Overstock.com Inc (NASDAQ:OSTK)

Overstock.com, Inc. operates as an online retailing company. It offers discount brand name, non-brand name and closeout merchandise, including bed-and-bath goods, home décor, kitchenware, furniture, watches and jewelry, apparel, electronics and computers, sporting goods, and designer accessories, among other products. The company also sells books, magazines, CDs, DVDs and video games. It sells these products through its Internet websites located at www.overstock.com and www.o.co. The company also operates as part of its website an online auctions business, a marketplace for the buying and selling of goods and services and online sites for listing cars and real estate for sale. It organized shopping business into two principal segments: Direct and Fulfillment Partner. The Direct segment includes revenues, direct costs, and cost allocations associated with sales fulfilled from its leased warehouses. Costs for this segment include product costs and outbound freight, warehousing and fulfillment costs, credit card fees and customer service costs. The fulfillment partner segment includes revenues, direct costs and cost allocations associated with sales of merchandise of third parties over its website, fulfilled from warehouses maintained by its fulfillment partners. Costs for this segment include product costs, outbound freight and fulfillment costs, credit card fees and customer service costs. The company was founded by Patrick Michael Byrne on May 5, 1997 and is headquartered in headquartered in Salt Lake City, UT.