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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net Sales $ 1,631,691 $ 1,481,557 $ 2,957,897 $ 3,030,866
Cost of sales 799,307 795,130 1,549,482 1,763,265
Gross Profit 832,384 686,427 1,408,415 1,267,601
Advertising and promotion expenses 102,527 170,379 238,981 324,333
Other selling and administrative expenses 345,700 365,961 981,229 971,608
Operating Income (Loss) 384,157 150,087 188,205 (28,340)
Interest expense 50,415 47,689 149,010 140,881
Interest (income) (455) (821) (3,564) (4,625)
Other non-operating (income) expense, net (3,877) 1,264 (133) 2,874
Income (Loss) Before Income Taxes 338,074 101,955 42,892 (167,470)
Provision for income taxes 22,080 31,359 46,811 46,217
Net Income (Loss) $ 315,994 $ 70,596 $ (3,919) $ (213,687)
Net Income (Loss) Per Common Share - Basic (USD per share) $ 0.91 $ 0.20 $ (0.01) $ (0.62)
Weighted average number of common shares (in shares) 347,628 346,698 347,206 346,210
Net Income (Loss) Per Common Share - Diluted (USD per share) $ 0.91 $ 0.20 $ (0.01) $ (0.62)
Weighted average number of common and potential common shares (in shares) 348,714 348,487 347,206 346,210