QUARTERLY RESULTS (UNAUDITED)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS (UNAUDITED)

NOTE 18—QUARTERLY RESULTS (UNAUDITED)

	Quarter Ended March 31		Quarter Ended June 30		Quarter Ended September 30		Quarter Ended December 31
	(In thousands, except per share data)
Year Ended December 31, 2020
Revenue	$	544,642	$	555,450	$	639,770	$	651,407
Cost of revenue	143,894		148,853		169,823		173,263
Operating income	137,372		195,594		200,167		212,582
Earnings from continuing operations	157,534		141,397		140,113		148,635
(Loss) earnings from discontinued operations	(331,967)		(34,611)		508		—
Net (loss) earnings attributable to Match Group, Inc. shareholders	(202,830)		74,917		141,207		149,035
Per share information from continuing operations attributable to the Match Group, Inc. shareholders:
Basic (a)	$	0.69	$	0.61	$	0.54	$	0.56
Diluted (a)	$	0.61	$	0.54	$	0.47	$	0.50
Per share information attributable to the Match Group, Inc. shareholders:
Basic (a)	$	(1.11)	$	0.41	$	0.54	$	0.56
Diluted (a)	$	(1.00)	$	0.36	$	0.47	$	0.50
Year Ended December 31, 2019
Revenue	$	464,625	$	497,973	$	541,493	$	547,167
Cost of revenue	120,224		126,665		138,225		142,070
Operating income	117,560		171,309		175,236		181,349
Earnings from continuing operations	120,275		123,876		145,039		128,150
(Loss) earnings from discontinued operations	(4,697)		27,565		21,981		4,338
Net earnings attributable to Match Group, Inc. shareholders	91,288		118,117		135,792		108,641
Per share information from continuing operations attributable to the Match Group, Inc. shareholders:
Basic (a)	$	0.53	$	0.54	$	0.64	$	0.56
Diluted (a)	$	0.45	$	0.47	$	0.55	$	0.48
Per share information attributable to the Match Group, Inc. shareholders:
Basic (a)	$	0.50	$	0.65	$	0.75	$	0.59
Diluted (a)	$	0.43	$	0.56	$	0.64	$	0.51

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(a)Quarterly per share amounts may not add to the related annual per share amount because of differences in the average common shares outstanding during each period.