Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

Carrying amounts of major classes of assets and liabilities included as part of discontinued operations related to the GoTo Business:

	December 31, 2016
	(in thousands)
Assets
Current assets:
Cash	$	120,861
Accounts receivable, net	44,734
Prepaid expenses and other current assets	14,094
Total current assets of discontinued operations	179,689
Property and equipment, net	81,866
Goodwill	380,917
Other intangible assets, net	54,312
Deferred tax assets, net	18,496
Other assets	3,340
Long-term assets of discontinued operations	$	538,931
Total major classes of assets of discontinued operations	$	718,620
Liabilities
Current liabilities:
Accounts payable	$	11,333
Accrued expenses and other current liabilities	46,088
Current portion of deferred revenues	115,249
Total current liabilities of discontinued operations	172,670
Long-term portion of deferred revenues	4,224
Other liabilities	3,484
Long-term liabilities of discontinued operations	$	7,708
Total major classes of liabilities of discontinued operations	$	180,378

Major classes of line items constituting (Loss) Income from discontinued operations related to the GoTo Business:

	Year Ended December 31,
	2017			2016		2015
	(in thousands)
Net revenues	$	58,215		$	682,185	$	629,440
Cost of net revenues	15,456			154,652		140,324
Gross margin	42,759			527,533		489,116
Operating expenses:
Research and development	9,108			93,892		83,018
Sales, marketing and services	20,881			209,475		189,560
General and administrative	7,636			63,270		50,068
Amortization of other intangible assets	1,176			14,097		11,254
Restructuring	3,189			3,721		1,750
Separation	40,573			54,084		6,173
Total operating expenses	82,563			438,539		341,823
(Loss) income from discontinued operations before income taxes	(39,804		)	88,994		147,293
Income tax expense	2,900			22,737		43,065
(Loss) income from discontinued operations, net of income tax	$	(42,704	)	$	66,257	$	104,228