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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities attributable to continuing operations:      
Net earnings from continuing operations $ 587,679 $ 517,340 $ 461,053
Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities attributable to continuing operations:      
Stock-based compensation expense 102,268 89,724 66,031
Depreciation 41,271 34,355 34,827
Amortization of intangibles 7,525 8,727 1,318
Deferred income taxes 15,384 (12,753) (19,840)
Other adjustments, net 27,281 13,561 4,052
Changes in assets and liabilities      
Accounts receivable (24,213) (17,861) 17,272
Other assets (33,224) (24,162) (14,600)
Accounts payable and other liabilities 24,155 33,741 21,386
Income taxes payable and receivable 16,913 (4,161) 26,898
Deferred revenue 23,513 9,478 13,058
Net cash provided by operating activities attributable to continuing operations 788,552 647,989 611,455
Cash flows from investing activities attributable to continuing operations:      
Net cash (used) acquired in business combinations 0 (3,759) 1,136
Capital expenditures (42,376) (39,035) (31,397)
Purchases of investments (9,115) 0 (3,800)
Net cash distribution related to Separation of IAC (3,870,550) 0 0
Other, net (90) 1,064 (4,143)
Net cash used in investing activities attributable to continuing operations (3,922,131) (41,730) (38,204)
Cash flows from financing activities attributable to continuing operations:      
Borrowings under the Credit Facility 20,000 40,000 260,000
Principal payment on Senior Notes (400,000) 0 0
Principal payments on Credit Facility (20,000) (300,000) 0
Purchase of exchangeable note hedges 0 (303,428) 0
Proceeds from issuance of warrants 0 166,520 0
Debt issuance costs (13,517) (27,815) (1,740)
Purchase of Former Match Group treasury stock (132,868) (216,353) (133,455)
Dividends 0 0 (105,126)
Proceeds from stock offering 1,421,801 0 0
Proceeds from issuance of common stock pursuant to stock-based awards 155,402 0 12
Withholding taxes paid on behalf of employees on net settled stock-based awards (211,958) (203,177) (207,720)
Purchase of noncontrolling interests (15,827) (1,650) (9,980)
Other, net (15,187) (73) (759)
Net cash provided by (used in) financing activities attributable to continuing operations 1,787,846 654,024 (198,768)
Total cash (used in) provided by continuing operations (1,345,733) 1,260,283 374,483
Net cash provided by operating activities attributable to discontinued operations 13,630 289,949 376,672
Net cash used in investing activities attributable to discontinued operations (963,420) (287,798) (135,235)
Net cash used in financing activities attributable to discontinued operations (110,959) (254,193) (114,030)
Total cash (used in) provided by discontinued operations (1,060,749) (252,042) 127,407
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 5,426 (1,568) (1,887)
Net (decrease) increase in cash, cash equivalents, and restricted cash (2,401,056) 1,006,673 500,003
Cash, cash equivalents, and restricted cash at beginning of period 3,140,358 2,133,685 1,633,682
Cash, cash equivalents, and restricted cash at end of period 739,302 3,140,358 2,133,685
Senior Notes      
Cash flows from financing activities attributable to continuing operations:      
Proceeds from Senior Notes offerings 1,000,000 350,000 0
Exchangeable Senior Notes      
Cash flows from financing activities attributable to continuing operations:      
Proceeds from Senior Notes offerings $ 0 $ 1,150,000 $ 0