Dutch Bros (BROS) 10-Q 10 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 01, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-40798
Entity Registrant Name	DUTCH BROS INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-1041305
Entity Address, Address Line One	110 SW 4th Street
Entity Address, City or Town	Grants Pass,
Entity Address, State or Province	OR
Entity Address, Postal Zip Code	97526
City Area Code	541
Local Phone Number	955-4700
Title of 12(b) Security	Class A Common Stock, par value $0.00001 per share
Trading Symbol	BROS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001866581
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		45,666,036
Class B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		64,699,136
Class C common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		41,056,429
Class D common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		12,411,419

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 14,296	$ 20,178
Accounts receivable, net	8,778	11,966
Inventories, net	43,957	39,229
Prepaid expenses and other current assets	14,283	10,949
Total current assets	81,314	82,322
Property and equipment, net	402,841	365,468
Finance lease right-of-use assets, net	288,560	247,943
Operating lease right-of-use assets, net	174,673	169,302
Intangibles, net	7,893	8,804
Goodwill	21,629	21,629
Deferred income tax assets, net	286,385	288,765
Other long-term assets	1,670	2,127
Total assets	1,264,965	1,186,360
Current liabilities:
Accounts payable	24,092	21,270
Accrued liabilities	28,363	27,452
Other current liabilities	7,299	7,860
Deferred revenue	21,815	25,335
Line of credit	150,978	110,865
Current portion of finance lease liabilities	8,129	7,971
Current portion of operating lease liabilities	9,536	9,317
Current portion of long-term debt	2,611	2,609
Total current liabilities	252,823	212,679
Deferred revenue, net of current portion	6,104	6,119
Tax receivable agreements liability, net of current portion	219,629	220,923
Finance lease liabilities, net of current portion	275,639	237,130
Operating lease liabilities, net of current portion	166,345	161,228
Long-term debt, net of current portion	95,714	96,297
Other long-term liabilities	8	8
Total liabilities	1,016,262	934,384
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred stock, $0.00001 par value per share - 20,000 shares authorized; zero shares issued and outstanding as of March 31, 2023 and December 31, 2022	0	0
Additional paid in capital	148,873	145,613
Accumulated other comprehensive income	590	813
Accumulated deficit	(21,152)	(17,310)
Total stockholders' equity attributable to Dutch Bros Inc.	128,313	129,118
Non-controlling interests	120,390	122,858
Total equity	248,703	251,976
Total liabilities and equity	1,264,965	1,186,360
Class A common stock
Stockholders’ equity:
Common stock	1	1
Class B common stock
Stockholders’ equity:
Common stock	1	1
Class C common stock
Stockholders’ equity:
Common stock	0	0
Class D common stock
Stockholders’ equity:
Common stock	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, authorized (in Shares)	20,000,000	20,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding ( in shares)	0	0
Class A common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	400,000,000	400,000,000
Common stock, issued (in shares)	45,666,000	45,544,000
Common stock, outstanding (in shares)	45,666,000	45,544,000
Class B common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	144,000,000	144,000,000
Common stock, issued (in shares)	64,699,000	64,699,000
Common stock, outstanding (in shares)	64,699,000	64,699,000
Class C common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	105,000,000	105,000,000
Common stock, issued (in shares)	41,056,000	41,056,000
Common stock, outstanding (in shares)	41,056,000	41,056,000
Class D common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	42,000,000	42,000,000
Common stock, issued (in shares)	12,411,000	12,411,000
Common stock, outstanding (in shares)	12,411,000	12,411,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
REVENUES
Total revenues	$ 197,267	$ 152,156
COSTS AND EXPENSES
Cost of sales	151,523	121,167
Selling, general and administrative	45,976	45,214
Total costs and expenses	197,499	166,381
LOSS FROM OPERATIONS	(232)	(14,225)
OTHER EXPENSE
Interest expense, net	(7,886)	(2,489)
Other income	1,307	221
Total other expense	(6,579)	(2,268)
LOSS BEFORE INCOME TAXES	(6,811)	(16,493)
Income tax expense (benefit)	2,580	(214)
NET LOSS	(9,391)	(16,279)
Less: Net loss attributable to non-controlling interests	(5,549)	(11,332)
NET LOSS ATTRIBUTABLE TO DUTCH BROS INC.	$ (3,842)	$ (4,947)
Net loss per share of Class A and Class D common stock:
Basic (in dollars per share)	$ (0.07)	$ (0.10)
Diluted (in dollars per share)	$ (0.07)	$ (0.10)
Weighted-average shares of Class A and Class D common stock outstanding:
Basic (in shares)	56,664	48,059
Diluted (in shares)	56,664	48,059
Company-operated shops
REVENUES
Total revenues	$ 173,164	$ 130,187
Franchising and other
REVENUES
Total revenues	$ 24,103	$ 21,969

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net loss	$ (9,391)	$ (16,279)
Other comprehensive loss:
Unrealized loss on derivative securities, effective portion, net of income tax benefit of $80 and —, respectively	(824)	0
Comprehensive loss	(10,215)	(16,279)
Less: comprehensive loss attributable to non-controlling interests	(6,150)	(11,332)
Comprehensive loss attributable to Dutch Bros Inc.	$ (4,065)	$ (4,947)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Unrealized loss on derivative securities, income tax benefit	$ 80	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Class A common stock	Class B common stock	Class C common stock	Class D common stock	Common Stock Class A common stock	Common Stock Class B common stock	Common Stock Class C common stock	Common Stock Class D common stock	Additional Paid-in-Capital	Accumulated Other Comprehensive Income	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Non-Controlling Interests	Non-Controlling Interests Cumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Dec. 31, 2021							34,433,000	64,699,000	49,006,000	15,441,000
Beginning balance at Dec. 31, 2021	$ 213,729	$ 1,343					$ 0	$ 1	$ 1	$ 0	$ 107,193		$ (12,679)	$ 386	$ 119,213	$ 957
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(16,279)												(4,947)		(11,332)
Unrealized loss on derivative securities, effective portion, net of income tax benefit												$ 0
Equity-based compensation expense	9,900										3,122				6,778
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax and forfeitures (in shares)							124,000
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax and forfeitures	(3,900)										(1,145)				(2,755)
Tax impact of other equity-based compensation transactions	8,657										8,657
Effect of exchange of Dutch Bros OpCo Class A common units	0										4,828				(4,828)
Surrender and cancellation of Class C & D common stock (in shares)							(5,000,000)		(3,620,000)	(1,379,000)
Ending balance (in shares) at Mar. 31, 2022							39,557,000	64,699,000	45,386,000	14,062,000
Ending balance at Mar. 31, 2022	213,450						$ 0	$ 1	$ 1	$ 0	122,655		(17,240)		108,033
Beginning balance (in shares) at Dec. 31, 2022			45,544,000	64,699,000	41,056,000	12,411,000	45,544,000	64,699,000	41,056,000	12,411,000
Beginning balance at Dec. 31, 2022	251,976						$ 1	$ 1	$ 0	$ 0	145,613	813	(17,310)		122,858
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(9,391)												(3,842)		(5,549)
Unrealized loss on derivative securities, effective portion, net of income tax benefit	(842)										(18)	(223)			(601)
Equity-based compensation expense	9,170										3,200				5,970
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax and forfeitures (in shares)							122,000
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax and forfeitures	(1,895)										(661)				(1,234)
Tax impact of other equity-based compensation transactions	(315)										(315)
Effect of exchange of Dutch Bros OpCo Class A common units	0										1,054				(1,054)
Ending balance (in shares) at Mar. 31, 2023			45,666,000	64,699,000	41,056,000	12,411,000	45,666,000	64,699,000	41,056,000	12,411,000
Ending balance at Mar. 31, 2023	$ 248,703						$ 1	$ 1	$ 0	$ 0	$ 148,873	$ 590	$ (21,152)		$ 120,390

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Unrealized loss on derivative securities, income tax benefit	$ 80	$ 0

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net loss	$ (9,391)	$ (16,279)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	14,779	9,182
Non-cash interest expense	182	147
(Gain) loss on disposal of assets	(232)	290
Equity-based compensation	9,170	9,900
Deferred income taxes	2,146	(511)
Remeasurement gain on TRAs	(1,294)	0
Non-cash operating leases	2,698	2,310
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net	3,188	(2,226)
Inventories, net	(4,728)	(3,515)
Prepaid expenses and other current assets	(3,450)	2,904
Other long-term assets	(349)	1,158
Accounts payable	462	(132)
Accrued liabilities	(3,432)	(1,903)
Other current liabilities	(561)	(193)
Deferred revenue	(3,535)	332
Other long-term liabilities	0	(8)
Operating lease liabilities	(2,576)	(2,212)
Net cash provided by (used in) operating activities	3,077	(756)
Cash flows from investing activities:
Purchases of property and equipment	(43,283)	(39,982)
Proceeds from disposal of fixed assets	240	12
Acquisition of shops from franchisees	0	(6,051)
Net cash used in investing activities	(43,043)	(46,021)
Cash flows from financing activities:
Proceeds from line of credit	40,000	62,705
Payments on finance lease liabilities	(3,369)	(997)
Payments on long-term debt	(651)	(34)
Payments of debt issuance costs	0	(2,749)
Tax withholding payments upon vesting of equity awards	(1,896)	(3,900)
Net cash provided by financing activities	34,084	55,025
Net increase (decrease) in cash and cash equivalents	(5,882)	8,248
Cash and cash equivalents, beginning of period	20,178	18,506
Cash and cash equivalents, end of period	14,296	26,754
Supplemental disclosure of cash flow information
Cash paid for interest	7,829	2,054
Income taxes paid	1,030	130
Supplemental disclosure of noncash investing and financing activities
Additions of property and equipment accrued as of end of period	13,434	1,959
Deferred offering costs accrued	0	250
Transfer between line of credit and term loan facility	$ 0	$ 100,000

Organization and Background

Organization and Background	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Background	NOTE 1 — Organization and Background Business Dutch Bros is in the business of operating and franchising drive-thru coffee shops as well as the wholesale and distribution of coffee, coffee-related products, and accessories. As of March 31, 2023, there were 716 shops in operation in 14 U.S. states, of which 438 were company-operated and 278 were franchised. Organization Dutch Bros Inc. was formed on June 4, 2021 as a Delaware corporation for the purpose of facilitating an IPO and other related transactions in order to carry on the business of Dutch Bros OpCo. The Company is the sole managing member of Dutch Bros OpCo and operates and controls all of the business and affairs of Dutch Bros OpCo. As a result, the Company consolidates the financial results of Dutch Bros OpCo and reports a non-controlling interest representing the economic interest in Dutch Bros OpCo held by the other members of Dutch Bros OpCo. The Company’s fiscal year end is December 31. As of March 31, 2023, the Company held 100.0% of the voting interest and 35.4% of the economic interest of Dutch Bros OpCo. The Continuing Members held none of the voting interest and the remaining 64.6% of the economic interest of Dutch Bros OpCo.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	NOTE 2 — Basis of Presentation and Summary of Significant Accounting Policies Financial Statements Presentation Advertising Expense Advertising expense was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Advertising expense $ 6,170 $ 7,624 Recently Adopted Accounting Standard In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers . The amendments in this update provide specific guidance to address diversity in practice related to (1) recognition of an acquired contract liability, and (2) payment terms and their effect on subsequent revenue recognized by the acquirer. The amendments in ASU 2021-08 are applied on a prospective basis, and are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted. The Company’s adoption of this standard effective January 1, 2023 did not have a material impact on its condensed consolidated financial statements.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	NOTE 3 — Revenue Recognition Revenue The following table disaggregates revenue by major component: Three Months Ended March 31, (in thousands) 2023 2022 Company-operated shops $ 173,164 $ 130,187 Franchising 22,645 20,773 Other 1,458 1,196 Total revenues $ 197,267 $ 152,156 Deferred Revenue Deferred revenue activity related to the Company’s loyalty and gift card programs was as follows: Three Months Ended March 31, (in thousands) 2023 2022 Beginning balance $ 26,904 $ 22,765 Revenue deferred - gift card activations, loyalty app loads, and loyalty points and rewards earned 78,711 53,107 Revenue recognized - gift card, loyalty app, and loyalty rewards redemptions, and breakage (79,729) (52,318) Ending balance 25,886 23,554 Less: current portion (21,754) (20,959) Deferred revenue, net of current portion, gift card and loyalty programs $ 4,132 $ 2,595 Revenue recognized related to gift card redemptions that was included in deferred revenue as of the end of the previous years was $3.2 million and $2.3 million for the three months ended March 31, 2023 and 2022, respectively. These amounts exclude cash loads and transactions for the Company’s loyalty rewards program. Deferred revenue also includes sales to distributors where the performance obligation has not been satisfied and control has not been transferred to the customer as of the reporting date, as well as initial unearned franchise fees from franchise partners. These deferred revenues reported in the Company’s condensed consolidated balance sheets were as follows: (in thousands) March 31, 2023 December 31, 2022 Outstanding performance obligations $ (370) $ 2,152 Initial unearned franchise fees from franchise partners 2,403 2,398 Total deferred revenue, excluding gift card and loyalty programs 2,033 4,550 Less: current portion (61) (2,587) Deferred revenue, net of current portion, excluding gift card and loyalty programs $ 1,972 $ 1,963 Revenue recognized from initial unearned franchise fees was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Earned franchise fees $ 114 $ 156 Revenue recognized from earned franchise fees that was included in unearned revenue at the beginning of the year was $0.1 million and $0.2 million for the three months ended March 31, 2023 and 2022, respectively. Future amortization of initial unearned franchise fees as of March 31, 2023 is as follows: (in thousands) Remainder of 2023 $ 329 2024 385 2025 331 2026 289 2027 244 Thereafter 825 Total $ 2,403

Shop Acquisitions

Shop Acquisitions	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Shop Acquisitions	NOTE 4 — Shop AcquisitionsDuring the three months ended March 31, 2023, the Company did not repurchase the franchise rights and assets of any shops from franchise partners.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2023
Inventory Disclosure [Abstract]
Inventories	NOTE 5 — Inventories Inventories, net consist of the following: (in thousands) March 31, 2023 December 31, 2022 Raw materials $ 24,721 $ 21,335 Finished goods 19,236 17,894 Total inventories $ 43,957 $ 39,229

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	NOTE 6 — Property and Equipment Property and equipment, net consists of the following: (in thousands) Useful Life (Years) March 31, 2023 December 31, 2022 Software 3 $ 7,430 $ 7,430 Equipment and fixtures 3 — 7 110,309 93,908 Leasehold improvements 5 — 15 32,926 29,985 Buildings 10 — 20 177,921 158,250 Land N/A 7,715 7,956 Aircraft 1 N/A 9,195 9,195 Construction-in-progress 2 N/A 139,280 131,240 Property and equipment, gross 484,776 437,964 Less: accumulated depreciation (81,935) (72,496) Property and equipment, net $ 402,841 $ 365,468 _______________ 1 Aircraft is depreciated under the consumption method. 2 Construction-in-progress primarily consists of construction and equipment costs for new and existing shops, as well as our new roasting facility in Texas. Depreciation expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended March 31, (in thousands) 2023 2022 Cost of sales $ 9,110 $ 7,568 Selling, general and administrative expenses 412 699 Total depreciation expense $ 9,522 $ 8,267 No impairment charges were recognized for the three months ended March 31, 2023 and 2022.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	NOTE 7 — Intangible Assets and Goodwill Intangible Assets The details of the intangible assets are as follows: (in thousands) Weighted-average amortization period (in years) March 31, 2023 December 31, 2022 Reacquired franchise rights 3.4 $ 27,049 $ 27,049 Less: accumulated amortization (19,156) (18,245) Intangibles, net $ 7,893 $ 8,804 Amortization expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended March 31, (in thousands) 2023 2022 Cost of sales $ 911 $ 915 The estimated future amortization expense of the reacquired franchise rights as of March 31, 2023 is as follows: (in thousands) Remainder of 2023 $ 2,478 2024 2,469 2025 1,435 2026 681 2027 383 Thereafter 447 Total $ 7,893 Goodwill Goodwill is allocated entirely to the Company-operated shops segment. The carrying amount and activity of goodwill was as follows: (in thousands) Balance, December 31, 2022 $ 21,629 Business combinations — Balance, March 31, 2023 $ 21,629 No impairment charges were recognized for the three months ended March 31, 2023 and 2022.

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	NOTE 8 — Leases Nature of Leases The Company leases all of its domestic company-operated shops, warehouse facilities, most headquarters buildings, and certain equipment under various non-cancelable lease agreements that expire on various dates through 2043. The Company’s real estate leases consist of commercial ground leases (land only) and build-to-suit leases (land and building). Generally, the Company’s real estate leases have an initial term of 15 years and typically include two to three renewal options of five-years each. These renewal options are included in the lease term when it is reasonably certain that the option will be exercised. For commercial ground leases, one five-year renewal is included in the Company’s initial lease term calculations. For operating leases, the Company recognizes straight-line lease expense over the lease term from the date the Company takes possession of the leased property. Lease expense incurred prior to lease commencement is included in the calculation of the right-of-use asset. Once a lease commences, the Company records lease expense in the Company’s condensed consolidated statements of operations. Variable lease costs generally include payments for additional rent such as real estate taxes, insurance, and common area maintenance, and are excluded from the measurement of the lease liability. A summary of finance and operating lease right-of-use assets and lease liabilities as of March 31, 2023 is as follows: (in thousands) Balance Sheet Classification March 31, December 31, Right-of-use assets Finance leases Finance lease right-of-use assets, net $ 288,560 $ 247,943 Operating leases Operating lease right-of-use assets, net 174,673 169,302 Total right-of-use assets $ 463,233 $ 417,245 Lease liabilities Finance leases Current portion of finance lease liabilities $ 8,129 $ 7,971 Finance lease liabilities, net of current portion 275,639 237,130 Operating leases Current portion of operating lease liabilities 9,536 9,317 Operating lease liabilities, net of current portion 166,345 161,228 Total lease liabilities $ 459,649 $ 415,646 The components of lease cost were as follows for the period presented: Three Months Ended March 31, (in thousands) Statement of Operations Classification 2023 2022 Finance lease cost Amortization of right-of-use assets Cost of sales $ 4,346 $ 2,194 Interest on lease liabilities Interest expense 3,455 1,723 Total finance lease cost 7,801 3,917 Operating lease cost Cost of sales 4,512 3,847 Variable lease cost Cost of sales 1,378 493 Total lease cost $ 13,691 $ 8,257 Future minimum lease payments for finance and operating lease liabilities as of March 31, 2023 are as follows: (in thousands) Finance Operating Remainder of 2023 $ 17,009 $ 12,609 2024 24,278 16,663 2025 24,565 16,416 2026 24,853 16,256 2027 25,597 15,933 Thereafter 316,961 164,248 Total $ 433,263 $ 242,125 Less: imputed interest (149,495) (66,244) Present value of minimum lease payments 283,768 175,881 Less: current portion (8,129) (9,536) Lease liabilities, net of current portion $ 275,639 $ 166,345 A summary of lease terms and discount rates for finance and operating leases is as follows: March 31, Weighted-average remaining lease term (years) Finance leases 16.2 Operating leases 14.9 Weighted-average discount rate (percentages) Finance leases 5.4% Operating leases 4.3% Supplemental cash flow information related to leases as of March 31, 2023 is as follows for the period presented: Three Months Ended March 31, (in thousands) 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 3,455 $ 1,723 Operating cash flows from operating leases 4,390 3,748 Financing cash flows from finance leases 3,369 997 Right-of-use assets obtained in exchange for lease obligations: Finance leases 42,036 64,954 Operating leases 7,912 157,249
Leases	NOTE 8 — Leases Nature of Leases The Company leases all of its domestic company-operated shops, warehouse facilities, most headquarters buildings, and certain equipment under various non-cancelable lease agreements that expire on various dates through 2043. The Company’s real estate leases consist of commercial ground leases (land only) and build-to-suit leases (land and building). Generally, the Company’s real estate leases have an initial term of 15 years and typically include two to three renewal options of five-years each. These renewal options are included in the lease term when it is reasonably certain that the option will be exercised. For commercial ground leases, one five-year renewal is included in the Company’s initial lease term calculations. For operating leases, the Company recognizes straight-line lease expense over the lease term from the date the Company takes possession of the leased property. Lease expense incurred prior to lease commencement is included in the calculation of the right-of-use asset. Once a lease commences, the Company records lease expense in the Company’s condensed consolidated statements of operations. Variable lease costs generally include payments for additional rent such as real estate taxes, insurance, and common area maintenance, and are excluded from the measurement of the lease liability. A summary of finance and operating lease right-of-use assets and lease liabilities as of March 31, 2023 is as follows: (in thousands) Balance Sheet Classification March 31, December 31, Right-of-use assets Finance leases Finance lease right-of-use assets, net $ 288,560 $ 247,943 Operating leases Operating lease right-of-use assets, net 174,673 169,302 Total right-of-use assets $ 463,233 $ 417,245 Lease liabilities Finance leases Current portion of finance lease liabilities $ 8,129 $ 7,971 Finance lease liabilities, net of current portion 275,639 237,130 Operating leases Current portion of operating lease liabilities 9,536 9,317 Operating lease liabilities, net of current portion 166,345 161,228 Total lease liabilities $ 459,649 $ 415,646 The components of lease cost were as follows for the period presented: Three Months Ended March 31, (in thousands) Statement of Operations Classification 2023 2022 Finance lease cost Amortization of right-of-use assets Cost of sales $ 4,346 $ 2,194 Interest on lease liabilities Interest expense 3,455 1,723 Total finance lease cost 7,801 3,917 Operating lease cost Cost of sales 4,512 3,847 Variable lease cost Cost of sales 1,378 493 Total lease cost $ 13,691 $ 8,257 Future minimum lease payments for finance and operating lease liabilities as of March 31, 2023 are as follows: (in thousands) Finance Operating Remainder of 2023 $ 17,009 $ 12,609 2024 24,278 16,663 2025 24,565 16,416 2026 24,853 16,256 2027 25,597 15,933 Thereafter 316,961 164,248 Total $ 433,263 $ 242,125 Less: imputed interest (149,495) (66,244) Present value of minimum lease payments 283,768 175,881 Less: current portion (8,129) (9,536) Lease liabilities, net of current portion $ 275,639 $ 166,345 A summary of lease terms and discount rates for finance and operating leases is as follows: March 31, Weighted-average remaining lease term (years) Finance leases 16.2 Operating leases 14.9 Weighted-average discount rate (percentages) Finance leases 5.4% Operating leases 4.3% Supplemental cash flow information related to leases as of March 31, 2023 is as follows for the period presented: Three Months Ended March 31, (in thousands) 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 3,455 $ 1,723 Operating cash flows from operating leases 4,390 3,748 Financing cash flows from finance leases 3,369 997 Right-of-use assets obtained in exchange for lease obligations: Finance leases 42,036 64,954 Operating leases 7,912 157,249

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	NOTE 9 — Debt Credit Facility On February 28, 2022 (the Effective Date), the Company amended its credit facility entered into on May 12, 2021 with JPMorgan Chase, N.A. (the Senior Secured Credit Facility). The amended facility (the 2022 Credit Facility) has a total capacity of $500 million, consisting of a $250 million revolving credit facility, a delayed draw term loan facility of up to $150 million, and a term loan facility of up to $100 million. The revolving credit facility includes sub-limits for issuance of letters of credit and swing line loans of up to $50 million and $15 million, respectively. The 2022 Credit Facility also contains an option allowing the Company to increase the size of the 2022 Credit Facility by up to an additional $150 million, with the agreement of the committing lenders. The 2022 Credit Facility expires five years after the Effective Date. Upon entering into the 2022 Credit Facility in February 2022, the Company drew the full $100 million term loan facility and approximately $28 million in revolving loans, and the existing credit facility was repaid and terminated. Interest on borrowings under the 2022 Credit Facility is based on (a) the Alternate Base Rate plus an applicable margin, or (b) the Adjusted Term SOFR Rate plus an applicable margin, and is payable in accordance with the selected interest rate period (at least quarterly) and upon maturity. Principal payments for the term loans are required on a quarterly basis in accordance with an amortization schedule and upon certain disposition of assets. The Company is required to pay a commitment fee on a quarterly basis, at a per annum rate of between 0.20% and 0.45% (depending on the Company’s maximum net lease-adjusted total leverage ratio) based on the (i) average daily unused portion of the revolving credit facility, and (ii) the daily undrawn amount of the delayed draw term loan facility. These fees are recorded as interest expense on the Company’s condensed consolidated statements of operations. The 2022 Credit Facility contains financial covenants that require the Company to not exceed a maximum net lease-adjusted total leverage ratio and maintain a minimum fixed charge coverage ratio. The 2022 Credit Facility also contains certain negative covenants that, among other things, limit the Company’s ability to incur additional debt, grant liens on assets, merge with or acquire other companies, make other investments, dispose of assets, and enter into sale and leaseback transactions and swap agreements. Obligations under the 2022 Credit Facility are guaranteed by Dutch Bros OpCo and its subsidiaries, and secured by a first priority perfected security interest in substantially all of the assets of the guarantors. As of March 31, 2023, approximately $97.5 million and $152.7 million of principal amounts were outstanding on the term loan and revolving loans, respectively, and $97.3 million was available for borrowing on the revolving loans. The term loan bears interest at 7.31% and revolving loans bear interest at approximately 7.29% as of March 31, 2023. The Company was in compliance with its financial covenants as of that date. Long-Term Debt The Company’s long-term debt consisted of the following for the periods presented: (in thousands) March 31, 2023 December 31, 2022 Terms loan under credit facility $ 97,500 $ 98,125 Finance obligation 1 1,381 1,379 Unsecured note payable 498 524 Total debt 99,379 100,028 Less: loan origination fees (1,054) (1,122) Less: current portion (2,611) (2,609) Total long-term debt, net of current portion $ 95,714 $ 96,297 _______________ 1 Represents failed sale-leaseback arrangements under ASC 842. Future annual maturities of long-term debt as of March 31, 2023 are as follows: (in thousands) Remainder of 2023 $ 1,958 2024 4,491 2025 6,998 2026 13,256 2027 71,295 Thereafter 1,381 Total $ 99,379

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 10 — Fair Value Measurements The Company’s condensed consolidated financial statements include cash and cash equivalents, accounts receivable, accounts payable, accrued expenses and other current liabilities, for which the carrying amounts approximate fair value due to their short-term maturity. The fair value of the Company’s variable-rate term loan and revolving loans approximate their carrying amounts; these debt instruments are designated as Level 2 within the fair value hierarchy. The Company’s cost of borrowing is variable and approximates current market rates. The Company has an interest rate swap, which is required to be measured at fair value on a recurring basis. Designated as a Level 2 instrument within the fair value hierarchy, the interest rate swap as of March 31, 2023 had a fair value of $2.2 million, and is recorded as an asset on the Company’s condensed consolidated balance sheet. The fair value of the Company’s interest rate swap was determined based on the present value of expected future cash flows considering the risks involved, including nonperformance risk, and using discount rates appropriate for the duration based on observable inputs.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 11 — Derivative Financial Instruments From time to time, the Company may enter into interest rate swaps to fix a portion of interest expense. The Company does not enter into derivative instruments for any other purpose other than to manage its risks related to fluctuations in interest rates and does not engage in interest rate speculation using derivative instruments. During 2022, the Company entered into a receive-variable (Receive Leg), pay-fixed (Pay Leg) interest rate swap with JPMorgan Chase Bank, N.A with respect to $70 million of the term loan under the 2022 Credit Facility. The interest rate swap matures on February 28, 2027 and has a fixed rate of 2.67% per annum for the Pay Leg. The variable rate on the Receive Leg of the interest rate swap is the one-month adjusted term SOFR rate plus an applicable margin. As of March 31, 2023, the one-month adjusted term SOFR rate was 4.81%. The Company typically designates all interest rate swaps as cash flow hedges, and accordingly, records the change in fair value for the effective portion of the interest rate swap in AOCI rather than in current period earnings until the underlying hedged transaction affects earnings. As of March 31, 2023, the Company expects to reclassify a gain of approximately $1.3 million from AOCI to earnings within the next twelve months. The fair value and effect of the derivative instrument included in the Company’s condensed consolidated financial statements was as follows: (in thousands) Balance Sheet Classification March 31, December 31, Derivative instrument designated as cash flow hedge: Interest rate swap contract Prepaid expenses and other current assets $ 1,341 $ 1,457 Other long-term assets 901 1,706 Total derivative instrument designated as cash flow hedge $ 2,242 $ 3,163 (in thousands) Financial Statements Classification Three Months Ended March 31, 2023 Derivative instrument designated as cash flow hedge: Loss recognized in other comprehensive income before reclassifications Statement of Comprehensive Loss $ (571) Reclassification from accumulated other comprehensive income to earnings for the effective portion Statement of Operations - Interest expense, net $ (333) Income tax benefit Statement of Operations - Income tax benefit $ 80 For additional information related to the Company’s derivative, see NOTE 10 — Fair Value Measurements.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 12 — Income Taxes Three Months Ended March 31, (in thousands) 2023 2022 Income tax expense (benefit) $ 2,580 $ (214) Effective tax rate (37.9) % 1.3 % Three Months Ended March 31, 2023 v. 2022 The increase in tax expense was primarily driven by state taxes and adjustments to the outside basis differences as a result of stock-based compensation vested in the quarter.

Equity and Equity-Based Compens

Equity and Equity-Based Compensation	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Equity and Equity-Based Compensation	NOTE 13 — Equity and Equity-Based Compensation Equity Awards As of March 31, 2023, the Company had equity-based compensation awards outstanding consisting of RSAs and RSUs. Restricted Stock Awards Activity for the Company’s RSAs was as follows: (in thousands, except per share amounts) Restricted Stock Awards Weighted-average grant date fair value per share Balance, December 31, 2022 2,667 $ 23.00 Vested (1,263) 23.00 Forfeitures (8) 23.00 Balance, March 31, 2023 1,396 $ 23.00 Restricted Stock Units Activity for the Company’s RSUs was as follows: (in thousands, except per share amounts) Restricted Stock Units Weighted-average grant date fair value per share Balance, December 31, 2022 583 $ 44.34 New grants 381 31.99 Vested (200) 43.50 Forfeitures (149) 43.62 Balance, March 31, 2023 615 $ 37.13 Total release date fair value of vested restricted stock awards and units for the three months ended March 31, 2023 and 2022 are presented below. (in thousands, except per share amounts) Three Months Ended March 31, 2023 Weighted-average vest date fair value per share Three Months Ended March 31, 2022 Weighted-average vest date fair value per share Restricted stock awards $ 34,293 $ 27.15 $ 66,187 $ 52.42 Restricted stock units 5,441 27.22 10,406 52.45 Equity-Based Compensation Equity-based compensation expense is recognized on a straight-line basis and is included in the Company’s condensed consolidated statements of operations as follows: Three Months Ended March 31, (in thousands) 2023 2022 Selling, general, and administrative expenses $ 9,170 $ 9,900 As of March 31, 2023, total unrecognized stock-based compensation related to unvested stock awards was $42.8 million, which will be recognized as follows: (in thousands) Remainder of 2023 $ 29,862 2024 7,490 2025 4,790 2026 666 Total unrecognized stock-based compensation $ 42,808

Non-Controlling Interests

Non-Controlling Interests	3 Months Ended
	Mar. 31, 2023
Noncontrolling Interest [Abstract]
Non-Controlling Interests	NOTE 14 — Non-Controlling Interests The Company is the sole managing member of Dutch Bros OpCo, and, as a result, consolidates the financial results of Dutch Bros OpCo. The Company reports a non-controlling interest representing the economic interest in the Dutch Bros OpCo held by the other members of Dutch Bros OpCo. The Dutch Bros OpCo Agreement provides that holders of Dutch Bros OpCo Class A common units may, from time to time, require Dutch Bros OpCo to redeem all or a portion of its Dutch Bros OpCo Class A common units for newly-issued shares of Class A common stock on a one-for-one basis. In connection with any redemption or exchange, the Company will receive a corresponding number of Dutch Bros OpCo Class A common units, increasing the Company’s total ownership in Dutch Bros OpCo. Changes in the Company’s ownership in Dutch Bros OpCo, while the Company retains its controlling interest in Dutch Bros OpCo, will be accounted for as equity transactions. As such, future redemptions or direct exchanges of Dutch Bros OpCo Class A common units in Dutch Bros OpCo by the other members of Dutch Bros OpCo will result in a change in ownership and reduce the amount recorded as non-controlling interest and increase additional paid-in-capital. The following table summarizes the ownership interest in Dutch Bros OpCo: March 31, 2023 (in thousands) OpCo Units Ownership % Dutch Bros OpCo Class A common units held by Dutch Bros Inc. 1 58,077 35.4 % Dutch Bros OpCo Class A common units held by non-controlling interest holders 105,756 64.6 % Total Dutch Bros OpCo Class A common units outstanding 163,833 100.0 % _________________ 1 Includes approximately 1.4 million Dutch Bros OpCo Class A common units related to unvested restricted stock awards held by former Profits Interest Units holders. These Dutch Bros OpCo Class A common units are excluded from non-controlling interest calculations. The following table summarizes the effect of changes in ownership of Dutch Bros OpCo on the Company’s equity for the periods presented: (in thousands) Three Months Ended March 31, 2023 2022 Net loss attributable to Dutch Bros Inc. $ (3,842) $ (4,947) Other comprehensive loss: Unrealized loss on derivative securities, effective portion, net of income tax expense (223) — Transfers from (to) non-controlling interests: Decrease in accumulated deficit as a result of the adoption of ASC 842 — 386 Increase in additional paid-in capital as a result of equity-based compensation 3,200 3,122 Decrease in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards, net of stock withheld for tax (661) (1,145) Increase in additional paid-in capital as a result of the acquisition of Dutch Bros OpCo Class A common units 1,054 4,828 Total effect of changes in ownership interest on equity attributable to Dutch Bros Inc. $ (472) $ 2,244 The weighted-average ownership percentage for the applicable reporting period is used to attribute net income (loss) to Dutch Bros Inc. and the non-controlling interest holders. The non-controlling interest holders’ weighted-average ownership percentage were as follows for the periods presented: Three Months Ended March 31, 2023 2022 Weighted-average ownership percentage 65.1 % 70.1%

Loss Per Share

Loss Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Loss Per Share	NOTE 15 — Loss Per Share Basic net loss per share of Class A and Class D common stock is computed by dividing net loss attributable to Dutch Bros Inc. by the weighted-average number of shares of Class A and Class D common stock outstanding during the period. Diluted net loss per share of Class A and Class D common stock is computed by dividing loss attributable to the Company, adjusted for the assumed exchange of all potentially dilutive instruments for Class A common stock, by the weighted-average number of shares of Class A and Class D common stock outstanding, adjusted to give effect to potentially dilutive elements. Share counts used in the diluted net loss per share calculations are adjusted for the deemed repurchases provided for in the treasury stock method for restricted stock awards and restricted stock units, and under the if-converted method for the outstanding convertible Class B and Class C common stock. The following tables set forth the numerators and denominators used to compute basic and diluted net loss per share of Class A and Class D common stock for the periods presented. Three Months Ended March 31, (in thousands) 2023 2022 Numerator: Net loss $ (9,391) $ (16,279) Less: Net loss attributable to non-controlling interests (5,549) (11,332) Net loss attributable to Dutch Bros Inc. $ (3,842) $ (4,947) Three Months Ended March 31, (in thousands, except per share amounts) 2023 2022 Basic and diluted net loss per share attributable to common stockholders Numerator: Net loss attributable to Dutch Bros Inc. $ (3,842) $ (4,947) Denominator: Weighted-average number of shares of Class A and Class D common stock outstanding - basic 56,664 48,059 Weighted-average number of shares of Class A and Class D common stock outstanding - diluted 56,664 48,059 Basic net loss per share attributable to common stockholders $ (0.07) $ (0.10) Diluted net loss per share attributable to common stockholders $ (0.07) $ (0.10) The following common stock equivalents were excluded from diluted loss per share in the periods presented because they were anti-dilutive: Three Months Ended March 31, (in thousands) 2023 2022 Restricted stock awards 1,396 2,737 Restricted stock units 615 542 Total anti-dilutive securities 2,011 3,279

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 16 — Commitments and Contingencies Purchase Obligations The Company enters into fixed-price and price-to-be fixed green coffee purchase commitments. For both fixed-price and price-to-be fixed purchase commitments, the Company expects to take delivery of green coffee and to utilize the coffee in a reasonable period of time in the ordinary course of business. Such contracts are used in the normal purchases of green coffee and not for speculative purposes. The Company does not enter into futures contracts or other derivative instruments related to its green coffee purchase commitments. Guarantees The Company periodically provides guarantees to franchise partners for lease payments. Annually, the Company determines if a liability needs to be recorded related to these guarantees. As of March 31, 2023 and December 31, 2022, the Company had guaranteed approximately $1.5 million and $1.6 million, respectively, in franchise partners’ lease payments and has not established a liability for these guarantees as any liability arising from the guarantees is not material to the condensed consolidated financial statements. Legal Proceedings The Company is a party to routine legal actions arising in the ordinary course of and incidental to its business. These claims, legal proceedings and litigation principally arise from alleged casualty, employment, and other disputes. In determining loss contingencies, the Company considers the likelihood of loss as well as the ability to reasonably estimate the amount of such loss or liability. An estimated loss is recognized when it is considered probable that a liability has been incurred and when the amount of loss can be reasonably estimated. Because litigation is inherently unpredictable, assessing contingencies is highly subjective and requires judgments about future events. When evaluating litigation contingencies, we may be unable to provide a meaningful estimate due to a number of factors, including the procedural status of the matter in question, developments in legislation or regulations that affect the validity of certain claims and defenses, the availability of appellate remedies, insurance coverage related to the claim or claims in question, the presence of complex or novel legal theories, and/or the ongoing discovery and development of information important to the matter. Any claim, proceeding or litigation has an element of uncertainty, and an unfavorable outcome may have a material adverse effect on the Company’s financial condition, results of operations, or cash flows. Litigation Related to Securities Claims On March 1, 2023, plaintiff Jerry Peacock filed a putative class action lawsuit in U.S. District Court for the Southern District of New York against Dutch Bros PubCo and certain of its executive officers for alleged violations of U.S. federal securities laws. The plaintiff purports to bring claims on behalf of a class of acquirers of Dutch Bros PubCo securities between March 1, 2022 and May 11, 2022, and generally alleges that the defendants made false or misleading statements about the impact of commodity inflation on the Company’s financial results for the first quarter of 2022. The plaintiff seeks compensatory damages for all affected members of the purported class. The Company believes these claims are without merit and intends to vigorously defend this lawsuit. Given the nature of the case, including that the proceeding is in its early stages, the Company is unable to predict the ultimate outcome of this case or estimate the range of potential loss, if any. Liabilities Under Tax Receivable Agreements Under the TRAs, the Company is contractually committed to pay the non-controlling interest holders 85% of the amount of any tax benefits that the Company actually realizes, or in some cases is deemed to realize, as a result of certain transactions. As of March 31, 2023, the Company recognized $219.6 million of liabilities related to its obligations under the TRAs.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 17 — Related Party Transactions The Company’s donations to the Dutch Bros Foundation (Foundation), a not-for-profit founded by the Company that provides philanthropy to coffee farmers and local communities and for which the Company’s Chief Executive Officer (CEO) and Chief Operating Officer (COO) serve on the board of directors, were as follows: Three Months Ended March 31, (in thousands) 2023 2022 Donations to Dutch Bros Foundation $ 63 $ 1,373 For the three months ended March 31, 2023, the Company and Foundation focused on local community givebacks.

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Reporting	NOTE 18 — Segment Reporting Segment information is prepared on the same basis that the Company’s CEO, who is the chief operating decision maker (CODM), manages the segments, evaluates financial results and makes key operating decisions. The Company’s CEO evaluates the financial performance of the Company based on two operating segments: Company-operated shops and Franchising and other. The Company-operated shops segment includes coffee shop sales to customers. The Franchising and other segment includes bean and product sales to franchise partners and includes the initial franchise fees, royalties, and marketing fees. The CODM reviews segment performance and allocates resources based upon segment contribution, which is defined as segment gross profit before depreciation and amortization. All segment revenue is earned in the United States, and there are no intersegment revenues. As the CODM is not provided with asset information by segment, assets are reported only on a consolidated basis. Selling, general and administrative expenses primarily consist of the Company’s unallocated corporate expenses. Unallocated corporate expenses include corporate administrative functions that support the segments but are not directly attributable to or managed by any segment and are not included in the reported financial results of the segments. No changes have been made to the Company’s segments during the three months ended March 31, 2023. In addition, no customer represented 10% or more of total revenue for the three months ended March 31, 2023 and 2022 Financial information for the Company’s reportable segments was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Revenues: Company-operated shops $ 173,164 $ 130,187 Franchising and other 24,103 21,969 Total revenues 197,267 152,156 Cost of sales: Company-operated shops 144,292 113,548 Franchising and other 7,231 7,619 Total cost of sales 151,523 121,167 Segment contribution: Company-operated shops 41,873 23,779 Franchising and other 18,233 15,692 Total segment contribution $ 60,106 $ 39,471 Depreciation and amortization: Company-operated shops 13,001 7,140 Franchising and other 1,361 1,342 Total depreciation and amortization 14,362 8,482 Selling, general and administrative (45,976) (45,214) Interest expense, net (7,886) (2,489) Other income 1,307 221 Loss before income taxes $ (6,811) $ (16,493)

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Financial Statements Presentation	Financial Statements PresentationThe Company’s condensed consolidated financial statements as of March 31, 2023 and for the three months ended months ended March 31, 2023 and 2022 have been prepared in accordance with GAAP and pursuant to the rules and regulations of the SEC, consistent in all material respects with those applied in the Company’s 2022 Form 10-K and as updated by this Form 10-Q
Use of Estimates	The Company has made estimates and judgments affecting the amounts reported in its condensed consolidated financial statements and the accompanying notes. Although management bases its estimates on historical experience and assumptions that are believed to be reasonable under the circumstances, actual results could differ from those estimates. This report should be read in conjunction with the consolidated financial statements in the Company’s 2022 Form 10-K that includes additional information on critical accounting estimates, policies, and the methods and assumptions used in its estimates.
Advertising Expense	Advertising Expense Advertising expense was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Advertising expense $ 6,170 $ 7,624
Recently Issued Accounting Standards and Recently Adopted Accounting Standard	Recently Adopted Accounting Standard In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers . The amendments in this update provide specific guidance to address diversity in practice related to (1) recognition of an acquired contract liability, and (2) payment terms and their effect on subsequent revenue recognized by the acquirer. The amendments in ASU 2021-08 are applied on a prospective basis, and are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted. The Company’s adoption of this standard effective January 1, 2023 did not have a material impact on its condensed consolidated financial statements.
Fair Value Measurements	The Company’s condensed consolidated financial statements include cash and cash equivalents, accounts receivable, accounts payable, accrued expenses and other current liabilities, for which the carrying amounts approximate fair value due to their short-term maturity. The fair value of the Company’s variable-rate term loan and revolving loans approximate their carrying amounts; these debt instruments are designated as Level 2 within the fair value hierarchy. The Company’s cost of borrowing is variable and approximates current market rates.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Schedule of vendor incentives and advertising costs	Advertising expense was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Advertising expense $ 6,170 $ 7,624

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue by major component	The following table disaggregates revenue by major component: Three Months Ended March 31, (in thousands) 2023 2022 Company-operated shops $ 173,164 $ 130,187 Franchising 22,645 20,773 Other 1,458 1,196 Total revenues $ 197,267 $ 152,156
Deferred revenue activity	Deferred revenue activity related to the Company’s loyalty and gift card programs was as follows: Three Months Ended March 31, (in thousands) 2023 2022 Beginning balance $ 26,904 $ 22,765 Revenue deferred - gift card activations, loyalty app loads, and loyalty points and rewards earned 78,711 53,107 Revenue recognized - gift card, loyalty app, and loyalty rewards redemptions, and breakage (79,729) (52,318) Ending balance 25,886 23,554 Less: current portion (21,754) (20,959) Deferred revenue, net of current portion, gift card and loyalty programs $ 4,132 $ 2,595 (in thousands) March 31, 2023 December 31, 2022 Outstanding performance obligations $ (370) $ 2,152 Initial unearned franchise fees from franchise partners 2,403 2,398 Total deferred revenue, excluding gift card and loyalty programs 2,033 4,550 Less: current portion (61) (2,587) Deferred revenue, net of current portion, excluding gift card and loyalty programs $ 1,972 $ 1,963 Revenue recognized from initial unearned franchise fees was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Earned franchise fees $ 114 $ 156
Schedule of unearned franchise fees	Future amortization of initial unearned franchise fees as of March 31, 2023 is as follows: (in thousands) Remainder of 2023 $ 329 2024 385 2025 331 2026 289 2027 244 Thereafter 825 Total $ 2,403

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2023
Inventory Disclosure [Abstract]
Schedule of inventories, net	Inventories, net consist of the following: (in thousands) March 31, 2023 December 31, 2022 Raw materials $ 24,721 $ 21,335 Finished goods 19,236 17,894 Total inventories $ 43,957 $ 39,229

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Summary of property and equipment, net	Property and equipment, net consists of the following: (in thousands) Useful Life (Years) March 31, 2023 December 31, 2022 Software 3 $ 7,430 $ 7,430 Equipment and fixtures 3 — 7 110,309 93,908 Leasehold improvements 5 — 15 32,926 29,985 Buildings 10 — 20 177,921 158,250 Land N/A 7,715 7,956 Aircraft 1 N/A 9,195 9,195 Construction-in-progress 2 N/A 139,280 131,240 Property and equipment, gross 484,776 437,964 Less: accumulated depreciation (81,935) (72,496) Property and equipment, net $ 402,841 $ 365,468 _______________ 1 Aircraft is depreciated under the consumption method. 2 Construction-in-progress primarily consists of construction and equipment costs for new and existing shops, as well as our new roasting facility in Texas. Depreciation expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended March 31, (in thousands) 2023 2022 Cost of sales $ 9,110 $ 7,568 Selling, general and administrative expenses 412 699 Total depreciation expense $ 9,522 $ 8,267

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	The details of the intangible assets are as follows: (in thousands) Weighted-average amortization period (in years) March 31, 2023 December 31, 2022 Reacquired franchise rights 3.4 $ 27,049 $ 27,049 Less: accumulated amortization (19,156) (18,245) Intangibles, net $ 7,893 $ 8,804
Summary of intangible assets amortization expense	Amortization expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended March 31, (in thousands) 2023 2022 Cost of sales $ 911 $ 915 The estimated future amortization expense of the reacquired franchise rights as of March 31, 2023 is as follows: (in thousands) Remainder of 2023 $ 2,478 2024 2,469 2025 1,435 2026 681 2027 383 Thereafter 447 Total $ 7,893
Schedule of goodwill	The carrying amount and activity of goodwill was as follows: (in thousands) Balance, December 31, 2022 $ 21,629 Business combinations — Balance, March 31, 2023 $ 21,629

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Summary of finance and operation lease right-of-use assets and lease liabilities	A summary of finance and operating lease right-of-use assets and lease liabilities as of March 31, 2023 is as follows: (in thousands) Balance Sheet Classification March 31, December 31, Right-of-use assets Finance leases Finance lease right-of-use assets, net $ 288,560 $ 247,943 Operating leases Operating lease right-of-use assets, net 174,673 169,302 Total right-of-use assets $ 463,233 $ 417,245 Lease liabilities Finance leases Current portion of finance lease liabilities $ 8,129 $ 7,971 Finance lease liabilities, net of current portion 275,639 237,130 Operating leases Current portion of operating lease liabilities 9,536 9,317 Operating lease liabilities, net of current portion 166,345 161,228 Total lease liabilities $ 459,649 $ 415,646 A summary of lease terms and discount rates for finance and operating leases is as follows: March 31, Weighted-average remaining lease term (years) Finance leases 16.2 Operating leases 14.9 Weighted-average discount rate (percentages) Finance leases 5.4% Operating leases 4.3%
Components of lease cost	The components of lease cost were as follows for the period presented: Three Months Ended March 31, (in thousands) Statement of Operations Classification 2023 2022 Finance lease cost Amortization of right-of-use assets Cost of sales $ 4,346 $ 2,194 Interest on lease liabilities Interest expense 3,455 1,723 Total finance lease cost 7,801 3,917 Operating lease cost Cost of sales 4,512 3,847 Variable lease cost Cost of sales 1,378 493 Total lease cost $ 13,691 $ 8,257
Future minimum lease payments for financing lease liabilities	Future minimum lease payments for finance and operating lease liabilities as of March 31, 2023 are as follows: (in thousands) Finance Operating Remainder of 2023 $ 17,009 $ 12,609 2024 24,278 16,663 2025 24,565 16,416 2026 24,853 16,256 2027 25,597 15,933 Thereafter 316,961 164,248 Total $ 433,263 $ 242,125 Less: imputed interest (149,495) (66,244) Present value of minimum lease payments 283,768 175,881 Less: current portion (8,129) (9,536) Lease liabilities, net of current portion $ 275,639 $ 166,345
Future minimum lease payments for operating lease liabilities	Future minimum lease payments for finance and operating lease liabilities as of March 31, 2023 are as follows: (in thousands) Finance Operating Remainder of 2023 $ 17,009 $ 12,609 2024 24,278 16,663 2025 24,565 16,416 2026 24,853 16,256 2027 25,597 15,933 Thereafter 316,961 164,248 Total $ 433,263 $ 242,125 Less: imputed interest (149,495) (66,244) Present value of minimum lease payments 283,768 175,881 Less: current portion (8,129) (9,536) Lease liabilities, net of current portion $ 275,639 $ 166,345
Schedule of cash flow, supplemental disclosures	Supplemental cash flow information related to leases as of March 31, 2023 is as follows for the period presented: Three Months Ended March 31, (in thousands) 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 3,455 $ 1,723 Operating cash flows from operating leases 4,390 3,748 Financing cash flows from finance leases 3,369 997 Right-of-use assets obtained in exchange for lease obligations: Finance leases 42,036 64,954 Operating leases 7,912 157,249

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of debt instruments	The Company’s long-term debt consisted of the following for the periods presented: (in thousands) March 31, 2023 December 31, 2022 Terms loan under credit facility $ 97,500 $ 98,125 Finance obligation 1 1,381 1,379 Unsecured note payable 498 524 Total debt 99,379 100,028 Less: loan origination fees (1,054) (1,122) Less: current portion (2,611) (2,609) Total long-term debt, net of current portion $ 95,714 $ 96,297 _______________
Schedule of maturities of long-term debt	Future annual maturities of long-term debt as of March 31, 2023 are as follows: (in thousands) Remainder of 2023 $ 1,958 2024 4,491 2025 6,998 2026 13,256 2027 71,295 Thereafter 1,381 Total $ 99,379

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value derivative instruments included in condensed consolidated balance sheets	The fair value and effect of the derivative instrument included in the Company’s condensed consolidated financial statements was as follows: (in thousands) Balance Sheet Classification March 31, December 31, Derivative instrument designated as cash flow hedge: Interest rate swap contract Prepaid expenses and other current assets $ 1,341 $ 1,457 Other long-term assets 901 1,706 Total derivative instrument designated as cash flow hedge $ 2,242 $ 3,163
Schedule of derivatives instruments effect on condensed consolidated statement of operations	(in thousands) Financial Statements Classification Three Months Ended March 31, 2023 Derivative instrument designated as cash flow hedge: Loss recognized in other comprehensive income before reclassifications Statement of Comprehensive Loss $ (571) Reclassification from accumulated other comprehensive income to earnings for the effective portion Statement of Operations - Interest expense, net $ (333) Income tax benefit Statement of Operations - Income tax benefit $ 80

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of provision for income taxes	Three Months Ended March 31, (in thousands) 2023 2022 Income tax expense (benefit) $ 2,580 $ (214) Effective tax rate (37.9) % 1.3 %

Equity and Equity-Based Compe_2

Equity and Equity-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of activity schedule for company's restricted stock	Activity for the Company’s RSAs was as follows: (in thousands, except per share amounts) Restricted Stock Awards Weighted-average grant date fair value per share Balance, December 31, 2022 2,667 $ 23.00 Vested (1,263) 23.00 Forfeitures (8) 23.00 Balance, March 31, 2023 1,396 $ 23.00
Schedule of activity schedule for company's RSUs	Activity for the Company’s RSUs was as follows: (in thousands, except per share amounts) Restricted Stock Units Weighted-average grant date fair value per share Balance, December 31, 2022 583 $ 44.34 New grants 381 31.99 Vested (200) 43.50 Forfeitures (149) 43.62 Balance, March 31, 2023 615 $ 37.13 Total release date fair value of vested restricted stock awards and units for the three months ended March 31, 2023 and 2022 are presented below. (in thousands, except per share amounts) Three Months Ended March 31, 2023 Weighted-average vest date fair value per share Three Months Ended March 31, 2022 Weighted-average vest date fair value per share Restricted stock awards $ 34,293 $ 27.15 $ 66,187 $ 52.42 Restricted stock units 5,441 27.22 10,406 52.45
Schedule of share-based compensation expense	Equity-based compensation expense is recognized on a straight-line basis and is included in the Company’s condensed consolidated statements of operations as follows: Three Months Ended March 31, (in thousands) 2023 2022 Selling, general, and administrative expenses $ 9,170 $ 9,900
Schedule of total unrecognized stock based compensation related to unvested stock awards.	As of March 31, 2023, total unrecognized stock-based compensation related to unvested stock awards was $42.8 million, which will be recognized as follows: (in thousands) Remainder of 2023 $ 29,862 2024 7,490 2025 4,790 2026 666 Total unrecognized stock-based compensation $ 42,808

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	3 Months Ended
	Mar. 31, 2023
Noncontrolling Interest [Abstract]
Schedule of ownership interest	The following table summarizes the ownership interest in Dutch Bros OpCo: March 31, 2023 (in thousands) OpCo Units Ownership % Dutch Bros OpCo Class A common units held by Dutch Bros Inc. 1 58,077 35.4 % Dutch Bros OpCo Class A common units held by non-controlling interest holders 105,756 64.6 % Total Dutch Bros OpCo Class A common units outstanding 163,833 100.0 % _________________ 1 Includes approximately 1.4 million Dutch Bros OpCo Class A common units related to unvested restricted stock awards held by former Profits Interest Units holders. These Dutch Bros OpCo Class A common units are excluded from non-controlling interest calculations.
Schedule of changes in ownership	The following table summarizes the effect of changes in ownership of Dutch Bros OpCo on the Company’s equity for the periods presented: (in thousands) Three Months Ended March 31, 2023 2022 Net loss attributable to Dutch Bros Inc. $ (3,842) $ (4,947) Other comprehensive loss: Unrealized loss on derivative securities, effective portion, net of income tax expense (223) — Transfers from (to) non-controlling interests: Decrease in accumulated deficit as a result of the adoption of ASC 842 — 386 Increase in additional paid-in capital as a result of equity-based compensation 3,200 3,122 Decrease in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards, net of stock withheld for tax (661) (1,145) Increase in additional paid-in capital as a result of the acquisition of Dutch Bros OpCo Class A common units 1,054 4,828 Total effect of changes in ownership interest on equity attributable to Dutch Bros Inc. $ (472) $ 2,244
Schedule of non-controlling interest holders' weighted-average ownership percentage	The non-controlling interest holders’ weighted-average ownership percentage were as follows for the periods presented: Three Months Ended March 31, 2023 2022 Weighted-average ownership percentage 65.1 % 70.1%

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of loss per share	The following tables set forth the numerators and denominators used to compute basic and diluted net loss per share of Class A and Class D common stock for the periods presented. Three Months Ended March 31, (in thousands) 2023 2022 Numerator: Net loss $ (9,391) $ (16,279) Less: Net loss attributable to non-controlling interests (5,549) (11,332) Net loss attributable to Dutch Bros Inc. $ (3,842) $ (4,947) Three Months Ended March 31, (in thousands, except per share amounts) 2023 2022 Basic and diluted net loss per share attributable to common stockholders Numerator: Net loss attributable to Dutch Bros Inc. $ (3,842) $ (4,947) Denominator: Weighted-average number of shares of Class A and Class D common stock outstanding - basic 56,664 48,059 Weighted-average number of shares of Class A and Class D common stock outstanding - diluted 56,664 48,059 Basic net loss per share attributable to common stockholders $ (0.07) $ (0.10) Diluted net loss per share attributable to common stockholders $ (0.07) $ (0.10)
Schedule of weighted average potentially dilutive securities	The following common stock equivalents were excluded from diluted loss per share in the periods presented because they were anti-dilutive: Three Months Ended March 31, (in thousands) 2023 2022 Restricted stock awards 1,396 2,737 Restricted stock units 615 542 Total anti-dilutive securities 2,011 3,279

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Schedule of related party transactions	The Company’s donations to the Dutch Bros Foundation (Foundation), a not-for-profit founded by the Company that provides philanthropy to coffee farmers and local communities and for which the Company’s Chief Executive Officer (CEO) and Chief Operating Officer (COO) serve on the board of directors, were as follows: Three Months Ended March 31, (in thousands) 2023 2022 Donations to Dutch Bros Foundation $ 63 $ 1,373

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Financial information for reportable segments	Financial information for the Company’s reportable segments was as follows for the periods presented: Three Months Ended March 31, (in thousands) 2023 2022 Revenues: Company-operated shops $ 173,164 $ 130,187 Franchising and other 24,103 21,969 Total revenues 197,267 152,156 Cost of sales: Company-operated shops 144,292 113,548 Franchising and other 7,231 7,619 Total cost of sales 151,523 121,167 Segment contribution: Company-operated shops 41,873 23,779 Franchising and other 18,233 15,692 Total segment contribution $ 60,106 $ 39,471 Depreciation and amortization: Company-operated shops 13,001 7,140 Franchising and other 1,361 1,342 Total depreciation and amortization 14,362 8,482 Selling, general and administrative (45,976) (45,214) Interest expense, net (7,886) (2,489) Other income 1,307 221 Loss before income taxes $ (6,811) $ (16,493)

Organization and Background (De

Organization and Background (Details)	Mar. 31, 2023 store state
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of stores	716
Number of states in which entity operates | state	14
Percentage of voting interest held	100%
Continuing LLC Equity Owners
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Voting interest held by noncontrolling interest	0%
Company-operated shops
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of stores	438
Franchising
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of stores	278

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Advertising expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accounting Policies [Abstract]
Advertising expense	$ 6,170	$ 7,624

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of revenue by major component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue by major component	$ 197,267	$ 152,156
Company-operated shops
Disaggregation of Revenue [Line Items]
Revenue by major component	173,164	130,187
Franchising
Disaggregation of Revenue [Line Items]
Revenue by major component	22,645	20,773
Other
Disaggregation of Revenue [Line Items]
Revenue by major component	$ 1,458	$ 1,196

Revenue Recognition - Deferred

Revenue Recognition - Deferred revenue activity related to the Company’s loyalty and gift card programs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Change In Contract With Customer, Liability [Roll Forward]
Less: current portion	$ (21,815)		$ (25,335)
Deferred revenue, net of current portion, gift card and loyalty programs	6,104		$ 6,119
Card, reward redemptions and breakage
Change In Contract With Customer, Liability [Roll Forward]
Beginning balance	26,904	$ 22,765
Revenue deferred - gift card activations, loyalty app loads, and loyalty points and rewards earned	78,711	53,107
Revenue recognized - gift card, loyalty app, and loyalty rewards redemptions, and breakage	(79,729)	(52,318)
Ending balance	25,886	23,554
Less: current portion	(21,754)	(20,959)
Deferred revenue, net of current portion, gift card and loyalty programs	$ 4,132	$ 2,595

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Millions			3 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Deferred revenue recognized	$ 0	$ 0
Gift card redemptions
Disaggregation of Revenue [Line Items]
Deferred revenue recognized			$ 3.2	$ 2.3
Franchising
Disaggregation of Revenue [Line Items]
Deferred revenue recognized			$ 0.1	$ 0.2

Revenue Recognition - Deferre_2

Revenue Recognition - Deferred revenue (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Less: current portion	$ (21,815)	$ (25,335)
Deferred revenue, net of current portion, gift card and loyalty programs	6,104	6,119
Outstanding performance obligations
Disaggregation of Revenue [Line Items]
Outstanding performance obligations	(370)	2,152
Franchising
Disaggregation of Revenue [Line Items]
Outstanding performance obligation	2,403	2,398
Customer advances and sales to distributors and franchise fee
Disaggregation of Revenue [Line Items]
Outstanding performance obligation	2,033	4,550
Less: current portion	(61)	(2,587)
Deferred revenue, net of current portion, gift card and loyalty programs	$ 1,972	$ 1,963

Revenue Recognition - Franchise

Revenue Recognition - Franchise fees (Details) - USD ($) $ in Thousands			3 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Earned franchise fees	$ 0	$ 0
Franchising
Disaggregation of Revenue [Line Items]
Earned franchise fees			$ 100	$ 200
Franchising
Disaggregation of Revenue [Line Items]
Earned franchise fees			$ 114	$ 156

Revenue Recognition - Amortizat

Revenue Recognition - Amortization of franchise fees (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unearned franchise fees, amortization	$ 2,403
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	9 months
Unearned franchise fees, amortization	$ 329
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 385
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 331
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 289
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 244
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period
Unearned franchise fees, amortization	$ 825

Inventories - Schedule of inven

Inventories - Schedule of inventories, net (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 24,721	$ 21,335
Finished goods	19,236	17,894
Total inventories	$ 43,957	$ 39,229

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 0.1	$ 0.1

Property and Equipment - Summar

Property and Equipment - Summary of property and equipment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 484,776	$ 437,964
Less: accumulated depreciation	(81,935)	(72,496)
Property and equipment, net	$ 402,841	365,468
Software
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Property and equipment, gross	$ 7,430	7,430
Equipment and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 110,309	93,908
Equipment and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Equipment and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	7 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 32,926	29,985
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	15 years
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 177,921	158,250
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	10 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	20 years
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 7,715	7,956
Aircraft
Property, Plant and Equipment [Line Items]
Property and equipment, gross	9,195	9,195
Construction-in-progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 139,280	$ 131,240

Property and Equipment - Summ_2

Property and Equipment - Summary of property and equipment depreciation expense (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Line Items]
Depreciation	$ 9,522,000	$ 8,267,000
Goodwill, impairment charges	0	0
Cost of sales
Property, Plant and Equipment [Line Items]
Depreciation	9,110,000	7,568,000
Selling, general and administrative expenses
Property, Plant and Equipment [Line Items]
Depreciation	$ 412,000	$ 699,000

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill - Schedule of intangible assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]
Less: accumulated amortization	$ (19,156)	$ (18,245)
Intangibles, net	$ 7,893	8,804
Franchise rights
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period (in years)	3 years 4 months 24 days
Reacquired franchise rights	$ 27,049	$ 27,049

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill - Summary of intangible assets amortization expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cost of sales
Finite-Lived Intangible Assets [Line Items]
Cost of sales	$ 911	$ 915

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill - Schedule of amortization of reacquired franchise rights (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangibles, net	$ 7,893	$ 8,804
Reacquired franchise rights
Finite-Lived Intangible Assets [Line Items]
Remainder of 2023	2,478
2024	2,469
2025	1,435
2026	681
2027	383
Thereafter	447
Intangibles, net	$ 7,893

Intangible Assets and Goodwil_5

Intangible Assets and Goodwill - Schedule of goodwill (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 21,629
Business combinations	0
Goodwill, ending balance	$ 21,629

Intangible Assets and Goodwil_6

Intangible Assets and Goodwill - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, impairment charges	$ 0	$ 0

Leases - Nature of Leases (Deta

Leases - Nature of Leases (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) renewal	Dec. 31, 2022 USD ($)
Lessee, Lease, Description [Line Items]
Operating lease liability adjustment | $	$ 175,881
Recognition of operating right-of-use assets | $	$ 174,673	$ 169,302
Real Estate | Real Estate Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Term of lease renewals	5 years
Land | Ground Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Number of renewal options	1
Term of lease renewals	5 years
Minimum | Real Estate
Lessee, Lease, Description [Line Items]
Initial terms of real estate leases	15 years
Minimum | Real Estate | Real Estate Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Number of renewal options	2
Maximum | Real Estate | Real Estate Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Number of renewal options	3

Leases - Summary of finance and

Leases - Summary of finance and operating lease right-of-use assets and lease liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Right-of-use assets
Finance lease right-of-use assets, net	$ 288,560	$ 247,943
Operating lease right-of-use assets, net	174,673	169,302
Total right-of-use assets	463,233	417,245
Finance leases
Current portion of finance lease liabilities	8,129	7,971
Finance lease liabilities, net of current portion	275,639	237,130
Operating leases
Current portion of operating lease liabilities	9,536	9,317
Operating lease liabilities, net of current portion	166,345	161,228
Total lease liabilities	$ 459,649	$ 415,646

Leases - Lease cost (Details)

Leases - Lease cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Finance lease cost
Amortization of right-of-use assets	$ 4,346	$ 2,194
Interest on lease liabilities	3,455	1,723
Total finance lease cost	7,801	3,917
Operating lease cost	4,512	3,847
Variable lease cost	1,378	493
Total lease cost	$ 13,691	$ 8,257

Leases - Future minimum lease p

Leases - Future minimum lease payments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Finance
Remainder of 2023	$ 17,009
2024	24,278
2025	24,565
2026	24,853
2027	25,597
Thereafter	316,961
Total	433,263
Less: imputed interest	(149,495)
Present value of minimum lease payments	283,768
Less: current portion	(8,129)	$ (7,971)
Finance lease liabilities, net of current portion	275,639	237,130
Operating
Remainder of 2023	12,609
2024	16,663
2025	16,416
2026	16,256
2027	15,933
Thereafter	164,248
Total	242,125
Less: imputed interest	(66,244)
Present value of minimum lease payments	175,881
Less: current portion	(9,536)	(9,317)
Operating lease liabilities, net of current portion	$ 166,345	$ 161,228

Leases - Additional lease infor

Leases - Additional lease information (Details)	Mar. 31, 2023
Leases [Abstract]
Weighted-average remaining lease term (years), Finance leases	16 years 2 months 12 days
Weighted-average remaining lease term (years), Operating leases	14 years 10 months 24 days
Weighted-average discount rate (percentages), Finance leases	5.40%
Weighted-average discount rate (percentages), Operating leases	4.30%

Leases - Supplemental cash flow

Leases - Supplemental cash flow information regarding leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$ 3,455	$ 1,723
Operating cash flows from operating leases	4,390	3,748
Financing cash flows from finance leases	3,369	997
Right-of-use assets obtained in exchange for lease obligations
Finance leases	42,036	64,954
Operating leases	$ 7,912	$ 157,249

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)		3 Months Ended
	Feb. 28, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Line of Credit Facility [Line Items]
Proceeds from line of credit		$ 40,000,000	$ 62,705,000
Long-term debt		99,379,000
The 2022 Credit Facility
Line of Credit Facility [Line Items]
Borrowing capacity	$ 500,000,000
The 2022 Credit Facility | Secured Debt
Line of Credit Facility [Line Items]
Delayed draw term loan facility	150,000,000
Borrowing capacity on term loan	100,000,000
Increase to borrowing capacity	$ 150,000,000
Term of credit facility	5 years
Amount drawn on credit facility	$ 100,000,000
Long-term debt		97,500,000
Balance outstanding on line of credit facility		97,500,000		$ 98,125,000
The 2022 Credit Facility | Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Borrowing capacity	250,000,000
Proceeds from line of credit	$ 28,000,000
Balance outstanding on line of credit facility		152,700,000
Remaining borrowing capacity		$ 97,300,000
Interest rate on term loan		7.31%
Interest rate on line of credit facility		7.29%
The 2022 Credit Facility | Revolving Credit Facility | Line of Credit | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.20%
The 2022 Credit Facility | Revolving Credit Facility | Line of Credit | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.45%
The 2022 Credit Facility | Letter of Credit | Line of Credit
Line of Credit Facility [Line Items]
Borrowing capacity	$ 50,000,000
The 2022 Credit Facility | Bridge Loan | Line of Credit
Line of Credit Facility [Line Items]
Borrowing capacity	$ 15,000,000

Debt - Schedule of debt instrum

Debt - Schedule of debt instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Line of Credit Facility [Line Items]
Finance obligation	$ 1,381	$ 1,379
Total debt	99,379	100,028
Less: loan origination fees	(1,054)	(1,122)
Less: current portion	(2,611)	(2,609)
Long-term debt, net of current portion	95,714	96,297
Secured Debt | The 2022 Credit Facility
Line of Credit Facility [Line Items]
Terms loan under credit facility	97,500	98,125
Unsecured Debt
Line of Credit Facility [Line Items]
Unsecured note payable	$ 498	$ 524

Debt - Maturity schedule (Detai

Debt - Maturity schedule (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Debt Disclosure [Abstract]
Remainder of 2023	$ 1,958
2024	4,491
2025	6,998
2026	13,256
2027	71,295
Thereafter	1,381
Total debt	$ 99,379

Fair Value Measurements (Detail

Fair Value Measurements (Details) $ in Millions	Mar. 31, 2023 USD ($)
Interest rate swap contract | Level 2 | Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total derivative instrument designated as cash flow hedge	$ 2.2

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details) - Designated as Hedging Instrument - Cash Flow Hedging - Interest rate swap contract - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate swap outstanding		$ 70,000,000
Fixed interest rate		2.67%
Expected reclassification of gain within the next twelve months	$ 1,300,000
SOFR
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Variable interest rate		4.81%

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of fair value derivative instruments included in condensed consolidated balance sheets (Details) - Designated as Hedging Instrument - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivative instrument designated as cash flow hedge	$ 2,242	$ 3,163
Interest rate swap contract
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Prepaid expenses and other current assets	1,341	1,457
Other long-term assets	$ 901	$ 1,706

Derivative Financial Instrume_5

Derivative Financial Instruments - Schedule of derivatives instruments effect on condensed consolidated statement of operations (Details) - Interest rate swap contract - Designated as Hedging Instrument $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Loss recognized in other comprehensive income before reclassifications	$ (571)
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification from accumulated other comprehensive income to earnings for the effective portion	(333)
Income tax benefit
Derivative Instruments, Gain (Loss) [Line Items]
Income tax benefit	$ 80

Income Taxes - Provision for in

Income Taxes - Provision for income taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 2,580	$ (214)
Effective tax rate	(37.90%)	1.30%

Equity and Equity-Based Compe_3

Equity and Equity-Based Compensation - Restricted stock awards (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) $ / shares
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	2,667
Vested (in shares) | shares	(1,263)
Forfeitures (in shares) | shares	(8)
Ending balance (in shares) | shares	1,396
Weighted-average grant date fair value per share
Beginning balance (in dollars per share)	$ 23
Vested (in dollars per share)	23
Forfeitures (in dollars per share)	23
Ending balance (in dollars per share)	$ 23
Fair value of vested share-based payment awards | $	$ 34,293	$ 66,187
Weighted-average vest date fair value per share (in dollars per share)	27.15	52.42
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	583
New grants (in shares) | shares	381
Vested (in shares) | shares	(200)
Forfeitures (in shares) | shares	(149)
Ending balance (in shares) | shares	615
Weighted-average grant date fair value per share
Beginning balance (in dollars per share)	$ 44.34
New grants (in dollars per share)	31.99
Vested (in dollars per share)	43.50
Forfeitures (in dollars per share)	43.62
Ending balance (in dollars per share)	$ 37.13
Fair value of vested share-based payment awards | $	$ 5,441	$ 10,406
Weighted-average vest date fair value per share (in dollars per share)	27.22	52.45

Equity and Equity-Based Compe_4

Equity and Equity-Based Compensation - Stock-based expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Selling, general and administrative expenses
Class of Stock [Line Items]
Selling, general, and administrative expenses	$ 9,170	$ 9,900

Equity and Equity-Based Compe_5

Equity and Equity-Based Compensation - Schedule of recognition of stock based compensation expense (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Share-Based Payment Arrangement [Abstract]
Remainder of 2023	$ 29,862
2024	7,490
2025	4,790
2026	666
Total unrecognized stock-based compensation	$ 42,808

Non-Controlling Interests - Nar

Non-Controlling Interests - Narrative (Details)	Mar. 31, 2023 $ / shares
Class A common stock | Public Stock Offering - Shares From Continuing Members
Noncontrolling Interest [Line Items]
Number of shares issued in reorganization transaction	$ 1

Non-Controlling Interests - Sch

Non-Controlling Interests - Schedule of ownership interest (Details)	Mar. 31, 2023 shares
Restricted stock awards
Noncontrolling Interest [Line Items]
Number of RSAs not vested (in shares)	1,400,000
Dutch Bros OpCo Class A common units held by Dutch Bros Inc.
Noncontrolling Interest [Line Items]
Common units outstanding (in units)	58,077,000
Class A common units held by Dutch Bros.	35.40%
Dutch Bros OpCo Class A common units held by non-controlling interest holders
Noncontrolling Interest [Line Items]
Common units outstanding (in units)	105,756,000
Dutch Bros OpCo Class A common units held by non-controlling interest holders	64.60%
Total Dutch Bros OpCo Class A common units outstanding
Noncontrolling Interest [Line Items]
Common units outstanding (in units)	163,833,000
Ownership %	100%

Non-Controlling Interests - Sum

Non-Controlling Interests - Summary of changes in ownership of LLC (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Noncontrolling Interest [Line Items]
Net loss attributable to Dutch Bros Inc.	$ (3,842)	$ (4,947)
Other comprehensive loss:
Unrealized loss on derivative securities, effective portion, net of income tax benefit	(842)
Transfers from (to) non-controlling interests:
Decrease in accumulated deficit as a result of the adoption of ASC 842	0	386
Increase in additional paid-in capital as a result of equity-based compensation	3,200	3,122
Decrease in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards, net of stock withheld for tax	(661)	(1,145)
Increase in additional paid-in capital as a result of the acquisition of Dutch Bros OpCo Class A common units	1,054	4,828
Total effect of changes in ownership interest on equity attributable to Dutch Bros Inc.	(472)	2,244
Accumulated Other Comprehensive Income
Other comprehensive loss:
Unrealized loss on derivative securities, effective portion, net of income tax benefit	$ (223)	$ 0

Non-Controlling Interests - S_2

Non-Controlling Interests - Schedule of non-controlling interest holders' weighted-average ownership percentage (Details)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Noncontrolling Interest [Abstract]
Weighted-average ownership percentage	65.10%	70.10%

Loss Per Share - Reconciliation

Loss Per Share - Reconciliation of numerator for loss per share (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net loss	$ (9,391)	$ (16,279)
Less: Net loss attributable to non-controlling interests	(5,549)	(11,332)
Net loss attributable to Dutch Bros Inc.	$ (3,842)	$ (4,947)

Loss Per Share - Computation of

Loss Per Share - Computation of basic and diluted loss per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Numerator:
NET LOSS ATTRIBUTABLE TO DUTCH BROS INC.	$ (3,842)	$ (4,947)
Denominator:
Weighted-average number of shares of Class A and Class D common stock outstanding - basic (in shares)	56,664	48,059
Basic net loss per share attributable to common stockholders (in dollars per share)	$ (0.07)	$ (0.10)
Numerator:
NET LOSS ATTRIBUTABLE TO DUTCH BROS INC.	$ (3,842)	$ (4,947)
Denominator:
Weighted-average number of shares of Class A and Class D common stock outstanding - basic (in shares)	56,664	48,059
Weighted-average number of shares of Class A and Class D common stock outstanding - diluted (in shares)	56,664	48,059
Diluted net loss per share attributable to common stockholders (in dollars per share)	$ (0.07)	$ (0.10)

Loss Per Share - Antidilutive s

Loss Per Share - Antidilutive securities (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total anti-dilutive securities (in shares)	2,011	3,279
Restricted stock awards
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total anti-dilutive securities (in shares)	1,396	2,737
Restricted stock units
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total anti-dilutive securities (in shares)	615	542

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Tax receivable agreements liability, net of current portion	$ 219,629	$ 220,923
Property Lease Guarantee
Other Commitments [Line Items]
Guarantor obligation in franchise lease payment	$ 1,500	$ 1,600

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Chief Executive Officer
Related Party Transaction [Line Items]
Donations to Dutch Bros Foundation	$ 63	$ 1,373

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) segment	Mar. 31, 2022 USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Number of operating segments | segment	2
Revenues:	$ 197,267	$ 152,156
Cost of sales:	151,523	121,167
Depreciation and amortization:	14,779	9,182
Selling, general and administrative	(45,976)	(45,214)
Interest expense, net	(7,886)	(2,489)
Other income	1,307	221
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	197,267	152,156
Cost of sales:	151,523	121,167
Segment contribution:	60,106	39,471
Depreciation and amortization:	14,362	8,482
Corporate, Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Selling, general and administrative	(45,976)	(45,214)
Interest expense, net	(7,886)	(2,489)
Other income	1,307	221
Loss before income taxes	(6,811)	(16,493)
Company-operated shops
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	173,164	130,187
Company-operated shops | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	173,164	130,187
Cost of sales:	144,292	113,548
Segment contribution:	41,873	23,779
Depreciation and amortization:	13,001	7,140
Franchising and other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	24,103	21,969
Franchising and other | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	24,103	21,969
Cost of sales:	7,231	7,619
Segment contribution:	18,233	15,692
Depreciation and amortization:	$ 1,361	$ 1,342

Uncategorized Items - bros-2023

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-02 [Member]