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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net Sales $ 5,457,741 $ 4,588,433 $ 4,504,571
Cost of sales 2,831,079 2,345,330 2,527,230
Gross Profit 2,626,662 2,243,103 1,977,341
Advertising and promotion expenses 545,674 525,803 550,217
Other selling and administrative expenses 1,351,426 1,342,564 1,390,022
Operating Income 729,562 374,736 37,102
Interest expense 253,937 198,332 201,044
Interest (income) (3,503) (3,945) (6,166)
Other non-operating expense, net 8,364 2,692 1,879
Income (Loss) Before Income Taxes 470,764 177,657 (159,655)
(Benefit) provision for income taxes (420,381) 65,549 58,324
Income (loss) from equity method investments 11,842 11,471 (771)
Net Income (Loss) $ 902,987 $ 123,579 $ (218,750)
Net income (loss) per common share - basic (USD per share) $ 2.58 $ 0.36 $ (0.63)
Weighted-average number of common shares (in shares) 350,007 347,463 346,127
Net income (loss) per common share - diluted (USD per share) $ 2.53 $ 0.35 $ (0.63)
Weighted-average number of common and potential common shares (in shares) 357,253 349,116 346,127