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Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2019	Jan. 31, 2020	Jun. 30, 2019
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2019
Document Transition Report	false
Entity File Number	001-38220
Entity Registrant Name	ANGI HOMESERVICES INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-1204801
Entity Address, Address Line One	3601 Walnut Street
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80205
City Area Code	303
Local Phone Number	963-7200
Title of 12(b) Security	Class A Common Stock, par value $0.001
Trading Symbol	ANGI
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 1,109,210,119
Entity Central Index Key	0001705110
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		79,566,380
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		421,569,641
Class C Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		0

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 390,565	$ 336,984
Marketable securities		24,947
Accounts receivable, net of allowance and reserves of $20,293 and $16,603, respectively	41,669	27,263
Other current assets	67,759	84,933
Total current assets	499,993	474,127
Right-of-use assets, net	101,243	0
Capitalized software, leasehold improvements and equipment, net	103,361	70,859
Goodwill	883,960	894,709
Intangible assets, net	251,725	304,295
Deferred income taxes	72,581	40,837
Other non-current assets	8,748	23,200
TOTAL ASSETS	1,921,611	1,808,027
LIABILITIES:
Current portion of long-term debt	13,750	13,750
Accounts payable	25,987	20,083
Deferred revenue	58,220	61,417
Accrued expenses and other current liabilities	116,997	105,987
Total current liabilities	214,954	201,237
Long-term debt, net	231,946	244,971
Long-term debt—related party, net	0	1,015
Deferred income taxes	3,441	3,808
Other long-term liabilities	121,055	16,846
Redeemable noncontrolling interests	26,663	18,163
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Additional paid-in capital	1,357,075	1,333,097
Retained earnings (accumulated deficit)	16,032	(18,797)
Accumulated other comprehensive loss	(1,379)	(1,861)
Treasury stock, 7,326 and no shares, respectively	(57,949)	0
Total ANGI Homeservices Inc. shareholders' equity	1,314,288	1,312,941
Noncontrolling interests	9,264	9,046
Total shareholders' equity	1,323,552	1,321,987
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,921,611	1,808,027
Class A common stock, $0.001 par value; authorized 2,000,000 shares, issued 87,007 and 80,515 shares, respectively, and outstanding 79,681 and 80,515, respectively
SHAREHOLDERS' EQUITY:
Common stock	87	81
Class B convertible common stock, $0.001 par value; authorized 1,500,000 shares; 421,570 and 421,118 shares issued and outstanding
SHAREHOLDERS' EQUITY:
Common stock	422	421
Class C common stock, $0.001 par value; authorized 1,500,000 shares; no shares issued and outstanding
SHAREHOLDERS' EQUITY:
Common stock	$ 0	$ 0

CONSOLIDATED AND COMBINED BALANCE SHEET (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accounts receivable allowance	$ 20,293	$ 16,603
Class A Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	2,000,000,000	2,000,000,000
Common stock issued (shares)	87,007,000	80,515,000
Common stock outstanding (shares)	79,681,000	80,515,000
Class B Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	1,500,000,000	1,500,000,000
Common stock issued (shares)	421,570,000	421,118,000
Common stock outstanding (shares)	421,570,000	421,118,000
Class C Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	1,500,000,000	1,500,000,000
Common stock issued (shares)	0	0
Common stock outstanding (shares)	0	0

CONSOLIDATED AND COMBINED STATEMENT OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue	$ 1,326,205	$ 1,132,241	$ 736,386
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	46,493	55,739	34,073
Selling and marketing expense	733,223	541,469	464,040
General and administrative expense	348,247	323,462	300,433
Product development expense	64,200	61,143	47,907
Depreciation	39,915	24,310	14,543
Amortization of intangibles	55,482	62,212	23,261
Total operating costs and expenses	1,287,560	1,068,335	884,257
Operating income (loss)	38,645	63,906	(147,871)
Interest expense—third-party	(11,493)	(11,623)	(1,765)
Interest expense—related party	(16)	(118)	(5,971)
Other income, net	6,510	17,859	1,974
Earnings (loss) before income taxes	33,646	70,024	(153,633)
Income tax benefit	1,668	7,483	49,106
Net earnings (loss)	35,314	77,507	(104,527)
Net (earnings) loss attributable to noncontrolling interests	(485)	(189)	1,409
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$ 34,829	$ 77,318	$ (103,118)
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic earnings (loss) per share (USD per share)	$ 0.07	$ 0.16	$ (0.24)
Diluted earnings (loss) per share (USD per share)	$ 0.07	$ 0.15	$ (0.24)
Stock-based compensation expense by function:
Stock-based compensation expense	$ 68,255	$ 97,078	$ 149,230
Cost of revenue
Stock-based compensation expense by function:
Stock-based compensation expense			19
Selling and marketing expense
Stock-based compensation expense by function:
Stock-based compensation expense	3,717	3,368	25,763
General and administrative expense
Stock-based compensation expense by function:
Stock-based compensation expense	56,475	84,028	107,662
Product development expense
Stock-based compensation expense by function:
Stock-based compensation expense	$ 8,063	$ 9,682	$ 15,786

CONSOLIDATED AND COMBINED STATEMENT OF COMPREHENSIVE OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 35,314	$ 77,507	$ (104,527)
Other comprehensive income (loss):
Change in foreign currency translation adjustment	399	(4,862)	4,968
Change in unrealized gains and losses on available-for-sale debt securities	(3)	3
Total other comprehensive income (loss)	396	(4,859)	4,968
Comprehensive income (loss)	35,710	72,648	(99,559)
Components of comprehensive (income) loss attributable to noncontrolling interests:
Net (earnings) loss attributable to noncontrolling interests	(485)	(189)	1,409
Change in foreign currency translation adjustment attributable to noncontrolling interests	86	766	(1,015)
Comprehensive (income) loss attributable to noncontrolling interests	(399)	577	394
Comprehensive income (loss) attributable to ANGI Homeservices Inc. shareholders	$ 35,311	$ 73,225	$ (99,165)

CONSOLIDATED AND COMBINED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Class A Common Stock	Total ANGI Homeservices Inc. Shareholders' Equity and Invested Capital	Redeemable Noncontrolling Interests	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Common Stock Class C Common Stock	Additional Paid-in Capital	(Accumulated Deficit) Retained Earnings	Invested Capital	Accumulated Other Comprehensive (Loss) Income	Treasury Stock	Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2016	$ 162,613		$ 153,131	$ 13,781	$ 0	$ 0	$ 0	$ 0	$ 0	$ 154,852	$ (1,721)	$ 0	$ 9,482
Balance at the beginning of the period (shares) at Dec. 31, 2016					0	0	0
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	(103,136)		(103,118)	(1,391)					(121,764)	18,646			(18)
Other comprehensive income (loss)	4,210		3,953	758							3,953		257
Net increase in IAC’s investment in HomeAdvisor prior to the Combination	46,339		46,339							46,339
Contribution of IAC's HomeAdvisor business to ANGI Homeservices Inc. and Combination with Angie's List	779,471		779,471		$ 61	$ 415		997,107		(218,112)
Contribution of IAC's HomeAdvisor business to ANGI Homeservices Inc. and Combination with Angie's List (shares)					61,291	414,754
Stock-based compensation expense	125,451		125,451	2,017				125,451
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(8,490)		(8,490)		$ 2			(8,492)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)					1,527
Issuance of common stock to IAC pursuant to the employee matters agreement	0
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)						432
Redeemable noncontrolling interests created in acquisitions	0			14,758
Purchase of noncontrolling interests				(11,991)
Purchase of noncontrolling interests	(848)												(848)
Adjustment of redeemable noncontrolling interests to fair value	(3,332)		(3,332)	3,332				(1,607)		(1,725)
Other	816		(59)	36				(59)					875
Balance at end of period at Dec. 31, 2017	1,003,094		993,346	21,300	$ 63	$ 415	$ 0	1,112,400	(121,764)	0	2,232	0	9,748
Balance at the end of the period (shares) at Dec. 31, 2017					62,818	415,186	0
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	77,653		77,318	(146)					77,318				335
Other comprehensive income (loss)	(4,277)		(4,093)	(582)							(4,093)		(184)
Stock-based compensation expense	95,940		95,940	1,138				95,940
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(25,091)		(25,091)		$ 9			(25,100)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)					9,111
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 (shares)						856
Issuance of common stock to IAC pursuant to the post-closing adjustment provision of the Angie's List merger agreement	0					$ 5		(5)
Issuance of common stock to IAC pursuant to the post-closing adjustment provision of the Angie's List merger agreement (shares)						5,076
Issuance of common stock to the equity holders of Handy Technologies, Inc. pursuant to the merger agreement	165,797		165,797		$ 9			165,788
Issuance of common stock to the equity holders of Handy Technologies, Inc. pursuant to the merger agreement (shares)					8,586
Distribution to IAC pursuant to the tax sharing agreement	(12,100)		(12,100)					(12,100)
Purchase of treasury stock		$ (57,900)
Purchase of noncontrolling interests				(4,825)
Purchase of noncontrolling interests	(1,236)												(1,236)
Adjustment of redeemable noncontrolling interests to fair value	(1,244)		(1,244)	1,244				(1,244)
Other	(2,198)		(2,581)	34				(2,581)					383
Balance at end of period at Dec. 31, 2018	1,321,987		1,312,941	18,163	$ 81	$ 421	$ 0	1,333,097	(18,797)	0	(1,861)	0	9,046
Balance at the end of the period (shares) at Dec. 31, 2018					80,515	421,118	0
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	35,172		34,829	142					34,829				343
Other comprehensive income (loss)	357		482	39							482		(125)
Stock-based compensation expense	65,815		65,815	148				65,815
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(32,957)		(32,957)		$ 6			(32,963)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)					6,492
Issuance of common stock to IAC pursuant to the employee matters agreement	(1,765)		(1,765)			$ 1		(1,766)
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)						452
Purchase of treasury stock	(57,949)		(57,949)									(57,949)
Adjustments to Additional Paid in Capital, Tax Sharing Agreement	1,151		1,151					1,151
Purchase of noncontrolling interests				(71)
Adjustment of redeemable noncontrolling interests to fair value	(8,242)		(8,242)	8,242				(8,242)
Other	(17)		(17)	0				(17)
Balance at end of period at Dec. 31, 2019	$ 1,323,552		$ 1,314,288	$ 26,663	$ 87	$ 422	$ 0	$ 1,357,075	$ 16,032	$ 0	$ (1,379)	$ (57,949)	$ 9,264
Balance at the end of the period (shares) at Dec. 31, 2019					87,007	421,570	0

CONSOLIDATED AND COMBINED STATEMENT OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Class A Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Class B Common Stock
Common stock, par value (USD per share)	0.001	0.001
Class C Common Stock
Common stock, par value (USD per share)	0.001	0.001
Common Stock \| Class A Common Stock
Common stock, par value (USD per share)	0.001	0.001	$ 0.001
Common Stock \| Class B Common Stock
Common stock, par value (USD per share)	0.001	0.001	0.001
Common Stock \| Class C Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001	$ 0.001

CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net earnings (loss)	$ 35,314	$ 77,507	$ (104,527)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Stock-based compensation expense	68,255	97,078	149,230
Amortization of intangibles	55,482	62,212	23,261
Bad debt expense	64,278	47,242	27,514
Depreciation	39,915	24,310	14,543
Deferred income taxes	(3,250)	(8,368)	(48,350)
Loss (gain) from the sale of a business	218	(13,237)	0
Other adjustments, net	7,987	(519)	(911)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable	(78,954)	(47,686)	(33,179)
Other assets	13,382	(12,959)	4,523
Accounts payable and other liabilities	13,627	(576)	778
Income taxes payable and receivable	1,650	725	(2,054)
Deferred revenue	(3,743)	(2,029)	10,995
Net cash provided by operating activities	214,161	223,700	41,823
Cash flows from investing activities:
Acquisitions, net of cash acquired	(20,341)	3,669	(66,340)
Capital expenditures	(68,804)	(46,976)	(26,837)
Proceeds from maturities of marketable debt securities	25,000	35,000
Purchases of marketable debt securities	0	(59,671)	0
Net proceeds from the sale of a business	23,615	0	0
Proceeds from sale of fixed assets		10,412
Other, net	(103)	(25)
Net cash used in investing activities	(40,633)	(57,591)	(93,177)
Cash flows from financing activities:
Borrowings under term loan	0	0	275,000
Principal payments on term loan	(13,750)	(13,750)	0
Debt issuance costs	0	(2,168)	(3,013)
Proceeds from issuance of related party debt	0	0	131,360
Principal payments on related party debt	(1,008)	(1,904)	(181,580)
Purchase of treasury stock	(56,905)	0	0
Proceeds from the exercise of stock options	573	4,693	1,653
Withholding taxes paid on behalf of employees on net settled stock-based awards	(35,284)	(29,844)	(10,113)
Transfers from IAC for periods prior to the Combination	0	0	24,178
Distribution to IAC pursuant to tax sharing agreement	(11,355)	0	0
Purchase of noncontrolling interests	(71)	(6,061)	(12,789)
Other, net	(3,732)	13	37
Net cash (used in) provided by financing activities	(121,532)	(49,021)	224,733
Total cash provided	51,996	117,088	173,379
Effect of exchange rate changes on cash and cash equivalents and restricted cash	661	212	1,217
Net increase in cash and cash equivalents and restricted cash	52,657	117,300	174,596
Cash and cash equivalents and restricted cash at beginning of period	338,821	221,521	46,925
Cash and cash equivalents and restricted cash at end of period	$ 391,478	$ 338,821	$ 221,521

ORGANIZATION	12 Months Ended
ORGANIZATION	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	ORGANIZATION ANGI Homeservices Inc. connects quality home service professionals across 500 different categories, from repairing and remodeling to cleaning and landscaping, with consumers. Over 250,000 domestic service professionals find work through ANGI Homeservices, and consumers turn to at least one of our brands to find a professional for more than 25 million projects each year. We've established category-transforming products with brands such as HomeAdvisor, Angie’s List, Handy and Fixd Repair. On September 29, 2017, IAC/InterActiveCorp's ("IAC") HomeAdvisor business and Angie's List Inc. ("Angie's List") combined under a new publicly traded company called ANGI Homeservices Inc. (the "Combination"). At December 31, 2019, IAC owned 84.1% and 98.1% of the economic interest and voting interest, respectively, of ANGI Homeservices. See "Note 4—Business Combinations" for additional information related to the Combination. The HomeAdvisor digital marketplace service connects consumers with service professionals nationwide for home repair, maintenance and improvement projects. HomeAdvisor provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, as well as instantly book appointments with those professionals online or connect with them by telephone. Effective September 29, 2017, the Company also owns and operates Angie’s List, which connects consumers with service professionals for local services through a nationwide online directory of service professionals in over 700 service categories, as well as provides consumers with valuable tools, services and content, including verified reviews of local service professionals, to help them research, shop and hire for local services. On October 19, 2018, the Company acquired Handy Technologies, Inc. ("Handy"), a leading platform for connecting individuals looking for household services (primarily cleaning and handyman services) with top-quality, pre-screened independent service professionals. Together, we refer to the HomeAdvisor and Handy businesses in the United States as the ("Marketplace"). On January 25, 2019, the Company completed the acquisition of Fixd Repair, a home warranty and service company. We also own and operate mHelpDesk, a provider of cloud-based field service software for small to mid-size businesses. Prior to its sale on December 31, 2018, the Company also operated Felix, a pay-per-call advertising service business that was included in our North America segment. In addition to its market-leading U.S. operations, ANGI Homeservices owns leading home services online marketplaces in France (Travaux), Germany (MyHammer), Netherlands (Werkspot), United Kingdom (MyBuilder), Canada (HomeStars) and Italy (Instapro), as well as operations in Austria (MyHammer). The Company has two operating segments: (i) North America (United States and Canada), which includes HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, Fixd Repair and Felix, for periods prior to its sale on December 31, 2018, and (ii) Europe, which includes Travaux, MyHammer, MyBuilder, Werkspot and Instapro. As used herein, "ANGI Homeservices," the "Company," "ANGI," "we," "our" or "us" and similar terms refer to ANGI Homeservices Inc and its subsidiaries (unless the context requires otherwise).

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Consolidation

The Company prepares its consolidated and combined financial statements in accordance with U.S. generally accepted accounting principles ("GAAP"). The Company's financial statements were prepared on a consolidated basis beginning September 29, 2017 and on a combined basis for periods prior thereto. The difference in presentation is due to the fact that the final steps of the legal reorganization, through which IAC contributed the HomeAdvisor business and cash to fund the cash consideration paid in the Combination to ANGI Homeservices Inc., were not completed, as planned, until immediately prior to September 29, 2017. The preparation of the financial statements on a combined basis for periods prior thereto allows for the financial statements to be presented on a consistent basis for all periods presented. The combined financial statements have been prepared on a standalone basis and are derived from the historical consolidated financial statements and accounting records of IAC through September 29, 2017. The combined financial statements reflect the results of operations and cash flows of the businesses comprising the HomeAdvisor business since their respective dates of acquisition by IAC. The consolidated financial statements include the accounts of the Company, all entities that are wholly-owned by the Company and all entities in which the Company has a controlling financial interest.

The combined financial statements reflect the allocation to ANGI Homeservices of certain IAC corporate expenses relating to the HomeAdvisor business based on the historical consolidated financial statements and accounting records of IAC through September 29, 2017. For the purpose of these financial statements, income taxes have been computed as if ANGI Homeservices filed tax returns on a standalone, separate basis.

All intercompany transactions and balances between and among the Company and its subsidiaries have been eliminated. All intercompany transactions between (i) ANGI Homeservices and (ii) IAC and its subsidiaries, with the exception of a promissory note payable to a foreign subsidiary of IAC, are considered to be effectively settled for cash at the time the transaction is recorded. The promissory note payable to a foreign subsidiary of IAC is included in "Long-term debt—related party" in the accompanying consolidated balance sheet and was settled during the first quarter of 2019. See "Note 15—Related Party Transactions with IAC" for additional information on transactions between ANGI Homeservices and IAC.

In the opinion of management, the assumptions underlying the historical consolidated and combined financial statements, including the basis on which the expenses have been allocated from IAC, are reasonable. However, the allocations may not reflect the expenses that we may have incurred as a standalone public company for the periods presented.

Accounting Estimates

Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its consolidated and combined 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 contingent assets and liabilities. Actual results could differ from these estimates.

On an ongoing basis, the Company evaluates its estimates and judgments, including those related to: the fair values of cash equivalents and marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts; the determination of revenue reserves; the carrying value of right-of-use assets ("ROU assets"); the useful lives and recoverability of definite-lived intangible assets and capitalized software, leasehold improvements and equipment; the recoverability of goodwill and indefinite-lived intangible assets; 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 and judgments on historical experience, its forecasts and budgets and other factors that the Company considers relevant.

Revenue Recognition

The Company adopted the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers, effective January 1, 2018 using the modified retrospective transition method for open contracts as of the date of initial application. The effect of the adoption of ASU No. 2014-09 was that commissions paid to employees pursuant to certain sales incentive programs, which represent the incremental direct costs of obtaining a service professional contract, are now capitalized and amortized over the estimated life of a service professional (also referred to as the estimated customer relationship period). These costs were expensed as incurred prior to January 1, 2018. The cumulative effect of the adoption of ASU No. 2014-09 was the establishment of a current and non-current asset for capitalized sales commissions of $29.7 million and $4.2 million, respectively, and a related deferred tax liability of $8.3 million, resulting in a net increase to retained earnings of $25.6 million on January 1, 2018.

The Company's disaggregated revenue disclosures are presented in "Note 12—Segment Information."

The following table presents the impact of the adoption of ASU No. 2014-09 by segment under Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers, as reported, and ASC 605, Revenue Recognition, for the year ended December 31, 2018.



	Under ASC 606 (as reported)			Under ASC 605			Effect of adoption of ASU No. 2014-09
	(In thousands)
Revenue by segment:
North America	$	1,062,171		$	1,062,171		$	—
Europe	70,070			70,070			—
Total	$	1,132,241		$	1,132,241		$	—

Operating costs and expenses by segment:
North America	$	984,069		$	989,004		$	(4,935	)
Europe	84,266			84,271			(5		)
Total	$	1,068,335		$	1,073,275		$	(4,940	)

Operating income (loss) by segment:
North America	$	78,102		$	73,167		$	4,935
Europe	(14,196		)	(14,201		)	5
Total	$	63,906		$	58,966		$	4,940

Net earnings	$	77,507		$	73,792		$	3,715

The Company accounts for a contract with a customer when it has approval and commitment from all parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Revenue is recognized when control of the promised services or goods is transferred to our customers and in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services or goods.

Revenue is primarily derived from (i) consumer connection revenue, which comprises fees paid by HomeAdvisor service professionals for consumer matches (regardless of whether the service professional ultimately provides the requested service) and fees from completed jobs sourced through the HomeAdvisor and Handy platforms, and (ii) HomeAdvisor service professional membership subscription fees. Consumer connection revenue varies based upon several factors, including the service requested, product experience offered and geographic location of service. The Company’s consumer connection revenue is generated and recognized when an in-network service professional is delivered a consumer match or when a job sourced through the HomeAdvisor and Handy platforms are completed. Service professional membership subscription revenue is initially deferred and is recognized using the straight-line method over the applicable subscription period, which is typically one year. Consumer connection revenue is generally billed one week following a consumer match, with payment due upon receipt of invoice or collected when a consumer schedules a job through the HomeAdvisor and Handy platforms. The Company maintains revenue reserves for potential credits for services provided by Handy service professionals to consumers.

Revenue is also derived from (i) sales of time-based website, mobile and call center advertising to service professionals, (ii) membership subscription fees from consumers and (iii) service warranty subscription and other services. Angie's List service professionals generally pay for advertisements in advance on a monthly or annual basis at the option of the service professional, with the average advertising contract term being approximately one year. Angie's List website, mobile and call center advertising revenue is recognized ratably over the contract term. Revenue from the sale of advertising in the Angie’s List Magazine is recognized in the period in which the publication is distributed. Angie's List prepaid consumer membership

subscription fees are recognized as revenue using the straight-line method over the term of the applicable subscription period, which is typically one year.

Prior to January 1, 2020, Handy recorded revenue on a net basis. Effective January 1, 2020, we modified the Handy terms and conditions so that Handy, rather than the service professional, has the contractual relationship with the consumer to deliver the service and Handy, rather than the consumer, has the contractual relationship with the service professional. Consumers request services and pay for such services directly through the Handy platform and then Handy fulfills the request with independently established home services providers engaged in a trade, occupation and/or business that customarily provides such services. This change in contractual terms requires gross revenue accounting treatment effective January 1, 2020. Also, in the case of certain tasks, HomeAdvisor provides a pre-priced product offering, pursuant to which consumers can request services through a HomeAdvisor platform and pay HomeAdvisor for the services directly. HomeAdvisor then fulfills the request with independently established home services providers engaged in a trade, occupation and/or business that customarily provides such services. Revenue from HomeAdvisor’s pre-priced product offering is also recorded on a gross basis effective January 1, 2020. In addition to changing the presentation of revenue to gross from net, the timing of revenue recognition will change for pre-priced jobs and will be later than the timing of existing consumer connection revenue for HomeAdvisor because we will not be able to record revenue, generally, until the service professional commences the job on our behalf.

Transaction Price

The objective of determining the transaction price is to estimate the amount of consideration the Company is due in exchange for its services or goods, including amounts that are variable. The Company determines the total transaction price, including an estimate of any variable consideration, at contract inception and reassesses this estimate each reporting period.

The Company excludes from the measurement of transaction price all taxes assessed by governmental authorities that are both (i) imposed on and concurrent with a specific revenue-producing transaction and (ii) collected from customers. Accordingly, such tax amounts are not included as a component of net revenue or cost of revenue.

For contracts that have an original duration of one year or less, the Company uses the practical expedient available under ASU No. 2014-09, applicable to such contracts and does not consider the time value of money.

Arrangements with Multiple Performance Obligations

The Company’s contracts with customers may include multiple performance obligations. For such arrangements, the Company allocates revenue to each performance obligation based on its relative standalone selling price. The Company generally determines standalone selling prices based on the prices charged to customers, which are directly observable or based on an estimate if not directly observable.

Assets Recognized from the Costs to Obtain a Contract with a Customer

The Company has determined that certain costs, primarily commissions paid to employees pursuant to certain sales incentive programs, meet the requirements to be capitalized as a cost of obtaining a contract. Capitalized sales commissions are amortized over the estimated customer relationship period. The Company calculates the estimated customer relationship period as the average customer life, which is based on historical data. When customer renewals are expected and the renewal commission is not commensurate with the initial commission, the average customer life includes renewal periods. For sales incentive programs where the customer relationship period is one year or less, the Company has elected the practical expedient to expense the costs as incurred.

During the years ended December 31, 2019 and 2018, the Company recognized expense of $56.8 million and $50.0 million, respectively, related to the amortization of these costs. The current contract assets are $35.1 million, $35.5 million and $29.7 million at December 31, 2019 and 2018, and January 1, 2018, respectively. The non-current contract asset balances are $4.0 million, $3.4 million and $4.2 million at December 31, 2019 and 2018, and January 1, 2018, respectively. The current and non-current contract assets are included in "Other current assets" and "Other non-current assets," respectively, in the accompanying consolidated balance sheet.

Performance Obligations

As permitted under the practical expedient available under ASU No. 2014-09, the Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which the Company recognizes revenue at the amount which we have the right to invoice for services performed.

Accounts Receivable, Net of Allowance for Doubtful Accounts and Revenue Reserves

Accounts receivable include amounts billed and currently due from customers. Accounts receivable outstanding longer than the contractual payment terms are considered past due. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be collected. The allowance for doubtful accounts is based upon a number of factors, including the length of time accounts receivable are past due, the Company’s previous loss history and the specific customer’s ability to pay its obligation to the Company. The term between the Company issuance of an invoice and payment due date is not significant. The Company also maintains allowances to reserve for potential credits issued to service professionals or other revenue adjustments. The amounts of these reserves are based primarily upon historical experience.

Deferred Revenue

Deferred revenue consists of payments that are received or are contractually due in advance of the Company's performance. The Company’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the term of the applicable subscription period or expected completion of our performance obligation is one year or less. The deferred revenue balance is $58.4 million, $61.9 million and $64.1 million at December 31, 2019 and 2018, and January 1, 2018, respectively. During the years ended December 31, 2019 and 2018, the Company recognized $61.0 million and $61.2 million of revenue that was included in the deferred revenue balance at December 31, 2018 and January 1, 2018, respectively. The current deferred revenue balances are $58.2 million and $61.4 million at December 31, 2019 and 2018, respectively. The non-current deferred revenue balances are $0.2 million and $0.5 million at December 31, 2019 and 2018, respectively. Non-current deferred revenue is included in "Other long-term liabilities" in the accompanying consolidated balance sheet.

Cash and Cash Equivalents

Cash and cash equivalents include cash and short-term investments, with maturities of less than 91 days from the date of purchase. Domestically, cash equivalents consist of AAA rated government money market funds, treasury discount notes, commercial paper, time deposits and certificates of deposit. Internationally, there are no cash equivalents at December 31, 2019 and 2018.

Investments in Marketable Debt Securities

The Company invests in marketable debt securities with active secondary or resale markets to ensure portfolio liquidity to fund current operations or satisfy other cash requirements as needed. Marketable debt securities are adjusted to fair value each quarter, and the unrealized gains and losses, net of tax, are included in accumulated other comprehensive income (loss) as a separate component of shareholders' equity. The specific-identification method is used to determine the cost of debt securities sold and the amount of unrealized gains and losses reclassified out of accumulated other comprehensive income (loss) into earnings. We review our debt securities for impairment each reporting period. The Company recognizes an unrealized loss on debt securities in net earnings when the impairment is determined to be other-than-temporary. Factors we consider in making such determination include the duration, severity and reason for the decline in value and the potential recovery and our intent to sell the debt security. We also consider whether we will be required to sell the security before recovery of its amortized cost basis and whether the amortized cost basis cannot be recovered because of credit losses. If an impairment is considered to be other-than-temporary, the debt security will be written down to its fair value and the loss will be recognized within other income (expense), net. The Company held no marketable debt securities at December 31, 2019. At December 31, 2018, marketable debt securities consisted of treasury discount notes.

Capitalized Software, Leasehold Improvements and Equipment

Capitalized software, leasehold improvements and equipment, including significant improvements, are recorded at cost. Repairs and maintenance costs are expensed as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, or, in the case of leasehold improvements, the lease term, if shorter.



Asset Category		Estimated Useful Lives
Capitalized software and computer equipment		2 to 3 Years
Furniture and other equipment		5 to 7 Years
Leasehold improvements		5 to 25 Years

The Company capitalizes certain internal use software costs including external direct costs utilized in developing or obtaining the software and compensation for personnel directly associated with the development of the software. Capitalization of such costs begins when the preliminary project stage is complete and ceases when the project is substantially complete and ready for its intended purpose. The net book value of capitalized internal use software is $56.3 million and $37.6 million at December 31, 2019 and 2018, respectively.

Business Combinations

The purchase price of each acquisition is attributed to the assets acquired and liabilities assumed based on their fair values at the date of acquisition, including identifiable intangible assets that either arise from a contractual or legal right or are separable from goodwill. The Company usually uses the assistance of outside valuation experts to assist in the allocation of purchase price to identifiable intangible assets acquired. While outside valuation experts may be used, management has ultimate responsibility for the valuation methods, models and inputs used and the resulting purchase price allocation. The excess purchase price over the net tangible and identifiable intangible assets is recorded as goodwill and is assigned to the reporting unit(s) that is expected to benefit from the combination as of the acquisition date.

Goodwill and Indefinite-Lived Intangible Assets

The Company assesses goodwill and indefinite-lived intangible assets for impairment annually as of October 1, or more frequently if an event occurs or circumstances change that would indicate that it is more likely than not that the fair value of a reporting unit or the fair value of an indefinite-lived intangible asset has declined below its carrying value. At October 1, 2019, the Company has two reporting units: North America and Europe.

When the Company elects to perform a qualitative assessment and concludes it is not more likely than not that the fair value of the reporting unit is less than its carrying value, no further assessment of that reporting unit’s goodwill is necessary; otherwise, a quantitative assessment is performed and the fair value of the reporting unit is determined. If the carrying value of the reporting unit exceeds its fair value an impairment equal to the excess is recorded.

For the Company’s annual goodwill test at October 1, 2019, a qualitative assessment of the North America and Europe reporting units' goodwill was performed because the Company concluded it was more likely than not that the fair value of these reporting units was in excess of their respective carrying values. In the aggregate, ANGI Homeservices' October 1, 2019 market capitalization of $3.6 billion exceeded its carrying value by approximately $2.2 billion. The primary factor that the Company considered in its qualitative assessment for its Europe reporting unit were valuations performed during 2019 that indicated a fair value in excess of the carrying value. The fair value based on the valuation that was most proximate to, but not as of, October 1, 2019 exceeded the carrying value of the Europe reporting unit by $113.3 million. The primary factor that the Company considered in its qualitative assessment for its North America reporting unit was the significant excess of the estimated fair value of the North America reporting unit over its carrying value. The fair value of the North America reporting unit was estimated by subtracting the fair value of the Europe reporting unit, based on the valuation described above, from the October 1, 2019 market capitalization of the Company; the estimated fair value of the North America reporting unit exceeded its carrying value by approximately $2.1 billion.

The fair value of the Company's Europe reporting unit is determined using both an income approach based on discounted cash flows ("DCF") and a market approach when it tests goodwill for impairment, either on an interim basis or annual basis as of October 1 each year. Determining fair value using a DCF analysis requires the exercise of significant judgment with respect to several items, including the amount and timing of expected future cash flows and appropriate discount rates. The expected cash flows used in the DCF analyses are based on the Company's most recent forecast and budget and, for years beyond the budget, the Company's estimates, which are based, in part, on forecasted growth rates. The discount rates used in the DCF analyses are intended to reflect the risks inherent in the expected future cash flows of the respective reporting units. Assumptions used in the DCF analyses, including the discount rate, are assessed based on the reporting units' current results and forecasted future performance, as well as macroeconomic and industry specific factors. The discount rate used in determining the fair value of the Company's Europe reporting unit was 15% in both 2019 and 2018. Determining fair value using a market approach considers multiples of financial metrics based on both acquisitions and trading multiples of a selected peer group of companies. From the comparable companies, a representative market multiple is determined which is applied to financial metrics to estimate the fair value of a reporting unit. To determine a peer group of companies for our respective reporting units, we considered companies relevant in terms of consumer use, monetization model, margin and growth characteristics, and brand strength operating in their respective sectors.

While the Company has the option to qualitatively assess whether it is more likely than not that the fair values of its indefinite-lived intangible assets are less than their carrying values, the Company’s policy is to determine the fair value of each of its indefinite-lived intangible assets annually as of October 1, in part, because the level of effort required to perform the quantitative and qualitative assessments is essentially equivalent. The Company determines the fair value of indefinite-lived intangible assets using an avoided royalty DCF valuation analysis. Significant judgments inherent in this analysis include the selection of appropriate royalty and discount rates and estimating the amount and timing of expected future cash flows. The discount rates used in the DCF analyses are intended to reflect the risks inherent in the expected future cash flows generated by the respective intangible assets. The royalty rates used in the DCF analyses are based upon an estimate of the royalty rates that a market participant would pay to license the Company’s trade names and trademarks. Assumptions used in the avoided royalty DCF analyses, including the discount rate and royalty rate, are assessed annually based on the actual and projected cash flows related to the asset, as well as macroeconomic and industry specific factors. The discount rates used in the Company’s annual indefinite-lived impairment assessment ranged from 11.5% to 27.5% in both 2019 and 2018, and the royalty rates used ranged from 1.5% to 5.5% in both 2019 and 2018.

The 2019, 2018 and 2017 annual assessments of goodwill and indefinite-lived intangible assets identified no impairments.

Long-Lived Assets and Intangible Assets with Definite Lives

Long-lived assets, which consist of ROU assets, capitalized software, leasehold improvements and equipment and intangible assets with definite lives, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. The carrying value of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If the carrying value is deemed not to be recoverable, an impairment loss is recorded equal to the amount by which the carrying value of the long-lived asset exceeds its fair value. Amortization of definite-lived intangible assets is computed either on a straight-line basis or based on the pattern in which the economic benefits of the asset will be realized.

Fair Value Measurements

The Company categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are:


•	Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets.

•

Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active and inputs that are derived principally from or corroborated by observable market data. The fair values of the Company's Level 2 financial assets are primarily obtained from observable market prices for identical underlying

securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used.


•	Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities.

The Company’s non-financial assets, such as goodwill, intangible assets, ROU assets, capitalized software, leasehold improvements and equipment are adjusted to fair value only when an impairment is recognized. Such fair value measurements are based predominantly on Level 3 inputs.

Advertising Costs

Advertising costs are expensed in the period incurred (when the advertisement first runs for production costs that are initially capitalized) and represent online marketing, including fees paid to search engines, offline marketing, which is primarily television advertising and partner-related payments to those who direct traffic to our platforms. Advertising expense is $484.3 million, $334.7 million and $282.3 million for the years ended December 31, 2019, 2018 and 2017, respectively.

Legal Costs

Legal costs are expensed as incurred.

Income Taxes

ANGI Homeservices is included within IAC's tax group for purposes of federal and consolidated state income tax return filings. In all periods presented, current and deferred income tax provision/benefit have been computed for ANGI Homeservices on an as if standalone, separate return basis and payments to and refunds from IAC for its share of IAC’s consolidated federal and state tax return liabilities/receivables calculated on this basis have been reflected within cash flows from operating activities in the accompanying consolidated and combined statement of cash flows.

The Company accounts for income taxes under the liability method, and deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided if it is determined that it is more likely than not that the deferred tax asset will not be realized. The Company records interest, net of any applicable related income tax benefit, on potential income tax contingencies as a component of income tax expense.

The Company evaluates and accounts for uncertain tax positions using a two-step approach. Recognition (step one) occurs when the Company concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustainable upon examination. Measurement (step two) determines the amount of benefit that is greater than 50% likely to be realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. De-recognition of a tax position that was previously recognized would occur when the Company subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained.

Earnings Per Share

Basic earnings per share is computed by dividing net earnings attributable to ANGI Homeservices Inc. shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if stock appreciation rights, stock options and other commitments to issue common stock were exercised or equity awards vested resulting in the issuance of common stock that could share in the earnings of the Company.

Foreign Currency Translation and Transaction Gains and Losses

The financial position and operating results of foreign entities whose primary economic environment is based on their local currency are consolidated using the local currency as the functional currency. These local currency assets and liabilities

are translated at the rates of exchange as of the balance sheet date, and local currency revenue and expenses of these operations are translated at average rates of exchange during the period. Translation gains and losses are included in accumulated other comprehensive income as a component of shareholders’ equity. Transaction gains and losses resulting from assets and liabilities denominated in a currency other than the functional currency are included in the consolidated and combined statement of operations as a component of other income (expense), net. Translation gains and losses relating to foreign entities that are liquidated or substantially liquidated are reclassified out of accumulated other comprehensive income (loss) into earnings.

Stock-Based Compensation

Stock-based compensation is measured at the grant date based on the fair value of the award and is expensed over the requisite service period. See "Note 11—Stock‑based Compensation" for a discussion of the Company's stock-based compensation plans.

Redeemable Noncontrolling Interests

Noncontrolling interests in the consolidated subsidiaries of the Company are ordinarily reported on the consolidated balance sheet within shareholders’ equity, separately from the Company’s equity. However, securities that are redeemable at the option of the holder and not solely within the control of the issuer must be classified outside of shareholders’ equity. Accordingly, all noncontrolling interests that are redeemable at the option of the holder are presented outside of shareholders’ equity in the accompanying consolidated balance sheet.

In connection with the acquisition of certain subsidiaries, management of these businesses has retained an ownership interest. The Company is party to fair value put and call arrangements with respect to these interests. These put and call arrangements allow management of these businesses to require the Company to purchase their interests or allow the Company to acquire such interests at fair value, respectively. The put arrangements do not meet the definition of a derivative instrument as the put agreements do not provide for net settlement. These put and call arrangements become exercisable by the Company and the counter-party at various dates. No put and call arrangements were exercised during 2019. During the years ended December 31, 2018 and 2017, one of these arrangements was exercised. Because these put arrangements are exercisable by the counter-party outside the control of the Company, to the extent that the fair value of these interests exceeds the value determined by normal noncontrolling interest accounting, the value of such interests is adjusted to fair value with a corresponding adjustment to additional paid-in capital or invested capital for periods subsequent to and prior to the Combination, respectively. During the years ended December 31, 2019, 2018 and 2017, the Company recorded adjustments of $8.2 million, $1.2 million and $3.3 million, respectively, to increase these interests to fair value. Fair value determinations require high levels of judgment and are based on various valuation techniques, including market comparables and discounted cash flow projections.

Certain Risks and Concentrations

The Company’s business 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.

Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of cash and cash equivalents and marketable debt securities. Cash and cash equivalents are maintained with financial institutions and are in excess of Federal Deposit Insurance Corporation insurance limits.

Recent Accounting Pronouncements

Accounting Pronouncement adopted by the Company

Adoption of ASU No. 2016-02, Leases (Topic 842)

The Company adopted ASU No. 2016-02, Leases (Topic 842) ("ASC 842") effective January 1, 2019. ASC 842 superseded previously existing guidance on accounting for leases and generally requires all leases to be recognized in the statement of financial position.

The adoption of ASC 842 resulted in the recognition of $69.4 million of ROU assets and related lease liabilities as of January 1, 2019, with no cumulative effect adjustment. The adoption of ASC 842 had no impact on the Company’s consolidated statement of operations and consolidated statement of cash flows.

The Company adopted ASC 842 prospectively and, therefore, did not revise comparative period information or disclosure. In addition, the Company elected the package of practical expedients permitted under ASC 842.

See "Note 13—Leases" for additional information on the adoption of ASC 842.

Accounting Pronouncements Not Yet Adopted by the Company

ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

In June 2016, the FASB issued ASU No. 2016-13, which significantly changes how entities will measure credit losses for most financial assets, including accounts receivable. ASU No. 2016-13 replaces the “incurred loss” approach with an “expected loss” model, under which companies will recognize allowances based on expected rather than incurred losses. The Company adopted ASU No. 2016-13 on January 1, 2020 using the modified retrospective approach. The adoption of ASU No. 2016-13 will not have a material impact on the Company's consolidated financial statements.

ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

In December 2019, the FASB issued ASU No. 2019-12, which simplifies the accounting for income taxes, eliminates certain exceptions within ASC 740, Income Taxes, and clarifies certain aspects of the current guidance to promote consistency among reporting entities. The provisions of ASU No. 2019-12 are effective for reporting periods beginning after December 15, 2020 with early adoption permitted. Most amendments within ASU No. 2019-12 are required to be applied on a prospective basis, while certain amendments must be applied on a retrospective or modified retrospective basis. The Company adopted ASU No. 2019-12 on January 1, 2020 using the modified retrospective basis for those amendments that are not applied on a prospective basis. The adoption of ASU No. 2019-12 will not have a material impact on the Company’s consolidated financial statements.

Reclassifications

Certain prior year amounts have been reclassified to conform to the current year presentation.

INCOME TAXES

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

INCOME TAXES

The Company is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings. In all periods presented, current and deferred income tax provision/benefit have been computed for the Company on an as if standalone, separate return basis and payments to and refunds from IAC for the Company's share of IAC’s consolidated federal and state tax return liabilities/receivables calculated on this basis have been reflected within cash flows from operating activities in the accompanying consolidated and combined statement of cash flows. The tax sharing agreement between the Company and IAC governs the parties’ respective rights, responsibilities and obligations with respect to tax matters, including responsibility for taxes attributable to the Company, entitlement to refunds, allocation of tax attributes and other matters and, therefore, ultimately governs the amount payable to or receivable from IAC with respect to income taxes. Any differences between taxes currently payable or receivable from IAC under the tax sharing agreement and the current tax provision computed on an as if standalone, separate return basis for GAAP are reflected as adjustments to additional paid-in capital and as financing activities within the statement of cash flows.

U.S. and foreign earnings (loss) before income taxes and noncontrolling interests are as follows:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
U.S.	$	39,821		$	82,652		$	(132,000	)
Foreign	(6,175		)	(12,628		)	(21,633		)
Total	$	33,646		$	70,024		$	(153,633	)

The components of the income tax (benefit) provision are as follows:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Current income tax provision (benefit):
Federal	$	(43	)	$	—		$	(443	)
State	819			(20		)	21
Foreign	806			905			(334		)
Current income tax provision (benefit)	1,582			885			(756		)

Deferred income tax benefit
Federal	(3,416		)	(5,549		)	(38,587		)
State	517			(1,100		)	(8,467		)
Foreign	(351		)	(1,719		)	(1,296		)
Deferred income tax benefit	(3,250		)	(8,368		)	(48,350		)
Income tax benefit	$	(1,668	)	$	(7,483	)	$	(49,106	)

The tax effects of cumulative temporary differences that give rise to significant deferred tax assets and deferred tax liabilities are presented below. The valuation allowance relates to deferred tax assets for which it is more likely than not that the tax benefit will not be realized.



	December 31,
	2019			2018
	(In thousands)
Deferred tax assets:
NOL carryforwards	$	158,727		$	124,877
Stock-based compensation	33,613			35,991
Long-term lease liabilities	32,642			—
Other	26,226			14,786
Total deferred tax assets	251,208			175,654
Less valuation allowance	(71,472		)	(58,903		)
Net deferred tax assets	179,736			116,751

Deferred tax liabilities:
Intangible assets	(63,900		)	(75,722		)
Right-of-use assets	(24,836		)	—
Capitalized software, leasehold improvements and equipment	(12,377		)	(3,432		)
Capitalized costs to obtain a contract with a customer	(9,400		)	—
Other	(83		)	(568		)
Total deferred tax liabilities	(110,596		)	(79,722		)
Net deferred tax assets	$	69,140		$	37,029

The portion of the December 31, 2019 deferred tax assets that will be payable to IAC pursuant to the tax sharing agreement, upon realization, is $75.7 million.

At December 31, 2019, the Company has federal and state NOLs of $372.2 million and $365.8 million, respectively. If not utilized, the federal NOLs will expire between 2030 and 2037 and the state NOLs will expire at various times primarily between 2025 and 2039. Federal and state NOLs of $121.2 million and $55.8 million, respectively, can be used against future taxable income without restriction and the remaining NOLs will be subject to limitations under Section 382 of the Internal Revenue Code, separate return limitations, and applicable state law. At December 31, 2019, the Company has foreign NOLs of $322.4 million available to offset future income. Of these foreign NOLs, $298.0 million can be carried forward indefinitely and $24.4 million, if not utilized, will expire at various times between 2020 and 2039. During 2019, the Company recognized tax benefits related to NOLs of $28.2 million. Included in this amount is $26.9 million of tax benefits of acquired attributes which was recorded as a reduction to goodwill.

At December 31, 2019, the Company has tax credit carryforwards of $11.7 million relating to federal and state tax credits for research activities. Of these credit carryforwards, $0.6 million can be carried forward indefinitely and $11.0 million will expire between 2024 and 2039.

The Company regularly assesses the realizability of deferred tax assets considering all available evidence including, to the extent applicable, the nature, frequency and severity of prior cumulative losses, forecasts of future taxable income, tax filing status, the duration of statutory carryforward periods, available tax planning and historical experience. At December 31, 2019, the Company has a U.S. gross deferred tax asset of $177.7 million that the Company expects to fully utilize on a more likely than not basis. Of this amount, $61.8 million will be utilized upon the future reversal of deferred tax liabilities and the remaining net deferred tax asset of $115.9 million will be utilized based on forecasts of future taxable income.

During 2019, the Company’s valuation allowance increased by $12.6 million primarily due to an increase in foreign and state net operating losses. At December 31, 2019, the Company has a valuation allowance of $71.5 million related to the portion of NOLs and other items for which it is more likely than not that the tax benefit will not be realized.

A reconciliation of the income tax (benefit) provision to the amounts computed by applying the statutory federal income tax rate to earnings before income taxes is shown as follows:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Income tax provision (benefit) at the federal statutory rate of 21% (35% for 2017)	$	7,066		$	14,705		$	(53,771	)
State income taxes, net of effect of federal tax benefit	2,693			4,702			(3,678		)
Stock-based compensation	(12,768		)	(25,184		)	(32,702		)
Research credit	(3,308		)	(1,169		)	(784		)
Unbenefited losses	1,523			2,227			5,915
Deferred tax adjustment for enacted changes in tax law and rates	502			(1,431		)	33,002
Other, net	2,624			(1,333		)	2,912
Income tax benefit	$	(1,668	)	$	(7,483	)	$	(49,106	)

A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest, is as follows:



	December 31,
	2019		2018		2017
	(In thousands)
Balance at January 1	$	2,356	$	1,548	$	602
Additions based on tax positions related to the current year	1,325		411		235
Additions for tax positions of prior years	344		397		711
Balance at December 31	$	4,025	$	2,356	$	1,548

The Company recognizes interest and, if applicable, penalties related to unrecognized tax benefits in the income tax provision. At December 31, 2019 and 2018, accruals for interest and penalties are not material.

The Company is routinely under audit by federal, state, local and foreign authorities in the area of income tax as a result of previously filed separate company and consolidated tax returns with IAC. These audits include questioning the timing and the amount of income and deductions and the allocation of income and deductions among various tax jurisdictions. The Internal Revenue Service is currently auditing IAC’s federal income tax returns for the years ended December 31, 2010 through 2016, which includes the operations of the HomeAdvisor business. The statute of limitations for the years 2010 through 2012 has been extended to November 30, 2020 and the statute of limitations for years 2013 through 2015 has been extended to December 31, 2020. Returns filed in various other jurisdictions are open to examination for various tax years beginning with 2009. Income taxes payable include unrecognized tax benefits considered sufficient to pay assessments that may result from examination of prior year tax returns. We consider many factors when evaluating and estimating our tax positions and tax benefits, which may not accurately anticipate actual outcomes and, therefore, may require periodic adjustment. Although management currently believes changes in unrecognized tax benefits from period to period and differences between amounts paid, if any, upon resolution of issues raised in audits and amounts previously provided will not have a material impact on liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

At December 31, 2019 and 2018, unrecognized tax benefits are $4.1 million and $2.4 million respectively, including tax positions included in IAC’s consolidated tax return filings. If unrecognized tax benefits at December 31, 2019 are subsequently recognized, income tax provision would be reduced by $4.0 million. The comparable amount as of December 31, 2018 is $2.4 million. The Company believes that it is reasonably possible that its unrecognized tax benefits could decrease by $1.4 million by December 31, 2020, due to potential settlements; $1.2 million of which would reduce the income tax provision.

On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the "Tax Act"). The Tax Act implemented a number of changes that took effect on January 1, 2018, including but not limited to, a reduction of the U.S. federal corporate tax rate from 35% to 21% and a new minimum tax on global intangible low-taxed income earned by foreign subsidiaries. The Company was able to make a reasonable estimate of the impacts of the Tax Act in the fourth quarter of 2017 as described below. In the third quarter of 2018, the Company finalized its calculations related to the impacts of the Tax Act with no adjustment in 2018 to the Company’s previously recorded provisional tax expense.

The Company's income tax benefit for the year ended December 31, 2017, includes a tax expense of $33.0 million related to the Tax Act, for the remeasurement of U.S. net deferred tax assets due to the reduction in the corporate income tax rate. The Company was not subject to the one-time transition tax because it had cumulative losses from its international operations.

BUSINESS COMBINATIONS

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

BUSINESS COMBINATIONS

Handy Acquisition

On October 19, 2018, the Company acquired 100% of Handy, a leading platform for connecting individuals looking for household services, for total consideration of $168.4 million. This includes the aggregate fair value of 8.6 million shares of Class A common stock issued by the Company of $165.8 million, which is based on the closing stock price of ANGI on the NASDAQ on October 19, 2018 of $19.31 and cash consideration paid by the Company.

During 2019, the Company finalized its assessment of net operating losses acquired in the Handy acquisition. As a result, the Company revised the purchase price allocation for Handy by increasing the fair value of deferred tax assets by $27.2 million and decreasing goodwill by $27.2 million.

The financial results of Handy are included in the Company's consolidated and combined financial statements, within the North America segment, beginning October 19, 2018.

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:



	Handy
	(In thousands)
Cash and cash equivalents	$	5,710
Other current assets	2,050
Goodwill	115,183
Intangible assets	38,800
Other non-current assets	8
Deferred income taxes	20,070
Total assets	181,821
Current liabilities	(13,419		)
Net assets acquired	$	168,402

The purchase price was based on the expected financial performance of Handy, not on the value of the net identifiable assets at the time of acquisition. This resulted in a significant portion of the purchase price being attributed to goodwill because Handy is complementary and synergistic to the other North America businesses of ANGI Homeservices.

The fair values of the identifiable intangible assets acquired at the date of acquisition are as follows:



	Handy
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name and trademarks	$	18,800	Indefinite
Developed technology	15,600		4
User base	3,400		1
Retail partners	600		3
Service professionals	400		1
Total identifiable intangible assets acquired	$	38,800

Other current assets, other non-current assets and current liabilities of Handy were reviewed and adjusted to their fair values at the date of acquisition, as necessary. The fair values of the trade name and developed technology were determined using variations of the income approach; specifically, in respective order, the relief from royalty and excess earnings methodologies. The fair values of user base, retail partners, and service professionals were determined using a cost approach that utilized the cost to replace methodology. The valuations of the intangible assets incorporate significant unobservable inputs and require significant judgment and estimates, including the amount and timing of future cash flows and the determination of royalty and discount rates. The amount attributed to goodwill is not tax deductible.

Angie's List Combination

Through the Combination, the Company acquired 100% of the common stock of Angie's List on September 29, 2017 for a total purchase price valued at $781.4 million.

The purchase price of $781.4 million was determined based on the sum of (i) the fair value of the 61.3 million shares of Angie's List common stock outstanding immediately prior to the Combination based on the closing stock price of Angie's List common stock on the NASDAQ on September 29, 2017 of $12.46 per share; (ii) the cash consideration of $1.9 million paid to holders of Angie's List common stock who elected to receive $8.50 in cash per share; and (iii) the fair value of vested equity awards (including the pro rata portion of unvested awards attributable to pre-combination services) outstanding under Angie's List stock plans on September 29, 2017. Each stock option to purchase shares of Angie's List common stock that was outstanding immediately prior to the effective time of the Combination was, as of the effective time of the Combination, converted into an option to purchase (i) that number of Class A shares of ANGI Homeservices equal to the total number of shares of Angie's List common stock subject to such Angie's List option immediately prior to the effective time of the Combination, (ii) at a per-share exercise price equal to the exercise price per share of Angie's List common stock at which such Angie's List option was exercisable immediately prior to the effective time of the Combination. Each award of Angie's List restricted stock units that was outstanding immediately prior to the effective time of the Combination was, as of the effective time of the Combination, converted into an ANGI Homeservices restricted stock unit award with respect to a number of Class A shares of ANGI Homeservices equal to the total number of shares of Angie's List common stock subject to such Angie's List restricted stock unit award immediately prior to the effective time of the Combination.

The table below summarizes the purchase price:



	Angie's List
	(In thousands)
Class A common stock	$	763,684
Cash consideration for holders who elected to receive $8.50 in cash per share of Angie's List common stock	1,913
Fair value of vested and pro rata portion of unvested stock options attributable to pre-combination services	11,749
Fair value of the pro rata portion of unvested restricted stock units attributable to pre-combination services	4,038
Total purchase price	$	781,384

The financial results of Angie's List are included in the Company's consolidated and combined financial statements, within the North America segment, beginning September 29, 2017. For the year ended December 31, 2017, the Company included $58.9 million of revenue and $21.7 million of net loss in its consolidated and combined statement of operations related to Angie's List. The net loss of Angie's List reflects $28.7 million in stock-based compensation expense related to (i) the acceleration of previously issued Angie's List equity awards held by employees terminated in connection with the Combination and (ii) the expense related to previously issued Angie's List equity awards, severance and retention costs of $19.8 million related to the Combination and a reduction in revenue of $7.8 million due to the write-off of deferred revenue related to the Combination.

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of combination:



	Angie's List
	(In thousands)
Cash and cash equivalents	$	44,270
Other current assets	11,280
Property and equipment	16,341
Goodwill	545,204
Intangible assets	317,300
Total assets	934,395
Deferred revenue	(32,595		)
Other current liabilities	(46,150		)
Long-term debt - related party	(61,498		)
Deferred income taxes	(11,363		)
Other long-term liabilities	(1,405		)
Net assets acquired	$	781,384

The purchase price was based on the expected financial performance of Angie's List, not on the value of the net identifiable assets at the time of combination. This resulted in a significant portion of the purchase price being attributed to goodwill because Angie's List is complementary and synergistic to the other North America businesses of ANGI Homeservices.

The fair values of the identifiable intangible assets acquired at the date of combination are as follows:



	Angie's List
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name and trademarks	$	137,000	Indefinite
Service professionals	90,500		3
Developed technology	63,900		6
Memberships	15,900		3
User base	10,000		1
Total identifiable intangible assets acquired	$	317,300

Other current assets, current liabilities and other long-term liabilities of Angie's List were reviewed and adjusted to their fair values at the date of combination, as necessary. The fair value of deferred revenue was determined using an income approach that utilized a cost to fulfill analysis. The fair value of the trade name and trademarks was determined using an income approach that utilized the relief from royalty methodology. The fair values of developed technology and user base were determined using a cost approach that utilized the cost to replace methodology. The fair values of the service professionals and memberships were determined using an income approach that utilized the excess earnings methodology. The valuations of deferred revenue and intangible assets incorporate significant unobservable inputs and require significant judgment and estimates, including the amount and timing of future cash flows, cost and profit margins related to deferred revenue and the determination of royalty and discount rates. The amount attributed to goodwill is not tax deductible.

HomeStars Acquisition

The Company acquired a 90% voting interest in HomeStars Inc. ("HomeStars"), a leading home services platform in Canada, on February 8, 2017. The purchase price for HomeStars was $16.6 CAD million (or $12.7 million) in cash and is net of a $0.3 CAD million (or $0.2 million) working capital adjustment paid in full to the Company in the third quarter of 2017. In connection with the acquisition, the Company measured and recorded the acquisition date fair value of the 10% noncontrolling interest in HomeStars, which totaled $1.9 CAD million (or $1.4 million). The determination of the fair value of noncontrolling interest was calculated using the implied value of 100% of the enterprise value of the business using the purchase price.

The financial results of HomeStars are included in the Company's consolidated and combined financial statements, within the North America segment, beginning February 8, 2017. For the year ended December 31, 2017, the Company included $6.5 million of revenue and $1.2 million of net loss in its consolidated and combined statement of operations related to HomeStars.

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:



	HomeStars
	(In thousands)
Cash and cash equivalents	$	181
Other current assets	165
Goodwill	9,841
Intangible assets	6,414
Total assets	16,601
Current liabilities	(649		)
Other long-term liabilities	(1,873		)
Net assets acquired	$	14,079

The purchase price was based on the expected financial performance of HomeStars, not on the value of the net identifiable assets at the time of acquisition. This resulted in a significant portion of the purchase price being attributed to goodwill because HomeStars is complementary and synergistic to the other North America businesses of ANGI Homeservices.

The fair values of the identifiable intangible assets acquired at the date of acquisition are as follows:



	HomeStars
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name	$	2,358	Indefinite
Contractor relationships	2,435		2
Developed technology	1,522		2
User base	99		1
Total identifiable intangible assets acquired	$	6,414

Other current assets, current liabilities and other long-term liabilities of HomeStars were reviewed and adjusted to their fair values at the date of acquisition, as necessary. The fair values of the trade name and contractor relationships were determined using variations of the income approach; specifically, in respective order, the relief from royalty and excess earnings methodologies. The fair values of developed technology and user base were determined using a cost approach that utilized the cost to replace methodology. The valuations of the intangible assets incorporate significant unobservable inputs and require significant judgment and estimates, including the amount and timing of future cash flows and the determination of royalty and discount rates. The amount attributed to goodwill is not tax deductible.

MyBuilder Acquisition

The Company acquired a 75% voting interest in MyBuilder Limited ("MyBuilder"), a leading home services platform in the United Kingdom, on March 24, 2017. The purchase price was £32.6 million (or $40.7 million) in cash and includes a £0.6 million (or $0.8 million) working capital adjustment paid in full by the Company in the third quarter of 2017. In connection with the acquisition, the Company measured and recorded the acquisition date fair value of the 25% noncontrolling interest in MyBuilder, which totaled £10.7 million (or $13.3 million). The determination of the fair value of noncontrolling interest was calculated using the implied value of 100% of the enterprise value of the business using the purchase price.

The financial results of MyBuilder are included in the Company's consolidated and combined financial statements, within the Europe segment, beginning April 1, 2017. For the year ended December 31, 2017, the Company included $8.0 million of revenue and $1.4 million of net loss in its consolidated and combined statement of operations related to MyBuilder.

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:



	MyBuilder
	(In thousands)
Cash and cash equivalents	$	6,004
Other current assets	344
Goodwill	37,072
Intangible assets	15,239
Total assets	58,659
Current liabilities	(2,065		)
Other long-term liabilities	(2,595		)
Net assets acquired	$	53,999

The purchase price was based on the expected financial performance of MyBuilder, not on the value of the net identifiable assets at the time of acquisition. This resulted in a significant portion of the purchase price being attributed to goodwill because MyBuilder is complementary and synergistic to the other European businesses of ANGI Homeservices.

The fair values of the identifiable intangible assets acquired at the date of acquisition are as follows:



	MyBuilder
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name	$	7,994	Indefinite
Contractor relationships	4,122		2
Developed technology	1,499		2
User base	1,624		1
Total identifiable intangible assets acquired	$	15,239

Other current assets, current liabilities and other long-term liabilities of MyBuilder were reviewed and adjusted to their fair values at the date of acquisition, as necessary. The fair values of the trade name and contractor relationships were determined using variations of the income approach; specifically, in respective order, the relief from royalty and excess earnings methodologies. The fair values of developed technology and user base were determined using a cost approach that utilized the cost to replace methodology. The valuations of the intangible assets incorporate significant unobservable inputs and require significant judgment and estimates, including the amount and timing of future cash flows and the determination of royalty and discount rates. The amount attributed to goodwill is not tax deductible.

Unaudited Pro Forma Financial Information

The unaudited pro forma financial information in the table below presents the combined results of the Company, Angie's List, HomeStars and MyBuilder as if these acquisitions had occurred on January 1, 2016 (the "2017 Acquisitions"), and Handy as if this acquisition had occurred on January 1, 2017. The unaudited pro forma financial information includes adjustments required under the acquisition method of accounting and is presented for informational purposes only and is not necessarily indicative of the results that would have been achieved had the 2017 Acquisitions actually occurred on January 1, 2016 and the Handy acquisition actually occurred on January 1, 2017. For the year ended December 31, 2018, pro forma adjustments include a reduction in transaction related costs of $4.6 million because they are one-time in nature and will not have a continuing impact on operations and an increase in amortization of intangibles of $2.5 million. For the year ended December 31, 2017, pro forma adjustments include (i) reductions in stock-based compensation expense of $77.2 million and transaction related costs of $35.2 million because they are one-time in nature and will not have a continuing impact on operations; and (ii) an increase in amortization of intangibles of $39.1 million. The stock-based compensation expense is primarily related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination, and the acceleration of certain converted equity awards resulting from the termination of Angie's List employees in connection with the Combination. The transaction related costs include severance and retention costs of $19.8 million related to the Combination.



	Years Ended December 31,
	2018		2017
	(In thousands)
Revenue	$	1,155,960	$	986,301
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$	75,577	$	(46,459	)
Basic earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders	$	0.16	$	(0.11	)
Diluted earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders	$	0.15	$	(0.11	)

GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

Goodwill and intangible assets, net are as follows:



	December 31,
	2019		2018
	(In thousands)
Goodwill	$	883,960	$	894,709
Intangible assets with indefinite lives	171,599		171,486
Intangible assets with definite lives, net of accumulated amortization	80,126		132,809
Total goodwill and intangible assets, net	$	1,135,685	$	1,199,004

The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2019:



	Balance at December 31, 2018		Additions		(Deductions)			Foreign Exchange Translation			Balance at December 31, 2019
	(In thousands)
North America	$	824,037	$	18,326	$	(29,266	)	$	320		$	813,417
Europe	70,672		—		—			(129		)	70,543
Total goodwill	$	894,709	$	18,326	$	(29,266	)	$	191		$	883,960

Additions relate to the acquisition of Fixd Repair (included in the North America segment). Deductions primarily relate to tax benefits of acquired attributes related to the acquisition of Handy (included in the North America segment).

The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2018:



	Balance at December 31, 2017		Additions		(Deductions)			Foreign Exchange Translation			Balance at December 31, 2018
	(In thousands)
North America	$	696,291	$	142,768	$	(14,373	)	$	(649	)	$	824,037
Europe	73,935		—		—			(3,263		)	70,672
Total goodwill	$	770,226	$	142,768	$	(14,373	)	$	(3,912	)	$	894,709

Additions relate to the acquisition of Handy (included in the North America segment). Deductions relate to the sale of Felix (included in the North America segment).

Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2019 and 2018, intangible assets with definite lives are as follows:



	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted-Average Useful Life (Years)
	(Dollars in thousands)
Service professional relationships	$	99,651	$	(76,445	)	$	23,206	2.9
Technology	89,095		(37,721		)	51,374		5.3
Memberships	15,900		(11,940		)	3,960		3.0
Customer lists and user base	14,298		(13,590		)	708		1.4
Trade names	2,390		(1,512		)	878		6.8
Total	$	221,334	$	(141,208	)	$	80,126	3.8



	December 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted-Average Useful Life (Years)
	(Dollars in thousands)
Service professional relationships	$	99,528	$	(44,674	)	$	54,854	2.9
Technology	88,049		(22,078		)	65,971		5.4
Memberships	15,900		(6,640		)	9,260		3.0
Customer lists and user base	13,496		(10,772		)	2,724		1.0
Trade names	1,425		(1,425		)	—		5.0
Total	$	218,398	$	(85,589	)	$	132,809	3.8

At December 31, 2019, amortization of intangible assets with definite lives for each of the next five years and thereafter is estimated to be as follows:



Years Ending December 31,	(In thousands)
2020	$	42,298
2021	14,951
2022	13,964
2023	8,148
2024	190
Thereafter	575
Total	$	80,126

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS

Marketable Debt Securities

The Company did not hold any available-for-sale marketable debt securities at December 31, 2019.

At December 31, 2018, current available-for-sale marketable debt securities were as follows:



	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(In thousands)
Treasury discount notes	$	24,947	$	1	$	(1	)	$	24,947
Total available-for-sale marketable debt securities	$	24,947	$	1	$	(1	)	$	24,947

There were no investments in available-for-sale marketable debt securities that have been in a continuous unrealized loss position for longer than twelve months as of December 31, 2018.

For the years ended December 31, 2019 and 2018, proceeds from maturities of available-for-sale marketable debt securities were $25.0 million and $35.0 million, respectively. There were no gross realized gains or losses from the maturities of available-for-sale marketable debt securities for the years ended December 31, 2019 and 2018.

Fair Value Measurements

The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis:



	December 31, 2019
	Quoted Market Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	291,810	$	—	$	—	$	291,810
Time deposits	—		23,040		—		23,040
Total	$	291,810	$	23,040	$	—	$	314,850



	December 31, 2018
	Quoted Market Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	137,359	$	—	$	—	$	137,359
Treasury discount notes	—		99,914		—		99,914
Commercial paper	—		52,931		—		52,931
Time deposits	—		15,000		—		15,000
Marketable debt securities:
Treasury discount notes	—		24,947		—		24,947
Total	$	137,359	$	192,792	$	—	$	330,151

Financial instruments measured at fair value only for disclosure purposes

The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes:



	December 31, 2019						December 31, 2018
	Carrying Value			Fair Value			Carrying Value			Fair Value
	(In thousands)
Current portion of long-term debt	$	(13,750	)	$	(13,681	)	$	(13,750	)	$	(12,753	)
Long-term debt, net^(a)	(231,946		)	(232,581		)	(244,971		)	(229,556		)
Long-term debt—related party, net	—			—			(1,015		)	(1,092		)

_________________


^(a)	At December 31, 2019 and 2018, the carrying value of long-term debt, net includes unamortized debt issuance costs of $1.8 million and $2.5 million, respectively.

The fair value of long-term debt, including the current portion, is estimated using observable market prices or indices for similar liabilities, which are Level 2 inputs. The fair value of long-term debt—related party, which was settled during the first quarter of 2019, was based on Level 3 inputs and was estimated by discounting the future cash flows based on current market conditions.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

LONG-TERM DEBT

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

LONG-TERM DEBT

Long-term debt consists of:



	December 31,
	2019		2018
	(In thousands)
Term Loan due November 5, 2023	$	247,500	$	261,250
Less: current portion of Term Loan	13,750		13,750
Less: unamortized debt issuance costs	1,804		2,529
Total long-term debt, net	$	231,946	$	244,971

See "Note 15—Related Party Transactions with IAC" for a description of long-term debt—related party.

Term Loan and Credit Facility

On November 1, 2017, the Company borrowed $275 million under a five-year term loan facility ("Term Loan"). On November 5, 2018, the Term Loan was amended and restated, and is now due on November 5, 2023. At both December 31, 2019 and 2018, the Term Loan bears interest at LIBOR plus 1.50%. The spread over LIBOR is subject to change in future periods based on the Company's consolidated net leverage ratio. The interest rate was 3.25% and 3.98%, at December 31, 2019 and 2018, respectively. Interest payments are due at least quarterly through the term of the loan. Additionally, there are quarterly principal payments of $3.4 million through December 31, 2021, $6.9 million for the one-year period ending December 31, 2022 and $10.3 million through maturity of the loan when the final amount of $161.6 million is due.

The terms of the Term Loan require the Company to maintain a consolidated net leverage ratio of not more than 4.5 to 1.0 and a minimum interest coverage ratio of not less than 2.0 to 1.0 (in each case as defined in the credit agreement). The Term Loan also contains covenants that would limit the Company's ability to pay dividends, make distributions or repurchase its stock in the event a default has occurred or its consolidated net leverage ratio exceeds 4.25 to 1.0. There are additional covenants under the Term Loan that limit the ability of the Company and its subsidiaries to, among other things, incur indebtedness, pay dividends or make distributions.

On November 5, 2018, the Company entered into a five-year $250 million revolving credit facility (the "Credit Facility"). At December 31, 2019 and 2018, there were no outstanding borrowings under the Credit Facility. The annual commitment fee on undrawn funds is based on the consolidated net leverage ratio most recently reported and is 25 basis points at both December 31, 2019 and 2018. Borrowings under the Credit Facility bear interest, at the Company's option, at either a base rate or LIBOR, in each case plus an applicable margin, which is based on the Company's consolidated net leverage ratio. The financial and other covenants are the same as those for the Term Loan.

The Term Loan and Credit Facility are guaranteed by the Company's wholly-owned material domestic subsidiaries and is secured by substantially all assets of the Company and the guarantors, subject to certain exceptions.

Long-term debt maturities:



Years Ending December 31,	(In thousands)
2020	$	13,750
2021	13,750
2022	27,500
2023	192,500
Total	247,500
Less: current portion of Term Loan	13,750
Less: unamortized debt issuance costs	1,804
Total long-term debt, net	$	231,946

SHAREHOLDERS' EQUITY	12 Months Ended
SHAREHOLDERS' EQUITY	Dec. 31, 2019
Stockholders' Equity Note [Abstract]
SHAREHOLDERS' EQUITY	SHAREHOLDERS' EQUITY Description of Class A Common Stock, Class B Convertible Common Stock and Class C Common Stock Except as described herein, shares of ANGI Homeservices Class A common stock, Class B common stock and Class C common stock are identical. Holders of Class A common stock are entitled to one vote per share on all matters to be voted upon by the stockholders. Holders of Class B common stock are entitled to ten votes per share on all matters to be voted upon by stockholders. Holders of Class C common stock have no voting rights, except as otherwise required by the laws of the State of Delaware, in which case holders of Class C common stock are entitled to one one-hundredth (1/100) of a vote per share. Holders of the Company's Class A common stock, Class B common stock and Class C common stock do not have cumulative voting rights in the election of directors. Shares of ANGI Homeservices Class B common stock are convertible into shares of our Class A common stock at the option of the holder at any time on a share for share basis. Such conversion ratio will in all events be equitably preserved in the event of any recapitalization of ANGI Homeservices by means of a stock dividend on, or a stock split or combination of, our outstanding Class A common stock or Class B common stock, or in the event of any merger, consolidation or other reorganization of ANGI Homeservices with another corporation. Upon the conversion of a share of our Class B common stock into a share of our Class A common stock, the applicable share of Class B common stock will be retired and will not be subject to reissue. Shares of Class A common stock and Class C common stock have no conversion rights. The holders of shares of ANGI Homeservices Class A common stock, Class B common stock and Class C common stock are entitled to receive, share for share, such cash dividends as may be declared by ANGI Homeservices Board of Directors out of funds legally available therefor. In the event of a liquidation, dissolution or winding up, holders of the Company's Class A common stock, Class B common stock and Class C common stock are entitled to receive ratably the assets available for distribution to the stockholders after payment of all liabilities and accrued but unpaid dividends and liquidation preferences on any outstanding preferred stock. At December 31, 2019, IAC holds all 421.6 million outstanding shares of our Class B common stock, which represents an 84.1% economic interest and 98.1% voting interest in the Company. In the event that ANGI Homeservices issues or proposes to issue any shares of ANGI Homeservices Class A common stock, Class B common stock or Class C common stock (with certain limited exceptions), including shares issued upon the exercise, conversion or exchange of options, warrants and convertible securities, IAC will generally have a purchase right that permits it to purchase for fair market value, as defined in the agreement, up to such number of shares of the same class as the issued shares as would (i) enable IAC to maintain the same ownership interest in the Company that it had immediately prior to such issuance or proposed issuance, with respect to issuances of our voting capital stock, or (ii) enable IAC to maintain ownership of at least 80.1% of each class of the Company's non-voting capital stock, with respect to issuances of our non-voting capital stock. Reserved Common Shares In connection with equity compensation plans, 55.9 million shares of ANGI Homeservices common stock are reserved at December 31, 2019. Common Stock Repurchases On February 6, 2019, the Board of Directors of ANGI Homeservices authorized the Company to repurchase up to 15 million shares of its common stock. During the year ended December 31, 2019, the Company repurchased 7.3 million shares of ANGI common stock for aggregate consideration, on a trade date basis, of $57.9 million. At December 31, 2019, the Company has approximately 7.7 million shares remaining in its share repurchase authorization.

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

The following tables present the components of accumulated other comprehensive (loss) income and items reclassified out of accumulated other comprehensive (loss) income into earnings:



	Year Ended December 31, 2019
	Foreign Currency Translation Adjustment			Unrealized Gains On Available-For-Sale Debt Securities			Accumulated Other Comprehensive (Loss) Income
	(In thousands)
Balance at January 1	$	(1,864	)	$	3		$	(1,861	)
Other comprehensive income (loss)	485			(3		)	482
Net current period other comprehensive income (loss)	485			(3		)	482
Balance at December 31	$	(1,379	)	$	—		$	(1,379	)



	Year Ended December 31, 2018
	Foreign Currency Translation Adjustment			Unrealized Gains On Available-For-Sale Debt Securities		Accumulated Other Comprehensive Income (Loss)
	(In thousands)
Balance at January 1	$	2,232		$	—	$	2,232
Other comprehensive (loss) income before reclassifications	(4,044		)	3		(4,041		)
Amounts reclassified to earnings	(52		)	—		(52		)
Net current period other comprehensive (loss) income	(4,096		)	3		(4,093		)
Balance at December 31	$	(1,864	)	$	3	$	(1,861	)



	Year Ended December 31, 2017
	Foreign Currency Translation Adjustment			Accumulated Other Comprehensive (Loss) Income
	(In thousands)
Balance at January 1	$	(1,721	)	$	(1,721	)
Other comprehensive income before reclassifications	3,980			3,980
Amounts reclassified to earnings	(27		)	(27		)
Net current period other comprehensive income	3,953			3,953
Balance at December 31	$	2,232		$	2,232

The amounts reclassified out of foreign currency translation adjustment into earnings for the years ended December 31, 2018 and 2017 relate to the liquidation of an international subsidiary.

At December 31, 2019, 2018 and 2017, there was no tax benefit or provision on the accumulated other comprehensive income (loss).

EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per share attributable to ANGI Homeservices shareholders:



	Years Ended December 31,
	2019						2018						2017
	Basic			Diluted			Basic			Diluted			Basic			Diluted
	(In thousands, except per share data)
Numerator:
Net earnings (loss)	$	35,314		$	35,314		$	77,507		$	77,507		$	(104,527	)	$	(104,527	)
Net (earnings) loss attributable to noncontrolling interests	(485		)	(485		)	(189		)	(189		)	1,409			1,409
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$	34,829		$	34,829		$	77,318		$	77,318		$	(103,118	)	(103,118		)

Denominator:
Weighted average basic shares outstanding	504,875			504,875			484,232			484,232			430,612			430,612
Dilutive securities ^(a)(b)(c)	—			13,044			—			29,365			—			—
Denominator for earnings per share—weighted average shares	504,875			517,919			484,232			513,597			430,612			430,612

Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Earnings (loss) per share	$	0.07		$	0.07		$	0.16		$	0.15		$	(0.24	)	$	(0.24	)

________________________

^(a)

If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock appreciation rights, stock options and subsidiary denominated equity and vesting of restricted stock units ("RSUs"). For the years ended December 31, 2019 and 2018, 5.5 million and 3.1 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

^(b)

Performance-based stock units ("PSUs") and market-based awards are considered contingently issuable shares. Shares issuable upon exercise or vesting of PSUs and market-based awards are included in the denominator for earnings per share if (i) the applicable performance or market condition(s) has been met and (ii) the inclusion of the PSUs and market-based awards is dilutive for the respective reporting periods. For the years ended December 31, 2019 and 2018, 0.9 million and 1.3 million shares underlying PSUs and market-based awards were excluded from the calculation of diluted earnings per share because the performance or market condition(s) had not been met.

^(c)

For the year ended December 31, 2017, the Company had a loss from operations and as a result, approximately 54.1 million potentially dilutive securities were excluded from computing dilutive earnings per share because the impact would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute diluted earnings per share amounts.

STOCK-BASED COMPENSATION

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION

The Company currently has one active stock plan, which became effective in 2017 upon the completion of the Combination. This plan replaced the HomeAdvisor 2013 Incentive plan, which governed equity awards prior to the Combination. The 2017 plan covers stock options, stock appreciation rights and RSU awards, including those that are linked to the achievement of the Company's stock price, known as market-based awards ("MSUs") and those that are linked to the achievement of a performance target, known as performance-based awards ("PSUs"), denominated in shares of ANGI Homeservices common stock, as well as provides for the future grant of these and other equity awards. The 2017 plan authorizes the Company to grant awards to its employees, officers, directors and consultants. At December 31, 2019, there are 19.6 million shares available for grant under the 2017 plan.

The 2017 plan has a stated term of ten years, and provides that the exercise price of stock options and stock appreciation rights granted will not be less than the market price of the Company's common stock on the grant date. The plan does not specify grant dates or vesting schedules for awards, as those determinations have been delegated to the Compensation Committee of ANGI Homeservices Board of Directors (the "Committee"). Each grant agreement reflects the grant date and vesting schedule for that particular grant as determined by the Committee. Stock options and stock appreciation rights granted subsequent to the Combination through December 31, 2019 generally vest in equal annual installments over a four-year period from the grant date. RSU awards granted subsequent to the Combination through December 31, 2019 generally vest either in two 50% installments over a three and four-year period or in equal annual installments over a four-year period, in each case, from the grant date. MSU awards granted subsequent to the Combination generally vest in five installments over a two-year period from the grant date. PSU awards granted subsequent to the Combination generally cliff vest in either a three or five-year period from the grant date.

Stock-based compensation expense recognized in the consolidated and combined statement of operations includes expense related to: (i) the Company's stock options, stock appreciation rights and RSUs; (ii) equity instruments denominated in shares of its subsidiaries; and (iii) IAC denominated stock options and PSUs held by ANGI Homeservices employees. The amount of stock-based compensation expense recognized is net of estimated forfeitures. The forfeiture rate is estimated at the grant date based on historical experience and revised, if necessary, in subsequent periods if actual forfeitures differ from the estimated rate. The expense ultimately recorded is for the awards that vest. At December 31, 2019, there is $108.0 million of unrecognized compensation cost, net of estimated forfeitures, related to all equity-based awards, which is expected to be recognized over a weighted average period of approximately 2.3 years.

The total income tax benefit recognized in the accompanying consolidated and combined statement of operations for the years ended December 31, 2019, 2018 and 2017 related to all stock-based compensation is $28.8 million, $49.5 million and $71.1 million, respectively.

The aggregate income tax benefit recognized related to the exercise of stock options and stock appreciation rights for the years ended December 31, 2019, 2018 and 2017 is $27.9 million, $40.2 million and $47.3 million, respectively. There may be some delay in the timing of the realization of the cash benefit of the income tax deductions related to stock-based compensation because it will be dependent upon the amount and timing of future taxable income and the timing of estimated income tax payments.

Stock Options and Stock Appreciation Rights

Stock options and stock appreciation rights outstanding at December 31, 2019 and changes during the year ended December 31, 2019 is as follows:



	December 31, 2019
	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (In Years)	Aggregate Intrinsic Value
	(Shares and intrinsic value in thousands)
Outstanding at January 1, 2019	33,158		$	3.42
Granted	—		—
Exercised	(9,009	)	2.06
Forfeited	(158	)	8.16
Expired	(7	)	23.21
Outstanding at December 31, 2019	23,984		$	3.89	6.4	$	114,687
Exercisable	15,208		$	3.52	6.1	$	78,854

The aggregate intrinsic value in the table above represents the difference between ANGI Homeservices closing stock price on the last trading day of 2019 and the exercise price, multiplied by the number of in-the-money awards that would have been

exercised had all award holders exercised their awards on December 31, 2019. The total intrinsic value of awards exercised during the years ended December 31, 2019, 2018 and 2017 is $107.5 million, $151.2 million and $100.7 million, respectively.

The following table summarizes the information about stock options and stock appreciation rights outstanding and exercisable at December 31, 2019:



	Awards Outstanding				Awards Exercisable
Range of Exercise Prices	Outstanding at December 31, 2019	Weighted Average Remaining Contractual Life in Years	Weighted Average Exercise Price		Exercisable at December 31, 2019	Weighted Average Remaining Contractual Life in Years	Weighted Average Exercise Price
	(Shares in thousands)
$0.01 to $3.00	9,562	5.5	$	1.84	7,904	5.3	$	1.67
$3.01 to $6.00	12,997	7.1	4.53		6,347	7.1	4.53
$6.01 to $9.00	149	5.1	7.93		141	5	7.89
$9.01 to $12.00	771	7.3	10.64		436	6.8	10.51
$12.01 to $15.00	369	6.5	12.94		244	5.9	13.04
$15.01 to $18.00	—	—	—		—	—	—
$18.01 to $21.00	115	3.2	19.88		115	3.2	19.88
$21.01 to $24.00	21	3.6	22.02		21	3.6	22.02
	23,984	6.4	$	3.89	15,208	6.1	$	3.52

There were no stock options or stock appreciation rights granted by the Company for the years ended December 31, 2019 and 2018. Approximately 0.9 million stock options and stock appreciation rights were granted by the Company subsequent to the Combination through December 31, 2017. Approximately 4.7 million stock appreciation rights were granted by the Company for the period prior to the Combination in 2017.

The fair value of stock options and stock appreciation rights is estimated on the grant date using the Black-Scholes option pricing model. The Black-Scholes option pricing model incorporates various assumptions, including expected volatility and expected term. Prior to the Combination, expected stock price volatilities were estimated based on historical stock price volatilities of a group of peer companies. Subsequent to the Combination, expected stock price volatilities were estimated based on the average of IAC's historical volatility, as a result of the Company representing a large percentage of the overall value of IAC, and the historical stock price volatilities of the aforementioned group of peer companies. The risk-free interest rates are based on U.S. Treasuries with comparable terms as the awards, in effect at the grant date. Prior to the Combination, expected term was based on the mid-point of the first and last windows for exercise. Subsequent to the Combination, expected term is based on the historical exercise pattern of IAC's employees for comparable awards, a ten-year contractual life with vesting in four equal annual installments, because the Company did not have sufficient data to estimate an expected term for these awards. No dividends have been assumed. The following are the weighted average assumptions used in the Black-Scholes option pricing model:



	Year Ended
	December 31, 2017
Expected volatility	50	%
Risk-free interest rate	2.0	%
Expected term	5.5 years
Dividend yield	—	%

The per share weighted average grant date fair value of stock options and stock appreciation rights granted by the Company subsequent to the Combination through December 31, 2017 is $4.30. The per share weighted average grant date fair value of stock appreciation rights granted by the Company for the period prior to the Combination in 2017 is $8.24.

In connection with the Combination, the previously issued HomeAdvisor (US) stock appreciation rights were converted into ANGI Homeservices' equity awards resulting in a modification charge of $217.7 million of which $29.0 million, $56.9 million and $93.4 million were recognized as stock-based compensation expense in the years ended December 31, 2019, 2018 and 2017, respectively, and the remaining charge will be recognized over the remaining vesting period of the modified awards.

In connection with the chief executive officer transition during the fourth quarter of 2018, the Company accelerated $3.9 million of expense into 2018 from 2019.

During the second quarter of 2017, the Company modified certain HomeAdvisor (US) stock appreciation rights and recognized a modification charge of $6.6 million.

Cash received from stock option exercises was $0.6 million, $4.7 million and $1.7 million for the years ended December 31, 2019 and 2018 and for the period subsequent to the Combination through December 31, 2017, respectively. For periods prior to the Combination, no cash was received from the exercise of stock appreciation rights because they were net settled in shares of IAC’s common stock.

The Company currently settles all equity awards on a net basis. In connection with the Combination, previously issued stock appreciation rights related to the common stock of HomeAdvisor (US) were converted into ANGI stock appreciation rights that are settleable, at the Company's option, on a net basis with ANGI remitting withholding taxes on behalf of the employee or on a gross basis with the Company issuing a sufficient number of Class A shares to cover the withholding taxes. In addition, at IAC's option, these awards can be settled in either Class A shares of ANGI or shares of IAC common stock. If settled in IAC common stock, ANGI reimburses IAC in either cash or through the issuance of Class A shares to IAC. Assuming all of the stock appreciation rights outstanding on December 31, 2019 were net settled on that date, ANGI would have issued 6.8 million Class A shares (either to award holders or to IAC as reimbursement) and ANGI would have remitted $57.3 million in cash for withholding taxes (assuming a 50% withholding rate). Assuming all other ANGI equity awards outstanding on December 31, 2019, were net settled on that date, including stock options, RSUs and subsidiary denominated equity described below, ANGI would have issued 5.1 million shares and would have remitted $43.4 million in cash for withholding taxes (assuming a 50% withholding rate).

Restricted Stock Units, Market-based Stock Units and Performance-based Stock Units

RSUs, MSUs and PSUs are awards in the form of phantom shares or units denominated in a hypothetical equivalent number of shares of ANGI Homeservices common stock and with the value of each RSU and PSU equal to the fair value of ANGI Homeservices common stock at the date of grant. The value of each MSU is estimated using a lattice model that incorporates a Monte Carlo simulation of ANGI's stock price. Each RSU, MSU and PSU grant is subject to service-based vesting, where a specific period of continued employment must pass before an award vests. MSUs also include market-based vesting, tied to the stock price of ANGI before an award vests and PSUs include performance-based vesting, where certain performance targets set at the time of grant must be achieved before an award vests. For RSU grants, the expense is measured at the grant date as the fair value of ANGI Homeservices common stock and expensed as stock-based compensation over the vesting term. For MSU grants, the expense is measured using a lattice model and expensed as stock-based compensation over the requisite service period. For PSU grants, the expense is measured at the grant date as the fair value of ANGI Homeservices common stock and expensed as stock-based compensation over the vesting term if the performance targets are considered probable of being achieved.

Unvested RSUs, MSUs and PSUs outstanding at December 31, 2019 and changes during the year ended December 31, 2019 are as follows:



	RSUs				MSUs				PSUs
	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares _(a)		Weighted Average Grant Date Fair Value		Number of Shares _(a)		Weighted Average Grant Date Fair Value
	(Shares in thousands)
Unvested at January 1, 2019	4,611		$	16.77	—		$	—	—		$	—
Granted	2,666		13.16		3,979		3.67		923		15.93
Vested	(1,259	)	15.39		(472	)	4.03		—		—
Forfeited	(358	)	9.14		(4	)	4.03		(42	)	16.89
Unvested at December 31, 2019	5,660		$	15.29	3,503		$	3.62	881		$	15.89

___________________________


^(a)	Included in the table are MSUs and PSUs which vests in varying amounts depending upon certain market or performance conditions. The MSUs and PSUs in the table above includes these awards at their maximum potential payout.

In 2019, the Company granted certain MSUs that are liability-classified stock-settled awards with a market condition. The fair value of these awards is subject to remeasurement each reporting period until settlement of the award. The total expense related to these awards will ultimately be equal to the number of shares vested based on the fair value of ANGI Homeservices' common stock on the settlement date.

The weighted average fair value of RSUs granted during the years ended December 31, 2019, 2018 and 2017 based on market prices of ANGI Homeservices’ common stock on the grant date was $13.16, $18.08 and $12.58, respectively. The weighted average fair value of MSUs granted during the year ended December 31, 2019 based on the lattice model was $3.67. The weighted average fair value of PSUs granted during the year ended December 31, 2019 based on market prices of ANGI Homeservices’ common stock on the grant date was $15.93. There were no MSUs or PSUs granted or outstanding during the years ended December 31, 2018 and 2017. The total fair value of RSUs that vested during the years ended December 31, 2019, 2018 and 2017 was $16.1 million, $19.5 million and $19.2 million, respectively. The total fair value of MSUs that vested during the year ended December 31, 2019, was $3.2 million.

Equity Instruments Denominated in the Shares of Certain Subsidiaries

ANGI Homeservices has granted stock appreciation rights denominated in the equity of certain non-publicly traded subsidiaries to employees and management of those subsidiaries. These equity awards vest over a period of years, which is typically four years. The value of the stock appreciation rights is tied to the value of the common stock of these subsidiaries, which is determined by the Company using a variety of valuation techniques including a combination of market based and discounted cash flow valuation methodologies. Accordingly, these interests only have value to the extent the relevant business appreciates in value above the initial value utilized to determine the exercise price. These interests can have significant value in the event of significant appreciation. The fair value of these interests is generally determined by negotiation or arbitration when settled, which will occur at various dates through 2026 and are ultimately settled in IAC common stock or ANGI Homeservices Class A common stock, at IAC's election. These equity awards are settled on a net basis, with the award holder entitled to receive a payment in shares equal to the intrinsic value of the award at exercise less an amount equal to the required cash tax withholding payment. The expense associated with these equity awards is initially measured at fair value, using the Black-Scholes option pricing model, at the grant date and is expensed as stock-based compensation over the vesting term.

The plans under which these awards are granted establish specific settlement dates or liquidity events for which the valuation of the relevant subsidiary is determined for purposes of settlement of the awards.

IAC Denominated Stock Options

There were no IAC stock options granted by IAC under its equity incentive plans to employees of ANGI Homeservices during the years ended December 31, 2019, 2018 and 2017. At December 31, 2019, approximately 0.1 million IAC options remain outstanding to employees of ANGI Homeservices. The fair value of each stock option award is estimated on the grant date using the Black-Scholes option-pricing model. IAC stock options are granted with exercise prices at least equal to the fair value on the date of grant, vest ratably in annual installments over a four-year period and expire ten years from the date of grant.

IAC Denominated Performance Stock Units ("PSUs")

There were no IAC PSUs granted by IAC to employees of ANGI Homeservices during the years ended December 31, 2019 and 2018. For the year ended December 31, 2017, approximately 0.1 million IAC PSUs were granted by IAC to employees of ANGI Homeservices. PSUs are awards in the form of phantom shares or units, denominated in a hypothetical equivalent number of shares of IAC common stock and with the value of each PSU equal to the fair value of IAC common stock at the date of grant. Each PSU grant is subject to service-based vesting, where a specific period of continued employment must pass before an award vests and certain performance targets, set at the time of grant, must be achieved before an award vests. At December 31, 2019, these awards did not vest because the performance conditions were not achieved.

SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

SEGMENT INFORMATION

The overall concept that ANGI employs in determining its operating segments is to present the financial information in a manner consistent with: how the chief operating decision maker views the businesses; how the businesses are organized as to segment management; and the focus of the businesses with regards to the types of services or products offered or the target market.

The following table presents revenue by reportable segment:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Revenue:
North America	$	1,249,892	$	1,062,171	$	678,897
Europe	76,313		70,070		57,489
Total	$	1,326,205	$	1,132,241	$	736,386

The following table presents the revenue of the Company's segments disaggregated by type of service:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
North America
Marketplace:
Consumer connection revenue^(a)	$	913,533	$	704,341	$	521,481
Service professional membership subscription revenue	64,706		66,214		56,135
Other revenue	6,971		3,940		3,798
Total Marketplace revenue	985,210		774,495		581,414
Advertising and other revenue^(b)	264,682		287,676		97,483
Total North America revenue	1,249,892		1,062,171		678,897
Europe
Consumer connection revenue^(a)	59,611		50,913		40,009
Service professional membership subscription revenue	14,231		17,362		16,596
Advertising and other revenue	2,471		1,795		884
Total Europe revenue	76,313		70,070		57,489
Total revenue	$	1,326,205	$	1,132,241	$	736,386

___________________________


^(a)	Includes fees paid by service professionals for consumer matches and revenue from completed jobs sourced through the HomeAdvisor and Handy platforms.


^(b)	Includes Angie's List revenue from service professionals under contract for advertising and Angie's List membership subscription fees from consumers, as well as revenue from mHelpDesk, HomeStars, Fixd Repair and Felix. Felix was sold on December 31, 2018 and its revenue for the years ended December 31, 2018 and 2017 were $36.9 million and $26.9 million, respectively.

Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Revenue:
United States	$	1,234,755	$	1,050,641	$	672,159
All other countries	91,450		81,600		64,227
Total	$	1,326,205	$	1,132,241	$	736,386

The United States is the only country whose revenue is greater than 10% of total revenue of the Company for the years ended December 31, 2019, 2018 and 2017.



	December 31,
	2019		2018
	(In thousands)
Long-lived assets (excluding goodwill and intangible assets):
United States	$	95,822	$	65,510
All other countries	7,539		5,349
Total	$	103,361	$	70,859

The following tables present operating income (loss) and Adjusted EBITDA by reportable segment:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Operating income (loss):
North America	$	48,967		$	78,102		$	(128,483	)
Europe	(10,322		)	(14,196		)	(19,388		)
Total	$	38,645		$	63,906		$	(147,871	)



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Adjusted EBITDA^(c):
North America	$	208,192		$	253,963		$	50,182
Europe	$	(5,895	)	$	(6,457	)	$	(11,019	)

___________________________

^(c)

The Company’s primary financial measure is Adjusted EBITDA, which is defined as operating income excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of amortization of intangible assets and impairments of goodwill and intangible assets, if applicable. The Company believes this measure is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors. The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature. Adjusted EBITDA has certain limitations because it excludes the impact of these expenses.

The following tables reconcile operating income (loss) for the Company’s reportable segments and net earnings (loss) attributable to ANGI Homeservices Inc. shareholders to Adjusted EBITDA:



	Year Ended December 31, 2019
	Operating Income (Loss)			Stock-Based Compensation Expense		Depreciation		Amortization of Intangibles		Adjusted EBITDA
	(In thousands)
North America	$	48,967		$	67,646	$	37,481	$	54,098	$	208,192
Europe	(10,322		)	$	609	$	2,434	$	1,384	$	(5,895	)
Operating income	38,645
Interest expense—third-party	(11,493		)
Interest expense—related party	(16		)
Other income, net	6,510
Earnings before income taxes	33,646
Income tax benefit	1,668
Net earnings	35,314
Net earnings attributable to noncontrolling interests	(485		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$	34,829



	Year Ended December 31, 2018
	Operating Income (Loss)			Stock-Based Compensation Expense		Depreciation		Amortization of Intangibles		Adjusted EBITDA
	(In thousands)
North America	$	78,102		$	96,078	$	21,888	$	57,895	$	253,963
Europe	(14,196		)	$	1,000	$	2,422	$	4,317	$	(6,457	)
Operating income	63,906
Interest expense—third-party	(11,623		)
Interest expense—related party	(118		)
Other income, net	17,859
Earnings before income taxes	70,024
Income tax benefit	7,483
Net earnings	77,507
Net earnings attributable to noncontrolling interests	(189		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$	77,318



	Year Ended December 31, 2017
	Operating Loss			Stock-Based Compensation Expense		Depreciation		Amortization of Intangibles		Adjusted EBITDA
	(In thousands)
North America	$	(128,483	)	$	147,574	$	13,243	$	17,848	$	50,182
Europe	(19,388		)	$	1,656	$	1,300	$	5,413	$	(11,019	)
Operating loss	(147,871		)
Interest expense—third-party	(1,765		)
Interest expense—related party	(5,971		)
Other income, net	1,974
Loss before income taxes	(153,633		)
Income tax benefit	49,106
Net loss	(104,527		)
Net loss attributable to noncontrolling interests	1,409
Net loss attributable to ANGI Homeservices Inc. shareholders	$	(103,118	)

The following table presents capital expenditures by reportable segment:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Capital expenditures:
North America	$	64,215	$	42,976	$	24,214
Europe	4,589		4,000		2,623
Total	$	68,804	$	46,976	$	26,837

LEASES

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

LEASES

The Company leases office space, data center facilities and equipment used in connection with its operations under various operating leases, the majority of which contain escalation clauses.

ROU assets represent the Company’s right to use the underlying assets for the lease term and lease liabilities represent the present value of the Company’s obligation to make payments arising from these leases. ROU assets and related lease liabilities are based on the present value of fixed lease payments over the lease term using the Company's incremental borrowing rate on the lease commencement date or January 1, 2019 for leases that commenced prior to that date. The Company combines the lease and non-lease components of lease payments in determining ROU assets and related lease liabilities. If the lease includes one or more options to extend the term of the lease, the renewal option is considered in the lease term if it is reasonably certain the Company will exercise the option(s). Lease expense is recognized on a straight-line basis over the term of the lease. As permitted by ASC 842, leases with an initial term of twelve months or less ("short-term leases") are not recorded on the accompanying consolidated balance sheet.

Variable lease payments consist primarily of common area maintenance, utilities and taxes, which are not included in the recognition of ROU assets and related lease liabilities. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.



Leases	Balance Sheet Classification	December 31, 2019
		(In thousands)
Assets:
Right-of-use assets	Right-of-use assets, net	$	101,243

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	13,234
Long-term lease liabilities	Other long-term liabilities	119,375
Total lease liabilities		$	132,609



Lease Cost	Income Statement Classification	Year Ended December 31, 2019
		(In thousands)
Fixed lease cost	Cost of revenue	$	207
Fixed lease cost	Selling and marketing expense	9,277
Fixed lease cost	General and administrative expense	7,617
Fixed lease cost	Product development expense	1,456
Total fixed lease cost^(a)		18,557
Variable lease cost	Cost of revenue	—
Variable lease cost	Selling and marketing expense	1,572
Variable lease cost	General and administrative expense	1,021
Variable lease cost	Product development expense	308
Total variable lease cost		2,901
Net lease cost		$	21,458

________________________________


^(a)	Includes $0.6 million of short-term lease cost and $1.4 million of sublease income for the year ended December 31, 2019, respectively.

Maturities of lease liabilities as of December 31, 2019^(b):



For Years Ending December 31:	(In thousands)
2020	$	19,882
2021	23,059
2022	21,890
2023	20,658
2024	19,875
Thereafter	62,534
Total	167,898
Less: Interest	35,289
Present value of lease liabilities	$	132,609

________________________________

^(b) Lease payments exclude $0.3 million of legally binding minimum lease payments for leases signed but not yet commenced.

The following are the weighted average assumptions used for lease term and discount rate as of December 31, 2019:



Remaining lease term	7.7 years
Discount rate	5.99	%



	Year Ended December 31, 2019
	(In thousands)
Other information:
Right-of-use assets obtained in exchange for lease liabilities	$	58,701
Cash paid for amounts included in the measurement of lease liabilities	$	18,363

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Commitments

The Company has entered into certain off-balance sheet commitments that require the future purchase of services ("purchase obligations"). Future payments under noncancelable unconditional purchase obligations as of December 31, 2019 are as follows:



	Amount of Commitment Expiration Per Period
	Less Than 1 Year		1–3 Years		3–5 Years		More Than 5 Years		Total
	(In thousands)
Purchase obligations	$	28,591	$	5,600	$	—	$	—	$	34,191

Purchase obligations include (i) the Company's allocable share of a three-year cloud computing arrangement between IAC and a third party provider of $15.6 million, of which $5.4 million was paid in 2019 and had a related prepaid asset of $4.3 million at December 31, 2019 included in "Other current assets" on the consolidated balance sheet, and two remaining minimum payments of $4.7 million and $5.6 million that are due in 2020 and 2021, respectively, and (ii) remaining payments of $23.8 million related to advertising commitments to be made in 2020.

Contingencies

In the ordinary course of business, the Company is a party to various lawsuits. The Company establishes reserves for specific legal matters when it determines that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. Management has also identified certain other legal matters where we believe an unfavorable outcome is not probable and, therefore, no reserve is established. Although management currently believes that resolving claims against us, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on the liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. The Company also evaluates other contingent matters, including income and non-income tax contingencies, to assess the likelihood of an unfavorable outcome and estimated extent of potential loss. It is possible that an unfavorable outcome of one or more of these lawsuits or other contingencies could have a material impact on the liquidity, results of operations, or financial condition of the Company. See "Note 3—Income Taxes" for additional information related to income tax contingencies.

RELATED PARTY TRANSACTIONS WITH IAC

12 Months Ended

Dec. 31, 2019

RELATED PARTY TRANSACTIONS WITH IAC

Relationship with IAC Following the Combination

In connection with the Combination, ANGI Homeservices and IAC entered into certain agreements to govern our relationship following the Combination. These agreements include: a contribution agreement; an investor rights agreement; a services agreement; a tax sharing agreement; and an employee matters agreement.

On October 10, 2018, ANGI issued 5.1 million shares of its Class B common stock to IAC pursuant to the post-closing adjustment provision of the Angie's List merger agreement.

Contribution Agreement

The contribution agreement sets forth the agreements between the Company and IAC regarding the principal transactions necessary for IAC to separate the HomeAdvisor business from IAC's other businesses and to cause the HomeAdvisor business to be transferred to ANGI Homeservices prior to the Combination, as well as governs certain aspects of our relationship following the Combination. Under the contribution agreement, the Company agreed to assume all of the assets and liabilities related to the HomeAdvisor business and agreed to indemnify IAC against any losses arising out of any breach by the Company of the contribution agreement or the other transaction related agreements described below. IAC also agreed to indemnify the Company against losses arising out of any breach by IAC of the contribution agreement or any of the other transaction related agreements described below.

Investor Rights Agreement

The investor rights agreement provides IAC with certain registration, preemptive and governance rights related to us and the shares of our capital stock it holds, as well as certain governance rights for the benefit of stockholders other than IAC.

Services Agreement

The services agreement governs services that IAC provides to the Company including, among others: (i) assistance with certain legal, M&A, human resources, finance, risk management, internal audit and treasury functions, health and welfare benefits, information security services and insurance and tax affairs, including assistance with certain public company and unclaimed property reporting obligations; (ii) accounting, controllership and payroll processing services; (iii) investor relations services; (iv) tax compliance services; and (v) such other services as to which IAC and the Company may agree. The services agreement has an initial term of one year from the date of the Combination and will automatically renew for additional one-year periods thereafter for so long as IAC continues to own a majority of the outstanding shares of the Company's common stock.

For the years ended December 31, 2019 and 2018 and for the period subsequent to the Combination through December 31, 2017, the Company was charged $4.8 million, $5.7 million and $1.7 million, respectively, by IAC for services rendered pursuant to the services agreement. There were no outstanding receivables or payables pursuant to the services agreement as of December 31, 2019. At December 31, 2018, the Company had an outstanding receivable due from IAC of $0.1 million pursuant to the services agreement. This amount was deducted from the charges due to IAC pursuant to the services agreement discussed above during the first quarter of 2019.

Separately, the Company subleases office space to IAC and charged IAC $1.4 million of rent for the year ended December 31, 2019. There were outstanding receivables of $0.9 million due from IAC at December 31, 2019, pursuant to sublease agreements.

Tax Sharing Agreement

The tax sharing agreement governs the rights, responsibilities, and obligations of the Company and IAC with respect to tax liabilities and benefits, entitlements to refunds, preparation of tax returns, tax contests and other tax matters regarding U.S.

federal, state, local and foreign income taxes. Under the tax sharing agreement, the Company is generally responsible and required to indemnify IAC for: (i) all taxes imposed with respect to any consolidated, combined or unitary tax return of IAC or its subsidiaries that includes the Company or any of its subsidiaries to the extent attributable to the Company or any of its subsidiaries, as determined under the tax sharing agreement, and (ii) all taxes imposed with respect to any of the Company's or its subsidiaries’ consolidated, combined, unitary or separate tax returns.

At December 31, 2019 and 2018, the Company had outstanding payables of $0.2 million and $12.1 million, respectively, due to IAC pursuant to the tax sharing agreement, which is included in "Accrued expenses and other current liabilities" in the accompanying consolidated balance sheet. During the first quarter of 2019, $11.4 million was paid to IAC, pursuant to this agreement.

Employee Matters Agreement

The employee matters agreement addresses certain compensation (including stock-based compensation) and benefit issues related to the allocation of liabilities associated with: (i) employment or termination of employment, (ii) employee benefit plans and (iii) equity awards. Under the employee matters agreement, the Company's employees participate in IAC’s U.S. health and welfare plans, 401(k) plan and flexible benefits plan and the Company reimburses IAC for the costs of such participation. In the event IAC no longer retains shares representing at least 80% of the aggregate voting power of shares entitled to vote in the election of the Company’s Board of Directors, ANGI Homeservices will no longer participate in IAC’s employee benefit plans, but will establish its own employee benefit plans that will be substantially similar to the plans sponsored by IAC prior to the Combination.

In addition, the employee matters agreement requires the Company to reimburse IAC for the cost of any IAC equity awards held by ANGI Homeservices current and former employees, with IAC electing to receive payment in cash or shares of our Class B common stock. This agreement also provides that IAC may require stock appreciation rights granted prior to the closing of the Combination and equity awards in our subsidiaries to be settled in either shares of our Class A common stock or IAC common stock. To the extent shares of IAC common stock are issued in settlement of these awards, the Company is obligated to reimburse IAC for the cost of those shares by issuing shares of our Class A common stock in the case of stock appreciation rights granted prior to the closing of the Combination and shares of our Class B common stock in the case of equity awards in our subsidiaries.

Lastly, pursuant to the employee matters agreement, in the event of a distribution of ANGI capital stock to IAC stockholders in a transaction intended to qualify as tax-free for U.S. federal income tax purposes, the Compensation Committee of the IAC Board of Directors has the exclusive authority to determine the treatment of outstanding IAC equity awards. Such authority includes (but is not limited to) the ability to convert all or part of IAC equity awards outstanding immediately prior to the distribution into equity awards denominated in shares of ANGI Class A Common Stock, which ANGI would be obligated to assume and which would be dilutive to ANGI's stockholders.

For the years ended December 31, 2019 and 2018 and for the period subsequent to the Combination through December 31, 2017, 0.5 million, 0.9 million and 0.4 million shares of ANGI Homeservices Class B common stock were issued to IAC, respectively, pursuant to the employee matters agreement as reimbursement for shares of IAC common stock issued in connection with the exercise and vesting of IAC equity awards held by ANGI Homeservices employees.

Relationship with IAC Prior to the Combination

For periods prior to the Combination, the Company’s combined statement of operations includes allocations of general and administrative costs, including stock-based compensation expense, related to IAC’s accounting, treasury, legal, tax, corporate support and internal audit functions. These allocations were based on the HomeAdvisor business' revenue as a percentage of IAC’s total revenue. Allocated general and administrative costs, inclusive of stock-based compensation expense, was $4.8 million for the year ended December 31, 2017 and is included in "General and administrative expense" in the accompanying consolidated and combined statement of operations. It is not practicable to determine the actual expenses that would have been incurred for these services had the HomeAdvisor business operated as a standalone entity during the periods presented. Management considers the allocation method to be reasonable.

The following table summarizes the components of the net increase in IAC’s investment in HomeAdvisor prior to the contribution of the HomeAdvisor business to ANGI Homeservices:



	Through September 29, 2017
	(In thousands)
Cash transfers from IAC related to its centrally managed U.S. treasury management function, acquisitions and cash expenses paid by IAC on behalf of HomeAdvisor, net	$	(80,368	)
Taxes	38,162
Interest income, net^(a)	656
Allocation of general and administrative expense	(4,789		)
Net increase in IAC’s investment in HomeAdvisor	$	(46,339	)

________________________________


^(a)	Interest expense on long-term debt—related party is not included.

The related party notes described below were settled in full immediately prior to the Combination.

On October 14, 2016, the Company, through a foreign subsidiary, issued a promissory note due October 14, 2023 in the amount of $42.0 million to a foreign subsidiary of IAC that is not part of the HomeAdvisor business. The proceeds were used to finance the acquisition of MyHammer and refinance an $11.4 million loan that was previously outstanding. The promissory note bore interest at 11% per annum.

On March 20, 2017, the Company, through two foreign subsidiaries, issued promissory notes in the amount of £21.0 million due March 20, 2024 ("Note A") and $15.5 million due March 20, 2047 ("Note B"), respectively, to two foreign subsidiaries of IAC that are not part of the HomeAdvisor business. The proceeds were used to finance the acquisition of MyBuilder. Note A and Note B bore interest at 6.5% and 7% per annum, respectively.

On February 7, 2017, the Company, through a foreign subsidiary, issued a promissory note due February 7, 2024 in the amount of £8.4 million to a foreign subsidiary of IAC that is not part of the HomeAdvisor business. The proceeds were used to finance the acquisition of HomeStars. The promissory note bore interest at 6.875% per annum.

On August 29, 2013, the Company, through a foreign subsidiary, issued a promissory note due August 29, 2018 in the amount of $5.0 million to a foreign subsidiary of IAC that is not part of the HomeAdvisor business. The proceeds were used to repay certain indebtedness. The promissory note bore interest at LIBOR plus 2.00%.

Intercompany Loans Entered Into in Connection with the Combination

On September 29, 2017, the Company and IAC entered into two intercompany notes (collectively referred to as "Intercompany Notes") as follows: (i) a Payoff Intercompany Note, which provided the funds necessary to repay the outstanding balance under Angie's List's existing credit agreement, totaling $61.5 million; and (ii) a Working Capital Intercompany Note, which provided ANGI Homeservices with $15 million for working capital purposes. These Intercompany Notes were repaid on November 1, 2017 with a portion of the proceeds from the Term Loan that were received on the same date.

Long-Term Debt—Related Party for Periods Prior and Subsequent to the Combination

Long-term debt—related party consists of:



	December 31,
	2018
	(in thousands)
Long-term debt—related party	$	1,015
Total long-term debt—related party, net	$	1,015

Immediately prior to the Combination, the Company, through a foreign subsidiary, sold a promissory note in the amount of €2.4 million to a foreign subsidiary of IAC. During the first quarter of 2019, the amount outstanding on the promissory note at December 31, 2018 of €0.9 million, or $1.0 million, was repaid.

Interest expense related to long-term debt—related party is included in "Interest expense—related party" in the accompanying consolidated and combined statement of operations.

BENEFIT PLANS	12 Months Ended
BENEFIT PLANS	Dec. 31, 2019
Retirement Benefits [Abstract]
BENEFIT PLANS	BENEFIT PLANS The Company's employees in the United States are eligible to participate in a retirement savings plan sponsored by IAC, which is qualified under Section 401(k) of the Internal Revenue Code. Under the IAC/InterActiveCorp Retirement Savings Plan (the "IAC Plan"), participating employees may contribute up to 50% of their pre-tax earnings, but not more than statutory limits. The current employer match under the IAC Plan is fifty cents for each dollar a participant contributes in the IAC Plan, with a maximum contribution of 3% of a participant's eligible earnings. Matching contributions under the IAC Plan for the years ended December 31, 2019, 2018 and 2017 are $6.3 million, $5.6 million and $3.5 million, respectively. Matching contributions are invested in the same manner as each participant’s voluntary contributions in the investment options provided under the IAC Plan. An investment option in the IAC Plan is IAC common stock, but neither participant nor matching contributions are required to be invested in IAC common stock. The increase in matching contributions in 2019 and 2018 was due to an increase in headcount from continued business growth. Internationally, the Company also has or participates in various benefit plans, primarily defined contribution plans. The Company's contributions for these plans for the years ended December 31, 2019, 2018 and 2017 were $0.5 million, $0.4 million, and $0.3 million, respectively. Angie's List Plan Merger into the IAC Plan Effective January 1, 2018 Angie's List sponsored a 401(k) profit-sharing plan (the "Angie's List Plan") that covered substantially all of its employees. Contributions to the Angie's List Plan were discretionary. Angie's List contributed 3% of gross pay for all eligible employees. Matching contributions under the Angie's List Plan, for the period subsequent to the Combination through December 31, 2017 were $0.6 million. The Angie's List Plan was merged into the IAC Plan effective January 1, 2018.

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS



	December 31,
	2019		2018
	(In thousands)
Other current assets:
Capitalized costs to obtain a contract with a customer	$	35,103	$	35,482
Proceeds receivable from the sale of a business	—		24,250
Prepaid expenses	21,790		16,218
Other	10,866		8,983
Other current assets	$	67,759	$	84,933



	December 31,
	2019			2018
	(In thousands)
Capitalized software, leasehold improvements and equipment, net:
Capitalized software and computer equipment	$	105,956		$	59,521
Leasehold improvements	32,559			16,340
Furniture and other equipment	13,435			5,860
Projects in progress	19,638			25,611
Capitalized software, leasehold improvements and equipment	171,588			107,332
Accumulated depreciation and amortization	(68,227		)	(36,473		)
Capitalized software, leasehold improvements and equipment, net	$	103,361		$	70,859



	December 31,
	2019		2018
	(In thousands)
Accrued expenses and other current liabilities:
Accrued advertising expense	$	29,682	$	20,216
Accrued employee compensation and benefits	28,630		24,977
Other	58,685		60,794
Accrued expenses and other current liabilities	$	116,997	$	105,987



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Other income, net	$	6,510	$	17,859	$	1,974

Other income, net in 2019 principally includes third party interest income of $8.0 million and net foreign currency exchange gains of $0.6 million, partially offset by a $1.8 million mark-to-market charge for an indemnification claim related to the Handy acquisition that will be settled in ANGI shares held in escrow.

Other income, net in 2018 includes a gain of $13.2 million related to the sale of Felix and third-party interest income of $4.8 million.

Other income, net in 2017 is principally net foreign currency exchange gains.

Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated and combined statement of cash flows:



	December 31, 2019		December 31, 2018		December 31, 2017		December 31, 2016
	(In thousands)
Cash and cash equivalents	$	390,565	$	336,984	$	221,521	$	36,377
Restricted cash included in other current assets	504		1,417		—		—
Restricted cash included in other assets	409		420		—		10,548
Total cash and cash equivalents and restricted cash as shown on the consolidated and combined statement of cash flows	$	391,478	$	338,821	$	221,521	$	46,925

Restricted cash at December 31, 2019 primarily consists of a deposit related to corporate credit cards.

Restricted cash at December 31, 2018 primarily consists of a cash collateralized letter of credit and a deposit related to corporate credit cards.

Restricted cash at December 31, 2016 primarily includes funds held in escrow for the MyHammer tender offer, which were returned to the Company in the first quarter of 2017.

Supplemental Disclosure of Non-Cash Transactions:

On October 19, 2018, ANGI issued 8.6 million shares of its Class A common stock valued at $165.8 million in connection with the acquisition of Handy.

On October 10, 2018, ANGI issued 5.1 million shares of its Class B common stock to IAC pursuant to the post-closing adjustment provision of the Angie's List merger agreement.

On September 29, 2017, ANGI issued 61.3 million shares of its Class A common stock valued at $763.7 million in connection with the Combination.

Supplemental Disclosure of Cash Flow Information:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Cash paid (received) during the year for:
Interest expense—third-party	$	10,290		$	12,148		$	—
Interest expense—related party	54			155			6,169
Income tax payments, including amounts paid to IAC for ANGI Homeservices' share of IAC's consolidated tax liability	12,224			332			1,700
Income tax refunds	(957		)	(172		)	(402		)

QUARTERLY RESULTS (UNAUDITED)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS (UNAUDITED)



	Quarter Ended March 31 ^(a)			Quarter Ended June 30 ^(a)		Quarter Ended September 30 ^(a)		Quarter Ended December 31^(a)
	(In thousands, except per share data)
Year Ended December 31, 2019
Revenue	$	303,443		$	343,896	$	357,358	$	321,508
Cost of revenue	10,011			10,722		13,312		12,448
Operating (loss) income	(3,641		)	11,403		24,726		6,157
Net earnings	9,851			7,234		18,324		(95		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	9,969			6,968		17,999		(107		)
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic earnings (loss) per share^(f)	$	0.02		$	0.01	$	0.04	$	(0.00	)
Diluted earnings (loss) per share^(f)	$	0.02		$	0.01	$	0.04	$	(0.00	)

	Quarter Ended March 31 ^(b)			Quarter Ended June 30 ^(c)		Quarter Ended September 30 ^(d)		Quarter Ended December 31 ^(e)
	(In thousands, except per share data)
Year Ended December 31, 2018
Revenue	$	255,311		$	294,822	$	303,116	$	278,992
Cost of revenue	13,595			14,703		14,015		13,426
Operating (loss) income	(10,756		)	23,262		33,515		17,885
Net (loss) earnings	(9,114		)	23,023		26,786		36,812
Net (loss) earnings attributable to ANGI Homeservices Inc. shareholders	(8,885		)	22,899		26,617		36,687
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic (loss) earnings per share^(f)	$	(0.02	)	$	0.05	$	0.06	$	0.07
Diluted (loss) earnings per share^(f)	$	(0.02	)	$	0.05	$	0.05	$	0.07

_________________________________________________________________________


^(a)	The first, second, third and fourth quarters of 2019 include after-tax stock-based compensation expense of $2.3 million, $2.0 million, $1.8 million, and $1.8 million, respectively, related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.

^(b)

The first quarter of 2018 includes after-tax stock-based compensation expense of $14.7 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination, and the acceleration of certain converted equity awards resulting from the termination of Angie's List employees in connection with the Combination, as well as after-tax costs of $4.0 million related to the Combination (including $2.8 million of deferred revenue write-offs).

^(c)

The second quarter of 2018 includes after-tax stock-based compensation expense of $12.8 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination, and the acceleration of certain converted equity awards resulting from the termination of Angie's List employees in connection with the Combination, as well as after-tax costs of $1.9 million related to the Combination (including $1.8 million of deferred revenue write-offs).


^(d)	The third quarter of 2018 includes after-tax stock-based compensation expense of $12.3 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.


^(e)	The fourth quarter of 2018 includes:


i.	after-tax stock-based compensation expense of $14.4 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.


ii.	an after-tax gain of $10.0 million related to the sale of Felix.

^(f)

Quarterly per share amounts may not add to the related annual per share amount because of differences in the average common shares outstanding during each period.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

Schedule II

ANGI HOMESERVICES INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS



Description	Balance at Beginning of Period		Charges to Earnings				Charges to Other Accounts				Deductions				Balance at End of Period
	(In thousands)
2019
Allowance for doubtful accounts and revenue reserves	$	16,603	$	64,278		^(a)	$	(48	)		$	(60,540	)	^(b)	$	20,293
Deferred tax valuation allowance	58,903		14,083			^(c)	(1,514		)	^(d)	—				71,472
Other reserves	3,919														5,057

2018
Allowance for doubtful accounts and revenue reserves	$	9,263	$	47,242		^(a)	$	(506	)		$	(39,396	)	^(b)	$	16,603
Deferred tax valuation allowance	61,563		(599		)	^(e)	(2,061		)	^(d)	—				58,903
Other reserves	—														3,919

2017
Allowance for doubtful accounts and revenue reserves	$	9,177	$	27,514		^(a)	$	271			$	(27,699	)	^(b)	$	9,263
Deferred tax valuation allowance	14,180		42,310			^(f)	5,073			^(g)	—				61,563

_________________________________________________________


^(a)	Additions to the allowance for doubtful accounts are charged to expense.


^(b)	Write-off of fully reserved accounts receivable. The Company writes off accounts receivable when they are deemed uncollectible, primarily once 180 days past due.


^(c)	Amount is primarily related to foreign and state NOLs.


^(d)	Amount is related to currency translation adjustments on foreign NOLs.


^(e)	Amount is primarily related to state NOLs.


^(f)	Amount is due primarily to the establishment of foreign NOLs related to an acquisition.

^(g)

Amount is related to acquired state NOLs and currency translation adjustments on foreign NOLs.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Basis of presentation and consolidation

Basis of Presentation and Consolidation

Accounting estimates

Accounting Estimates

Revenue recognition

Revenue Recognition

The Company's disaggregated revenue disclosures are presented in "Note 12—Segment Information."



	Under ASC 606 (as reported)			Under ASC 605			Effect of adoption of ASU No. 2014-09
	(In thousands)
Revenue by segment:
North America	$	1,062,171		$	1,062,171		$	—
Europe	70,070			70,070			—
Total	$	1,132,241		$	1,132,241		$	—

Operating costs and expenses by segment:
North America	$	984,069		$	989,004		$	(4,935	)
Europe	84,266			84,271			(5		)
Total	$	1,068,335		$	1,073,275		$	(4,940	)

Operating income (loss) by segment:
North America	$	78,102		$	73,167		$	4,935
Europe	(14,196		)	(14,201		)	5
Total	$	63,906		$	58,966		$	4,940

Net earnings	$	77,507		$	73,792		$	3,715

subscription fees are recognized as revenue using the straight-line method over the term of the applicable subscription period, which is typically one year.

Transaction Price

Arrangements with Multiple Performance Obligations

Assets Recognized from the Costs to Obtain a Contract with a Customer

Performance Obligations

Accounts Receivable, Net of Allowance for Doubtful Accounts and Revenue Reserves

Deferred Revenue

Cash and cash equivalents

Cash and Cash Equivalents

Capitalized software, leasehold improvements and equipment

Capitalized Software, Leasehold Improvements and Equipment



Asset Category		Estimated Useful Lives
Capitalized software and computer equipment		2 to 3 Years
Furniture and other equipment		5 to 7 Years
Leasehold improvements		5 to 25 Years

Business combinations

Business Combinations

Goodwill and indefinite-lived intangible assets

Goodwill and Indefinite-Lived Intangible Assets

Long-lived assets and intangible assets with definite lives

Long-Lived Assets and Intangible Assets with Definite Lives

Fair value measurements

Fair Value Measurements


•	Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets.

•

securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used.


•	Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities.

Advertising costs

Advertising Costs

Legal costs

Legal Costs

Legal costs are expensed as incurred.

Income taxes

Income Taxes

Earnings Per Share

Foreign currency translation and transaction gains and losses

Foreign Currency Translation and Transaction Gains and Losses

Stock-based compensation

Stock-Based Compensation

Stock-based compensation is measured at the grant date based on the fair value of the award and is expensed over the requisite service period.

Redeemable noncontrolling interests

Redeemable Noncontrolling Interests

Certain risks and concentrations

Certain Risks and Concentrations

Recent accounting pronouncements

Recent Accounting Pronouncements

Accounting Pronouncement adopted by the Company

Adoption of ASU No. 2016-02, Leases (Topic 842)

See "Note 13—Leases" for additional information on the adoption of ASC 842.

Accounting Pronouncements Not Yet Adopted by the Company

ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

Reclassifications

Certain prior year amounts have been reclassified to conform to the current year presentation.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule of Estimated Useful Lives of Property and Equipment

Depreciation is computed using the straight-line method over the estimated useful lives of the assets, or, in the case of leasehold improvements, the lease term, if shorter.



Asset Category		Estimated Useful Lives
Capitalized software and computer equipment		2 to 3 Years
Furniture and other equipment		5 to 7 Years
Leasehold improvements		5 to 25 Years



	December 31,
	2019			2018
	(In thousands)
Capitalized software, leasehold improvements and equipment, net:
Capitalized software and computer equipment	$	105,956		$	59,521
Leasehold improvements	32,559			16,340
Furniture and other equipment	13,435			5,860
Projects in progress	19,638			25,611
Capitalized software, leasehold improvements and equipment	171,588			107,332
Accumulated depreciation and amortization	(68,227		)	(36,473		)
Capitalized software, leasehold improvements and equipment, net	$	103,361		$	70,859

Schedule of New Accounting Pronouncements and Changes in Accounting Principles



	Under ASC 606 (as reported)			Under ASC 605			Effect of adoption of ASU No. 2014-09
	(In thousands)
Revenue by segment:
North America	$	1,062,171		$	1,062,171		$	—
Europe	70,070			70,070			—
Total	$	1,132,241		$	1,132,241		$	—

Operating costs and expenses by segment:
North America	$	984,069		$	989,004		$	(4,935	)
Europe	84,266			84,271			(5		)
Total	$	1,068,335		$	1,073,275		$	(4,940	)

Operating income (loss) by segment:
North America	$	78,102		$	73,167		$	4,935
Europe	(14,196		)	(14,201		)	5
Total	$	63,906		$	58,966		$	4,940

Net earnings	$	77,507		$	73,792		$	3,715

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Taxes

U.S. and foreign earnings (loss) before income taxes and noncontrolling interests are as follows:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
U.S.	$	39,821		$	82,652		$	(132,000	)
Foreign	(6,175		)	(12,628		)	(21,633		)
Total	$	33,646		$	70,024		$	(153,633	)

Schedule of Components of Income Tax Expense (Benefit)

The components of the income tax (benefit) provision are as follows:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Current income tax provision (benefit):
Federal	$	(43	)	$	—		$	(443	)
State	819			(20		)	21
Foreign	806			905			(334		)
Current income tax provision (benefit)	1,582			885			(756		)

Deferred income tax benefit
Federal	(3,416		)	(5,549		)	(38,587		)
State	517			(1,100		)	(8,467		)
Foreign	(351		)	(1,719		)	(1,296		)
Deferred income tax benefit	(3,250		)	(8,368		)	(48,350		)
Income tax benefit	$	(1,668	)	$	(7,483	)	$	(49,106	)

Schedule of Deferred Tax Assets and Liabilities



	December 31,
	2019			2018
	(In thousands)
Deferred tax assets:
NOL carryforwards	$	158,727		$	124,877
Stock-based compensation	33,613			35,991
Long-term lease liabilities	32,642			—
Other	26,226			14,786
Total deferred tax assets	251,208			175,654
Less valuation allowance	(71,472		)	(58,903		)
Net deferred tax assets	179,736			116,751

Deferred tax liabilities:
Intangible assets	(63,900		)	(75,722		)
Right-of-use assets	(24,836		)	—
Capitalized software, leasehold improvements and equipment	(12,377		)	(3,432		)
Capitalized costs to obtain a contract with a customer	(9,400		)	—
Other	(83		)	(568		)
Total deferred tax liabilities	(110,596		)	(79,722		)
Net deferred tax assets	$	69,140		$	37,029

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the income tax (benefit) provision to the amounts computed by applying the statutory federal income tax rate to earnings before income taxes is shown as follows:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Income tax provision (benefit) at the federal statutory rate of 21% (35% for 2017)	$	7,066		$	14,705		$	(53,771	)
State income taxes, net of effect of federal tax benefit	2,693			4,702			(3,678		)
Stock-based compensation	(12,768		)	(25,184		)	(32,702		)
Research credit	(3,308		)	(1,169		)	(784		)
Unbenefited losses	1,523			2,227			5,915
Deferred tax adjustment for enacted changes in tax law and rates	502			(1,431		)	33,002
Other, net	2,624			(1,333		)	2,912
Income tax benefit	$	(1,668	)	$	(7,483	)	$	(49,106	)

Schedule of Income Tax Contingencies

A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest, is as follows:



	December 31,
	2019		2018		2017
	(In thousands)
Balance at January 1	$	2,356	$	1,548	$	602
Additions based on tax positions related to the current year	1,325		411		235
Additions for tax positions of prior years	344		397		711
Balance at December 31	$	4,025	$	2,356	$	1,548

BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of Preliminary Estimated Fair Value of Assets Acquired and Liabilities Assumed

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of combination:



	Angie's List
	(In thousands)
Cash and cash equivalents	$	44,270
Other current assets	11,280
Property and equipment	16,341
Goodwill	545,204
Intangible assets	317,300
Total assets	934,395
Deferred revenue	(32,595		)
Other current liabilities	(46,150		)
Long-term debt - related party	(61,498		)
Deferred income taxes	(11,363		)
Other long-term liabilities	(1,405		)
Net assets acquired	$	781,384

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:



	HomeStars
	(In thousands)
Cash and cash equivalents	$	181
Other current assets	165
Goodwill	9,841
Intangible assets	6,414
Total assets	16,601
Current liabilities	(649		)
Other long-term liabilities	(1,873		)
Net assets acquired	$	14,079

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:



	MyBuilder
	(In thousands)
Cash and cash equivalents	$	6,004
Other current assets	344
Goodwill	37,072
Intangible assets	15,239
Total assets	58,659
Current liabilities	(2,065		)
Other long-term liabilities	(2,595		)
Net assets acquired	$	53,999

The table below summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:



	Handy
	(In thousands)
Cash and cash equivalents	$	5,710
Other current assets	2,050
Goodwill	115,183
Intangible assets	38,800
Other non-current assets	8
Deferred income taxes	20,070
Total assets	181,821
Current liabilities	(13,419		)
Net assets acquired	$	168,402

Schedule of Preliminary Estimated Fair Value of Intangible Assets Acquired

The fair values of the identifiable intangible assets acquired at the date of acquisition are as follows:



	Handy
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name and trademarks	$	18,800	Indefinite
Developed technology	15,600		4
User base	3,400		1
Retail partners	600		3
Service professionals	400		1
Total identifiable intangible assets acquired	$	38,800

The fair values of the identifiable intangible assets acquired at the date of acquisition are as follows:



	HomeStars
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name	$	2,358	Indefinite
Contractor relationships	2,435		2
Developed technology	1,522		2
User base	99		1
Total identifiable intangible assets acquired	$	6,414

The fair values of the identifiable intangible assets acquired at the date of acquisition are as follows:



	MyBuilder
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name	$	7,994	Indefinite
Contractor relationships	4,122		2
Developed technology	1,499		2
User base	1,624		1
Total identifiable intangible assets acquired	$	15,239

The fair values of the identifiable intangible assets acquired at the date of combination are as follows:



	Angie's List
	(In thousands)		Weighted-Average Useful Life (Years)
Indefinite-lived trade name and trademarks	$	137,000	Indefinite
Service professionals	90,500		3
Developed technology	63,900		6
Memberships	15,900		3
User base	10,000		1
Total identifiable intangible assets acquired	$	317,300

Schedule of Purchase Price

The table below summarizes the purchase price:



	Angie's List
	(In thousands)
Class A common stock	$	763,684
Cash consideration for holders who elected to receive $8.50 in cash per share of Angie's List common stock	1,913
Fair value of vested and pro rata portion of unvested stock options attributable to pre-combination services	11,749
Fair value of the pro rata portion of unvested restricted stock units attributable to pre-combination services	4,038
Total purchase price	$	781,384

Schedule of Pro Forma Financial Information

Unaudited Pro Forma Financial Information



	Years Ended December 31,
	2018		2017
	(In thousands)
Revenue	$	1,155,960	$	986,301
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$	75,577	$	(46,459	)
Basic earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders	$	0.16	$	(0.11	)
Diluted earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders	$	0.15	$	(0.11	)

GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets, Net

Goodwill and intangible assets, net are as follows:



	December 31,
	2019		2018
	(In thousands)
Goodwill	$	883,960	$	894,709
Intangible assets with indefinite lives	171,599		171,486
Intangible assets with definite lives, net of accumulated amortization	80,126		132,809
Total goodwill and intangible assets, net	$	1,135,685	$	1,199,004

Schedule of Goodwill by Reporting Unit

The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2019:



	Balance at December 31, 2018		Additions		(Deductions)			Foreign Exchange Translation			Balance at December 31, 2019
	(In thousands)
North America	$	824,037	$	18,326	$	(29,266	)	$	320		$	813,417
Europe	70,672		—		—			(129		)	70,543
Total goodwill	$	894,709	$	18,326	$	(29,266	)	$	191		$	883,960

The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2018:



	Balance at December 31, 2017		Additions		(Deductions)			Foreign Exchange Translation			Balance at December 31, 2018
	(In thousands)
North America	$	696,291	$	142,768	$	(14,373	)	$	(649	)	$	824,037
Europe	73,935		—		—			(3,263		)	70,672
Total goodwill	$	770,226	$	142,768	$	(14,373	)	$	(3,912	)	$	894,709

Schedule of Intangible Assets with Definite Lives

Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2019 and 2018, intangible assets with definite lives are as follows:



	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted-Average Useful Life (Years)
	(Dollars in thousands)
Service professional relationships	$	99,651	$	(76,445	)	$	23,206	2.9
Technology	89,095		(37,721		)	51,374		5.3
Memberships	15,900		(11,940		)	3,960		3.0
Customer lists and user base	14,298		(13,590		)	708		1.4
Trade names	2,390		(1,512		)	878		6.8
Total	$	221,334	$	(141,208	)	$	80,126	3.8



	December 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted-Average Useful Life (Years)
	(Dollars in thousands)
Service professional relationships	$	99,528	$	(44,674	)	$	54,854	2.9
Technology	88,049		(22,078		)	65,971		5.4
Memberships	15,900		(6,640		)	9,260		3.0
Customer lists and user base	13,496		(10,772		)	2,724		1.0
Trade names	1,425		(1,425		)	—		5.0
Total	$	218,398	$	(85,589	)	$	132,809	3.8

Schedule of Expected Amortization of Intangible Assets

At December 31, 2019, amortization of intangible assets with definite lives for each of the next five years and thereafter is estimated to be as follows:



Years Ending December 31,	(In thousands)
2020	$	42,298
2021	14,951
2022	13,964
2023	8,148
2024	190
Thereafter	575
Total	$	80,126

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Current Available-for-sale Marketable Debt Securities

At December 31, 2018, current available-for-sale marketable debt securities were as follows:



	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(In thousands)
Treasury discount notes	$	24,947	$	1	$	(1	)	$	24,947
Total available-for-sale marketable debt securities	$	24,947	$	1	$	(1	)	$	24,947

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis:



	December 31, 2019
	Quoted Market Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	291,810	$	—	$	—	$	291,810
Time deposits	—		23,040		—		23,040
Total	$	291,810	$	23,040	$	—	$	314,850



	December 31, 2018
	Quoted Market Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	137,359	$	—	$	—	$	137,359
Treasury discount notes	—		99,914		—		99,914
Commercial paper	—		52,931		—		52,931
Time deposits	—		15,000		—		15,000
Marketable debt securities:
Treasury discount notes	—		24,947		—		24,947
Total	$	137,359	$	192,792	$	—	$	330,151

Schedule of Carrying Value and Fair Value of Financial Instruments

The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes:



	December 31, 2019						December 31, 2018
	Carrying Value			Fair Value			Carrying Value			Fair Value
	(In thousands)
Current portion of long-term debt	$	(13,750	)	$	(13,681	)	$	(13,750	)	$	(12,753	)
Long-term debt, net^(a)	(231,946		)	(232,581		)	(244,971		)	(229,556		)
Long-term debt—related party, net	—			—			(1,015		)	(1,092		)

_________________

^(a)

At December 31, 2019 and 2018, the carrying value of long-term debt, net includes unamortized debt issuance costs of $1.8 million and $2.5 million, respectively.

LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consists of:



	December 31,
	2019		2018
	(In thousands)
Term Loan due November 5, 2023	$	247,500	$	261,250
Less: current portion of Term Loan	13,750		13,750
Less: unamortized debt issuance costs	1,804		2,529
Total long-term debt, net	$	231,946	$	244,971

Schedule of Aggregate Contractual Maturities of Long-term Debt

Long-term debt maturities:



Years Ending December 31,	(In thousands)
2020	$	13,750
2021	13,750
2022	27,500
2023	192,500
Total	247,500
Less: current portion of Term Loan	13,750
Less: unamortized debt issuance costs	1,804
Total long-term debt, net	$	231,946

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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-Paragraph 1
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 505
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Accumulated Other Comprehensive (Loss) Income

The following tables present the components of accumulated other comprehensive (loss) income and items reclassified out of accumulated other comprehensive (loss) income into earnings:



	Year Ended December 31, 2019
	Foreign Currency Translation Adjustment			Unrealized Gains On Available-For-Sale Debt Securities			Accumulated Other Comprehensive (Loss) Income
	(In thousands)
Balance at January 1	$	(1,864	)	$	3		$	(1,861	)
Other comprehensive income (loss)	485			(3		)	482
Net current period other comprehensive income (loss)	485			(3		)	482
Balance at December 31	$	(1,379	)	$	—		$	(1,379	)



	Year Ended December 31, 2018
	Foreign Currency Translation Adjustment			Unrealized Gains On Available-For-Sale Debt Securities		Accumulated Other Comprehensive Income (Loss)
	(In thousands)
Balance at January 1	$	2,232		$	—	$	2,232
Other comprehensive (loss) income before reclassifications	(4,044		)	3		(4,041		)
Amounts reclassified to earnings	(52		)	—		(52		)
Net current period other comprehensive (loss) income	(4,096		)	3		(4,093		)
Balance at December 31	$	(1,864	)	$	3	$	(1,861	)



	Year Ended December 31, 2017
	Foreign Currency Translation Adjustment			Accumulated Other Comprehensive (Loss) Income
	(In thousands)
Balance at January 1	$	(1,721	)	$	(1,721	)
Other comprehensive income before reclassifications	3,980			3,980
Amounts reclassified to earnings	(27		)	(27		)
Net current period other comprehensive income	3,953			3,953
Balance at December 31	$	2,232		$	2,232

EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings (Loss) per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share attributable to ANGI Homeservices shareholders:



	Years Ended December 31,
	2019						2018						2017
	Basic			Diluted			Basic			Diluted			Basic			Diluted
	(In thousands, except per share data)
Numerator:
Net earnings (loss)	$	35,314		$	35,314		$	77,507		$	77,507		$	(104,527	)	$	(104,527	)
Net (earnings) loss attributable to noncontrolling interests	(485		)	(485		)	(189		)	(189		)	1,409			1,409
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$	34,829		$	34,829		$	77,318		$	77,318		$	(103,118	)	(103,118		)

Denominator:
Weighted average basic shares outstanding	504,875			504,875			484,232			484,232			430,612			430,612
Dilutive securities ^(a)(b)(c)	—			13,044			—			29,365			—			—
Denominator for earnings per share—weighted average shares	504,875			517,919			484,232			513,597			430,612			430,612

Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Earnings (loss) per share	$	0.07		$	0.07		$	0.16		$	0.15		$	(0.24	)	$	(0.24	)

________________________

^(a)

^(b)

^(c)

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Changes in Outstanding Stock Options

Stock options and stock appreciation rights outstanding at December 31, 2019 and changes during the year ended December 31, 2019 is as follows:



	December 31, 2019
	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (In Years)	Aggregate Intrinsic Value
	(Shares and intrinsic value in thousands)
Outstanding at January 1, 2019	33,158		$	3.42
Granted	—		—
Exercised	(9,009	)	2.06
Forfeited	(158	)	8.16
Expired	(7	)	23.21
Outstanding at December 31, 2019	23,984		$	3.89	6.4	$	114,687
Exercisable	15,208		$	3.52	6.1	$	78,854

Schedule of Information for Stock Options Outstanding and Exercisable

The following table summarizes the information about stock options and stock appreciation rights outstanding and exercisable at December 31, 2019:



	Awards Outstanding				Awards Exercisable
Range of Exercise Prices	Outstanding at December 31, 2019	Weighted Average Remaining Contractual Life in Years	Weighted Average Exercise Price		Exercisable at December 31, 2019	Weighted Average Remaining Contractual Life in Years	Weighted Average Exercise Price
	(Shares in thousands)
$0.01 to $3.00	9,562	5.5	$	1.84	7,904	5.3	$	1.67
$3.01 to $6.00	12,997	7.1	4.53		6,347	7.1	4.53
$6.01 to $9.00	149	5.1	7.93		141	5	7.89
$9.01 to $12.00	771	7.3	10.64		436	6.8	10.51
$12.01 to $15.00	369	6.5	12.94		244	5.9	13.04
$15.01 to $18.00	—	—	—		—	—	—
$18.01 to $21.00	115	3.2	19.88		115	3.2	19.88
$21.01 to $24.00	21	3.6	22.02		21	3.6	22.02
	23,984	6.4	$	3.89	15,208	6.1	$	3.52

Schedule of Weighted Average Assumptions

The following are the weighted average assumptions used in the Black-Scholes option pricing model:



	Year Ended
	December 31, 2017
Expected volatility	50	%
Risk-free interest rate	2.0	%
Expected term	5.5 years
Dividend yield	—	%

Schedule of Outstanding Unvested RSUs



	RSUs				MSUs				PSUs
	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares _(a)		Weighted Average Grant Date Fair Value		Number of Shares _(a)		Weighted Average Grant Date Fair Value
	(Shares in thousands)
Unvested at January 1, 2019	4,611		$	16.77	—		$	—	—		$	—
Granted	2,666		13.16		3,979		3.67		923		15.93
Vested	(1,259	)	15.39		(472	)	4.03		—		—
Forfeited	(358	)	9.14		(4	)	4.03		(42	)	16.89
Unvested at December 31, 2019	5,660		$	15.29	3,503		$	3.62	881		$	15.89

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents revenue by reportable segment:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Revenue:
North America	$	1,249,892	$	1,062,171	$	678,897
Europe	76,313		70,070		57,489
Total	$	1,326,205	$	1,132,241	$	736,386

Schedule of Segmented Revenue Disaggregated by Service

The following table presents the revenue of the Company's segments disaggregated by type of service:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
North America
Marketplace:
Consumer connection revenue^(a)	$	913,533	$	704,341	$	521,481
Service professional membership subscription revenue	64,706		66,214		56,135
Other revenue	6,971		3,940		3,798
Total Marketplace revenue	985,210		774,495		581,414
Advertising and other revenue^(b)	264,682		287,676		97,483
Total North America revenue	1,249,892		1,062,171		678,897
Europe
Consumer connection revenue^(a)	59,611		50,913		40,009
Service professional membership subscription revenue	14,231		17,362		16,596
Advertising and other revenue	2,471		1,795		884
Total Europe revenue	76,313		70,070		57,489
Total revenue	$	1,326,205	$	1,132,241	$	736,386

___________________________


^(a)	Includes fees paid by service professionals for consumer matches and revenue from completed jobs sourced through the HomeAdvisor and Handy platforms.

^(b)

Includes Angie's List revenue from service professionals under contract for advertising and Angie's List membership subscription fees from consumers, as well as revenue from mHelpDesk, HomeStars, Fixd Repair and Felix. Felix was sold on December 31, 2018 and its revenue for the years ended December 31, 2018 and 2017 were $36.9 million and $26.9 million, respectively.

Schedule of Revenue and Long-lived Assets by Geographic Areas

Geographic information about revenue and long-lived assets is presented below:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Revenue:
United States	$	1,234,755	$	1,050,641	$	672,159
All other countries	91,450		81,600		64,227
Total	$	1,326,205	$	1,132,241	$	736,386

The United States is the only country whose revenue is greater than 10% of total revenue of the Company for the years ended December 31, 2019, 2018 and 2017.



	December 31,
	2019		2018
	(In thousands)
Long-lived assets (excluding goodwill and intangible assets):
United States	$	95,822	$	65,510
All other countries	7,539		5,349
Total	$	103,361	$	70,859

Schedule of Reconciliation of Adjusted EBITDA to Operating Income (Loss)

The following tables present operating income (loss) and Adjusted EBITDA by reportable segment:



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Operating income (loss):
North America	$	48,967		$	78,102		$	(128,483	)
Europe	(10,322		)	(14,196		)	(19,388		)
Total	$	38,645		$	63,906		$	(147,871	)



	Years Ended December 31,
	2019			2018			2017
	(In thousands)
Adjusted EBITDA^(c):
North America	$	208,192		$	253,963		$	50,182
Europe	$	(5,895	)	$	(6,457	)	$	(11,019	)

___________________________

^(c)

The following tables reconcile operating income (loss) for the Company’s reportable segments and net earnings (loss) attributable to ANGI Homeservices Inc. shareholders to Adjusted EBITDA:



	Year Ended December 31, 2019
	Operating Income (Loss)			Stock-Based Compensation Expense		Depreciation		Amortization of Intangibles		Adjusted EBITDA
	(In thousands)
North America	$	48,967		$	67,646	$	37,481	$	54,098	$	208,192
Europe	(10,322		)	$	609	$	2,434	$	1,384	$	(5,895	)
Operating income	38,645
Interest expense—third-party	(11,493		)
Interest expense—related party	(16		)
Other income, net	6,510
Earnings before income taxes	33,646
Income tax benefit	1,668
Net earnings	35,314
Net earnings attributable to noncontrolling interests	(485		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$	34,829



	Year Ended December 31, 2018
	Operating Income (Loss)			Stock-Based Compensation Expense		Depreciation		Amortization of Intangibles		Adjusted EBITDA
	(In thousands)
North America	$	78,102		$	96,078	$	21,888	$	57,895	$	253,963
Europe	(14,196		)	$	1,000	$	2,422	$	4,317	$	(6,457	)
Operating income	63,906
Interest expense—third-party	(11,623		)
Interest expense—related party	(118		)
Other income, net	17,859
Earnings before income taxes	70,024
Income tax benefit	7,483
Net earnings	77,507
Net earnings attributable to noncontrolling interests	(189		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$	77,318



	Year Ended December 31, 2017
	Operating Loss			Stock-Based Compensation Expense		Depreciation		Amortization of Intangibles		Adjusted EBITDA
	(In thousands)
North America	$	(128,483	)	$	147,574	$	13,243	$	17,848	$	50,182
Europe	(19,388		)	$	1,656	$	1,300	$	5,413	$	(11,019	)
Operating loss	(147,871		)
Interest expense—third-party	(1,765		)
Interest expense—related party	(5,971		)
Other income, net	1,974
Loss before income taxes	(153,633		)
Income tax benefit	49,106
Net loss	(104,527		)
Net loss attributable to noncontrolling interests	1,409
Net loss attributable to ANGI Homeservices Inc. shareholders	$	(103,118	)

Schedule of Capital Expenditures by Segment

The following table presents capital expenditures by reportable segment:



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Capital expenditures:
North America	$	64,215	$	42,976	$	24,214
Europe	4,589		4,000		2,623
Total	$	68,804	$	46,976	$	26,837

LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information of Leases



Leases	Balance Sheet Classification	December 31, 2019
		(In thousands)
Assets:
Right-of-use assets	Right-of-use assets, net	$	101,243

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	13,234
Long-term lease liabilities	Other long-term liabilities	119,375
Total lease liabilities		$	132,609

Schedule of Lease Cost and Other Information



	Year Ended December 31, 2019
	(In thousands)
Other information:
Right-of-use assets obtained in exchange for lease liabilities	$	58,701
Cash paid for amounts included in the measurement of lease liabilities	$	18,363



Lease Cost	Income Statement Classification	Year Ended December 31, 2019
		(In thousands)
Fixed lease cost	Cost of revenue	$	207
Fixed lease cost	Selling and marketing expense	9,277
Fixed lease cost	General and administrative expense	7,617
Fixed lease cost	Product development expense	1,456
Total fixed lease cost^(a)		18,557
Variable lease cost	Cost of revenue	—
Variable lease cost	Selling and marketing expense	1,572
Variable lease cost	General and administrative expense	1,021
Variable lease cost	Product development expense	308
Total variable lease cost		2,901
Net lease cost		$	21,458

________________________________

^(a)

Includes $0.6 million of short-term lease cost and $1.4 million of sublease income for the year ended December 31, 2019, respectively.

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of December 31, 2019^(b):



For Years Ending December 31:	(In thousands)
2020	$	19,882
2021	23,059
2022	21,890
2023	20,658
2024	19,875
Thereafter	62,534
Total	167,898
Less: Interest	35,289
Present value of lease liabilities	$	132,609

________________________________

^(b) Lease payments exclude $0.3 million of legally binding minimum lease payments for leases signed but not yet commenced.

Schedule of Weighted-Average Lease Term and Discount Rate of Leases

The following are the weighted average assumptions used for lease term and discount rate as of December 31, 2019:



Remaining lease term	7.7 years
Discount rate	5.99	%

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commercial Commitments Outstanding

Future payments under noncancelable unconditional purchase obligations as of December 31, 2019 are as follows:



	Amount of Commitment Expiration Per Period
	Less Than 1 Year		1–3 Years		3–5 Years		More Than 5 Years		Total
	(In thousands)
Purchase obligations	$	28,591	$	5,600	$	—	$	—	$	34,191

RELATED PARTY TRANSACTIONS WITH IAC (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Related Party Transactions

The following table summarizes the components of the net increase in IAC’s investment in HomeAdvisor prior to the contribution of the HomeAdvisor business to ANGI Homeservices:



	Through September 29, 2017
	(In thousands)
Cash transfers from IAC related to its centrally managed U.S. treasury management function, acquisitions and cash expenses paid by IAC on behalf of HomeAdvisor, net	$	(80,368	)
Taxes	38,162
Interest income, net^(a)	656
Allocation of general and administrative expense	(4,789		)
Net increase in IAC’s investment in HomeAdvisor	$	(46,339	)

________________________________

^(a)

Interest expense on long-term debt—related party is not included.

Schedule of Long-term Debt by Related Parties

Long-term debt—related party consists of:



	December 31,
	2018
	(in thousands)
Long-term debt—related party	$	1,015
Total long-term debt—related party, net	$	1,015

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS (Tables)

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Other Current Assets



	December 31,
	2019		2018
	(In thousands)
Other current assets:
Capitalized costs to obtain a contract with a customer	$	35,103	$	35,482
Proceeds receivable from the sale of a business	—		24,250
Prepaid expenses	21,790		16,218
Other	10,866		8,983
Other current assets	$	67,759	$	84,933

Schedule of Property and Equipment, Net

Depreciation is computed using the straight-line method over the estimated useful lives of the assets, or, in the case of leasehold improvements, the lease term, if shorter.



Asset Category		Estimated Useful Lives
Capitalized software and computer equipment		2 to 3 Years
Furniture and other equipment		5 to 7 Years
Leasehold improvements		5 to 25 Years



	December 31,
	2019			2018
	(In thousands)
Capitalized software, leasehold improvements and equipment, net:
Capitalized software and computer equipment	$	105,956		$	59,521
Leasehold improvements	32,559			16,340
Furniture and other equipment	13,435			5,860
Projects in progress	19,638			25,611
Capitalized software, leasehold improvements and equipment	171,588			107,332
Accumulated depreciation and amortization	(68,227		)	(36,473		)
Capitalized software, leasehold improvements and equipment, net	$	103,361		$	70,859

Schedule of Accrued Expenses and Other Current Liabilities



	December 31,
	2019		2018
	(In thousands)
Accrued expenses and other current liabilities:
Accrued advertising expense	$	29,682	$	20,216
Accrued employee compensation and benefits	28,630		24,977
Other	58,685		60,794
Accrued expenses and other current liabilities	$	116,997	$	105,987

Schedule of Other Income (Expense), Net



	Years Ended December 31,
	2019		2018		2017
	(In thousands)
Other income, net	$	6,510	$	17,859	$	1,974

Schedule of Cash and Cash Equivalents



	December 31, 2019		December 31, 2018		December 31, 2017		December 31, 2016
	(In thousands)
Cash and cash equivalents	$	390,565	$	336,984	$	221,521	$	36,377
Restricted cash included in other current assets	504		1,417		—		—
Restricted cash included in other assets	409		420		—		10,548
Total cash and cash equivalents and restricted cash as shown on the consolidated and combined statement of cash flows	$	391,478	$	338,821	$	221,521	$	46,925

Schedule of Restricted Cash



	December 31, 2019		December 31, 2018		December 31, 2017		December 31, 2016
	(In thousands)
Cash and cash equivalents	$	390,565	$	336,984	$	221,521	$	36,377
Restricted cash included in other current assets	504		1,417		—		—
Restricted cash included in other assets	409		420		—		10,548
Total cash and cash equivalents and restricted cash as shown on the consolidated and combined statement of cash flows	$	391,478	$	338,821	$	221,521	$	46,925

QUARTERLY RESULTS (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Results



	Quarter Ended March 31 ^(a)			Quarter Ended June 30 ^(a)		Quarter Ended September 30 ^(a)		Quarter Ended December 31^(a)
	(In thousands, except per share data)
Year Ended December 31, 2019
Revenue	$	303,443		$	343,896	$	357,358	$	321,508
Cost of revenue	10,011			10,722		13,312		12,448
Operating (loss) income	(3,641		)	11,403		24,726		6,157
Net earnings	9,851			7,234		18,324		(95		)
Net earnings attributable to ANGI Homeservices Inc. shareholders	9,969			6,968		17,999		(107		)
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic earnings (loss) per share^(f)	$	0.02		$	0.01	$	0.04	$	(0.00	)
Diluted earnings (loss) per share^(f)	$	0.02		$	0.01	$	0.04	$	(0.00	)

	Quarter Ended March 31 ^(b)			Quarter Ended June 30 ^(c)		Quarter Ended September 30 ^(d)		Quarter Ended December 31 ^(e)
	(In thousands, except per share data)
Year Ended December 31, 2018
Revenue	$	255,311		$	294,822	$	303,116	$	278,992
Cost of revenue	13,595			14,703		14,015		13,426
Operating (loss) income	(10,756		)	23,262		33,515		17,885
Net (loss) earnings	(9,114		)	23,023		26,786		36,812
Net (loss) earnings attributable to ANGI Homeservices Inc. shareholders	(8,885		)	22,899		26,617		36,687
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic (loss) earnings per share^(f)	$	(0.02	)	$	0.05	$	0.06	$	0.07
Diluted (loss) earnings per share^(f)	$	(0.02	)	$	0.05	$	0.05	$	0.07

_________________________________________________________________________


^(a)	The first, second, third and fourth quarters of 2019 include after-tax stock-based compensation expense of $2.3 million, $2.0 million, $1.8 million, and $1.8 million, respectively, related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.

^(b)

^(c)


^(d)	The third quarter of 2018 includes after-tax stock-based compensation expense of $12.3 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.


^(e)	The fourth quarter of 2018 includes:


i.	after-tax stock-based compensation expense of $14.4 million related to the modification of previously issued HomeAdvisor equity awards and previously issued Angie's List equity awards, both of which were converted into ANGI Homeservices' equity awards in the Combination.


ii.	an after-tax gain of $10.0 million related to the sale of Felix.

^(f)

Quarterly per share amounts may not add to the related annual per share amount because of differences in the average common shares outstanding during each period.

ORGANIZATION - Narrative (Details) service_professional in Thousands, project in Millions	12 Months Ended
	Dec. 31, 2019 operating_segment service_professional project service_category
Noncontrolling Interest [Line Items]
Number of service categories	500
Number of service professionals \| service_professional	250
Number of projects (more than) \| project	25
Number of operating segments \| operating_segment	2
Angie's List
Noncontrolling Interest [Line Items]
Number of service categories	700
ANGI Homeservices \| Class B Common Stock \| IAC
Noncontrolling Interest [Line Items]
Ownership interest (as a percent)	84.10%
Voting interest (as a percent)	98.10%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Jan. 01, 2019 USD ($)	Oct. 01, 2018 USD ($)	Jan. 01, 2018 USD ($)	Oct. 01, 2017 USD ($)
Disaggregation of Revenue [Line Items]
Amortization of contract assets	$ 56,800,000	$ 50,000,000.0
Current contract assets	35,103,000	35,482,000				$ 29,700,000
Non-current contract assets	4,000,000.0	3,400,000				4,200,000
Deferred revenue	58,400,000	61,900,000				64,100,000
Deferred revenue recognized	61,000,000.0	61,200,000
Current deferred revenue	58,220,000	61,417,000
Non-current deferred revenue	$ 200,000	500,000
Cash equivalents maturity period at purchase (less than)	91 days
Market capitalization							$ 3,600,000,000
Amount by which market capitalization exceeds carrying value					$ 2,200,000,000
Goodwill and indefinite-lived intangible assets impairment	$ 0	0	$ 0
Advertising expense	484,300,000	334,700,000	282,300,000
Adjustment of redeemable noncontrolling interests to fair value	(8,242,000)	(1,244,000)	(3,332,000)
Deferred tax liability	3,441,000	3,808,000
Retained earnings (accumulated deficit)	16,032,000	(18,797,000)
Right-of-use assets, net	101,243,000	0
Lease liability	132,609,000
Cumulative effect of adoption of new accounting standard						25,649,000
Redeemable Noncontrolling Interest
Disaggregation of Revenue [Line Items]
Adjustment of redeemable noncontrolling interests to fair value	8,242,000	1,244,000	$ 3,332,000
Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Current contract assets						29,700,000
Non-current contract assets						4,200,000
Deferred tax liability						8,300,000
Retained earnings (accumulated deficit)						$ 25,600,000
Accounting Standards Update 2016-02
Disaggregation of Revenue [Line Items]
Right-of-use assets, net				$ 69,400,000
Cumulative effect of adoption of new accounting standard				$ 0
International
Disaggregation of Revenue [Line Items]
Cash equivalents	$ 0	$ 0
Europe
Disaggregation of Revenue [Line Items]
Amount by which market capitalization exceeds carrying value					113,300,000
North America
Disaggregation of Revenue [Line Items]
Amount by which market capitalization exceeds carrying value					$ 2,100,000,000
Discount Rate \| Europe
Disaggregation of Revenue [Line Items]
Measurement input (as a percent)	0.15	0.15
Discount Rate \| Minimum
Disaggregation of Revenue [Line Items]
Measurement input (as a percent)	0.115
Discount Rate \| Maximum
Disaggregation of Revenue [Line Items]
Measurement input (as a percent)	0.275
Royalty Rate \| Indefinite-lived Intangible Assets \| Minimum
Disaggregation of Revenue [Line Items]
Measurement input (as a percent)	0.015
Royalty Rate \| Indefinite-lived Intangible Assets \| Maximum
Disaggregation of Revenue [Line Items]
Measurement input (as a percent)	0.055

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives of Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Capitalized software, leasehold improvements and equipment, net:
Property and equipment, net	$ 103,361	$ 70,859
Capitalized software and computer equipment \| Minimum
Capitalized software, leasehold improvements and equipment, net:
Estimated useful life	2 years
Capitalized software and computer equipment \| Maximum
Capitalized software, leasehold improvements and equipment, net:
Estimated useful life	3 years
Furniture and other equipment \| Minimum
Capitalized software, leasehold improvements and equipment, net:
Estimated useful life	5 years
Furniture and other equipment \| Maximum
Capitalized software, leasehold improvements and equipment, net:
Estimated useful life	7 years
Leasehold improvements \| Minimum
Capitalized software, leasehold improvements and equipment, net:
Estimated useful life	5 years
Leasehold improvements \| Maximum
Capitalized software, leasehold improvements and equipment, net:
Estimated useful life	25 years
Capitalized internal use software
Capitalized software, leasehold improvements and equipment, net:
Property and equipment, net	$ 56,300	$ 37,600

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Effect of Adoption of ASU 2014-09 (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenue	$ 321,508	$ 357,358	$ 343,896	$ 303,443	$ 278,992	$ 303,116	$ 294,822	$ 255,311	$ 1,326,205	$ 1,132,241	$ 736,386
Operating costs and expenses by segment:									1,287,560	1,068,335	884,257
Operating income (loss) by segment:	6,157	24,726	11,403	(3,641)	17,885	33,515	23,262	(10,756)	38,645	63,906	(147,871)
Net earnings	$ (95)	$ 18,324	$ 7,234	$ 9,851	$ 36,812	$ 26,786	$ 23,023	$ (9,114)
Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Revenue										1,132,241
Operating costs and expenses by segment:										1,068,335
Operating income (loss) by segment:										63,906
Net earnings										77,507
Accounting Standards Update 2014-09 \| Under ASC 605
Disaggregation of Revenue [Line Items]
Revenue										1,132,241
Operating costs and expenses by segment:										1,073,275
Operating income (loss) by segment:										58,966
Net earnings										73,792
Accounting Standards Update 2014-09 \| Effect of adoption of ASU No. 2014-09
Disaggregation of Revenue [Line Items]
Revenue										0
Operating costs and expenses by segment:										(4,940)
Operating income (loss) by segment:										4,940
Net earnings										3,715
North America
Disaggregation of Revenue [Line Items]
Revenue									1,249,892	1,062,171	678,897
Operating income (loss) by segment:									48,967	78,102	(128,483)
North America \| Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Revenue										1,062,171
Operating costs and expenses by segment:										984,069
Operating income (loss) by segment:										78,102
North America \| Accounting Standards Update 2014-09 \| Under ASC 605
Disaggregation of Revenue [Line Items]
Revenue										1,062,171
Operating costs and expenses by segment:										989,004
Operating income (loss) by segment:										73,167
North America \| Accounting Standards Update 2014-09 \| Effect of adoption of ASU No. 2014-09
Disaggregation of Revenue [Line Items]
Revenue										0
Operating costs and expenses by segment:										(4,935)
Operating income (loss) by segment:										4,935
Europe
Disaggregation of Revenue [Line Items]
Revenue									76,313	70,070	57,489
Operating income (loss) by segment:									$ (10,322)	(14,196)	$ (19,388)
Europe \| Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Revenue										70,070
Operating costs and expenses by segment:										84,266
Operating income (loss) by segment:										(14,196)
Europe \| Accounting Standards Update 2014-09 \| Under ASC 605
Disaggregation of Revenue [Line Items]
Revenue										70,070
Operating costs and expenses by segment:										84,271
Operating income (loss) by segment:										(14,201)
Europe \| Accounting Standards Update 2014-09 \| Effect of adoption of ASU No. 2014-09
Disaggregation of Revenue [Line Items]
Revenue										0
Operating costs and expenses by segment:										(5)
Operating income (loss) by segment:										$ 5

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Tax Credit Carryforward [Line Items]
Deferred tax asset payable to parent	$ 75,700
Operating loss carryforwards not subject to expiration	298,000
Income tax benefit related to net operating losses	28,200
Income tax benefit related to net operating losses recorded as a reduction to goodwill	26,900
Deferred tax assets	251,208	$ 175,654
Less valuation allowance	(71,472)	(58,903)
Unrecognized tax benefits including tax interest accrued	4,100	2,400
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	4,000
Income tax provision		2,400
Decrease in unrecognized tax benefits is reasonably possible	1,400
Decrease in unrecognized tax benefits is reasonably possible, amount which would reduce income tax provision	1,200
Deferred tax adjustment for enacted changes in tax law and rates	502	$ (1,431)	$ 33,002
Federal Tax Authority
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	372,200
State and Local Jurisdiction
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	365,800
Operating loss carryforwards not subject to expiration	55,800
Foreign Tax Authority
Tax Credit Carryforward [Line Items]
Operating loss carryforwards not subject to expiration	121,200
Operating loss carryforwards available to offset future income	322,400
Operating loss carryforwards subject to expiration	24,400
Less valuation allowance	(12,600)
Federal and State Tax Credits
Tax Credit Carryforward [Line Items]
Operating loss carryforwards	11,700
Operating loss carryforwards not subject to expiration	600
Operating loss carryforwards subject to expiration	11,000
Deferred tax assets	177,700
Portion of deferred tax assets that will be utilized upon future reversal of deferred tax liabilities	61,800
Portion of deferred tax assets that will be utilized based on forecasts of future taxable income	$ 115,900

INCOME TAXES - Income before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
U.S.	$ 39,821	$ 82,652	$ (132,000)
Foreign	(6,175)	(12,628)	(21,633)
Earnings (loss) before income taxes	$ 33,646	$ 70,024	$ (153,633)

INCOME TAXES - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current income tax provision (benefit):
Federal	$ (43)		$ (443)
State	819	$ (20)	21
Foreign	806	905	(334)
Current income tax provision (benefit)	1,582	885	(756)
Deferred income tax benefit
Federal	(3,416)	(5,549)	(38,587)
State	517	(1,100)	(8,467)
Foreign	(351)	(1,719)	(1,296)
Deferred income tax benefit	(3,250)	(8,368)	(48,350)
Income tax benefit	$ (1,668)	$ (7,483)	$ (49,106)

INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
NOL carryforwards	$ 158,727	$ 124,877
Stock-based compensation	33,613	35,991
Long-term lease liabilities	32,642
Other	26,226	14,786
Total deferred tax assets	251,208	175,654
Less valuation allowance	(71,472)	(58,903)
Net deferred tax assets	179,736	116,751
Deferred tax liabilities:
Intangible assets	(63,900)	(75,722)
Right-of-use assets	(24,836)
Capitalized software, leasehold improvements and equipment	(12,377)	(3,432)
Capitalized costs to obtain a contract with a customer	(9,400)
Other	(83)	(568)
Total deferred tax liabilities	(110,596)	(79,722)
Net deferred tax assets	$ 69,140	$ 37,029

INCOME TAXES - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax provision (benefit) at the federal statutory rate of 21% (35% for 2017)	$ 7,066	$ 14,705	$ (53,771)
State income taxes, net of effect of federal tax benefit	2,693	4,702	(3,678)
Stock-based compensation	(12,768)	(25,184)	(32,702)
Research credit	(3,308)	(1,169)	(784)
Unbenefited losses	1,523	2,227	5,915
Deferred tax adjustment for enacted changes in tax law and rates	502	(1,431)	33,002
Other, net	2,624	(1,333)	2,912
Income tax benefit	$ (1,668)	$ (7,483)	$ (49,106)

INCOME TAXES - Income Tax Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns
Balance at January 1	$ 2,356	$ 1,548	$ 602
Additions based on tax positions related to the current year	1,325	411	235
Additions for tax positions of prior years	344	397	711
Balance at December 31	$ 4,025	$ 2,356	$ 1,548

BUSINESS COMBINATIONS - Narrative (Details) $ / shares in Units, $ in Thousands, £ in Millions, shares in Millions, $ in Millions							3 Months Ended								12 Months Ended
	Oct. 19, 2018 USD ($) $ / shares shares	Sep. 29, 2017 USD ($) $ / shares	Mar. 24, 2017 USD ($)	Mar. 24, 2017 GBP (£)	Feb. 08, 2017 USD ($)	Feb. 08, 2017 CAD ($)	Dec. 31, 2019 USD ($)	Sep. 30, 2019 USD ($)	Jun. 30, 2019 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Sep. 30, 2018 USD ($)	Jun. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Mar. 24, 2017 GBP (£)	Feb. 08, 2017 CAD ($)
Business Acquisition
Stock-based compensation expense															$ 68,255	$ 97,078	$ 149,230
Revenue							$ 321,508	$ 357,358	$ 343,896	$ 303,443	$ 278,992	$ 303,116	$ 294,822	$ 255,311	1,326,205	1,132,241	736,386
Handy
Business Acquisition
Proportion of voting interests acquired (as a percent)	100.00%
Consideration transferred	$ 168,400
Common stock issued (shares) \| shares	8.6
Common stock	$ 165,800
Share price (USD per share) \| $ / shares	$ 19.31
Adjustment to deferred tax assets															27,200
Adjustment to goodwill															$ (27,200)
Angie's List
Business Acquisition
Proportion of voting interests acquired (as a percent)		100.00%
Consideration transferred		$ 781,384
Share price (USD per share) \| $ / shares		$ 12.46
Cash acquisition price		$ 1,900
Cash paid to holders of acquiree common stock (USD per share) \| $ / shares		$ 8.50
Revenue																	58,900
Net earnings																	21,700
Stock-based compensation expense																	28,700
Severance costs																19,800
Write-off due to deferred revenue																7,800
HomeStars
Business Acquisition
Proportion of voting interests acquired (as a percent)					90.00%														90.00%
Cash acquisition price					$ 12,700	$ 16.6
Working capital adjustment					$ 200														$ 0.3
Proportion of noncontrolling interests (as a percent)					10.00%	10.00%
Fair value at acquisition					$ 1,400	$ 1.9
Enterprise value of business using purchase price (as a percent)					100.00%	100.00%
Revenue																	6,500
Net loss																	1,200
MyBuilder
Business Acquisition
Proportion of voting interests acquired (as a percent)			75.00%															75.00%
Cash acquisition price			$ 40,700	£ 32.6
Working capital adjustment			$ 800															£ 0.6
Proportion of noncontrolling interests (as a percent)			25.00%	25.00%
Fair value at acquisition			$ 13,300	£ 10.7
Enterprise value of business using purchase price (as a percent)			100.00%	100.00%
Revenue																	8,000
Net loss																	1,400
Acquisition-related Costs
Business Acquisition
Severance costs																	19,800
Deferred Revenue Write Off Adjustment
Business Acquisition
Adjustment to increase (decrease) revenues																4,600	35,200
Modification of Equity Awards
Business Acquisition
Adjustment to decrease stock-based compensation																	77,200
Amortization Adjustment
Business Acquisition
Adjustment to decrease amortization of intangible assets																$ (2,500)	$ (39,100)

BUSINESS COMBINATIONS - Purchase Price (Details) - Angie's List $ / shares in Units, $ in Thousands	Sep. 29, 2017 USD ($) $ / shares
Business Acquisition
Cash consideration for holders who elected to receive $8.50 in cash per share of Angie's List common stock	$ 1,900
Total purchase price	$ 781,384
Cash paid to holders of acquiree common stock (USD per share) \| $ / shares	$ 8.50
Class A Common Stock
Business Acquisition
Cash consideration for holders who elected to receive $8.50 in cash per share of Angie's List common stock	$ 1,913
Consideration transferred, equity interests	$ 763,684
Cash paid to holders of acquiree common stock (USD per share) \| $ / shares	$ 8.50
Class A Common Stock \| Stock Options
Business Acquisition
Consideration transferred, equity interests	$ 11,749
Class A Common Stock \| RSUs
Business Acquisition
Consideration transferred, equity interests	$ 4,038

BUSINESS COMBINATIONS - Preliminary Estimated Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Oct. 19, 2018	Dec. 31, 2017	Sep. 29, 2017	Mar. 24, 2017	Feb. 08, 2017
Business Acquisition
Goodwill	$ 883,960	$ 894,709		$ 770,226
Handy
Business Acquisition
Cash and cash equivalents			$ 5,710
Other current assets			2,050
Goodwill			115,183
Intangible assets			38,800
Other non-current assets			8
Deferred income taxes			20,070
Total assets			181,821
Current liabilities			(13,419)
Net assets acquired			$ 168,402
Angie's List
Business Acquisition
Cash and cash equivalents					$ 44,270
Other current assets					11,280
Property and equipment					16,341
Goodwill					545,204
Intangible assets					317,300
Total assets					934,395
Deferred revenue					(32,595)
Other current liabilities					(46,150)
Long-term debt - related party					(61,498)
Deferred income taxes					(11,363)
Other long-term liabilities					(1,405)
Net assets acquired					$ 781,384
HomeStars
Business Acquisition
Cash and cash equivalents							$ 181
Other current assets							165
Goodwill							9,841
Intangible assets							6,414
Total assets							16,601
Current liabilities							(649)
Other long-term liabilities							(1,873)
Net assets acquired							$ 14,079
MyBuilder
Business Acquisition
Cash and cash equivalents						$ 6,004
Other current assets						344
Goodwill						37,072
Intangible assets						15,239
Total assets						58,659
Current liabilities						(2,065)
Other long-term liabilities						(2,595)
Net assets acquired						$ 53,999

BUSINESS COMBINATIONS - Intangible Assets Acquired as Part of Business Combination (Details) - USD ($) $ in Thousands	Oct. 19, 2018	Sep. 29, 2017	Mar. 24, 2017	Feb. 08, 2017
Handy
Business Acquisition
Total identifiable intangible assets acquired	$ 38,800
Handy \| Developed technology
Business Acquisition
Finite-lived intangible assets acquired	$ 15,600
Weighted-Average Useful Life (Years)	4 years
Handy \| User base
Business Acquisition
Finite-lived intangible assets acquired	$ 3,400
Weighted-Average Useful Life (Years)	1 year
Handy \| Retail partners
Business Acquisition
Finite-lived intangible assets acquired	$ 600
Weighted-Average Useful Life (Years)	3 years
Handy \| Service professionals
Business Acquisition
Finite-lived intangible assets acquired	$ 400
Weighted-Average Useful Life (Years)	1 year
Angie's List
Business Acquisition
Total identifiable intangible assets acquired		$ 317,300
Angie's List \| Developed technology
Business Acquisition
Finite-lived intangible assets acquired		$ 63,900
Weighted-Average Useful Life (Years)		6 years
Angie's List \| Memberships
Business Acquisition
Finite-lived intangible assets acquired		$ 15,900
Weighted-Average Useful Life (Years)		3 years
Angie's List \| User base
Business Acquisition
Finite-lived intangible assets acquired		$ 10,000
Weighted-Average Useful Life (Years)		1 year
Angie's List \| Service professionals
Business Acquisition
Finite-lived intangible assets acquired		$ 90,500
Weighted-Average Useful Life (Years)		3 years
HomeStars
Business Acquisition
Total identifiable intangible assets acquired				$ 6,414
HomeStars \| Developed technology
Business Acquisition
Finite-lived intangible assets acquired				$ 1,522
Weighted-Average Useful Life (Years)				2 years
HomeStars \| User base
Business Acquisition
Finite-lived intangible assets acquired				$ 99
Weighted-Average Useful Life (Years)				1 year
HomeStars \| Contractor relationships
Business Acquisition
Finite-lived intangible assets acquired				$ 2,435
Weighted-Average Useful Life (Years)				2 years
MyBuilder
Business Acquisition
Total identifiable intangible assets acquired			$ 15,239
MyBuilder \| Developed technology
Business Acquisition
Finite-lived intangible assets acquired			$ 1,499
Weighted-Average Useful Life (Years)			2 years
MyBuilder \| User base
Business Acquisition
Finite-lived intangible assets acquired			$ 1,624
Weighted-Average Useful Life (Years)			1 year
MyBuilder \| Contractor relationships
Business Acquisition
Finite-lived intangible assets acquired			$ 4,122
Weighted-Average Useful Life (Years)			2 years
Indefinite-lived trade name and trademarks \| Handy
Business Acquisition
Indefinite-lived trade name and trademarks	$ 18,800
Indefinite-lived trade name and trademarks \| Angie's List
Business Acquisition
Indefinite-lived trade name and trademarks		$ 137,000
Indefinite-lived trade name and trademarks \| HomeStars
Business Acquisition
Indefinite-lived trade name and trademarks				$ 2,358
Indefinite-lived trade name and trademarks \| MyBuilder
Business Acquisition
Indefinite-lived trade name and trademarks			$ 7,994

BUSINESS COMBINATIONS - Pro Forma Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition, Pro Forma Information [Abstract]
Revenue	$ 1,155,960	$ 986,301
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$ 75,577	$ (46,459)
Basic earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders (USD per share)	$ 0.16	$ (0.11)
Diluted earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders (USD per share)	$ 0.15	$ (0.11)

GOODWILL AND INTANGIBLE ASSETS - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 883,960	$ 894,709	$ 770,226
Intangible assets with indefinite lives	171,599	171,486
Intangible assets with definite lives, net of accumulated amortization	80,126	132,809
Total goodwill and intangible assets, net	$ 1,135,685	$ 1,199,004

GOODWILL AND INTANGIBLE ASSETS - Goodwill by Reporting Unit (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Goodwill
Balance at beginning of period	$ 894,709	$ 770,226
Additions	18,326	142,768
(Deductions)	(29,266)	(14,373)
Foreign Exchange Translation	191	(3,912)
Balance at end of period	883,960	894,709
North America
Goodwill
Balance at beginning of period	824,037	696,291
Additions	18,326	142,768
(Deductions)	(29,266)	(14,373)
Foreign Exchange Translation	320	(649)
Balance at end of period	813,417	824,037
Europe
Goodwill
Balance at beginning of period	70,672	73,935
Additions	0	0
(Deductions)	0	0
Foreign Exchange Translation	(129)	(3,263)
Balance at end of period	$ 70,543	$ 70,672

GOODWILL AND INTANGIBLE ASSETS - Intangible Assets with Definite Lives (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Intangible assets with definite lives
Gross Carrying Amount	$ 221,334	$ 218,398
Accumulated Amortization	(141,208)	(85,589)
Total	$ 80,126	$ 132,809
Weighted-Average Useful Life (Years)	3 years 9 months 18 days	3 years 9 months 18 days
Service professional relationships
Intangible assets with definite lives
Gross Carrying Amount	$ 99,651	$ 99,528
Accumulated Amortization	(76,445)	(44,674)
Total	$ 23,206	$ 54,854
Weighted-Average Useful Life (Years)	2 years 10 months 24 days	2 years 10 months 24 days
Technology
Intangible assets with definite lives
Gross Carrying Amount	$ 89,095	$ 88,049
Accumulated Amortization	(37,721)	(22,078)
Total	$ 51,374	$ 65,971
Weighted-Average Useful Life (Years)	5 years 3 months 18 days	5 years 4 months 24 days
Memberships
Intangible assets with definite lives
Gross Carrying Amount	$ 15,900	$ 15,900
Accumulated Amortization	(11,940)	(6,640)
Total	$ 3,960	$ 9,260
Weighted-Average Useful Life (Years)	3 years	3 years
Customer lists and user base
Intangible assets with definite lives
Gross Carrying Amount	$ 14,298	$ 13,496
Accumulated Amortization	(13,590)	(10,772)
Total	$ 708	$ 2,724
Weighted-Average Useful Life (Years)	1 year 4 months 24 days	1 year
Trade names
Intangible assets with definite lives
Gross Carrying Amount	$ 2,390	$ 1,425
Accumulated Amortization	(1,512)	$ (1,425)
Total	$ 878
Weighted-Average Useful Life (Years)	6 years 9 months 18 days	5 years

GOODWILL AND INTANGIBLE ASSETS - Expected Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 42,298
2021	14,951
2022	13,964
2023	8,148
2024	190
Thereafter	575
Total	$ 80,126	$ 132,809

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Current Available-for-Sale Marketable Debt Securities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost		$ 24,947,000
Gross Unrealized Gains		1,000
Gross Unrealized Losses		(1,000)
Fair Value	$ 0	24,947,000
Proceeds from maturities of marketable debt securities	25,000,000	35,000,000
Gross realized gains (losses) from the maturities of available-for-sale marketable debt securities	$ 0	0
Treasury discount notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost		24,947,000
Gross Unrealized Gains		1,000
Gross Unrealized Losses		(1,000)
Fair Value		$ 24,947,000

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets:
Cash equivalents	$ 314,850,000
Total		$ 330,151,000
Available-for-sale securities	0	24,947,000
Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	291,810,000
Total		137,359,000
Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	23,040,000
Total		192,792,000
Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0
Total		0
Money market funds
Assets:
Cash equivalents	291,810,000	137,359,000
Money market funds \| Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	291,810,000	137,359,000
Money market funds \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	0	0
Money market funds \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0	0
Time deposits
Assets:
Cash equivalents	23,040,000	15,000,000
Time deposits \| Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	0	0
Time deposits \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	23,040,000	15,000,000
Time deposits \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	$ 0	0
Treasury discount notes
Assets:
Cash equivalents		99,914,000
Available-for-sale securities		24,947,000
Treasury discount notes \| Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents		0
Available-for-sale securities		0
Treasury discount notes \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		99,914,000
Available-for-sale securities		24,947,000
Treasury discount notes \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		0
Available-for-sale securities		0
Commercial paper
Assets:
Cash equivalents		52,931,000
Commercial paper \| Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents		0
Commercial paper \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		52,931,000
Commercial paper \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		$ 0

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt—related party, net	$ 0	$ (1,015)
Debt issuance costs	1,804	2,529
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long-term debt	(13,750)	(13,750)
Long-term debt, net(a)	(231,946)	(244,971)
Long-term debt—related party, net	0	(1,015)
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long-term debt	(13,681)	(12,753)
Long-term debt, net(a)	(232,581)	(229,556)
Long-term debt—related party, net	$ 0	$ (1,092)

LONG-TERM DEBT - Narrative (Details) - USD ($)			10 Months Ended	12 Months Ended				30 Months Ended
LONG-TERM DEBT - Narrative (Details) - USD ($)	Nov. 05, 2018	Nov. 01, 2017	Nov. 05, 2023	Dec. 31, 2022	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2021
Debt Instrument
Net (earnings) loss attributable to noncontrolling interests					$ (485,000)	$ (189,000)	$ 1,409,000
Net earnings (loss)					35,314,000	77,507,000	$ (104,527,000)
Revolving Credit Facility
Debt Instrument
Maximum borrowing capacity	$ 250,000,000
Debt Instrument, Term	5 years
Credit facility borrowings outstanding					$ 0	$ 0
Commitment fee rate (as a percent)					25.00%
Loans Payable \| Term Loan due November 05, 2023
Debt Instrument
Maximum borrowing capacity		$ 275,000,000
Debt Instrument, Term		5 years
Basis spread on variable rate (as a percent)					3.25%	3.98%
Loans Payable \| Term Loan due November 05, 2023 \| Minimum
Debt Instrument
Leverage ratio					1.0
Interest coverage ratio					1.0
Net leverage ratio					1.0
Loans Payable \| Term Loan due November 05, 2023 \| Maximum
Debt Instrument
Leverage ratio					4.5
Interest coverage ratio					2.0
Net leverage ratio					4.25
Loans Payable \| Term Loan due November 05, 2023 \| LIBOR
Debt Instrument
Basis spread on variable rate (as a percent)					1.50%
Forecast \| Loans Payable \| Term Loan due November 05, 2023
Debt Instrument
Quarterly Principal Repayments			$ 10,300,000	$ 6,900,000				$ 3,400,000
Final principal payment			$ 161,600,000

LONG-TERM DEBT - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Disclosure [Abstract]
Term Loan due November 5, 2023	$ 247,500	$ 261,250
Less: current portion of Term Loan	13,750	13,750
Less: unamortized debt issuance costs	1,804	2,529
Total long-term debt, net	$ 231,946	$ 244,971

LONG-TERM DEBT - Aggregate Contractual Maturities of Long-Term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Disclosure [Abstract]
2020	$ 13,750
2021	13,750
2022	27,500
2023	192,500
Total	247,500	$ 261,250
Less: current portion of Term Loan	13,750	13,750
Less: unamortized debt issuance costs	1,804	2,529
Total long-term debt, net	$ 231,946	$ 244,971

SHAREHOLDERS' EQUITY - Narrative (Details) $ in Thousands	12 Months Ended
SHAREHOLDERS' EQUITY - Narrative (Details) $ in Thousands	Dec. 31, 2019 USD ($) vote / shares vote shares	Dec. 31, 2018 USD ($) shares	Feb. 06, 2019 shares
Class of Stock [Line Items]
Purchase of treasury stock \| $	$ 57,949
Remaining stock authorized for repurchase (shares)	7,700,000
Class A Common Stock
Class of Stock [Line Items]
Votes per each share of stock \| vote	1
Common stock outstanding (shares)	79,681,000	80,515,000
Common stock reserved (shares)	55,900,000
Stock authorized for repurchase (shares)			15,000,000
Treasury stock acquired during period (shares)	7,300,000
Purchase of treasury stock \| $		$ 57,900
Class B Convertible Common Stock
Class of Stock [Line Items]
Votes per each share of stock \| vote	10
Common stock outstanding (shares)	421,570,000	421,118,000
Class C Common Stock
Class of Stock [Line Items]
Common stock outstanding (shares)	0	0
Common stock, voting rights	1.00%
Delaware \| Class C Common Stock
Class of Stock [Line Items]
Fractional votes for each share of common stock \| vote / shares	0.01
IAC \| Class B Convertible Common Stock
Class of Stock [Line Items]
Common stock outstanding (shares)	421,600,000
ANGI Homeservices \| IAC \| Class B Convertible Common Stock
Class of Stock [Line Items]
Ownership interest (as a percent)	84.10%
Voting interest (as a percent)	98.10%
Minimum proportion of non-voting capital stock that parent is enabled to maintain upon issuance of new stock (as a percent)	80.10%

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax expense (benefit)	$ (1,668,000)	$ (7,483,000)	$ (49,106,000)
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax expense (benefit)	$ 0	$ 0	$ 0

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Summary (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Loss
Balance at beginning of period	$ 1,312,941
Other comprehensive (loss) income before reclassifications	482	$ (4,041)	$ 3,980
Amounts reclassified to earnings		(52)	(27)
Other comprehensive income (loss)	482	(4,093)	3,953
Balance at end of period	1,314,288	1,312,941
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Loss
Balance at beginning of period	(1,864)	2,232	(1,721)
Other comprehensive (loss) income before reclassifications	485	(4,044)	3,980
Amounts reclassified to earnings		(52)	(27)
Other comprehensive income (loss)	485	(4,096)	3,953
Balance at end of period	(1,379)	(1,864)	2,232
Unrealized Gains On Available-For-Sale Debt Securities
Accumulated Other Comprehensive Loss
Balance at beginning of period	3	0
Other comprehensive (loss) income before reclassifications	(3)	3
Amounts reclassified to earnings		0
Other comprehensive income (loss)	(3)	3
Balance at end of period	0	3	0
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Loss
Balance at beginning of period	(1,861)	2,232	(1,721)
Balance at end of period	$ (1,379)	$ (1,861)	$ 2,232

EARNINGS (LOSS) PER SHARE - Summary (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Net earnings (loss)									$ 35,314	$ 77,507	$ (104,527)
Net (earnings) loss attributable to noncontrolling interests									(485)	(189)	1,409
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$ (107)	$ 17,999	$ 6,968	$ 9,969	$ 36,687	$ 26,617	$ 22,899	$ (8,885)	$ 34,829	$ 77,318	$ (103,118)
Weighted average basic shares outstanding (shares)									504,875	484,232	430,612
Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (shares)									13,044	29,365	0
Weighted average diluted shares outstanding (shares)									517,919	513,597	430,612
Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Basic (loss) earnings per share (USD per share)	$ 0.00	$ 0.04	$ 0.01	$ 0.02	$ 0.07	$ 0.06	$ 0.05	$ (0.02)	$ 0.07	$ 0.16	$ (0.24)
Diluted (loss) earnings per share (USD per share)	$ 0.00	$ 0.04	$ 0.01	$ 0.02	$ 0.07	$ 0.05	$ 0.05	$ (0.02)	$ 0.07	$ 0.15	$ (0.24)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)									5,500	3,100	54,100
PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)									900	1,300

STOCK-BASED COMPENSATION - Narrative (Details) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2019 USD ($) shares	Jun. 30, 2017 USD ($)	Dec. 31, 2019 USD ($) installment plan $ / shares shares	Dec. 31, 2018 USD ($) $ / shares shares	Dec. 31, 2017 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award
Number of active stock-based compensation plans \| plan			1
Shares available for grant (in shares)	19,600,000		19,600,000
Unrecognized compensation cost, net of estimated forfeitures \| $	$ 108,000		$ 108,000
Weighted average period over which cost is expected to be recognized (in years)			2 years 3 months 18 days
Tax benefit recognized related to stock-based compensation \| $			$ 28,800	$ 49,500	$ 71,100
Intrinsic value of stock options exercised \| $			$ 107,500	$ 151,200	$ 100,700
Stock options granted in period (shares)	0		0	0	900,000
Weighted average grant date fair value of stock options granted (in usd per share) \| $ / shares					$ 4.30
Incremental compensation cost \| $		$ 6,600	$ 217,700
Incremental compensation cost from modification recognized in year of modification \| $			29,000	$ 56,900	$ 93,400
Accelerated cost \| $				3,900
Cash received from stock option exercises \| $			573	4,693	1,653
Cash remitted in stock issuance assuming conversion \| $			$ (12,768)	$ (25,184)	(32,702)
Assumed withholding rate (as a percent)			50.00%
Weighted average grant date fair value of RSUs (USD per share) \| $ / shares			$ 3.67
Stock options outstanding (shares)	23,984,000		23,984,000	33,158,000
Equity units granted (shares)			3,979,000
2017 Plan
Share-based Compensation Arrangement by Share-based Payment Award
Stated term			10 years
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			4 years
Tax benefit realized from stock option exercises \| $			$ 27,900	$ 40,200	$ 47,300
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award
Stock options granted in period (shares)					4,700,000
Weighted average grant date fair value of stock options granted (in usd per share) \| $ / shares					$ 8.24
Stock issued assuming conversion (shares)			6,800,000
Cash remitted in stock issuance assuming conversion \| $			$ 57,300
RSUs & Subsidiary Denominated Equity Instruments
Share-based Compensation Arrangement by Share-based Payment Award
Stock issued assuming conversion (shares)			5,100,000
Cash remitted in stock issuance assuming conversion \| $			$ 43,400
RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Number of installments \| installment			2
Vesting rate (as a percent)			50.00%
Weighted average grant date fair value of RSUs (USD per share) \| $ / shares			$ 13.16	$ 18.08	$ 12.58
Fair value of RSU's that vested during the period \| $			$ 16,100	$ 19,500	$ 19,200
Equity units granted (shares)			2,666,000
Subsidiary Denominated Equity Instruments
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			4 years
MSUs
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			2 years
Weighted average grant date fair value of RSUs (USD per share) \| $ / shares			$ 3.67
Fair value of RSU's that vested during the period \| $			$ 3,200
Equity units granted (shares)				0	0
IAC Denominated Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			4 years
Stock options granted (in shares)			0	0	0
Stock options outstanding (shares)	100,000		100,000
Expiration period			10 years
PSUs
Share-based Compensation Arrangement by Share-based Payment Award
Weighted average grant date fair value of RSUs (USD per share) \| $ / shares			$ 15.93
Equity units granted (shares)			923,000	0	0
IAC/InterActiveCorp \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award
Stock options outstanding (shares)	100,000		100,000
Equity units granted (shares)			0	0
Minimum \| RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			3 years
Minimum \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			3 years
Maximum \| RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			4 years
Maximum \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period			5 years

STOCK-BASED COMPENSATION - Changes in Outstanding Stock Options (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Shares
Balance at beginning of period (shares)		33,158
Granted (shares)	0	0	0	900
Exercised (shares)	(9,009)
Forfeited (shares)	(158)
Expired (shares)	(7)
Balance at end of period (shares)	23,984	23,984	33,158
Options exercisable (shares)	15,208	15,208
Weighted Average Exercise Price
Balance at beginning of period (USD per share)		$ 3.42
Granted (USD per share)	$ 0
Exercised (USD per share)	2.06
Forfeited (USD per share)	8.16
Expired (USD per share)	23.21
Balance at end of period (USD per share)	3.89	3.89	$ 3.42
Options exercisable (USD per share)	$ 3.52	$ 3.52
Weighted Average Remaining Contractual Term (In Years)
Balance at end of period		6 years 4 months 24 days
Options exercisable		6 years 1 month 6 days
Aggregate Intrinsic Value
Balance at end of period	$ 114,687	$ 114,687
Options exercisable	$ 78,854	$ 78,854

STOCK-BASED COMPENSATION - Information for Stock Options Outstanding and Exercisable (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2019 $ / shares shares
$0.01 to $3.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	$ 0.01
Exercise price range, upper limit (USD per share)	3.00
$3.01 to $6.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	3.01
Exercise price range, upper limit (USD per share)	6.00
$6.01 to $9.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	6.01
Exercise price range, upper limit (USD per share)	9.00
$9.01 to $12.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	9.01
Exercise price range, upper limit (USD per share)	12.00
$12.01 to $15.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	12.01
Exercise price range, upper limit (USD per share)	15.00
$15.01 to $18.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	15.01
Exercise price range, upper limit (USD per share)	18.00
$18.01 to $21.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	18.01
Exercise price range, upper limit (USD per share)	21.00
$21.01 to $24.00
Awards Exercisable
Exercise price range, lower limit (USD per share)	21.01
Exercise price range, upper limit (USD per share)	$ 24.00
Stock Options
Awards Outstanding
Options outstanding (shares) \| shares	23,984
Weighted Average Remaining Contractual Life in Years	6 years 4 months 24 days
Weighted-average exercise price (USD per share)	$ 3.89
Awards Exercisable
Options exercisable (shares) \| shares	15,208
Weighted Average Remaining Contractual Life in Years	6 years 1 month 6 days
Weighted-average exercise price (USD per share)	$ 3.52
Stock Options \| $0.01 to $3.00
Awards Outstanding
Options outstanding (shares) \| shares	9,562
Weighted Average Remaining Contractual Life in Years	5 years 6 months
Weighted-average exercise price (USD per share)	$ 1.84
Awards Exercisable
Options exercisable (shares) \| shares	7,904
Weighted Average Remaining Contractual Life in Years	5 years 3 months 18 days
Weighted-average exercise price (USD per share)	$ 1.67
Stock Options \| $3.01 to $6.00
Awards Outstanding
Options outstanding (shares) \| shares	12,997
Weighted Average Remaining Contractual Life in Years	7 years 1 month 6 days
Weighted-average exercise price (USD per share)	$ 4.53
Awards Exercisable
Options exercisable (shares) \| shares	6,347
Weighted Average Remaining Contractual Life in Years	7 years 1 month 6 days
Weighted-average exercise price (USD per share)	$ 4.53
Stock Options \| $6.01 to $9.00
Awards Outstanding
Options outstanding (shares) \| shares	149
Weighted Average Remaining Contractual Life in Years	5 years 1 month 6 days
Weighted-average exercise price (USD per share)	$ 7.93
Awards Exercisable
Options exercisable (shares) \| shares	141
Weighted Average Remaining Contractual Life in Years	5 years
Weighted-average exercise price (USD per share)	$ 7.89
Stock Options \| $9.01 to $12.00
Awards Outstanding
Options outstanding (shares) \| shares	771
Weighted Average Remaining Contractual Life in Years	7 years 3 months 18 days
Weighted-average exercise price (USD per share)	$ 10.64
Awards Exercisable
Options exercisable (shares) \| shares	436
Weighted Average Remaining Contractual Life in Years	6 years 9 months 18 days
Weighted-average exercise price (USD per share)	$ 10.51
Stock Options \| $12.01 to $15.00
Awards Outstanding
Options outstanding (shares) \| shares	369
Weighted Average Remaining Contractual Life in Years	6 years 6 months
Weighted-average exercise price (USD per share)	$ 12.94
Awards Exercisable
Options exercisable (shares) \| shares	244
Weighted Average Remaining Contractual Life in Years	5 years 10 months 24 days
Weighted-average exercise price (USD per share)	$ 13.04
Stock Options \| $15.01 to $18.00
Awards Outstanding
Options outstanding (shares) \| shares	0
Weighted Average Remaining Contractual Life in Years	0 years
Weighted-average exercise price (USD per share)	$ 0
Awards Exercisable
Options exercisable (shares) \| shares	0
Weighted Average Remaining Contractual Life in Years	0 years
Weighted-average exercise price (USD per share)	$ 0
Stock Options \| $18.01 to $21.00
Awards Outstanding
Options outstanding (shares) \| shares	115
Weighted Average Remaining Contractual Life in Years	3 years 2 months 12 days
Weighted-average exercise price (USD per share)	$ 19.88
Awards Exercisable
Options exercisable (shares) \| shares	115
Weighted Average Remaining Contractual Life in Years	3 years 2 months 12 days
Weighted-average exercise price (USD per share)	$ 19.88
Stock Options \| $21.01 to $24.00
Awards Outstanding
Options outstanding (shares) \| shares	21
Weighted Average Remaining Contractual Life in Years	3 years 7 months 6 days
Weighted-average exercise price (USD per share)	$ 22.02
Awards Exercisable
Options exercisable (shares) \| shares	21
Weighted Average Remaining Contractual Life in Years	3 years 7 months 6 days
Weighted-average exercise price (USD per share)	$ 22.02

STOCK-BASED COMPENSATION - Weighted-Average Assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award
Expected volatility	50.00%
Risk-free interest rate	2.00%
Expected term	5 years 6 months
Dividend yield	0.00%

STOCK-BASED COMPENSATION - Outstanding Unvested RSUs (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Number of Shares
Balance at beginning of the period (shares)	0
Granted (shares)	3,979,000
Vested (shares)	(472,000)
Forfeited (shares)	(4,000)
Balance at end of the period (shares)	3,503,000	0
Weighted Average Grant Date Fair Value
Balance at beginning of the period (USD per share)	$ 0
Granted (USD per share)	3.67
Vested (USD per share)	4.03
Forfeited (USD per share)	4.03
Balance at end of the period (USD per share)	$ 3.62	$ 0
RSUs
Number of Shares
Balance at beginning of the period (shares)	4,611,000
Granted (shares)	2,666,000
Vested (shares)	(1,259,000)
Forfeited (shares)	(358,000)
Balance at end of the period (shares)	5,660,000	4,611,000
Weighted Average Grant Date Fair Value
Balance at beginning of the period (USD per share)	$ 16.77
Granted (USD per share)	13.16	$ 18.08	$ 12.58
Vested (USD per share)	15.39
Forfeited (USD per share)	9.14
Balance at end of the period (USD per share)	$ 15.29	$ 16.77
PSUs
Number of Shares
Balance at beginning of the period (shares)	0
Granted (shares)	923,000	0	0
Vested (shares)	0
Forfeited (shares)	(42,000)
Balance at end of the period (shares)	881,000	0
Weighted Average Grant Date Fair Value
Balance at beginning of the period (USD per share)	$ 0
Granted (USD per share)	15.93
Vested (USD per share)	0
Forfeited (USD per share)	16.89
Balance at end of the period (USD per share)	$ 15.89	$ 0

SEGMENT INFORMATION - Revenue by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Revenue	$ 321,508	$ 357,358	$ 343,896	$ 303,443	$ 278,992	$ 303,116	$ 294,822	$ 255,311	$ 1,326,205	$ 1,132,241	$ 736,386
North America
Segment Reporting Information [Line Items]
Revenue									1,249,892	1,062,171	678,897
Europe
Segment Reporting Information [Line Items]
Revenue									$ 76,313	$ 70,070	$ 57,489

SEGMENT INFORMATION - Revenue Disaggregated by Service (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Revenue	$ 321,508	$ 357,358	$ 343,896	$ 303,443	$ 278,992	$ 303,116	$ 294,822	$ 255,311	$ 1,326,205	$ 1,132,241	$ 736,386
Felix
Segment Reporting Information [Line Items]
Revenue										36,900	26,900
North America
Segment Reporting Information [Line Items]
Revenue									1,249,892	1,062,171	678,897
Europe
Segment Reporting Information [Line Items]
Revenue									76,313	70,070	57,489
Consumer connection revenue \| North America
Segment Reporting Information [Line Items]
Revenue									913,533	704,341	521,481
Consumer connection revenue \| Europe
Segment Reporting Information [Line Items]
Revenue									59,611	50,913	40,009
Service professional membership subscription revenue \| North America
Segment Reporting Information [Line Items]
Revenue									64,706	66,214	56,135
Service professional membership subscription revenue \| Europe
Segment Reporting Information [Line Items]
Revenue									14,231	17,362	16,596
Other revenue \| North America
Segment Reporting Information [Line Items]
Revenue									6,971	3,940	3,798
Total Marketplace revenue \| North America
Segment Reporting Information [Line Items]
Revenue									985,210	774,495	581,414
Advertising and other revenue \| North America
Segment Reporting Information [Line Items]
Revenue									264,682	287,676	97,483
Advertising and other revenue \| Europe
Segment Reporting Information [Line Items]
Revenue									$ 2,471	$ 1,795	$ 884

SEGMENT INFORMATION - Revenue and Long-Lived Assets (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue and Long-lived Assets by Geography
Revenue	$ 321,508	$ 357,358	$ 343,896	$ 303,443	$ 278,992	$ 303,116	$ 294,822	$ 255,311	$ 1,326,205	$ 1,132,241	$ 736,386
Long-lived assets (excluding goodwill and intangible assets)	103,361				70,859				103,361	70,859
United States
Revenue and Long-lived Assets by Geography
Revenue									1,234,755	1,050,641	672,159
Long-lived assets (excluding goodwill and intangible assets)	95,822				65,510				95,822	65,510
All other countries
Revenue and Long-lived Assets by Geography
Revenue									91,450	81,600	$ 64,227
Long-lived assets (excluding goodwill and intangible assets)	$ 7,539				$ 5,349				$ 7,539	$ 5,349

SEGMENT INFORMATION - Operating Income (loss) and Adjusted EBITDA by Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Operating (loss) income	$ 6,157	$ 24,726	$ 11,403	$ (3,641)	$ 17,885	$ 33,515	$ 23,262	$ (10,756)	$ 38,645	$ 63,906	$ (147,871)
North America
Segment Reporting Information [Line Items]
Operating (loss) income									48,967	78,102	(128,483)
Adjusted EBITDA									208,192	253,963	50,182
Europe
Segment Reporting Information [Line Items]
Operating (loss) income									(10,322)	(14,196)	(19,388)
Adjusted EBITDA									$ (5,895)	$ (6,457)	$ (11,019)

SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Operating Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting, Other Significant Reconciling Item
Operating (loss) income	$ 6,157	$ 24,726	$ 11,403	$ (3,641)	$ 17,885	$ 33,515	$ 23,262	$ (10,756)	$ 38,645	$ 63,906	$ (147,871)
Stock-based compensation expense									68,255	97,078	149,230
Depreciation									39,915	24,310	14,543
Amortization of intangibles									55,482	62,212	23,261
Interest expense—third-party									11,493	11,623	1,765
Interest expense—related party									(16)	(118)	(5,971)
Other income, net									6,510	17,859	1,974
Earnings (loss) before income taxes									33,646	70,024	(153,633)
Taxes									1,668	7,483	49,106
Net earnings (loss)									35,314	77,507	(104,527)
Net earnings attributable to noncontrolling interests									485	189	(1,409)
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$ (107)	$ 17,999	$ 6,968	$ 9,969	$ 36,687	$ 26,617	$ 22,899	$ (8,885)	34,829	77,318	(103,118)
North America
Segment Reporting, Other Significant Reconciling Item
Operating (loss) income									48,967	78,102	(128,483)
Stock-based compensation expense									67,646	96,078	147,574
Depreciation									37,481	21,888	13,243
Amortization of intangibles									54,098	57,895	17,848
Adjusted EBITDA									208,192	253,963	50,182
Europe
Segment Reporting, Other Significant Reconciling Item
Operating (loss) income									(10,322)	(14,196)	(19,388)
Stock-based compensation expense									609	1,000	1,656
Depreciation									2,434	2,422	1,300
Amortization of intangibles									1,384	4,317	5,413
Adjusted EBITDA									$ (5,895)	$ (6,457)	$ (11,019)

SEGMENT INFORMATION - Capital Expenditures by Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Capital expenditures	$ 68,804	$ 46,976	$ 26,837
North America
Segment Reporting Information [Line Items]
Capital expenditures	64,215	42,976	24,214
Europe
Segment Reporting Information [Line Items]
Capital expenditures	$ 4,589	$ 4,000	$ 2,623

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets:
Right-of-use assets, net	$ 101,243	$ 0
Liabilities:
Current lease liabilities	13,234
Long-term lease liabilities	119,375
Total lease liabilities	$ 132,609

LEASES - Lease Cost (Details) $ in Thousands	12 Months Ended
LEASES - Lease Cost (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Lessee, Lease, Description [Line Items]
Fixed lease cost	$ 18,557
Variable lease cost	2,901
Net lease cost	21,458
Short-term Lease, Cost	600
Sublease Income	1,400
Cost of revenue
Lessee, Lease, Description [Line Items]
Fixed lease cost	207
Variable lease cost	0
Selling and marketing expense
Lessee, Lease, Description [Line Items]
Fixed lease cost	9,277
Variable lease cost	1,572
General and administrative expense
Lessee, Lease, Description [Line Items]
Fixed lease cost	7,617
Variable lease cost	1,021
Product development expense
Lessee, Lease, Description [Line Items]
Fixed lease cost	1,456
Variable lease cost	$ 308

LEASES - Operating Lease Liabilities (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Leases [Abstract]
2020	$ 19,882
2021	23,059
2022	21,890
2023	20,658
2024	19,875
Thereafter	62,534
Total	167,898
Less: Interest	35,289
Present value of lease liabilities	132,609
Leases not yet commenced	$ 300

LEASES - Weighted-Average Remaining Term and Discount Rate (Details)	Dec. 31, 2019
Leases [Abstract]
Remaining lease term	7 years 8 months 12 days
Discount rate	5.99%

LEASES - Other Information (Details) $ in Thousands	12 Months Ended
LEASES - Other Information (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Leases [Abstract]
Right-of-use assets obtained in exchange for lease liabilities	$ 58,701
Cash paid for amounts included in the measurement of lease liabilities	$ 18,363

COMMITMENTS AND CONTINGENCIES - Commercial Commitments Outstanding (Details) - Purchase obligations $ in Thousands	Dec. 31, 2019 USD ($)
Other Commitments [Line Items]
Less Than 1 Year	$ 28,591
1–3 Years	5,600
3–5 Years	0
More Than 5 Years	0
Total	$ 34,191

COMMITMENTS AND CONTINGENCIES - Narrative (Details)	12 Months Ended
COMMITMENTS AND CONTINGENCIES - Narrative (Details)	Dec. 31, 2019 USD ($) minimum_payment
Other Commitments [Line Items]
Loss contingency reserve	$ 0
Purchase Commitment - Three Year Cloud Computing
Other Commitments [Line Items]
Purchase obligations	$ 15,600,000
Number of remaining minimum payments \| minimum_payment	2
Commercial commitments due in the next twelve months	$ 4,700,000
Commercial commitments due in Year Two	5,600,000
Payments of commercial commitments	5,400,000
Prepaid asset	4,300,000
Purchase Commitments - Advertising
Other Commitments [Line Items]
Commercial commitments due in the next twelve months	$ 23,800,000

RELATED PARTY TRANSACTIONS WITH IAC - Narrative (Details) € in Millions, £ in Millions, shares in Millions				3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 26, 2017 EUR (€)	Oct. 14, 2016 USD ($)	Aug. 29, 2013 USD ($)	Mar. 31, 2019 USD ($)	Sep. 29, 2017 USD ($) intercompany_note	Dec. 31, 2019 USD ($) shares	Dec. 31, 2018 USD ($) shares	Dec. 31, 2018 EUR (€) shares	Dec. 31, 2017 USD ($) shares	Mar. 20, 2017 USD ($) subsidiary	Mar. 20, 2017 GBP (£) subsidiary	Feb. 07, 2017 GBP (£)
Related Party Transaction [Line Items]
Proceeds from issuance of related party debt						$ 0	$ 0		$ 131,360,000
Services Agreement
Related Party Transaction [Line Items]
Term of related party agreement						1 year
Automatic renewal periods for related party agreement						1 year
Employee Matters Agreement
Related Party Transaction [Line Items]
Voting interest (as a percent)						80.00%
IAC
Related Party Transaction [Line Items]
Expenses from transactions with related party				$ 11,400,000
Allocated general and administrative costs from related party activities					$ 4,789,000		4,800,000
Long-term debt—related party							1,015,000
IAC \| Notes Payable \| Promissory note due October 14, 2023
Related Party Transaction [Line Items]
Long-term debt—related party		$ 42,000,000.0
Proceeds from issuance of related party debt		$ 11,400,000
Long-term debt, interest rate		11.00%
IAC \| Notes Payable \| Promissory Note Due March 20, 2024 (Note A)
Related Party Transaction [Line Items]
Long-term debt—related party \| £											£ 21.0
Long-term debt, interest rate										6.50%	6.50%
Number of foreign subsidiaries of related party issued long-term debt \| subsidiary										2	2
IAC \| Notes Payable \| Promissory Note Due March 20, 2047 (Note B)
Related Party Transaction [Line Items]
Long-term debt—related party										$ 15,500,000
Long-term debt, interest rate										7.00%	7.00%
Number of foreign subsidiaries of related party issued long-term debt \| subsidiary										2	2
IAC \| Notes Payable \| Promissory Note Due February 7, 2024
Related Party Transaction [Line Items]
Long-term debt—related party \| £												£ 8.4
Long-term debt, interest rate												6.875%
IAC \| Notes Payable \| Promissory note due August 29, 2018
Related Party Transaction [Line Items]
Long-term debt—related party			$ 5,000,000.0
Basis spread on variable rate (as a percent)			2.00%
IAC \| Notes Payable \| Related Party Promissory Note
Related Party Transaction [Line Items]
Increase (decrease) in long-term debt - related parties \| €	€ (2.4)
IAC \| Notes Payable \| Promissory Note Due December 31, 2020
Related Party Transaction [Line Items]
Increase (decrease) in long-term debt - related parties							(1,000,000.0)	€ (0.9)
IAC \| Services Agreement
Related Party Transaction [Line Items]
Payments received from related parties						$ 4,800,000	5,700,000		$ 1,700,000
Amounts due from related party						0
Amounts due to related party						0	100,000
IAC \| Tax Sharing Agreement
Related Party Transaction [Line Items]
Taxes payable						$ 200,000	$ 12,100,000
IAC \| Employee Matters Agreement
Related Party Transaction [Line Items]
Shares received from related party pursuant to employee matters agreement (in shares) \| shares						0.5	0.9	0.9	0.4
IAC \| Sublease Agreement
Related Party Transaction [Line Items]
Payments received from related parties						$ 1,400,000
Amounts due from related party						$ 900,000
IAC \| Intercompany Notes
Related Party Transaction [Line Items]
Number of related party debt instruments \| intercompany_note					2
IAC \| Payoff Intercompany Note
Related Party Transaction [Line Items]
Current notes receivable, related parties					$ 61,500,000
IAC \| Working Capital Intercompany Note
Related Party Transaction [Line Items]
Current notes receivable, related parties					$ 15,000,000

RELATED PARTY TRANSACTIONS WITH IAC - Summary (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 29, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Taxes		$ 1,668	$ 7,483	$ 49,106
Net increase in IAC’s investment in HomeAdvisor				$ 46,339
IAC
Related Party Transaction [Line Items]
Cash transfers from IAC related to its centrally managed U.S. treasury management function, acquisitions and cash expenses paid by IAC on behalf of HomeAdvisor, net	$ (80,368)
Taxes	38,162
Interest income, net	656
Allocation of general and administrative expense	(4,789)		$ (4,800)
Net increase in IAC’s investment in HomeAdvisor	$ (46,339)

RELATED PARTY TRANSACTIONS WITH IAC - Long-Term Debt (Details) - IAC $ in Thousands	Dec. 31, 2018 USD ($)
Related Party Transaction [Line Items]
Long-term debt—related party	$ 1,015
Total long-term debt—related party, net	$ 1,015

BENEFIT PLANS - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
BENEFIT PLANS - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
HomeAdvisor
Defined Contribution Plan Disclosure
Employee contribution limit per calendar year (as a percent of pre-tax earnings)	50.00%
Employer contribution limit per calendar year (as a percent of compensation)	3.00%
HomeAdvisor \| United States
Defined Contribution Plan Disclosure
Defined contribution plan contributions	$ 6.3	$ 5.6	$ 3.5
HomeAdvisor \| Foreign Plan
Defined Contribution Plan Disclosure
Defined contribution plan contributions	$ 0.5	$ 0.4	0.3
Angie's List
Defined Contribution Plan Disclosure
Employer contribution limit per calendar year (as a percent of compensation)	3.00%
Defined contribution plan contributions			$ 0.6

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Jan. 01, 2018
Other current assets:
Capitalized costs to obtain a contract with a customer	$ 35,103	$ 35,482	$ 29,700
Proceeds receivable from the sale of a business	0	24,250
Prepaid expenses	21,790	16,218
Other	10,866	8,983
Other current assets	$ 67,759	$ 84,933

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Capitalized software, leasehold improvements and equipment, net:
Capitalized software, leasehold improvements and equipment	$ 171,588	$ 107,332
Accumulated depreciation and amortization	(68,227)	(36,473)
Capitalized software, leasehold improvements and equipment, net	103,361	70,859
Capitalized software and computer equipment
Capitalized software, leasehold improvements and equipment, net:
Capitalized software, leasehold improvements and equipment	105,956	59,521
Leasehold improvements
Capitalized software, leasehold improvements and equipment, net:
Capitalized software, leasehold improvements and equipment	32,559	16,340
Furniture and other equipment
Capitalized software, leasehold improvements and equipment, net:
Capitalized software, leasehold improvements and equipment	13,435	5,860
Projects in progress
Capitalized software, leasehold improvements and equipment, net:
Capitalized software, leasehold improvements and equipment	$ 19,638	$ 25,611

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accrued employee compensation and benefits
Accrued advertising expense	$ 29,682	$ 20,216
Accrued employee compensation and benefits	28,630	24,977
Other	58,685	60,794
Accrued expenses and other current liabilities	$ 116,997	$ 105,987

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Other Income (Expense), Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Other income, net	$ 6,510	$ 17,859	$ 1,974

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Narrative (Details) - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
	Oct. 10, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Oct. 19, 2018	Sep. 29, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest income		$ 8,000	$ 4,800
Gain from the sale of a business		(218)	$ 13,237	$ 0
Other Nonoperating Income (Expense)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Foreign currency exchange gain (loss)		$ 600
Class A Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Common stock issued (shares)		87,007	80,515
Common stock		$ 87	$ 81
Class B Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Common stock issued (shares)		421,570	421,118
Common stock		$ 422	$ 421
ANGI Homeservices \| Class A Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Common stock issued (shares)					8,600
Common stock					$ 165,800	$ 763,700
ANGI Homeservices \| Class B Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Common stock issued (shares)	5,100
IAC \| Angie's List Transaction Agreement \| ANGI Homeservices \| Class B Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Stock received from related party (shares)	5,100
Angie's List \| ANGI Homeservices \| Class A Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Stock of acquiree outstanding on transaction date (shares)						61,300
Felix
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain from the sale of a business			$ 13,200

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 390,565	$ 336,984	$ 221,521	$ 36,377
Restricted cash included in other current assets	504	1,417	0	0
Restricted cash included in other assets	409	420	0	10,548
Total cash and cash equivalents and restricted cash as shown on the consolidated and combined statement of cash flows	$ 391,478	$ 338,821	$ 221,521	$ 46,925

CONSOLIDATED AND COMBINED FINANCIAL STATEMENT DETAILS - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash paid (received) during the year for:
Interest expense—third-party	$ 10,290	$ 12,148	$ 0
Interest expense—related party	54	155	6,169
Income tax payments, including amounts paid to IAC for ANGI Homeservices' share of IAC's consolidated tax liability	12,224	332	1,700
Income tax refunds	$ (957)	$ (172)	$ (402)

QUARTERLY RESULTS (UNAUDITED) - Summary (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								6 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]
Revenue	$ 321,508	$ 357,358	$ 343,896	$ 303,443	$ 278,992	$ 303,116	$ 294,822	$ 255,311		$ 1,326,205	$ 1,132,241	$ 736,386
Cost of revenue	12,448	13,312	10,722	10,011	13,426	14,015	14,703	13,595		46,493	55,739	34,073
Operating (loss) income	6,157	24,726	11,403	(3,641)	17,885	33,515	23,262	(10,756)		38,645	63,906	(147,871)
Net earnings	(95)	18,324	7,234	9,851	36,812	26,786	23,023	(9,114)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$ (107)	$ 17,999	$ 6,968	$ 9,969	$ 36,687	$ 26,617	$ 22,899	$ (8,885)		$ 34,829	$ 77,318	$ (103,118)
Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Basic (loss) earnings per share (USD per share)	$ 0.00	$ 0.04	$ 0.01	$ 0.02	$ 0.07	$ 0.06	$ 0.05	$ (0.02)		$ 0.07	$ 0.16	$ (0.24)
Diluted (loss) earnings per share (USD per share)	$ 0.00	$ 0.04	$ 0.01	$ 0.02	$ 0.07	$ 0.05	$ 0.05	$ (0.02)		$ 0.07	$ 0.15	$ (0.24)
Stock-based compensation expense										$ 68,255	$ 97,078	$ 149,230
Gain from the sale of a business										$ (218)	13,237	$ 0
Felix
Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Gain from the sale of a business											13,200
Felix \| Disposal Group, Disposed of by Sale
Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Gain from the sale of a business											$ 10,000
HomeAdvisor
Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Stock-based compensation expense	$ 1,800	$ 1,800	$ 2,000	$ 2,300	$ 14,400	$ 12,300		$ 14,700	$ 12,800
Transaction costs							$ 1,900	4,000	$ 1,900
Write-off due to deferred revenue							$ 1,800	$ 2,800

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Allowance for doubtful accounts and revenue reserves
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	$ 16,603	$ 9,263	$ 9,177
Charges to Earnings	64,278	47,242	27,514
Charges to Other Accounts	(48)	(506)	271
Deductions	(60,540)	(39,396)	(27,699)
Balance at End of Period	20,293	16,603	9,263
Deferred tax valuation allowance
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	58,903	61,563	14,180
Charges to Earnings	14,083	(599)	42,310
Charges to Other Accounts	(1,514)	(2,061)	5,073
Deductions	0	0	0
Balance at End of Period	71,472	58,903	$ 61,563
Other reserves
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	3,919
Balance at End of Period	$ 5,057	$ 3,919

Label	Element	Value
Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 25,649,000
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 25,649,000