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SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2021
Supplemental Consolidated Balance Sheet & Statement of Operations Information [Abstract]  
Schedule of Other Income (Expense)
The following table summarizes other income (expense), net for the three and nine months ended September 30, 2021 and 2020 (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2021202020212020
Interest income$1,336 $1,268 $3,818 $5,254 
Interest expense(3,534)(9,408)(14,123)(24,375)
Changes in fair value of investments (1)
91,288 — 95,533 (8,089)
Loss on extinguishment of debt— — (5,090)— 
Foreign currency gains (losses), net and other (2)
(6,557)7,273 17,591 5,661 
Other income (expense), net$82,533 $(867)$97,729 $(21,549)
(1)Includes an $89.1 million unrealized gain due to an upward adjustment for an observable price change of an other equity investment for the three and nine months ended September 30, 2021. Refer to Note 3, Investments, for additional information.
(2)Includes a $32.3 million cumulative foreign currency translation adjustment gain that was reclassified into earnings for the nine months ended September 30, 2021 as a result of the substantial liquidation of our subsidiary in Japan as part of our restructuring actions. See 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 September 30, 2021 and December 31, 2020 (in thousands):
September 30, 2021December 31, 2020
Prepaid expenses$20,404 $18,038 
Income taxes receivable8,060 5,437 
Deferred cloud implementation cost11,861 4,942 
Other10,102 12,024 
Total prepaid expenses and other current assets$50,427 $40,441 
Schedule of Other Non-Current Assets
The following table summarizes other non-current assets as of September 30, 2021 and December 31, 2020 (in thousands):
September 30, 2021December 31, 2020
Deferred income tax$11,283 $11,593 
Debt issue costs, net808 1,852 
Deferred contract acquisition costs6,979 5,315 
Deferred cloud implementation costs5,782 10,402 
Other5,699 5,165 
Total other non-current assets$30,551 $34,327 
Schedule of Accrued Merchant and Supplier Payables
The following table summarizes accrued merchant and supplier payables as of September 30, 2021 and December 31, 2020 (in thousands):
September 30, 2021December 31, 2020
Accrued merchant payables$215,365 $303,260 
Accrued supplier payables (1)
14,546 107,703 
Total accrued merchant and supplier payables$229,911 $410,963 
(1)Includes 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 September 30, 2021 and December 31, 2020 (in thousands):
September 30, 2021December 31, 2020
Refund reserve$22,239 $33,173 
Compensation and benefits24,625 54,958 
Accrued marketing21,388 15,299 
Restructuring-related liabilities10,001 13,746 
Customer credits78,217 61,006 
Income taxes payable1,182 7,862 
Deferred revenue3,868 11,223 
Operating and finance lease obligations32,836 37,755 
Deferred cloud computing contract incentive3,000 3,000 
Other (1)
44,381 56,977 
Total accrued expenses and other current liabilities$241,737 $294,999 
(1)Includes $2.9 million in 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 September 30, 2021 and December 31, 2020 (in thousands):
September 30, 2021December 31, 2020
Contingent income tax liabilities$25,563 $25,593 
Deferred income taxes3,408 3,170 
Deferred cloud computing contract incentive2,000 4,250 
Other (1)
9,686 11,415 
Total other non-current liabilities$40,657 $44,428 
(1)Includes $2.9 million in certain payroll taxes under the CARES Act. These amounts are due by December 31, 2022.