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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Total revenue $ 153,216 $ 265,958 $ 306,536 $ 529,775
Cost of revenue:        
Total cost of revenue 19,244 72,015 38,563 168,849
Gross profit 133,972 193,943 267,973 360,926
Operating expenses:        
Marketing 29,372 43,720 68,788 77,386
Selling, general and administrative 123,938 137,969 250,358 265,112
Goodwill impairment 35,424 0 35,424 0
Long-lived asset impairment 8,811 0 8,811 0
Restructuring and related charges 2,939 14,245 3,251 21,667
Total operating expenses 200,484 195,934 366,632 364,165
Income (loss) from operations (66,512) (1,991) (98,659) (3,239)
Other income (expense), net (21,340) (2,927) (26,220) 15,196
Income (loss) from operations before provision (benefit) for income taxes (87,852) (4,918) (124,879) 11,957
Provision (benefit) for income taxes 2,398 (1,789) (277) 638
Net income (loss) (90,250) (3,129) (124,602) 11,319
Net (income) loss attributable to noncontrolling interests (977) (253) (1,477) (143)
Net income (loss) attributable to Groupon, Inc. $ (91,227) $ (3,382) $ (126,079) $ 11,176
Net income (loss) per share:        
Basic (in usd per share) $ (3.04) $ (0.12) $ (4.21) $ 0.38
Diluted (in usd per share) $ (3.04) $ (0.12) $ (4.21) $ 0.37
Weighted average number of shares outstanding:        
Basic (in shares) 30,039,233 29,273,806 29,952,018 29,139,930
Diluted (in shares) 30,039,233 29,273,806 29,952,018 30,120,851
Comprehensive income (loss):        
Net income (loss) $ (90,250) $ (3,129) $ (124,602) $ 11,319
Other comprehensive income (loss):        
Net change in unrealized gain (loss) on foreign currency translation adjustments 20,818 (3,331) 24,187 (53,123)
Reclassification of cumulative foreign currency translation adjustments (See Note 9) 0 56 0 32,284
Other comprehensive income (loss) 20,818 (3,275) 24,187 (20,839)
Comprehensive income (loss) (69,432) (6,404) (100,415) (9,520)
Comprehensive (income) loss attributable to noncontrolling interest (977) (253) (1,477) (143)
Comprehensive income (loss) attributable to Groupon, Inc. (70,409) (6,657) (101,892) (9,663)
Service        
Revenue:        
Total revenue 153,216 206,161 306,536 378,785
Cost of revenue:        
Total cost of revenue 19,244 21,167 38,563 39,592
Product        
Revenue:        
Total revenue 0 59,797 0 150,990
Cost of revenue:        
Total cost of revenue $ 0 $ 50,848 $ 0 $ 129,257