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CONSOLIDATED FINANCIAL STATEMENT DETAILS
 12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
CONSOLIDATED FINANCIAL STATEMENT DETAILS
NOTE 17—CONSOLIDATED FINANCIAL STATEMENT DETAILS
 December 31,
 20222021
 (In thousands)
Other current assets:
Prepaid expenses$45,089 $78,952 
Capitalized mobile app fees38,185 41,744 
Other26,053 81,872 
Other current assets$109,327 $202,568 
 December 31,
 20222021
 (In thousands)
Property and equipment, net:
Computer equipment and capitalized software$180,410 $171,335 
Buildings and building improvements67,139 61,841 
Leasehold improvements45,371 40,895 
Land11,565 11,565 
Furniture and other equipment20,861 19,593 
Projects in progress49,199 39,769 
374,545 344,998 
Accumulated depreciation and amortization(198,409)(181,742)
Property and equipment, net$176,136 $163,256 
 December 31,
 20222021
 (In thousands)
Accrued expenses and other current liabilities:
Accrued legal settlement$— $441,000 
Accrued employee compensation and benefits90,098 88,670 
Accrued advertising expense49,509 47,686 
Accrued non-income taxes38,017 32,725 
Accrued interest expense30,148 30,110 
Other82,165 128,175 
Accrued expenses and other current liabilities$289,937 $768,366 
 Years Ended December 31,
 202220212020
 (In thousands)
Other income (expense), net$8,033 $(465,038)$15,861 
Other income, net, in 2022 includes interest income of $4.4 million, gains of $3.5 million related to finalization of a legal settlement, and gains of $2.7 million related to mark-to-market adjustments pertaining to liability classified equity instruments; partially offset by $2.0 million in net foreign currency losses.
Other expense, net, in 2021 includes a $441.0 million loss related to the former Tinder employee litigation settlement, a $14.6 million loss related to the changes in fair value of an embedded derivative arising from the repurchase of a portion of the 2022 Exchangeable Notes, a $5.2 million inducement expense arising from the
repurchased 2022 Exchangeable Notes, and $1.8 million in net foreign currency losses; partially offset by $2.4 million of gains on the net settlement of the note hedges and warrants.
Other income, net in 2020 includes a legal settlement of $35.0 million and interest income of $2.7 million, partially offset by a loss on redemption of bonds of $16.5 million, expense of $3.4 million related to a mark-to-market adjustment pertaining to a liability classified equity instrument, and $0.6 million in net foreign currency losses.
Cash and Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows:
December 31,
2022202120202019
(In thousands)
Cash and cash equivalents$572,395 $815,384 $739,164 $465,676 
Restricted cash included in other current assets
121 128 138 127 
Cash, cash equivalents, and restricted cash included in current assets of discontinued operations
— — — 2,674,146 
Restricted cash included in non-current assets of discontinued operations
— — — 409 
Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flow
$572,516 $815,512 $739,302 $3,140,358 
Supplemental Disclosures of Cash Flow Information
 Years Ended December 31,
 202220212020
 (In thousands)
Cash paid (received) during the year for:  
Interest$138,045 $117,528 $115,957 
Income tax payments
$60,026 $54,766 $41,024 
Income tax refunds$(13,658)$(13,840)$(30,048)
Noncash issuance of common stock for the acquisition of Hyperconnect$— $890,851 $—