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TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of Purchase Price
The table below summarizes the purchase price:
 
Angie's List
 
(In thousands)
Class A common stock
$
763,684

Cash consideration for holders who elected to receive $8.50 in cash per share of Angie's List common stock
1,913

Fair value of vested and pro rata portion of unvested stock options attributable to pre-combination services
11,749

Fair value of the pro rata portion of unvested restricted stock units attributable to pre-combination services
4,038

Total purchase price
$
781,384

A summary of the costs incurred, payments made and the related accrual is presented below.
 
Years Ended December 31,
 
2018
 
2017
 
(In thousands)
Transaction and integration related costs
$
3,584

 
$
44,101

Stock-based compensation expense
70,645

 
122,066

Total
$
74,229

 
$
166,167

 
December 31,
 
2018
 
2017
 
(In thousands)
Accrual as of January 1
$
8,480

 
$

Costs incurred
3,584

 
44,101

Payments made
(12,064
)
 
(35,621
)
Accrual as of December 31
$

 
$
8,480

The costs by function are as follows in the accompanying consolidated and combined statement of operations:
 
Year Ended December 31, 2018
 
Integration Related Costs
 
Stock-Based Compensation Expense
 
Total
 
(In thousands)
Cost of revenue
$

 
$

 
$

Selling and marketing expense

 
2,161

 
2,161

General and administrative expense
3,584

 
61,010

 
64,594

Product development expense

 
7,474

 
7,474

Total
$
3,584

 
$
70,645

 
$
74,229


 
Year Ended December 31, 2017
 
Transaction and Integration Related Costs
 
Stock-Based Compensation Expense
 
Total
 
(In thousands)
Cost of revenue
$

 
$

 
$

Selling and marketing expense
7,430

 
24,416

 
31,846

General and administrative expense
36,120

 
83,420

 
119,540

Product development expense
551

 
14,230

 
14,781

Total
$
44,101

 
$
122,066

 
$
166,167