Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.22.2.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]        
Net revenues $ 3,080,600 $ 3,198,235 $ 5,342,195 $ 5,392,792
Costs and operating expenses        
Cost of goods sold 1,498,177 1,479,446 2,541,159 2,434,997
Selling, general and administrative expenses 1,251,320 1,160,303 2,406,571 2,196,425
Impairment of goodwill and intangible assets 421,922 0 421,922 0
Total costs and operating expenses 3,171,419 2,639,749 5,369,652 4,631,422
Operating income (loss) (90,819) 558,486 (27,457) 761,370
Interest income 823 1,518 2,106 3,660
Interest expense (34,726) (35,888) (67,271) (70,805)
Other income (expense), net (9,280) 7,549 (103,994) 16,590
Income (loss) from continuing operations before income taxes (134,002) 531,665 (196,616) 710,815
Income tax expense (benefit) (15,570) 67,612 (22,224) 92,790
Income (loss) from continuing operations (118,432) 464,053 (174,392) 618,025
Income from discontinued operations, net of tax 0 0 0 170,273
Net income (loss) $ (118,432) $ 464,053 $ (174,392) $ 788,298
Earnings (loss) per common share - basic        
Continuing operations (in USD per share) $ (0.31) $ 1.18 $ (0.45) $ 1.58
Discontinued operations (in USD per share) 0 0 0 0.43
Total earnings (loss) per common share - basic (in USD per share) (0.31) 1.18 (0.45) 2.01
Earnings (loss) per common share - diluted        
Continuing operations (in USD per share) (0.31) 1.18 (0.45) 1.57
Discontinued operations (in USD per share) 0 0 0 0.43
Total earnings (loss) per common share - diluted (in USD per share) $ (0.31) $ 1.18 $ (0.45) $ 2.00
Weighted average shares outstanding        
Basic (in shares) 387,688 391,779 387,625 391,565
Diluted (in shares) 387,688 394,017 387,625 394,072