Quarterly Report — Form 10-Q Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-Q Quarterly Report HTML 908K
2: EX-31.1 Certification -- §302 - SOA'02 HTML 32K
3: EX-31.2 Certification -- §302 - SOA'02 HTML 31K
4: EX-32.1 Certification -- §906 - SOA'02 HTML 30K
11: R1 Cover HTML 85K
12: R2 Condensed Consolidated Balance Sheets (Unaudited) HTML 107K
13: R3 Condensed Consolidated Balance Sheets (Unaudited) HTML 35K
(Parenthetical)
14: R4 Condensed Consolidated Statements of Operations HTML 97K
(Unaudited)
15: R5 Condensed Consolidated Statements of Comprehensive HTML 46K
Loss (Unaudited) Statement
16: R6 Condensed Consolidated Statements of Changes in HTML 128K
Equity (Deficit) (Unaudited)
17: R7 Condensed Consolidated Statements of Cash Flows HTML 106K
(Unaudited)
18: R8 Organization and Basis of Presentation HTML 52K
19: R9 Summary of Significant Accounting Policies HTML 105K
20: R10 Inventories HTML 35K
21: R11 Prepaid and other assets HTML 46K
22: R12 Lease Abandonment, Impairment of Long-Lived Assets HTML 44K
and Store Closure and Other Related Charges
23: R13 Property, plant and equipment, net HTML 45K
24: R14 Leases HTML 155K
25: R15 Accrued liabilities HTML 38K
26: R16 Income taxes HTML 71K
27: R17 Long-Term Debt HTML 72K
28: R18 Noncontrolling Interests HTML 29K
29: R19 Variable Interest Entities HTML 31K
30: R20 Incentive Compensation Plans HTML 81K
31: R21 Earnings per Share HTML 61K
32: R22 Employee Benefit Plans HTML 28K
33: R23 Related Party Transactions HTML 33K
34: R24 Commitments and Contingencies HTML 50K
35: R25 Segment Reporting HTML 29K
36: R26 Summary of Significant Accounting Policies HTML 136K
(Policies)
37: R27 Summary of Significant Accounting Policies HTML 67K
(Tables)
38: R28 Inventories (Tables) HTML 36K
39: R29 Prepaid and other assets (Tables) HTML 45K
40: R30 Lease Abandonment, Impairment of Long-Lived Assets HTML 42K
and Store Closure and Other Related Charges
(Tables)
41: R31 Property, plant and equipment, net (Tables) HTML 45K
42: R32 Leases (Tables) HTML 115K
43: R33 Accrued liabilities (Tables) HTML 38K
44: R34 Income taxes (Tables) HTML 62K
45: R35 Long-Term Debt (Tables) HTML 62K
46: R36 Incentive Compensation Plans (Tables) HTML 73K
47: R37 Earnings per Share (Tables) HTML 62K
48: R38 Organization and Basis of Presentation - Initial HTML 33K
Public Offering (Details)
49: R39 Organization and Basis of Presentation - HTML 37K
Reorganization Transactions (Details)
50: R40 Organization and Basis of Presentation - Basis of HTML 28K
Presentation and Consolidation (Details)
51: R41 Organization and Basis of Presentation - COVID-19 HTML 36K
Pandemic (Details)
52: R42 Summary of Significant Accounting Policies - HTML 38K
Schedule of Revenue by Product Including Price
Concessions (Details)
53: R43 Summary of Significant Accounting Policies - HTML 31K
Deferred Revenue (Details)
54: R44 Summary of Significant Accounting Policies - HTML 31K
Shipping and Handling Costs (Details)
55: R45 Summary of Significant Accounting Policies - HTML 28K
Marketing and Selling Expenses (Details)
56: R46 Summary of Significant Accounting Policies - HTML 42K
Summary of Depreciation and Amortization, Income
Statement Location (Details)
57: R47 Summary of Significant Accounting Policies - Fair HTML 28K
Value of Financial Instruments (Details)
58: R48 Summary of Significant Accounting Policies - HTML 35K
Internally Developed Software Costs (Details)
59: R49 Summary of Significant Accounting Policies - Tax HTML 30K
Receivable Agreement (Details)
60: R50 Inventories - Schedule of Inventory (Details) HTML 33K
61: R51 Prepaid and other assets - Summary of Prepaid and HTML 46K
Other Assets (Details)
62: R52 Prepaid and other assets - Narrative (Details) HTML 29K
63: R53 Lease Abandonment, Impairment of Long-Lived Assets HTML 31K
and Store Closure and Other Related Charges -
Narrative (Details)
64: R54 Lease Abandonment, Impairment of Long-Lived Assets HTML 43K
and Store Closure and Other Related Charges -
Schedule of Restructuring Charges (Details)
65: R55 Property, plant and equipment, net - Schedule of HTML 54K
Property, Plant and Equipment (Details)
66: R56 Property, plant and equipment, net - Narrative HTML 38K
(Details)
67: R57 Leases - ROU Assets and Lease Liabilities HTML 58K
(Details)
68: R58 Leases - Components of Lease Cost (Details) HTML 48K
69: R59 Leases - Undiscounted Cash Flows of Operating HTML 78K
Lease and Finance Lease (Details)
70: R60 Accrued liabilities - Schedule of Accrued HTML 39K
Liabilities (Details)
71: R61 Income taxes - Schedule of Income Tax Provision HTML 53K
(Details)
72: R62 Income taxes - Narrative (Details) HTML 46K
73: R63 Long-Term Debt - Schedule of Debt and Capital HTML 52K
Lease Obligations (Details)
74: R64 Long-Term Debt - HPS Credit Facility (Details) HTML 75K
75: R65 Long-Term Debt - HPS Warrants (Details) HTML 38K
76: R66 Long-Term Debt - JPM Credit Facility (Details) HTML 37K
77: R67 Long-Term Debt - Align Redemption Promissory Note HTML 39K
(Details)
78: R68 Long-Term Debt - Schedule of Debt Maturities HTML 58K
(Details)
79: R69 Noncontrolling Interests - Narrative (Details) HTML 34K
80: R70 Variable Interest Entities (Details) HTML 30K
81: R71 Incentive Compensation Plans - Class A Common HTML 55K
Stock Options Narrative (Details)
82: R72 Incentive Compensation Plans - Schedule of Stock HTML 73K
Option Activity (Details)
83: R73 Incentive Compensation Plans - Incentive Bonus HTML 63K
Awards Narrative (Details)
84: R74 Incentive Compensation Plans - Non-IBA Restricted HTML 41K
Stock Units Narrative (Details)
85: R75 Incentive Compensation Plans - Schedule of HTML 58K
Restricted Stock Unit Activity (Details)
86: R76 Incentive Compensation Plans - Incentive Bonus HTML 41K
Units Narrative (Details)
87: R77 Incentive Compensation Plans - Employee Stock HTML 37K
Purchase Plan Narrative (Details)
88: R78 Incentive Compensation Plans - Narrative (Details) HTML 29K
89: R79 Earnings per Share - Summary of Earnings per Share HTML 60K
(Details)
90: R80 Earnings per Share - Antidilutive Securities HTML 36K
Excluded From Computation of Earnings per Share
(Details)
91: R81 Employee Benefit Plans (Details) HTML 42K
92: R82 Related Party Transactions - Products and Services HTML 57K
and Distribution Payable Narrative (Details)
93: R83 Commitments and Contingencies - Narrative HTML 52K
(Details)
94: R84 Segment Reporting - Narrative (Details) HTML 28K
96: XML IDEA XML File -- Filing Summary XML 182K
10: XML XBRL Instance -- sdc-20200630_htm XML 2.12M
95: EXCEL IDEA Workbook of Financial Reports XLSX 124K
6: EX-101.CAL XBRL Calculations -- sdc-20200630_cal XML 303K
7: EX-101.DEF XBRL Definitions -- sdc-20200630_def XML 895K
8: EX-101.LAB XBRL Labels -- sdc-20200630_lab XML 1.76M
9: EX-101.PRE XBRL Presentations -- sdc-20200630_pre XML 1.19M
5: EX-101.SCH XBRL Schema -- sdc-20200630 XSD 192K
97: JSON XBRL Instance as JSON Data -- MetaLinks 387± 603K
98: ZIP XBRL Zipped Folder -- 0001775625-20-000029-xbrl Zip 340K
1. I have reviewed this Quarterly Report on Form 10-Q of SmileDirectClub, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material
fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))
for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) [Paragraph omitted in accordance with Exchange Act Rule 13a-14(a)];
(c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is
reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal
control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
