XML 49 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Summary of Reportable Segments

Information about the Company’s reportable segments are as follows (in thousands):

 

 

 

Three Months Ended June 30, 2019

 

 

 

Ecommerce

 

 

TDA

 

 

Wholesale

 

 

Consolidated

 

Revenues from external customers

 

$

120,953

 

 

$

85,413

 

 

$

54,531

 

 

$

260,897

 

Gross profit

 

$

7,295

 

 

$

6,101

 

 

$

449

 

 

$

13,845

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2020

 

 

 

Ecommerce

 

 

TDA

 

 

Wholesale

 

 

Consolidated

 

Revenues from external customers

 

$

175,568

 

 

$

26,604

 

 

$

50,921

 

 

$

253,093

 

Gross profit (loss)

 

$

7,219

 

 

$

931

 

 

$

(543

)

 

$

7,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2019

 

 

 

Ecommerce

 

 

TDA

 

 

Wholesale

 

 

Consolidated

 

Revenues from external customers

 

$

210,808

 

 

$

178,497

 

 

$

106,651

 

 

$

495,956

 

Gross profit

 

$

13,049

 

 

$

12,179

 

 

$

629

 

 

$

25,857

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2020

 

 

 

Ecommerce

 

 

TDA

 

 

Wholesale

 

 

Consolidated

 

Revenues from external customers

 

$

408,740

 

 

$

113,628

 

 

$

106,497

 

 

$

628,865

 

Gross profit (loss)

 

$

21,486

 

 

$

6,346

 

 

$

(1,838

)

 

$

25,994

 

Schedule of Reconciliation Between Reportable Segment Gross Profit to Consolidated Loss Before Provision for Income Taxes

The reconciliation between reportable segment gross profit to consolidated loss before provision for income taxes is as follows (in thousands):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

Segment gross profit

 

$

13,845

 

 

$

7,607

 

 

$

25,857

 

 

$

25,994

 

Selling, general and administrative expenses

 

 

43,692

 

 

 

47,911

 

 

 

80,275

 

 

 

106,291

 

Depreciation and amortization

 

 

1,501

 

 

 

1,083

 

 

 

3,034

 

 

 

2,049

 

Interest expense

 

 

3,388

 

 

 

1,297

 

 

 

6,106

 

 

 

4,123

 

Interest Income

 

 

(1,415

)

 

 

(715

)

 

 

(3,264

)

 

 

(2,671

)

Revaluation of preferred stock warrant

 

 

60

 

 

 

21,260

 

 

 

142

 

 

 

20,470

 

Other income, net

 

 

(12

)

 

 

(53

)

 

 

(31

)

 

 

(86

)

Loss before provision (benefit) for income taxes

 

$

(33,369

)

 

$

(63,176

)

 

$

(60,405

)

 

$

(104,182

)