XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net Sales $ 809,508 $ 814,579
Cost of sales 420,638 488,792
Gross Profit 388,870 325,787
Advertising and promotion expenses 71,441 76,047
Other selling and administrative expenses 352,947 364,777
Operating Loss (35,518) (115,037)
Interest expense 30,059 31,128
Interest (income) (17,282) (6,519)
Other non-operating expense (income), net 5,613 (1,439)
Loss Before Income Taxes (53,908) (138,207)
Benefit from income taxes (20,790) (26,999)
(Income) from equity method investments (4,837) (4,737)
Net Loss $ (28,281) $ (106,471)
Net Loss Per Common Share - Basic (USD per share) $ (0.08) $ (0.30)
Weighted-average number of common shares (in shares) 346,888 354,942
Net Loss Per Common Share - Diluted (USD per share) $ (0.08) $ (0.30)
Weighted-average number of common and potential common shares (in shares) 346,888 354,942