XML 96 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Revenue (Note 4) $ 1,560 [1] $ 1,615 [1] $ 1,556
Costs and expenses:      
Cost of revenue [2],[3] 94 86 72
Selling and marketing [2],[3] 672 778 849
Technology and content [2],[3] 294 275 243
General and administrative [2],[3] 187 177 157
Depreciation 93 82 79
Amortization of intangible assets 33 34 32
Total costs and expenses 1,373 1,432 1,432
Operating income 187 183 124
Other income (expense):      
Interest expense (7) (12) (15)
Interest income 17 7 1
Other income (expense), net (Note 19) (3) (5)  
Total other income (expense), net 7 (10) (14)
Income before income taxes 194 173 110
Provision for income taxes (Note 11) (68) (60) (129) [4]
Net income (loss) $ 126 $ 113 $ (19)
Earnings (loss) per share attributable to common stockholders (Note 5):      
Basic $ 0.91 $ 0.82 $ (0.14)
Diluted $ 0.89 $ 0.81 $ (0.14)
Weighted average common shares outstanding (Note 5):      
Basic 138,975 138,116 140,445
Diluted 140,658 140,375 140,445
[1] Our revenue is recognized primarily at a point in time for all reported segments
[2] Excludes amortization expense as follows:
[3] Includes stock-based compensation expense as follows (Note 6):
[4] The year ended December 31, 2017 reflects $67 million of Transition Tax and $6 million of tax expense recorded due to the remeasurement of net deferred tax assets related to the 2017 Tax Act enacted on December 22, 2017. Refer to “Note 11: Income Taxes” for further information.