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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net Sales $ 1,235,687 $ 1,026,366 $ 2,276,987 $ 1,900,558
Cost of sales 686,769 538,361 1,245,174 1,000,716
Gross Profit 548,918 488,005 1,031,813 899,842
Advertising and promotion expenses 90,194 88,328 163,945 162,424
Other selling and administrative expenses 333,644 350,537 662,721 654,407
Operating Income 125,080 49,140 205,147 83,011
Interest expense 32,811 38,144 65,860 168,627
Interest (income) (1,959) (584) (3,161) (1,403)
Other non-operating expense (income), net 7,147 533 16,259 (555)
Income (Loss) Before Income Taxes 87,081 11,047 126,189 (83,658)
Provision for income taxes 26,585 20,644 50,495 40,949
(Income) from equity method investments (5,944) (4,060) (12,200) (6,685)
Net income (loss) $ 66,440 $ (5,537) $ 87,894 $ (117,922)
Net Loss per common share basic (USD per share) $ 0.19 $ (0.02) $ 0.25 $ (0.34)
Weighted-average number of common shares (in shares) 353,457 349,441 352,837 349,244
Net Loss per common share - diluted (USD per share) $ 0.18 $ (0.02) $ 0.24 $ (0.34)
Weighted average number of common and potential common shares (in shares) 359,838 349,441 358,948 349,244