XML 28 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED AND COMBINED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Class A Common Stock
Total ANGI Homeservices Inc. Shareholders' Equity and Invested Capital
Redeemable Noncontrolling Interests
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Class C Common Stock
Additional Paid-in Capital
(Accumulated Deficit) Retained Earnings
Invested Capital
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2016 $ 162,613   $ 153,131 $ 13,781 $ 0 $ 0 $ 0 $ 0 $ 0 $ 154,852 $ (1,721) $ 0 $ 9,482
Balance at the beginning of the period (shares) at Dec. 31, 2016         0 0 0            
Increase (Decrease) in Shareholders' Equity                          
Net (loss) earnings (103,136)   (103,118) (1,391)         (121,764) 18,646     (18)
Other comprehensive income (loss) 4,210   3,953 758             3,953   257
Net increase in IAC’s investment in HomeAdvisor prior to the Combination 46,339   46,339             46,339      
Contribution of IAC's HomeAdvisor business to ANGI Homeservices Inc. and Combination with Angie's List 779,471   779,471   $ 61 $ 415   997,107   (218,112)      
Contribution of IAC's HomeAdvisor business to ANGI Homeservices Inc. and Combination with Angie's List (shares)         61,291 414,754              
Stock-based compensation expense 125,451   125,451 2,017       125,451          
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (8,490)   (8,490)   $ 2     (8,492)          
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)         1,527                
Issuance of common stock to IAC pursuant to the employee matters agreement 0                        
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)           432              
Redeemable noncontrolling interests created in acquisitions 0     14,758                  
Purchase of noncontrolling interests       (11,991)                  
Purchase of noncontrolling interests (848)                       (848)
Adjustment of redeemable noncontrolling interests to fair value (3,332)   (3,332) 3,332       (1,607)   (1,725)      
Other 816   (59) 36       (59)         875
Balance at end of period at Dec. 31, 2017 1,003,094   993,346 21,300 $ 63 $ 415 $ 0 1,112,400 (121,764) 0 2,232 0 9,748
Balance at the end of the period (shares) at Dec. 31, 2017         62,818 415,186 0            
Increase (Decrease) in Shareholders' Equity                          
Net (loss) earnings 77,653   77,318 (146)         77,318       335
Other comprehensive income (loss) (4,277)   (4,093) (582)             (4,093)   (184)
Stock-based compensation expense 95,940   95,940 1,138       95,940          
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (25,091)   (25,091)   $ 9     (25,100)          
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)         9,111                
Issuance of common stock to IAC pursuant to the employee matters agreement 0         $ 1   (1)          
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)           856              
Issuance of common stock to IAC pursuant to the post-closing adjustment provision of the Angie's List merger agreement 0         $ 5   (5)          
Issuance of common stock to IAC pursuant to the post-closing adjustment provision of the Angie's List merger agreement (shares)           5,076              
Issuance of common stock to the equity holders of Handy Technologies, Inc. pursuant to the merger agreement 165,797   165,797   $ 9     165,788          
Issuance of common stock to the equity holders of Handy Technologies, Inc. pursuant to the merger agreement (shares)         8,586                
Distribution to IAC pursuant to the tax sharing agreement (12,100)   (12,100)         (12,100)          
Purchase of treasury stock   $ (57,900)                      
Purchase of noncontrolling interests       (4,825)                  
Purchase of noncontrolling interests (1,236)                       (1,236)
Adjustment of redeemable noncontrolling interests to fair value (1,244)   (1,244) 1,244       (1,244)          
Other (2,198)   (2,581) 34       (2,581)         383
Balance at end of period at Dec. 31, 2018 1,321,987   1,312,941 18,163 $ 81 $ 421 $ 0 1,333,097 (18,797) 0 (1,861) 0 9,046
Balance at the end of the period (shares) at Dec. 31, 2018         80,515 421,118 0            
Increase (Decrease) in Shareholders' Equity                          
Net (loss) earnings 35,172   34,829 142         34,829       343
Other comprehensive income (loss) 357   482 39             482   (125)
Stock-based compensation expense 65,815   65,815 148       65,815          
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (32,957)   (32,957)   $ 6     (32,963)          
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)         6,492                
Issuance of common stock to IAC pursuant to the employee matters agreement (1,765)   (1,765)     $ 1   (1,766)          
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)           452              
Purchase of treasury stock (57,949)   (57,949)                 (57,949)  
Adjustments to Additional Paid in Capital, Tax Sharing Agreement 1,151   1,151         1,151          
Purchase of noncontrolling interests       (71)                  
Adjustment of redeemable noncontrolling interests to fair value (8,242)   (8,242) 8,242       (8,242)          
Other (17)   (17) 0       (17)          
Balance at end of period at Dec. 31, 2019 $ 1,323,552   $ 1,314,288 $ 26,663 $ 87 $ 422 $ 0 $ 1,357,075 $ 16,032 $ 0 $ (1,379) $ (57,949) $ 9,264
Balance at the end of the period (shares) at Dec. 31, 2019         87,007 421,570 0