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Groupon, Inc. – ‘10-K’ for 12/31/22 – ‘EX-31.2’

On:  Thursday, 3/16/23, at 4:42pm ET   ·   For:  12/31/22   ·   Accession #:  1490281-23-22   ·   File #:  1-35335

Previous ‘10-K’:  ‘10-K’ on 2/28/22 for 12/31/21   ·   Next & Latest:  ‘10-K’ on 3/15/24 for 12/31/23   ·   18 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 3/16/23  Groupon, Inc.                     10-K       12/31/22  118:13M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.54M 
 2: EX-4.4      Instrument Defining the Rights of Security Holders  HTML     46K 
 4: EX-10.14    Material Contract                                   HTML     35K 
 3: EX-10.6     Material Contract                                   HTML     52K 
 5: EX-21.1     Subsidiaries List                                   HTML     37K 
 6: EX-23.1     Consent of Expert or Counsel                        HTML     32K 
 7: EX-31.1     Certification -- §302 - SOA'02                      HTML     35K 
 8: EX-31.2     Certification -- §302 - SOA'02                      HTML     35K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     33K 
15: R1          Cover Page                                          HTML     97K 
16: R2          Audit Information                                   HTML     37K 
17: R3          Consolidated Balance Sheets                         HTML    151K 
18: R4          Condensed Consolidated Balance Sheets               HTML     42K 
                (Parenthetical)                                                  
19: R5          Consolidated Statements of Operations               HTML    169K 
20: R6          Consolidated Statements of Comprehensive Income     HTML     76K 
                (Loss)                                                           
21: R7          Condensed Consolidated Statements of Stockholders'  HTML    122K 
                Equity                                                           
22: R8          Consolidated Statements of Cash Flows               HTML    198K 
23: R9          Consolidated Statements of Cash Flows               HTML     48K 
                (Parenthetical)                                                  
24: R10         Description of Business and Basis of Presentation   HTML     36K 
25: R11         Summary of Significant Accounting Policies          HTML     73K 
26: R12         Property, Equipment and Software, Net               HTML     82K 
27: R13         Goodwill and Other Intangible Assets                HTML     77K 
28: R14         Investments                                         HTML     48K 
29: R15         Supplemental Consolidated Balance Sheets and        HTML     78K 
                Statements of Operations Information                             
30: R16         Financing Arrangements                              HTML     78K 
31: R17         Leases                                              HTML    170K 
32: R18         Commitments and Contingencies                       HTML     53K 
33: R19         Stockholders' Equity                                HTML     40K 
34: R20         Compensation Arrangements                           HTML     66K 
35: R21         Revenue Recognition                                 HTML     57K 
36: R22         Restructuring and Related Charges                   HTML    116K 
37: R23         Income Taxes                                        HTML    131K 
38: R24         Variable Interest Entity                            HTML     36K 
39: R25         Fair Value Measurements                             HTML     44K 
40: R26         Income (Loss) Per Share                             HTML     91K 
41: R27         Segment Information                                 HTML    146K 
42: R28         Schedule Ii - Valuation and Qualifying Accounts     HTML     43K 
43: R29         Summary of Significant Accounting Policies          HTML    116K 
                (Policies)                                                       
44: R30         Property, Equipment and Software, Net (Tables)      HTML    103K 
45: R31         Goodwill and Other Intangible Assets (Tables)       HTML     80K 
46: R32         Investments (Tables)                                HTML     44K 
47: R33         Supplemental Consolidated Balance Sheets and        HTML     85K 
                Statements of Operations Information (Tables)                    
48: R34         Financing Arrangements (Tables)                     HTML     52K 
49: R35         Leases (Tables)                                     HTML     84K 
50: R36         Commitments and Contingencies (Tables)              HTML     38K 
51: R37         Compensation Arrangements (Tables)                  HTML     63K 
52: R38         Revenue Recognition (Tables)                        HTML     52K 
53: R39         Restructuring and Related Charges (Tables)          HTML    111K 
54: R40         Income Taxes (Tables)                               HTML    130K 
55: R41         Income (Loss) Per Share (Tables)                    HTML     91K 
56: R42         Segment Information (Tables)                        HTML    170K 
57: R43         Description of Business and Basis of Presentation   HTML     34K 
                (Details)                                                        
58: R44         Summary of Significant Accounting Policies          HTML     71K 
                (Details)                                                        
59: R45         PROPERTY, EQUIPMENT AND SOFTWARE, NET - Schedule    HTML     51K 
                of Property, Equipment and Software, Net (Details)               
60: R46         PROPERTY, EQUIPMENT AND SOFTWARE, NET - Schedule    HTML     45K 
                of Impairment Charges for Long-lived Assets                      
                (Details)                                                        
61: R47         PROPERTY, EQUIPMENT AND SOFTWARE, NET - Schedule    HTML     43K 
                of Impairment Charges for Long-lived Assets by                   
                Asset Type (Details)                                             
62: R48         PROPERTY, EQUIPMENT AND SOFTWARE, NET -             HTML     42K 
                Depreciation and Amortization Expense on Property,               
                Equipment and Software (Details)                                 
63: R49         PROPERTY, EQUIPMENT AND SOFTWARE, NET - Additional  HTML     37K 
                Information (Details)                                            
64: R50         GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of  HTML     53K 
                Goodwill (Details)                                               
65: R51         GOODWILL AND OTHER INTANGIBLE ASSETS - Additional   HTML     47K 
                Information (Details)                                            
66: R52         GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of  HTML     50K 
                Intangible Assets (Details)                                      
67: R53         GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of  HTML     48K 
                Estimated Future Amortization Expense (Details)                  
68: R54         INVESTMENTS - Summary of Investments (Details)      HTML     48K 
69: R55         INVESTMENTS - Additional Information (Details)      HTML     72K 
70: R56         INVESTMENTS - Other Equity Investment Activity      HTML     40K 
                (Details)                                                        
71: R57         SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND        HTML     53K 
                STATEMENTS OF OPERATIONS INFORMATION - Schedule of               
                Other Income (Expense) (Details)                                 
72: R58         SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND        HTML     44K 
                STATEMENTS OF OPERATIONS INFORMATION - Schedule of               
                Prepaid and Other Current Assets (Details)                       
73: R59         SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND        HTML     40K 
                STATEMENTS OF OPERATIONS INFORMATION- Schedule of                
                Other Non-current Assets (Details)                               
74: R60         SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND        HTML     54K 
                STATEMENTS OF OPERATIONS INFORMATION - Schedule of               
                Accrued Expense and Other Current Liabilities                    
                (Details)                                                        
75: R61         SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND        HTML     41K 
                STATEMENTS OF OPERATIONS INFORMATION - Schedule of               
                Other Non-current Liabilities (Details)                          
76: R62         FINANCING ARRANGEMENTS - Convertible Senior Notes   HTML    120K 
                (Details)                                                        
77: R63         FINANCING ARRANGEMENTS - Schedule of Interest       HTML     51K 
                Costs on Convertible Debt (Details)                              
78: R64         FINANCING ARRANGEMENTS - Note Hedges and Warrants   HTML     39K 
                (Details)                                                        
79: R65         FINANCING ARRANGEMENTS - Schedule of Convertible    HTML     44K 
                Senior Notes (Details)                                           
80: R66         FINANCING ARRANGEMENTS - Revolving Credit           HTML     99K 
                Agreement (Details)                                              
81: R67         LEASES - Additional Information (Details)           HTML     64K 
82: R68         LEASES - Right-of-Use Assets (Details)              HTML     42K 
83: R69         LEASES - Schedule of Lease Costs and Sublease       HTML     56K 
                Income (Details)                                                 
84: R70         LEASES - Operating Leases Future Payments           HTML     58K 
                (Details)                                                        
85: R71         LEASES - Weighted-Average Remaining Lease Term and  HTML     36K 
                Discount Rates (Details)                                         
86: R72         COMMITMENTS AND CONTINGENCIES - Purchase            HTML     45K 
                Obligations (Details)                                            
87: R73         COMMITMENTS AND CONTINGENCIES - Narrative           HTML     54K 
                (Details)                                                        
88: R74         Stockholders' Equity (Details)                      HTML     47K 
89: R75         COMPENSATION ARRANGEMENTS - Additional Information  HTML    105K 
                (Details)                                                        
90: R76         COMPENSATION ARRANGEMENTS - Restricted Stock Units  HTML     67K 
                and Performance Share Unit Activity (Details)                    
91: R77         REVENUE RECOGNITION - Additional Information        HTML     40K 
                (Details)                                                        
92: R78         REVENUE RECOGNITION - Liability for Customer        HTML     41K 
                Credits Rollforward (Details)                                    
93: R79         REVENUE RECOGNITION - Allowance for Expected        HTML     42K 
                Credit Losses on Accounts Receivables (Details)                  
94: R80         RESTRUCTURING AND RELATED CHARGES - Additional      HTML     75K 
                Information (Details)                                            
95: R81         RESTRUCTURING AND RELATED CHARGES - Schedule of     HTML     66K 
                Restructuring Costs by Segment (Details)                         
96: R82         RESTRUCTURING AND RELATED CHARGES - Schedule of     HTML     58K 
                Restructuring Liability Activity (Details)                       
97: R83         INCOME TAXES - Schedule of Pretax Income (Loss)     HTML     42K 
                (Details)                                                        
98: R84         INCOME TAXES - Schedule of Provision (Benefit) for  HTML     50K 
                Income Taxes (Details)                                           
99: R85         INCOME TAXES - Differences Between Income Tax       HTML     68K 
                Provision (Benefit) (Details)                                    
100: R86         INCOME TAXES - Deferred Tax Assets and Liabilities  HTML     74K  
                (Details)                                                        
101: R87         INCOME TAXES - Additional Information (Details)     HTML     63K  
102: R88         INCOME TAXES - Unrecognized Tax Benefits (Details)  HTML     51K  
103: R89         Variable Interest Entity (Details)                  HTML     34K  
104: R90         Fair Value Measurements (Details)                   HTML     64K  
105: R91         Income (LOSS) PER SHARE - Schedule of Computation   HTML    133K  
                of Basic and Diluted Net Income (Loss) Per Share                 
                (Details)                                                        
106: R92         Income (LOSS) PER SHARE - Schedule of               HTML     51K  
                Weighted-Average Potentially Dilutive Instruments                
                (Details)                                                        
107: R93         SEGMENT INFORMATION - Additional Information        HTML     33K  
                (Details)                                                        
108: R94         SEGMENT INFORMATION - Schedule of Revenue by        HTML     65K  
                Reportable Segment (Details)                                     
109: R95         SEGMENT INFORMATION - Schedule of Cost of Revenue   HTML     58K  
                by Segment and Category (Details)                                
110: R96         SEGMENT INFORMATION - Schedule of Contribution      HTML     69K  
                Profit by Segment (Details)                                      
111: R97         SEGMENT INFORMATION - Schedule of Total Assets,     HTML     68K  
                Tangible Property and Equipment, Depreciation and                
                Amortization and Additions to Tangible Long-lived                
                Assets by Segment (Details)                                      
112: R98         Schedule Ii - Valuation and Qualifying Accounts     HTML     43K  
                (Details)                                                        
113: R9999       Uncategorized Items - grpn-20221231.htm             HTML     51K  
116: XML         IDEA XML File -- Filing Summary                      XML    218K  
114: XML         XBRL Instance -- grpn-20221231_htm                   XML   3.13M  
115: EXCEL       IDEA Workbook of Financial Reports                  XLSX    248K  
11: EX-101.CAL  XBRL Calculations -- grpn-20221231_cal               XML    361K 
12: EX-101.DEF  XBRL Definitions -- grpn-20221231_def                XML    950K 
13: EX-101.LAB  XBRL Labels -- grpn-20221231_lab                     XML   2.30M 
14: EX-101.PRE  XBRL Presentations -- grpn-20221231_pre              XML   1.50M 
10: EX-101.SCH  XBRL Schema -- grpn-20221231                         XSD    242K 
117: JSON        XBRL Instance as JSON Data -- MetaLinks              644±  1.00M  
118: ZIP         XBRL Zipped Folder -- 0001490281-23-000022-xbrl      Zip    670K  


‘EX-31.2’   —   Certification — §302 – SOA’02


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Exhibit 31.2
Certification

I, Damien Schmitz, certify that:

1.     I have reviewed this Annual Report on Form 10-K of Groupon, Inc.;

2.     Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.     Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.     The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)     Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)     Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)     Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)     Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.     The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)     All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)     Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.


Date: March 16, 2023            /s/ Damien Schmitz
Damien Schmitz
Chief Financial Officer
(Principal Financial Officer)


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/16/238-K
For Period end:12/31/22
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/21/23  Groupon, Inc.                     424B5                  1:758K
 7/31/23  Groupon, Inc.                     S-3                    6:1.1M


16 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/15/23  Groupon, Inc.                     8-K:1,2,7,9 3/13/23   12:1.3M
11/07/22  Groupon, Inc.                     10-Q        9/30/22   84:9.8M
 9/29/22  Groupon, Inc.                     8-K:1,2,9   9/28/22   11:1.3M
 4/27/22  Groupon, Inc.                     DEF 14A     4/27/22    1:1.3M
12/01/21  Groupon, Inc.                     8-K:5,9    11/29/21   13:363K
 3/25/21  Groupon, Inc.                     8-K:1,2,3,9 3/25/21   14:1.5M
 3/22/21  Groupon, Inc.                     8-K:1,2,8,9 3/22/21   14:311K
 7/20/20  Groupon, Inc.                     8-K:1,2,9   7/17/20   13:1.4M
 6/11/20  Groupon, Inc.                     8-K:3,5,8,9 6/09/20   14:253K
11/04/19  Groupon, Inc.                     10-Q        9/30/19   90:12M
 5/20/19  Groupon, Inc.                     8-K:1,2,9   5/14/19    2:950K
 5/09/18  Groupon, Inc.                     10-Q        3/31/18   92:9.8M
10/31/16  Groupon, Inc.                     8-A12B/A               4:683K                                   Donnelley … Solutions/FA
 6/14/16  Groupon, Inc.                     8-K:5,9     6/08/16    3:89K
 4/20/15  Groupon, Inc.                     8-K:1,7,8,9 4/19/15    4:407K                                   Donnelley … Solutions/FA
11/01/11  Groupon, Inc.                     S-1/A                 11:5.3M                                   Toppan Merrill-FA
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Filing Submission 0001490281-23-000022   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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