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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue (Note 3) [1] $ 459 $ 303 $ 1,138 $ 661
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization as shown separately below) 32 23 85 54
Selling and marketing 234 148 591 343
Technology and content 55 52 162 161
General and administrative 45 37 114 121
Depreciation and amortization 23 27 73 85
Total costs and expenses 389 287 1,025 764
Operating income (loss) 70 16 113 (103)
Other income (expense):        
Interest expense (11) (12) (33) (34)
Interest income 4 0 7 1
Other income (expense), net (1) (1) (4) (2)
Total other income (expense), net (8) (13) (30) (35)
Income (loss) before income taxes 62 3 83 (138)
(Provision) benefit for income taxes (Note 9) (37) (2) (61) 19
Net income (loss) [2] $ 25 $ 1 $ 22 $ (119)
Earnings (loss) per share attributable to common stockholders (Note 13):        
Basic $ 0.18 $ 0.01 $ 0.16 $ (0.87)
Diluted $ 0.17 $ 0.01 $ 0.15 $ (0.87)
Weighted average common shares outstanding (Note 13):        
Basic 140,219 137,789 139,668 136,870
Diluted 145,748 144,485 143,993 136,870
[1] Our revenue is recognized primarily at a point in time for all reportable segments.
[2] Interest expense, net of taxes, related to the 2026 Senior Notes which was included in the Diluted EPS calculation for the three months ended September 30, 2022 and 2021, and for the nine months ended September 30, 2022, respectively, was not material.