Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.21.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Income Statement [Abstract]    
Net revenues $ 2,194,557 $ 1,076,293
Costs and operating expenses    
Cost of goods sold 955,551 506,951
Selling, general and administrative expenses 1,036,122 816,151
Total costs and operating expenses 1,991,673 1,323,102
Operating income (loss) 202,884 (246,809)
Interest income 2,142 1,313
Interest expense (34,917) (29,262)
Other income (expense), net 9,041 (38,187)
Income (loss) from continuing operations before income taxes 179,150 (312,945)
Income tax expense (benefit) 25,178 (35,203)
Income (loss) from continuing operations 153,972 (277,742)
Income (loss) from discontinued operations, net of tax 170,273 (7,871)
Net income (loss) $ 324,245 $ (285,613)
Earnings (loss) per common share - basic    
Continuing operations (in USD per share) $ 0.39 $ (0.71)
Discontinued operations (in USD per share) 0.44 (0.02)
Total earnings per common share - basic (in USD per share) 0.83 (0.73)
Earnings (loss) per common share - diluted    
Continuing operations (in USD per share) 0.39 (0.71)
Discontinued operations (in USD per share) 0.43 (0.02)
Total earnings per common share - diluted (in USD per share) $ 0.82 $ (0.73)
Weighted average shares outstanding    
Basic (in shares) 391,351 388,695
Diluted (in shares) 394,128 390,791