v3.26.1
PEOPLE INC. FINANCIAL INFORMATION - Consolidated Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities attributable to continuing operations:        
Net earnings (loss) $ 507,839 $ 210,633 $ 437,169 $ (3,935)
Less: Loss on the sale of Care.com, net of income taxes (2,657) 0 (78,300) 0
Less: Earnings from discontinued operations, net of income taxes (4,239) 19,419 216 53,928
Net earnings (loss) from continuing operations 514,735 191,214 515,253 (57,863)
Adjustments to reconcile net earnings (loss) attributable to continuing operations to net cash provided by (used in) operating activities attributable to continuing operations:        
Unrealized gain (loss) on investment in MGM Resorts International (721,682) (307,437) (755,687) 16,828
Gain on sale of an unutilized domain name 0 0 (7,500) 0
Deferred income taxes     166,700 (2,638)
Stock-based compensation expense 34,997 18,310 51,409 (3,080)
Amortization of intangibles 19,044 22,418 38,084 44,836
Non-cash lease expense (including right-of-use asset impairments)     15,131 17,039
Depreciation     14,818 18,509
Net downward adjustments to the carrying value of equity securities without readily determinable fair values and net gains on sales of investments and businesses     4,574 18,845
Net gains on amendments and early terminations of lease agreements     0 (36,104)
Other adjustments, net     2,975 8,718
Changes in assets and liabilities, net of effects of dispositions:        
Accounts receivable     77,453 67,240
Other assets     (267) (26,508)
Operating lease liabilities     (23,355) (63,873)
Accounts payable and other liabilities     (40,000) (29,049)
Income taxes payable and receivable     (1,421) (2,151)
Deferred revenue     (2,535) (5,198)
Net cash provided by (used in) operating activities attributable to continuing operations     55,632 (34,449)
Cash flows from investing activities attributable to continuing operations:        
Capital expenditures     (19,148) (8,156)
Net proceeds from the sale of Care.com     295,697 0
Purchase of MGM Resorts International common shares     (37,232) 0
Allocation of Angi Inc.'s cash in the Distribution     0 (386,563)
Proceeds from the sale of an unutilized domain name     7,500 0
Net proceeds from the sales of investments and businesses     38 9,856
Proceeds from the sale of a portion of the retirement investment fund     0 8,485
Other, net     2,643 2,806
Net cash provided by (used in) investing activities attributable to continuing operations     249,498 (373,572)
Cash flows from financing activities attributable to continuing operations:        
Principal payments on the Term Loans     (12,250) (1,425,773)
Net proceeds from the Term Loans refinancing     0 991,451
Proceeds from the issuance of the 2032 Notes     0 400,000
Debt issuance and deferred financing costs     0 (9,916)
Contributions from the Company to People Inc.     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     (19,453) (54,645)
Purchases of treasury stock     (133,252) (200,000)
Reimbursement from People Inc. to People Incorporated for the settlement of equity awards held by employees     0 0
Distributions from Angi Inc. pursuant to the tax sharing agreement     8,491 0
Intercompany between People Incorporated and People Inc.     0 0
Other, net     (2,322) 249
Net cash used in financing activities attributable to continuing operations     (158,786) (298,634)
Total cash provided by (used in) continuing operations     146,344 (706,655)
Net cash (used in) provided by operating activities attributable to discontinued operations     (10,625) 28,999
Net cash used in investing activities attributable to discontinued operations     (48) (13,349)
Net cash used in financing activities attributable to discontinued operations     0 (14,401)
Total cash (used in) provided by discontinued operations     (10,673) 1,249
Effect of exchange rate changes on cash and cash equivalents and restricted cash     (1,776) 1,610
Net increase (decrease) in cash and cash equivalents and restricted cash     133,895 (703,796)
Cash and cash equivalents and restricted cash at beginning of period     986,831 1,807,255
Cash and cash equivalents and restricted cash at end of period 1,120,726 1,103,459 1,120,726 1,103,459
Reportable Legal Entities | People Inc.        
Cash flows from operating activities attributable to continuing operations:        
Net earnings (loss) 7,328 (10,105) (5,012) (863)
Less: Loss on the sale of Care.com, net of income taxes 0 0 0 0
Less: Earnings from discontinued operations, net of income taxes 0 0 0 0
Net earnings (loss) from continuing operations 7,328 (10,105) (5,012) (863)
Adjustments to reconcile net earnings (loss) attributable to continuing operations to net cash provided by (used in) operating activities attributable to continuing operations:        
Unrealized gain (loss) on investment in MGM Resorts International 0 0 0 0
Gain on sale of an unutilized domain name     0 0
Deferred income taxes     1,114 15,812
Stock-based compensation expense 7,984 7,203 16,674 12,696
Amortization of intangibles 19,044 22,418 38,084 44,836
Non-cash lease expense (including right-of-use asset impairments)     14,747 16,522
Depreciation     10,927 14,394
Net downward adjustments to the carrying value of equity securities without readily determinable fair values and net gains on sales of investments and businesses     0 0
Net gains on amendments and early terminations of lease agreements     0 (36,104)
Other adjustments, net     5,190 11,334
Changes in assets and liabilities, net of effects of dispositions:        
Accounts receivable     76,996 67,181
Other assets     (3,114) (523)
Operating lease liabilities     (22,319) (63,261)
Accounts payable and other liabilities     (32,893) (50,372)
Income taxes payable and receivable     459 (16,061)
Deferred revenue     (3,208) (5,673)
Net cash provided by (used in) operating activities attributable to continuing operations     97,645 9,918
Cash flows from investing activities attributable to continuing operations:        
Capital expenditures     (19,001) (7,734)
Net proceeds from the sale of Care.com     0 0
Purchase of MGM Resorts International common shares     0 0
Allocation of Angi Inc.'s cash in the Distribution     0 0
Proceeds from the sale of an unutilized domain name     0 0
Net proceeds from the sales of investments and businesses     0 0
Proceeds from the sale of a portion of the retirement investment fund     0 8,485
Other, net     244 2
Net cash provided by (used in) investing activities attributable to continuing operations     (18,757) 753
Cash flows from financing activities attributable to continuing operations:        
Principal payments on the Term Loans     (12,250) (1,425,773)
Net proceeds from the Term Loans refinancing     0 991,451
Proceeds from the issuance of the 2032 Notes     0 400,000
Debt issuance and deferred financing costs     0 (9,916)
Contributions from the Company to People Inc.     0 80,000
Withholding taxes paid on behalf of employees on net settled stock-based awards     (9,466) (13,293)
Purchases of treasury stock     0 0
Reimbursement from People Inc. to People Incorporated for the settlement of equity awards held by employees     (10,113) (20,324)
Distributions from Angi Inc. pursuant to the tax sharing agreement     0 0
Intercompany between People Incorporated and People Inc.     0 0
Other, net     6 0
Net cash used in financing activities attributable to continuing operations     (31,823) 2,145
Total cash provided by (used in) continuing operations     47,065 12,816
Net cash (used in) provided by operating activities attributable to discontinued operations     0 0
Net cash used in investing activities attributable to discontinued operations     0 0
Net cash used in financing activities attributable to discontinued operations     0 0
Total cash (used in) provided by discontinued operations     0 0
Effect of exchange rate changes on cash and cash equivalents and restricted cash     (1,258) 685
Net increase (decrease) in cash and cash equivalents and restricted cash     45,807 13,501
Cash and cash equivalents and restricted cash at beginning of period     292,179 257,122
Cash and cash equivalents and restricted cash at end of period 337,986 270,623 337,986 270,623
Reportable Legal Entities | Less: Entities Excluding People Inc.        
Cash flows from operating activities attributable to continuing operations:        
Net earnings (loss) 500,511 220,738 442,181 (3,072)
Less: Loss on the sale of Care.com, net of income taxes (2,657) 0 (78,300) 0
Less: Earnings from discontinued operations, net of income taxes (4,239) 19,419 216 53,928
Net earnings (loss) from continuing operations 507,407 201,319 520,265 (57,000)
Adjustments to reconcile net earnings (loss) attributable to continuing operations to net cash provided by (used in) operating activities attributable to continuing operations:        
Unrealized gain (loss) on investment in MGM Resorts International (721,682) (307,437) (755,687) 16,828
Gain on sale of an unutilized domain name     (7,500) 0
Deferred income taxes     165,586 (18,450)
Stock-based compensation expense 27,013 11,107 34,735 (15,776)
Amortization of intangibles 0 0 0 0
Non-cash lease expense (including right-of-use asset impairments)     384 517
Depreciation     3,891 4,115
Net downward adjustments to the carrying value of equity securities without readily determinable fair values and net gains on sales of investments and businesses     4,574 18,845
Net gains on amendments and early terminations of lease agreements     0 0
Other adjustments, net     (2,215) (2,616)
Changes in assets and liabilities, net of effects of dispositions:        
Accounts receivable     457 59
Other assets     2,847 (25,985)
Operating lease liabilities     (1,036) (612)
Accounts payable and other liabilities     (3,280) 23,054
Income taxes payable and receivable     (1,880) 13,910
Deferred revenue     673 475
Net cash provided by (used in) operating activities attributable to continuing operations     (38,186) (42,636)
Cash flows from investing activities attributable to continuing operations:        
Capital expenditures     (147) (422)
Net proceeds from the sale of Care.com     295,697 0
Purchase of MGM Resorts International common shares     (37,232) 0
Allocation of Angi Inc.'s cash in the Distribution     0 (386,563)
Proceeds from the sale of an unutilized domain name     7,500 0
Net proceeds from the sales of investments and businesses     38 9,856
Proceeds from the sale of a portion of the retirement investment fund     0 0
Other, net     2,399 2,804
Net cash provided by (used in) investing activities attributable to continuing operations     268,255 (374,325)
Cash flows from financing activities attributable to continuing operations:        
Principal payments on the Term Loans     0 0
Net proceeds from the Term Loans refinancing     0 0
Proceeds from the issuance of the 2032 Notes     0 0
Debt issuance and deferred financing costs     0 0
Contributions from the Company to People Inc.     0 0
Withholding taxes paid on behalf of employees on net settled stock-based awards     (9,987) (41,352)
Purchases of treasury stock     (133,252) (200,000)
Reimbursement from People Inc. to People Incorporated for the settlement of equity awards held by employees     0 0
Distributions from Angi Inc. pursuant to the tax sharing agreement     8,491 0
Intercompany between People Incorporated and People Inc.     6,286 (61,407)
Other, net     (2,328) 249
Net cash used in financing activities attributable to continuing operations     (130,790) (302,510)
Total cash provided by (used in) continuing operations     99,279 (719,471)
Net cash (used in) provided by operating activities attributable to discontinued operations     (10,625) 28,999
Net cash used in investing activities attributable to discontinued operations     (48) (13,349)
Net cash used in financing activities attributable to discontinued operations     0 (14,401)
Total cash (used in) provided by discontinued operations     (10,673) 1,249
Effect of exchange rate changes on cash and cash equivalents and restricted cash     (518) 925
Net increase (decrease) in cash and cash equivalents and restricted cash     88,088 (717,297)
Cash and cash equivalents and restricted cash at beginning of period     694,652 1,550,133
Cash and cash equivalents and restricted cash at end of period $ 782,740 $ 832,836 782,740 832,836
Eliminations and Reclassifications        
Changes in assets and liabilities, net of effects of dispositions:        
Accounts payable and other liabilities     (3,827) (1,731)
Net cash provided by (used in) operating activities attributable to continuing operations     (3,827) (1,731)
Cash flows from financing activities attributable to continuing operations:        
Contributions from the Company to People Inc.       80,000
Reimbursement from People Inc. to People Incorporated for the settlement of equity awards held by employees     (10,113) (20,324)
Intercompany between People Incorporated and People Inc.     (6,286) 61,407
Net cash used in financing activities attributable to continuing operations     $ (3,827) $ (1,731)