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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net earnings (loss) $ 757,747 $ 358,008 $ (16,151)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Stock-based compensation expense 238,420 264,618 104,820
Amortization of intangibles 108,399 42,143 79,426
Depreciation 75,360 74,265 71,676
Bad debt expense 48,445 28,930 17,733
Goodwill impairment 0 0 275,367
Deferred income taxes (34,679) (285,278) (119,181)
Unrealized gains on equity securities, net (124,170) 0 0
Gains from the sale of businesses and investments, net (147,829) (32,673) (50,965)
Other adjustments, net 15,763 61,647 596
Changes in assets and liabilities, net of effects of acquisitions and dispositions:      
Accounts receivable (34,828) (115,169) 1,283
Other assets (44,557) 5,688 (12,808)
Accounts payable and other liabilities 53,555 (25,289) (52,359)
Income taxes payable and receivable 27,034 655 8,998
Deferred revenue 49,468 39,154 35,803
Net cash provided by operating activities 988,128 416,699 344,238
Cash flows from investing activities:      
Acquisitions, net of cash acquired (64,496) (146,553) (18,403)
Capital expenditures (85,634) (75,523) (78,039)
Proceeds from maturities and sales of marketable debt securities 333,600 114,350 252,369
Purchases of marketable debt securities (449,676) (29,891) (313,943)
Investments in time deposits 0 0 (87,500)
Proceeds from maturities of time deposits 0 0 87,500
Net proceeds from the sale of businesses and investments 136,719 185,778 172,228
Purchases of investments (52,980) (9,106) (12,565)
Other, net 9,027 2,994 11,215
Net cash (used in) provided by investing activities (173,440) 42,049 12,862
Cash flows from financing activities:      
Purchase of exchangeable note hedge 0 (74,365) 0
Proceeds from issuance of warrants 0 23,650 0
Debt issuance costs (5,449) (33,744) (7,811)
Dividends paid to Match Group noncontrolling interests (105,126) 0 0
Purchase of noncontrolling interests (16,063) (15,439) (2,740)
Acquisition-related contingent consideration payments (185) (27,289) (2,180)
Other, net (5,375) (5,000) (2,705)
Net cash used in financing activities (312,798) (196,869) (492,140)
Total cash provided (used) 501,890 261,879 (135,040)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (1,887) 11,604 (6,434)
Net increase (decrease) in cash, cash equivalents, and restricted cash 500,003 273,483 (141,474)
Cash, cash equivalents, and restricted cash at beginning of period 1,633,682 1,360,199 1,501,673
Cash, cash equivalents, and restricted cash at end of period 2,133,685 1,633,682 1,360,199
IAC/InterActiveCorp      
Cash flows from financing activities:      
Proceeds from issuance of debt 0 517,500 0
Repurchases of IAC debt (363) (393,464) (126,409)
Purchase of treasury stock (82,891) (56,424) (308,948)
Proceeds from the exercise of stock options 41,700 82,397 25,821
Withholding taxes paid on behalf of employees on net settled stock-based awards (18,982) (93,832) (26,716)
Match Group and ANGI Homeservices      
Cash flows from financing activities:      
Proceeds from the exercise of stock options 4,705 61,095 39,378
Withholding taxes paid on behalf of employees on net settled stock-based awards (237,564) (264,323) (29,830)
Match Group      
Cash flows from financing activities:      
Proceeds from issuance of debt 260,000 525,000 400,000
Principal payments on debt 0 (445,172) (450,000)
Purchase of treasury stock (133,455) 0 0
Proceeds from the exercise of stock options     39,378
Withholding taxes paid on behalf of employees on net settled stock-based awards     (29,830)
Purchase of Match Group stock-based awards 0 (272,459) 0
ANGI Homeservices      
Cash flows from financing activities:      
Principal payments on debt $ (13,750) 0 $ 0
Borrowing under ANGI Homeservices Term Loan   $ 275,000