QUARTERLY RESULTS (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]



	Quarter Ended March 31 ^(a)			Quarter Ended June 30 ^(a)		Quarter Ended September 30 ^(a)		Quarter Ended December 31^(a)
	(In thousands, except per share data)
Year Ended December 31, 2019
Revenue	$	303,443		$	343,896	$	357,358	$	321,508
Cost of revenue	10,011			10,722		13,312		12,448
Operating (loss) income	(3,641		)	11,403		24,726		6,157
Net earnings	9,851			7,234		18,324		(95		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	9,969			6,968		17,999		(107		)
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic earnings (loss) per share^(f)	$	0.02		$	0.01	$	0.04	$	(0.00	)
Diluted earnings (loss) per share^(f)	$	0.02		$	0.01	$	0.04	$	(0.00	)

	Quarter Ended March 31 ^(b)			Quarter Ended June 30 ^(c)		Quarter Ended September 30 ^(d)		Quarter Ended December 31 ^(e)
	(In thousands, except per share data)
Year Ended December 31, 2018
Revenue	$	255,311		$	294,822	$	303,116	$	278,992
Cost of revenue	13,595			14,703		14,015		13,426
Operating (loss) income	(10,756		)	23,262		33,515		17,885
Net (loss) earnings	(9,114		)	23,023		26,786		36,812
Net (loss) earnings attributable to ANGI Homeservices Inc. shareholders	(8,885		)	22,899		26,617		36,687
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic (loss) earnings per share^(f)	$	(0.02	)	$	0.05	$	0.06	$	0.07
Diluted (loss) earnings per share^(f)	$	(0.02	)	$	0.05	$	0.05	$	0.07

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^(a)	The first, second, third and fourth quarters of 2019 include after-tax stock-based compensation expense of $2.3 million, $2.0 million, $1.8 million, and $1.8 million, respectively, related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.

^(b)

The first quarter of 2018 includes after-tax stock-based compensation expense of $14.7 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination, and the acceleration of certain converted equity awards resulting from the termination of Angie's List employees in connection with the Combination, as well as after-tax costs of $4.0 million related to the Combination (including $2.8 million of deferred revenue write-offs).

^(c)

The second quarter of 2018 includes after-tax stock-based compensation expense of $12.8 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination, and the acceleration of certain converted equity awards resulting from the termination of Angie's List employees in connection with the Combination, as well as after-tax costs of $1.9 million related to the Combination (including $1.8 million of deferred revenue write-offs).


^(d)	The third quarter of 2018 includes after-tax stock-based compensation expense of $12.3 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.


^(e)	The fourth quarter of 2018 includes:


i.	after-tax stock-based compensation expense of $14.4 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.


ii.	an after-tax gain of $10.0 million related to the sale of Felix.

^(f)

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.