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FINANCIAL STATEMENT DETAILS
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
FINANCIAL STATEMENT DETAILS
NOTE 9—FINANCIAL STATEMENT DETAILS
Cash and Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the balance sheet to the total amounts shown in the statement of cash flows:
September 30, 2025December 31, 2024September 30, 2024December 31, 2023
(In thousands)
Cash and cash equivalents$1,005,496 $1,381,736 $1,324,537 $933,401 
Restricted cash included in other current assets2,240 8,974 10,988 8,539 
Restricted cash included in other non-current assets7,732 — — — 
Cash and cash equivalents included in current assets of discontinued operations— 416,434 395,310 364,044 
Restricted cash included in non-current assets of discontinued operations— 111 260 257 
Total cash and cash equivalents and restricted cash as shown on the statement of cash flows$1,015,468 $1,807,255 $1,731,095 $1,306,241 
Restricted cash included in “Other non-current assets” in the balance sheet at September 30, 2025 and “Other current assets” at December 31, 2024, September 30, 2024 and December 31, 2023 primarily consists of cash held in escrow related to the funded People Inc. pension plan in the United Kingdom. Restricted cash included in “Other current assets” in the balance sheet at September 30, 2024 also includes cash received from Care.com’s payment solutions customers for payroll and related taxes, which were remitted subsequent to the period end. Restricted cash included in “Other current assets” for all periods presented also includes cash held related to insurance programs at Care.com.
Credit Losses
The following table presents the changes in the allowance for credit losses:
Nine Months Ended September 30,
20252024
(In thousands)
Balance at January 1$7,409 $7,695 
Current period provision for credit losses 3,359 2,297 
Write-offs charged against the allowance(4,307)(4,212)
Recoveries collected89 34 
Other— 159 
Balance at September 30$6,550 $5,973 
Accumulated Depreciation and Amortization
The following table provides the accumulated depreciation and amortization within the balance sheet:
Asset CategorySeptember 30, 2025December 31, 2024
 (In thousands)
Buildings, equipment, leasehold improvements and capitalized software$196,892 $178,092 
Intangible assets$671,465 $662,819 
Other (expense) income, net
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
 (In thousands)
Loss related to the allocation of a disputed gain on a real estate transaction(a)
$(32,600)$— $(32,600)$— 
Net (downward) upward adjustments to the carrying value of equity securities without readily determinable fair values and net gains (losses) on sales of investments and businesses (including unrealized losses on investments)(b)
— (11,673)(18,845)16,530 
Interest income11,421 17,270 37,155 51,120 
Unrealized increase in the estimated fair value of a warrant— — — 20,393 
Other2,741 4,787 6,368 2,785 
Other (expense) income, net$(18,438)$10,384 $(7,922)$90,828 
_____________________
(a)     See “Note 10—Contingencies ” for additional information on the loss related to the allocation of a disputed gain on a real estate transaction.
(b)     The nine months ended September 30, 2024 include a pre-tax gain of $29.2 million on the sale of assets of Mosaic Group, which was included within Emerging & Other, and was accounted for as a sale of a business.