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SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION (Tables)

3 Months Ended

Mar. 31, 2021

Supplemental Consolidated Balance Sheet & Statement of Operations Information [Abstract]

The following table summarizes other income (expense), net for the three months ended March 31, 2021 and 2020 (in thousands):


	Three Months Ended March 31,
	2021		2020
Interest income	$	1,155	$	2,556
Interest expense	(5,116)		(6,958)
Foreign currency gains (losses), net (1)	22,084		(6,496)
Impairment and other changes in fair value of investments	—		(8,089)
Other income (expense), net	$	18,123	$	(18,987)

(1)Foreign currency gains (losses), net for the three months ended March 31, 2021 includes a $32.2 million cumulative foreign currency translation adjustment gain that was reclassified into earnings as a result of the substantial liquidation of our subsidiary in Japan as part of our restructuring actions. Refer to Note 9, Restructuring and Related Charges, for additional information.

Schedule of Prepaid and Other Current Assets

The following table summarizes prepaid expenses and other current assets as of March 31, 2021 and December 31, 2020 (in thousands):


	March 31, 2021		December 31, 2020
Prepaid expenses	$	20,588	$	18,038
Income taxes receivable	5,282		5,437
Other	15,391		16,966
Total prepaid expenses and other current assets	$	41,261	$	40,441

Schedule of Other Non-Current Assets

The following table summarizes other non-current assets as of March 31, 2021 and December 31, 2020 (in thousands):


	March 31, 2021		December 31, 2020
Deferred income tax	$	11,438	$	11,593
Debt issue costs, net	1,489		1,852
Deferred contract acquisition costs	5,957		5,315
Deferred cloud implementation costs	10,494		10,402
Other	4,936		5,165
Total other non-current assets	$	34,314	$	34,327

Schedule of Accrued Merchant and Supplier Payables

The following table summarizes accrued merchant and supplier payables as of March 31, 2021 and December 31, 2020 (in thousands):


	March 31, 2021		December 31, 2020
Accrued merchant payables	$	280,298	$	303,260
Accrued supplier payables (1)	48,702		107,703
Total accrued merchant and supplier payables	$	329,000	$	410,963

(1)Amounts include payables to suppliers of inventories and providers of shipping and fulfillment services.

Schedule of Accrued Expenses and Other Current Liabilities

The following table summarizes accrued expenses and other current liabilities as of March 31, 2021 and December 31, 2020 (in thousands):


	March 31, 2021		December 31, 2020
Refund reserve	$	35,740	$	33,173
Compensation and benefits	60,685		54,958
Accrued marketing	14,589		15,299
Restructuring-related liabilities	17,620		13,746
Customer credits	62,824		61,006
Income taxes payable	6,975		7,862
Deferred revenue	8,857		11,223
Deferred payroll taxes (1)	2,922		2,922
Operating and finance lease obligations	36,652		37,755
Deferred cloud computing contract incentive	3,000		3,000
Other	49,418		54,055
Total accrued expenses and other current liabilities	$	299,282	$	294,999

(1)We have elected to defer certain payroll taxes under the Coronavirus Aid, Relief and Economic Security ("CARES") Act. These amounts are due by December 31, 2021.

Schedule of Other Non-current Liabilities

The following table summarizes other non-current liabilities as of March 31, 2021 and December 31, 2020 (in thousands):


	March 31, 2021		December 31, 2020
Contingent income tax liabilities	$	27,105	$	25,593
Finance lease obligations	468		730
Restructuring-related liabilities	385		385
Deferred income taxes	3,474		3,170
Deferred payroll taxes (1)	2,922		2,922
Deferred cloud computing contract incentive	3,500		4,250
Other	6,149		7,378
Total other non-current liabilities	$	44,003	$	44,428

(1)We have elected to defer certain payroll taxes under the Coronavirus Aid, Relief, and Economic Security ("CARES") Act. These amounts are due by December 31, 2022.