current				6,987
Total liabilities assumed				10,004
Net assets acquired				50,967
Total consideration				170,636
Goodwill				119,669
2022 PC&G Acquisitions \| Auto Glass Now \| Trade names
Assets:
Intangible				36,800
2022 PC&G Acquisitions \| Auto Glass Now \| Customer Relationships
Assets:
Intangible				12,200
2022 PC&G Acquisitions \| All Other Paint, Collision & Glass
Assets:
Cash				2
ROU Asset				0
Operating lease ROU Asset				0
Prepaid rent				30
Land				0
Equipment				902
Vehicles				0
Furniture and Fixtures				0
Inventory				27
Accounts and Notes receivable				0
Prepaid expenses				0
Other Assets				0
Leasehold improvements				0
Deferred tax assets				71
Assets acquired				1,032
Liabilities:
Prepaid liability				0
Trade Payable				0
Accrued Expenses and other long-term liabilities				0
Taxes Payable				0
Long Term Debt- Current				0
Long Term Debt				0
Lease liability				0
Operating lease liability - Current				0
Operating lease liability - Non-current				0
Total liabilities assumed				0
Net assets acquired				1,032
Total consideration				9,382
Goodwill				8,350
2022 PC&G Acquisitions \| All Other Paint, Collision & Glass \| Trade names
Assets:
Intangible				0
2022 PC&G Acquisitions \| All Other Paint, Collision & Glass \| Customer Relationships
Assets:
Intangible				0
2022 Car Wash Acquisitions
Assets:
Cash				59
Land				20,060
Equipment				22,598
Building				125,980
Deferred tax assets				2,868
Land Improvements				0
Assets acquired				171,565
Liabilities:
Prepaid liability				541
Total liabilities assumed				541
Net assets acquired				171,024
Total consideration				266,793
Goodwill				95,769
2022 Car Wash Acquisitions \| Speedy Shine Express Car Wash
Assets:
Cash				4
Land				1,560
Equipment				2,580
Building				12,060
Deferred tax assets				12
Land Improvements				0
Assets acquired				16,216
Liabilities:
Prepaid liability				8
Total liabilities assumed				8
Net assets acquired				16,208
Total consideration				33,496
Goodwill				17,288
2022 Car Wash Acquisitions \| Jimmy Clean Car Wash
Assets:
Cash				6
Land				1,900
Equipment				2,210
Building				9,290
Deferred tax assets				2,116
Land Improvements				0
Assets acquired				15,522
Liabilities:
Prepaid liability				110
Total liabilities assumed				110
Net assets acquired				15,412
Total consideration				31,896
Goodwill				16,484
2022 Car Wash Acquisitions \| All Other Car Wash
Assets:
Cash				49
Land				16,600
Equipment				17,808
Building				104,630
Deferred tax assets				740
Land Improvements				0
Assets acquired				139,827
Liabilities:
Prepaid liability				423
Total liabilities assumed				423
Net assets acquired				139,404
Total consideration				201,401
Goodwill				61,997
2022 Maintenance Acquisitions
Assets:
Cash				1
Prepaid rent				0
Land				510
Equipment				485
Building				3,845
Inventory				226
Prepaid expenses				71
Deferred tax assets				55
Land Improvements				0
Assets acquired				5,193
Liabilities:
Total liabilities assumed				168
Net assets acquired				5,025
Total consideration				20,517
Goodwill				$ 15,492
Magic Tunnel Car Wash
Assets:
Cash					26
ROU Asset					0
Land					13,020
Equipment					13,800
Building					48,380
Inventory					0
Intangible					700
Deferred tax assets					0
Assets held for sale					0
Assets acquired					75,926
Liabilities:
Lease liability					0
Accrued liabilities					0
Deferred tax liability					0
Total liabilities assumed					0
Net assets acquired					75,926
Total consideration	$ 88,000				88,026
Goodwill					12,100
Franks Car Wash Express*
Assets:
Cash					38
ROU Asset					0
Land					10,790
Equipment					7,377
Building					48,570
Inventory					0
Intangible					800
Deferred tax assets					94
Assets held for sale					0
Assets acquired					67,669
Liabilities:
Lease liability					0
Accrued liabilities					50
Deferred tax liability					0
Total liabilities assumed					50
Net assets acquired					67,619
Total consideration		$ 107,000			106,558
Goodwill					38,939
Racer Classic Car Wash
Assets:
Cash					18
ROU Asset					2,587
Land					6,920
Equipment					5,698
Building					31,490
Inventory					311
Intangible					550
Deferred tax assets					0
Assets held for sale					0
Assets acquired					47,574
Liabilities:
Lease liability					2,687
Accrued liabilities					155
Deferred tax liability					758
Total liabilities assumed					3,600
Net assets acquired					43,974
Total consideration			$ 65,000		64,843
Goodwill					20,869
All Other
Assets:
Cash					165
ROU Asset					12,277
Land					45,455
Equipment					59,578
Building					270,155
Inventory					0
Intangible					0
Deferred tax assets					1,596
Assets held for sale					996
Assets acquired					390,222
Liabilities:
Lease liability					12,277
Accrued liabilities					304
Deferred tax liability					0
Total liabilities assumed					12,581
Net assets acquired					377,641
Total consideration					472,721
Goodwill					95,080
2021 Car Wash Acquisitions
Assets:
Cash					247
ROU Asset					14,864
Land					76,185
Equipment					86,453
Building					398,595
Inventory					311
Intangible					2,050
Deferred tax assets					1,690
Assets held for sale					996
Assets acquired					581,391
Liabilities:
Lease liability					14,964
Accrued liabilities					509
Deferred tax liability					758
Total liabilities assumed					16,231
Net assets acquired					565,160
Total consideration					732,148
Goodwill					166,988
2021 Maintenance Acquisitions
Assets:
Cash					2
Land					4,425
Equipment					1,450
Building					13,220
Inventory					200
Deferred tax assets					90
Assets held for sale					3,275
Assets acquired					22,662
Liabilities:
Prepaid liability					52
Total liabilities assumed					52
Net assets acquired					22,610
Total consideration					37,271
Goodwill					14,661
2021 PC&G Acquisitions
Assets:
ROU Asset					7,672
Equipment					1,512
Inventory					107
Intangible					6,707
Assets acquired					15,998
Liabilities:
Lease liability					7,664
Accrued liabilities					5
Off-market lease component					99
Total liabilities assumed					7,768
Net assets acquired					8,230
Total consideration					32,972
Goodwill					$ 24,742

Acquisitions and Dispositions_3

Acquisitions and Dispositions - Schedule of Pro Forma Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021	Dec. 25, 2021	Dec. 26, 2020
Car Wash Acquisitions
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue	$ 7,357		$ 11,629
Net income attributable to Driven Brands Holdings Inc.	1,889		2,883
Glass Acquisitions
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue	47,948		97,941
Net income attributable to Driven Brands Holdings Inc.	7,703		13,780
Car Wash & Glass Acquisitions
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue	55,305		109,570
Net income attributable to Driven Brands Holdings Inc.	9,592		16,663
Driven Brands Holdings Consolidated Pro-forma
Business Acquisition, Pro Forma Information [Abstract]
Revenue	532,299	$ 442,287	1,599,438	$ 1,280,691
Net income attributable to Driven Brands Holdings Inc.	$ 39,398	$ 46,080	$ 34,793	$ 88,930
2021 Car Wash Acquisitions
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue					$ 48,648
Net income attributable to Driven Brands Holdings Inc.					11,693
Business Acquisition, Pro Forma Information [Abstract]
Revenue					1,613,479	$ 1,026,012
Net income attributable to Driven Brands Holdings Inc.					$ 47,272	$ 20,558

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021	Dec. 25, 2021
Revenue from Contract with Customer [Abstract]
Capitalized costs to obtain a contract	$ 10,000	$ 0	$ 10,000	$ 0	$ 11,000
Deferred revenue	42,024		42,024		37,576
Contract liabilities	40,000		40,000		$ 27,000
Revenue recognized (less than)	$ 1,000	$ 1,000	$ 3,000	$ 2,000

Segment Information - Schedule

Segment Information - Schedule of Segment Results (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Segment Reporting Information [Line Items]
Total revenue	$ 516,594	$ 371,148	$ 1,493,541	$ 1,075,395
Segment Adjusted EBITDA			385,215	278,094
Franchise royalties and fees
Segment Reporting Information [Line Items]
Total revenue	45,562	38,953	128,300	107,240
Company-operated store sales
Segment Reporting Information [Line Items]
Total revenue	341,211	213,755	957,487	603,808
Independently-operated store sales
Segment Reporting Information [Line Items]
Total revenue	40,469	47,941	158,500	160,483
Advertising fund contributions
Segment Reporting Information [Line Items]
Total revenue	22,018	19,762	63,807	56,665
Supply and other revenue
Segment Reporting Information [Line Items]
Total revenue	67,334	50,737	185,447	147,199
Operating Segments \| Maintenance
Segment Reporting Information [Line Items]
Total revenue	200,822	144,457	573,869	417,617
Segment Adjusted EBITDA	68,763	47,894	185,324	132,895
Operating Segments \| Maintenance \| Franchise royalties and fees
Segment Reporting Information [Line Items]
Total revenue	11,625	9,635	32,586	26,651
Operating Segments \| Maintenance \| Company-operated store sales
Segment Reporting Information [Line Items]
Total revenue	172,162	125,561	497,638	365,735
Operating Segments \| Maintenance \| Independently-operated store sales
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Maintenance \| Advertising fund contributions
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Maintenance \| Supply and other revenue
Segment Reporting Information [Line Items]
Total revenue	17,035	9,261	43,645	25,231
Operating Segments \| Car Wash
Segment Reporting Information [Line Items]
Total revenue	140,303	123,562	458,157	362,141
Segment Adjusted EBITDA	39,098	37,999	148,495	115,223
Operating Segments \| Car Wash \| Franchise royalties and fees
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Car Wash \| Company-operated store sales
Segment Reporting Information [Line Items]
Total revenue	98,235	74,105	294,526	196,858
Operating Segments \| Car Wash \| Independently-operated store sales
Segment Reporting Information [Line Items]
Total revenue	40,469	47,941	158,500	160,483
Operating Segments \| Car Wash \| Advertising fund contributions
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Car Wash \| Supply and other revenue
Segment Reporting Information [Line Items]
Total revenue	1,599	1,516	5,131	4,800
Operating Segments \| Paint, Collision & Glass
Segment Reporting Information [Line Items]
Total revenue	113,250	50,575	288,133	145,041
Segment Adjusted EBITDA	38,919	22,039	100,847	61,534
Operating Segments \| Paint, Collision & Glass \| Franchise royalties and fees
Segment Reporting Information [Line Items]
Total revenue	24,055	20,280	69,025	57,578
Operating Segments \| Paint, Collision & Glass \| Company-operated store sales
Segment Reporting Information [Line Items]
Total revenue	69,413	12,723	161,531	37,672
Operating Segments \| Paint, Collision & Glass \| Independently-operated store sales
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Paint, Collision & Glass \| Advertising fund contributions
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Paint, Collision & Glass \| Supply and other revenue
Segment Reporting Information [Line Items]
Total revenue	19,782	17,572	57,577	49,791
Operating Segments \| Platform Services
Segment Reporting Information [Line Items]
Total revenue	51,999	42,061	148,368	121,498
Segment Adjusted EBITDA	19,765	16,254	54,471	44,864
Operating Segments \| Platform Services \| Franchise royalties and fees
Segment Reporting Information [Line Items]
Total revenue	9,882	9,038	26,689	23,011
Operating Segments \| Platform Services \| Company-operated store sales
Segment Reporting Information [Line Items]
Total revenue	1,431	1,465	3,975	3,911
Operating Segments \| Platform Services \| Independently-operated store sales
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Platform Services \| Advertising fund contributions
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Operating Segments \| Platform Services \| Supply and other revenue
Segment Reporting Information [Line Items]
Total revenue	40,686	31,558	117,704	94,576
Corporate and Other
Segment Reporting Information [Line Items]
Total revenue	10,220	10,493	25,014	29,098
Segment Adjusted EBITDA	(36,437)	(25,558)	(103,922)	(76,422)
Corporate and Other \| Franchise royalties and fees
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Corporate and Other \| Company-operated store sales
Segment Reporting Information [Line Items]
Total revenue	(30)	(99)	(183)	(368)
Corporate and Other \| Independently-operated store sales
Segment Reporting Information [Line Items]
Total revenue	0	0	0	0
Corporate and Other \| Advertising fund contributions
Segment Reporting Information [Line Items]
Total revenue	22,018	19,762	63,807	56,665
Corporate and Other \| Supply and other revenue
Segment Reporting Information [Line Items]
Total revenue	$ (11,768)	$ (9,170)	$ (38,610)	$ (27,199)

Segment Information - Reconcili

Segment Information - Reconciliation of Segment Adjusted EBITDA to Income Before Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Segment Reporting Information [Line Items]
Income (loss) before taxes	$ 52,863	$ 44,966	$ 24,367	$ 72,766
Depreciation and amortization	36,518	28,447	107,628	78,722
Interest expense, net	27,323	17,688	78,946	52,390
Acquisition related costs	2,325	636	9,981	2,674
Store opening costs	753	666	1,925	1,360
Bad debt expense			1,011	2,535
Trade name impairment charge	0	0	125,450	0
Loss on debt extinguishment	0	0	0	45,576
Segment Adjusted EBITDA			385,215	278,094
Trade names
Segment Reporting Information [Line Items]
Trade name impairment charge	125,500
Segment Reconciling Items
Segment Reporting Information [Line Items]
Acquisition related costs	2,325	636	9,981	2,674
Non-core items and project costs, net	851	1,357	3,436	3,910
Store opening costs	753	666	1,925	1,360
Straight-line rent adjustments	3,220	2,548	11,530	8,391
Equity-based compensation expense	5,308	933	12,159	2,944
Foreign currency transaction (gain) / loss, net	15,582	1,074	30,490	6,356
Bad debt expense	(449)	0	(449)	0
Asset sale leaseback (gain) loss, impairment and closed store expenses	(14,186)	313	(20,248)	3,005
Loss on debt extinguishment	0	0	0	45,576
Segment Adjusted EBITDA	130,108	98,628	385,215	278,094
Segment Reconciling Items \| Trade names
Segment Reporting Information [Line Items]
Trade name impairment charge	$ 0	$ 0	$ 125,450	$ 0

Other Intangible Assets - Narra

Other Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Indefinite-Lived Intangible Assets [Line Items]
Intangible assets	$ 131,500		$ 131,500
Trade name impairment charge	0	$ 0	125,450	$ 0
Trade names
Indefinite-Lived Intangible Assets [Line Items]
Intangible assets fair value	6,000		$ 6,000
Trade name impairment charge	$ 125,500

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 24, 2022	Dec. 25, 2021
Debt Instrument [Line Items]
Total debt	$ 2,721,253	$ 2,430,333
Less: unamortized debt issuance costs	(40,897)	(47,969)
Less: current portion of long-term debt	(23,836)	(26,044)
Total long-term debt, net	2,656,520	2,356,320
Senior notes \| Series 2018-1 Securitization Senior Notes, Class A-2
Debt Instrument [Line Items]
Total debt	262,625	264,688
Senior notes \| Series 2019-1 Securitization Senior Notes, Class A-2
Debt Instrument [Line Items]
Total debt	288,750	291,000
Senior notes \| Series 2019-2 Securitization Senior Notes, Class A-2
Debt Instrument [Line Items]
Total debt	266,750	268,813
Senior notes \| Series 2019-3 Variable Funding Securitization Senior Notes, Class A-1
Debt Instrument [Line Items]
Total debt	0	0
Senior notes \| Series 2020-1 Securitization Senior Notes, Class A-2
Debt Instrument [Line Items]
Total debt	171,063	172,375
Senior notes \| Series 2020-2 Securitization Senior Notes, Class A-2
Debt Instrument [Line Items]
Total debt	442,125	445,500
Senior notes \| Series 2021-1 Securitization Senior Notes, Class A-2
Debt Instrument [Line Items]
Total debt	445,500	448,875
Term Loan Facility
Debt Instrument [Line Items]
Total debt	498,750	500,000
Revolving Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Total debt	300,000	0
Other debt
Debt Instrument [Line Items]
Total debt	$ 45,690	$ 39,082

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details) - Revolving Credit Facility - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
	May 31, 2021	Sep. 24, 2022	Sep. 24, 2022	Dec. 31, 2019
Series 2019-3 Variable Funding Senior Notes, Class A-1
Debt Instrument [Line Items]
Aggregate principal amount				$ 115,000,000
Outstanding debt		$ 0	$ 0
Borrowings or repayments of debt		0	0
Outstanding letters of credit		18,000,000	18,000,000
Driven Holdings Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal amount	$ 300,000,000
Outstanding debt		300,000,000	300,000,000
Repayment of debt		$ 0	$ 0
Driven Holdings Revolving Credit Facility \| Revolving Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Margin rate	1.50%
Driven Holdings Revolving Credit Facility \| Revolving Credit Facility \| London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Margin rate	1.75%

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Sep. 24, 2022	Dec. 25, 2021
Right-of-use assets
Finance leases	$ 38,997	$ 29,766
Operating leases	1,089,693	995,625
Total right-of-use assets	1,128,690	1,025,391
Current lease liabilities
Finance leases	4,018	3,101
Operating leases	70,837	57,588
Total current lease liabilities	74,855	60,689
Long-term lease liabilities
Finance leases	37,296	27,957
Operating leases	1,024,694	931,604
Total long-term lease liabilities	$ 1,061,990	$ 959,561
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property and equipment, net	Property and equipment, net
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Current portion of long term debt	Current portion of long term debt
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-term debt	Long-term debt

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Cost and Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Finance lease expense:
Amortization of right-of-use assets	$ 1,338	$ 715	$ 3,730	$ 1,970
Interest on lease liabilities	493	299	1,354	796
Operating lease expense	31,858	29,028	95,066	85,564
Short-term lease expense	431	523	1,408	1,619
Variable lease expense	405	206	1,191	692
Total lease expense	$ 34,525	$ 30,771	$ 102,749	$ 90,641

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended
Leases - Narrative (Details) $ in Thousands	Sep. 24, 2022 USD ($)	Sep. 25, 2021 USD ($)	Sep. 24, 2022 USD ($)	Sep. 25, 2021 USD ($)	Sep. 24, 2022 USD ($)	Sep. 24, 2022 car_wash_site	Sep. 24, 2022 maintenance_site	Dec. 25, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Sublease revenue	$ 2,000	$ 5,000	$ 2,000	$ 5,000
Number cash wash properties sold						30	7
Total consideration					$ 156,000
Net gain on sale			$ 18,000
Operating lease right-of-use assets					1,089,693			$ 995,625
March 2021 Operating Lease Agreements
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets					121,000
Operating lease liability					$ 121,000
Minimum \| March 2021 Operating Lease Agreements
Lessee, Lease, Description [Line Items]
Lease term	15 years		15 years
Renewal term	20 years		20 years
Maximum \| March 2021 Operating Lease Agreements
Lessee, Lease, Description [Line Items]
Lease term	20 years		20 years
Renewal term	25 years		25 years

Leases - Cash Flows Related to

Leases - Cash Flows Related to Lease Arrangements (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$ 86,423	$ 79,310
Operating cash flows used in finance leases	1,214	736
Financing cash flows used in finance leases	1,185	921
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	72,395	75,268
Finance leases	$ 6,583	$ 7,249

Equity-based Compensation (Deta

Equity-based Compensation (Details) $ in Millions	3 Months Ended			9 Months Ended
Equity-based Compensation (Details) $ in Millions	Sep. 24, 2022 USD ($) franchise_location shares	Jun. 25, 2022	Mar. 26, 2022	Sep. 24, 2022 USD ($) franchise_location shares
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of granted new awards (in shares) \| shares	10,178			264,652
Grant-date fair value of PSUs granted				$ 7
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of granted new awards (in shares) \| shares	12,750			488,488
Number of vesting installments \| franchise_location	3			3
Award vesting period				3 years
Expected term	3 years	3 years	3 years
Expected volatility rate	41%	43.90%	40.90%
Risk-free interest rate	58.80%	59.50%	50.70%
Performance stock units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage				0%
Performance stock units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage				200%
Restricted stock award, performance based PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant-date fair value of PSUs granted	$ 1			$ 8
Restricted stock award, market-based PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant-date fair value of PSUs granted	$ 1			$ 8

Equity-based Compensation - Com

Equity-based Compensation - Company Recorded Share-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Share-Based Payment Arrangement [Abstract]
Share-based compensation expense	$ 5,000	$ 1,000	$ 12,000	$ 3,000

Earnings per share - Schedule o

Earnings per share - Schedule of Basic and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Basic earnings per share:
Net income attributable to Driven Brands Holdings Inc.	$ 38,391	$ 33,124	$ 15,790	$ 48,389
Less: Net income attributable to participating securities, basic	809	709	335	1,057
Net income after participating securities, basic	$ 37,583	$ 32,415	$ 15,455	$ 47,332
Weighted-average common shares outstanding (in shares)	162,760	162,635	162,768	160,030
Basic earnings per share (in dollars per share)	$ 0.23	$ 0.20	$ 0.10	$ 0.30
Diluted earnings per share:
Less: Net income attributable to participating securities, diluted	$ 721	$ 632	$ 299	$ 942
Net income after participating securities, diluted	$ 37,670	$ 32,492	$ 15,491	$ 47,447
Dilutive effect of share-based awards (in shares)	4,071	3,995	3,895	3,938
Weighted-average common shares outstanding, as adjusted (in shares)	166,831	166,630	166,663	163,968
Diluted earnings per share (in dollars per share)	$ 0.23	$ 0.19	$ 0.09	$ 0.29

Earnings per share - Narrative

Earnings per share - Narrative (Details) - shares	3 Months Ended	9 Months Ended
Earnings per share - Narrative (Details) - shares	Sep. 24, 2022	Sep. 24, 2022
Earnings Per Share [Abstract]
Performance awards contingent on performance conditions which have not been met yet (in shares)	4,687,354	4,687,354

Earnings per share - Schedule_2

Earnings per share - Schedule of Antidilutive Shares (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	2,028	0	2,028	38
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	28	0	28	2
Performance stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)
Stock/IPO options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	2,000	0	2,000	36
Employee stock purchase plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Sep. 24, 2022	Sep. 25, 2021	Sep. 24, 2022	Sep. 25, 2021
Income Tax Disclosure [Abstract]
Income tax expense	$ 14,472	$ 11,880	$ 8,592	$ 24,445
Effective income tax rate	27.40%	26.40%	35.30%	33.60%

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event - USD ($) $ in Millions	1 Months Ended
	Nov. 04, 2022	Oct. 05, 2022
Car Wash
Subsequent Event [Line Items]
Payments to acquire businesses, gross	$ 38
Senior notes \| Series 2022-1 Securitization Senior Notes, Class A-2
Subsequent Event [Line Items]
Debt issued		$ 365
Interest rate		7.393%
Senior notes \| 2022-1 Class A-1 securitzation Senior Notes
Subsequent Event [Line Items]
Debt issued		$ 135