LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Supplemental Balance Sheet Information of Leases


		December 31,
Leases	Balance Sheet Classification	2021		2020
		(In thousands)
Assets:
Right-of-use assets	Other non-current assets	$	69,858	$	87,559

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	17,098		15,700
Long-term lease liabilities	Other long-term liabilities	88,423		103,575
Total lease liabilities		$	105,521	$	119,275

Schedule of Lease Cost and Other Information


		December 31,
Lease Cost	Income Statement Classification	2021		2020
		(In thousands)
Fixed lease cost	Cost of revenue	$	346	$	321
Fixed lease cost	Selling and marketing expense	7,305		9,913
Fixed lease cost	General and administrative expense	16,829		7,545
Fixed lease cost	Product development expense	1,232		1,848
Total fixed lease cost(a)		25,712		19,627
Variable lease cost	Cost of revenue	—		—
Variable lease cost	Selling and marketing expense	1,087		2,314
Variable lease cost	General and administrative expense	2,481		1,567
Variable lease cost	Product development expense	567		867
Total variable lease cost		4,135		4,748
Net lease cost		$	29,847	$	24,375

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(a) The years ended December 31, 2021 and 2020 includes $0.1 million and $0.04 million of short-term lease cost, respectively, and $1.8 million of sublease income for both years.


	December 31,
	2021		2020
	(In thousands)
Other information:
Right-of-use assets obtained in exchange for lease liabilities	$	3,143	$	326
Cash paid for amounts included in the measurement of lease liabilities	$	23,506	$	20,939

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of December 31, 2021(b):


For Years Ending December 31:	(In thousands)
2022	$	22,818
2023	21,103
2024	19,825
2025	19,302
2026	18,377
Thereafter	25,050
Total	126,475
Less: Interest	20,954
Present value of lease liabilities	$	105,521

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(b) Lease payments exclude $1.2 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 terms and discount rates as of December 31, 2021 and 2020:


	December 31,
	2021		2020
Remaining lease term	6.0 years		6.9 years
Discount rate	5.97	%	5.91	%