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CONSOLIDATED FINANCIAL STATEMENT DETAILS | 12 Months Ended
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Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
CONSOLIDATED FINANCIAL STATEMENT DETAILS | NOTE 17—CONSOLIDATED FINANCIAL STATEMENT DETAILS
| December 31,
| 2022 |  | 2021
| (In thousands)
Other current assets: |  |  |
Prepaid expenses | $ | 45,089 |  |  | $ | 78,952 |
Capitalized mobile app fees | 38,185 |  |  | 41,744 |
Other | 26,053 |  |  | 81,872 |
Other current assets | $ | 109,327 |  |  | $ | 202,568 |
| December 31,
| 2022 |  | 2021
| (In thousands)
Property and equipment, net: |  |  |
Computer equipment and capitalized software | $ | 180,410 |  |  | $ | 171,335 |
Buildings and building improvements | 67,139 |  |  | 61,841 |
Leasehold improvements | 45,371 |  |  | 40,895 |
Land | 11,565 |  |  | 11,565 |
Furniture and other equipment | 20,861 |  |  | 19,593 |
Projects in progress | 49,199 |  |  | 39,769 |
| 374,545 |  |  | 344,998 |
Accumulated depreciation and amortization | (198,409) |  |  | (181,742) |
Property and equipment, net | $ | 176,136 |  |  | $ | 163,256 |
| December 31,
| 2022 |  | 2021
| (In thousands)
Accrued expenses and other current liabilities: |  |  |
Accrued legal settlement | $ | — |  |  | $ | 441,000 |
Accrued employee compensation and benefits | 90,098 |  |  | 88,670 |
Accrued advertising expense | 49,509 |  |  | 47,686 |
Accrued non-income taxes | 38,017 |  |  | 32,725 |
Accrued interest expense | 30,148 |  |  | 30,110 |
Other | 82,165 |  |  | 128,175 |
Accrued expenses and other current liabilities | $ | 289,937 |  |  | $ | 768,366 |
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
| (In thousands)
Other income (expense), net | $ | 8,033 |  |  | $ | (465,038) |  |  | $ | 15,861 |
Other income, net, in 2022 includes interest income of $4.4 million, gains of $3.5 million related to finalization of a legal settlement, and gains of $2.7 million related to mark-to-market adjustments pertaining to liability classified equity instruments; partially offset by $2.0 million in net foreign currency losses. 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. 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,
| 2022 |  | 2021 |  | 2020 |  | 2019
| (In thousands)
Cash and cash equivalents | $ | 572,395 |  |  | $ | 815,384 |  |  | $ | 739,164 |  |  | $ | 465,676 |
Restricted cash included in other current assets | 121 |  |  | 128 |  |  | 138 |  |  | 127 |
Cash, cash equivalents, and restricted cash included in current assets of discontinued operations | — |  |  | — |  |  | — |  |  | 2,674,146 |
Restricted cash included in non-current assets of discontinued operations | — |  |  | — |  |  | — |  |  | 409 |
Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flow | $ | 572,516 |  |  | $ | 815,512 |  |  | $ | 739,302 |  |  | $ | 3,140,358 |
Supplemental Disclosures of Cash Flow Information
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
| (In thousands)
Cash paid (received) during the year for: |  |  |  |  |
Interest | $ | 138,045 |  |  | $ | 117,528 |  |  | $ | 115,957 |
Income tax payments | $ | 60,026 |  |  | $ | 54,766 |  |  | $ | 41,024 |
Income tax refunds | $ | (13,658) |  |  | $ | (13,840) |  |  | $ | (30,048) |
Noncash issuance of common stock for the acquisition of Hyperconnect | $ | — |  |  | $ | 890,851 |  |  | $ | — |

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