XML 59 R36.htm IDEA: XBRL DOCUMENT
v3.24.3

SEGMENT INFORMATION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information by Segment | The following tables are a reconciliation of segment profit, which is the Company's primary segment profitability measure, to income before income taxes. Segment marketing expense represents the portion of selling and marketing expense attributable to variable costs paid for advertising, direct marketing and related expenses, that are directly attributable to the segments' products. This measure excludes overhead, fixed costs and personnel-related expenses.
| Three Months Ended September 30, 2024
| Home | Consumer | Insurance | Other | Total
| (in thousands)
Revenue | $ | 32,248 |  | $ | 59,474 |  | $ | 169,065 |  | $ | 2 |  | $ | 260,789 |
Segment marketing expense | 22,993 |  | 31,491 |  | 127,622 |  | 45 |  | 182,151 |
Segment profit (loss) | 9,255 |  | 27,983 |  | 41,443 |  | (43) |  | 78,638 |
Cost of revenue |  |  |  |  | 9,372 |
Brand and other marketing expense |  |  |  |  | 11,391 |
General and administrative expense |  |  |  |  | 26,680 |
Product development |  |  |  |  | 11,190 |
Depreciation |  |  |  |  | 4,584 |
Amortization of intangibles |  |  |  |  | 1,466 |
Restructuring and severance |  |  |  |  | 273 |
Litigation settlements and contingencies |  |  |  |  | 3,762 |
Operating income |  |  |  |  | 9,920 |
Interest expense, net |  |  |  |  | (10,060) |
Other expense |  |  |  |  | (57,391) |
Loss before income taxes |  |  |  |  | $ | (57,531) |
| Three Months Ended September 30, 2023
| Home | Consumer | Insurance | Other | Total
| (in thousands)
Revenue | $ | 33,390 |  | $ | 67,253 |  | $ | 54,536 |  | $ | 9 |  | $ | 155,188 |
Segment marketing expense | 22,095 |  | 32,826 |  | 31,177 |  | 21 |  | 86,119 |
Segment profit (loss) | 11,295 |  | 34,427 |  | 23,359 |  | (12) |  | 69,069 |
Cost of revenue |  |  |  |  | 7,570 |
Brand and other marketing expense |  |  |  |  | 11,125 |
General and administrative expense |  |  |  |  | 26,380 |
Product development |  |  |  |  | 10,840 |
Depreciation |  |  |  |  | 4,760 |
Amortization of intangibles |  |  |  |  | 1,981 |
Goodwill impairment |  |  |  |  | 38,600 |
Restructuring and severance |  |  |  |  | 1,955 |
Litigation settlements and contingencies |  |  |  |  | (150) |
Operating loss |  |  |  |  | (33,992) |
Interest expense, net |  |  |  |  | (7,097) |
Other expense |  |  |  |  | (110,910) |
Loss before income taxes |  |  |  |  | $ | (151,999) |
| Nine Months Ended September 30, 2024
| Home | Consumer | Insurance | Other | Total
| (in thousands)
Revenue | $ | 94,857 |  | $ | 166,826 |  | $ | 377,008 |  | $ | 6 |  | $ | 638,697 |
Segment marketing expense | 66,703 |  | 84,491 |  | 265,751 |  | 104 |  | 417,049 |
Segment profit (loss) | 28,154 |  | 82,335 |  | 111,257 |  | (98) |  | 221,648 |
Cost of revenue |  |  |  |  | 26,328 |
Brand and other marketing expense |  |  |  |  | 33,056 |
General and administrative expense |  |  |  |  | 79,594 |
Product development |  |  |  |  | 33,421 |
Depreciation |  |  |  |  | 13,852 |
Amortization of intangibles |  |  |  |  | 4,422 |
Restructuring and severance |  |  |  |  | 498 |
Litigation settlements and contingencies |  |  |  |  | 3,791 |
Operating income |  |  |  |  | 26,686 |
Interest expense, net |  |  |  |  | (17,899) |
Other expense |  |  |  |  | (55,305) |
Loss before income taxes |  |  |  |  | $ | (46,518) |
| Nine Months Ended September 30, 2023
| Home | Consumer | Insurance | Other | Total
| (in thousands)
Revenue | $ | 118,628 |  | $ | 229,439 |  | $ | 190,016 |  | $ | 66 |  | $ | 538,149 |
Segment marketing expense | 78,878 |  | 119,466 |  | 111,754 |  | 516 |  | 310,614 |
Segment profit (loss) | 39,750 |  | 109,973 |  | 78,262 |  | (450) |  | 227,535 |
Cost of revenue |  |  |  |  | 30,632 |
Brand and other marketing expense |  |  |  |  | 39,806 |
General and administrative expense |  |  |  |  | 92,223 |
Product development |  |  |  |  | 36,096 |
Depreciation |  |  |  |  | 14,239 |
Amortization of intangibles |  |  |  |  | 6,012 |
Goodwill impairment |  |  |  |  | 38,600 |
Restructuring and severance |  |  |  |  | 9,967 |
Litigation settlements and contingencies |  |  |  |  | 350 |
Operating loss |  |  |  |  | (40,390) |
Interest income, net |  |  |  |  | 10,992 |
Other expense |  |  |  |  | (108,637) |
Loss before income taxes |  |  |  |  | $ | (138,035) |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration