Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Net revenues $ 2,960,283 $ 3,530,667 $ 8,080,858 $ 8,872,862
Costs and operating expenses        
Cost of goods sold 1,327,871 1,593,048 3,792,168 4,134,207
Selling, general and administrative expenses 1,407,548 1,421,586 3,709,891 3,828,157
Impairment of goodwill and intangible assets 257,096 0 257,096 421,922
Total costs and operating expenses 2,992,515 3,014,634 7,759,155 8,384,286
Operating income (loss) (32,232) 516,033 321,703 488,576
Interest income 4,211 3,914 14,513 6,020
Interest expense (67,549) (54,144) (183,214) (121,415)
Other income (expense), net 30,029 (9,901) 22,952 (113,895)
Income (loss) before income taxes (65,541) 455,902 175,954 259,286
Income tax expense (benefit) (23,089) (51,966) 726,528 (74,190)
Net income (loss) $ (42,452) $ 507,868 $ (550,574) $ 333,476
Earnings (loss) per common share        
Basic (in USD per share) $ (0.11) $ 1.31 $ (1.42) $ 0.86
Diluted (in USD per share) $ (0.11) $ 1.31 $ (1.42) $ 0.86
Weighted average shares outstanding        
Basic (in shares) 388,383 387,739 388,294 387,663
Diluted (in shares) 388,383 388,192 388,294 388,357