XML 76 R62.htm IDEA: XBRL DOCUMENT v3.19.2
GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION - Statement of Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash (used in) provided by operating activities     $ 355,808 $ 379,802
Cash flows from investing activities:        
Acquisitions, net of cash acquired     (201,026) (17,513)
Capital expenditures     (76,623) (39,696)
Proceeds from maturities of marketable debt securities $ 40,000 $ 5,000 163,500 10,000
Purchases of marketable debt securities     (39,740) (124,397)
Net proceeds from the sale of businesses and investments     23,373 27,540
Purchases of investments     0 (31,180)
Other, net     (2,156) 9,599
Net cash used in investing activities     (132,672) (165,647)
Cash flows from financing activities:        
Purchase of exchangeable note hedges     (303,428) 0
Proceeds from issuance of warrants     166,520 0
Debt issuance costs     (26,361) (532)
Purchase of noncontrolling interests     (6,121) (877)
Distribution to IAC pursuant to the ANGI tax sharing agreement     0  
Intercompany     0 0
Other, net     (3,719) (4,829)
Net cash used in financing activities     796,771 (202,705)
Total cash provided     1,019,907 11,450
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     361 44
Net increase in cash, cash equivalents, and restricted cash     1,020,268 11,494
Cash, cash equivalents, and restricted cash at beginning of period     2,133,685 1,633,682
Cash, cash equivalents, and restricted cash at end of period 3,153,953 1,645,176 3,153,953 1,645,176
Reportable Legal Entities | IAC        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash (used in) provided by operating activities     (54,883) (24,698)
Cash flows from investing activities:        
Acquisitions, net of cash acquired     0 (4,142)
Capital expenditures     (1,408) (2,200)
Proceeds from maturities of marketable debt securities     138,500 10,000
Purchases of marketable debt securities     (39,740) (124,397)
Net proceeds from the sale of businesses and investments     170 408
Purchases of investments       (18,180)
Other, net     0 (5,000)
Net cash used in investing activities     97,522 (143,511)
Cash flows from financing activities:        
Purchase of noncontrolling interests     (3,182) 0
Distribution to IAC pursuant to the ANGI tax sharing agreement     11,355  
Intercompany     921,515 375,167
Other, net       2,311
Net cash used in financing activities     1,073,186 396,431
Total cash provided     1,115,825 228,222
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     (2) 11
Net increase in cash, cash equivalents, and restricted cash     1,115,823 228,233
Cash, cash equivalents, and restricted cash at beginning of period     1,018,082 585,639
Cash, cash equivalents, and restricted cash at end of period 2,133,905 813,872 2,133,905 813,872
Reportable Legal Entities | Guarantor Subsidiaries        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash (used in) provided by operating activities     92,299 418,153
Cash flows from investing activities:        
Acquisitions, net of cash acquired     (7,215) 0
Capital expenditures     (14,104) (847)
Proceeds from maturities of marketable debt securities     0 0
Purchases of marketable debt securities     0 0
Net proceeds from the sale of businesses and investments     39 0
Purchases of investments       0
Other, net     (3,270) 3,884
Net cash used in investing activities     (24,550) 3,037
Cash flows from financing activities:        
Purchase of noncontrolling interests     0 0
Distribution to IAC pursuant to the ANGI tax sharing agreement     0  
Intercompany     (67,749) (421,190)
Net cash used in financing activities     (67,749) (421,190)
Net increase in cash, cash equivalents, and restricted cash     0 0
Cash, cash equivalents, and restricted cash at end of period 0 0 0 0
Reportable Legal Entities | Non-Guarantor Subsidiaries        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash (used in) provided by operating activities     341,838 314,884
Cash flows from investing activities:        
Acquisitions, net of cash acquired     (193,811) (13,371)
Capital expenditures     (61,111) (36,649)
Proceeds from maturities of marketable debt securities     25,000 0
Purchases of marketable debt securities     0 0
Net proceeds from the sale of businesses and investments     23,164 27,132
Purchases of investments       (13,000)
Other, net     1,114 10,715
Net cash used in investing activities     (205,644) (25,173)
Cash flows from financing activities:        
Debt issuance costs     (26,361) (532)
Purchase of noncontrolling interests     (2,939) (877)
Distribution to IAC pursuant to the ANGI tax sharing agreement     (11,355)  
Intercompany     (877,212) (282,514)
Other, net     (3,719) (7,140)
Net cash used in financing activities     (232,112) (506,483)
Total cash provided     (95,918) (216,772)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     363 33
Net increase in cash, cash equivalents, and restricted cash     (95,555) (216,739)
Cash, cash equivalents, and restricted cash at beginning of period     1,115,603 1,048,043
Cash, cash equivalents, and restricted cash at end of period 1,020,048 831,304 1,020,048 831,304
Eliminations        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash (used in) provided by operating activities     (23,446) (328,537)
Cash flows from investing activities:        
Acquisitions, net of cash acquired     0 0
Capital expenditures     0 0
Proceeds from maturities of marketable debt securities     0 0
Purchases of marketable debt securities     0 0
Net proceeds from the sale of businesses and investments     0 0
Purchases of investments       0
Other, net     0 0
Net cash used in investing activities     0 0
Cash flows from financing activities:        
Purchase of noncontrolling interests     0 0
Distribution to IAC pursuant to the ANGI tax sharing agreement     0  
Intercompany     23,446 328,537
Net cash used in financing activities     23,446 328,537
Net increase in cash, cash equivalents, and restricted cash     0 0
Cash, cash equivalents, and restricted cash at end of period $ 0 $ 0 0 0
IAC/InterActiveCorp        
Cash flows from financing activities:        
Proceeds from issuance of debt     1,150,000 0
Purchase of Match Group treasury stock       (7,869)
Proceeds from the exercise of stock options     9,767 27,317
Withholding taxes paid on behalf of employees on net settled stock-based awards     (32,789) (495)
IAC/InterActiveCorp | Reportable Legal Entities | IAC        
Cash flows from financing activities:        
Proceeds from issuance of debt     0  
Purchase of Match Group treasury stock       (7,869)
Proceeds from the exercise of stock options     9,767 27,317
Withholding taxes paid on behalf of employees on net settled stock-based awards     (32,789) (495)
IAC/InterActiveCorp | Reportable Legal Entities | Guarantor Subsidiaries        
Cash flows from financing activities:        
Proceeds from issuance of debt     0  
Purchase of Match Group treasury stock      
Proceeds from the exercise of stock options     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     0 0
IAC/InterActiveCorp | Reportable Legal Entities | Non-Guarantor Subsidiaries        
Cash flows from financing activities:        
Proceeds from issuance of debt     1,150,000  
Purchase of Match Group treasury stock      
Proceeds from the exercise of stock options     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     0 0
IAC/InterActiveCorp | Eliminations        
Cash flows from financing activities:        
Proceeds from issuance of debt     0  
Purchase of Match Group treasury stock      
Proceeds from the exercise of stock options     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     0 0
Match Group and ANGI Homeservices        
Cash flows from financing activities:        
Proceeds from the exercise of stock options     573 2,125
Withholding taxes paid on behalf of employees on net settled stock-based awards     (164,710) (136,727)
Match Group and ANGI Homeservices | Reportable Legal Entities | IAC        
Cash flows from financing activities:        
Proceeds from the exercise of stock options     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     0 0
Match Group and ANGI Homeservices | Reportable Legal Entities | Guarantor Subsidiaries        
Cash flows from financing activities:        
Proceeds from the exercise of stock options     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     0 0
Match Group and ANGI Homeservices | Reportable Legal Entities | Non-Guarantor Subsidiaries        
Cash flows from financing activities:        
Proceeds from the exercise of stock options     573 2,125
Withholding taxes paid on behalf of employees on net settled stock-based awards     (164,710) (136,727)
Match Group and ANGI Homeservices | Eliminations        
Cash flows from financing activities:        
Proceeds from the exercise of stock options     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     0 0
Match Group        
Cash flows from financing activities:        
Proceeds from issuance of debt     40,000 0
Purchase of exchangeable note hedges     (303,428)  
Proceeds from issuance of warrants     166,520  
Proceeds from Match Group 2019 Senior Notes offering     350,000 0
Principal payments on debt     (300,000) 0
Purchase of Match Group treasury stock     (76,086) (73,943)
Match Group | Reportable Legal Entities | IAC        
Cash flows from financing activities:        
Proceeds from issuance of debt     0  
Purchase of exchangeable note hedges     0  
Proceeds from issuance of warrants     166,520  
Proceeds from Match Group 2019 Senior Notes offering     0  
Principal payments on debt     0  
Match Group | Reportable Legal Entities | Guarantor Subsidiaries        
Cash flows from financing activities:        
Proceeds from issuance of debt     0  
Purchase of exchangeable note hedges     0  
Proceeds from issuance of warrants     0  
Proceeds from Match Group 2019 Senior Notes offering     0  
Principal payments on debt     0  
Match Group | Reportable Legal Entities | Non-Guarantor Subsidiaries        
Cash flows from financing activities:        
Proceeds from issuance of debt     40,000  
Purchase of exchangeable note hedges     (303,428)  
Proceeds from issuance of warrants     0  
Proceeds from Match Group 2019 Senior Notes offering     350,000  
Principal payments on debt     (300,000)  
Purchase of Match Group treasury stock     (76,086) (73,943)
Match Group | Eliminations        
Cash flows from financing activities:        
Proceeds from issuance of debt     0  
Purchase of exchangeable note hedges     0  
Proceeds from issuance of warrants     0  
Proceeds from Match Group 2019 Senior Notes offering     0  
Principal payments on debt     0  
ANGI Homeservices        
Cash flows from financing activities:        
Principal payments on debt     (6,875) (6,875)
ANGI Homeservices | Reportable Legal Entities | IAC        
Cash flows from financing activities:        
Principal payments on debt     0 0
ANGI Homeservices | Reportable Legal Entities | Guarantor Subsidiaries        
Cash flows from financing activities:        
Principal payments on debt     0 0
ANGI Homeservices | Reportable Legal Entities | Non-Guarantor Subsidiaries        
Cash flows from financing activities:        
Principal payments on debt     (6,875) (6,875)
ANGI Homeservices | Eliminations        
Cash flows from financing activities:        
Principal payments on debt     $ 0 $ 0