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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue The following table presents disaggregated revenue:
 For the Years Ended December 31,
 202120202019
 (In thousands)
Direct Revenue:
Americas$1,512,057 $1,247,961 $1,090,158 
Europe821,827 680,128 584,412 
APAC and Other588,987 416,635 332,604 
Total Direct Revenue2,922,871 2,344,724 2,007,174 
Indirect Revenue (principally advertising revenue)
60,406 46,545 44,084 
Total Revenue$2,983,277 $2,391,269 $2,051,258 
Direct Revenue
Tinder$1,649,757 $1,355,400 $1,152,045 
Other brands1,273,114 989,324 855,129 
Total Direct Revenue$2,922,871 $2,344,724 $2,007,174 
Schedule of Estimated Useful Lives
Asset CategoryEstimated
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
Accounting Standards Update and Change in Accounting Principle
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:
Year Ended December 31, 2020Year Ended December 31, 2019
Prior to the adoption of ASU No. 2020-06After adoption of ASU No. 2020-06Effect of adoption of ASU No. 2020-06Prior to the adoption of ASU No. 2020-06After adoption of ASU No. 2020-06Effect of adoption of ASU No. 2020-06
(In thousands, except per share data)
Statement of operations impacts
Interest expense$174,791 $130,624 $(44,167)$140,570 $111,008 $(29,562)
Income tax provision$32,874 $43,273 $10,399 $8,225 $15,080 $6,855 
Net earnings from continuing operations$553,911 $587,679 $33,768 $494,633 $517,340 $22,707 
Net earnings per share from continuing operations:
Basic$2.21 $2.36 $0.15 $2.15 $2.28 $0.13 
Diluted$2.00 $2.09 $0.09 $1.88 $1.95 $0.07 
Weighted average dilutive shares outstanding
242,464 256,020 13,556 194,349 201,782 7,433 
Prior to the adoption of ASU No. 2020-06After adoption of ASU No. 2020-06Effect 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