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SEGMENT INFORMATION (Tables)

12 Months Ended

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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