XML 11 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue (Note 3) $ 472,581 $ 564,764
Cost of sales, including warehousing, distribution and occupancy 335,865 361,673
Gross profit 136,716 203,091
Selling, general, and administrative 144,542 148,303
Long-lived asset impairments and other store closing costs 157,515 0
Loss on net asset exchange for the formation of the joint ventures (Note 8) 1,655 19,514
Other income, net (962) (208)
Operating (loss) income (166,034) 35,482
Interest expense, net (Note 7) 47,444 32,956
Loss on forward contracts for the issuance of convertible preferred stock 0 16,787
Loss before income from equity method investments and income taxes (213,478) (14,261)
Income tax (benefit) expense (Note 14) (53,035) 1,956
Loss before income from equity method investments (160,443) (16,217)
(Loss) income from equity method investments (Note 8) (39,643) 955
Net loss $ (200,086) $ (15,262)
Loss per share (Note 12):    
Basic (in dollars per share) $ (2.45) $ (0.23)
Diluted (in dollars per share) $ (2.45) $ (0.23)
Weighted average common shares outstanding (Note 12):    
Basic weighted-average shares (in shares) 83,897 83,510
Diluted weighted-average shares (in shares) 83,897 83,510