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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Revenues, net $ 365,765 $ 323,687 $ 1,183,735 $ 994,422
Cost of revenues 150,371 146,599 502,546 464,227
Gross profit 215,394 177,088 681,189 530,195
Marketing expenses 35,515 30,310 189,855 158,707
Selling, general and administrative expenses 61,019 55,400 182,696 153,671
Operating income 118,860 91,378 308,638 217,817
Interest expense 35,506 26,993 107,238 82,227
Other expense, net 881 125 1,978 278
Gain on early extinguishment of debt 0 0 0 (1,554)
Income before income taxes 82,473 64,260 199,422 136,866
Provision for income taxes 12,374 19,593 19,580 36,457
Net income 70,099 44,667 179,842 100,409
Net loss attributable to the noncontrolling interest 33 52 122 135
Net income attributable to Weight Watchers International, Inc. $ 70,132 $ 44,719 $ 179,964 $ 100,544
Earnings Per Share attributable to Weight Watchers International, Inc.        
Basic $ 1.05 $ 0.69 $ 2.72 $ 1.57
Diluted $ 1.00 $ 0.65 $ 2.57 $ 1.48
Weighted average common shares outstanding        
Basic 66,701 64,463 66,074 64,237
Diluted 70,331 68,686 70,117 67,939
Service        
Revenues, net $ 311,963 $ 273,219 $ 984,362 $ 817,696
Cost of revenues 122,357 118,073 390,296 363,284
Product and Other        
Revenues, net 53,802 50,468 199,373 176,726
Cost of revenues $ 28,014 $ 28,526 $ 112,250 $ 100,943