XML 106 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue, net                      
Total net revenue $ 370,881 $ 347,099 $ 373,709 $ 367,729 $ 452,548 $ 440,580 $ 483,133 $ 445,331 $ 1,459,418 $ 1,821,592 $ 1,744,756
Cost of goods sold                      
Total cost of goods sold 294,359 277,551 299,810 294,605 370,968 353,864 391,390 351,462 1,166,325 1,467,684 1,404,205
Gross profit 76,522 69,548 73,899 73,124 81,580 86,716 91,743 93,869 293,093 353,908 340,551
Operating expenses:                      
Sales and marketing 40,868 34,215 34,560 33,477 47,537 55,312 94,416 77,214 143,120 274,479 180,589
Technology 33,970 32,782 33,153 35,433 34,557 33,880 32,423 31,294 135,338 132,154 115,878
General and administrative 33,247 32,681 31,964 40,232 47,930 45,356 31,440 39,755 138,124 164,481 90,718
Total operating expenses 108,085 99,678 99,677 109,142 130,024 134,548 158,279 148,263 416,582 571,114 387,185
Operating loss (31,563) (30,130) (25,778) (36,018) (48,444) (47,832) (66,536) (54,394) (123,489) (217,206) (46,634)
Interest income 315 449 630 403 661 383 620 544 1,797 2,208 659
Interest expense (53) (57) (105) (127) (98) (101) (395) (874) (342) (1,468) (2,937)
Other income (expense), net 1,547 (4,781) (2,995) (6,272) (1,999) (1,848) 368 (9) (12,501) (3,488) 1,178
Loss before income taxes (29,754) (34,519) (28,248) (42,014) (49,880) (49,398) (65,943) (54,733) (134,535) (219,954) (47,734)
Provision (benefit) from income taxes (94) 23 (622) 878 (1,939) (141) (27) (277) 185 (2,384) 64,188
Consolidated net loss (29,660) (34,542) (27,626) (42,892) (47,941) (49,257) (65,916) (54,456) (134,720) (217,570) (111,922)
Less: Net loss attributable to noncontrolling interests (2,682) (3,604) (2,945) (3,648) (5,614) (1,334) (1,005) (3,547) (12,879) (11,500) (2,044)
Net loss attributable to stockholders of Overstock.com, Inc. $ (26,978) $ (30,938) $ (24,681) $ (39,244) $ (42,327) $ (47,923) $ (64,911) $ (50,909) $ (121,841) $ (206,070) $ (109,878)
Net loss per common share—basic:                      
Net loss attributable to common shares—basic: $ (0.73) $ (0.89) $ (0.69) $ (1.18) $ (1.39) $ (1.55) $ (2.20) $ (1.74) $ (3.46) $ (6.83) $ (4.28)
Weighted average common shares outstanding—basic 36,573 35,241 35,225 32,370 32,112 30,279 28,903 28,566 34,865 29,976 25,044
Net loss per common share—diluted:                      
Net loss attributable to common shares—diluted: $ (0.73) $ (0.89) $ (0.69) $ (1.18) $ (1.39) $ (1.55) $ (2.20) $ (1.74) $ (3.46) $ (6.83) $ (4.28)
Weighted average common shares outstanding—diluted 36,573 35,241 35,225 32,370 32,112 30,279 28,903 28,566 34,865 29,976 25,044
Retail                      
Revenue, net                      
Total net revenue                 $ 1,434,974 $ 1,800,187 $ 1,728,104
Cost of goods sold                      
Total cost of goods sold                 1,147,025 1,452,195 1,392,558
Other                      
Revenue, net                      
Total net revenue                 24,444 21,405 16,652
Cost of goods sold                      
Total cost of goods sold                 $ 19,300 $ 15,489 $ 11,647