XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net Sales $ 732,136 $ 860,063 $ 1,326,206 $ 1,549,309
Cost of sales 411,288 518,679 750,175 968,135
Gross Profit 320,848 341,384 576,031 581,174
Advertising and promotion expenses 60,172 84,489 136,454 153,954
Other selling and administrative expenses 306,817 308,311 635,529 605,647
Operating Loss (46,141) (51,416) (195,952) (178,427)
Interest expense 49,615 46,234 98,595 93,192
Interest (income) (1,025) (1,532) (3,108) (3,804)
Other non-operating expense (income), net 1,602 (294) 3,743 1,610
Loss Before Income Taxes (96,333) (95,824) (295,182) (269,425)
Provision for income taxes 12,839 12,163 24,732 14,858
Net Loss $ (109,172) $ (107,987) $ (319,914) $ (284,283)
Net Loss Per Common Share - Basic (USD per share) $ (0.31) $ (0.31) $ (0.92) $ (0.82)
Weighted average number of common shares (in shares) 346,875 345,941 346,778 345,946
Net Loss Per Common Share - Diluted (USD per share) $ (0.31) $ (0.31) $ (0.92) $ (0.82)
Weighted average number of common and potential common shares (in shares) 346,875 345,941 346,778 345,946