LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Supplemental Balance Sheet Information of Leases

The following table presents the balances of ROU assets and lease liabilities within the balance sheet:


		December 31,
Leases	Balance Sheet Classification	2024		2023
		(In thousands)
Assets:
ROU assets	Other non-current assets	$	30,418	$	45,971

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	$	12,824	$	17,797
Long-term lease liabilities	Other long-term liabilities	35,494		51,550
Total lease liabilities		$	48,318	$	69,347

Schedule of Lease Cost and Other Information

The following table presents the net lease expense within the statement of operations:


		Year Ended December 31,
Lease Expense	Statement of Operations Classification	2024		2023		2022
		(In thousands)
Fixed lease expense	Cost of revenue	$	410	$	392	$	437
Fixed lease expense	Selling and marketing expense	196		116		2,669
Fixed lease expense	General and administrative expense	13,184		11,225		11,122
Fixed lease expense	Product development expense	643		399		492
Total fixed lease expense(a)		14,433		12,132		14,720

Variable lease expense	Selling and marketing expense	—		36		200
Variable lease expense	General and administrative expense	3,691		5,071		4,444
Variable lease expense	Product development expense	—		156		23
Total variable lease expense		3,691		5,263		4,667
Net lease expense		$	18,124	$	17,395	$	19,387

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(a) Includes (i) lease impairment charges of $7.2 million, $0.7 million, and $1.7 million, and (ii) sublease income of $4.3 million, $4.3 million, and $4.7 million for the years ended December 31, 2024, 2023, and 2022, respectively.

The following is the supplemental cash flow information:


	Year Ended December 31,
	2024		2023		2022
	(In thousands)
ROU assets obtained in exchange for lease liabilities	$	1,241	$	6,696	$	2,911
Derecognition of ROU assets due to termination or modification	$	(415)	$	(5,266)	$	(772)
Cash paid for amounts included in the measurement of lease liabilities	$	23,143	$	25,806	$	22,484

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of December 31, 2024(b) are summarized below:


Year Ending December 31:	(In thousands)
2025	$	15,295
2026	14,814
2027	12,619
2028	6,407
2029	3,594
Thereafter	2,388
Total	55,117
Less: Interest	6,799
Present value of lease liabilities	$	48,318

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(b) At December 31, 2024 there were $1.3 million in legally binding minimum lease payments for leases signed but not yet commenced.

Schedule of Weighted-Average Lease Term and Discount Rate of Leases

The following are the weighted average assumptions used for lease term and discount rate:


	December 31,
	2024		2023
Remaining lease term	4.0 years		4.4 years
Discount rate	6.63	%	6.59	%