XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 398,884 $ 465,676
Accounts receivable, net of allowance 199,682 116,459
Other current assets 139,593 97,850
Current assets of discontinued operations 0 3,028,079
Total current assets 738,159 3,708,064
Property and equipment, net of accumulated depreciation and amortization 106,006 101,065
Goodwill 1,252,715 1,239,839
Intangible assets, net of accumulated depreciation and amortization 226,126 228,324
Deferred income taxes 236,500 192,496
Other non-current assets 110,586 64,232
Non-current assets of discontinued operations 0 2,830,783
TOTAL ASSETS 2,670,092 8,364,803
LIABILITIES    
Accounts payable 16,347 20,191
Deferred revenue 240,954 218,843
Accrued expenses and other current liabilities 230,894 182,250
Current liabilities of discontinued operations 0 588,896
Total current liabilities 488,195 1,010,180
Long-term debt, net 3,521,092 2,889,626
Income taxes payable 13,147 30,295
Deferred income taxes 17,721 18,285
Other long-term liabilities 70,258 26,158
Non-current liabilities of discontinued operations 0 447,414
Redeemable noncontrolling interests 2,240 44,527
Commitments and contingencies
SHAREHOLDERS’ EQUITY    
Additional paid-in capital 7,296,618 11,683,799
Retained (deficit) earnings (8,631,705) 1,689,925
Accumulated other comprehensive loss (108,111) (136,349)
Treasury stock, value 0 (10,309,612)
Total Match Group, Inc. shareholders’ equity (1,442,934) 2,928,042
Noncontrolling interests 373 970,276
Total shareholders’ equity (1,442,561) 3,898,318
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 2,670,092 8,364,803
Common stock; $0.001 par value; authorized 1,600,000,000 shares; 263,759,289 and 0 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively    
SHAREHOLDERS’ EQUITY    
Common stock, value 264 0
Former IAC common stock; $0.001 par value; authorized 1,600,000,000 shares; 0 and 263,229,724 shares issued; and 0 and 78,889,779 shares outstanding at September 30, 2020 and December 31, 2019, respectively    
SHAREHOLDERS’ EQUITY    
Common stock, value 0 263
Former IAC Class B convertible common stock; $0.001 par value; authorized 400,000,000 shares; 0 and 16,157,499 shares issued; and 0 and 5,789,499 shares outstanding at September 30, 2020 and December 31, 2019, respectively    
SHAREHOLDERS’ EQUITY    
Common stock, value $ 0 $ 16