Groupon, Inc. GRPN Income Statement

Groupon, inc. (GRPN)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Revenue:
Total revenue
612,316	495,612	532,577	578,410	799,927	592,883	617,396	626,540	-	634,466	-	-	904,865	686,555	723,760	698,435	752,470	713,595	738,395	750,356	699,751	714,269	716,211	728,415	768,447	595,059	608,747	601,402	638,302	568,552	568,335	559,283	-	422,989	392,582	-
Total revenue
-	-	-	-	-	-	-	-	-	-	662,619	673,626	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	430,161	392,582	-
Cost of revenue:
Total cost of revenue
302,275	217,672	240,445	272,394	433,858	286,894	293,738	301,655	486,248	325,041	334,552	364,175	552,959	393,287	408,383	378,333	477,985	384,683	401,388	402,950	441,390	358,991	349,801	362,903	390,239	235,437	224,053	222,393	282,472	181,786	135,184	119,498	96,265	68,046	54,803	39,765
Gross Profit
310,041	277,940	292,132	306,016	366,069	305,989	323,658	324,885	386,918	309,425	328,067	309,451	351,906	293,268	315,377	320,102	274,485	328,912	337,007	347,406	258,361	355,278	366,410	365,512	378,208	359,622	384,694	379,009	355,830	386,766	433,151	439,785	-	-	-	-
Operating expenses:
Marketing
82,059	74,976	88,923	93,397	109,686	92,717	94,178	99,156	112,462	101,456	100,658	86,342	90,952	84,748	89,180	87,295	70,215	61,587	57,007	52,533	45,713	55,258	57,699	69,185	56,505	53,265	55,497	49,557	60,913	70,919	88,407	116,615	155,299	170,349	212,739	230,085
Selling, general and administrative
187,846	198,327	210,348	210,424	194,643	160,249	293,725	222,344	224,720	214,828	230,223	232,058	243,696	234,266	258,737	262,978	195,712	326,248	288,721	289,847	174,280	299,275	305,738	300,906	306,086	294,074	302,600	308,206	307,625	287,978	299,894	283,583	255,316	196,798	226,067	142,821
Restructuring charges
-	-	-	-	-	-	-	-	10	11,503	4,584	2,731	12,060	1,163	15,702	11,513	4,318	24,146	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Intangible Assets
-	-	-	-	-	-	-	-	-	17,149	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on business dispositions
-	-	-	-	-	-	-	-	-	-	-	-	-	2,060	9,339	-	-	13,710	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition-related expense (benefit), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-9	850	3,464	557	1,064	505	-269	-809	-304	597	1,785	2,265	-1,529	-815	68	153	2,431	-1,635	-52	256	-4,793	0	0
Total operating expenses
269,936	273,303	299,271	303,821	304,193	252,966	387,903	321,500	337,192	310,638	335,465	321,131	342,403	318,108	355,130	365,250	270,802	399,335	346,233	342,111	219,184	354,229	364,034	371,876	364,856	345,810	357,282	357,831	368,691	361,328	386,666	400,146	316,303	362,354	493,609	412,671
Income (loss) from operations
40,105	4,637	-7,139	2,195	61,876	53,023	-64,245	3,385	49,726	-1,213	-7,398	-11,680	9,503	-24,840	-39,753	-45,148	3,683	-70,423	-9,226	5,295	39,177	1,049	2,376	-6,364	13,352	13,812	27,412	21,178	-12,861	25,438	46,485	39,639	-14,972	-239	-101,027	-117,148
Loss on equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-138	-3,428	-5,128	-6,678	-11,211	-7,881	-882
Other Nonoperating Income (Expense)
39,273	-17,253	-28,494	-46,855	-13,176	-4,860	-26,457	-8,515	-2,112	7,546	5,878	-4,602	-54,737	-7,917	-11,253	2,618	-440	-8,160	2,941	-19,927	-9,736	-20,056	-1,023	-840	-84,833	832	-5,579	-5,083	-58,204	617	57,367	-3,539	-3,835	8,269	479	1,060
Income (loss) from continuing operations before provision (benefit) for income taxes
79,345	-12,616	-35,600	-44,660	48,698	48,163	-90,700	-5,130	47,614	6,333	-1,520	-16,282	-45,234	-32,757	-51,006	-42,530	3,243	-78,583	-6,285	-14,632	29,441	-19,007	1,353	-7,204	-71,481	14,644	21,833	16,095	-62,371	25,917	100,424	30,972	-25,485	-3,181	-108,429	-116,970
Provision (benefit) for income taxes
182	2,069	2,000	-3,490	-1,210	988	1,600	-2,335	-3,457	2,531	3,883	4,587	-5,779	1,690	-2,238	1,009	19,871	-53,970	8,982	2,107	-4,873	-6,434	12,045	14,570	7,380	15,936	27,384	19,337	17,676	26,857	66,875	34,565	34,194	11,235	1,347	-3,079
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
79,208	-14,685	-37,645	-41,170	49,862	47,175	-92,254	-2,795	51,071	3,802	-5,403	-20,869	-39,455	-34,447	-48,768	-43,539	-16,628	-24,613	-15,267	-16,739	-	-12,573	-10,692	-21,774	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
435	0	0	2,162	0	0	0	0	-223	-862	-1,376	487	-10,749	-1,345	-2,963	-2,057	-	0	127,179	6,284	-	-6,445	-10,230	-13,589	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
79,643	-14,685	-37,645	-39,008	49,862	47,175	-92,254	-2,795	50,848	2,940	-6,779	-20,382	-50,204	-35,792	-51,731	-45,596	-43,165	-24,613	111,912	-10,455	-	-19,018	-20,922	-35,363	-78,861	-1,292	-5,551	-3,242	-80,047	-940	33,549	-3,593	-59,679	-14,416	-109,776	-113,891
Net change in unrealized gain (loss) on foreign currency translation adjustments
-	4,439	-3,285	3,272	-	-72	2,806	-1,568	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in unrealized gain (loss) on available-for-sale securities (net of tax effect of ($16) and $46 for the three months ended September 30, 2019 and 2018, and ($51) and $60 for the nine months ended September 30, 2019 and 2018)
-	-47	-145	41	-	94	-435	-501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
-	4,392	-3,430	3,313	-	22	2,371	-2,069	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
-	-10,293	-41,075	-35,695	-	47,197	-89,883	-4,864	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to noncontrolling interests
14,762	2,000	-2,601	-3,479	9,194	2,560	-2,780	4,093	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
-	-	2,601	3,479	-	-	2,780	4,093	-	2,881	2,547	4,032	2,384	2,184	3,173	3,523	3,363	3,002	2,828	3,818	2,596	2,190	1,953	2,432	2,386	1,288	2,023	750	936	706	1,220	880	5,267	-3,843	-8,536	-11,223
Net Income (Loss) Attributable to Parent
77,041	-16,685	-40,246	-42,487	46,228	44,615	-95,034	-6,888	47,721	59	-9,326	-24,414	-52,588	-37,976	-54,904	-49,119	-46,528	-27,615	109,084	-14,273	8,788	-21,208	-22,875	-37,795	-81,247	-2,580	-7,574	-3,992	-80,983	-1,646	32,329	-4,473	-64,946	-10,573	-101,240	-102,668
Preferred Stock Redemption Premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	34,327
Adjustment of redeemable noncontrolling interests to redemption value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-106	-1,333	-3,943	-7,222	-433	-43,656	-6,166	-9,485
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-81,089	-2,979	28,386	-11,695	-65,379	-54,229	-107,406	-146,480
Earnings Per Share [Abstract]
Continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-0.08	-0.03	-0.04	-0.03	-0.03	0.05	-0.02	-0.02	-0.04	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	-0.04	0.00	0.19	0.01	-0.04	-0.01	-0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	-0.08	-0.07	-0.04	0.16	-0.02	0.01	-0.03	-0.03	-0.06	-0.12	0.00	-0.01	-0.01	-0.12	0.00	0.04	-0.02	-0.02	-0.18	-0.35	-0.48
Diluted net income (loss) per share:
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.04	-0.03	-0.03	-	-0.02	-0.02	-0.04	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.00	0.19	0.01	-	-0.01	-0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.07	-0.04	0.16	-0.02	-	-0.03	-0.03	-0.06	-0.12	0.00	-0.01	-0.01	-0.12	0.00	0.04	-0.02	-0.02	-0.18	-0.35	-0.48
Continuing operations (in usd per share)
-	-0.03	-0.07	-0.08	-	0.08	-0.17	-0.01	-	0.00	-0.01	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in usd per share)
-	0.00	0.00	0.01	-	0.00	0.00	0.00	-	0.00	-0.01	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted net income (loss) per share (in usd per share)
-	-0.03	-0.07	-0.07	-	0.08	-0.17	-0.01	-	0.00	-0.02	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
564,604	566,971	567,962	570,095	570,388	568,634	565,284	561,735	558,289	557,221	559,762	562,195	-	575,216	576,903	582,751	607,517	644,894	671,630	676,382	671,885	669,526	675,538	682,378	668,046	666,432	662,361	658,800	656,385	653,223	647,149	644,097	530,176	307,605	303,414	307,849
Weighted Average Number of Shares Outstanding, Diluted
564,604	566,971	567,962	570,095	562,644	576,379	565,284	561,735	585,047	566,669	559,762	562,195	570,546	575,216	576,903	582,751	607,517	644,894	671,630	676,382	671,885	669,526	675,538	682,378	668,046	666,432	662,361	658,800	640,412	653,223	663,122	644,097	530,176	307,605	303,414	307,849
Comprehensive income (loss) attributable to Groupon, Inc.
-	-12,293	-43,676	-39,174	-	44,637	-92,663	-8,957	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service
Total revenue
294,847	268,080	277,603	285,827	318,824	289,214	295,652	301,797	346,563	302,458	315,854	301,577	318,427	283,809	294,576	309,629	222,876	326,306	340,846	360,121	220,839	362,903	372,504	397,702	401,688	394,987	418,871	439,108	413,127	423,564	502,985	540,053	-	-	-	295,523
Total cost of revenue
28,293	28,947	28,595	28,627	28,910	29,792	30,230	31,145	37,601	41,858	38,478	42,873	36,025	34,837	38,109	41,060	12,803	46,050	47,545	51,697	19,871	50,774	48,757	53,802	52,538	54,001	55,507	70,016	63,905	54,173	77,032	102,629	-	62,339	-	-
Product
Total revenue
317,469	227,532	254,974	292,583	481,103	303,669	321,744	324,743	526,603	332,008	346,765	372,049	586,438	402,746	429,184	388,806	529,594	387,289	397,549	390,235	478,912	351,366	343,707	330,713	366,759	200,072	189,876	162,294	225,175	144,988	65,350	19,230	-	7,172	0	-
Total cost of revenue
273,982	188,725	211,850	243,767	404,948	257,102	263,508	270,510	448,647	283,183	296,074	321,302	516,934	358,450	370,274	337,273	465,182	338,633	353,843	351,253	421,519	308,217	301,044	309,101	337,701	181,436	168,546	152,377	218,567	127,613	58,152	16,869	-	5,707	-	-
Continuing Operations
Other comprehensive income (loss)
-	4,392	-3,430	3,313	-	22	2,371	-2,069	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations, Disposed of by Sale
Other comprehensive income (loss)
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-