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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 855,532 $ 862,440
Short-term investments 5,323 6,200
Accounts receivable, net of allowance of $441 and $603, respectively 340,087 298,648
Other current assets 121,759 104,023
Total current assets 1,322,701 1,271,311
Property and equipment, net of accumulated depreciation and amortization of $295,794 and $249,223, respectively 172,112 194,525
Goodwill 2,319,732 2,342,612
Intangible assets, net of accumulated amortization of $132,338 and $121,489, respectively 241,226 305,746
Deferred income taxes 242,610 259,803
Other non-current assets 127,456 133,889
TOTAL ASSETS 4,425,837 4,507,886
LIABILITIES    
Accounts payable 27,351 13,187
Deferred revenue 181,411 211,282
Accrued expenses and other current liabilities 321,526 307,299
Total current liabilities 530,288 531,768
Long-term debt, net 3,847,272 3,842,242
Income taxes payable 30,744 24,860
Deferred income taxes 13,405 26,302
Other long-term liabilities 92,632 101,787
Commitments and contingencies
SHAREHOLDERS’ EQUITY    
Common stock; $0.001 par value; authorized 1,600,000,000 shares; 293,796,353 and 289,631,352 shares issued; and 253,956,092 and 268,890,470 outstanding at September 30, 2024 and December 31, 2023, respectively 294 290
Additional paid-in capital 8,729,833 8,529,200
Retained deficit (6,738,049) (7,131,029)
Accumulated other comprehensive loss (407,534) (385,471)
Treasury stock; 39,840,261 and 20,740,882 shares, respectively (1,673,070) (1,032,538)
Total Match Group, Inc. shareholders’ equity (88,526) (19,548)
Noncontrolling interests 22 475
Total shareholders’ equity (88,504) (19,073)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 4,425,837 $ 4,507,886