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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following table presents revenue by reportable segment:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (In thousands)
Revenue: |  |  |  |  |
North America | $ | 1,395,428 |  |  | $ | 1,249,892 |  |  | $ | 1,062,171 |
Europe | 72,497 |  |  | 76,313 |  |  | 70,070 |
Total | $ | 1,467,925 |  |  | $ | 1,326,205 |  |  | $ | 1,132,241 |
Schedule of Segmented Revenue Disaggregated by Service | The following table presents the revenue of the Company’s segments disaggregated by type of service:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (In thousands)
North America |  |  |  |  |
Marketplace: |  |  |  |  |
Consumer connection revenue(a) | $ | 1,054,660 |  |  | $ | 913,533 |  |  | $ | 704,341 |
Service professional membership subscription revenue | 50,975 |  |  | 63,872 |  |  | 66,214 |
Other revenue | 25,685 |  |  | 15,263 |  |  | 3,940 |
Total Marketplace revenue | 1,131,320 |  |  | 992,668 |  |  | 774,495 |
Advertising and other revenue(b) | 264,108 |  |  | 257,224 |  |  | 287,676 |
Total North America revenue | 1,395,428 |  |  | 1,249,892 |  |  | 1,062,171 |
Europe |  |  |  |  |
Consumer connection revenue(c) | 57,692 |  |  | 59,611 |  |  | 50,913 |
Service professional membership subscription revenue | 13,091 |  |  | 14,231 |  |  | 17,362 |
Advertising and other revenue | 1,714 |  |  | 2,471 |  |  | 1,795 |
Total Europe revenue | 72,497 |  |  | 76,313 |  |  | 70,070 |
Total revenue | $ | 1,467,925 |  |  | $ | 1,326,205 |  |  | $ | 1,132,241 |
___________________________ (a) Includes fees paid by service professionals for consumer matches and revenue from pre-priced jobs sourced through the HomeAdvisor and Handy platforms. (b) Includes Angie’s List revenue from service professionals under contract for advertising and Angie’s List membership subscription fees from consumers, as well as revenue from mHelpDesk, HomeStars and Felix. Felix was sold on December 31, 2018 and its revenue for the year ended December 31, 2018 was $36.9 million. (c) Includes fees paid by service professionals for consumer matches.
Schedule of Revenue by Geographic Areas | Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (In thousands)
Revenue: |  |  |  |  |
United States | $ | 1,379,236 |  |  | $ | 1,234,755 |  |  | $ | 1,050,641 |
All other countries | 88,689 |  |  | 91,450 |  |  | 81,600 |
Total | $ | 1,467,925 |  |  | $ | 1,326,205 |  |  | $ | 1,132,241 |
Schedule of Long-lived Assets by Geographic Areas |
| December 31,
| 2020 |  | 2019
| (In thousands)
Long-lived assets (excluding goodwill and intangible assets): |  |  |
United States | $ | 97,841 |  |  | $ | 95,822 |
All other countries | 11,001 |  |  | 7,539 |
Total | $ | 108,842 |  |  | $ | 103,361 |
Schedule of Reconciliation of Adjusted EBITDA to Operating Income (Loss) | The following tables present operating income (loss) and Adjusted EBITDA by reportable segment:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (In thousands)
Operating income (loss): |  |  |  |  |
North America | $ | 4,811 |  |  | $ | 48,967 |  |  | $ | 78,102 |
Europe | (11,179) |  |  | (10,322) |  |  | (14,196) |
Total | $ | (6,368) |  |  | $ | 38,645 |  |  | $ | 63,906 |
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (In thousands)
Adjusted EBITDA(d): |  |  |  |  |
North America | $ | 178,854 |  |  | $ | 208,192 |  |  | $ | 253,963 |
Europe | $ | (6,050) |  |  | $ | (5,895) |  |  | $ | (6,457) |
___________________________ (d) The Company’s primary financial measure is Adjusted EBITDA, which is defined as operating income excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of amortization of intangible assets and impairments of goodwill and intangible assets, if applicable. The Company believes this measure is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors. The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature. Adjusted EBITDA has certain limitations because it excludes the impact of these expenses. The following tables reconcile operating income (loss) for the Company’s reportable segments and net (loss) earnings attributable to ANGI Homeservices Inc. shareholders to Adjusted EBITDA:
| Year Ended December 31, 2020
| Operating Income (Loss) |  | Stock-Based Compensation Expense |  | Depreciation |  | Amortization of Intangibles |  | Adjusted EBITDA
| (In thousands)
North America | $ | 4,811 |  |  | $ | 82,933 |  |  | $ | 48,515 |  |  | $ | 42,595 |  |  | $ | 178,854 |
Europe | (11,179) |  |  | $ | 716 |  |  | $ | 4,106 |  |  | $ | 307 |  |  | $ | (6,050) |
Operating (loss) | (6,368) |  |  |  |  |  |  |  |  |
Interest expense | (14,178) |  |  |  |  |  |  |  |  |
Other income, net | 1,218 |  |  |  |  |  |  |  |  |
Earnings before income taxes | (19,328) |  |  |  |  |  |  |  |  |
Income tax benefit | 15,168 |  |  |  |  |  |  |  |  |
Net loss | (4,160) |  |  |  |  |  |  |  |  |
Net earnings attributable to noncontrolling interests | (2,123) |  |  |  |  |  |  |  |  |
Net loss attributable to ANGI Homeservices Inc. shareholders | $ | (6,283) |  |  |  |  |  |  |  |  |
| Year Ended December 31, 2019
| Operating Income (Loss) |  | Stock-Based Compensation Expense |  | Depreciation |  | Amortization of Intangibles |  | Adjusted EBITDA
| (In thousands)
North America | $ | 48,967 |  |  | $ | 67,646 |  |  | $ | 37,481 |  |  | $ | 54,098 |  |  | $ | 208,192 |
Europe | (10,322) |  |  | $ | 609 |  |  | $ | 2,434 |  |  | $ | 1,384 |  |  | $ | (5,895) |
Operating income | 38,645 |  |  |  |  |  |  |  |  |
Interest expense | (11,493) |  |  |  |  |  |  |  |  |
Other income, net | 6,494 |  |  |  |  |  |  |  |  |
Earnings before income taxes | 33,646 |  |  |  |  |  |  |  |  |
Income tax benefit | 1,668 |  |  |  |  |  |  |  |  |
Net earnings | 35,314 |  |  |  |  |  |  |  |  |
Net earnings attributable to noncontrolling interests | (485) |  |  |  |  |  |  |  |  |
Net earnings attributable to ANGI Homeservices Inc. shareholders | $ | 34,829 |  |  |  |  |  |  |  |  |
| Year Ended December 31, 2018
| Operating Income (Loss) |  | Stock-Based Compensation Expense |  | Depreciation |  | Amortization of Intangibles |  | Adjusted EBITDA
| (In thousands)
North America | $ | 78,102 |  |  | $ | 96,078 |  |  | $ | 21,888 |  |  | $ | 57,895 |  |  | $ | 253,963 |
Europe | (14,196) |  |  | $ | 1,000 |  |  | $ | 2,422 |  |  | $ | 4,317 |  |  | $ | (6,457) |
Operating income | 63,906 |  |  |  |  |  |  |  |  |
Interest expense | (11,623) |  |  |  |  |  |  |  |  |
Other income, net | 17,741 |  |  |  |  |  |  |  |  |
Earnings before income taxes | 70,024 |  |  |  |  |  |  |  |  |
Income tax benefit | 7,483 |  |  |  |  |  |  |  |  |
Net earnings | 77,507 |  |  |  |  |  |  |  |  |
Net earnings attributable to noncontrolling interests | (189) |  |  |  |  |  |  |  |  |
Net earnings attributable to ANGI Homeservices Inc. shareholders | $ | 77,318 |  |  |  |  |  |  |  |  |
Schedule of Capital Expenditures by Segment | The following table presents capital expenditures by reportable segment:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (In thousands)
Capital expenditures: |  |  |  |  |
North America | $ | 50,462 |  |  | $ | 64,215 |  |  | $ | 42,976 |
Europe | 2,026 |  |  | 4,589 |  |  | 4,000 |
Total | $ | 52,488 |  |  | $ | 68,804 |  |  | $ | 46,976 |

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