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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net are as follows:
 
December 31,
 
2017
 
2016
 
(In thousands)
Goodwill
$
770,226

 
$
170,990

Intangible assets with indefinite lives
153,447

 
4,884

Intangible assets with definite lives, net of accumulated amortization
175,124

 
5,908

Total goodwill and intangible assets, net
$
1,098,797

 
$
181,782

Schedule of Goodwill by Reporting Unit
The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2017:
 
Balance at
December 31,
2016
 
Additions
 
Deductions
 
Foreign
exchange
translation
 
Balance at December 31,
2017
 
(In thousands)
North America
$
140,930

 
$
555,045

 
$

 
$
316

 
$
696,291

Europe
30,060

 
37,257

 

 
6,618

 
73,935

Total goodwill
$
170,990

 
$
592,302

 
$

 
$
6,934

 
$
770,226

Additions relate to the acquisitions of Angie's List and HomeStars (included in the North America segment) and MyBuilder (included in the Europe segment).
The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2016:
 
Balance at
December 31,
2015
 
Additions
 
(Deductions)
 
Foreign
exchange
translation
 
Balance at
December 31,
2016
 
(In thousands)
North America
$
140,930

 
$

 
$

 
$

 
$
140,930

Europe
9,700

 
21,985

 

 
(1,625
)
 
30,060

Total goodwill
$
150,630

 
$
21,985

 
$

 
$
(1,625
)
 
$
170,990

Additions relate to the acquisition of MyHammer.
Schedule of Intangible Assets with Definite Lives
Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2017 and December 31, 2016, intangible assets with definite lives are as follows:
 
December 31, 2017
 
Gross
carrying
amount
 
Accumulated
amortization
 
Net
 
Weighted-average
useful life
(years)
 
(Dollars in thousands)
Contractor and service professional relationships
$
99,497

 
$
(11,452
)
 
$
88,045

 
3.0
Technology
78,690

 
(14,127
)
 
64,563

 
5.6
Memberships
15,900

 
(1,340
)
 
14,560

 
3.0
Customer lists and user base
12,788

 
(4,906
)
 
7,882

 
1.0
Trade names
4,538

 
(4,464
)
 
74

 
2.6
Total
$
211,413

 
$
(36,289
)
 
$
175,124

 
3.8
 
December 31, 2016
 
Gross
carrying
amount
 
Accumulated
amortization
 
Net
 
Weighted-average
useful life
(years)
 
(Dollars in thousands)
Contractor relationships
$
1,830

 
$
(495
)
 
$
1,335

 
4.0
Technology
11,377

 
(7,834
)
 
3,543

 
4.3
Customer lists and user base
4,136

 
(3,432
)
 
704

 
1.8
Trade names
5,260

 
(4,934
)
 
326

 
2.9
Total
$
22,603

 
$
(16,695
)
 
$
5,908

 
3.5
Schedule of Expected Amortization of Intangible Assets
At December 31, 2017, amortization of intangible assets with definite lives for each of the next five years and thereafter is estimated to be as follows:
Years ending December 31,
 
(In thousands)
2018
 
$
60,657

2019
 
47,731

2020
 
37,477

2021
 
10,650

2022
 
10,650

Thereafter
 
7,959

Total
 
$
175,124