Segment and Geographic Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Activity Related to Net Revenue, Adjusted EBITDA and Long-Lived Assets by Segment

The following tables present Direct Retail and Other net revenues and Adjusted EBITDA attributable to the Company's reportable segments for the periods presented (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
U.S. Direct Retail	$	1,397,009	$	976,673	$	2,583,214	$	1,814,229
U.S. Other	14,335		20,395		29,714		40,868
U.S. segment net revenue	1,411,344		997,068		2,612,928		1,855,097
International Direct Retail	243,912		125,788		446,597		228,584
International segment net revenue	243,912		125,788		446,597		228,584
Total net revenue	$	1,655,256	$	1,122,856	$	3,059,525	$	2,083,681

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
Adjusted EBITDA:
U.S.	$	7,200		$	20,425		$	(738	)	$	24,153
International	(42,009		)	(22,671		)	(84,031		)	(47,295		)
Total reportable segments Adjusted EBITDA	(34,809		)	(2,246		)	(84,769		)	(23,142		)
Less: reconciling items (1)	(65,925		)	(36,629		)	(123,740		)	(72,272		)
Net loss	$	(100,734	)	$	(38,875	)	$	(208,509	)	$	(95,414	)

(1) Adjustments are made to reconcile total reportable segments Adjusted EBITDA to consolidated net loss including the following (in thousands):

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
Depreciation and amortization	$	28,920		$	19,323		$	54,882		$	39,675
Equity based compensation and related taxes	31,610			15,983			58,757			30,941
Interest expense, net	5,796			1,550			11,203			1,849
Other (income), net	(666		)	(451		)	(1,607		)	(627		)
Provision for income taxes	265			224			505			434
Total reconciling items	$	65,925		$	36,629		$	123,740		$	72,272

The following table presents the activity related to the Company’s net revenue from Direct Retail sales derived through the Company’s sites and Other sales derived through websites operated by third parties and fees from our media solutions business (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
Net revenue
Direct Retail	$	1,640,921	$	1,102,461	$	3,029,811	$	2,042,813
Other	14,335		20,395		29,714		40,868
Net revenue	$	1,655,256	$	1,122,856	$	3,059,525	$	2,083,681

The following table presents long-lived assets by segment (in thousands):

	June 30, 2018		December 31, 2017
Geographic long-lived assets
U.S.	$	457,631	$	353,414
International	10,791		7,727
Total	$	468,422	$	361,141