Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.23.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]    
Net revenues $ 2,086,336 $ 2,261,595
Costs and operating expenses    
Cost of goods sold 985,269 1,042,982
Selling, general and administrative expenses 1,110,059 1,155,251
Total costs and operating expenses 2,095,328 2,198,233
Operating income (loss) (8,992) 63,362
Interest income 5,494 1,283
Interest expense (55,213) (32,545)
Other income (expense), net (3,567) (94,714)
Loss before income taxes (62,278) (62,614)
Income tax benefit (4,853) (6,654)
Net loss $ (57,425) $ (55,960)
Net loss per common share    
Basic (in USD per share) $ (0.15) $ (0.14)
Diluted (in USD per share) $ (0.15) $ (0.14)
Weighted average shares outstanding    
Basic (in shares) 388,160 387,563
Diluted (in shares) 388,160 387,563