v3.26.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities attributable to continuing operations:    
Net earnings (loss) $ 437,169 $ (3,935)
Less: Loss on the sale of Care.com, net of income taxes (78,300) 0
Less: Earnings from discontinued operations, net of income taxes 216 53,928
Net earnings (loss) attributable to continuing operations 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 (755,687) 16,828
Gain on sale of an unutilized domain name (7,500) 0
Deferred income taxes 166,700 (2,638)
Stock-based compensation expense 51,409 (3,080)
Amortization of intangibles 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)
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)
Distributions from Angi Inc. pursuant to the tax sharing agreement 8,491 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