Revenue during the quarter grew 9.56 percent to $526.18 million from $480.27 million in the previous year period. Gross margin for the quarter expanded 132 basis points over the previous year period to 18.63 percent. Operating margin for the quarter stood at negative 0.06 percent as compared to a negative 0.64 percent for the previous year period.

Operating loss for the quarter was $0.34 million, compared with an operating loss of $3.09 million in the previous year period.

The company has spent $79.45 million cash to meet investing activities during the year as against cash outgo of $82.43 million in the last year. 

Cash flow from financing activities was $52.72 million for the year, up 218.81 percent or $36.18 million, when compared with the last year.

Cash and cash equivalents stood at $183.10 million as on Dec. 31, 2016, up 7.54 percent or $12.84 million from $170.26 million on Dec. 31, 2015.

Working capital turns positive
Working capital of Overstock.com, Inc has turned positive to $11.43 million on Dec. 31, 2016 from negative $10.31 million on Dec. 31, 2015. Current ratio was at 1.05 as on Dec. 31, 2016, up from 0.96 on Dec. 31, 2015.

Debt increases substantially
Overstock.com, Inc has witnessed an increase in total debt over the last one year. It stood at $59.27 million as on Dec. 31, 2016, up 310.51 percent or $44.83 million from $14.44 million on Dec. 31, 2015. Total debt was 12.22 percent of total assets as on Dec. 31, 2016, compared with 3.36 percent on Dec. 31, 2015. Debt to equity ratio was at 0.34 as on Dec. 31, 2016, up from 0.10 as on Dec. 31, 2015.