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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jun. 30, 2018
Jul. 01, 2017
Revenues, net $ 409,747 $ 341,673 $ 817,970 $ 670,736
Cost of revenues 164,953 152,660 352,175 317,626
Gross profit 244,794 189,013 465,795 353,110
Marketing expenses 55,421 41,968 154,340 128,397
Selling, general and administrative expenses 61,665 50,839 121,676 98,273
Operating income 127,708 96,206 189,779 126,440
Interest expense 35,866 27,092 71,732 55,234
Other expense (income), net 1,333 (488) 1,097 154
Gain on early extinguishment of debt 0 (1,554) 0 (1,554)
Income before income taxes 90,509 71,156 116,950 72,606
Provision for income taxes 19,825 25,992 7,208 16,864
Net income 70,684 45,164 109,742 55,742
Net loss attributable to the noncontrolling interest 36 9 90 83
Net income attributable to Weight Watchers International, Inc. $ 70,720 $ 45,173 $ 109,832 $ 55,825
Earnings Per Share attributable to Weight Watchers International, Inc.        
Basic $ 1.07 $ 0.70 $ 1.67 $ 0.87
Diluted $ 1.01 $ 0.67 $ 1.57 $ 0.83
Weighted average common shares outstanding        
Basic 66,400 64,269 65,761 64,124
Diluted 70,154 67,737 69,914 67,304
Service        
Revenues, net $ 343,730 $ 283,001 $ 672,399 $ 544,477
Cost of revenues 128,159 120,325 267,939 245,210
Product and Other        
Revenues, net 66,017 58,672 145,571 126,259
Cost of revenues $ 36,794 $ 32,335 $ 84,236 $ 72,416