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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Service $ 301,797 [1] $ 301,577
Product 324,743 372,049
Total revenue 626,540 [2] 673,626
Cost of revenue:    
Service 31,145 [3] 42,873
Product 270,510 321,302
Total cost of revenue 301,655 [3] 364,175
Gross profit 324,885 309,451
Operating expenses:    
Marketing 99,156 [4] 86,342
Selling, general and administrative 222,061 [5] 232,058
Restructuring charges 283 2,731
Total operating expenses 321,500 321,131
Income (loss) from operations [6],[7] 3,385 (11,680)
Other income (expense), net (8,515) (4,602)
Income (loss) from continuing operations before provision (benefit) for income taxes (5,130) (16,282)
Provision (benefit) for income taxes (2,335) 4,587
Income (loss) from continuing operations (2,795) (20,869)
Income (loss) from discontinued operations, net of tax 0 487 [8]
Net income (loss) (2,795) (20,382)
Net income attributable to noncontrolling interests (4,093) (4,032)
Net income (loss) attributable to Groupon, Inc. $ (6,888) $ (24,414)
Basic and diluted net income (loss) per share:    
Continuing operations (in usd per share) $ (0.01) $ (0.04)
Discontinued operations (in usd per share) 0.00 0.00
Basic and diluted net income (loss) per share (in usd per share) $ (0.01) $ (0.04)
Weighted average number of shares outstanding    
Basic (in shares) 561,735,937 562,195,243
Diluted (in shares) 561,735,937 562,195,243
[1] (1)Reflects decreases of $5.6 million related to the timing of recognition of variable consideration from unredeemed vouchers, $3.3 million related to the timing of recognition of revenue from hotel reservation offerings and $0.7 million related to the timing of recognition of breakage revenue from customer credits that are not expected to be used, partially offset by a $7.8 million increase for refunds on service revenue transactions for which the merchant's share is not recoverable and customer credits issued for relationship purposes, which are classified as reductions of revenue under Topic 606.
[2] (1)North America includes revenue from the United States of $385.4 million and $464.7 million for the three months ended March 31, 2018 and 2017, respectively. International includes revenue from the United Kingdom of $83.0 million and $65.5 million for the three months ended March 31, 2018 and 2017, respectively. There were no other individual countries that represented more than 10% of consolidated total revenue for the three months ended March 31, 2018 and 2017. Prior to the second quarter of 2017, revenue was attributed to individual countries based on the domicile of the legal entities within the Company's consolidated group that undertook those transactions.
[3] (2)Reflects an increase for refunds on service revenue transactions for which the merchant's share is not recoverable, which are classified as a reduction of revenue under Topic 606.
[4] (3)Reflects an increase for customer credits issued for relationship purposes, which are classified as a reduction of revenue under Topic 606.
[5] (4)Reflects the amortization of deferred contract acquisition costs in excess of amounts capitalized in the current period.
[6] (1)Includes stock-based compensation of $17.9 million and $18.3 million for North America for the three months ended March 31, 2018 and 2017, respectively, and $1.4 million for International for the three months ended March 31, 2018 and 2017.
[7] (2)Includes restructuring charges of $2.0 million for North America for the three months ended March 31, 2017 and $0.3 million and $0.8 million for International for the three months ended March 31, 2018 and 2017, respectively.
[8] (1)The income (loss) from discontinued operations before loss on dispositions and provision for income taxes for the three months ended March 31, 2017 includes the results of each business through its respective disposition date.