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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue (Note 3) [1] $ 422 $ 433 $ 798 $ 811
Costs and expenses:        
Cost of revenue [2] 27 24 48 44
Selling and marketing [3] 180 217 357 416
Technology and content [3] 74 68 148 135
General and administrative [3] 45 46 88 88
Depreciation 23 21 46 41
Amortization of intangible assets 7 8 15 16
Total costs and expenses: 356 384 702 740
Operating income 66 49 96 71
Other income (expense):        
Interest expense (2) (3) (3) (6)
Interest income and other, net 4 (4) 8 (2)
Total other income (expense), net 2 (7) 5 (8)
Income before income taxes 68 42 101 63
Provision for income taxes (34) (10) (41) (27)
Net income $ 34 $ 32 $ 60 $ 36
Earnings per share attributable to common stockholders (Note 4):        
Basic $ 0.24 $ 0.23 $ 0.43 $ 0.26
Diluted $ 0.24 $ 0.23 $ 0.43 $ 0.26
Weighted average common shares outstanding (Note 4):        
Basic 139,070 137,831 138,744 138,572
Diluted 140,805 139,619 141,037 139,971
[1] Our revenue is recognized primarily at a point in time for all reported segments.
[2] Excludes amortization as follows:
[3] Includes stock-based compensation expense as follows