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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue, net                      
Net revenue $ 612,659 $ 689,390 $ 794,536 $ 659,861 $ 669,666 $ 717,695 $ 766,956 $ 339,598 $ 2,756,446 $ 2,493,915 $ 1,434,974
Cost of Revenue [Abstract]                      
Cost of goods sold 473,815 532,682 619,710 506,337 519,141 548,982 589,044 265,392 2,132,544 1,922,559 1,147,025
Gross profit 138,844 156,708 174,826 153,524 150,525 168,713 177,912 74,206 623,902 571,356 287,949
Operating expenses:                      
Sales and marketing 67,970 75,650 85,272 73,538 73,862 71,292 79,215 36,345 302,430 260,714 140,604
Technology 30,917 31,178 30,383 30,523 29,970 29,934 29,063 27,281 123,001 116,248 113,023
General and administrative 20,837 21,031 22,660 22,871 24,332 28,625 20,837 23,885 87,399 97,679 96,729
Total operating expenses 119,724 127,859 138,315 126,932 128,164 129,851 129,115 87,511 512,830 474,641 350,356
Operating income (loss) 19,120 28,849 36,511 26,592 22,361 38,862 48,797 (13,305) 111,072 96,715 (62,407)
Interest Income (Expense), Net (132) (139) (130) (155) (199) (264) (364) (11) (556) (838) 1,201
Other income (expense), net 12,507 (79) 298 (226) 595 59 246 (287) 12,500 613 (642)
Income (loss) before income taxes from continuing operations 31,495 28,631 36,679 26,211 22,757 38,657 48,679 (13,603) 123,016 96,490 (61,848)
Provision (benefit) for income taxes (1,447) (1,795) (45,726) 193 (393) 753 840 163 (48,775) 1,363 1,060
Income (loss) from continuing operations 32,942 30,426 82,405 26,018 23,150 37,904 47,839 (13,766) 171,791 95,127 (62,908)
Income (loss) from discontinued operations, net of income taxes 0 0 227,372 (10,126) (13,021) (16,678) (13,458) (5,799) 217,246 (48,956) (71,812)
Consolidated net income (loss) 32,942 30,426 309,777 15,892 10,129 21,226 34,381 (19,565) 389,037 46,171 (134,720)
Less: Net loss attributable to noncontrolling interests from discontinued operations 0 0 (134) (201) (2,458) (2,165) (1,975) (3,232) (335) (9,830) (12,879)
Net income (loss) attributable to stockholders of Overstock.com, Inc. $ 32,942 $ 30,426 $ 309,911 $ 16,093 $ 12,587 $ 23,391 $ 36,356 $ (16,333) $ 389,372 $ 56,001 $ (121,841)
Net income (loss) attributable to common shares—basic, continuing operations $ 0.69 $ 0.64 $ 1.73 $ 0.57 $ 0.48 $ 0.81 $ 1.12 $ (0.34) $ 3.60 $ 2.13 $ (1.81)
Net income (loss) attributable to common shares—basic, discontinued operations 0 0 4.78 (0.23) (0.22) (0.31) (0.27) (0.06) 4.58 (0.88) (1.65)
Total 0.69 0.64 6.51 0.34 0.26 0.50 0.85 (0.40) 8.18 1.25 (3.46)
Net income (loss) attributable to common shares—diluted, continuing operations 0.68 0.63 1.72 0.56 0.48 0.81 1.11 (0.34) 3.57 2.12 (1.81)
Net income (loss) attributable to common shares—diluted, discontinued operations 0 0 4.75 (0.23) (0.22) (0.31) (0.27) (0.06) 4.54 (0.88) (1.65)
Total $ 0.68 $ 0.63 $ 6.47 $ 0.33 $ 0.26 $ 0.50 $ 0.84 $ (0.40) $ 8.11 $ 1.24 $ (3.46)
Weighted average shares of common stock outstanding:                      
Basic 43,016 43,014 43,009 42,885 42,765 41,595 40,329 40,158 42,981 41,217 34,865
Diluted 43,370 43,324 43,314 43,320 43,326 42,202 40,590 40,158 43,332 41,607 34,865