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LEASES (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information of Leases
Leases
 
Balance Sheet Classification
 
September 30, 2019
 
 
 
 
(In thousands)
Assets:
 
 
 
 
Right-of-use assets
 
Right-of-use assets
 
$
101,270

 
 
 
 
 
Liabilities:
 
 
 
 
Current lease liabilities
 
Accrued expenses and other current liabilities
 
12,265

Long-term lease liabilities
 
Other long-term liabilities
 
118,679

Total lease liabilities
 
 
 
$
130,944


Schedule of Lease Cost and Other Information
Lease Cost
 
Income Statement Classification
 
Three Months Ended September 30, 2019
 
Nine Months Ended September 30, 2019
 
 
 
 
(In thousands)
Fixed lease cost
 
Cost of revenue
 
$
80

 
$
127

Fixed lease cost
 
Selling and marketing expense
 
2,374

 
6,804

Fixed lease cost
 
General and administrative expense
 
1,919

 
5,967

Fixed lease cost
 
Product development expense
 
404

 
986

Total fixed lease cost (a)
 
 
 
4,777

 
13,884

Variable lease cost
 
Selling and marketing expense
 
337

 
1,007

Variable lease cost
 
General and administrative expense
 
197

 
528

Variable lease cost
 
Product development expense
 
54

 
109

Total variable lease cost
 
 
 
588

 
1,644

Net lease cost
 
 
 
$
5,365

 
$
15,528

________________________
(a) Includes less than $0.1 million and $0.7 million of short-term lease cost and $0.5 million and $1.0 million of sublease income for the three and nine months ended September 30, 2019, respectively.
 
 
Three Months Ended September 30, 2019
 
Nine Months Ended September 30, 2019
 
 
(In thousands)
Other Information:
 
 
 
 
Right-of-use assets obtained in exchange for lease liabilities
 
$
1,633

 
$
53,117

Cash paid for amounts included in the measurement of lease liabilities
 
$
4,139

 
$
12,660


Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of September 30, 2019 (in thousands) (b):
Remainder of 2019
 
$
3,307

2020
 
21,313

2021
 
22,025

2022
 
21,032

2023
 
19,844

After 2023
 
79,994

Total
 
167,515

     Less: Interest
 
36,571

Present value of lease liabilities
 
$
130,944

________________________
(b) 
Lease payments exclude $6.0 million of legally binding minimum lease payments for leases signed but not yet commenced.
Schedule of Weighted-Average Lease Term and Discount Rate of Leases
The following are the weighted average assumptions used for lease term and discount rate as of September 30, 2019:
Remaining lease term
 
7.9 years

Discount rate
 
6.05
%