XML 55 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]                    
Net Sales $ 1,481,557   $ 689,246 $ 1,437,451 $ 844,706   $ 1,549,309 $ 1,553,078 $ 3,030,866 $ 2,990,529
Cost of sales 795,130   449,456 824,395 587,546   968,135 1,077,045 1,763,265 1,901,440
Gross Profit 686,427   239,790 613,056 257,160   581,174 476,033 1,267,601 1,089,089
Advertising and promotion expenses 170,379   69,465 165,308 82,393   153,954 153,230 324,333 318,538
Other selling and administrative expenses 365,961   297,336 325,874 360,000   605,647 784,617 971,608 1,110,491
Operating Income (Loss) 150,087   (127,011) 121,874 (185,233)   (178,427) (461,814) (28,340) (339,940)
Interest expense 47,689     48,156         140,881 132,702
Interest (income) (821)     (785)         (4,625) (5,631)
Other non-operating expense, net 1,264     1,911         2,874 4,366
Income (Loss) Before Income Taxes 101,955   (173,601) 72,592 (230,064)   (269,425) (543,969) (167,470) (471,377)
Provision for income taxes 31,359   2,695 66,314 7,899   14,858 5,247 46,217 71,561
Net Income (Loss) $ 70,596 $ (107,987) $ (176,296) $ 6,278 $ (237,963) $ (311,253) $ (284,283) $ (549,216) $ (213,687) $ (542,938)
Net Income (Loss) Per Common Share - Basic (USD per share) $ 0.20   $ (0.51) $ 0.02 $ (0.69)   $ (0.82) $ (1.59) $ (0.62) $ (1.57)
Weighted average number of common shares (in shares) 346,698     345,285         346,210 344,774
Net Income (Loss) Per Common Share - Diluted (USD per share) $ 0.20   $ (0.51) $ 0.02 $ (0.69)   $ (0.82) $ (1.59) $ (0.62) $ (1.57)
Weighted average number of common and potential common shares (in shares) 348,487     345,672         346,210 344,774