XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Consolidated Statements of Income [Abstract]        
Revenue $ 430,145 $ 498,772 $ 1,286,532 $ 1,480,491
Cost of sales 128,682 206,505 383,828 475,635
Gross profit 301,463 292,267 902,704 1,004,856
Operating expenses:        
Selling expenses 167,612 187,750 486,617 561,039
General and administrative expenses 115,620 130,882 358,107 401,825
Restructuring and impairment expenses 0 0 156,484 9,787
Total operating expenses 283,232 318,632 1,001,208 972,651
Operating income (loss) 18,231 (26,365) (98,504) 32,205
Interest expense 6,500 7,535 20,545 18,192
Other income (expense), net 1,567 (551) 1,800 3,237
Income (loss) before provision for income taxes 13,298 (34,451) (117,249) 17,250
Provision (benefit) for income taxes 4,996 2,504 (6,760) 15,937
Net income (loss) $ 8,302 $ (36,955) $ (110,489) $ 1,313
Net income (loss) per share (Note 6):        
Basic (in dollars per share) $ 0.17 $ (0.74) $ (2.23) $ 0.03
Diluted (in dollars per share) $ 0.17 $ (0.74) $ (2.23) $ 0.03
Weighted-average common shares outstanding:        
Basic (in shares) 49,707 49,859 49,645 49,812
Diluted (in shares) 49,733 49,859 49,645 50,029