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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 527,449 $ 535,746 $ 960,425 $ 962,553
Cost of sales 349,477 318,574 644,445 593,095
Gross profit 177,972 217,172 315,980 369,458
Selling , general and administrative expense 167,306 155,336 325,366 304,357
Loss on disposal of assets in international operations 0 0 0 3,211
Income (loss) from operations 10,666 61,836 (9,386) 61,890
Interest expense, net 24,184 23,116 47,579 40,330
Other (income), net (1,800) (1,300) (2,003) (873)
(Loss) income before income taxes (11,718) 40,020 (54,962) 22,433
Income tax (benefit) expense (173,891) 10,209 (190,246) 6,740
Net income 162,173 29,811 135,284 15,693
Less: Net income attributable to noncontrolling interests 0 0 0 (54)
Net income attributable to common shareholders of Party City Holdco Inc. $ 162,173 $ 29,811 $ 135,284 $ 15,747
Net income per share attributable to common shareholders of Party City Holdco Inc. -Basic $ 1.44 $ 0.27 $ 1.20 $ 0.14
Net income per share attributable to common shareholders of Party City Holdco Inc. -Diluted $ 1.42 $ 0.26 $ 1.18 $ 0.14
Weighted-average number of common shares-Basic 112,632,860 111,340,295 112,519,950 111,128,822
Weighted-average number of common shares-Diluted 114,604,275 116,251,151 115,115,172 115,499,304
Dividends declared per share $ 0 $ 0 $ 0 $ 0
Comprehensive income $ 160,827 $ 30,761 $ 134,890 $ 51,742
Less: Comprehensive income attributable to noncontrolling interests 0 0 0 (30)
Comprehensive income attributable to common shareholders of Party City Holdco Inc. $ 160,827 $ 30,761 $ 134,890 $ 51,772