Angi (ANGI) 10-Q 9 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 02, 2018
Entity Registrant Name	ANGI Homeservices Inc.
Entity Central Index Key	1,705,110
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Emerging Growth Company	true
Small Business	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Ex Transition Period	false
Class A Common Stock
Entity Common Stock Outstanding (shares)		74,873,502
Class B Common Stock
Entity Common Stock Outstanding (shares)		420,980,478
Class C Common Stock
Entity Common Stock Outstanding (shares)		0

CONSOLIDATED BALANCE SHEET (Una

CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 279,489	$ 221,521
Marketable securities	34,865	0
Accounts receivable, net of allowance and reserves of $17,540 and $9,263, respectively	44,394	28,085
Other current assets	61,858	12,772
Total current assets	420,606	262,378
Property and equipment, net of accumulated depreciation and amortization of $34,689 and $24,368, respectively	58,775	53,292
Goodwill	769,131	770,226
Intangible assets, net of accumulated amortization of $79,506 and $36,289, respectively	280,645	328,571
Deferred income taxes	42,471	50,723
Other non-current assets	7,427	2,072
TOTAL ASSETS	1,579,055	1,467,262
LIABILITIES:
Current portion of long-term debt	13,750	13,750
Current portion of long-term debt—related party	0	816
Accounts payable	18,722	18,933
Deferred revenue	66,666	62,371
Accrued expenses and other current liabilities	81,471	75,171
Total current liabilities	180,609	171,041
Long-term debt, net	248,455	258,312
Long-term debt—related party, net	1,048	1,997
Deferred income taxes	3,615	5,626
Other long-term liabilities	11,610	5,892
Redeemable noncontrolling interests	21,942	21,300
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Additional paid-in capital	1,156,486	1,112,400
Accumulated deficit	(55,484)	(121,764)
Accumulated other comprehensive income	1,278	2,232
Total ANGI Homeservices Inc. shareholders' equity	1,102,762	993,346
Noncontrolling interests	9,014	9,748
Total shareholders' equity	1,111,776	1,003,094
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,579,055	1,467,262
Class A common stock, $0.001 par value; authorized 2,000,000 shares; 66,073 and 62,818 shares issued and outstanding, respectively
SHAREHOLDERS' EQUITY:
Common stock	66	63
Class B convertible common stock, $0.001 par value; authorized 1,500,000 shares; 415,904 and 415,186 shares issued and outstanding, respectively
SHAREHOLDERS' EQUITY:
Common stock	416	415
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 BALANCE SHEET (U_2

CONSOLIDATED BALANCE SHEET (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Accounts receivable allowance	$ 17,540	$ 9,263
Property and equipment accumulated depreciation and amortization	34,689	24,368
Accumulated amortization of intangible assets	$ 79,506	$ 36,289
Class A common stock, $0.001 par value; authorized 2,000,000 shares; 66,073 and 62,818 shares issued and outstanding, respectively
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)	66,073,000	62,818,000
Common stock outstanding (shares)	66,073,000	62,818,000
Class B convertible common stock, $0.001 par value; authorized 1,500,000 shares; 415,904 and 415,186 shares issued and outstanding, respectively
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)	415,904,000	415,186,000
Common stock outstanding (shares)	415,904,000	415,186,000
Class C common stock, $0.001 par value; authorized 1,500,000 shares; no shares issued and outstanding
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 STATE

CONSOLIDATED AND COMBINED STATEMENT OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue	$ 303,116	$ 181,717	$ 853,249	$ 513,173
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	14,015	7,999	42,313	22,391
Selling and marketing expense	136,412	130,866	416,187	337,654
General and administrative expense	82,154	129,088	238,112	217,962
Product development expense	15,309	20,010	44,751	32,529
Depreciation	6,100	3,491	18,170	9,705
Amortization of intangibles	15,611	2,768	47,695	6,885
Total operating costs and expenses	269,601	294,222	807,228	627,126
Operating income (loss)	33,515	(112,505)	46,021	(113,953)
Interest expense—third party	(3,132)	0	(8,797)	0
Interest expense—related party	(23)	(1,864)	(102)	(5,538)
Other income, net	1,566	1,364	2,975	2,100
Earnings (loss) before income taxes	31,926	(113,005)	40,097	(117,391)
Income tax (provision) benefit	(5,140)	40,847	598	71,095
Net earnings (loss)	26,786	(72,158)	40,695	(46,296)
Net (earnings) loss attributable to noncontrolling interests	(169)	397	(64)	1,402
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$ 26,617	$ (71,761)	$ 40,631	$ (44,894)
Per share information attributable to ANGI Homeservices Inc. shareholders:
Basic earnings per share (USD per share)	$ 0.06	$ (0.17)	$ 0.08	$ (0.11)
Diluted earnings per share (USD per share)	$ 0.05	$ (0.17)	$ 0.08	$ (0.11)
Stock-based compensation expense by function:
Stock-based compensation expense	$ 22,474	$ 103,980	$ 69,433	$ 120,280
Cost of revenue
Stock-based compensation expense by function:
Stock-based compensation expense		9		19
Selling and marketing expense
Stock-based compensation expense by function:
Stock-based compensation expense	868	19,709	2,526	20,402
General and administrative expense
Stock-based compensation expense by function:
Stock-based compensation expense	19,326	71,732	60,331	86,650
Product development expense
Stock-based compensation expense by function:
Stock-based compensation expense	$ 2,280	$ 12,530	$ 6,576	$ 13,209

CONSOLIDATED AND COMBINED STA_2

CONSOLIDATED AND COMBINED STATEMENT OF COMPREHENSIVE OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 26,786	$ (72,158)	$ 40,695	$ (46,296)
Other comprehensive (loss) income:
Change in foreign currency translation adjustment	(177)	3,579	(1,628)	5,592
Change in unrealized gains and losses on available-for-sale debt securities	(3)	0	(3)	0
Total other comprehensive (loss) income	(180)	3,579	(1,631)	5,592
Comprehensive income (loss)	26,606	(68,579)	39,064	(40,704)
Components of comprehensive loss (income) attributable to noncontrolling interests:
Net (earnings) loss attributable to noncontrolling interests	(169)	397	(64)	1,402
Change in foreign currency translation adjustment attributable to noncontrolling interests	367	(1)	677	(523)
Comprehensive loss attributable to noncontrolling interests	198	396	613	879
Comprehensive income (loss) attributable to ANGI Homeservices Inc. shareholders	$ 26,804	$ (68,183)	$ 39,677	$ (39,825)

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Total ANGI Homeservices Inc. Shareholders' Equity	Redeemable Noncontrolling Interests	Common StockClass A Common Stock	Common StockClass B Common Stock	Common StockClass C Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income	Noncontrolling Interests
Increase (Decrease) in Shareholders' Equity
Cumulative effect of adoption of ASU No. 2014-09	$ 25,649	$ 25,649						$ 25,649
Balance at beginning of period at Dec. 31, 2017	21,300		$ 21,300
Increase (Decrease) in Redeemable Noncontrolling Interests
Net (loss) earnings			(142)
Other comprehensive loss			(590)
Stock-based compensation expense			1,084
Purchase of noncontrolling interests			(53)
Adjustment of redeemable noncontrolling interests to fair value			304
Other			39
Balance at end of period at Sep. 30, 2018	21,942		$ 21,942
Balance at beginning of period at Dec. 31, 2017	1,003,094	993,346		$ 63	$ 415	$ 0	$ 1,112,400	(121,764)	$ 2,232	$ 9,748
Balance at beginning of period (shares) at Dec. 31, 2017				62,818,000	415,186,000	0
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	40,837	40,631						40,631		206
Other comprehensive loss	(1,041)	(954)							(954)	(87)
Stock-based compensation expense	68,349	68,349					68,349
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(23,542)	(23,542)		$ 3			(23,545)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)				3,255,000
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)					718,000
Purchase of noncontrolling interests	(1,236)									(1,236)
Adjustment of redeemable noncontrolling interests to fair value	(304)	(304)					(304)
Other	(30)	(413)					(413)			383
Balance at end of period at Sep. 30, 2018	$ 1,111,776	$ 1,102,762		$ 66	$ 416	$ 0	$ 1,156,486	$ (55,484)	$ 1,278	$ 9,014
Balance at end of period (shares) at Sep. 30, 2018				66,073,000	415,904,000	0

CONSOLIDATED STATEMENT OF SHA_2

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	Sep. 30, 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

CONSOLIDATED AND COMBINED STA_3

CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net earnings (loss)	$ 40,695	$ (46,296)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Stock-based compensation expense	69,433	120,280
Amortization of intangibles	47,695	6,885
Bad debt expense	34,844	20,625
Depreciation	18,170	9,705
Deferred income taxes	(2,041)	(71,446)
Other adjustments, net	(107)	(1,328)
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable	(52,021)	(30,080)
Other assets	(19,040)	(5,782)
Accounts payable and other liabilities	11,303	45,480
Income taxes payable and receivable	1,402	22
Deferred revenue	3,378	7,788
Net cash provided by operating activities	153,711	55,853
Cash flows from investing activities:
Acquisitions, net of cash acquired	0	(66,378)
Capital expenditures	(32,886)	(16,278)
Purchases of marketable debt securities	(34,816)	0
Proceeds from sale of fixed assets	10,412	0
Net cash used in investing activities	(57,290)	(82,656)
Cash flows from financing activities:
Principal payments on term loan	(10,313)	0
Proceeds from issuance of related party debt	0	131,360
Principal payments on related party debt	(1,904)	(104,894)
Proceeds from the exercise of stock options	2,876	0
Withholding taxes paid on behalf of employees on net settled stock-based awards	(27,206)	0
Transfers from IAC/InterActiveCorp for periods prior to the Combination	0	24,178
Purchase of noncontrolling interests	(1,289)	(12,574)
Other, net	39	34
Net cash (used in) provided by financing activities	(37,797)	38,104
Total cash provided	58,624	11,301
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(223)	1,507
Net increase in cash, cash equivalents, and restricted cash	58,401	12,808
Cash, cash equivalents, and restricted cash at beginning of period	221,521	46,925
Cash, cash equivalents, and restricted cash at end of period	$ 279,922	$ 59,733

THE COMPANY AND SUMMARY OF SIGN

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of operations ANGI Homeservices Inc. connects millions of homeowners to home service professionals through its portfolio of digital home service brands, including HomeAdvisor® and Angie’s List®. Combined, these leading marketplaces have collected more than 15 million reviews over the course of 20 years , allowing homeowners to research, match and connect on-demand to the largest network of service professionals online, through our mobile apps, or by voice assistants. ANGI Homeservices owns and operates brands in eight countries. 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 September 30, 2018 , IAC owned 86.3% and 98.4% of the economic and voting interest, respectively, of ANGI Homeservices. The Company has two operating segments: (i) North America, which includes HomeAdvisor, Angie's List, mHelpDesk and HomeStars, and (ii) Europe, which includes Travaux.com, MyHammer, MyBuilder, Werkspot and Instapro. All references to "ANGI Homeservices," the "Company," "ANGI," "we," "our" or "us" in this report are to ANGI Homeservices Inc. 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 historical financial position, 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. However, the allocations may not reflect the expenses that the Company may have incurred as a standalone public company for the periods presented. For the purpose of these financial statements, income taxes have been computed as if ANGI Homeservices filed on a standalone, separate tax return 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. See " Note 11—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 certain corporate expenses have been allocated from IAC, are reasonable and the unaudited interim consolidated and combined financial statements reflect all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of our financial position, results of operations and cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited interim consolidated and combined financial statements should be read in conjunction with the audited consolidated and combined financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017. 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 recoverability of goodwill and indefinite-lived intangible assets; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the fair value of the marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts; the determination of revenue reserves; 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. Recent accounting pronouncements Accounting Pronouncements adopted by the Company ASU No. 2014-09, Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2014-09, which superseded nearly all previous revenue recognition guidance. The Company adopted ASU No. 2014-09 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 is 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 adoption of ASU No. 2014-09 is expected to reduce sales commissions expense for the year ending December 31, 2018 by approximately $8.0 million . See " Note 2—Revenue Recognition " for additional information on the impact to the Company. The Company's disaggregated revenue disclosures are presented in " Note 9—Segment Information ." The following tables present 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 three and nine months ended September 30, 2018 . Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Revenue by segment: North America $ 286,594 $ 286,594 $ — $ 800,125 $ 800,125 $ — Europe 16,522 16,522 — 53,124 53,124 — Total $ 303,116 $ 303,116 $ — $ 853,249 $ 853,249 $ — Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Operating costs and expenses by segment: North America $ 250,477 $ 250,286 $ 191 $ 743,263 $ 751,177 $ (7,914 ) Europe 19,124 19,066 58 63,965 64,013 (48 ) Total $ 269,601 $ 269,352 $ 249 $ 807,228 $ 815,190 $ (7,962 ) Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Operating income (loss) by segment: North America $ 36,117 $ 36,308 $ (191 ) $ 56,862 $ 48,948 $ 7,914 Europe (2,602 ) (2,544 ) (58 ) (10,841 ) (10,889 ) 48 Total $ 33,515 $ 33,764 $ (249 ) $ 46,021 $ 38,059 $ 7,962 Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Net earnings $ 26,786 $ 26,933 $ (147 ) $ 40,695 $ 34,664 $ 6,031 ASU No. 2016-18, Restricted Cash In November 2016, the FASB issued ASU No. 2016-18, which requires companies to explain the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. Therefore, amounts generally described as restricted cash or restricted cash equivalents are combined with unrestricted cash and cash equivalents when reconciling the beginning and end of period balances on the statement of cash flows. ASU No. 2016-18 also requires companies to disclose the nature of their restricted cash and restricted cash equivalents balances. Additionally, when cash, cash equivalents, restricted cash, and restricted cash equivalents are presented within different captions on the balance sheet, a reconciliation of the totals in the statement of cash flows to the related captions in the balance sheet is required. ASU No. 2016-18 is effective for reporting periods beginning after December 15, 2017. The Company's adoption of ASU No. 2016-18 effective January 1, 2018, on a retrospective basis, did not have a material effect on its consolidated and combined financial statements. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 (In thousands) Cash and cash equivalents $ 279,489 $ 221,521 $ 59,543 $ 36,377 Restricted cash included in other current assets — — 190 — Restricted cash included in other assets 433 — — 10,548 Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flows $ 279,922 $ 221,521 $ 59,733 $ 46,925 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. Accounting Pronouncement not yet adopted by the Company ASU No. 2016-02, Leases (Topic 842) In February 2016, the FASB issued ASU No. 2016-02, which supersedes existing guidance on accounting for leases and generally requires all leases to be recognized in the statement of financial position. The provisions of ASU No. 2016-02 are effective for reporting periods beginning after December 15, 2018. The Company will adopt the new lease guidance effective January 1, 2019. In July 2018, the FASB issued ASU No. 2018-11, Leases (Topic 842): Targeted Improvements, which provides the option of an additional transition method that allows entities to initially apply the new lease guidance at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company expects to implement the transition method option provided by ASU No. 2018-11. The Company is not a lessor, has no capitalized leases and does not expect to enter into any capitalized leases prior to the adoption of ASU No. 2016-02. Accordingly, the Company does not expect the amount or classification of rent expense in its statement of operations to be affected by the adoption of ASU No. 2016-02. The primary effect of the adoption of ASU No. 2016-02 will be the recognition of a right of use asset and related liability to reflect the Company's rights and obligations under its operating leases. The Company will also be required to provide the additional disclosures stipulated in ASU No. 2016-02. The adoption of ASU No. 2016-02 will not have an impact on the leverage calculation set forth in the Company's term loan facility because the leverage calculation is not affected by the liability that will be recorded upon adoption of the new standard. While the Company's evaluation of the impact of the adoption of ASU No. 2016-02 on its consolidated financial statements continues, outlined below is a summary of the status of the Company's progress: • the Company has selected a software solution to implement ASU No. 2016-02; • the Company has input lease summaries into the software solution; • the Company is assessing the other inputs required in connection with the adoption of ASU No. 2016-02; and • the Company is developing its accounting policy, procedures and internal controls related to the new standard. Development of our selected software solution is ongoing, as it is not yet fully compliant with the requirements of ASU No. 2016-02. The timely readiness of the software solution is critical to ensure an efficient and effective adoption of ASU No. 2016-02. The Company's ability to calculate an estimate of the right of use asset and related liability is dependent upon the readiness of the software solution.

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	REVENUE RECOGNITION General Revenue Recognition The Company accounts for a contract 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 is contractually due in exchange for those services or goods. Revenue is primarily derived from (i) consumer connection revenue, which comprises fees paid by service professionals for consumer matches (regardless of whether the professional ultimately provides the requested service), and (ii) membership subscription fees paid by service professionals. Consumer connection revenue varies based upon several factors, including the service requested, type of match 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. Membership subscription revenue from service professionals 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. Revenue is also derived from Angie's List (i) sales of time-based website, mobile and call center advertising to service professionals and (ii) membership subscription fees from consumers. 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. 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. Accounts Receivables, net of allowance for doubtful accounts and revenue reserves Accounts receivable include amounts billed and currently due from customers. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivables 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 and 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 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 generally 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 as of January 1, 2018 is $64.1 million . During the nine months ended September 30, 2018 , the Company recognized $58.0 million of revenue that was included in the deferred revenue balance as of January 1, 2018. The deferred revenue balance as of June 30, 2018 is $70.4 million . During the three months ended September 30, 2018 , the Company recognized $36.5 million of revenue that was included in the deferred revenue balance as of July 1, 2018. The current and non-current deferred revenue balances at September 30, 2018 are $66.7 million and $0.7 million , respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the accompanying consolidated balance sheet. 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 three and nine months ended September 30, 2018 , the Company recognized expense of $13.2 million and $36.9 million , respectively, related to the amortization of these costs. The current and non-current contract asset balances at September 30, 2018 are $37.3 million and $4.6 million , 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.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	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 benefit and provision have been computed for the Company on an as if standalone, separate return basis. ANGI Homeservices’ payments to IAC for its share of IAC’s consolidated federal and state tax return liabilities have been reflected within cash flows from operating activities in the accompanying consolidated and combined statement of cash flows. The tax sharing agreement between ANGI Homeservices and IAC governs the parties’ respective rights, responsibilities and obligations with respect to tax matters, including responsibility for taxes attributable to ANGI Homeservices, entitlement to refunds, allocation of tax attributes and other matters. Any differences between taxes currently due or receivable under the tax sharing agreement and the current tax provision computed on an as if standalone, separate return basis are reflected as adjustments to additional paid-in capital. At the end of each interim period, the Company makes its best estimate of the annual expected effective income tax rate and applies that rate to its ordinary year-to-date earnings or loss. The income tax provision or benefit related to significant, unusual, or extraordinary items, if applicable, that will be separately reported or reported net of their related tax effects are individually computed and recognized in the interim period in which they occur. In addition, the effect of changes in enacted tax laws or rates, tax status, judgment on the realizability of a beginning-of-the-year deferred tax asset in future years or unrecognized tax benefits is recognized in the interim period in which the change occurs. The computation of the annual expected effective income tax rate at each interim period requires certain estimates and assumptions including, but not limited to, the expected pre-tax income (or loss) for the year, projections of the proportion of income (and/or loss) earned and taxed in foreign jurisdictions, permanent and temporary differences, and the likelihood of the realizability of deferred tax assets generated in the current year. The accounting estimates used to compute the provision or benefit for income taxes may change as new events occur, more experience is acquired, additional information is obtained or our tax environment changes. To the extent that the expected annual effective income tax rate changes during a quarter, the effect of the change on prior quarters is included in income tax provision in the quarter in which the change occurs. For the three months ended September 30, 2018 , the Company recorded an income tax provision of $5.1 million , which represents an effective income tax rate of 16% and is lower than the statutory rate of 21% due primarily to excess tax benefits generated by the exercise and vesting of stock-based awards. For the nine months ended September 30, 2018 , the Company recorded an income tax benefit, despite pre-tax income, of $0.6 million due primarily to excess tax benefits generated by the exercise and vesting of stock-based awards. For the three months ended September 30, 2017 , the Company recorded an income tax benefit of $40.8 million which represents an effective income tax rate of 36% . The effective income tax rate was higher than the statutory rate of 35% due primarily to state income taxes, partially offset by unbenefited losses in separate jurisdictions . For the nine months ended September 30, 2017 , the Company recorded an income tax benefit of $71.1 million due primarily to excess tax benefits generated by the exercise and vesting of stock-based awards. 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 . In the third quarter of 2018 , the Company finalized its calculations related to the impacts of the Tax Act. No adjustment was made in the three and nine months ended September 30, 2018 to the Company’s previously recorded provisional tax expense. The Company recognizes interest and, if applicable, penalties related to unrecognized tax benefits in the income tax provision. 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 December 31, 2019, and the statute of limitations for the years 2013 and 2014 has been extended to March 31, 2019. 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 adjustments. 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 September 30, 2018 and December 31, 2017 , unrecognized tax benefits, including interest, are $2.1 million and $1.5 million , respectively, for tax positions included in IAC’s consolidated tax return filings. If unrecognized tax benefits at September 30, 2018 are subsequently recognized, income tax provision would be reduced by $2.1 million . The comparable amount as of December 31, 2017 is $1.5 million . 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. As of September 30, 2018 , the Company has a gross deferred tax asset of $79.9 million that the Company expects to fully utilize on a more likely than not basis.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS 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 . HomeStars Acquisition The Company acquired a 90% voting interest in HomeStars on February 8, 2017. The purchase price was $16.6 CAD million (or $12.7 million ) in cash. 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 ). MyBuilder Acquisition The Company acquired a 75% voting interest in MyBuilder Limited on March 24, 2017. The purchase price was £32.6 million (or $40.7 million ) in cash. 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 ). MyHammer Acquisition On November 3, 2016, the Company acquired a 70% voting interest in MyHammer. The purchase price was €17.7 million (or $19.7 million ) in cash. In connection with the acquisition, the Company measured and recorded the acquisition date fair value of the 30% noncontrolling interest in MyHammer, which totaled €9.4 million (or $10.4 million ). At September 30, 2018 , the Company's ownership stake in MyHammer is approximately 83% . Unaudited pro forma financial information The unaudited pro forma financial information in the table below presents the combined results of the Company and Angie's List, HomeStars, MyBuilder and MyHammer as if these acquisitions had occurred on January 1, 2016. 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 acquisitions actually occurred on January 1, 2016. For the three and nine months ended September 30, 2017 , pro forma adjustments include (i) reductions in stock-based compensation expense of $85.1 million and $52.9 million , respectively, and transaction related costs of $22.1 million and $26.8 million , respectively, 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 $11.3 million and $34.4 million , respectively. 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 $12.0 million related to the Combination. Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (In thousands, except per share data) Revenue $ 251,995 $ 731,920 Net loss attributable to ANGI Homeservices Inc. shareholders $ (7,172 ) $ (2,178 ) Basic loss per share attributable to ANGI Homeservices Inc. shareholders $ (0.02 ) $ (0.01 ) Diluted loss per share attributable to ANGI Homeservices Inc. shareholders $ (0.02 ) $ (0.01 )

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS Marketable Securities At September 30, 2018, current available-for-sale marketable debt securities are as follows: Amortized Gross Gross Fair Value (In thousands) Treasury discount notes $ 34,867 $ — $ (2 ) $ 34,865 Total available-for-sale marketable debt securities $ 34,867 $ — $ (2 ) $ 34,865 The Company did not hold any available-for-sale marketable debt securities prior to the third quarter of 2018. The contractual maturities of debt securities classified as current available-for-sale at September 30, 2018 are within one year . There are 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 September 30, 2018 . The specific-identification method is used to determine the cost of available-for-sale marketable debt securities sold and the amount of unrealized gains and losses reclassified out of accumulated other comprehensive income (loss) into earnings. There were no proceeds from maturities and sales of available-for-sale marketable debt securities or gross realized gains or losses from the maturities and sales of available-for-sale marketable debt securities for the three months ended September 30, 2018 . 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 following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: September 30, 2018 Quoted Market Significant Significant Total (In thousands) Assets: Cash equivalents: Money market funds $ 158,648 $ — $ — $ 158,648 Commercial paper — 48,048 — 48,048 Treasury discount notes — 44,960 — 44,960 Time deposits — 15,000 — 15,000 Marketable securities: Treasury discount notes — 34,865 — 34,865 Total $ 158,648 $ 142,873 $ — $ 301,521 December 31, 2017 Quoted Market Significant Significant Total (In thousands) Assets: Cash equivalents: Money market funds $ 189,207 $ — $ — $ 189,207 Treasury discount notes — 500 — 500 Certificates of deposit — 6,195 — 6,195 Total $ 189,207 $ 6,695 $ — $ 195,902 Assets measured at fair value on a nonrecurring basis The Company’s non-financial assets, such as goodwill, intangible assets and property and equipment are adjusted to fair value only when an impairment charge is recognized. Such fair value measurements are based predominantly on Level 3 inputs. 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: September 30, 2018 December 31, 2017 Carrying value Fair value Carrying value Fair value (In thousands) Current portion of long term debt $ (13,750 ) $ (13,664 ) $ (13,750 ) $ (13,802 ) Long-term debt, net (a) (248,455 ) (249,369 ) (258,312 ) (262,230 ) Current portion of long-term debt—related party — — (816 ) (837 ) Long-term debt—related party, net (1,048 ) (1,155 ) (1,997 ) (2,048 ) _________________ (a) At September 30, 2018 and December 31, 2017, the carrying value of long-term debt, net includes unamortized debt issuance costs of $2.5 million and $2.9 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, including the current portion, is based on Level 3 inputs and is estimated by discounting the future cash flows based on current market conditions.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt consists of: September 30, 2018 December 31, 2017 (In thousands) Term Loan due November 1, 2022 $ 264,688 $ 275,000 Less: current portion of Term Loan 13,750 13,750 Less: unamortized debt issuance costs 2,483 2,938 Total long-term debt, net $ 248,455 $ 258,312 See " Note 11—Related Party Transactions with IAC " for a description of related-party long-term debt. At September 30, 2018 and December 31, 2017 , the outstanding balance of the five -year term loan facility ("Term Loan") was $264.7 million and $275.0 million , respectively. The Term Loan bears interest at LIBOR plus 1.75% , or 4.10% at September 30, 2018 , which is subject to change in future periods based on the Company's consolidated net leverage ratio. The Term Loan bore interest at LIBOR plus 2.00% , or 3.38% , at December 31, 2017 . Interest payments are due at least quarterly through the term of the loan and quarterly principal payments of 1.25% of the original principal amount in the first three years, 2.5% in the fourth year and 3.75% in the fifth year are required. 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 2.5 to 1.0 (in each case as defined in the credit agreement). 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. The Term Loan is 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.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME	ACCUMULATED OTHER COMPREHENSIVE INCOME The following tables present the components of accumulated other comprehensive income (loss) and items reclassified out of accumulated other comprehensive income into earnings: Three Months Ended September 30, 2018 Foreign Unrealized Losses On Available-For-Sale Debt Securities Accumulated (In thousands) Balance at July 1 $ 1,091 $ — $ 1,091 Other comprehensive income (loss) 190 (3 ) 187 Balance at September 30 $ 1,281 $ (3 ) $ 1,278 Three Months Ended September 30, 2017 Foreign Accumulated (In thousands) Balance at July 1 $ (230 ) $ (230 ) Other comprehensive income 3,578 3,578 Balance at September 30 $ 3,348 $ 3,348 Nine Months Ended September 30, 2018 Foreign Unrealized Losses On Available-For-Sale Debt Securities Accumulated (In thousands) Balance at January 1 $ 2,232 $ — $ 2,232 Other comprehensive loss before reclassifications (899 ) (3 ) (902 ) Amounts reclassified to earnings (52 ) — (52 ) Net current period other comprehensive loss (951 ) (3 ) (954 ) Balance at September 30 $ 1,281 $ (3 ) $ 1,278 Nine Months Ended September 30, 2017 Foreign Accumulated (In thousands) Balance at January 1 $ (1,721 ) $ (1,721 ) Other comprehensive income 5,069 5,069 Balance at September 30 $ 3,348 $ 3,348 The amount reclassified out of foreign currency translation adjustment into earnings for the nine months ended September 30, 2018 relates to the liquidation of an international subsidiary. At September 30, 2018 and 2017 , there was no tax benefit or provision on the accumulated other comprehensive income.

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	EARNINGS (LOSS) PER SHARE The following tables set forth the computation of basic and diluted earnings (loss) per share attributable to ANGI Homeservices shareholders: Three Months Ended September 30, 2018 2017 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings (loss) $ 26,786 $ 26,786 $ (72,158 ) $ (72,158 ) Net (earnings) loss attributable to noncontrolling interests (169 ) (169 ) 397 397 Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders $ 26,617 $ 26,617 $ (71,761 ) $ (71,761 ) Denominator: Weighted average basic shares outstanding 481,570 481,570 415,420 415,420 Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (a)(b)(c) — 39,269 — — Denominator for earnings per share—weighted average shares 481,570 520,839 415,420 415,420 Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders: Earnings (loss) per share $ 0.06 $ 0.05 $ (0.17 ) $ (0.17 ) Nine Months Ended September 30, 2018 2017 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings (loss) $ 40,695 $ 40,695 $ (46,296 ) $ (46,296 ) Net (earnings) loss attributable to noncontrolling interests (64 ) (64 ) 1,402 1,402 Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders $ 40,631 $ 40,631 $ (44,894 ) $ (44,894 ) Denominator: Weighted average basic shares outstanding 480,178 480,178 414,978 414,978 Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (a)(b)(c) — 31,452 — — Denominator for earnings per share—weighted average shares 480,178 511,630 414,978 414,978 Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders: Earnings (loss) per share $ 0.08 $ 0.08 $ (0.11 ) $ (0.11 ) ________________________ (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 three and nine months ended September 30, 2018 , 0.2 million and 0.3 million potentially dilutive securities are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (b) For the three and nine months ended September 30, 2017, the Company had a loss from operations and as a result, approximately 58.3 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. (c) Performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon vesting of PSUs are included in the denominator for earnings per share if (i) the applicable performance condition(s) has been met and (ii) the inclusion of the PSUs is dilutive for the respective reporting periods. For both the three and nine months ended September 30, 2018, 1.2 million shares underlying PSUs were excluded from the calculation of diluted earnings per share because the performance condition(s) had not been met.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
SEGMENT INFORMATION	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: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Revenue: North America $ 286,594 $ 167,104 $ 800,125 $ 470,667 Europe 16,522 14,613 53,124 42,506 Total $ 303,116 $ 181,717 $ 853,249 $ 513,173 The following table presents revenue disaggregated by service for the Company's reportable segments: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) North America Marketplace: Consumer connection revenue (a) $ 195,065 $ 141,055 $ 531,297 $ 398,218 Membership subscription revenue 17,034 14,486 49,226 40,942 Other revenue 950 1,060 2,869 2,840 Marketplace revenue 213,049 156,601 583,392 442,000 Advertising & Other revenue (b) 73,545 10,503 216,733 28,667 Total North America revenue 286,594 167,104 800,125 470,667 Europe Consumer connection revenue (a) 12,022 10,001 38,885 29,636 Membership subscription revenue 4,217 4,320 13,405 12,198 Advertising and other revenue 283 292 834 672 Total Europe revenue 16,522 14,613 53,124 42,506 Total revenue $ 303,116 $ 181,717 $ 853,249 $ 513,173 ___________________________ (a) Fees paid by service professionals for consumer matches. (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 and Felix. Geographic information about revenue and long-lived assets is presented below. Revenue by geography is based on where the customer is located. Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Revenue United States $ 283,672 $ 164,999 $ 791,932 $ 466,134 All other countries 19,444 16,718 61,317 47,039 Total $ 303,116 $ 181,717 $ 853,249 $ 513,173 September 30, 2018 December 31, 2017 (In thousands) Long-lived assets (excluding goodwill and intangible assets) United States $ 53,635 $ 49,356 All other countries 5,140 3,936 Total $ 58,775 $ 53,292 The following tables present operating income (loss) and Adjusted EBTIDA by reportable segment: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Operating Income (Loss): North America $ 36,117 $ (107,687 ) $ 56,862 $ (99,479 ) Europe (2,602 ) (4,818 ) (10,841 ) (14,474 ) Total $ 33,515 $ (112,505 ) $ 46,021 $ (113,953 ) Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Adjusted EBITDA (c) : North America $ 78,613 $ 60 $ 186,306 $ 31,356 Europe $ (913 ) $ (2,326 ) $ (4,987 ) $ (8,439 ) ___________________________ (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. Moreover, our management uses this measure internally to evaluate the performance of our businesses, and this measure is one of the primary metrics on which our internal budgets are based and by which management is compensated. The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature. Adjusted EBITDA has certain limitations in that it does not take into account the impact to ANGI Homeservices Inc.'s statement of operations of certain 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: Three Months Ended September 30, 2018 Operating (loss) Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 36,117 $ 22,256 $ 5,563 $ 14,677 $ 78,613 Europe (2,602 ) $ 218 $ 537 $ 934 $ (913 ) Operating income 33,515 Interest expense—third party (3,132 ) Interest expense—related party (23 ) Other income, net 1,566 Earnings before income taxes 31,926 Income tax provision (5,140 ) Net earnings 26,786 Net earnings attributable to noncontrolling interests (169 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 26,617 Three Months Ended September 30, 2017 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ (107,687 ) $ 103,565 $ 3,085 $ 1,097 $ 60 Europe (4,818 ) $ 415 $ 406 $ 1,671 $ (2,326 ) Operating loss (112,505 ) Interest expense—related party (1,864 ) Other income, net 1,364 Loss before income taxes (113,005 ) Income tax benefit 40,847 Net loss (72,158 ) Net loss attributable to noncontrolling interests 397 Net loss attributable to ANGI Homeservices Inc. shareholders $ (71,761 ) Nine Months Ended September 30, 2018 Operating (loss) Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 56,862 $ 68,652 $ 16,491 $ 44,301 $ 186,306 Europe (10,841 ) $ 781 $ 1,679 $ 3,394 $ (4,987 ) Operating income 46,021 Interest expense—third party (8,797 ) Interest expense—related party (102 ) Other income, net 2,975 Earnings before income taxes 40,097 Income tax benefit 598 Net earnings 40,695 Net loss attributable to noncontrolling interests (64 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 40,631 Nine Months Ended September 30, 2017 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ (99,479 ) $ 118,961 $ 8,862 $ 3,012 $ 31,356 Europe (14,474 ) $ 1,319 $ 843 $ 3,873 $ (8,439 ) Operating loss (113,953 ) Interest expense—related party (5,538 ) Other income, net 2,100 Loss before income taxes (117,391 ) Income tax benefit 71,095 Net loss (46,296 ) Net loss attributable to noncontrolling interests 1,402 Net loss attributable to ANGI Homeservices Inc. shareholders $ (44,894 )

CONTINGENCIES

CONTINGENCIES	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	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

RELATED PARTY TRANSACTIONS WITH IAC	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS WITH IAC	RELATED PARTY TRANSACTIONS WITH IAC 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 $1.7 million and $4.8 million , respectively, for the three and nine months ended September 30, 2017 and are 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. 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. For the three and nine months ended September 30, 2018 , less than 0.1 million and 0.7 million shares, respectively, of ANGI Homeservices Class B common stock were issued to IAC 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. For the three and nine months ended September 30, 2018 , the Company was charged $1.7 million and $4.4 million , respectively, by IAC for services rendered pursuant to the services agreement which were paid in full by the Company at September 30, 2018 . At December 31, 2017 , the Company had outstanding payables due to IAC of $0.4 million pursuant to the services agreement and $2.0 million related primarily to transaction related costs incurred in connection with the Combination. These amounts were paid in full during the first quarter of 2018. Long-term debt—related party 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. The amounts outstanding on the promissory note at September 30, 2018 and December 31, 2017 are €0.9 million and €2.4 million ( $1.0 million and $2.8 million ), respectively.

TRANSACTION AND INTEGRATION REL

TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION	TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION During the three and nine months ended September 30, 2018 and 2017, the Company incurred $0.3 million and $3.6 million , and $26.0 million and $29.7 million , respectively, in costs related to the Combination (including severance, retention, transaction and integration related costs); as well as deferred revenue write-offs of $0.7 million and $5.3 million , respectively, during the three and nine months ended September 30, 2018 and $0.1 million for both the three and nine months ended September 30, 2017. The Company also incurred $16.0 million and $51.9 million , respectively, in stock-based compensation expense during the three and nine months ended September 30, 2018 and $96.9 million for both the three and nine months ended September 30, 2017, 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. A summary of the costs incurred, payments made and the related accrual is presented below. Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) (In thousands) Transaction and integration related costs $ 255 $ 25,980 $ 3,578 $ 29,660 Stock-based compensation expense 16,039 96,938 51,868 96,938 Total $ 16,294 $ 122,918 $ 55,446 $ 126,598 Nine Months Ended September 30, 2018 (In thousands) Accrual as of January 1 $ 8,480 Charges incurred 3,578 Payments made (10,757 ) Accrual as of September 30 $ 1,301 The costs are allocated as follows in the accompanying consolidated and combined statement of operations: Three Months Ended September 30, 2018 2017 Integration Related Costs Stock-based Compensation Expense Total Transaction and Integration Related Costs Stock-based Compensation Expense Total (In thousands) Cost of revenue $ — $ — $ — $ — $ — $ — Selling and marketing expense — 550 550 4,061 19,510 23,571 General and administrative expense 255 13,756 14,011 21,619 65,236 86,855 Product development expense — 1,733 1,733 300 12,192 12,492 Total $ 255 $ 16,039 $ 16,294 $ 25,980 $ 96,938 $ 122,918 Nine Months Ended September 30, 2018 2017 Integration Related Costs Stock-based Compensation Expense Total Transaction and Integration Related Costs Stock-based Compensation Expense Total (In thousands) Cost of revenue $ — $ — $ — $ — $ — $ — Selling and marketing expense — 1,650 1,650 4,061 19,510 23,571 General and administrative expense 3,578 45,285 48,863 25,299 65,236 90,535 Product development expense — 4,933 4,933 300 12,192 12,492 Total $ 3,578 $ 51,868 $ 55,446 $ 29,660 $ 96,938 $ 126,598

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On November 5, 2018, • ANGI entered into a five-year $250 million revolving credit facility (the "Credit Facility"). The annual commitment fee on undrawn funds is currently 25 basis points, and is based on the net leverage ratio most recently reported. Borrowings under the Credit Facility bear interest, at ANGI's option, at either a base rate or LIBOR, in each case plus an applicable margin, which is determined by reference to a pricing grid based on ANGI's consolidated net leverage ratio. The terms of the Credit Facility require ANGI to maintain a 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 . • The Term Loan was amended and restated, and is now due on November 5, 2023. Interest payments continue to be due at least quarterly through the term of the loan and quarterly principal payments of 1.25% of the original principal amount in the first three years from the amendment date, 2.5% in the fourth year and 3.75% in the fifth year are required. The financial covenants are the same as those for the Credit Facility. In October 2018, ANGI completed the acquisition of Handy Technologies, Inc. ("Handy"), an on-demand platform and gig marketplace connecting people looking for household services with independent, pre-screened professionals. ANGI issued approximately 8.6 million shares of its Class A common stock in connection with the Handy transaction. On October 10, 2018, IAC was issued approximately 5.1 million shares of Class B common stock of ANGI pursuant to post-closing adjustment provision of the Angie's List merger agreement.

THE COMPANY AND SUMMARY OF SI_2

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	ANGI Homeservices Inc. connects millions of homeowners to home service professionals through its portfolio of digital home service brands, including HomeAdvisor® and Angie’s List®. Combined, these leading marketplaces have collected more than 15 million reviews over the course of 20 years , allowing homeowners to research, match and connect on-demand to the largest network of service professionals online, through our mobile apps, or by voice assistants. ANGI Homeservices owns and operates brands in eight countries. 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 September 30, 2018 , IAC owned 86.3% and 98.4% of the economic and voting interest, respectively, of ANGI Homeservices. The Company has two operating segments: (i) North America, which includes HomeAdvisor, Angie's List, mHelpDesk and HomeStars, and (ii) Europe, which includes Travaux.com, MyHammer, MyBuilder, Werkspot and Instapro. All references to "ANGI Homeservices," the "Company," "ANGI," "we," "our" or "us" in this report are to ANGI Homeservices Inc.
Basis of 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 historical financial position, 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. However, the allocations may not reflect the expenses that the Company may have incurred as a standalone public company for the periods presented. For the purpose of these financial statements, income taxes have been computed as if ANGI Homeservices filed on a standalone, separate tax return 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. See " Note 11—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 certain corporate expenses have been allocated from IAC, are reasonable and the unaudited interim consolidated and combined financial statements reflect all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of our financial position, results of operations and cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited interim consolidated and combined financial statements should be read in conjunction with the audited consolidated and combined financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017.
Basis of Presentation	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 historical financial position, 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. However, the allocations may not reflect the expenses that the Company may have incurred as a standalone public company for the periods presented. For the purpose of these financial statements, income taxes have been computed as if ANGI Homeservices filed on a standalone, separate tax return 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. See " Note 11—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 certain corporate expenses have been allocated from IAC, are reasonable and the unaudited interim consolidated and combined financial statements reflect all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of our financial position, results of operations and cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited interim consolidated and combined financial statements should be read in conjunction with the audited consolidated and combined financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017.
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 recoverability of goodwill and indefinite-lived intangible assets; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the fair value of the marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts; the determination of revenue reserves; 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.
Recent accounting pronouncements	Accounting Pronouncements adopted by the Company ASU No. 2014-09, Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2014-09, which superseded nearly all previous revenue recognition guidance. The Company adopted ASU No. 2014-09 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 is 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 adoption of ASU No. 2014-09 is expected to reduce sales commissions expense for the year ending December 31, 2018 by approximately $8.0 million . See " Note 2—Revenue Recognition " for additional information on the impact to the Company. The Company's disaggregated revenue disclosures are presented in " Note 9—Segment Information ." The following tables present 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 three and nine months ended September 30, 2018 . Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Revenue by segment: North America $ 286,594 $ 286,594 $ — $ 800,125 $ 800,125 $ — Europe 16,522 16,522 — 53,124 53,124 — Total $ 303,116 $ 303,116 $ — $ 853,249 $ 853,249 $ — Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Operating costs and expenses by segment: North America $ 250,477 $ 250,286 $ 191 $ 743,263 $ 751,177 $ (7,914 ) Europe 19,124 19,066 58 63,965 64,013 (48 ) Total $ 269,601 $ 269,352 $ 249 $ 807,228 $ 815,190 $ (7,962 ) Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Operating income (loss) by segment: North America $ 36,117 $ 36,308 $ (191 ) $ 56,862 $ 48,948 $ 7,914 Europe (2,602 ) (2,544 ) (58 ) (10,841 ) (10,889 ) 48 Total $ 33,515 $ 33,764 $ (249 ) $ 46,021 $ 38,059 $ 7,962 Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Net earnings $ 26,786 $ 26,933 $ (147 ) $ 40,695 $ 34,664 $ 6,031 ASU No. 2016-18, Restricted Cash In November 2016, the FASB issued ASU No. 2016-18, which requires companies to explain the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. Therefore, amounts generally described as restricted cash or restricted cash equivalents are combined with unrestricted cash and cash equivalents when reconciling the beginning and end of period balances on the statement of cash flows. ASU No. 2016-18 also requires companies to disclose the nature of their restricted cash and restricted cash equivalents balances. Additionally, when cash, cash equivalents, restricted cash, and restricted cash equivalents are presented within different captions on the balance sheet, a reconciliation of the totals in the statement of cash flows to the related captions in the balance sheet is required. ASU No. 2016-18 is effective for reporting periods beginning after December 15, 2017. The Company's adoption of ASU No. 2016-18 effective January 1, 2018, on a retrospective basis, did not have a material effect on its consolidated and combined financial statements. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 (In thousands) Cash and cash equivalents $ 279,489 $ 221,521 $ 59,543 $ 36,377 Restricted cash included in other current assets — — 190 — Restricted cash included in other assets 433 — — 10,548 Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flows $ 279,922 $ 221,521 $ 59,733 $ 46,925 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. Accounting Pronouncement not yet adopted by the Company ASU No. 2016-02, Leases (Topic 842) In February 2016, the FASB issued ASU No. 2016-02, which supersedes existing guidance on accounting for leases and generally requires all leases to be recognized in the statement of financial position. The provisions of ASU No. 2016-02 are effective for reporting periods beginning after December 15, 2018. The Company will adopt the new lease guidance effective January 1, 2019. In July 2018, the FASB issued ASU No. 2018-11, Leases (Topic 842): Targeted Improvements, which provides the option of an additional transition method that allows entities to initially apply the new lease guidance at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company expects to implement the transition method option provided by ASU No. 2018-11. The Company is not a lessor, has no capitalized leases and does not expect to enter into any capitalized leases prior to the adoption of ASU No. 2016-02. Accordingly, the Company does not expect the amount or classification of rent expense in its statement of operations to be affected by the adoption of ASU No. 2016-02. The primary effect of the adoption of ASU No. 2016-02 will be the recognition of a right of use asset and related liability to reflect the Company's rights and obligations under its operating leases. The Company will also be required to provide the additional disclosures stipulated in ASU No. 2016-02. The adoption of ASU No. 2016-02 will not have an impact on the leverage calculation set forth in the Company's term loan facility because the leverage calculation is not affected by the liability that will be recorded upon adoption of the new standard. While the Company's evaluation of the impact of the adoption of ASU No. 2016-02 on its consolidated financial statements continues, outlined below is a summary of the status of the Company's progress: • the Company has selected a software solution to implement ASU No. 2016-02; • the Company has input lease summaries into the software solution; • the Company is assessing the other inputs required in connection with the adoption of ASU No. 2016-02; and • the Company is developing its accounting policy, procedures and internal controls related to the new standard. Development of our selected software solution is ongoing, as it is not yet fully compliant with the requirements of ASU No. 2016-02. The timely readiness of the software solution is critical to ensure an efficient and effective adoption of ASU No. 2016-02. The Company's ability to calculate an estimate of the right of use asset and related liability is dependent upon the readiness of the software solution.
General Revenue Recognition	The Company accounts for a contract 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 is contractually due in exchange for those services or goods. Revenue is primarily derived from (i) consumer connection revenue, which comprises fees paid by service professionals for consumer matches (regardless of whether the professional ultimately provides the requested service), and (ii) membership subscription fees paid by service professionals. Consumer connection revenue varies based upon several factors, including the service requested, type of match 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. Membership subscription revenue from service professionals 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. Revenue is also derived from Angie's List (i) sales of time-based website, mobile and call center advertising to service professionals and (ii) membership subscription fees from consumers. 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. 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. Accounts Receivables, net of allowance for doubtful accounts and revenue reserves Accounts receivable include amounts billed and currently due from customers. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivables 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 and 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 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 generally 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 as of January 1, 2018 is $64.1 million . During the nine months ended September 30, 2018 , the Company recognized $58.0 million of revenue that was included in the deferred revenue balance as of January 1, 2018. The deferred revenue balance as of June 30, 2018 is $70.4 million . During the three months ended September 30, 2018 , the Company recognized $36.5 million of revenue that was included in the deferred revenue balance as of July 1, 2018. The current and non-current deferred revenue balances at September 30, 2018 are $66.7 million and $0.7 million , respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the accompanying consolidated balance sheet. 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 three and nine months ended September 30, 2018 , the Company recognized expense of $13.2 million and $36.9 million , respectively, related to the amortization of these costs. The current and non-current contract asset balances at September 30, 2018 are $37.3 million and $4.6 million , 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.

THE COMPANY AND SUMMARY OF SI_3

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of New Accounting Pronouncements	The following tables present 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 three and nine months ended September 30, 2018 . Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Revenue by segment: North America $ 286,594 $ 286,594 $ — $ 800,125 $ 800,125 $ — Europe 16,522 16,522 — 53,124 53,124 — Total $ 303,116 $ 303,116 $ — $ 853,249 $ 853,249 $ — Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Operating costs and expenses by segment: North America $ 250,477 $ 250,286 $ 191 $ 743,263 $ 751,177 $ (7,914 ) Europe 19,124 19,066 58 63,965 64,013 (48 ) Total $ 269,601 $ 269,352 $ 249 $ 807,228 $ 815,190 $ (7,962 ) Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Operating income (loss) by segment: North America $ 36,117 $ 36,308 $ (191 ) $ 56,862 $ 48,948 $ 7,914 Europe (2,602 ) (2,544 ) (58 ) (10,841 ) (10,889 ) 48 Total $ 33,515 $ 33,764 $ (249 ) $ 46,021 $ 38,059 $ 7,962 Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 Under ASC 606 Under ASC 605 Effect of adoption of ASU No. 2014-09 (In thousands) Net earnings $ 26,786 $ 26,933 $ (147 ) $ 40,695 $ 34,664 $ 6,031
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 (In thousands) Cash and cash equivalents $ 279,489 $ 221,521 $ 59,543 $ 36,377 Restricted cash included in other current assets — — 190 — Restricted cash included in other assets 433 — — 10,548 Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flows $ 279,922 $ 221,521 $ 59,733 $ 46,925
Schedule of Restricted Cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 (In thousands) Cash and cash equivalents $ 279,489 $ 221,521 $ 59,543 $ 36,377 Restricted cash included in other current assets — — 190 — Restricted cash included in other assets 433 — — 10,548 Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flows $ 279,922 $ 221,521 $ 59,733 $ 46,925

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Schedule of Pro Forma Financial Information	The unaudited pro forma financial information in the table below presents the combined results of the Company and Angie's List, HomeStars, MyBuilder and MyHammer as if these acquisitions had occurred on January 1, 2016. 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 acquisitions actually occurred on January 1, 2016. For the three and nine months ended September 30, 2017 , pro forma adjustments include (i) reductions in stock-based compensation expense of $85.1 million and $52.9 million , respectively, and transaction related costs of $22.1 million and $26.8 million , respectively, 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 $11.3 million and $34.4 million , respectively. 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 $12.0 million related to the Combination. Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (In thousands, except per share data) Revenue $ 251,995 $ 731,920 Net loss attributable to ANGI Homeservices Inc. shareholders $ (7,172 ) $ (2,178 ) Basic loss per share attributable to ANGI Homeservices Inc. shareholders $ (0.02 ) $ (0.01 ) Diluted loss per share attributable to ANGI Homeservices Inc. shareholders $ (0.02 ) $ (0.01 )

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Schedule of Current Available-for-sale Marketable Securities	At September 30, 2018, current available-for-sale marketable debt securities are as follows: Amortized Gross Gross Fair Value (In thousands) Treasury discount notes $ 34,867 $ — $ (2 ) $ 34,865 Total available-for-sale marketable debt securities $ 34,867 $ — $ (2 ) $ 34,865
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: September 30, 2018 Quoted Market Significant Significant Total (In thousands) Assets: Cash equivalents: Money market funds $ 158,648 $ — $ — $ 158,648 Commercial paper — 48,048 — 48,048 Treasury discount notes — 44,960 — 44,960 Time deposits — 15,000 — 15,000 Marketable securities: Treasury discount notes — 34,865 — 34,865 Total $ 158,648 $ 142,873 $ — $ 301,521 December 31, 2017 Quoted Market Significant Significant Total (In thousands) Assets: Cash equivalents: Money market funds $ 189,207 $ — $ — $ 189,207 Treasury discount notes — 500 — 500 Certificates of deposit — 6,195 — 6,195 Total $ 189,207 $ 6,695 $ — $ 195,902
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: September 30, 2018 December 31, 2017 Carrying value Fair value Carrying value Fair value (In thousands) Current portion of long term debt $ (13,750 ) $ (13,664 ) $ (13,750 ) $ (13,802 ) Long-term debt, net (a) (248,455 ) (249,369 ) (258,312 ) (262,230 ) Current portion of long-term debt—related party — — (816 ) (837 ) Long-term debt—related party, net (1,048 ) (1,155 ) (1,997 ) (2,048 ) _________________ (a) At September 30, 2018 and December 31, 2017, the carrying value of long-term debt, net includes unamortized debt issuance costs of $2.5 million and $2.9 million , respectively .

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of: September 30, 2018 December 31, 2017 (In thousands) Term Loan due November 1, 2022 $ 264,688 $ 275,000 Less: current portion of Term Loan 13,750 13,750 Less: unamortized debt issuance costs 2,483 2,938 Total long-term debt, net $ 248,455 $ 258,312

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables present the components of accumulated other comprehensive income (loss) and items reclassified out of accumulated other comprehensive income into earnings: Three Months Ended September 30, 2018 Foreign Unrealized Losses On Available-For-Sale Debt Securities Accumulated (In thousands) Balance at July 1 $ 1,091 $ — $ 1,091 Other comprehensive income (loss) 190 (3 ) 187 Balance at September 30 $ 1,281 $ (3 ) $ 1,278 Three Months Ended September 30, 2017 Foreign Accumulated (In thousands) Balance at July 1 $ (230 ) $ (230 ) Other comprehensive income 3,578 3,578 Balance at September 30 $ 3,348 $ 3,348 Nine Months Ended September 30, 2018 Foreign Unrealized Losses On Available-For-Sale Debt Securities Accumulated (In thousands) Balance at January 1 $ 2,232 $ — $ 2,232 Other comprehensive loss before reclassifications (899 ) (3 ) (902 ) Amounts reclassified to earnings (52 ) — (52 ) Net current period other comprehensive loss (951 ) (3 ) (954 ) Balance at September 30 $ 1,281 $ (3 ) $ 1,278 Nine Months Ended September 30, 2017 Foreign Accumulated (In thousands) Balance at January 1 $ (1,721 ) $ (1,721 ) Other comprehensive income 5,069 5,069 Balance at September 30 $ 3,348 $ 3,348

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings per Share	The following tables set forth the computation of basic and diluted earnings (loss) per share attributable to ANGI Homeservices shareholders: Three Months Ended September 30, 2018 2017 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings (loss) $ 26,786 $ 26,786 $ (72,158 ) $ (72,158 ) Net (earnings) loss attributable to noncontrolling interests (169 ) (169 ) 397 397 Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders $ 26,617 $ 26,617 $ (71,761 ) $ (71,761 ) Denominator: Weighted average basic shares outstanding 481,570 481,570 415,420 415,420 Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (a)(b)(c) — 39,269 — — Denominator for earnings per share—weighted average shares 481,570 520,839 415,420 415,420 Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders: Earnings (loss) per share $ 0.06 $ 0.05 $ (0.17 ) $ (0.17 ) Nine Months Ended September 30, 2018 2017 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings (loss) $ 40,695 $ 40,695 $ (46,296 ) $ (46,296 ) Net (earnings) loss attributable to noncontrolling interests (64 ) (64 ) 1,402 1,402 Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders $ 40,631 $ 40,631 $ (44,894 ) $ (44,894 ) Denominator: Weighted average basic shares outstanding 480,178 480,178 414,978 414,978 Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (a)(b)(c) — 31,452 — — Denominator for earnings per share—weighted average shares 480,178 511,630 414,978 414,978 Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders: Earnings (loss) per share $ 0.08 $ 0.08 $ (0.11 ) $ (0.11 ) ________________________ (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 three and nine months ended September 30, 2018 , 0.2 million and 0.3 million potentially dilutive securities are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (b) For the three and nine months ended September 30, 2017, the Company had a loss from operations and as a result, approximately 58.3 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. (c) Performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon vesting of PSUs are included in the denominator for earnings per share if (i) the applicable performance condition(s) has been met and (ii) the inclusion of the PSUs is dilutive for the respective reporting periods. For both the three and nine months ended September 30, 2018, 1.2 million shares underlying PSUs were excluded from the calculation of diluted earnings per share because the performance condition(s) had not been met.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Schedule of Segmented Revenue Disaggregated by Service	The following table presents revenue by reportable segment: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Revenue: North America $ 286,594 $ 167,104 $ 800,125 $ 470,667 Europe 16,522 14,613 53,124 42,506 Total $ 303,116 $ 181,717 $ 853,249 $ 513,173 The following table presents revenue disaggregated by service for the Company's reportable segments: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) North America Marketplace: Consumer connection revenue (a) $ 195,065 $ 141,055 $ 531,297 $ 398,218 Membership subscription revenue 17,034 14,486 49,226 40,942 Other revenue 950 1,060 2,869 2,840 Marketplace revenue 213,049 156,601 583,392 442,000 Advertising & Other revenue (b) 73,545 10,503 216,733 28,667 Total North America revenue 286,594 167,104 800,125 470,667 Europe Consumer connection revenue (a) 12,022 10,001 38,885 29,636 Membership subscription revenue 4,217 4,320 13,405 12,198 Advertising and other revenue 283 292 834 672 Total Europe revenue 16,522 14,613 53,124 42,506 Total revenue $ 303,116 $ 181,717 $ 853,249 $ 513,173 ___________________________ (a) Fees paid by service professionals for consumer matches. (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 and Felix.
Schedule of Revenue from External Customers by Geographic Areas	Geographic information about revenue and long-lived assets is presented below. Revenue by geography is based on where the customer is located. Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Revenue United States $ 283,672 $ 164,999 $ 791,932 $ 466,134 All other countries 19,444 16,718 61,317 47,039 Total $ 303,116 $ 181,717 $ 853,249 $ 513,173
Schedule of Revenue and Long-lived Assets by Geographic Areas	September 30, 2018 December 31, 2017 (In thousands) Long-lived assets (excluding goodwill and intangible assets) United States $ 53,635 $ 49,356 All other countries 5,140 3,936 Total $ 58,775 $ 53,292
Schedule of Segment Reporting Information	The following tables present operating income (loss) and Adjusted EBTIDA by reportable segment: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Operating Income (Loss): North America $ 36,117 $ (107,687 ) $ 56,862 $ (99,479 ) Europe (2,602 ) (4,818 ) (10,841 ) (14,474 ) Total $ 33,515 $ (112,505 ) $ 46,021 $ (113,953 ) Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) Adjusted EBITDA (c) : North America $ 78,613 $ 60 $ 186,306 $ 31,356 Europe $ (913 ) $ (2,326 ) $ (4,987 ) $ (8,439 ) ___________________________ (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. Moreover, our management uses this measure internally to evaluate the performance of our businesses, and this measure is one of the primary metrics on which our internal budgets are based and by which management is compensated. The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature. Adjusted EBITDA has certain limitations in that it does not take into account the impact to ANGI Homeservices Inc.'s statement of operations of certain expenses.
Schedule of Reconciliation of Operating Income to Adjusted EBITDA	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: Three Months Ended September 30, 2018 Operating (loss) Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 36,117 $ 22,256 $ 5,563 $ 14,677 $ 78,613 Europe (2,602 ) $ 218 $ 537 $ 934 $ (913 ) Operating income 33,515 Interest expense—third party (3,132 ) Interest expense—related party (23 ) Other income, net 1,566 Earnings before income taxes 31,926 Income tax provision (5,140 ) Net earnings 26,786 Net earnings attributable to noncontrolling interests (169 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 26,617 Three Months Ended September 30, 2017 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ (107,687 ) $ 103,565 $ 3,085 $ 1,097 $ 60 Europe (4,818 ) $ 415 $ 406 $ 1,671 $ (2,326 ) Operating loss (112,505 ) Interest expense—related party (1,864 ) Other income, net 1,364 Loss before income taxes (113,005 ) Income tax benefit 40,847 Net loss (72,158 ) Net loss attributable to noncontrolling interests 397 Net loss attributable to ANGI Homeservices Inc. shareholders $ (71,761 ) Nine Months Ended September 30, 2018 Operating (loss) Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 56,862 $ 68,652 $ 16,491 $ 44,301 $ 186,306 Europe (10,841 ) $ 781 $ 1,679 $ 3,394 $ (4,987 ) Operating income 46,021 Interest expense—third party (8,797 ) Interest expense—related party (102 ) Other income, net 2,975 Earnings before income taxes 40,097 Income tax benefit 598 Net earnings 40,695 Net loss attributable to noncontrolling interests (64 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 40,631 Nine Months Ended September 30, 2017 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ (99,479 ) $ 118,961 $ 8,862 $ 3,012 $ 31,356 Europe (14,474 ) $ 1,319 $ 843 $ 3,873 $ (8,439 ) Operating loss (113,953 ) Interest expense—related party (5,538 ) Other income, net 2,100 Loss before income taxes (117,391 ) Income tax benefit 71,095 Net loss (46,296 ) Net loss attributable to noncontrolling interests 1,402 Net loss attributable to ANGI Homeservices Inc. shareholders $ (44,894 )

TRANSACTION AND INTEGRATION R_2

TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Schedule of Purchase Price	A summary of the costs incurred, payments made and the related accrual is presented below. Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (In thousands) (In thousands) Transaction and integration related costs $ 255 $ 25,980 $ 3,578 $ 29,660 Stock-based compensation expense 16,039 96,938 51,868 96,938 Total $ 16,294 $ 122,918 $ 55,446 $ 126,598 Nine Months Ended September 30, 2018 (In thousands) Accrual as of January 1 $ 8,480 Charges incurred 3,578 Payments made (10,757 ) Accrual as of September 30 $ 1,301 The costs are allocated as follows in the accompanying consolidated and combined statement of operations: Three Months Ended September 30, 2018 2017 Integration Related Costs Stock-based Compensation Expense Total Transaction and Integration Related Costs Stock-based Compensation Expense Total (In thousands) Cost of revenue $ — $ — $ — $ — $ — $ — Selling and marketing expense — 550 550 4,061 19,510 23,571 General and administrative expense 255 13,756 14,011 21,619 65,236 86,855 Product development expense — 1,733 1,733 300 12,192 12,492 Total $ 255 $ 16,039 $ 16,294 $ 25,980 $ 96,938 $ 122,918 Nine Months Ended September 30, 2018 2017 Integration Related Costs Stock-based Compensation Expense Total Transaction and Integration Related Costs Stock-based Compensation Expense Total (In thousands) Cost of revenue $ — $ — $ — $ — $ — $ — Selling and marketing expense — 1,650 1,650 4,061 19,510 23,571 General and administrative expense 3,578 45,285 48,863 25,299 65,236 90,535 Product development expense — 4,933 4,933 300 12,192 12,492 Total $ 3,578 $ 51,868 $ 55,446 $ 29,660 $ 96,938 $ 126,598

THE COMPANY AND SUMMARY OF SI_4

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)consumer_review	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)operating_segmentconsumer_review	Sep. 30, 2017USD ($)	Dec. 31, 2018USD ($)	Jan. 01, 2018USD ($)	Dec. 31, 2017USD ($)
Entity Operations Information [Abstract]
Number of consumer reviews | consumer_review	15,000,000		15,000,000
Period of consumer reviews collected			20 years
Number of operating segments | operating_segment			2
Deferred income taxes	$ 3,615		$ 3,615				$ 5,626
Retained earnings (accumulated deficit)	(55,484)		(55,484)				$ (121,764)
Operating loss	33,515	$ (112,505)	46,021	$ (113,953)
Accounting Standards Update 2014-09
Entity Operations Information [Abstract]
Current asset for capitalized sales commissions						$ 29,700
Noncurrent asset for capitalized sales commissions						4,200
Deferred income taxes						8,300
Retained earnings (accumulated deficit)						$ 25,600
Difference between Revenue Guidance in Effect before and after Topic 606 | Accounting Standards Update 2014-09
Entity Operations Information [Abstract]
Operating loss	$ (249)		$ 7,962
Forecast | Difference between Revenue Guidance in Effect before and after Topic 606 | Accounting Standards Update 2014-09
Entity Operations Information [Abstract]
Operating loss					$ 8,000
ANGI Homeservices | Class B Common Stock | IAC
Entity Operations Information [Abstract]
Ownership interest (as a percent)	86.30%		86.30%
Voting interest (as a percent)	98.40%		98.40%

THE COMPANY AND SUMMARY OF SI_5

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Adoption of ASU 2014-09 (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	$ 303,116	$ 181,717	$ 853,249	$ 513,173
Operating costs and expenses by segment:	269,601	294,222	807,228	627,126
Operating loss	33,515	(112,505)	46,021	(113,953)
Net earnings	26,786	$ (72,158)	40,695	$ (46,296)
North America
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	286,594
Operating costs and expenses by segment:	250,477		743,263
Operating loss	36,117
Europe
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	16,522
Operating costs and expenses by segment:	19,124		63,965
Operating loss	(2,602)
Under ASC 605
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	303,116		853,249
Operating costs and expenses by segment:	269,352		815,190
Operating loss	33,764		38,059
Net earnings	26,933		34,664
Under ASC 605 | North America
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	286,594		800,125
Operating costs and expenses by segment:	250,286		751,177
Operating loss	36,308		48,948
Under ASC 605 | Europe
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	16,522		53,124
Operating costs and expenses by segment:	19,066		64,013
Operating loss	(2,544)		(10,889)
Accounting Standards Update 2014-09 | Effect of adoption of ASU No. 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	0		0
Operating costs and expenses by segment:	249		(7,962)
Operating loss	(249)		7,962
Net earnings	(147)		6,031
Accounting Standards Update 2014-09 | Effect of adoption of ASU No. 2014-09 | North America
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	0		0
Operating costs and expenses by segment:	191		(7,914)
Operating loss	(191)		7,914
Accounting Standards Update 2014-09 | Effect of adoption of ASU No. 2014-09 | Europe
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue by segment:	0		0
Operating costs and expenses by segment:	58		(48)
Operating loss	$ (58)		$ 48

THE COMPANY AND SUMMARY OF SI_6

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 279,489	$ 221,521	$ 59,543	$ 36,377
Restricted cash included in other current assets	0	0	190	0
Restricted cash included in other assets	433	0	0	10,548
Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flows	$ 279,922	$ 221,521	$ 59,733	$ 46,925

REVENUE RECOGNITION - Narrative

REVENUE RECOGNITION - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue from Contract with Customer [Abstract]
Deferred revenue			$ 70,400	$ 64,100
Deferred revenue recognized during period	$ 36,500	$ 58,000
Deferred revenue	66,666	66,666			$ 62,371
Noncurrent deferred revenue	700	700
Amortization expense recognized related to contract cost assets	13,200	36,900
Current contract assets	37,300	37,300
Noncurrent contract assets	$ 4,600	$ 4,600

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax (provision) benefit	$ (5,140)	$ 40,847	$ 598	$ 71,095
Effective income tax rate (as a percent)	16.00%	36.00%
Unrecognized tax benefits including interest	$ 2,100		2,100		$ 1,500
Decrease in unrecognized tax benefit, reasonably possible within twelve months	2,100		2,100		$ 1,500
Gross deferred tax asset	$ 79,900		$ 79,900

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) $ in Thousands, € in Millions, £ in Millions, $ in Millions	Sep. 29, 2017USD ($)	Mar. 24, 2017USD ($)	Mar. 24, 2017GBP (£)	Feb. 08, 2017USD ($)	Feb. 08, 2017CAD ($)	Nov. 03, 2016USD ($)	Nov. 03, 2016EUR (€)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)
Business Acquisition
Pro-forma adjustment to increase (decrease) transaction related costs								$ (22,100)		$ (26,800)
Severance and retention costs										12,000
Angie's List
Business Acquisition
Voting interests acquired (as a percent)	100.00%
Consideration transferred	$ 781,400
Cash acquisition price									$ 10,757
HomeStars
Business Acquisition
Voting interests acquired (as a percent)				90.00%	90.00%
Cash acquisition price				$ 12,700	$ 16.6
Ownership of noncontrolling interests (as a percent)				10.00%	10.00%
Fair value at acquisition				$ 1,400	$ 1.9
MyBuilder
Business Acquisition
Voting interests acquired (as a percent)		75.00%	75.00%
Cash acquisition price		$ 40,700	£ 32.6
Ownership of noncontrolling interests (as a percent)		25.00%	25.00%
Fair value at acquisition		$ 13,300	£ 10.7
MyHammer
Business Acquisition
Voting interests acquired (as a percent)						70.00%	70.00%		83.00%
Consideration transferred						$ 19,700	€ 17.7
Ownership of noncontrolling interests (as a percent)						30.00%	30.00%
Fair value at acquisition						$ 10,400	€ 9.4
Modification of Equity Awards
Business Acquisition
Pro-forma adjustment to increase (decrease) share-based compensation								(85,100)		(52,900)
Amortization Adjustment
Business Acquisition
Pro-forma adjustment to increase (decrease) amortization of intangibles								$ 11,300		$ 34,400

BUSINESS COMBINATIONS - Schedul

BUSINESS COMBINATIONS - Schedule of Pro-Forma Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017
Business Acquisition, Pro Forma Information [Abstract]
Revenue	$ 251,995	$ 731,920
Net loss attributable to ANGI Homeservices Inc. shareholders	$ (7,172)	$ (2,178)
Basic earnings per share attributable to ANGI Homeservices Inc. shareholders (USD per share)	$ (0.02)	$ (0.01)
Diluted earnings per share attributable to ANGI Homeservices Inc. shareholders (USD per share)	$ (0.02)	$ (0.01)

FINANCIAL INSTRUMENTS - Narrati

FINANCIAL INSTRUMENTS - Narrative (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2018USD ($)
Fair Value Disclosures [Abstract]
Contractual maturity of current available-for-sale securities (equal to or less than one year)		1 year
Available-for-sale securities in an unrealized loss position	$ 0	$ 0
Gross realized gains	0
Gross realized losses	$ 0

FINANCIAL INSTRUMENTS - Fair Va

FINANCIAL INSTRUMENTS - Fair Value of Marketable Securities (Details) $ in Thousands	Sep. 30, 2018USD ($)
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 34,867
Gross Unrealized Gains	0
Gross Unrealized Losses	(2)
Fair Value	34,865
Treasury discount notes
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	34,867
Gross Unrealized Gains	0
Gross Unrealized Losses	(2)
Fair Value	$ 34,865

FINANCIAL INSTRUMENTS - Assets

FINANCIAL INSTRUMENTS - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Cash equivalents		$ 195,902
Marketable securities	$ 34,865
Total	301,521
Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents		189,207
Total	158,648
Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		6,695
Total	142,873
Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		0
Total	0
Money market funds
Assets:
Cash equivalents	158,648	189,207
Money market funds | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	158,648	189,207
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
Commercial paper
Assets:
Cash equivalents	48,048
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	48,048
Commercial paper | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0
Treasury discount notes
Assets:
Cash equivalents	44,960	500
Marketable securities	34,865
Treasury discount notes | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	0	0
Marketable securities	0
Treasury discount notes | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	44,960	500
Marketable securities	34,865
Treasury discount notes | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0	0
Marketable securities	0
Time deposits
Assets:
Cash equivalents	15,000
Time deposits | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	0
Time deposits | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	15,000
Time deposits | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	$ 0
Certificates of deposit
Assets:
Cash equivalents		6,195
Certificates of deposit | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents		0
Certificates of deposit | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		6,195
Certificates of deposit | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		$ 0

FINANCIAL INSTRUMENTS - Carryin

FINANCIAL INSTRUMENTS - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long-term debt—related party	$ 0	$ (816)
Long-term debt—related party, net	(1,048)	(1,997)
Carrying value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long term debt	(13,750)	(13,750)
Long-term debt, net	(248,455)	(258,312)
Current portion of long-term debt—related party	0	(816)
Long-term debt—related party, net	(1,048)	(1,997)
Unamortized debt issuance costs	(2,500)	(2,900)
Fair value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long term debt	(13,664)	(13,802)
Long-term debt, net	(249,369)	(262,230)
Current portion of long-term debt—related party	0	(837)
Long-term debt—related party, net	$ (1,155)	$ (2,048)

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Debt Instrument
Outstanding balance	$ 264,688	$ 275,000
Term Loan | Term Loan
Debt Instrument
Term of debt instrument	5 years
Outstanding balance	$ 264,700	$ 275,000
Interest rate (as a percent)	4.10%	3.38%
Term Loan | Term Loan | Minimum
Debt Instrument
Interest coverage ratio	2.5
Term Loan | Term Loan | Maximum
Debt Instrument
Net leverage ratio	4.5
Term Loan | Term Loan | LIBOR
Debt Instrument
Interest rate (as a percent)	1.75%	2.00%
Term Loan | Term Loan | Quarterly Payments for First Three Years | Base Rate
Debt Instrument
Interest rate (as a percent)	1.25%
Term Loan | Term Loan | Quarterly Payments in Fourth Year | Base Rate
Debt Instrument
Interest rate (as a percent)	2.50%
Term Loan | Term Loan | Quarterly Payments in Fifth Year | Base Rate
Debt Instrument
Interest rate (as a percent)	3.75%

LONG-TERM DEBT - Summary of Lon

LONG-TERM DEBT - Summary of Long-Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
Term Loan	$ 264,688	$ 275,000
Less: current portion of Term Loan	13,750	13,750
Less: unamortized debt issuance costs	2,483	2,938
Total long-term debt, net	$ 248,455	$ 258,312

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax expense (benefit)	$ 5,140,000	$ (40,847,000)	$ (598,000)	$ (71,095,000)
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax expense (benefit)			$ 0	$ 0

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME - Summary (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Accumulated Other Comprehensive Loss
Balance at beginning of period			$ 993,346
Other comprehensive (loss) income before reclassifications	$ 187	$ 3,578	(902)	$ 5,069
Amounts reclassified to earnings			(52)
Net current period other comprehensive (loss) income			(954)
Balance at end of period	1,102,762		1,102,762
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss
Balance at beginning of period	1,091	(230)	2,232	(1,721)
Balance at end of period	1,278	3,348	1,278	3,348
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Loss
Balance at beginning of period	1,091	(230)	2,232	(1,721)
Other comprehensive (loss) income before reclassifications	190	3,578	(899)	5,069
Amounts reclassified to earnings			(52)
Net current period other comprehensive (loss) income			(951)
Balance at end of period	1,281	$ 3,348	1,281	$ 3,348
Unrealized Losses On Available-For-Sale Debt Securities
Accumulated Other Comprehensive Loss
Balance at beginning of period	0		0
Other comprehensive (loss) income before reclassifications	(3)		(3)
Amounts reclassified to earnings			0
Net current period other comprehensive (loss) income			(3)
Balance at end of period	$ (3)		$ (3)

EARNINGS (LOSS) PER SHARE - Sum

EARNINGS (LOSS) PER SHARE - Summary (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Net earnings (loss)	$ 26,786	$ (72,158)	$ 40,695	$ (46,296)
Net (earnings) loss attributable to noncontrolling interests	(169)	397	(64)	1,402
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	$ 26,617	$ (71,761)	$ 40,631	$ (44,894)
Weighted average basic shares outstanding (shares)	481,570	415,420	480,178	414,978
Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (shares)	39,269	0	31,452	0
Weighted average diluted shares outstanding (shares)	520,839	415,420	511,630	414,978
Earnings (loss) per share attributable to ANGI Homeservices Inc. shareholders:
Basic earnings per share (USD per share)	$ 0.06	$ (0.17)	$ 0.08	$ (0.11)
Diluted earnings per share (USD per share)	$ 0.05	$ (0.17)	$ 0.08	$ (0.11)
Stock options, warrants, and subsidiary denominated equity exchange of Exchangeable Notes and vesting of RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)	200		300
Market-based awards and PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)	1,200	58,300	1,200	58,300

SEGMENT INFORMATION - Segment R

SEGMENT INFORMATION - Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information
Revenue from contracts with customers	$ 303,116	$ 181,717	$ 853,249	$ 513,173
Operating (Loss) Income	33,515	(112,505)	46,021	(113,953)
North America
Segment Reporting Information
Revenue from contracts with customers	286,594	167,104	800,125	470,667
Operating (Loss) Income	36,117	(107,687)	56,862	(99,479)
Adjusted EBITDA	78,613	60	186,306	31,356
Europe
Segment Reporting Information
Revenue from contracts with customers	16,522	14,613	53,124	42,506
Operating (Loss) Income	(2,602)	(4,818)	(10,841)	(14,474)
Adjusted EBITDA	$ (913)	$ (2,326)	$ (4,987)	$ (8,439)

SEGMENT INFORMATION - Revenue D

SEGMENT INFORMATION - Revenue Disaggregated by Service (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information
Revenue from contracts with customers	$ 303,116	$ 181,717	$ 853,249	$ 513,173
North America
Segment Reporting Information
Revenue from contracts with customers	286,594	167,104	800,125	470,667
Europe
Segment Reporting Information
Revenue from contracts with customers	16,522	14,613	53,124	42,506
Marketplace revenue | North America
Segment Reporting Information
Revenue from contracts with customers	213,049	156,601	583,392	442,000
Consumer connection revenue | North America
Segment Reporting Information
Revenue from contracts with customers	195,065	141,055	531,297	398,218
Membership subscription revenue | North America
Segment Reporting Information
Revenue from contracts with customers	17,034	14,486	49,226	40,942
Other revenue | North America
Segment Reporting Information
Revenue from contracts with customers	950	1,060	2,869	2,840
Advertising & Other revenue | North America
Segment Reporting Information
Revenue from contracts with customers	73,545	10,503	216,733	28,667
Advertising & Other revenue | Europe
Segment Reporting Information
Revenue from contracts with customers	283	292	834	672
Consumer connection revenue | Europe
Segment Reporting Information
Revenue from contracts with customers	12,022	10,001	38,885	29,636
Membership subscription revenue | Europe
Segment Reporting Information
Revenue from contracts with customers	$ 4,217	$ 4,320	$ 13,405	$ 12,198

SEGMENT INFORMATION - Revenue a

SEGMENT INFORMATION - Revenue and Long-Lived Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Revenue and Long-lived Assets by Geography
Revenue	$ 303,116	$ 181,717	$ 853,249	$ 513,173
Long-lived assets (excluding goodwill and intangible assets)	58,775		58,775		$ 53,292
United States
Revenue and Long-lived Assets by Geography
Revenue	283,672	164,999	791,932	466,134
Long-lived assets (excluding goodwill and intangible assets)	53,635		53,635		49,356
All other countries
Revenue and Long-lived Assets by Geography
Revenue	19,444	$ 16,718	61,317	$ 47,039
Long-lived assets (excluding goodwill and intangible assets)	$ 5,140		$ 5,140		$ 3,936

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Operating Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting, Other Significant Reconciling Item
Operating loss	$ 33,515	$ (112,505)	$ 46,021	$ (113,953)
Stock-based compensation expense	22,474	103,980	69,433	120,280
Depreciation	6,100	3,491	18,170	9,705
Amortization of intangibles	15,611	2,768	47,695	6,885
Interest expense—third party	(3,132)	0	(8,797)	0
Interest expense—related party	(23)	(1,864)	(102)	(5,538)
Other income, net	1,566	1,364	2,975	2,100
Earnings (loss) before income taxes	31,926	(113,005)	40,097	(117,391)
Income tax (provision) benefit	(5,140)	40,847	598	71,095
Net earnings (loss)	26,786	(72,158)	40,695	(46,296)
Net (earnings) loss attributable to noncontrolling interests	(169)	397	(64)	1,402
Net earnings (loss) attributable to ANGI Homeservices Inc. shareholders	26,617	(71,761)	40,631	(44,894)
North America
Segment Reporting, Other Significant Reconciling Item
Operating loss	36,117	(107,687)	56,862	(99,479)
Stock-based compensation expense	22,256	103,565	68,652	118,961
Depreciation	5,563	3,085	16,491	8,862
Amortization of intangibles	14,677	1,097	44,301	3,012
Adjusted EBITDA	78,613	60	186,306	31,356
Europe
Segment Reporting, Other Significant Reconciling Item
Operating loss	(2,602)	(4,818)	(10,841)	(14,474)
Stock-based compensation expense	218	415	781	1,319
Depreciation	537	406	1,679	843
Amortization of intangibles	934	1,671	3,394	3,873
Adjusted EBITDA	$ (913)	$ (2,326)	$ (4,987)	$ (8,439)

RELATED PARTY TRANSACTIONS WI_2

RELATED PARTY TRANSACTIONS WITH IAC - Narrative (Details) - IAC € in Millions, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)shares	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)shares	Sep. 30, 2017USD ($)	Dec. 31, 2017EUR (€)	Sep. 30, 2018EUR (€)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)
Related Party Transaction [Line Items]
Allocated general and administrative costs from related party activities		$ 1.7		$ 4.8
Amounts due to related party							$ 2
Notes Payable | Related Party Promissory Note
Related Party Transaction [Line Items]
Increase (decrease) in long-term debt - related parties | €					€ (2.4)
Long-term debt - related party	$ 1		$ 1			€ 0.9	2.8	€ 2.4
Employee Matters Agreement
Related Party Transaction [Line Items]
Shares received from related party pursuant to employee matters agreement (in shares) | shares	0.1		0.7
Services Agreement
Related Party Transaction [Line Items]
Related party costs	$ 1.7		$ 4.4
Amounts due to related party							$ 0.4

TRANSACTION AND INTEGRATION R_3

TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Business Acquisition
Stock-based compensation expense	$ 22,474	$ 103,980	$ 69,433	$ 120,280
Angie's List
Business Acquisition
Transaction and integration related costs	255	25,980	3,578	29,660
Write-off due to deferred revenue	700	100	5,300	100
Stock-based compensation expense	$ 16,039	$ 96,938	$ 51,868	$ 96,938

TRANSACTION AND INTEGRATION R_4

TRANSACTION AND INTEGRATION RELATED COSTS IN CONNECTION WITH THE COMBINATION - Summary (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Business Acquisition
Stock-based compensation expense	$ 22,474	$ 103,980	$ 69,433	$ 120,280
Cost of revenue
Business Acquisition
Stock-based compensation expense		9		19
Selling and marketing expense
Business Acquisition
Stock-based compensation expense	868	19,709	2,526	20,402
General and administrative expense
Business Acquisition
Stock-based compensation expense	19,326	71,732	60,331	86,650
Product development expense
Business Acquisition
Stock-based compensation expense	2,280	12,530	6,576	13,209
Angie's List
Business Acquisition
Transaction and integration related costs	255	25,980	3,578	29,660
Stock-based compensation expense	16,039	96,938	51,868	96,938
Total	16,294	122,918	55,446	126,598
Accrual as of January 1			8,480
Charges incurred			3,578
Payments made			(10,757)
Accrual as of September 30	1,301		1,301
Angie's List | Cost of revenue
Business Acquisition
Transaction and integration related costs	0	0	0	0
Stock-based compensation expense	0	0	0	0
Total	0	0	0	0
Angie's List | Selling and marketing expense
Business Acquisition
Transaction and integration related costs	0	4,061	0	4,061
Stock-based compensation expense	550	19,510	1,650	19,510
Total	550	23,571	1,650	23,571
Angie's List | General and administrative expense
Business Acquisition
Transaction and integration related costs	255	21,619	3,578	25,299
Stock-based compensation expense	13,756	65,236	45,285	65,236
Total	14,011	86,855	48,863	90,535
Angie's List | Product development expense
Business Acquisition
Transaction and integration related costs	0	300	0	300
Stock-based compensation expense	1,733	12,192	4,933	12,192
Total	$ 1,733	$ 12,492	$ 4,933	$ 12,492

SUBSEQUENT EVENTS - Narrative (

SUBSEQUENT EVENTS - Narrative (Details) - Subsequent Event shares in Millions	Nov. 05, 2018USD ($)	Nov. 02, 2018	Oct. 19, 2018shares	Oct. 10, 2018shares
Term Loan | Base Rate | Term Loan | Quarterly Payments for First Three Years
Subsequent Event [Line Items]
Interest rate (as a percent)	1.25%
Term Loan | Base Rate | Term Loan | Quarterly Payments in Fourth Year
Subsequent Event [Line Items]
Interest rate (as a percent)	2.50%
Term Loan | Base Rate | Term Loan | Quarterly Payments in Fifth Year
Subsequent Event [Line Items]
Interest rate (as a percent)	3.75%
Angie's List Transaction Agreement | Class B Common Stock
Subsequent Event [Line Items]
Stock issued in transaction (shares)				5.1
Revolving Credit Facility | ANGI Homeservices Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity | $	$ 250,000,000
Commitment fee (as a percent)		0.25%
Maximum | ANGI Homeservices Credit Facility
Subsequent Event [Line Items]
Net leverage ratio	4.5
Minimum | ANGI Homeservices Credit Facility
Subsequent Event [Line Items]
Interest coverage ratio	2
Handy Technologies, Inc. | Class A Common Stock
Subsequent Event [Line Items]
Stock issued in business acquisition (shares)			8.6