XML 23 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Revenue $ 2,453,038 $ 2,540,016 $ 2,683,298
Cost of sales, including warehousing, distribution and occupancy 1,652,991 1,679,897 1,698,655
Gross profit 800,047 860,119 984,643
Selling, general, and administrative 603,561 575,218 567,296
Gains on refranchising (384) (19,112) (7,580)
Long-lived asset impairments (Note 5) 457,794 476,553 28,333
Other (income) loss, net (511) 407 3,487
Operating (loss) income (260,413) (172,947) 393,107
Interest expense, net (Note 7) 64,221 60,443 50,936
Gain on convertible debt and debt refinancing costs (Note 7) (10,996) 0 0
(Loss) income before income taxes (313,638) (233,390) 342,171
Income tax (benefit) expense (Note 4) (164,787) 52,860 122,872
Net (loss) income $ (148,851) $ (286,250) $ 219,299
(Loss) earnings per share (Note 13):      
Basic (in USD per share) $ (2.16) $ (4.12) $ 2.61
Diluted (in USD per share) $ (2.16) $ (4.12) $ 2.60
Weighted average common shares outstanding (Note 13):      
Basic (in shares) 68,789 69,409 83,927
Diluted (in shares) 68,789 69,409 84,186
Dividends declared per share (in USD per share) $ 0 $ 0.80 $ 0.72