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Groupon, Inc. – ‘10-Q’ for 9/30/22 – ‘R14’

On:  Monday, 11/7/22, at 4:06pm ET   ·   For:  9/30/22   ·   Accession #:  1490281-22-139   ·   File #:  1-35335

Previous ‘10-Q’:  ‘10-Q’ on 8/8/22 for 6/30/22   ·   Next:  ‘10-Q’ on 5/10/23 for 3/31/23   ·   Latest:  ‘10-Q’ on 5/9/24 for 3/31/24   ·   3 References:   

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

11/07/22  Groupon, Inc.                     10-Q        9/30/22   84:9.8M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.41M 
 2: EX-10.2     Material Contract                                   HTML     61K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
 4: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 5: EX-32.1     Certification -- §906 - SOA'02                      HTML     25K 
11: R1          Cover Page                                          HTML     78K 
12: R2          Condensed Consolidated Balance Sheets               HTML    142K 
13: R3          Condensed Consolidated Balance Sheets               HTML     35K 
                (Parenthetical)                                                  
14: R4          Condensed Consolidated Statements of Operations     HTML    155K 
                and Comprehensive Income (Loss)                                  
15: R5          Condensed Consolidated Statements of Stockholders'  HTML    138K 
                Equity                                                           
16: R6          Condensed Consolidated Statements of Cash Flows     HTML    152K 
17: R7          Condensed Consolidated Statements of Cash Flows     HTML     43K 
                (Parenthetical)                                                  
18: R8          Description of Business and Basis of Presentation   HTML     37K 
19: R9          Goodwill and Long-Lived Assets                      HTML     99K 
20: R10         Investments                                         HTML     32K 
21: R11         Supplemental Condensed Consolidated Balance Sheets  HTML     74K 
                and Statements of Operations Information                         
22: R12         Financing Arrangements                              HTML     61K 
23: R13         Commitments and Contingencies                       HTML     41K 
24: R14         Stockholders' Equity and Compensation Arrangements  HTML     37K 
25: R15         Revenue Recognition                                 HTML     44K 
26: R16         Restructuring and Related Charges                   HTML    113K 
27: R17         Income Taxes                                        HTML     40K 
28: R18         Fair Value Measurements                             HTML     34K 
29: R19         Income (Loss) Per Share                             HTML     78K 
30: R20         Segment Information                                 HTML    134K 
31: R21         Description of Business and Basis of Presentation   HTML     40K 
                (Policies)                                                       
32: R22         Goodwill and Long-Lived Assets (Tables)             HTML    105K 
33: R23         Investments (Tables)                                HTML     30K 
34: R24         Supplemental Condensed Consolidated Balance Sheets  HTML     81K 
                and Statements of Operations Information (Tables)                
35: R25         Financing Arrangements (Tables)                     HTML     43K 
36: R26         Stockholders' Equity and Compensation Arrangements  HTML     33K 
                (Tables)                                                         
37: R27         Revenue Recognition (Tables)                        HTML     38K 
38: R28         Restructuring and Related Charges (Tables)          HTML    109K 
39: R29         Income Taxes (Tables)                               HTML     34K 
40: R30         Income (Loss) Per Share (Tables)                    HTML     79K 
41: R31         Segment Information (Tables)                        HTML    137K 
42: R32         Description of Business and Basis of Presentation   HTML     70K 
                (Details)                                                        
43: R33         GOODWILL AND LONG-LIVED ASSETS - Narrative          HTML     42K 
                (Details)                                                        
44: R34         GOODWILL AND LONG-LIVED ASSETS - Schedule of        HTML     42K 
                Goodwill (Details)                                               
45: R35         GOODWILL AND LONG-LIVED ASSETS - Impairment For     HTML     38K 
                Long-Lived Asset And Right-Of-Use Assets And                     
                Leasehold Improvements (Details)                                 
46: R36         GOODWILL AND LONG-LIVED ASSETS - Schedule of        HTML     38K 
                Long-Lived Assets (Details)                                      
47: R37         GOODWILL AND LONG-LIVED ASSETS - Schedule of        HTML     43K 
                Intangible Assets (Details)                                      
48: R38         GOODWILL AND LONG-LIVED ASSETS - Schedule of        HTML     40K 
                Estimated Future Amortization Expense (Details)                  
49: R39         INVESTMENTS - Narrative (Details)                   HTML     43K 
50: R40         INVESTMENTS - Summary of Investments (Details)      HTML     43K 
51: R41         SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS  HTML     45K 
                AND STATEMENTS OF OPERATIONS INFORMATION -                       
                Schedule of Other Income (Expense) (Details)                     
52: R42         SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS  HTML     37K 
                AND STATEMENTS OF OPERATIONS INFORMATION -                       
                Schedule of Prepaid and Other Current Assets                     
                (Details)                                                        
53: R43         SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS  HTML     33K 
                AND STATEMENTS OF OPERATIONS INFORMATION -                       
                Schedule of Other Non-Current Assets (Details)                   
54: R44         SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS  HTML     47K 
                AND STATEMENTS OF OPERATIONS INFORMATION -                       
                Schedule of Accrued Expense and Other Current                    
                Liabilities (Details)                                            
55: R45         SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS  HTML     33K 
                AND STATEMENTS OF OPERATIONS INFORMATION -                       
                Schedule of Other Non-current Liabilities                        
                (Details)                                                        
56: R46         FINANCING ARRANGEMENTS - Convertible Senior Notes   HTML     80K 
                (Details)                                                        
57: R47         FINANCING ARRANGEMENTS - Schedule of Notes          HTML     36K 
                (Details)                                                        
58: R48         FINANCING ARRANGEMENTS - Schedule of Convertible    HTML     36K 
                Debt Interest Expense (Details)                                  
59: R49         FINANCING ARRANGEMENTS - Revolving Credit Facility  HTML     79K 
                (Details)                                                        
60: R50         COMMITMENTS AND CONTINGENCIES - Additional          HTML     50K 
                Information (Details)                                            
61: R51         STOCKHOLDERS' EQUITY AND COMPENSATION ARRANGEMENTS  HTML     58K 
                - Additional Information (Details)                               
62: R52         STOCKHOLDERS' EQUITY AND COMPENSATION ARRANGEMENTS  HTML     49K 
                - Schedule of Restricted Stock Unit Activity                     
                (Details)                                                        
63: R53         REVENUE RECOGNITION - Activity in the Liability of  HTML     33K 
                Customer Credits (Details)                                       
64: R54         REVENUE RECOGNITION - Narrative (Details)           HTML     37K 
65: R55         REVENUE RECOGNITION - Activity in Allowance for     HTML     34K 
                Expected Credit Losses on Accounts Receivable                    
                (Details)                                                        
66: R56         RESTRUCTURING AND RELATED CHARGES - Narrative       HTML     55K 
                (Details)                                                        
67: R57         RESTRUCTURING AND RELATED CHARGES - Schedule of     HTML     62K 
                Restructuring Costs by Segment (Details)                         
68: R58         RESTRUCTURING AND RELATED CHARGES - Schedule of     HTML     50K 
                Restructuring Liability Activity (Details)                       
69: R59         INCOME TAXES - Schedule of Provision (Benefit) for  HTML     33K 
                Income Taxes (Details)                                           
70: R60         INCOME TAXES - Additional Information (Details)     HTML     29K 
71: R61         Fair Value Measurements (Details)                   HTML     46K 
72: R62         Income (LOSS) PER SHARE - Schedule of Computation   HTML     83K 
                of Basic and Diluted Net Income (Loss) Per Share                 
                (Details)                                                        
73: R63         Income (LOSS) PER SHARE - Schedule of               HTML     48K 
                Weighted-Average Potentially Dilutive Instruments                
                (Details)                                                        
74: R64         SEGMENT INFORMATION - Additional Information        HTML     26K 
                (Details)                                                        
75: R65         SEGMENT INFORMATION - Schedule of Revenue by        HTML     60K 
                Segment (Details)                                                
76: R66         SEGMENT INFORMATION - Schedule of Cost of Revenue   HTML     52K 
                by Segment and Category (Details)                                
77: R67         SEGMENT INFORMATION - Schedule of Contribution      HTML     59K 
                Profit by Segment (Details)                                      
78: R68         SEGMENT INFORMATION - Schedule of Total Assets by   HTML     42K 
                Segment (Details)                                                
79: R9999       Uncategorized Items - grpn-20220930.htm             HTML     44K 
82: XML         IDEA XML File -- Filing Summary                      XML    155K 
80: XML         XBRL Instance -- grpn-20220930_htm                   XML   2.70M 
81: EXCEL       IDEA Workbook of Financial Reports                  XLSX    166K 
 7: EX-101.CAL  XBRL Calculations -- grpn-20220930_cal               XML    232K 
 8: EX-101.DEF  XBRL Definitions -- grpn-20220930_def                XML    700K 
 9: EX-101.LAB  XBRL Labels -- grpn-20220930_lab                     XML   1.57M 
10: EX-101.PRE  XBRL Presentations -- grpn-20220930_pre              XML   1.03M 
 6: EX-101.SCH  XBRL Schema -- grpn-20220930                         XSD    173K 
83: JSON        XBRL Instance as JSON Data -- MetaLinks              417±   635K 
84: ZIP         XBRL Zipped Folder -- 0001490281-22-000139-xbrl      Zip    476K

‘R14’   —   Stockholders’ Equity and Compensation Arrangements

This is an IDEA Financial Report.  [ Alternative Formats ]

 
 <>  v3.22.2.2
STOCKHOLDERS' EQUITY AND COMPENSATION ARRANGEMENTS
 9 Months Ended
Share-Based Payment Arrangement [Abstract]  
STOCKHOLDERS' EQUITY AND COMPENSATION ARRANGEMENTS STOCKHOLDERS' EQUITY AND COMPENSATION ARRANGEMENTS
Groupon, Inc. Incentive Plan
In August 2011, we established the Groupon, Inc. 2011 Incentive Plan, as amended and restated (the "2011 Plan"), under which options, RSUs and performance stock units for up to 11,875,000 shares of common stock are authorized for future issuance to employees, consultants and directors. The 2011 Plan is administered by the Compensation Committee of the Board. As of September 30, 2022, 3,203,455 shares of common stock were available for future issuance under the 2011 Plan.
Restricted Stock Units
The restricted stock units granted under the Groupon, Inc. Stock Plans (the "Plans") generally have vesting periods between one and four years and are amortized on a straight-line basis over their requisite service period.
The table below summarizes restricted stock unit activity under the Plans for the nine months ended September 30, 2022:
Restricted Stock UnitsWeighted-Average Grant Date Fair Value (per unit)
Unvested at December 31, 20212,205,235 $31.06 
Granted2,233,380 19.14 
Vested(915,272)33.25 
Forfeited(514,350)26.94 
Unvested at September 30, 20223,008,993 $22.20 
As of September 30, 2022, $52.2 million of unrecognized compensation costs related to unvested restricted stock units, excluding any impact of forfeitures, are expected to be recognized over a remaining weighted-average period of 1.19 years.
Performance Share Units
We have previously granted performance share units under the Plans that vest in shares of our common stock upon the achievement of financial and operational targets specified in the respective award agreement ("Performance Share Units"). We have also granted performance share units subject to a market condition ("Market-based Performance Share Units"). Our existing Performance Share Units and Market-based Performance Share Units are subject to continued employment through the performance period dictated by the award and certification by the Compensation Committee of the Board that the specified performance conditions have been achieved.
During the nine months ended September 30, 2022, 20,494 shares of our common stock were issued upon vesting of Performance Share Units granted in 2020 and prior based on the Board's certification of our financial and operational metrics for the year ended December 31, 2020. The weighted average grant date fair value of those shares was $31.97 per share. As of September 30, 2022, we have recognized substantially all expense related to the 17,269 unvested Performance Share Units and the 33,333 unvested Market-based Performance Share Units

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/7/228-K
For Period end:9/30/22
12/31/2110-K
12/31/2010-K
 List all Filings 

2 Subsequent Filings that Reference this Filing

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

 3/15/24  Groupon, Inc.                     10-K       12/31/23  127:13M
 3/16/23  Groupon, Inc.                     10-K       12/31/22  118:13M

1 Previous Filing that this Filing References

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

 9/29/22  Groupon, Inc.                     8-K:1,2,9   9/28/22   11:1.3M
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Filing Submission 0001490281-22-000139   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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