Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income (Unaudited)

v3.20.2
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]    
Net revenues $ 1,076,293 $ 2,050,654
Costs and operating expenses    
Cost of goods sold 506,951 896,284
Selling, general and administrative expenses 816,151 1,058,405
Total costs and operating expenses 1,323,102 1,954,689
Operating income (loss) (246,809) 95,965
Interest income 1,313 6,544
Interest expense (29,262) (22,127)
Other income (expense), net (38,187) 5,554
Income (loss) from continuing operations before income taxes (312,945) 85,936
Income tax expense (benefit) (35,203) 20,663
Income (loss) from continuing operations (277,742) 65,273
Loss from discontinued operations, net of tax (7,871) (16,052)
Net income (loss) $ (285,613) $ 49,221
Earnings (loss) per common share - basic    
Continuing operations (in USD per share) $ (0.71) $ 0.16
Discontinued operations (in USD per share) (0.02) (0.04)
Total earnings (loss) per common share - basic (in USD per share) (0.73) 0.12
Earnings (loss) per common share - diluted    
Continuing operations (in USD per share) (0.71) 0.16
Discontinued operations (in USD per share) (0.02) (0.04)
Total earnings (loss) per common share - diluted (in USD per share) $ (0.73) $ 0.12
Weighted average shares outstanding    
Basic (in shares) 388,695 396,727
Diluted (in shares) 390,791 401,914