XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Total revenue $ 263,817 $ 374,150
Cost of revenue:    
Total cost of revenue 96,834 172,903
Gross profit 166,983 201,247
Operating expenses:    
Marketing 33,666 60,130
Selling, general and administrative 127,143 207,135
Goodwill impairment 0 109,486
Long-lived asset impairment 0 22,351
Restructuring and related charges 7,422 6
Total operating expenses 168,231 399,108
Income (loss) from operations (1,248) (197,861)
Other income (expense), net 18,123 (18,987)
Income (loss) from continuing operations before provision (benefit) for income taxes 16,875 (216,848)
Provision (benefit) for income taxes 2,427 (5,988)
Income (loss) from continuing operations 14,448 (210,860)
Income (loss) from discontinued operations, net of tax 0 382
Net income (loss) 14,448 (210,478)
Net (income) loss attributable to noncontrolling interests 110 (3,044)
Net income (loss) attributable to Groupon, Inc. $ 14,558 $ (213,522)
Basic net income (loss) per share:    
Continuing operations (in usd per share) $ 0.50 $ (7.54)
Discontinued operations (in usd per share) 0 0.01
Basic net income (loss) per share (in usd per share) 0.50 (7.53)
Diluted net income (loss) per share:    
Continuing operations (in usd per share) 0.48 (7.54)
Discontinued operations (in usd per share) 0 0.01
Diluted net income (loss) per share (in usd per share) $ 0.48 $ (7.53)
Weighted average number of shares outstanding    
Basic (in shares) 29,028,489 28,365,216
Diluted (in shares) 30,265,563 28,365,216
Comprehensive income (loss):    
Net change in unrealized gain (loss) on foreign currency translation adjustments $ (49,792) $ (1,961)
Reclassification of cumulative foreign currency translation adjustments 32,228 0
Other comprehensive income (loss) (17,564) (1,961)
Comprehensive income (loss) (3,116) (212,439)
Comprehensive (income) loss attributable to noncontrolling interest 110 (3,044)
Comprehensive income (loss) attributable to Groupon, Inc. (3,006) (215,483)
Service    
Revenue:    
Total revenue 172,624 207,028
Cost of revenue:    
Total cost of revenue 18,425 26,915
Product    
Revenue:    
Total revenue 91,193 167,122
Cost of revenue:    
Total cost of revenue 78,409 145,988
Continuing Operations    
Comprehensive income (loss):    
Other comprehensive income (loss) (17,564) (1,961)
Discontinued Operations    
Comprehensive income (loss):    
Other comprehensive income (loss) $ 0 $ 0