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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 229,140 $ 225,675 $ 451,418 $ 461,317
Operating expenses:        
Cost of revenue (exclusive of depreciation and amortization) 63,097 63,354 123,353 126,640
Selling, general and administrative expenses 101,232 101,454 202,176 203,677
Depreciation 14,689 13,540 29,049 26,563
Amortization 592 7,260 1,126 14,467
Loss on litigation 2,792 6,269 4,814 6,441
Other operating expenses – net 280 332 3,408 611
Total operating expenses 182,682 192,209 363,926 378,399
Income from operations 46,458 33,466 87,492 82,918
Other (expense) income, net:        
Interest expense (33,890) (31,683) (66,614) (62,180)
Loss on fair value adjustment for swaps – net 0 (640) (1,459) (2,725)
Unrealized foreign exchange gains (loss) – net 2,439 (3,165) 18,861 (14,087)
Other non-operating income – net 1,180 634 2,695 1,122
Total other expense – net (30,271) (34,854) (46,517) (77,870)
Income (loss) before income taxes 16,187 (1,388) 40,975 5,048
Income tax expense (12,498) (2,889) (23,699) (6,122)
Net income (loss) 3,689 (4,277) 17,276 (1,074)
Net (loss) income attributable to non-controlling interest (158) (214) (26) 293
Net income (loss) attributable to Getty Images Holdings, Inc. $ 3,847 $ (4,063) $ 17,302 $ (1,367)
Net income (loss) per share attributable to Class A Getty Images Holdings, Inc. common stockholders:        
Basic (in dollars per share) $ 0.01 $ (0.01) $ 0.04 $ 0
Diluted (in dollars per share) $ 0.01 $ (0.01) $ 0.04 $ 0
Weighted-average Class A common shares outstanding:        
Basic (in dollars per share) 408,989,273 397,417,290 407,312,262 396,368,132
Diluted (in dollars per share) 414,439,239 397,417,290 414,666,363 396,368,132