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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue $ 667,612 $ 544,642
Operating costs and expenses:    
Cost of revenue (exclusive of depreciation shown separately below) 179,455 143,894
Selling and marketing expense 144,988 124,490
General and administrative expense 87,665 79,319
Product development expense 55,576 43,770
Depreciation 10,457 9,394
Amortization of intangibles 213 6,403
Total operating costs and expenses 478,354 407,270
Operating income 189,258 137,372
Interest expense (31,838) (31,894)
Other (expense) income, net (1,319) 3,854
Earnings from continuing operations, before tax 156,101 109,332
Income tax benefit 17,747 48,202
Net earnings from continuing operations 173,848 157,534
Loss from discontinued operations, net of tax 0 (331,967)
Net earnings (loss) 173,848 (174,433)
Net loss (earnings) attributable to noncontrolling interests 402 (28,397)
Net earnings (loss) attributable to Match Group, Inc. shareholders $ 174,250 $ (202,830)
Net earnings per share from continuing operations:    
Basic (USD per share) $ 0.65 $ 0.69
Diluted (USD per share) 0.57 0.61
Net earnings (loss) per share attributable to Match Group, Inc. shareholders:    
Basic (USD per share) 0.65 (1.11)
Diluted (USD per share) $ 0.57 $ (1.00)
Stock-based compensation expense by function:    
Stock-based compensation expense $ 30,116 $ 21,172
Cost of revenue    
Stock-based compensation expense by function:    
Stock-based compensation expense 989 1,167
Selling and marketing expense    
Stock-based compensation expense by function:    
Stock-based compensation expense 1,265 1,147
General and administrative expense    
Stock-based compensation expense by function:    
Stock-based compensation expense 18,480 10,881
Product development expense    
Stock-based compensation expense by function:    
Stock-based compensation expense $ 9,382 $ 7,977