v3.20.2
Consolidated and Combined Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
9 Months Ended |
|
|
|
|
Income Statement [Abstract] |
|
|
|
|
Net revenues |
$ 583,222
|
$ 638,138
|
$ 1,436,974
|
$ 1,896,228
|
Costs and operating expenses |
|
|
|
|
Cost of goods sold |
325,512
|
382,181
|
854,134
|
1,157,383
|
Selling, general and administrative expenses |
174,846
|
192,293
|
521,935
|
596,466
|
Non-cash impairment of intangible asset |
0
|
32,636
|
0
|
32,636
|
Total costs and operating expenses |
500,358
|
607,110
|
1,376,069
|
1,786,485
|
Operating income |
82,864
|
31,028
|
60,905
|
109,743
|
Interest income from former parent, net |
0
|
0
|
0
|
3,762
|
Interest expense |
(13,249)
|
(14,140)
|
(37,308)
|
(21,876)
|
Interest income |
283
|
712
|
1,255
|
3,543
|
Other expense, net |
(751)
|
(1,456)
|
(1,710)
|
(3,797)
|
Income before income taxes |
69,147
|
16,144
|
23,142
|
91,375
|
Income taxes |
8,362
|
1,642
|
(1,669)
|
23,474
|
Net income |
$ 60,785
|
$ 14,502
|
$ 24,811
|
$ 67,901
|
Earnings per common share |
|
|
|
|
Basic (in USD per share) |
$ 1.07
|
$ 0.26
|
$ 0.44
|
$ 1.20
|
Diluted (in USD per share) |
$ 1.05
|
$ 0.25
|
$ 0.43
|
$ 1.19
|
Weighted average shares outstanding |
|
|
|
|
Basic (in shares) |
57,007
|
56,694
|
56,938
|
56,663
|
Diluted (in shares) |
57,642
|
57,401
|
57,669
|
56,989
|
X |
- DefinitionThe aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.
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