XML 92 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue (Note 3) [1] $ 428 $ 458 $ 1,225 $ 1,269
Costs and expenses:        
Cost of revenue [2] 25 23 73 67
Selling and marketing [3] 176 206 534 621
Technology and content [3] 76 72 224 207
General and administrative [3] 51 40 138 129
Depreciation 23 20 69 61
Amortization of intangible assets 9 8 23 24
Total costs and expenses 360 369 1,061 1,109
Operating income 68 89 164 160
Other income (expense):        
Interest expense (2) (4) (5) (10)
Interest income and other, net 7 2 14  
Total other income (expense), net 5 (2) 9 (10)
Income before income taxes 73 87 173 150
Provision for income taxes (23) (18) (63) (45)
Net income $ 50 $ 69 $ 110 $ 105
Earnings per share attributable to common stockholders (Note 4):        
Basic $ 0.36 $ 0.50 $ 0.79 $ 0.76
Diluted $ 0.36 $ 0.49 $ 0.78 $ 0.75
Weighted average common shares outstanding (Note 4):        
Basic 139,324 137,574 138,937 138,239
Diluted 140,381 140,513 140,818 140,151
[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