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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue (Note 3) [1] $ 533 $ 459 $ 1,398 $ 1,138
Costs and expenses:        
Cost of revenue (1) (exclusive of depreciation and amortization as shown separately below) 43 32 113 85
Selling and marketing 272 234 761 591
Technology and content 66 55 205 162
General and administrative 49 45 144 114
Depreciation and amortization 21 23 63 73
Restructuring and Related Cost, Incurred Cost 18 0 18 0
Total costs and expenses 469 389 1,304 1,025
Operating income (loss) 64 70 94 113
Other income (expense):        
Interest expense (11) (11) (33) (33)
Interest income 13 4 35 7
Other income (expense), net (2) (1) (3) (4)
Total other income (expense), net 0 (8) (1) (30)
Income (loss) before income taxes 64 62 93 83
(Provision) benefit for income taxes (Note 8) (37) (37) (115) (61)
Net income (loss) [2] $ 27 $ 25 $ (22) $ 22
Earnings (loss) per share attributable to common stockholders (Note 12):        
Basic $ 0.2 $ 0.18 $ (0.16) $ 0.16
Diluted $ 0.19 $ 0.17 $ (0.16) $ 0.15
Weighted average common shares outstanding (Note 12):        
Basic 138,190 140,219 139,841 139,668
Diluted 143,286 145,748 139,841 143,993
[1] Our revenue is recognized primarily at a point in time for all reportable segments.
[2] Interest expense, net of taxes, related to the 2026 Senior Notes which was included in the Diluted EPS calculation for the three months ended September 30, 2023 and 2022, and for the nine months ended September 30, 2022, was not material.