XML 21 R5.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:      
Total revenue $ 599,085,000 $ 967,108,000 $ 1,416,868,000
Cost of revenue:      
Cost of revenue 76,261,000 229,992,000 739,574,000
Gross profit 522,824,000 737,116,000 677,294,000
Operating expenses:      
Marketing 149,231,000 188,780,000 154,534,000
Selling, general and administrative 481,375,000 511,096,000 603,185,000
Goodwill impairment 35,424,000 0 109,486,000
Long-lived asset impairment 12,259,000 0 22,351,000
Restructuring and related charges 12,350,000 41,895,000 64,836,000
Total operating expenses 690,639,000 741,771,000 954,392,000
Income (loss) from operations (167,815,000) (4,655,000) (277,098,000)
Other income (expense), net (24,155,000) 92,680,000 (16,968,000)
Income (loss) from continuing operations before provision (benefit) for income taxes (191,970,000) 88,025,000 (294,066,000)
Provision (benefit) for income taxes 42,410,000 (32,323,000) (7,504,000)
Income (loss) from continuing operations (234,380,000) 120,348,000 (286,562,000)
Income (loss) from discontinued operations, net of tax 0 0 382,000
Net income (loss) (234,380,000) 120,348,000 (286,180,000)
Net (income) loss attributable to noncontrolling interests (3,229,000) (1,680,000) (1,751,000)
Net income (loss) attributable to Groupon, Inc. $ (237,609,000) $ 118,668,000 $ (287,931,000)
Basic net income (loss) per share:      
Continuing operations (in usd per share) $ (7.88) $ 4.04 $ (10.08)
Discontinued operations (in usd per share) 0 0 0.01
Basic net income (loss) per share (in usd per share) (7.88) 4.04 (10.07)
Diluted net income (loss) per share:      
Continuing operations (in usd per share) (7.88) 3.68 (10.08)
Discontinued operations (in usd per share) 0 0 0.01
Diluted net income (loss) per share (in usd per share) $ (7.88) $ 3.68 $ (10.07)
Weighted average number of shares outstanding:      
Basic (in shares) 30,166,100 29,365,880 28,604,115
Diluted (in shares) 30,166,100 33,513,440 28,604,115
Service      
Revenue:      
Total revenue $ 599,085,000 $ 794,795,000 $ 643,653,000
Cost of revenue:      
Cost of revenue 76,261,000 82,020,000 79,296,000
Product      
Revenue:      
Total revenue 0 172,313,000 773,215,000
Cost of revenue:      
Cost of revenue $ 0 $ 147,972,000 $ 660,278,000