2019 Q3 Form 10-Q Financial Statement

#000170511019000011 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q4 2018 Q3
Revenue $357.4M $279.0M $303.1M
YoY Change 17.89% 24.99% 66.81%
Cost Of Revenue $13.31M $13.43M $14.02M
YoY Change -5.02% 14.93% 75.21%
Gross Profit $344.0M $265.6M $289.1M
YoY Change 19.01% 25.54% 66.42%
Gross Profit Margin 96.27% 95.19% 95.38%
Selling, General & Admin $277.9M $210.6M $218.6M
YoY Change 27.14% 0.81% -15.92%
% of Gross Profit 80.77% 79.3% 75.6%
Research & Development $16.02M $16.40M $15.31M
YoY Change 4.65% 6.49% -23.49%
% of Gross Profit 4.66% 6.18% 5.3%
Depreciation & Amortization $25.30M $20.60M $21.70M
YoY Change 16.59% -2.83% 244.44%
% of Gross Profit 7.35% 7.76% 7.51%
Operating Expenses $293.9M $247.7M $233.9M
YoY Change 25.67% 0.94% -16.46%
Operating Profit $24.73M $17.89M $33.52M
YoY Change -26.22% -152.73% -129.79%
Interest Expense $3.007M -$2.800M $3.132M
YoY Change -3.99% 27.27%
% of Operating Profit 12.16% -15.66% 9.35%
Other Income/Expense, Net $1.505M $14.90M $1.566M
YoY Change -3.9% -15000.0% 14.81%
Pretax Income $23.22M $29.90M $31.93M
YoY Change -27.26% -182.6% -128.25%
Income Tax $4.900M -$6.900M $5.140M
% Of Pretax Income 21.1% -23.08% 16.1%
Net Earnings $18.32M $36.81M $26.79M
YoY Change -31.59% -163.22% -137.12%
Net Earnings / Revenue 5.13% 13.19% 8.84%
Basic Earnings Per Share $0.04 $0.07 $0.06
Diluted Earnings Per Share $0.04 $0.07 $0.05
COMMON SHARES
Basic Shares Outstanding 505.8M shares 481.6M shares
Diluted Shares Outstanding 512.1M shares 520.8M shares

Balance Sheet

Concept 2019 Q3 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $402.9M $361.9M $314.4M
YoY Change 28.17% 63.38% 428.33%
Cash & Equivalents $402.9M $337.0M $279.5M
Short-Term Investments $0.00 $24.95M $34.87M
Other Short-Term Assets $62.52M $84.93M $61.86M
YoY Change 1.08% 564.99% 164.35%
Inventory
Prepaid Expenses $16.22M
Receivables $44.05M $27.26M $44.39M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $509.5M $474.1M $420.6M
YoY Change 21.13% 80.7% 270.25%
LONG-TERM ASSETS
Property, Plant & Equipment $102.0M $70.86M $58.78M
YoY Change 73.5% 32.96% 23.48%
Goodwill $882.1M $894.7M $769.1M
YoY Change 14.69% 16.16%
Intangibles $264.3M $304.3M $280.6M
YoY Change -5.82% -7.39%
Long-Term Investments
YoY Change
Other Assets $8.940M $23.20M $7.427M
YoY Change 20.37% 1019.69% -89.81%
Total Long-Term Assets $1.435B $1.334B $1.158B
YoY Change 23.83% 10.71% -6.44%
TOTAL ASSETS
Total Short-Term Assets $509.5M $474.1M $420.6M
Total Long-Term Assets $1.435B $1.334B $1.158B
Total Assets $1.944B $1.808B $1.579B
YoY Change 23.11% 23.22% 16.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.50M $20.10M $18.70M
YoY Change 36.36% 6.35% -62.6%
Accrued Expenses $127.2M $106.0M $81.47M
YoY Change 56.09% 40.99% -9.48%
Deferred Revenue $64.80M $61.40M $66.67M
YoY Change -2.8% -1.56%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.75M $13.75M $13.75M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $231.2M $201.2M $180.6M
YoY Change 28.03% 17.65% -9.24%
LONG-TERM LIABILITIES
Long-Term Debt $235.2M $245.0M $248.5M
YoY Change -5.32% -5.16% 212.52%
Other Long-Term Liabilities $119.8M $16.85M $11.61M
YoY Change 931.52% 185.91% 136.94%
Total Long-Term Liabilities $355.0M $261.8M $260.1M
YoY Change 36.51% -0.9% 208.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $231.2M $201.2M $180.6M
Total Long-Term Liabilities $355.0M $261.8M $260.1M
Total Liabilities $586.2M $463.1M $440.7M
YoY Change 33.03% 6.39% 38.84%
SHAREHOLDERS EQUITY
Retained Earnings $16.14M -$18.80M -$55.48M
YoY Change -129.09% -84.56%
Common Stock $1.345B $1.333B $1.156B
YoY Change 16.3% 19.84%
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.16M $0.00
YoY Change
Treasury Stock Shares
Shareholders Equity $1.323B $1.313B $1.103B
YoY Change
Total Liabilities & Shareholders Equity $1.944B $1.808B $1.579B
YoY Change 23.11% 23.22% 16.81%

Cashflow Statement

Concept 2019 Q3 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $18.32M $36.81M $26.79M
YoY Change -31.59% -163.22% -137.12%
Depreciation, Depletion And Amortization $25.30M $20.60M $21.70M
YoY Change 16.59% -2.83% 244.44%
Cash From Operating Activities $79.10M $70.00M $80.10M
YoY Change -1.25% -596.45% 221.69%
INVESTING ACTIVITIES
Capital Expenditures -$15.70M -$14.10M -$11.50M
YoY Change 36.52% 34.29% 71.64%
Acquisitions
YoY Change
Other Investing Activities $0.00 $13.80M -$34.80M
YoY Change -100.0% 13700.0% 74.0%
Cash From Investing Activities -$15.60M -$300.0K -$46.30M
YoY Change -66.31% -97.14% 74.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.30M -11.20M -9.500M
YoY Change 334.74% -106.0% -161.69%
NET CHANGE
Cash From Operating Activities 79.10M 70.00M 80.10M
Cash From Investing Activities -15.60M -300.0K -46.30M
Cash From Financing Activities -41.30M -11.20M -9.500M
Net Change In Cash 22.20M 58.50M 24.30M
YoY Change -8.64% -63.89% 77.37%
FREE CASH FLOW
Cash From Operating Activities $79.10M $70.00M $80.10M
Capital Expenditures -$15.70M -$14.10M -$11.50M
Free Cash Flow $94.80M $84.10M $91.60M
YoY Change 3.49% -2436.11% 189.87%

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CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3071000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-177000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2880000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1628000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-3000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-3000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-3000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3071000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-180000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2883000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1631000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15253000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
26606000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
32526000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
39064000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
325000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
169000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
473000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
64000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-390000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-367000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-581000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-677000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-65000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-198000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-108000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-613000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15318000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26804000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32634000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
39677000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1344546000 USD
CY2019Q3 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
18091000 USD
CY2019Q3 angi Other Comprehensive Income Loss Netof Tax Including Portion Attributableto Nonredeemable Noncontrolling Interest Total
OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterestTotal
-2706000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
45473000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-4252000 USD
CY2018Q3 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
418000 USD
CY2018Q3 angi Adjustmentof Redeemable Noncontrolling Interestto Fair Value
AdjustmentofRedeemableNoncontrollingInteresttoFairValue
243000 USD
CY2018Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
22000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1111776000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1321987000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
35125000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8748000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2357000 USD
CY2019Q3 angi Stock Issued During Period Value Related Party Employee Matters Agreement
StockIssuedDuringPeriodValueRelatedPartyEmployeeMattersAgreement
-970000 USD
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
34157000 USD
CY2019Q3 angi Adjustmentof Redeemable Noncontrolling Interestto Fair Value
AdjustmentofRedeemableNoncontrollingInteresttoFairValue
-1255000 USD
CY2019Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1332451000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1067490000 USD
CY2018Q3 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
26839000 USD
CY2018Q3 angi Other Comprehensive Income Loss Netof Tax Including Portion Attributableto Nonredeemable Noncontrolling Interest Total
OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterestTotal
192000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
22190000 USD
angi Other Comprehensive Income Loss Netof Tax Including Portion Attributableto Nonredeemable Noncontrolling Interest Total
OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterestTotal
-2369000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-27800000 USD
angi Stock Issued During Period Value Related Party Employee Matters Agreement
StockIssuedDuringPeriodValueRelatedPartyEmployeeMattersAgreement
-1765000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
34157000 USD
angi Adjustmentof Redeemable Noncontrolling Interestto Fair Value
AdjustmentofRedeemableNoncontrollingInteresttoFairValue
4024000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
19000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1332451000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1003094000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
25649000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
40837000 USD
angi Other Comprehensive Income Loss Netof Tax Including Portion Attributableto Nonredeemable Noncontrolling Interest Total
OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterestTotal
-1041000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
68349000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-23542000 USD
angi Stock Issued During Period Value Related Party Employee Matters Agreement
StockIssuedDuringPeriodValueRelatedPartyEmployeeMattersAgreement
0 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
1236000 USD
angi Adjustmentof Redeemable Noncontrolling Interestto Fair Value
AdjustmentofRedeemableNoncontrollingInteresttoFairValue
304000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
30000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1111776000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35409000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
40695000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
45586000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
69433000 USD
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
42421000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
47695000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
49294000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
34844000 USD
us-gaap Depreciation
Depreciation
27039000 USD
us-gaap Depreciation
Depreciation
18170000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8294000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2041000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6371000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
107000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
66596000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
52021000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-15701000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
19040000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
30609000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11303000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1628000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1402000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2916000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3378000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
182084000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
153711000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
20341000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54801000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32886000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
25000000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
34816000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
23615000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10412000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
103000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-26630000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-57290000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10313000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10313000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1008000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1904000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
33979000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
573000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2876000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
30039000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
27206000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
58401000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-89924000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37797000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
65530000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
58624000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
387000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-223000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65917000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
11355000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
71000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1289000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3732000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
39000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
338821000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221521000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
404738000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
279922000 USD
angi Numberof Service Categories
NumberofServiceCategories
500 service_category
CY2019Q3 angi Numberof Service Professionals
NumberofServiceProfessionals
250000 service_professional
CY2019Q3 angi Numberof Projects
NumberofProjects
20000000 project
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 operating_segment
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting Estimates</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments and assumptions impact the reported amounts of assets, liabilities, revenue and expenses and the related disclosure of contingent assets and liabilities. Actual results could differ from these estimates.</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On an ongoing basis, the Company evaluates its estimates and judgments, including those related to: the fair values of cash equivalents and marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts; the determination of revenue reserves; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the recoverability of goodwill and indefinite-lived intangible assets; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for </span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets and other factors that the Company considers relevant.</span></div>
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61400000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
58500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
58000000.0 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
64800000 USD
CY2019Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
200000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
40400000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
38800000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified to conform to the current year presentation.</span></div>
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
101270000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12265000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
118679000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
130944000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4777000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
13884000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
588000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1644000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
5365000 USD
us-gaap Lease Cost
LeaseCost
15528000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
100000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
700000 USD
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
500000 USD
us-gaap Sublease Income
SubleaseIncome
1000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3307000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
21313000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
22025000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
21032000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
19844000 USD
CY2019Q3 angi Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
79994000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
167515000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
36571000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
130944000 USD
CY2019Q3 angi Lessee Operating Lease Lease Notyet Commenced Amount
LesseeOperatingLeaseLeaseNotyetCommencedAmount
6000000.0 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
261250000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
473000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4900000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y10M24D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0605
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1633000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
53117000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
4139000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
12660000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7100000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5100000 USD
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.16
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-600000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3500000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2400000 USD
CY2019Q3 angi Unrecognized Tax Benefits Unrelated To Federal Income Taxes Statute Of Limitations Expiring To Be Recognized In Subsequent Periods That Would Income Impact Tax Expense Continuing Operations
UnrecognizedTaxBenefitsUnrelatedToFederalIncomeTaxesStatuteOfLimitationsExpiringToBeRecognizedInSubsequentPeriodsThatWouldIncomeImpactTaxExpenseContinuingOperations
3400000 USD
CY2018Q4 angi Unrecognized Tax Benefits Unrelated To Federal Income Taxes Statute Of Limitations Expiring To Be Recognized In Subsequent Periods That Would Income Impact Tax Expense Continuing Operations
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1421000 USD
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433000 USD
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300000 USD
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200000 USD
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600000 USD
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0 USD
CY2019Q3 angi Numberof Lawsuitswith Possible Material Impact
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1 lawsuit

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