XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net revenues $ 1,545,532 $ 1,433,021 $ 4,154,261 $ 3,070,901
Cost of goods sold 757,428 746,701 2,068,695 1,604,428
Gross profit 788,104 686,320 2,085,566 1,466,473
Selling, general and administrative expenses 599,384 553,549 1,659,025 1,586,156
Restructuring and impairment charges 16,656 74,201 26,382 549,601
Income (loss) from operations 172,064 58,570 400,159 (669,284)
Interest income (expense), net (9,261) (14,955) (36,705) (32,251)
Other income (expense), net (29,476) (7,184) (75,150) (10,493)
Income (loss) before income taxes 133,327 36,431 288,304 (712,028)
Income tax expense (benefit) 18,962 (3,714) 38,870 14,696
Income (loss) from equity method investments (921) (1,199) 969 (6,906)
Net income (loss) $ 113,444 $ 38,946 $ 250,403 $ (733,630)
Basic net income (loss) per share of Class A, B and C common stock (in dollars per share) $ 0.24 $ 0.09 $ 0.54 $ (1.62)
Diluted net income (loss) per share of Class A, B and C common stock (in dollars per share) $ 0.24 $ 0.09 $ 0.54 $ (1.62)
Weighted average common shares outstanding Class A, B and C common stock        
Basic (in shares) 470,002 454,541 461,908 453,847
Diluted (in shares) 473,116 456,674 464,918 453,847