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Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information (Unaudited) |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (In thousands, except per share amounts)
Year Ended December 31, 2017 |  |  |  |  |  |  |
Net sales | $ | 735,618 |  |  | $ | 974,477 |  |  | $ | 1,560,983 |  |  | $ | 1,610,873 |
Gross profit | 278,778 |  |  | 399,765 |  |  | 647,149 |  |  | 495,137 |
Advertising and promotion expenses | 73,562 |  |  | 95,499 |  |  | 179,691 |  |  | 293,534 |
Other selling and administrative expenses | 332,244 |  |  | 352,943 |  |  | 381,756 |  |  | 454,423 |
Operating (loss) income | (127,028 | ) |  | (48,677 | ) |  | 85,702 |  |  | (252,820 | )
(Loss) income before income taxes | (145,671 | ) |  | (73,743 | ) |  | 61,263 |  |  | (346,836 | )
Net loss (a) | (113,231 | ) |  | (56,075 | ) |  | (603,247 | ) |  | (281,283 | )
Net loss per common share—basic | $ | (0.33 | ) |  | $ | (0.16 | ) |  | $ | (1.75 | ) |  | $ | (0.82 | )
Weighted average number of common shares | 342,914 |  |  | 343,116 |  |  | 343,870 |  |  | 344,294 |
Net loss per common share—diluted | $ | (0.33 | ) |  | $ | (0.16 | ) |  | $ | (1.75 | ) |  | $ | (0.82 | )
Weighted average number of common and potential common shares | 342,914 |  |  | 343,116 |  |  | 343,870 |  |  | 344,294 |
Dividends declared per common share | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.15 |  |  | $ | — |
Common stock market price: |  |  |  |  |  |  |
High | $ | 31.56 |  |  | $ | 25.73 |  |  | $ | 21.63 |  |  | $ | 18.81 |
Low | 24.96 |  |  | 20.01 |  |  | 14.52 |  |  | 13.04 |
Year Ended December 31, 2016 |  |  |  |  |  |  |
Net sales | $ | 869,399 |  |  | $ | 957,276 |  |  | $ | 1,795,575 |  |  | $ | 1,834,400 |
Gross profit | 388,671 |  |  | 433,567 |  |  | 870,765 |  |  | 861,388 |
Advertising and promotion expenses | 86,943 |  |  | 94,771 |  |  | 202,900 |  |  | 250,333 |
Other selling and administrative expenses | 350,874 |  |  | 350,456 |  |  | 350,469 |  |  | 348,412 |
Operating (loss) income | (49,146 | ) |  | (11,660 | ) |  | 317,396 |  |  | 262,643 |
(Loss) income before income taxes | (93,479 | ) |  | (29,752 | ) |  | 294,028 |  |  | 238,945 |
Net (loss) income (a) | (72,959 | ) |  | (19,114 | ) |  | 236,250 |  |  | 173,845 |
Net (loss) income per common share—basic | $ | (0.21 | ) |  | $ | (0.06 | ) |  | $ | 0.69 |  |  | $ | 0.51 |
Weighted average number of common shares | 340,369 |  |  | 340,926 |  |  | 341,961 |  |  | 342,653 |
Net (loss) income per common share—diluted | $ | (0.21 | ) |  | $ | (0.06 | ) |  | $ | 0.68 |  |  | $ | 0.50 |
Weighted average number of common and potential common shares | 340,369 |  |  | 340,926 |  |  | 344,226 |  |  | 344,996 |
Dividends declared per common share | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |
Common stock market price: |  |  |  |  |  |  |
High | $ | 33.62 |  |  | $ | 34.26 |  |  | $ | 34.12 |  |  | $ | 33.09 |
Low | 24.87 |  |  | 28.89 |  |  | 30.28 |  |  | 27.55 |
(a) | Net losses in the first and second quarters of 2017 included net discrete tax expense of $0.5 million and net discrete tax benefits of $3.2 million, respectively, primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted law changes. Net loss in the third quarter of 2017 included net discrete tax expense of $561.9 million, primarily related to the establishment of a valuation allowance. Net loss in the fourth quarter of 2017 included a net discrete tax benefit of $104.4 million primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted law changes. Net loss for the first and second quarters of 2016 included net discrete tax expense of $0.2 million and net discrete tax benefits of $4.0 million, respectively, primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted law changes. Net income for the third and fourth quarters of 2016 included net discrete tax benefits of $9.0 million and $4.0 million, respectively, primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted tax law changes and the adoption of a new accounting pronouncement.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1280-108306 + Details
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