2020 Q4 Form 8-K Financial Statement

#000180022721000014 Filed on June 01, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020 Q2
Revenue $765.0M $713.2M $659.0M
YoY Change 24.2% 9.18% 2.49%
Cost Of Revenue $224.3M $184.9M $155.8M
YoY Change 65.78% 32.27% 16.56%
Gross Profit $540.8M $528.4M $503.2M
YoY Change 12.5% 2.89% -1.21%
Gross Profit Margin 70.68% 74.08% 76.35%
Selling, General & Admin $521.0M $473.5M $514.4M
YoY Change 18.06% 6.22% 8.37%
% of Gross Profit 96.35% 89.62% 102.23%
Research & Development $75.20M $51.73M $46.34M
YoY Change 41.62% 3.47% 0.88%
% of Gross Profit 13.91% 9.79% 9.21%
Depreciation & Amortization $27.90M $78.80M $42.90M
YoY Change -23.98% 110.13% 33.23%
% of Gross Profit 5.16% 14.91% 8.53%
Operating Expenses $624.1M $525.2M $560.7M
YoY Change 17.51% 5.95% 7.71%
Operating Profit -$22.10M -$122.2M -$97.45M
YoY Change 374.57% -557.68% 8523.45%
Interest Expense $578.2M $5.807M $1.555M
YoY Change -96.18% 100.38% -51.96%
% of Operating Profit
Other Income/Expense, Net $1.500M $1.602M $3.311M
YoY Change -100.01% -113.67% -90.26%
Pretax Income $555.4M $162.7M -$120.4M
YoY Change -32770.59% -23304.42% -809.32%
Income Tax $48.00M -$25.06M -$34.40M
% Of Pretax Income 8.64% -15.41%
Net Earnings $509.1M $184.9M -$96.12M
YoY Change 7292.55% 1023.02% -797.06%
Net Earnings / Revenue 66.55% 25.93% -14.58%
Basic Earnings Per Share $5.96 $2.17 -$1.13
Diluted Earnings Per Share $5.59 $2.04 -$1.13
COMMON SHARES
Basic Shares Outstanding 85.30M shares 85.13M shares
Diluted Shares Outstanding 90.48M shares 85.13M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.591B $3.809B $2.914B
YoY Change 328.58% 22.76% -12.07%
Cash & Equivalents $3.366B $3.459B $2.445B
Short-Term Investments $225.0M $350.0M $469.0M
Other Short-Term Assets $140.0M $156.5M $146.3M
YoY Change -4.14% -30.45% -37.75%
Inventory $317.0K
Prepaid Expenses $46.10M
Receivables $257.7M $227.3M $205.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.119B $4.205B $3.288B
YoY Change 235.11% 14.16% -15.99%
LONG-TERM ASSETS
Property, Plant & Equipment $274.9M $265.8M $269.2M
YoY Change -9.09% -50.68% -50.33%
Goodwill $1.660B $1.768B $1.819B
YoY Change 18.79%
Intangibles $395.0M $394.4M $428.5M
YoY Change 21.7%
Long-Term Investments $1.152M $1.580B $296.0M
YoY Change 373.05% 190.2%
Other Assets $288.0M $266.2M $270.4M
YoY Change 18.79% -8.21% 22.9%
Total Long-Term Assets $5.042B $4.275B $3.083B
YoY Change 74.64% -7.49% -29.68%
TOTAL ASSETS
Total Short-Term Assets $4.119B $4.205B $3.288B
Total Long-Term Assets $5.042B $4.275B $3.083B
Total Assets $9.162B $8.480B $6.372B
YoY Change 122.56% 2.11% -23.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.00M $96.00M $99.00M
YoY Change 27.78% -4.95% -4.81%
Accrued Expenses $340.4M $402.2M $348.9M
YoY Change 20.37% -20.67% -19.42%
Deferred Revenue $137.7M $268.2M $242.8M
YoY Change 45.41%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $13.75M $13.75M
YoY Change -100.0% -1.79% -1.79%
Total Short-Term Liabilities $750.9M $780.2M $704.6M
YoY Change 28.29% -24.69% -26.07%
LONG-TERM LIABILITIES
Long-Term Debt $712.3M $715.4M $225.3M
YoY Change 207.09% -77.01% -92.82%
Other Long-Term Liabilities $233.9M $192.3M $187.0M
YoY Change 32.67% -23.69% -28.09%
Total Long-Term Liabilities $946.1M $907.7M $412.3M
YoY Change 131.78% -73.02% -87.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $750.9M $780.2M $704.6M
Total Long-Term Liabilities $946.1M $907.7M $412.3M
Total Liabilities $1.697B $1.688B $1.117B
YoY Change 70.81% -68.79% -78.99%
SHAREHOLDERS EQUITY
Retained Earnings $694.0M $184.9M
YoY Change
Common Stock $5.910B $6.021B $4.661B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.598B $6.194B $4.648B
YoY Change
Total Liabilities & Shareholders Equity $9.162B $8.480B $6.372B
YoY Change 122.56% 2.11% -23.22%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $509.1M $184.9M -$96.12M
YoY Change 7292.55% 1023.02% -797.06%
Depreciation, Depletion And Amortization $27.90M $78.80M $42.90M
YoY Change -23.98% 110.13% 33.23%
Cash From Operating Activities -$13.40M $93.10M $35.70M
YoY Change -122.19% 12.17% -66.26%
INVESTING ACTIVITIES
Capital Expenditures -$19.90M -$14.30M -$12.60M
YoY Change -18.11% -19.21% -68.5%
Acquisitions
YoY Change
Other Investing Activities -$24.00M -$880.4M -$402.4M
YoY Change -118.24% 203.8% 114.73%
Cash From Investing Activities -$43.80M -$894.7M -$415.0M
YoY Change -140.82% 190.96% 82.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 47.00M 1.837B 796.2M
YoY Change -411.26% 678.68% -2527.44%
NET CHANGE
Cash From Operating Activities -13.40M 93.10M 35.70M
Cash From Investing Activities -43.80M -894.7M -415.0M
Cash From Financing Activities 47.00M 1.837B 796.2M
Net Change In Cash -10.20M 1.035B 416.9M
YoY Change -106.68% 8981.58% -370.01%
FREE CASH FLOW
Cash From Operating Activities -$13.40M $93.10M $35.70M
Capital Expenditures -$19.90M -$14.30M -$12.60M
Free Cash Flow $6.500M $107.4M $48.30M
YoY Change -92.33% 6.65% -66.87%

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3477110000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
840732000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
886836000 USD
CY2020 us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">MTCH Separation:</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On December 19, 2019, IAC/InterActiveCorp ("Old IAC") entered into a Transaction Agreement (as amended as of April 28, 2020 and June 22, 2020, the "Transaction Agreement") with Match Group, Inc. ("Old MTCH"), IAC Holdings, Inc. ("New IAC" or the "Company"), a direct wholly owned subsidiary of Old IAC, and Valentine Merger Sub LLC, an indirect wholly owned subsidiary of Old IAC. On June 30, 2020, the businesses of Old MTCH were separated from the remaining businesses of Old IAC through a series of transactions that resulted in the pre-transaction stockholders of Old IAC owning shares in two, separate public companies—(1) Old IAC, which was renamed Match Group, Inc. ("New Match") and which owns the businesses of Old MTCH and certain Old IAC financing subsidiaries, and (2) New IAC, which was renamed IAC/InterActiveCorp, and which owns Old IAC's other businesses—and the pre-transaction stockholders of Old MTCH (other than Old IAC) owning shares in New Match. This transaction is referred to as the "MTCH Separation".</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Spin-off:</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 25</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, 2</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">021, IAC completed the previously announced spin-off of its full stake in Vimeo to IAC shareholders. IAC's Vimeo business was separated from the remaining businesses of IAC through a series of transactions (which we refer to as the “Spin-off”). Following the Spin-off, Vimeo, Inc. (formerly Vimeo Holdings, Inc. ("SpinCo")) became an independent, separately traded public company. Therefore, Vimeo is presented as discontinued operations within IAC's consolidated and combined financial statements for all periods prior to May 25</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, 2</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">021 in accordance with ASC 205, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Presentation of Financial Statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. </span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:107%">Company overview</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates Dotdash and Care.com, among many other online businesses, and has majority ownership of Angi Inc. (formerly ANGI Homeservices), which operates HomeAdvisor, Angi (formerly Angie’s List) and Handy.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Angi Inc. </span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our Angi Inc. segment includes the North American (United States and Canada) and European businesses and operations of Angi Inc. On September 29, 2017, the Company's HomeAdvisor business and Angie's List Inc. combined under a new publicly traded company called Angi Inc. (the "Combination"). At December 31, 2020, IAC’s economic interest and voting interest in Angi Inc. were 84.3% and 98.2%, respectively.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Angi Inc. connects quality home service professionals across 500 different categories, from repairing and remodeling to cleaning and landscaping, with consumers. Over 240,000 domestic service professionals actively sought consumer matches, completed jobs or advertised work through Angi Inc. platforms and consumers turn to at least one of our brands to find a professional for approximately 32 million projects during the year ended December 31, 2020. Angi Inc. has established category-transforming products with brands such as HomeAdvisor, Angi and Handy.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Angi Inc.'s Handy business is a leading platform in the United States for connecting individuals looking for household services (primarily cleaning and handyman services) with top-quality, pre-screened independent service professionals. Angi Inc. also owns and operates mHelpDesk, a provider of cloud-based field service software for small to mid-size businesses. Prior to its sale on December 31, 2018, Angi Inc. also operated Felix, a pay-per-call advertising service business. In addition to its market-leading U.S. operations, Angi Inc. owns leading home services online marketplaces in France (Travaux), Germany (MyHammer), Netherlands (Werkspot), United Kingdom (MyBuilder Limited or "MyBuilder," which we acquired a controlling interest in on March 24, 2017), Canada (HomeStars Inc. or "HomeStars," which we acquired a controlling interest in on February 8, 2017) and Italy (Instapro), as well as operations in Austria (MyHammer).</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Dotdash</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Dotdash is a portfolio of digital publishing brands that collectively provide expert information and inspiration in select vertical content categories. Through our brands, Dotdash provides original and engaging digital content in a variety of formats, including articles, illustrations, videos and images.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Search</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Search segment consists of Ask Media Group and the Desktop business. Ask Media Group is a collection of websites providing general search services, and to a lesser extent, content that help users find the information they need. Through the Desktop business, we are a leading provider of global, advertising-driven desktop applications. We own and operate a portfolio of desktop browser applications that provide users with access to a wide variety of online content, tools and services. We provide users who download our desktop browser applications with new tab search services, as well as the option of default browser search services. We distribute our desktop browser applications to consumers free of charge on an opt-in basis directly through direct-to-consumer (primarily Chrome Web Store) and partnership distribution channels. </span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Emerging &amp; Other</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our Emerging &amp; Other segment primarily includes:</span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Mosaic Group, a leading developer and provider of global subscription mobile applications. Mosaic Group has a portfolio of some of the largest and most popular applications including:</span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">iTranslate, which develops and distributes some of the world's most downloaded mobile translation applications, enabling users to read, write, speak and learn foreign languages anywhere in the world, acquired in March 2018. </span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">TelTech, which develops and distributes unique and innovative mobile communications applications that help protect consumer privacy, acquired in October 2018. </span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">Daily Burn, a health and fitness business, which provides streaming fitness and workout videos across a variety of platforms (including mobile, web and other Internet-enabled television platforms).</span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Care.com, the leading online destination for families to easily connect with caregivers for their children, aging parents, pets and homes and for a wide variety of caregivers to easily connect with families, which we acquired on February 11, 2020;</span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Bluecrew, a technology driven staffing platform exclusively for flexible W-2 work, which we acquired a controlling interest in on February 26, 2018;</span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Daily Beast, a website dedicated to news, commentary, culture and entertainment that publishes original reporting and opinion from its roster of full-time journalists and contributors;</span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">NurseFly, a platform to efficiently connect healthcare professionals with job opportunities, which we acquired a controlling interest in on June 26, 2019;</span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">IAC Films, a provider of production and producer services for feature films, primarily for initial sale and distribution through theatrical releases and video-on-demand services in the United States and internationally; and </span></div><div style="margin-bottom:12pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">For periods prior to their sales:</span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">College Humor Media, a provider of digital content, including its subscription only property, Dropout.tv, sold March 16, 2020. </span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">CityGrid, an advertising network that integrated local content and advertising for distribution to affiliated and third-party publishers across web and mobile platforms, sold December 31, 2018.</span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">Dictionary.com, an online and mobile dictionary and thesaurus service, sold November 13, 2018.</span></div><div style="margin-bottom:12pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">Electus, including Notional, a provider of production and producer services for both unscripted and scripted television and digital content, primarily for initial sale and distribution in the United States, sold October 29, 2018.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Discontinued Operations</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Discontinued operations in the accompanying financial statements include Vimeo for all periods. The notes accompanying these consolidated and combined financial statements reflect our continuing operations and, unless otherwise noted, exclude information related to Vimeo. See “</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i26ec69a8d3e348129296261da510ea0b_2258" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4—Discontinued Operations</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">” for additional details.</span></div>
CY2020 iaci Numberof Service Categories
NumberofServiceCategories
500 category
CY2020Q4 iaci Numberof Service Professionals
NumberofServiceProfessionals
240000 professional
CY2020Q4 iaci Numberof Projects
NumberofProjects
32000000 project
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
51500000 USD
CY2020Q1 iaci Impairmentof Notes Receivableand Warrants
ImpairmentofNotesReceivableandWarrants
7500000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accounting Estimates</span></div><div style="margin-bottom:12pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its 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 assets and liabilities. Actual results could differ from these estimates.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On an ongoing basis, the Company evaluates its estimates, judgments and assumptions, including those related to: the fair values of cash equivalents and marketable debt and equity securities; the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of revenue reserves; the determination of the customer relationship period for certain costs to obtain a contract with a customer; the carrying value of right-of-use assets ("ROU assets"); the useful lives and recoverability of building, capitalized software, leasehold improvements and equipment and definite-lived intangible assets; the recoverability of goodwill and indefinite-lived intangible assets; the fair value of equity securities without readily determinable fair values; contingencies; the fair value of acquisition-related contingent consideration arrangements; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates, judgments and assumptions on historical experience, its forecasts and budgets and other factors that the Company considers relevant.</span></div>
CY2020Q4 iaci Number Of Equity Method Investments
NumberOfEquityMethodInvestments
1 investment
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
101300000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
94900000 USD
CY2018 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
70300000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
58800000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
41400000 USD
CY2018Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
40100000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
4400000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
4000000.0 USD
CY2018Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
3400000 USD
CY2020 iaci Accounts Receivable Periodof Payment Due
AccountsReceivablePeriodofPaymentDue
P30D
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
19984000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
78931000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
74170000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
2433000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
27178000 USD
CY2020Q4 iaci Revenue Reserve
RevenueReserve
2100000 USD
CY2019Q4 iaci Revenue Reserve
RevenueReserve
3900000 USD
CY2020Q4 iaci Accounts Receivable Allowancefor Credit Loss Currentand Revenue Reserve
AccountsReceivableAllowanceforCreditLossCurrentandRevenueReserve
29200000 USD
CY2019Q4 iaci Accounts Receivable Allowancefor Credit Loss Currentand Revenue Reserve
AccountsReceivableAllowanceforCreditLossCurrentandRevenueReserve
23900000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
94700000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
600000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
83300000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1000000.0 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
79700000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
86600000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
137700000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
700000 USD
CY2020 iaci Cash Equivalents Maturity Period At Purchase Less Than
CashEquivalentsMaturityPeriodAtPurchaseLessThan
P91D
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
0 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Certain Risks and Concentrations—Services Agreement with Google (the "Services Agreement")</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A meaningful portion of the Company's revenue (and a substantial portion of IAC’s net cash from operations that it can freely access) is attributable to the Services Agreement. In addition, the Company earns certain other advertising revenue from Google that is not attributable to the Services Agreement. For the years ended December 31, 2020, 2019 and 2018, total revenue earned from Google was $556.1 million, $732.1 million and $823.1 million, respectively, representing 20%, 29%, and 35%, respectively, of the Company's total revenue. The related accounts receivable totaled $61.9 million and $53.0 million at December 31, 2020 and 2019, respectively. </span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The total revenue earned from the Services Agreement for the years ended December 31, 2020, 2019 and 2018, was $498.3 million, $677.0 million and $765.6 million, respectively, representing 18%, 27% and 32%, respectively, of the Company's total revenue.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The revenue attributable to the Services Agreement is earned by the Desktop business and Ask Media Group, both within the Search segment. For the years ended December 31, 2020, 2019 and 2018, revenue earned from the Services Agreement was $153.5 million, $291.1 million and $426.5 million, respectively, within the Desktop business and $344.8 million, $385.9 million and $339.0 million, respectively, within Ask Media Group.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Services Agreement expires on March 31, 2023; provided that during each September, either party may, after discussion with the other party, terminate the Services Agreement, effective on September 30 of the year following the year such notice is given. Neither party gave notice to the other party to terminate the Services Agreement pursuant to this provision in September 2020. The Services Agreement requires that the Company comply with certain guidelines promulgated by Google. Google may generally unilaterally update its policies and guidelines without advance notice. These updates may be specific to the Services Agreement or could be more general and thereby impact the Company as well as other companies. These policy and guideline updates have in the past and could in the future require modifications to, or prohibit and/or render obsolete certain of our products, services and/or business practices, which have been and could be costly to address and have had or otherwise could have an adverse effect on our financial condition and results of operations. As described below, Google has made changes to the policies under the Services Agreement and has also made industry-wide changes that have negatively impacted the Desktop business and it may do so in the future.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain industry-wide policy changes became effective on July 1, 2019 and August 27, 2020. These industry-wide changes, combined with other changes to policies under the Services Agreement during the second half of 2019, have had a negative impact on the historical and expected future results of operations of the Desktop business. In addition, at multiple times during the fourth quarter of 2020, Google suspended services with respect to some of IAC's products and may do so in the future. The Desktop business elected to modify certain marketing strategies in early January 2021. This is expected to further reduce the revenue and profitability of the Desktop business in 2021.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The reduction in revenue and profitability was the primary factor in the goodwill and indefinite-lived intangible asset impairments related to the Desktop business recorded in the year ended December 31, 2020 of $265.1 million and $32.2 million respectively. The impact of COVD-19 was an additional factor.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:107%">Credit Risk</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of cash and cash equivalents. Cash and cash equivalents are maintained with financial institutions and are in excess of Federal Deposit Insurance Corporation insurance limits.</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Other Risks</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is subject to certain risks and concentrations including dependence on third-party technology providers, exposure to risks associated with online commerce security and credit card fraud.</span></div>
CY2018 iaci Putand Call Arrangements Exercised
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P18M
CY2019 iaci Putand Call Arrangements Exercised
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CY2020 iaci Putand Call Arrangements Exercised
PutandCallArrangementsExercised
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CY2020 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:12pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been reclassified to conform to the current year presentation.</span></div>
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244160000 USD
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34317000 USD
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344947000 USD
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157000 USD
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1514000 USD
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2985000 USD
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3727000 USD
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2025000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
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4054000 USD
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CY2019Q4 iaci Deferred Tax Assets Lease Liabilities Noncurrent
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11273000 USD
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32043000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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18985000 USD
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584438000 USD
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34170000 USD
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CY2020 iaci Income Tax Expense Benefit Related To Operating Loss Carryforwards Recorded As Reduction To Goodwill
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CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 iaci Effective Income Tax Rate Reconciliation Stock Based Compensation
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CY2019 iaci Effective Income Tax Rate Reconciliation Stock Based Compensation
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CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2020 iaci Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Amount
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14219000 USD
CY2019 iaci Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Amount
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CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
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CY2019 iaci Effective Income Tax Reconciliation Amortizable Tax Basis Due To Intercompany Transaction Amount
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0 USD
CY2018 iaci Effective Income Tax Reconciliation Amortizable Tax Basis Due To Intercompany Transaction Amount
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1634000 USD
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CY2019 iaci Effective Income Tax Reconciliation Adjustments On The Reconciliation Of Income Tax Provisions To Tax Returns Amount
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388000 USD
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85000 USD
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CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2019 us-gaap Income Tax Reconciliation Other Adjustments
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1036000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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CY2020 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Tax Expense Benefit
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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3419000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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238000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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172000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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351000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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410000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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767000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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18233000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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16585000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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14425000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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20100000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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18800000 USD
CY2020Q4 iaci 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
18500000 USD
CY2019Q4 iaci 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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17400000 USD
CY2020Q4 iaci Change In Unrecognized Tax Benefits Unrelated To The Federal Income Taxes Statute Of Limitations Expiring Reasonably Possible Within Twelve Months Of The Current Reporting Period
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5700000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
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CY2019 us-gaap Business Acquisitions Pro Forma Revenue
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CY2020 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
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317073000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
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CY2019 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
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3.50
CY2019 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
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0.37
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
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296933000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
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CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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3.48
CY2019 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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-0.20
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
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3.26
CY2019 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.20
CY2020Q4 us-gaap Goodwill
Goodwill
1660102000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1397493000 USD
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246913000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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225296000 USD
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148073000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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99256000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
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2055088000 USD
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
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1722045000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1397493000 USD
CY2020 us-gaap Goodwill Acquired During Period
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522070000 USD
CY2020 us-gaap Goodwill Impairment Loss
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265146000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
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5685000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1660102000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1406965000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
23091000 USD
CY2019 iaci Goodwill Deductions During Period
GoodwillDeductionsDuringPeriod
29293000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3318000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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48000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1397493000 USD
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392866000 USD
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244793000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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148073000 USD
CY2020 us-gaap Finite Lived Intangible Asset Useful Life
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P4Y1M6D
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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281608000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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182352000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
99256000 USD
CY2019 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P3Y9M18D
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
57018000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
34159000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
21760000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11292000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9040000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
14804000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
148073000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
224976000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
224979000 USD
CY2019Q4 us-gaap Trading Securities
TradingSecurities
0 USD
CY2020 iaci Contractual Maturityof Current Availablefor Sale Securities
ContractualMaturityofCurrentAvailableforSaleSecurities
P1Y
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
296491000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
347975000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1152000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2020Q4 us-gaap Long Term Investments
LongTermInvestments
297643000 USD
CY2019Q4 us-gaap Long Term Investments
LongTermInvestments
347975000 USD
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
51500000 USD
CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
0 USD
CY2019 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
19698000 USD
CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount
51484000 USD
CY2019 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount
1193000 USD
CY2020 iaci Equity Securitieswithout Readily Determinable Fair Value Annual Amount
EquitySecuritieswithoutReadilyDeterminableFairValueAnnualAmount
-51484000 USD
CY2019 iaci Equity Securitieswithout Readily Determinable Fair Value Annual Amount
EquitySecuritieswithoutReadilyDeterminableFairValueAnnualAmount
18505000 USD
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
19700000 USD
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentCumulativeAmount
43500000 USD
CY2020 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
2161000 USD
CY2019 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
22880000 USD
CY2018 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
27366000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
797565000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
18505000 USD
CY2018 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
126063000 USD
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
799726000 USD
CY2019 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
41385000 USD
CY2018 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
153429000 USD
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
5087339000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
731124000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
6918000 USD
CY2020Q4 iaci Prepaid Debt Principal Payments
PrepaidDebtPrincipalPayments
13800000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Arrangements Range Of Outcomes Value High
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh
15000000.0 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
6900000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
27500000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
192500000 USD
CY2020Q4 iaci Long Term Debt Maturity Year Eight
LongTermDebtMaturityYearEight
500000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
720000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7723000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
712277000 USD
CY2020 iaci Percentage Of Directors Elected By Holders Of Common Stock
PercentageOfDirectorsElectedByHoldersOfCommonStock
0.25
CY2020 iaci Percentage Of Directors Elected By Holders Of Common Stock
PercentageOfDirectorsElectedByHoldersOfCommonStock
0.25
CY2020Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
8000000.0 shares
CY2018Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
0 USD
CY2020Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
0 USD
CY2019Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
0 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
289867000 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
289867000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
81666000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
81666000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
322330000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
322330000 USD
CY2020 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-726000 USD
CY2020 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-726000 USD
CY2019 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
9945000 USD
CY2019 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
9945000 USD
CY2018 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
46181000 USD
CY2018 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
46181000 USD
CY2020 us-gaap Dilutive Securities
DilutiveSecurities
71000 USD
CY2019 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2018 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2020 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
290593000 USD
CY2020 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
290664000 USD
CY2019 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
71721000 USD
CY2019 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
71721000 USD
CY2018 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
276149000 USD
CY2018 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
276149000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-21281000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-21281000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-49483000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-49483000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-29959000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-29959000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
414000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
414000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
657000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
657000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
582000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
582000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-20867000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-20867000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-48826000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-48826000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-29377000 USD
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
90948000 shares
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-29377000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
269726000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
269797000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22895000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
22895000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
246772000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
246772000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85355000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85355000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85132000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85132000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85132000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85132000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5593000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85355000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3909000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85132000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85132000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85132000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85132000 shares
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.40
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.20
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.84
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.84
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.24
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.24
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.24
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.23
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.57
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.57
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.34
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.34
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.16
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.97
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.90
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.90
CY2020Q4 iaci Term Of Employment Agreement And Restricted Stock Agreement
TermOfEmploymentAgreementAndRestrictedStockAgreement
P10Y
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3100000 shares
CY2020 iaci Share Based Compensation Arrangement By Share Based Payment Award Number Of Active Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfActivePlans
1 plan
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
31100000 shares
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
385900000 USD
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P6Y4M24D
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
198300000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
81500000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
79600000 USD
CY2020Q4 iaci Term Of Employment Agreement And Restricted Stock Agreement
TermOfEmploymentAgreementAndRestrictedStockAgreement
P10Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4498000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.08
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
587000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.46
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
2000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
14.05
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.08
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
657704000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3909000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.08
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
657704000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
74800000 USD
CY2020Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
3909000 shares
CY2020 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2020Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
21.08
CY2020Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
3909000 shares
CY2020 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2020Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
21.08
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
20500000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2764536000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2509980000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2373519000 USD
CY2020 us-gaap Revenues
Revenues
2764536000 USD
CY2019 us-gaap Revenues
Revenues
2509980000 USD
CY2018 us-gaap Revenues
Revenues
2373519000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
274930000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34317000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
302417000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-537663000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
5734000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
75274000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-537663000 USD
CY2020 us-gaap Interest Expense
InterestExpense
16166000 USD
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
840550000 USD
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-42561000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020 us-gaap Profit Loss
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CY2019 us-gaap Profit Loss
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CY2019 us-gaap Income Tax Expense Benefit
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344947000 USD
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22617000 USD
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246772000 USD
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60726000 USD
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95097000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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54471000 USD
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170153000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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27143000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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21894000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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205362000 USD
CY2020Q4 us-gaap Operating Lease Liability
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232505000 USD
CY2019Q4 us-gaap Operating Lease Liability
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186928000 USD
CY2020 us-gaap Operating Lease Cost
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38713000 USD
CY2019 us-gaap Operating Lease Cost
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26584000 USD
CY2020 us-gaap Variable Lease Cost
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10562000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
7704000 USD
CY2020 us-gaap Lease Cost
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49275000 USD
CY2019 us-gaap Lease Cost
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34288000 USD
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5800000 USD
CY2019 us-gaap Short Term Lease Cost
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2600000 USD
CY2020 us-gaap Sublease Income
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2500000 USD
CY2019 us-gaap Sublease Income
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2000000.0 USD
CY2020 iaci Operating Lease Cost Vacating Office Space
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5300000 USD
CY2019 iaci Operating Lease Cost Vacating Office Space
OperatingLeaseCostVacatingOfficeSpace
7400000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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37982000 USD
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37875000 USD
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36192000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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35106000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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26841000 USD
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227409000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
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401405000 USD
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168900000 USD
CY2020Q4 us-gaap Operating Lease Liability
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232505000 USD
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100000 USD
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55300000 USD
CY2020Q2 us-gaap Notes Receivable Related Parties
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27200000 USD
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0.50
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.06
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.10
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P17Y8M12D
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0.0567
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0613
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80314000 USD
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60828000 USD
CY2020 us-gaap Operating Lease Payments
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41377000 USD
CY2019 us-gaap Operating Lease Payments
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33543000 USD
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0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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3366176000 USD
CY2019 iaci Asset Impairment Charges Coronavirus Aid Relief And Economic Security Act
AssetImpairmentChargesCoronavirusAidReliefAndEconomicSecurityAct
0 USD
CY2020 iaci Asset Impairment Charges Coronavirus Aid Relief And Economic Security Act
AssetImpairmentChargesCoronavirusAidReliefAndEconomicSecurityAct
59001000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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503000 USD
CY2018Q4 us-gaap Restricted Cash Current
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1417000 USD
CY2017Q4 us-gaap Restricted Cash Current
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203000 USD
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449000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
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409000 USD
CY2018Q4 us-gaap Restricted Cash Noncurrent
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420000 USD
CY2017Q4 us-gaap Restricted Cash Noncurrent
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0 USD
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CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
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1904000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
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1008000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
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11156000 USD
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3477110000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
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840732000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
886836000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
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759939000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
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CY2019Q4 us-gaap Contract With Customer Asset Net Current
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41401000 USD
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46096000 USD
CY2019Q4 us-gaap Prepaid Expense Current
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39050000 USD
CY2020Q4 iaci Capitalize Access Fees Current
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12730000 USD
CY2019Q4 iaci Capitalize Access Fees Current
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21985000 USD
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22408000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
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43626000 USD
CY2020Q4 us-gaap Other Assets Current
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140022000 USD
CY2019Q4 us-gaap Other Assets Current
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146062000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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482331000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
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502966000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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207401000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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200549000 USD
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274930000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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CY2019Q4 us-gaap Employee Related Liabilities Current
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CY2019Q4 us-gaap Accrued Advertising Current
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CY2019Q4 iaci Accrued Revenue Share Current
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CY2019Q4 us-gaap Other Accrued Liabilities Current
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CY2020Q4 us-gaap Accrued Liabilities Current
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340406000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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282808000 USD
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CY2018 iaci Asset Impairment Charges Coronavirus Aid Relief And Economic Security Act
AssetImpairmentChargesCoronavirusAidReliefAndEconomicSecurityAct
0 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain
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10373000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain
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330000 USD
CY2018 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
589000 USD
CY2019 us-gaap Gain On Sale Of Investments
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20486000 USD
CY2018 us-gaap Gain On Sale Of Investments
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26777000 USD
CY2020 iaci Equity Securities Without Readily Determinable Fair Value Net Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueNetUpwardPriceAdjustmentAnnualAmount
0 USD
CY2019 iaci Equity Securities Without Readily Determinable Fair Value Net Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueNetUpwardPriceAdjustmentAnnualAmount
18505000 USD
CY2018 iaci Equity Securities Without Readily Determinable Fair Value Net Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueNetUpwardPriceAdjustmentAnnualAmount
128786000 USD
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7177000 USD
CY2019 us-gaap Interest Income Other
InterestIncomeOther
15159000 USD
CY2018 us-gaap Interest Income Other
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9124000 USD
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1061000 USD
CY2019 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2018 us-gaap Gain Loss On Sale Of Business
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121230000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives
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-1213000 USD
CY2018 us-gaap Unrealized Gain Loss On Derivatives
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0 USD
CY2020 iaci Mark To Market Charge Pertaining To Subsidiary Denominated Equity Instrument
MarkToMarketChargePertainingToSubsidiaryDenominatedEquityInstrument
181000 USD
CY2019 iaci Mark To Market Charge Pertaining To Subsidiary Denominated Equity Instrument
MarkToMarketChargePertainingToSubsidiaryDenominatedEquityInstrument
1779000 USD
CY2018 iaci Mark To Market Charge Pertaining To Subsidiary Denominated Equity Instrument
MarkToMarketChargePertainingToSubsidiaryDenominatedEquityInstrument
0 USD
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CY2019 us-gaap Other Nonoperating Income Expense
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CY2018 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Nonoperating Income Expense
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CY2019 us-gaap Nonoperating Income Expense
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40487000 USD
CY2018 us-gaap Nonoperating Income Expense
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282732000 USD
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51500000 USD
CY2020 iaci Impairmentof Notes Receivableand Warrants
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CY2019 us-gaap Interest Paid Net
InterestPaidNet
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CY2019 us-gaap Income Taxes Paid
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4797000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
4035000 USD
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2010000 USD
CY2019 us-gaap Proceeds From Income Tax Refunds
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3048000 USD
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30330000 USD
CY2018 iaci Fair Value Of Contingent Consideration At Date Of Acquisition
FairValueOfContingentConsiderationAtDateOfAcquisition
25500000 USD
CY2020 iaci Fair Value Of Contingent Consideration At Date Of Acquisition
FairValueOfContingentConsiderationAtDateOfAcquisition
0 USD
CY2019 iaci Fair Value Of Contingent Consideration At Date Of Acquisition
FairValueOfContingentConsiderationAtDateOfAcquisition
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CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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765045000 USD
CY2020Q1 us-gaap Cost Of Revenue
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161120000 USD
CY2020Q2 us-gaap Cost Of Revenue
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155846000 USD
CY2020Q3 us-gaap Cost Of Revenue
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184888000 USD
CY2020Q4 us-gaap Cost Of Revenue
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224289000 USD
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CY2020Q3 us-gaap Operating Income Loss
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CY2020Q4 us-gaap Operating Income Loss
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CY2020Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-86004000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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187723000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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506669000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2020Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2020Q2 us-gaap Profit Loss
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CY2020Q3 us-gaap Profit Loss
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CY2020Q4 us-gaap Profit Loss
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CY2020Q3 us-gaap Net Income Loss
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184917000 USD
CY2020Q4 us-gaap Net Income Loss
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509125000 USD
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CY2020Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q2 us-gaap Earnings Per Share Basic
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CY2020Q3 us-gaap Earnings Per Share Basic
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CY2020Q4 us-gaap Earnings Per Share Basic
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5.96
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CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.04
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.59
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
643027000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q2 us-gaap Cost Of Revenue
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133705000 USD
CY2019Q3 us-gaap Cost Of Revenue
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139777000 USD
CY2019Q4 us-gaap Cost Of Revenue
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135291000 USD
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CY2019Q2 us-gaap Operating Income Loss
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CY2019Q3 us-gaap Operating Income Loss
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26706000 USD
CY2019Q4 us-gaap Operating Income Loss
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CY2019Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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8786000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
30157000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
27703000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
15020000 USD
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2019Q1 us-gaap Profit Loss
ProfitLoss
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CY2019Q2 us-gaap Profit Loss
ProfitLoss
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CY2019Q3 us-gaap Profit Loss
ProfitLoss
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CY2019Q4 us-gaap Profit Loss
ProfitLoss
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CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-14247000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
13789000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
16466000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
6887000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.09
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.26
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.30
CY2019Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.19
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.09
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.26
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.30
CY2019Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.19
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
51500000 USD
CY2020Q1 iaci Impairmentof Notes Receivableand Warrants
ImpairmentofNotesReceivableandWarrants
7500000 USD

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