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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities attributable to continuing operations:      
Net earnings $ 359,919 $ 276,554 $ 221,609
Add back: loss (earnings) from discontinued operations, net of tax 2,211 (509) 366,070
Net earnings from continuing operations 362,130 276,045 587,679
Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities attributable to continuing operations:      
Stock-based compensation expense 203,880 146,816 102,268
Depreciation 43,594 41,402 41,271
Impairment and amortization of intangibles 366,257 28,559 7,525
Deferred income taxes (29,953) (57,969) 15,384
Other adjustments, net 6,998 27,690 27,281
Changes in assets and liabilities      
Accounts receivable (6,669) (34,021) (24,213)
Other assets 59,584 1,743 (33,224)
Accounts payable and other liabilities (472,610) 458,757 24,155
Income taxes payable and receivable (1,054) (2,854) 16,913
Deferred revenue (6,469) 26,331 23,513
Net cash provided by operating activities attributable to continuing operations 525,688 912,499 788,552
Cash flows from investing activities attributable to continuing operations:      
Cash used in business combinations, net of cash acquired (25,681) (859,905) 0
Capital expenditures (49,125) (79,971) (42,376)
Purchases of investments 0 0 (9,115)
Net cash distribution related to Separation of IAC 0 0 (3,870,550)
Other, net 3,104 51 (90)
Net cash used in investing activities attributable to continuing operations (71,702) (939,825) (3,922,131)
Cash flows from financing activities attributable to continuing operations:      
Borrowings under the Credit Facility 0 0 20,000
Proceeds from Senior Notes offerings 0 500,000 1,000,000
Principal payment on Senior Notes 0 0 (400,000)
Principal payments on Credit Facility 0 0 (20,000)
Payments to settle exchangeable notes (176,310) (630,658) 0
Proceeds from the settlement of exchangeable note hedges 75,864 1,089,592 0
Payments to settle warrants related to exchangeable notes (7,482) (882,187) 0
Debt issuance costs 0 (7,124) (13,517)
Purchase of Former Match Group treasury stock 0 0 (132,868)
Proceeds from stock offering 0 0 1,421,801
Proceeds from issuance of common stock pursuant to stock-based awards 20,485 58,424 155,402
Withholding taxes paid on behalf of employees on net settled stock-based awards (109,256) (15,726) (211,958)
Purchase of treasury stock (482,049) 0 0
Purchase of noncontrolling interests (10,554) (1,473) (15,827)
Other, net 129 258 (15,187)
Net cash (used in) provided by financing activities attributable to continuing operations (689,173) 111,106 1,787,846
Total cash (used in) provided by continuing operations (235,187) 83,780 (1,345,733)
Net cash provided by operating activities attributable to discontinued operations 0 0 13,630
Net cash used in investing activities attributable to discontinued operations 0 0 (963,420)
Net cash used in financing activities attributable to discontinued operations 0 0 (110,959)
Total cash used in discontinued operations 0 0 (1,060,749)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (7,809) (7,570) 5,426
Net (decrease) increase in cash, cash equivalents, and restricted cash (242,996) 76,210 (2,401,056)
Cash, cash equivalents, and restricted cash at beginning of period 815,512 739,302 3,140,358
Cash, cash equivalents, and restricted cash at end of period $ 572,516 $ 815,512 $ 739,302