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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Summary of Segments

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

 

 

 

Three Months Ended June 30, 2021

 

 

 

Ecommerce

 

 

Wholesale

 

 

TDA

 

 

All Other

 

 

Total

 

Revenues from external customers

 

$

579,663

 

 

$

128,108

 

 

$

50,759

 

 

$

3,360

 

 

$

761,890

 

Gross profit

 

$

49,638

 

 

$

8,516

 

 

$

3,148

 

 

$

1,826

 

 

$

63,128

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2020

 

 

 

Ecommerce

 

 

Wholesale

 

 

TDA

 

 

All Other (1)

 

 

Total

 

Revenues from external customers

 

$

175,568

 

 

$

50,921

 

 

$

26,318

 

 

$

286

 

 

$

253,093

 

Gross profit (loss)

 

$

7,219

 

 

$

(543

)

 

$

864

 

 

$

67

 

 

$

7,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

Ecommerce

 

 

Wholesale

 

 

TDA

 

 

All Other

 

 

Total

 

Revenues from external customers

 

$

1,001,971

 

 

$

246,132

 

 

$

98,346

 

 

$

6,559

 

 

$

1,353,008

 

Gross profit

 

$

81,475

 

 

$

8,234

 

 

$

5,939

 

 

$

3,656

 

 

$

99,304

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2020

 

 

 

Ecommerce

 

 

Wholesale

 

 

TDA

 

 

All Other (1)

 

 

Total

 

Revenues from external customers

 

$

408,740

 

 

$

106,497

 

 

$

112,902

 

 

$

726

 

 

$

628,865

 

Gross profit (loss)

 

$

21,486

 

 

$

(1,838

)

 

$

6,124

 

 

$

222

 

 

$

25,994

 

 

(1)

The Company reclassified other revenue and other gross profit related to the vehicle repair service at TDA from the TDA reportable segment to the ”All Other” category to conform to current year presentation.

Reconciliation of Total Reportable Segment Revenue and Gross Profit to Consolidated Total Revenue and Loss Before Provision for Income Taxes

 


 

Reconciliations of total reportable segment revenue and gross profit to consolidated total revenue and consolidated loss before provision for income taxes are as follows (in thousands):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Reconciliation to consolidated total revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total reportable segment revenue

 

$

758,530

 

 

$

252,807

 

 

$

1,346,449

 

 

$

628,139

 

All Other revenues

 

 

3,360

 

 

 

286

 

 

 

6,559

 

 

 

726

 

Consolidated total revenue

 

$

761,890

 

 

$

253,093

 

 

$

1,353,008

 

 

$

628,865

 

Reconciliation to consolidated loss before provision for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total reportable segment gross profit

 

$

61,302

 

 

$

7,540

 

 

$

95,648

 

 

$

25,772

 

All Other gross profit

 

 

1,826

 

 

 

67

 

 

 

3,656

 

 

 

222

 

Selling, general and administrative expenses

 

 

123,898

 

 

 

47,911

 

 

 

232,764

 

 

 

106,291

 

Depreciation and amortization

 

 

3,058

 

 

 

1,083

 

 

 

5,900

 

 

 

2,049

 

Interest expense

 

 

3,880

 

 

 

1,297

 

 

 

7,692

 

 

 

4,123

 

Interest Income

 

 

(2,062

)

 

 

(715

)

 

 

(4,358

)

 

 

(2,671

)

Revaluation of preferred stock warrant

 

 

—

 

 

 

21,260

 

 

 

—

 

 

 

20,470

 

Other income, net

 

 

(33

)

 

 

(53

)

 

 

(48

)

 

 

(86

)

Consolidated loss before provision for income taxes

 

$

(65,613

)

 

$

(63,176

)

 

$

(142,646

)

 

$

(104,182

)