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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 1,326,988 $ 1,417,390
Marketable securities 115,559 239,373
Accounts receivable, net 521,666 607,809
Other current assets 234,194 296,563
Total current assets 2,198,407 2,561,135
Capitalized software, equipment, buildings, land and leasehold improvements, net 494,627 510,614
Goodwill 3,033,112 3,030,168
Intangible assets, net of accumulated amortization 1,061,868 1,170,041
Investment in MGM Resorts International 2,842,661 2,170,182
Long-term investments 431,777 325,721
Other non-current assets 486,638 625,774
TOTAL ASSETS 10,549,090 10,393,635
LIABILITIES:    
Current portion of long-term debt 30,000 30,000
Accounts payable, trade 127,667 133,105
Deferred revenue 160,827 157,124
Accrued expenses and other current liabilities 715,700 759,759
Total current liabilities 1,034,194 1,079,988
Long-term debt, net 2,006,456 2,019,759
Deferred income taxes 178,295 76,276
Other long-term liabilities 517,865 617,843
Redeemable noncontrolling interests 34,778 27,235
Commitments and contingencies
SHAREHOLDERS' EQUITY:    
Additional paid-in-capital 6,312,394 6,295,080
Retained earnings (accumulated deficit) 63,711 (265,019)
Accumulated other comprehensive loss (6,904) (13,133)
Treasury stock, 4,350 and 1,101 shares at June 30, 2023 and December 31, 2022, respectively (252,502) (85,323)
Total IAC shareholders' equity 6,116,708 5,931,614
Noncontrolling interests 660,794 640,920
Total shareholders' equity 6,777,502 6,572,534
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 10,549,090 10,393,635
Common Stock, $0.0001 par value; authorized 1,600,000 shares; 84,360 and 84,184 shares issued and 80,010 and 83,083 shares outstanding at June 30, 2023 and December 31, 2022, respectively    
SHAREHOLDERS' EQUITY:    
Common stock, value 8 8
Class B common stock, $0.0001 par value; authorized 400,000 shares; 5,789 shares issued and outstanding at June 30, 2023 and December 31, 2022    
SHAREHOLDERS' EQUITY:    
Common stock, value $ 1 $ 1