Angi homeservices inc. (ANGI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Revenue from Contract with Customer, Excluding Assessed Tax

343,650

321,508

357,358

343,896

303,443

278,992

303,116

294,822

255,311

223,213

181,717

180,711

150,745

Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)

33,229

12,448

13,312

10,722

10,011

13,426

14,015

14,703

13,595

11,682

7,999

7,562

6,830

Selling and marketing expense

189,959

166,212

195,542

196,167

175,302

125,282

136,412

141,843

137,932

126,386

130,866

110,922

95,866

General and administrative expense

94,556

93,461

82,344

88,013

84,429

85,350

82,154

79,688

76,270

82,471

129,088

52,152

36,722

Product development expense

17,084

17,293

16,021

15,082

15,804

16,392

15,309

13,662

15,780

15,378

20,010

6,943

5,576

Depreciation, Nonproduction

12,138

12,876

11,244

8,796

6,999

6,140

6,100

5,886

6,184

4,838

3,491

3,218

2,996

Amortization of Intangible Assets

12,980

13,061

14,169

13,713

14,539

14,517

15,611

15,778

16,306

16,376

2,768

2,750

1,367

Total operating costs and expenses

359,946

315,351

332,632

332,493

307,084

261,107

269,601

271,560

266,067

257,131

294,222

183,547

149,357

Operating Income (Loss)

-16,296

6,157

24,726

11,403

-3,641

17,885

33,515

23,262

-10,756

-33,918

-112,505

-2,836

1,388

Interest Expense

2,274

-

3,007

2,963

2,994

-

3,132

3,011

2,654

-

0

0

0

Interest expense—related party

-

-

0

0

-

16

23

34

45

433

1,864

2,082

1,592

Other income, net

421

1,687

1,505

1,047

2,271

14,884

1,566

1,053

356

-126

1,364

505

231

Loss before income taxes

-18,149

5,299

23,224

9,487

-4,364

29,927

31,926

21,270

-13,099

-36,242

-113,005

-4,413

27

Income Tax Expense (Benefit)

-8,965

5,394

4,900

2,253

-14,215

-6,885

5,140

-1,753

-3,985

22,001

-40,847

-4,400

-25,860

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-9,184

-95

18,324

7,234

9,851

36,812

26,786

23,023

-9,114

-58,231

-72,158

-25

25,887

Net Income (Loss) Attributable to Noncontrolling Interest

-226

12

325

266

-118

125

169

124

-229

-7

-397

-279

-726

Net (loss) earnings attributable to ANGI Homeservices Inc. shareholders

-8,958

-107

17,999

6,968

9,969

36,687

26,617

22,899

-8,885

-58,224

-71,761

254

26,613

Earnings Per Share, Basic and Diluted [Abstract]
Basic (loss) earnings per share (USD per share)

-0.02

0.00

0.04

0.01

0.02

0.07

0.06

0.05

-0.02

-0.13

-0.17

0.00

0.06

Diluted (loss) earnings per share (USD per share)

-0.02

0.00

0.04

0.01

0.02

0.07

0.05

0.05

-0.02

-0.13

-0.17

0.00

0.06

Stock-based compensation expense by function:
Stock-based compensation expense

25,575

22,669

8,784

17,520

19,282

27,645

22,474

22,053

24,906

28,950

103,980

11,839

4,461

Cost of revenue
Stock-based compensation expense

-

-

0

0

-

-

0

0

0

0

9

8

2

Selling and marketing expense
Stock-based compensation expense

1,003

916

796

1,046

959

842

868

997

661

5,361

19,709

195

498

General and administrative expense
Stock-based compensation expense

22,980

19,351

6,375

14,642

16,107

23,697

19,326

19,311

21,694

21,012

71,732

11,302

3,616

Product development expense
Stock-based compensation expense

1,592

2,402

1,613

1,832

2,216

3,106

2,280

1,745

2,551

2,577

12,530

334

345