Unaudited Quarterly Financial Data |
Unaudited Quarterly Financial Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | Quarter Ended (unaudited) | | | | | | | | Year Ended December 31, | | | March 31, | | June 30, | | September 30, | | December 31, | | | 2019 | | | | | | | | | | | Net revenues | | $ | 1,204,722 | | | $ | 1,191,729 | | | $ | 1,429,456 | | | $ | 1,441,225 | | | $ | 5,267,132 | | Gross profit | | 544,787 | | | 554,321 | | | 689,898 | | | 681,527 | | | 2,470,533 | | Income (loss) from operations | | 35,259 | | | (11,482) | | | 138,920 | | | 74,073 | | | 236,770 | | Net income (loss) | | $ | 22,477 | | | $ | (17,349) | | | $ | 102,315 | | | $ | (15,304) | | | $ | 92,139 | | Basic net income (loss) per share of Class A, B and C common stock | | $ | 0.05 | | | $ | (0.04) | | | $ | 0.23 | | | $ | (0.03) | | | $ | 0.20 | | Diluted net income (loss) per share of Class A, B and C common stock | | $ | 0.05 | | | $ | (0.04) | | | $ | 0.23 | | | $ | (0.03) | | | $ | 0.20 | | | | | | | | | | | | | 2018 | | | | | | | | | | | Net revenues | | $ | 1,185,370 | | | $ | 1,174,859 | | | $ | 1,442,976 | | | $ | 1,389,980 | | | $ | 5,193,185 | | Gross profit | | 523,453 | | | 526,584 | | | 665,207 | | | 625,227 | | | 2,340,471 | | Income (loss) from operations | | (28,661) | | | (104,875) | | | 118,966 | | | (10,447) | | | (25,017) | | Net income (loss) | | $ | (30,242) | | | $ | (95,544) | | | $ | 75,266 | | | $ | 4,218 | | | $ | (46,302) | | Basic net income (loss) per share of Class A, B and C common stock | | $ | (0.07) | | | $ | (0.21) | | | $ | 0.17 | | | $ | 0.01 | | | $ | (0.10) | | Diluted net income (loss) per share of Class A, B and C common stock | | $ | (0.07) | | | $ | (0.21) | | | $ | 0.17 | | | $ | 0.01 | | | $ | (0.10) | |
|