XML 58 R43.htm IDEA: XBRL DOCUMENT v3.10.0.1
RELATED PARTY TRANSACTIONS WITH IAC (Tables)
 12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table summarizes the components of the net increase in IAC’s investment in HomeAdvisor prior to the contribution of the HomeAdvisor business to ANGI Homeservices:
 
December 31,
 
2017
 
2016
 
(In thousands)
Cash transfers from IAC related to its centrally managed U.S. treasury management function, acquisitions and cash expenses paid by IAC on behalf of HomeAdvisor, net
$
(80,368
)
 
$
(363
)
Taxes
38,162

 
(5,968
)
Interest income, net (a)   
656

 
278

Allocation of general and administrative expense
(4,789
)
 
(4,247
)
Net increase in IAC’s investment in HomeAdvisor
$
(46,339
)
 
$
(10,300
)
________________________________
(a) 
Interest expense on long-term debt—related party is not included.
Schedule of Long-term Debt by Related Parties
Long-term debt—related party consists of:
 
December 31,
 
2018
 
2017
 
(In thousands)
Long-term debt—related party
$
1,015

 
$
2,813

Less: current portion of long-term debt—related party
—

 
816

Total long-term debt—related party, net
$
1,015

 
$
1,997