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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 144,390,000 $ 214,171,000 $ 450,926,000 $ 743,946,000
Cost of revenue:        
Total cost of revenue 18,668,000 32,732,000 57,231,000 201,581,000
Gross profit 125,722,000 181,439,000 393,695,000 542,365,000
Operating expenses:        
Marketing 37,897,000 53,159,000 106,685,000 130,545,000
Selling, general and administrative 119,243,000 119,494,000 369,601,000 384,606,000
Goodwill impairment 0 0 35,424,000 0
Long-lived asset impairment 0 0 8,811,000 0
Restructuring and related charges 4,912,000 12,483,000 8,163,000 34,150,000
Total operating expenses 162,052,000 185,136,000 528,684,000 549,301,000
Income (loss) from operations (36,330,000) (3,697,000) (134,989,000) (6,936,000)
Other income (expense), net (23,541,000) 82,533,000 (49,761,000) 97,729,000
Income (loss) from operations before provision (benefit) for income taxes (59,871,000) 78,836,000 (184,750,000) 90,793,000
Provision (benefit) for income taxes (4,328,000) 135,000 (4,605,000) 773,000
Net income (loss) (55,543,000) 78,701,000 (180,145,000) 90,020,000
Net (income) loss attributable to noncontrolling interests (680,000) (594,000) (2,157,000) (737,000)
Net income (loss) attributable to Groupon, Inc. $ (56,223,000) $ 78,107,000 $ (182,302,000) $ 89,283,000
Net income (loss) per share:        
Basic (in usd per share) $ (1.86) $ 2.64 $ (6.06) $ 3.05
Diluted (in usd per share) $ (1.86) $ 2.36 $ (6.06) $ 2.80
Weighted average number of shares outstanding:        
Basic (in shares) 30,307,734 29,567,802 30,070,598 29,282,932
Diluted (in shares) 30,307,734 33,364,538 30,070,598 32,393,891
Comprehensive income (loss):        
Net income (loss) $ (55,543,000) $ 78,701,000 $ (180,145,000) $ 90,020,000
Other comprehensive income (loss):        
Net change in unrealized gain (loss) on foreign currency translation adjustments 22,283,000 6,770,000 46,470,000 (46,353,000)
Reclassification of cumulative foreign currency translation adjustments (See Note 9) 0 (16,000) 0 32,268,000
Other comprehensive income (loss) 22,283,000 6,754,000 46,470,000 (14,085,000)
Comprehensive income (loss) (33,260,000) 85,455,000 (133,675,000) 75,935,000
Comprehensive (income) loss attributable to noncontrolling interest (680,000) (594,000) (2,157,000) (737,000)
Comprehensive income (loss) attributable to Groupon, Inc. (33,940,000) 84,861,000 (135,832,000) 75,198,000
Service        
Revenue:        
Total revenue 144,390,000 198,976,000 450,926,000 577,761,000
Cost of revenue:        
Total cost of revenue 18,668,000 19,127,000 57,231,000 58,719,000
Product        
Revenue:        
Total revenue 0 15,195,000 0 166,185,000
Cost of revenue:        
Total cost of revenue $ 0 $ 13,605,000 $ 0 $ 142,862,000