XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net Sales $ 708,372 $ 735,618
Cost of sales 489,499 456,840
Gross Profit 218,873 278,778
Advertising and promotion expenses 70,837 73,562
Other selling and administrative expenses 424,617 330,829
Operating Loss (276,581) (125,613)
Interest expense 41,079 22,030
Interest (income) (3,147) (2,466)
Other non-operating (income) expense, net (608) 494
Loss Before Income Taxes (313,905) (145,671)
Benefit from income taxes (2,652) (32,440)
Net Loss $ (311,253) $ (113,231)
Net Loss Per Common Share—Basic (USD per share) $ (0.90) $ (0.33)
Weighted average number of common shares 344,434 342,914
Net Loss Per Common Share—Diluted (USD per share) $ (0.90) $ (0.33)
Weighted average number of common and potential common shares 344,434 342,914
Dividends Declared Per Common Share (USD per share) $ 0 $ 0.38