XML 43 R26.htm IDEA: XBRL DOCUMENT
v3.22.0.1

CONSOLIDATED FINANCIAL STATEMENT DETAILS | 12 Months Ended
--- | ---
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
CONSOLIDATED FINANCIAL STATEMENT DETAILS | NOTE 17—CONSOLIDATED FINANCIAL STATEMENT DETAILS
| December 31,
| 2021 |  | 2020
| (In thousands)
Other current assets: |  |  |
Prepaid expenses | $ | 78,952 |  |  | $ | 71,793 |
Capitalized mobile app fees | 41,744 |  |  | 33,539 |
Other | 81,872 |  |  | 38,693 |
Other current assets | $ | 202,568 |  |  | $ | 144,025 |
| December 31,
| 2021 |  | 2020
| (In thousands)
Property and equipment, net: |  |  |
Computer equipment and capitalized software | $ | 171,335 |  |  | $ | 167,863 |
Buildings and building improvements | 61,841 |  |  | 45,476 |
Leasehold improvements | 40,895 |  |  | 28,711 |
Land | 11,565 |  |  | 11,565 |
Furniture and other equipment | 19,593 |  |  | 9,031 |
Projects in progress | 39,769 |  |  | 14,474 |
| 344,998 |  |  | 277,120 |
Accumulated depreciation and amortization | (181,742) |  |  | (169,321) |
Property and equipment, net | $ | 163,256 |  |  | $ | 107,799 |
| December 31,
| 2021 |  | 2020
| (In thousands)
Accrued expenses and other current liabilities: |  |  |
Accrued legal settlement | $ | 441,000 |  |  | $ | — |
Accrued employee compensation and benefits | 88,670 |  |  | 65,239 |
Accrued advertising expense | 47,686 |  |  | 57,140 |
Accrued non-income taxes | 32,725 |  |  | 29,600 |
Accrued interest expense | 30,110 |  |  | 26,922 |
Other | 128,175 |  |  | 52,847 |
Accrued expenses and other current liabilities | $ | 768,366 |  |  | $ | 231,748 |
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| (In thousands)
Other (expense) income, net | $ | (465,038) |  |  | $ | 15,861 |  |  | $ | (2,026) |
Other expense, net, in 2021 includes a $441.0 million loss related to the former Tinder employee litigation settlement, a $14.6 million loss related to the changes in fair value of an embedded derivative arising from the repurchase of a portion of the 2022 Exchangeable Notes, a $5.2 million inducement expense arising from the repurchased 2022 Exchangeable Notes, and $1.8 million in net foreign currency losses, partially offset by $2.4 million of gains on the net settlement of the note hedges and warrants. Other income, net in 2020 includes a legal settlement of $35.0 million and interest income of $2.7 million, partially offset by a loss on redemption of bonds of $16.5 million, expense of $3.4 million related to a mark-to-market adjustment pertaining to a liability classified equity instrument, and $0.6 million in net foreign currency losses. Other expense, net, in 2019 includes a $4.0 million impairment of an equity investment, expense of $1.7 million related to a mark-to-market adjustment pertaining to a liability classified equity instrument, and $0.9 million in net foreign currency losses, partially offset by interest income of $4.4 million. Cash and Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows:
| December 31,
| 2021 |  | 2020 |  | 2019 |  | 2018
| (In thousands)
Cash and cash equivalents | $ | 815,384 |  |  | $ | 739,164 |  |  | $ | 465,676 |  |  | $ | 186,947 |
Restricted cash included in other current assets | 128 |  |  | 138 |  |  | 127 |  |  | 193 |
Cash, cash equivalents, and restricted cash included in current assets of discontinued operations | — |  |  | — |  |  | 2,674,146 |  |  | 1,946,125 |
Restricted cash included in non-current assets of discontinued operations | — |  |  | — |  |  | 409 |  |  | 420 |
Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flow | $ | 815,512 |  |  | $ | 739,302 |  |  | $ | 3,140,358 |  |  | $ | 2,133,685 |
Supplemental Disclosures of Cash Flow Information
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| (In thousands)
Cash paid (received) during the year for: |  |  |  |  |
Interest | $ | 117,528 |  |  | $ | 115,957 |  |  | $ | 85,559 |
Income tax payments | $ | 54,766 |  |  | $ | 41,024 |  |  | $ | 34,583 |
Income tax refunds | $ | (13,840) |  |  | $ | (30,048) |  |  | $ | (2,589) |
Noncash issuance of common stock for the acquisition of Hyperconnect | $ | 890,851 |  |  | $ | — |  |  | $ | — |

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration