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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue (Note 3) [1] $ 497 $ 494 $ 892 $ 865
Costs and expenses:        
Cost of revenue (1) (exclusive of depreciation and amortization as shown separately below) 46 41 81 70
Selling and marketing 263 270 484 488
Technology and content 75 71 151 139
General and administrative 56 47 112 96
Depreciation and amortization 21 21 42 42
Total costs and expenses 461 450 870 835
Operating income (loss) 36 44 22 30
Other income (expense):        
Interest expense (11) (11) (22) (22)
Interest income 13 12 25 22
Other income (expense), net 0 (1) (3) (1)
Total other income (expense), net 2 0 0 (1)
Income (loss) before income taxes 38 44 22 29
(Provision) benefit for income taxes (Note 8) (14) (20) (57) (78)
Net income (loss) [2] $ 24 $ 24 $ (35) $ (49)
Earnings (loss) per share attributable to common stockholders (Note 12):        
Basic $ 0.17 $ 0.17 $ (0.25) $ (0.35)
Diluted $ 0.17 $ 0.17 $ (0.25) $ (0.35)
Weighted average common shares outstanding (Note 12):        
Basic 139,234 139,881 138,836 140,666
Diluted 145,218 145,115 138,836 140,666
[1] Our revenue is recognized primarily at a point in time for all reportable segments.
[2] Interest expense, net of taxes, related to the 2026 Senior Notes which was included in the Diluted EPS calculation for both the three months ended June 30, 2024 and 2023 was not material