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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities attributable to continuing operations:    
Net earnings (loss) $ 173,848 $ (174,433)
Add back: loss from discontinued operations, net of tax 0 331,967
Net earnings from continuing operations 173,848 157,534
Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Stock-based compensation expense 30,116 21,172
Depreciation 10,457 9,394
Amortization of intangibles 213 6,403
Deferred income taxes (10,007) (46,295)
Other adjustments, net 4,601 (294)
Changes in assets and liabilities    
Accounts receivable (75,271) (52,583)
Other assets 19,626 10,714
Accounts payable and other liabilities (40,242) (18,280)
Income taxes payable and receivable (21,867) (49,351)
Deferred revenue 10,834 834
Net cash provided by operating activities attributable to continuing operations 102,308 39,248
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (10,290) (9,781)
Other, net (255) (117)
Net cash used in investing activities attributable to continuing operations (10,545) (9,898)
Cash flows from financing activities attributable to continuing operations:    
Proceeds from Senior Notes offerings 0 500,000
Debt issuance costs (730) (8,977)
Proceeds from issuance of common stock pursuant to stock-based awards 29,973 0
Withholding taxes paid on behalf of employees on net settled stock-based awards of Former Match Group and Match Group (10,548) (145,357)
Purchase of Former Match Group treasury stock 0 (81,686)
Other, net 0 1
Net cash provided by financing activities attributable to continuing operations 18,695 263,981
Total cash provided by continuing operations 110,458 293,331
Net cash provided by operating activities attributable to discontinued operations 0 41,727
Net cash used in investing activities attributable to discontinued operations 0 (576,108)
Net cash used in financing activities attributable to discontinued operations 0 (69,318)
Total cash used in discontinued operations 0 (603,699)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3,930) (5,996)
Net increase (decrease) in cash, cash equivalents, and restricted cash 106,528 (316,364)
Cash, cash equivalents, and restricted cash at beginning of period 739,302 3,140,358
Cash, cash equivalents, and restricted cash at end of period $ 845,830 $ 2,823,994