XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net revenue $ 422,211 $ 528,122 $ 803,351 $ 1,064,159
Cost of goods sold 327,839 407,017 619,266 817,842
Gross profit 94,372 121,105 184,085 246,317
Operating expenses        
Sales and marketing 49,242 57,940 96,290 116,453
Technology 27,706 30,542 58,252 63,531
General and administrative 21,673 21,081 42,156 42,337
Total operating expenses 98,621 109,563 196,698 222,321
Operating income (loss) (4,249) 11,542 (12,613) 23,996
Interest income (expense), net 3,059 115 5,618 (10)
Other expense, net (80,673) (1,981) (88,062) (2,095)
Income (loss) before income taxes (81,863) 9,676 (95,057) 21,891
Provision (benefit) for income taxes (8,370) 2,529 (11,257) 4,621
Net income (loss) attributable to stockholders of Overstock.com, Inc. $ (73,493) $ 7,147 $ (83,800) $ 17,270
Net income (loss) per share of common stock:        
Basic $ (1.63) $ 0.12 $ (1.86) $ 0.33
Diluted $ (1.63) $ 0.12 $ (1.86) $ 0.33
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]        
Basic 45,200,000 43,072,000 45,134,000 43,062,000
Diluted 45,200,000 43,159,000 45,134,000 43,221,000