XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Total revenue $ 265,958 $ 395,646 $ 529,775 $ 769,796
Cost of revenue:        
Total cost of revenue 72,015 258,420 168,849 431,323
Gross profit 193,943 137,226 360,926 338,473
Operating expenses:        
Marketing 43,720 25,242 77,386 85,372
Selling, general and administrative 137,969 143,619 265,112 350,760
Goodwill impairment 0 0 0 109,486
Impairment of long-lived assets 0 0 0 22,351
Restructuring and related charges 14,245 40,478 21,667 40,478
Total operating expenses 195,934 209,339 364,165 608,447
Income (loss) from operations (1,991) (72,113) (3,239) (269,974)
Other income (expense), net (2,927) (1,695) 15,196 (20,682)
Income (loss) from continuing operations before provision (benefit) for income taxes (4,918) (73,808) 11,957 (290,656)
Provision (benefit) for income taxes (1,789) (696) 638 (6,684)
Income (loss) from continuing operations (3,129) (73,112) 11,319 (283,972)
Income (loss) from discontinued operations, net of tax 0 0 0 382
Net income (loss) (3,129) (73,112) 11,319 (283,590)
Net (income) loss attributable to noncontrolling interests (253) 995 (143) (2,049)
Net income (loss) attributable to Groupon, Inc. $ (3,382) $ (72,117) $ 11,176 $ (285,639)
Basic net income (loss) per share:        
Continuing operations (in usd per share) $ (0.12) $ (2.53) $ 0.38 $ (10.06)
Discontinued operations (in usd per share) 0 0 0 0.01
Basic net income (loss) per share (in usd per share) (0.12) (2.53) 0.38 (10.05)
Diluted net income (loss) per share:        
Continuing operations (in usd per share) (0.12) (2.53) 0.37 (10.06)
Discontinued operations (in usd per share) 0 0 0 0.01
Diluted net income (loss) per share (in usd per share) $ (0.12) $ (2.53) $ 0.37 $ (10.05)
Weighted average number of shares outstanding:        
Basic (in shares) 29,273,806 28,493,258 29,139,930 28,426,308
Diluted (in shares) 29,273,806 28,493,258 30,120,851 28,426,308
Comprehensive income (loss):        
Net change in unrealized gain (loss) on foreign currency translation adjustments $ (3,331) $ (7,632) $ (53,123) $ (9,593)
Reclassification of cumulative foreign currency translation adjustments (See Note 5) 56 0 32,284 0
Other comprehensive income (loss) (3,275) (7,632) (20,839) (9,593)
Comprehensive income (loss) (6,404) (80,744) (9,520) (293,183)
Comprehensive (income) loss attributable to noncontrolling interest (253) 995 (143) (2,049)
Comprehensive income (loss) attributable to Groupon, Inc. (6,657) (79,749) (9,663) (295,232)
Service        
Revenue:        
Total revenue 206,161 112,377 378,785 319,405
Cost of revenue:        
Total cost of revenue 21,167 16,242 39,592 43,157
Product        
Revenue:        
Total revenue 59,797 283,269 150,990 450,391
Cost of revenue:        
Total cost of revenue 50,848 242,178 129,257 388,166
Continuing Operations        
Comprehensive income (loss):        
Other comprehensive income (loss) (3,275) (7,632) (20,839) (9,593)
Discontinued Operations        
Comprehensive income (loss):        
Other comprehensive income (loss) $ 0 $ 0 $ 0 $ 0