XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue, net        
Total net revenue $ 731,651 $ 347,099 $ 1,865,768 $ 1,088,537
Cost of goods sold        
Total cost of goods sold 560,883 277,551 1,439,278 871,966
Gross profit 170,768 69,548 426,490 216,571
Operating expenses        
Sales and marketing 72,010 34,215 188,562 102,252
Technology 34,984 32,782 101,458 101,368
General and administrative 34,225 32,681 94,022 104,877
Total operating expenses 141,219 99,678 384,042 308,497
Operating income (loss) 29,549 (30,130) 42,448 (91,926)
Interest Income, Operating 402 449 1,288 1,482
Interest expense (579) (57) (1,367) (289)
Other expense, net (7,526) (4,781) (5,014) (14,048)
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 21,846 (34,519) 37,355 (104,781)
Provision for income taxes 620 23 1,313 279
Net income (loss) 21,226 (34,542) 36,042 (105,060)
Less: Net loss attributable to noncontrolling interests (2,165) (3,604) (7,372) (10,197)
Net income (loss) attributable to stockholders of Overstock.com, Inc. $ 23,391 $ (30,938) $ 43,414 $ (94,863)
Net income (loss) per share of common stock:        
Net income (loss) attributable to common shares—basic $ 0.50 $ (0.89) $ 1.00 $ (2.74)
Net income (loss) attributable to common shares—diluted $ 0.50 $ (0.89) $ 0.99 $ (2.74)
Weighted average shares of common stock outstanding:        
Basic 41,595 35,241 40,697 34,289
Diluted 42,202 35,241 41,030 34,289
Retail        
Revenue, net        
Total net revenue $ 717,695 $ 340,798 $ 1,824,249 $ 1,070,898
Cost of goods sold        
Total cost of goods sold 548,982 272,545 1,403,418 858,169
Gross profit 168,713 68,253 420,831 212,729
Operating expenses        
Total operating expenses 125,458 77,641 333,284 244,571
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 43,050 (9,251) 86,926 (31,530)
Other        
Revenue, net        
Total net revenue 13,956 6,301 41,519 17,639
Cost of goods sold        
Total cost of goods sold $ 11,901 $ 5,006 $ 35,860 $ 13,797