v3.26.1
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Transfer and conversion of common shares related to IAC CEO Employment Transition Agreement
Conversion of shares related to the Distribution
Common Stock
Class A Common Stock $0.001 Par Value
Common Stock
Class A Common Stock $0.001 Par Value
Transfer and conversion of common shares related to IAC CEO Employment Transition Agreement
Common Stock
Class A Common Stock $0.001 Par Value
Conversion of shares related to the Distribution
Common Stock
Class B Convertible Common Stock $0.001 Par Value
Common Stock
Class B Convertible Common Stock $0.001 Par Value
Transfer and conversion of common shares related to IAC CEO Employment Transition Agreement
Common Stock
Class B Convertible Common Stock $0.001 Par Value
Conversion of shares related to the Distribution
Common Stock
Class C Common Stock $0.001 Par Value
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Balance at beginning of period at Dec. 31, 2024 $ 1,062,801     $ 113     $ 422     $ 0 $ 1,465,640 $ (195,015) $ (2,495) $ (205,864)
Balance at beginning of period (in shares) at Dec. 31, 2024       11,295     42,202     0        
Increase (Decrease) in Shareholders' Equity                            
Net (loss) earnings 26,003                     26,003    
Other comprehensive (loss) income 8,845                       8,845  
Stock-based compensation expense 5,833                   5,833      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (6,245)     $ 1             (6,246)      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)       457                    
Issuance of common stock to IAC pursuant to the employee matters agreement 0     $ 1             (1)      
Issuance of common stock to IAC pursuant to the employee matters agreement (in shares)       120                    
Purchase of treasury stock (78,701)                         (78,701)
Conversion of shares   $ 0 $ 0   $ 5 $ 417   $ (5) $ (417)          
Conversion of shares (in shares)         501 41,701   (501) (41,701)          
Adjustment pursuant to the tax sharing agreement with IAC as part of the Distribution (17,960)                   (17,960)      
Other 1,648                   1,648      
Balance at end of period at Jun. 30, 2025 1,002,224     $ 537     $ 0     $ 0 1,448,914 (169,012) 6,350 (284,565)
Balance at end of period (in shares) at Jun. 30, 2025       54,074     0     0        
Balance at beginning of period at Mar. 31, 2025 1,049,040     $ 537     $ 0     $ 0 1,444,580 (179,909) 384 (216,552)
Balance at beginning of period (in shares) at Mar. 31, 2025       53,900     0     0        
Increase (Decrease) in Shareholders' Equity                            
Net (loss) earnings 10,897                     10,897    
Other comprehensive (loss) income 5,966                       5,966  
Stock-based compensation expense 6,485                   6,485      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (1,673)                   (1,673)      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)       174                    
Purchase of treasury stock (68,013)                         (68,013)
Other (478)                   (478)      
Balance at end of period at Jun. 30, 2025 1,002,224     $ 537     $ 0     $ 0 1,448,914 (169,012) 6,350 (284,565)
Balance at end of period (in shares) at Jun. 30, 2025       54,074     0     0        
Balance at beginning of period at Dec. 31, 2025 927,366     $ 538     $ 0     $ 0 1,427,693 (150,880) 5,938 (355,923)
Balance at beginning of period (in shares) at Dec. 31, 2025       54,282     0     0        
Increase (Decrease) in Shareholders' Equity                            
Net (loss) earnings (239,645)                     (239,645)    
Other comprehensive (loss) income (2,390)                       (2,390)  
Stock-based compensation expense 10,467                   10,467      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (2,081)                   (2,081)      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)       430                    
Adjustment pursuant to the tax sharing agreement with IAC as part of the Distribution (273)                   (273)      
Other (5,819)                   (5,819)      
Balance at end of period at Jun. 30, 2026 687,625     $ 538     $ 0     $ 0 1,429,987 (390,525) 3,548 (355,923)
Balance at end of period (in shares) at Jun. 30, 2026       54,712     0     0        
Balance at beginning of period at Mar. 31, 2026 914,724     $ 538     $ 0     $ 0 1,424,207 (159,858) 5,760 (355,923)
Balance at beginning of period (in shares) at Mar. 31, 2026       54,641     0     0        
Increase (Decrease) in Shareholders' Equity                            
Net (loss) earnings (230,667)                     (230,667)    
Other comprehensive (loss) income (2,212)                       (2,212)  
Stock-based compensation expense 6,317                   6,317      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (270)                   (270)      
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)       71                    
Adjustment pursuant to the tax sharing agreement with IAC as part of the Distribution (137)                   (137)      
Other (130)                   (130)      
Balance at end of period at Jun. 30, 2026 $ 687,625     $ 538     $ 0     $ 0 $ 1,429,987 $ (390,525) $ 3,548 $ (355,923)
Balance at end of period (in shares) at Jun. 30, 2026       54,712     0     0