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DISCONTINUED OPERATIONS
 6 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS
On November 1, 2023, Angi Inc. completed the sale of 100% of its wholly-owned subsidiary, THR, and has reflected it as a discontinued operation in its financial statements. The financial information for prior periods has been recast to conform to this presentation.

The components of the loss from discontinued operations for the three and six months ended June 30, 2023, in the statement of operations consisted of the following:
Three Months Ended June 30,Six Months Ended June 30,
20232023
(In thousands)
Revenue24,482 $62,854 
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)16,954 42,058 
Selling and marketing expense4,837 11,598 
General and administrative expense3,818 9,669 
Depreciation175 420 
Total operating costs and expenses25,784 63,745 
Operating loss from discontinued operations(1,302)(891)
Interest income4 8 
Loss from discontinued operations before tax(1,298)(883)
Income tax benefit2,410 982 
Earnings from discontinued operations, net of tax1,112 $99 
During the period in which Angi owned THR, the Ads & Leads segment provided services totaling $1.0 million and $2.5 million to the Roofing segment for the three and six months ended June 30, 2023, respectively.