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QUARTERLY RESULTS (UNAUDITED)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY RESULTS (UNAUDITED)
QUARTERLY RESULTS (UNAUDITED)
 
Quarter Ended
March 31
 
Quarter Ended
June 30
 
Quarter Ended
September 30 (a)
 
Quarter Ended
December 31(b)
 
(In thousands, except per share data)
Year Ended December 31, 2017
 
 
 
 
 
 
 
Revenue
$
150,745

 
$
180,711

 
$
181,717

 
$
223,213

Cost of revenue
6,830

 
7,562

 
7,999

 
11,682

Operating income (loss)
1,388

 
(2,836
)
 
(112,505
)
 
(33,918
)
Net earnings (loss)
25,887

 
(25
)
 
(72,158
)
 
(58,231
)
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders
26,613

 
254

 
(71,761
)
 
(58,224
)
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic earnings (loss) per share(c)
$
0.06

 
$
0.00

 
$
(0.17
)
 
$
(0.12
)
Diluted earnings (loss) per share(c)
$
0.06

 
$
0.00

 
$
(0.17
)
 
$
(0.12
)
 
 
 
 
 
 
 
 
 
Quarter Ended
March 31
 
Quarter Ended
June 30
 
Quarter Ended
September 30
 
Quarter Ended
December 31
 
(In thousands, except per share data)
Year Ended December 31, 2016
 
 
 
 
 
 
 
Revenue
$
111,489

 
$
130,173

 
$
133,560

 
$
123,668

Cost of revenue
5,994

 
6,745

 
6,826

 
6,293

Operating (loss) income
(514
)
 
9,513

 
8,843

 
6,216

Net (loss) earnings
(1,244
)
 
5,351

 
4,468

 
2,056

Net (loss) earnings attributable to ANGI Homeservices Inc. shareholders
(677
)
 
6,010

 
5,075

 
2,720

Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic (loss) earnings per share(c)
$
(0.00
)
 
$
0.01

 
$
0.01

 
$
0.01

Diluted (loss) earnings per share(c)
$
(0.00
)
 
$
0.01

 
$
0.01

 
$
0.01

_________________________________________________________________________
(a) 
The third quarter of 2017 includes after-tax stock-based compensation expense of $59.4 million related primarily to the modification of previously issued HomeAdvisor vested awards, which were converted into ANGI Homeservices equity awards, and the acceleration of certain Angie’s List equity awards in connection with the Combination, as well as after-tax costs of $17.0 million related to the Combination.
(b) 
The fourth quarter of 2017 includes after-tax stock-based compensation expense of $15.6 million related primarily to the modification of previously issued HomeAdvisor unvested awards, which were converted into ANGI Homeservices equity awards, the expense related to previously issued Angie's List equity awards and the acceleration of certain Angie's List equity awards resulting from the termination of employees in connection with the Combination, as well as after-tax costs of $13.8 million related to the Combination (including $7.6 million of deferred revenue write-offs).
(c) 
Quarterly per share amounts may not add to the related annual per share amount because of differences in the average common shares outstanding during each period.