SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenue

The following table presents disaggregated revenue:

	For the Years Ended December 31,
	2020		2019		2018
	(In thousands)
Direct Revenue:
North America	$	1,185,307	$	1,024,161	$	902,478
International	1,159,417		983,013		774,693
Total Direct Revenue	2,344,724		2,007,174		1,677,171
Indirect Revenue (principally advertising revenue)	46,545		44,084		52,679
Total Revenue	$	2,391,269	$	2,051,258	$	1,729,850
Direct Revenue
Tinder	$	1,355,400	$	1,152,045	$	805,316
Other brands	989,324		855,129		871,855
Total Direct Revenue	$	2,344,724	$	2,007,174	$	1,677,171

Schedule of Estimated Useful Lives

Asset Category	Estimated Useful Lives
Buildings and building improvements	10 to 39 years
Computer equipment and capitalized software	2 to 3 years
Furniture and other equipment	5 years
Leasehold improvements	6 to 10 years

Schedule of Impact of Adoption of New Accounting Pronouncement

The Company early adopted ASU No. 2020-06 as of January 1, 2021 on a fully retrospective basis. The impact of adopting ASU No. 2020-06 is as follows:

	Prior to the adoption of ASU No. 2020-06		After adoption of ASU No. 2020-06		Effect of adoption of ASU No. 2020-06
	(In thousands)
Statement of operations impacts for the year ended December 31, 2020
Interest expense	$	174,791	$	130,624	$	(44,167)
Income tax provision	$	32,874	$	43,273	$	10,399
Net earnings from continuing operations	$	553,911	$	587,679	$	33,768
Net earnings per share from continuing operations:
Basic	$	2.21	$	2.36	$	0.15
Diluted	$	2.00	$	2.09	$	0.09
Weighted average dilutive shares outstanding	242,464		256,020		13,556
Statement of operations impacts for the year ended December 31, 2019
Interest expense	$	140,570	$	111,008	$	(29,562)
Income tax provision	$	8,225	$	15,080	$	6,855
Net earnings from continuing operations	$	494,633	$	517,340	$	22,707
Net earnings per share from continuing operations:
Basic	$	2.15	$	2.28	$	0.13
Diluted	$	1.88	$	1.95	$	0.07
Weighted average dilutive shares outstanding	194,349		201,782		7,433
Statement of operations impacts for the year ended December 31, 2018
Interest expense	$	94,568	$	81,454	$	(13,114)
Income tax provision	$	11,307	$	14,472	$	3,165
Net earnings from continuing operations	$	451,104	$	461,053	$	9,949
Net earnings per share from continuing operations:
Basic	$	2.03	$	2.09	$	0.06
Diluted	$	1.73	$	1.74	$	0.01
Weighted average dilutive shares outstanding	197,110		203,774		6,664

	Prior to the adoption of ASU No. 2020-06		After adoption of ASU No. 2020-06		Effect of adoption of ASU No. 2020-06
	(In thousands)
Balance sheet impacts at December 31, 2020:
Non-current deferred tax asset	$	224,013	$	293,487	$	69,474
Long-term debt, net	$	3,534,706	$	3,840,930	$	306,224
Additional paid-in capital	$	7,394,646	$	7,089,007	$	(305,639)
Retained deficit	$	(8,491,126)	$	(8,422,237)	$	68,889
Balance sheet impacts at December 31, 2019:
Non-current deferred tax asset	$	192,496	$	272,368	$	79,872
Long-term debt, net	$	2,889,626	$	3,240,016	$	350,390
Additional paid-in capital	$	11,683,799	$	11,378,160	$	(305,639)
Retained deficit	$	1,689,925	$	1,725,046	$	35,121