XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net Sales $ 874,192 $ 594,069
Cost of sales 465,188 338,886
Gross Profit 409,004 255,183
Advertising and promotion expenses 74,096 76,282
Other selling and administrative expenses 303,870 328,711
Operating Income (Loss) 31,038 (149,810)
Interest expense 130,482 48,980
Interest (income) (820) (2,084)
Other non-operating (income) expense, net (1,086) 3,023
Loss Before Income Taxes (97,538) (199,729)
Provision for income taxes 20,305 11,892
Income from equity method investments 2,625 880
Net Loss $ (115,218) $ (210,741)
Net Loss Per Common Share - Basic (USD per share) $ (0.33) $ (0.61)
Weighted average number of common shares (in shares) 349,041 346,867
Net Loss Per Common Share - Diluted (USD per share) $ (0.33) $ (0.61)
Weighted average number of common and potential common shares (in shares) 349,041 346,867