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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Revenues, net $ 348,567 $ 365,765 $ 1,080,754 $ 1,183,735
Cost of revenues 153,798 150,371 469,223 502,546
Gross profit 194,769 215,394 611,531 681,189
Marketing expenses 36,327 35,515 200,543 189,855
Selling, general and administrative expenses 63,713 61,019 188,889 182,696
Operating income 94,729 118,860 222,099 308,638
Interest expense 33,118 35,506 103,045 107,238
Other expense, net 1,460 881 2,201 1,978
Income before income taxes 60,151 82,473 116,853 199,422
Provision for income taxes 13,123 12,374 26,834 19,580
Net income 47,028 70,099 90,019 179,842
Net loss attributable to the noncontrolling interest 58 33 214 122
Net income attributable to WW International, Inc. $ 47,086 $ 70,132 $ 90,233 $ 179,964
Earnings Per Share attributable to WW International, Inc.        
Basic $ 0.70 $ 1.05 $ 1.34 $ 2.72
Diluted $ 0.68 $ 1.00 $ 1.30 $ 2.57
Weighted average common shares outstanding        
Basic 67,298 66,701 67,129 66,074
Diluted 69,617 70,331 69,364 70,117
Service        
Revenues, net $ 298,041 $ 311,963 $ 918,535 $ 984,362
Cost of revenues 122,374 122,357 373,452 390,296
Product and Other        
Revenues, net 50,526 53,802 162,219 199,373
Cost of revenues $ 31,424 $ 28,014 $ 95,771 $ 112,250