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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Revenues, net $ 311,379 $ 333,637 $ 643,175 $ 733,998
Cost of revenues 125,353 138,966 263,715 328,336
Gross profit 186,026 194,671 379,460 405,662
Marketing expenses 57,154 41,894 174,088 159,828
Selling, general and administrative expenses 69,199 101,792 142,870 166,318
Goodwill impairment       3,665
Operating income 59,673 50,985 62,502 75,851
Interest expense 20,293 30,995 49,416 62,546
Other expense, net 381 416 143 438
Early extinguishment of debt 29,169   29,169  
Income (loss) before income taxes 9,830 19,574 (16,226) 12,867
Provision for (benefit from) income taxes 970 5,592 (6,859) 4,942
Net income (loss) 8,860 13,982 (9,367) 7,925
Net loss attributable to the noncontrolling interest   24   18
Net income (loss) attributable to WW International, Inc. $ 8,860 $ 14,006 $ (9,367) $ 7,943
Earnings (loss) per share attributable to WW International, Inc.        
Basic $ 0.13 $ 0.21 $ (0.14) $ 0.12
Diluted $ 0.12 $ 0.20 $ (0.14) $ 0.11
Weighted average common shares outstanding        
Basic 69,588 67,641 69,336 67,538
Diluted 71,160 69,799 69,336 69,898
Subscription        
Revenues, net $ 272,871 $ 292,997 $ 552,691 $ 617,654
Cost of revenues 95,825 108,006 194,929 243,572
Product and Other        
Revenues, net 38,508 40,640 90,484 116,344
Cost of revenues $ 29,528 $ 30,960 $ 68,786 $ 84,764