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CONSOLIDATED FINANCIAL STATEMENT DETAILS
 9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
CONSOLIDATED FINANCIAL STATEMENT DETAILS CONSOLIDATED FINANCIAL STATEMENT DETAILS
Cash and Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the accompanying balance sheet to the total amounts shown in the accompanying statement of cash flows:
September 30, 2022December 31, 2021September 30, 2021December 31, 2020
(In thousands)
Cash and cash equivalents$328,795 $428,136 $476,625 $812,705 
Restricted cash included in other current assets101 156 272 407 
Restricted cash included in other non-current assets840 1,193 1,216 449 
Total cash and cash equivalents, and restricted cash as shown on the consolidated statement of cash flows$329,736 $429,485 $478,113 $813,561 
Restricted cash included in other current assets at September 30, 2022 primarily consisted of cash reserved to fund insurance claims.
Restricted cash included in other current assets at December 31, 2021, September 30, 2021 and December 31, 2020 consisted of cash reserved to fund insurance claims and cash received from customers through the marketplace platforms, representing funds collected for payments to service providers, which were not settled as of the period end.
Restricted cash included in other non-current assets for all periods presented above primarily consisted of deposits related to leases. Restricted cash included in other non-current assets at September 30, 2022 and December 31, 2021 also included cash held related to a check endorsement guarantee for Angi Roofing.
Credit Losses and Revenue Reserve
The following table presents the changes in the credit loss reserve for the nine months ended September 30, 2022 and 2021:
20222021
(In thousands)
Balance at January 1
$33,652 $26,046 
Current period provision for credit losses82,216 66,081 
Write-offs charged against the credit loss reserve(72,212)(56,102)
Recoveries collected
4,136 1,896 
Balance at September 30$47,792 $37,921 
The revenue reserve was $3.0 million and $2.4 million at September 30, 2022 and 2021, respectively. The total allowance for credit losses and revenue reserve was $50.8 million and $40.3 million as of September 30, 2022 and 2021, respectively.
Accumulated Amortization and Depreciation
The following table provides the accumulated amortization and depreciation within the consolidated balance sheet:
Asset CategorySeptember 30, 2022December 31, 2021
 (In thousands)
Right-of-use assets (included in “other non-current assets”)$74,431 $40,757 
Capitalized software, leasehold improvements, and equipment$139,242 $108,235 
Intangible assets$168,436 $159,356 
Other expense, net
Three Months Ended September 30,Nine Months Ended September 30,
 2022202120222021
 
Interest income$1,556 $31 $2,135 $178 
Foreign exchange losses(3,852)(515)(6,572)(968)
Loss on extinguishment of debt(a)
— — — (1,110)
Gain (loss) from acquisition/sale of a business— 18 — 31 
Other— (13)— (13)
Other expense, net$(2,296)$(479)$(4,437)$(1,882)
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(a)    Represents the write-off of deferred debt issuance costs related to the ANGI Group Term Loan, which was repaid in its entirety during the second quarter of 2021.