Angi (ANGI) 10-Q 7 Nov 19 2019 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2019	Nov. 01, 2019
Document Information [Line Items]
Entity Central Index Key	0001705110
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	001-38220
Entity Registrant Name	ANGI HOMESERVICES INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-1204801
Entity Address, Address Line One	3601 Walnut Street
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80205
City Area Code	303
Local Phone Number	963-7200
Title of 12(b) Security	Class A Common Stock, par value $0.001
Trading Symbol	ANGI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		81,230,434
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		421,569,641
Class C Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		0

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 402,914	$ 336,984
Marketable securities	0	24,947
Accounts receivable, net of allowance and reserves of $21,507 and $16,603, respectively	44,045	27,263
Other current assets	62,524	84,933
Total current assets	509,483	474,127
Right-of-use assets	101,270
Property and equipment, net of accumulated depreciation and amortization of $57,502 and $36,473, respectively	101,972	70,859
Goodwill	882,144	894,709
Intangible assets, net of accumulated amortization of $127,792 and $85,589, respectively	264,310	304,295
Deferred income taxes	75,881	40,837
Other non-current assets	8,940	23,200
TOTAL ASSETS	1,944,000	1,808,027
LIABILITIES:
Current portion of long-term debt	13,750	13,750
Accounts payable	25,485	20,083
Deferred revenue	64,832	61,417
Accrued expenses and other current liabilities	127,165	105,987
Total current liabilities	231,232	201,237
Long-term debt, net	235,246	244,971
Long-term debt—related party	0	1,015
Deferred income taxes	3,312	3,808
Other long-term liabilities	119,760	16,846
Redeemable noncontrolling interests	21,999	18,163
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Additional paid-in capital	1,344,956	1,333,097
Retained earnings (accumulated deficit)	16,139	(18,797)
Accumulated other comprehensive loss	(4,163)	(1,861)
Treasury stock, 4,153 and no shares, respectively	(34,157)	0
Total ANGI Homeservices Inc. shareholders' equity	1,323,283	1,312,941
Noncontrolling interests	9,168	9,046
Total shareholders' equity	1,332,451	1,321,987
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,944,000	1,808,027
Class A common stock, $0.001 par value; authorized 2,000,000 shares; issued 86,075 and 80,515 shares, respectively, and outstanding 81,922 and 80,515 shares, respectively
SHAREHOLDERS' EQUITY:
Common stock	86	81
Class B convertible common stock, $0.001 par value; authorized 1,500,000 shares; 421,570 and 421,118 shares issued and outstanding
SHAREHOLDERS' EQUITY:
Common stock	422	421
Class C common stock, $0.001 par value; authorized 1,500,000 shares; no shares issued and outstanding
SHAREHOLDERS' EQUITY:
Common stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Accounts receivable allowance	$ 21,507	$ 16,603
Property and equipment accumulated depreciation and amortization	57,502	36,473
Accumulated amortization of intangible assets	$ 127,792	$ 85,589
Class A Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	2,000,000,000	2,000,000,000
Common stock issued (shares)	86,075,000	80,515,000
Common stock outstanding (shares)	81,922,000	80,515,000
Class B Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	1,500,000,000	1,500,000,000
Common stock issued (shares)	421,570,000	421,118,000
Common stock outstanding (shares)	421,570,000	421,118,000
Class C Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	1,500,000,000	1,500,000,000
Common stock issued (shares)	0	0
Common stock outstanding (shares)	0	0

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue	$ 357,358	$ 303,116	$ 1,004,697	$ 853,249
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	13,312	14,015	34,045	42,313
Selling and marketing expense	195,542	136,412	567,011	416,187
General and administrative expense	82,344	82,154	254,786	238,112
Product development expense	16,021	15,309	46,907	44,751
Depreciation	11,244	6,100	27,039	18,170
Amortization of intangibles	14,169	15,611	42,421	47,695
Total operating costs and expenses	332,632	269,601	972,209	807,228
Operating income	24,726	33,515	32,488	46,021
Interest expense—third party	(3,007)	(3,132)	(8,964)	(8,797)
Interest expense—related party	0	(23)	(16)	(102)
Other income, net	1,505	1,566	4,839	2,975
Earnings before income taxes	23,224	31,926	28,347	40,097
Income tax (provision) benefit	(4,900)	(5,140)	7,062	598
Net earnings	18,324	26,786	35,409	40,695
Net earnings attributable to noncontrolling interests	(325)	(169)	(473)	(64)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$ 17,999	$ 26,617	$ 34,936	$ 40,631
Earnings per share attributable to ANGI Homeservices Inc. shareholders:
Basic earnings per share (USD per share)	$ 0.04	$ 0.06	$ 0.07	$ 0.08
Diluted earnings per share (USD per share)	$ 0.04	$ 0.05	$ 0.07	$ 0.08
Stock-based compensation expense by function:
Stock-based compensation expense	$ 8,784	$ 22,474	$ 45,586	$ 69,433
Cost of revenue
Stock-based compensation expense by function:
Stock-based compensation expense	0	0	0	0
Selling and marketing expense
Stock-based compensation expense by function:
Stock-based compensation expense	796	868	2,801	2,526
General and administrative expense
Stock-based compensation expense by function:
Stock-based compensation expense	6,375	19,326	37,124	60,331
Product development expense
Stock-based compensation expense by function:
Stock-based compensation expense	$ 1,613	$ 2,280	$ 5,661	$ 6,576

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net earnings	$ 18,324	$ 26,786	$ 35,409	$ 40,695
Other comprehensive loss:
Change in foreign currency translation adjustment	(3,071)	(177)	(2,880)	(1,628)
Change in unrealized gains and losses on available-for-sale debt securities	0	(3)	(3)	(3)
Total other comprehensive loss	(3,071)	(180)	(2,883)	(1,631)
Comprehensive income	15,253	26,606	32,526	39,064
Components of comprehensive loss (income) attributable to noncontrolling interests:
Net earnings attributable to noncontrolling interests	(325)	(169)	(473)	(64)
Change in foreign currency translation adjustment attributable to noncontrolling interests	390	367	581	677
Comprehensive loss attributable to noncontrolling interests	65	198	108	613
Comprehensive income attributable to ANGI Homeservices Inc. shareholders	$ 15,318	$ 26,804	$ 32,634	$ 39,677

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Total ANGI Homeservices Inc. Shareholders' Equity	Redeemable Noncontrolling Interests	Common Stock	Common StockClass A Common Stock	Common StockClass B Common Stock	Common StockClass C Common Stock	Additional Paid-in Capital	(Accumulated Deficit) Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Treasury Stock [Member]	Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2017			$ 21,300
Increase (Decrease) in Redeemable Noncontrolling Interests
Net earnings			(142)
Other comprehensive (loss) income			(590)
Stock-based compensation expense			1,084
Adjustment of redeemable noncontrolling interests to fair value			304
Other			39
Balance at end of period at Sep. 30, 2018			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	$ 0	$ 9,748
Balance at beginning of period (shares) at Dec. 31, 2017					62,818	415,186	0
Increase (Decrease) in Shareholders' Equity
Net earnings	40,837	40,631							40,631			206
Other comprehensive (loss) income	(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
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
Purchase of noncontrolling interests	(1,236)		(53)									(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	0	9,014
Balance at end of period (shares) at Sep. 30, 2018					66,073	415,904	0
Balance at beginning of period at Jun. 30, 2018			21,840
Increase (Decrease) in Redeemable Noncontrolling Interests
Net earnings			(53)
Other comprehensive (loss) income			(372)
Stock-based compensation expense			284
Adjustment of redeemable noncontrolling interests to fair value			243
Other			0
Balance at end of period at Sep. 30, 2018			21,942
Balance at beginning of period at Jun. 30, 2018	1,067,490	1,058,409			$ 65	$ 416	$ 0	1,138,938	(82,101)	1,091	0	9,081
Balance at beginning of period (shares) at Jun. 30, 2018					65,416	415,885	0
Increase (Decrease) in Shareholders' Equity
Net earnings	26,839	26,617							26,617			222
Other comprehensive (loss) income	192	187								187		5
Stock-based compensation expense	22,190	22,190						22,190
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(4,252)	(4,252)			$ 1			(4,253)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)					657
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)						19
Purchase of noncontrolling interests	(418)											(418)
Adjustment of redeemable noncontrolling interests to fair value	(243)	(243)						(243)
Other	(22)	(146)						(146)				124
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	0	9,014
Balance at end of period (shares) at Sep. 30, 2018					66,073	415,904	0
Balance at beginning of period at Dec. 31, 2018	18,163		18,163
Increase (Decrease) in Redeemable Noncontrolling Interests
Net earnings			284
Other comprehensive (loss) income			(514)
Stock-based compensation expense			113
Adjustment of redeemable noncontrolling interests to fair value			4,024
Balance at end of period at Sep. 30, 2019	21,999		21,999
Balance at beginning of period at Dec. 31, 2018	1,321,987	1,312,941			$ 81	$ 421	$ 0	1,333,097	(18,797)	(1,861)	0	9,046
Balance at beginning of period (shares) at Dec. 31, 2018					80,515	421,118	0
Increase (Decrease) in Shareholders' Equity
Net earnings	35,125	34,936							34,936			189
Other comprehensive (loss) income	(2,369)	(2,302)								(2,302)		(67)
Stock-based compensation expense	45,473	45,473						45,473
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(27,800)	(27,800)			$ 5			(27,805)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)					5,560
Issuance of common stock to IAC pursuant to the employee matters agreement	(1,765)	(1,765)				$ 1		(1,766)
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)						452
Purchase of treasury stock	(34,157)	(34,157)									(34,157)
Purchase of noncontrolling interests			(71)
Adjustment of redeemable noncontrolling interests to fair value	(4,024)	(4,024)						(4,024)
Other	(19)	(19)						(19)
Balance at end of period at Sep. 30, 2019	1,332,451	1,323,283			$ 86	$ 422	$ 0	1,344,956	16,139	(4,163)	(34,157)	9,168
Balance at end of period (shares) at Sep. 30, 2019					86,075	421,570	0
Balance at beginning of period at Jun. 30, 2019			23,421
Increase (Decrease) in Redeemable Noncontrolling Interests
Net earnings			233
Other comprehensive (loss) income			(365)
Stock-based compensation expense			36
Adjustment of redeemable noncontrolling interests to fair value			(1,255)
Balance at end of period at Sep. 30, 2019	21,999		21,999
Balance at beginning of period at Jun. 30, 2019	1,344,546	1,335,445			$ 86	$ 421	$ 0	1,338,280	(1,860)	(1,482)	0	9,101
Balance at beginning of period (shares) at Jun. 30, 2019					85,803	421,453	0
Increase (Decrease) in Shareholders' Equity
Net earnings	18,091	17,999							17,999			92
Other comprehensive (loss) income	(2,706)	(2,681)								(2,681)		(25)
Stock-based compensation expense	8,748	8,748						8,748
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(2,357)	(2,357)						(2,357)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (shares)					272
Issuance of common stock to IAC pursuant to the employee matters agreement	(970)	(970)		$ 1				(971)
Issuance of common stock to IAC pursuant to the employee matters agreement (shares)						117
Purchase of treasury stock	(34,157)	(34,157)									(34,157)
Purchase of noncontrolling interests			$ (71)
Adjustment of redeemable noncontrolling interests to fair value	1,255	1,255						1,255
Other	1	1						1
Balance at end of period at Sep. 30, 2019	$ 1,332,451	$ 1,323,283			$ 86	$ 422	$ 0	$ 1,344,956	$ 16,139	$ (4,163)	$ (34,157)	$ 9,168
Balance at end of period (shares) at Sep. 30, 2019					86,075	421,570	0

CONSOLIDATED STATEMENT OF SHA_2

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
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 STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net earnings	$ 35,409	$ 40,695
Adjustments to reconcile net earnings to net cash provided by operating activities:
Stock-based compensation expense	45,586	69,433
Amortization of intangibles	42,421	47,695
Bad debt expense	49,294	34,844
Depreciation	27,039	18,170
Deferred income taxes	(8,294)	(2,041)
Other adjustments, net	6,371	(107)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable	(66,596)	(52,021)
Other assets	15,701	(19,040)
Accounts payable and other liabilities	30,609	11,303
Income taxes payable and receivable	1,628	1,402
Deferred revenue	2,916	3,378
Net cash provided by operating activities	182,084	153,711
Cash flows from investing activities:
Acquisition, net of cash acquired	(20,341)
Capital expenditures	(54,801)	(32,886)
Proceeds from maturities of marketable debt securities	25,000
Purchases of marketable debt securities		(34,816)
Net proceeds from the sale of a business	23,615	0
Proceeds from sale of fixed assets		10,412
Other, net	(103)
Net cash used in investing activities	(26,630)	(57,290)
Cash flows from financing activities:
Principal payments on term loan	(10,313)	(10,313)
Principal payments on related party debt	(1,008)	(1,904)
Purchase of treasury stock	33,979	0
Proceeds from the exercise of stock options	573	2,876
Withholding taxes paid on behalf of employees on net settled stock-based awards	(30,039)	(27,206)
Distribution to IAC pursuant to the tax sharing agreement	(11,355)	0
Purchase of noncontrolling interests	(71)	(1,289)
Other, net	(3,732)	39
Net cash used in financing activities	(89,924)	(37,797)
Total cash provided	65,530	58,624
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	387	(223)
Net increase in cash, cash equivalents, and restricted cash	65,917	58,401
Cash, cash equivalents, and restricted cash at beginning of period	338,821	221,521
Cash, cash equivalents, and restricted cash at end of period	$ 404,738	$ 279,922

THE COMPANY AND SUMMARY OF SIGN

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
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 quality home service pros across 500 different categories, from repairing and remodeling to cleaning and landscaping, with consumers. Over 250,000 domestic service professionals find work through ANGI Homeservices, and consumers turn to at least one of our brands to find a pro for more than 20 million projects each year. We’ve established category-transforming products with brands such as HomeAdvisor, Angie’s List, Handy and Fixd Repair. At September 30, 2019 , IAC owned 83.7% and 98.1% of the economic and voting interest, respectively, of ANGI Homeservices. The Company has two operating segments (i) North America (United States and Canada), which includes HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, Fixd Repair and Felix, for periods prior to its sale on December 31, 2018, and (ii) Europe, which includes Travaux, MyHammer, My Builder, Werkspot and Instapro. As used herein, "ANGI Homeservices," the "Company," "ANGI," "we," "our" or "us" and similar terms refer to ANGI Homeservices Inc. and its subsidiaries (unless the context requires otherwise). Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). 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. Intercompany transactions and accounts have been eliminated. For the purpose of these financial statements, income taxes have been computed as if ANGI Homeservices filed on a standalone, separate tax return basis. Any differences between taxes currently payable to or receivable from IAC under the tax sharing agreement between the Company and IAC and the current tax provision computed on an as if standalone, separate return basis for GAAP are reflected as adjustments to additional paid-in capital and as financing activities within the statement of cash flows. In management's opinion, the unaudited interim consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and 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 financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2018. Accounting Estimates Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments and assumptions impact the reported amounts of assets, liabilities, revenue and expenses and the related disclosure of contingent assets and liabilities. Actual results could differ from these estimates. On an ongoing basis, the Company evaluates its estimates and judgments, including those related to: the fair values of cash equivalents and marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts; the determination of revenue reserves; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the recoverability of goodwill and indefinite-lived intangible assets; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets and other factors that the Company considers relevant. General Revenue Recognition Revenue is recognized when control of the promised services or goods is transferred to our customers and in the amount that reflects the consideration the Company expects to be entitled to in exchange for those services or goods. The Company's disaggregated revenue disclosures are presented in " Note 9—Segment Information ." Deferred Revenue Deferred revenue consists of payments that are received or are contractually due in advance of the Company's performance. The Company’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the term of the applicable subscription period or expected completion of our performance obligation is one year or less. The current and non-current deferred revenue balances at December 31, 2018 are $61.4 million and $0.5 million , respectively. During the nine months ended September 30, 2019 , the Company recognized $58.5 million of revenue that was included in the deferred revenue balance as of December 31, 2018. 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 current and non-current deferred revenue balances at September 30, 2019 are $64.8 million and $0.2 million , respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the accompanying consolidated balance sheet. Practical Expedients and Exemptions As permitted under the practical expedient available under ASU No. 2014-09, Revenue from Contracts with Customers, 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. 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. The amount of capitalized sales commissions where the customer relationship period is greater than one year is $40.4 million and $38.8 million at September 30, 2019 and December 31, 2018 , respectively. Recent Accounting Pronouncements Accounting Pronouncement Adopted by the Company Adoption of ASU No. 2016-02, Leases (Topic 842) The Company adopted Accounting Standards Update ("ASU") 2016-02, Leases (Topic 842) ("ASC 842") effective January 1, 2019. ASC 842 superseded previously existing guidance on accounting for leases and generally requires all leases to be recognized in the statement of financial position. The adoption of ASC 842 resulted in the recognition of $69.4 million of right-of-use assets ("ROU assets") and related lease liabilities as of January 1, 2019, with no cumulative effect adjustment. The adoption of ASC 842 had no impact on the Company’s consolidated statement of operations and consolidated statement of cash flows. The Company adopted ASC 842 prospectively and, therefore, did not revise comparative period information or disclosure. In addition, the Company elected the package of practical expedients permitted under ASC 842. See " Note 2—Leases " for additional information on the adoption of ASC 842. Accounting Pronouncement Not Yet Adopted by the Company ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In June 2016, the Financial Accounting Standards Board issued ASU No. 2016-13, which significantly changes how entities will measure credit losses for most financial assets, including accounts receivable. ASU No. 2016-13 will replace today’s “incurred loss” approach with an “expected loss” model, under which companies will recognize allowances based on expected rather than incurred losses. The provisions of ASU No. 2016-13 are effective for reporting periods beginning after December 15, 2019. Upon adoption, ASU No. 2016-13 will be applied using the modified retrospective approach with a cumulative-effect adjustment to retained earnings recognized as of the date of initial application. The adoption of ASU No. 2016-13 is not expected to have a material effect on the Company's consolidated financial statements. Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

LEASES

LEASES	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
LEASES	LEASES The Company leases office space and equipment used in connection with its operations under various operating leases, the majority of which contain escalation clauses. ROU assets represent the Company’s right to use the underlying assets for the lease term and lease liabilities represent the present value of the Company’s obligation to make payments arising from these leases. ROU assets and related lease liabilities are based on the present value of fixed lease payments over the lease term using the Company's incremental borrowing rate on the lease commencement date or January 1, 2019 for leases that commenced prior to that date. The Company combines the lease and non-lease components of lease payments in determining ROU assets and related lease liabilities. If the lease includes one or more options to extend the term of the lease, the renewal option is considered in the lease term if it is reasonably certain the Company will exercise the option(s). Lease expense is recognized on a straight-line basis over the term of the lease. As permitted by ASC 842, leases with an initial term of twelve months or less ("short-term leases") are not recorded on the accompanying consolidated balance sheet. Variable lease payments consist primarily of common area maintenance, utilities and taxes, which are not included in the recognition of ROU assets and related lease liabilities. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Leases Balance Sheet Classification September 30, 2019 (In thousands) Assets: Right-of-use assets Right-of-use assets $ 101,270 Liabilities: Current lease liabilities Accrued expenses and other current liabilities 12,265 Long-term lease liabilities Other long-term liabilities 118,679 Total lease liabilities $ 130,944 Lease Cost Income Statement Classification Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 (In thousands) Fixed lease cost Cost of revenue $ 80 $ 127 Fixed lease cost Selling and marketing expense 2,374 6,804 Fixed lease cost General and administrative expense 1,919 5,967 Fixed lease cost Product development expense 404 986 Total fixed lease cost (a) 4,777 13,884 Variable lease cost Selling and marketing expense 337 1,007 Variable lease cost General and administrative expense 197 528 Variable lease cost Product development expense 54 109 Total variable lease cost 588 1,644 Net lease cost $ 5,365 $ 15,528 ________________________ (a) Includes less than $0.1 million and $0.7 million of short-term lease cost and $0.5 million and $1.0 million of sublease income for the three and nine months ended September 30, 2019 , respectively. Maturities of lease liabilities as of September 30, 2019 (in thousands) (b) : Remainder of 2019 $ 3,307 2020 21,313 2021 22,025 2022 21,032 2023 19,844 After 2023 79,994 Total 167,515 Less: Interest 36,571 Present value of lease liabilities $ 130,944 ________________________ (b) Lease payments exclude $6.0 million of legally binding minimum lease payments for leases signed but not yet commenced. The following are the weighted average assumptions used for lease term and discount rate as of September 30, 2019 : Remaining lease term 7.9 years Discount rate 6.05 % Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 (In thousands) Other Information: Right-of-use assets obtained in exchange for lease liabilities $ 1,633 $ 53,117 Cash paid for amounts included in the measurement of lease liabilities $ 4,139 $ 12,660

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings. In all periods presented, current and deferred income tax provision/benefit have been computed for the Company on an as if standalone, separate return basis and payments to and refunds from IAC for the Company's share of IAC’s consolidated federal and state tax return liabilities/receivables calculated on this basis have been reflected within cash flows from operating activities in the accompanying consolidated statement of cash flows. The tax sharing agreement between the Company and IAC governs the parties’ respective rights, responsibilities and obligations with respect to tax matters, including responsibility for taxes attributable to the Company, entitlement to refunds, allocation of tax attributes and other matters and, therefore, ultimately governs the amount payable to or receivable from IAC with respect to income taxes. Any differences between taxes currently payable to or receivable from IAC under the tax sharing agreement and the current tax provision computed on an as if standalone, separate return basis for GAAP are reflected as adjustments to additional paid-in capital and as financing activities within the statement of cash flows. At the end of each interim period, the Company estimates 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, 2019 , the Company recorded an income tax provision of $4.9 million , which represents an effective income tax rate of 21% . The effective income tax rate approximates the statutory rate of 21% due primarily to unbenefited foreign losses and state taxes, offset by research credits and excess tax benefits generated by the exercise and vesting of stock-based awards. For the nine months ended September 30, 2019 , the Company recorded an income tax benefit, despite pre-tax income, of $7.1 million due primarily to excess tax benefits generated by the exercise and vesting of stock-based awards. 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% . The effective income tax rate 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. 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 July 31, 2020 and the statute of limitations for the years 2013 through 2015 has been extended to December 31, 2020. Returns filed in various other jurisdictions are open to examination for various tax years beginning with 2009. Income taxes payable include unrecognized tax benefits considered sufficient to pay assessments that may result from examination of prior year tax returns. We consider many factors when evaluating and estimating our tax positions and tax benefits, which may not accurately anticipate actual outcomes and, therefore, may require periodic adjustment. Although management currently believes changes in unrecognized tax benefits from period to period and differences between amounts paid, if any, upon resolution of issues raised in audits and amounts previously provided will not have a material impact on liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. At September 30, 2019 and December 31, 2018 , unrecognized tax benefits, including interest, are $3.5 million and $2.4 million , respectively. At September 30, 2019 and December 31, 2018 , $2.7 million and $2.1 million , respectively, was included in unrecognized tax positions for tax positions included in IAC’s consolidated tax return filings. If unrecognized tax benefits at September 30, 2019 are subsequently recognized, the income tax provision would be reduced by $3.4 million . The comparable amount as of December 31, 2018 is $2.4 million . The Company believes that it is reasonably possible that its unrecognized tax benefits could decrease by $1.4 million by September 30, 2020 due to potential settlements, which would reduce the income tax provision. 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, 2019 , the Company has a United States ("U.S.") gross deferred tax asset of $151.4 million that the Company expects to fully utilize on a more likely than not basis. Of this amount, $33.6 million will be utilized upon the future reversal of deferred tax liabilities and the remaining net deferred tax asset of $117.8 million will be utilized based on forecasts of future taxable income.

BUSINESS COMBINATION

BUSINESS COMBINATION	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
BUSINESS COMBINATION	BUSINESS COMBINATION On October 19, 2018 , the Company acquired 100% of Handy Technologies, Inc. ("Handy"), a leading platform in the U.S. for connecting individuals looking for household services. The Company's purchase accounting is substantially complete; there were no material adjustments recorded during the first nine months of 2019 related to purchase accounting, with the exception of the allocation of approximately $27.2 million to pre-acquisition net operating losses, which reduced goodwill by the same amount. Purchase accounting will be finalized in the fourth quarter of 2019. Unaudited pro forma financial information The unaudited pro forma financial information in the table below presents the combined results of the Company and Handy as if this acquisition had occurred on January 1, 2017. The unaudited pro forma financial information includes adjustments required under the acquisition method of accounting and is presented for informational purposes only and is not necessarily indicative of the results that would have been achieved had the acquisition actually occurred on January 1, 2017. Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 (In thousands, except per share data) Revenue $ 310,992 $ 874,884 Net earnings attributable to ANGI Homeservices Inc. shareholders $ 25,787 $ 35,629 Basic earnings per share attributable to ANGI Homeservices Inc. shareholders $ 0.05 $ 0.07 Diluted earnings per share attributable to ANGI Homeservices Inc. shareholders $ 0.05 $ 0.07

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS Marketable Debt Securities The Company did no t hold any available-for sale marketable debt securities at September 30, 2019 . At December 31, 2018 , current available-for-sale marketable debt securities were as follows: Amortized Gross Gross Fair Value (In thousands) Treasury discount notes $ 24,947 $ 1 $ (1 ) $ 24,947 Total available-for-sale marketable debt securities $ 24,947 $ 1 $ (1 ) $ 24,947 For the nine months ended September 30, 2019 , proceeds from maturities of available-for-sale marketable debt securities were $25.0 million . There were no proceeds from maturities of available-for-sale marketable debt securities for the three and nine months ended 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 gross realized gains or losses from the sales of available-for-sale marketable debt securities for the three and nine months ended September 30, 2019 and 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, 2019 Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 102,196 $ — $ — $ 102,196 Treasury discount notes — 174,967 — 174,967 Time deposits — 25,000 — 25,000 Total $ 102,196 $ 199,967 $ — $ 302,163 December 31, 2018 Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 137,359 $ — $ — $ 137,359 Treasury discount notes — 99,914 — 99,914 Commercial paper — 52,931 — 52,931 Time deposits — 15,000 — 15,000 Marketable securities: Treasury discount notes — 24,947 — 24,947 Total $ 137,359 $ 192,792 $ — $ 330,151 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 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, 2019 December 31, 2018 Carrying value Fair value Carrying value Fair value (In thousands) Current portion of long-term debt $ (13,750 ) $ (13,681 ) $ (13,750 ) $ (12,753 ) Long-term debt, net (a) (235,246 ) (236,002 ) (244,971 ) (229,556 ) Long-term debt—related party — — (1,015 ) (1,092 ) _________________ (a) At September 30, 2019 and December 31, 2018 , the carrying value of long-term debt, net includes unamortized debt issuance costs of $1.9 million and $2.5 million , respectively . At September 30, 2019 and December 31, 2018 , 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 was based on Level 3 inputs and was estimated by discounting the future cash flows based on current market conditions.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT At September 30, 2019 and December 31, 2018 , long-term debt consists of: September 30, 2019 December 31, 2018 (In thousands) Term Loan due November 5, 2023 $ 250,938 $ 261,250 Less: current portion of Term Loan 13,750 13,750 Less: unamortized debt issuance costs 1,942 2,529 Total long-term debt, net $ 235,246 $ 244,971 See " Note 12—Related Party Transactions with IAC " for a description of long-term debt—related party. Term Loan and Credit Facility At September 30, 2019 and December 31, 2018 , the outstanding balance of the term loan ("Term Loan") was $250.9 million and $261.3 million , respectively. At both September 30, 2019 and December 31, 2018 , the Term Loan bears interest at LIBOR plus 1.50% . The spread over LIBOR is subject to change in future periods based on the Company's consolidated net leverage ratio. The interest rate was 3.53% and 3.98% at September 30, 2019 and December 31, 2018 , respectively. Interest payments are due at least quarterly through the term of the loan. Additionally, there are quarterly principal payments of $3.4 million through December 31, 2021, $6.9 million for the one-year period ending December 31, 2022 and $10.3 million through maturity of the loan when the final amount of $161.6 million is due. The Term Loan requires the Company to maintain a consolidated net leverage ratio of not more than 4.5 to 1.0 and a minimum interest coverage ratio of not less than 2.0 to 1.0 (in each case as defined in the credit agreement). The Term Loan also contains covenants that would limit the Company's ability to pay dividends, make distributions or repurchase its stock in the event a default has occurred or its consolidated net leverage ratio exceeds 4.25 to 1.0. There are additional covenants under the Term Loan that limit the ability of the Company and its subsidiaries to, among other things, incur indebtedness, pay dividends or make distributions. On November 5, 2018, the Company entered into a five -year $250 million revolving credit facility (the "Credit Facility"). At September 30, 2019 and December 31, 2018 , there were no outstanding borrowings under the Credit Facility. The annual commitment fee on undrawn funds is based on the consolidated net leverage ratio most recently reported and is 25 basis points at both September 30, 2019 and December 31, 2018 . Borrowings under the Credit Facility bear interest, at the Company's option, at either a base rate or LIBOR, in each case plus an applicable margin, which is based on the Company's consolidated net leverage ratio. The financial and other covenants are the same as those for the Term Loan. The Term Loan and Credit Facility are guaranteed by the Company's wholly-owned material domestic subsidiaries and are secured by substantially all assets of the Company and the guarantors, subject to certain exceptions.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following tables present the components of accumulated other comprehensive (loss) income and items reclassified out of accumulated other comprehensive (loss) income into earnings: Three Months Ended September 30, 2019 Foreign Accumulated (In thousands) Balance at July 1 $ (1,482 ) $ (1,482 ) Other comprehensive loss (2,681 ) (2,681 ) Balance at September 30 $ (4,163 ) $ (4,163 ) 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 Nine Months Ended September 30, 2019 Foreign Unrealized Gains (Losses) On Available-For-Sale Debt Securities Accumulated (In thousands) Balance at January 1 $ (1,864 ) $ 3 $ (1,861 ) Other comprehensive loss (2,299 ) (3 ) (2,302 ) Balance at September 30 $ (4,163 ) $ — $ (4,163 ) 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 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 both September 30, 2019 and 2018 , there was no tax benefit or provision on the accumulated other comprehensive (loss) income.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share attributable to ANGI Homeservices shareholders: Three Months Ended September 30, 2019 2018 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings $ 18,324 $ 18,324 $ 26,786 $ 26,786 Net earnings attributable to noncontrolling interests (325 ) (325 ) (169 ) (169 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 17,999 $ 17,999 $ 26,617 $ 26,617 Denominator: Weighted average basic shares outstanding 505,836 505,836 481,570 481,570 Dilutive securities (a) (b) — 6,241 — 39,269 Denominator for earnings per share—weighted average shares 505,836 512,077 481,570 520,839 Earnings per share attributable to ANGI Homeservices Inc. shareholders: Earnings per share $ 0.04 $ 0.04 $ 0.06 $ 0.05 Nine Months Ended September 30, 2019 2018 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings $ 35,409 $ 35,409 $ 40,695 $ 40,695 Net earnings attributable to noncontrolling interests (473 ) (473 ) (64 ) (64 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 34,936 $ 34,936 $ 40,631 $ 40,631 Denominator: Weighted average basic shares outstanding 505,661 505,661 480,178 480,178 Dilutive securities (a) (b) — 12,955 — 31,452 Denominator for earnings per share—weighted average shares 505,661 518,616 480,178 511,630 Earnings per share attributable to ANGI Homeservices Inc. shareholders: Earnings per share $ 0.07 $ 0.07 $ 0.08 $ 0.08 ________________________ (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. For the three and nine months ended September 30, 2019 , 6.4 million and 6.0 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2018, 0.2 million and 0.3 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (b) Performance-based stock units ("PSUs") and market-based awards are considered contingently issuable shares. Shares issuable upon exercise or vesting of PSUs and market-based awards are included in the denominator for earnings per share if (i) the applicable performance or market condition(s) has been met and (ii) the inclusion of the PSUs and market-based awards is dilutive for the respective reporting periods. For both three and nine months ended September 30, 2019 , 4.8 million shares underlying PSUs and market-based awards were excluded from the calculation of diluted earnings per share because the performance or market conditions had not been met. 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 conditions had not been met.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The overall concept that the Company 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, 2019 2018 2019 2018 (In thousands) Revenue: North America $ 339,144 $ 286,594 $ 945,538 $ 800,125 Europe 18,214 16,522 59,159 53,124 Total $ 357,358 $ 303,116 $ 1,004,697 $ 853,249 The following table presents the revenue of the Company's segments disaggregated by type of service: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) North America Marketplace: Consumer connection revenue (a) $ 252,552 $ 195,065 $ 695,370 $ 531,297 Membership subscription revenue 16,237 17,034 49,239 49,226 Other revenue 1,727 950 5,360 2,869 Total Marketplace revenue 270,516 213,049 749,969 583,392 Advertising & Other revenue (b) 68,628 73,545 195,569 216,733 Total North America revenue 339,144 286,594 945,538 800,125 Europe Consumer connection revenue 14,125 12,022 46,480 38,885 Membership subscription revenue 3,465 4,217 10,820 13,405 Advertising and other revenue 624 283 1,859 834 Total Europe revenue 18,214 16,522 59,159 53,124 Total revenue $ 357,358 $ 303,116 $ 1,004,697 $ 853,249 ________________________ (a) Includes fees paid by service professionals for consumer matches and revenue from completed jobs sourced through the HomeAdvisor and Handy platforms. (b) Includes Angie's List revenue from service professionals under contract for advertising and Angie's List membership subscription fees from consumers, as well as revenue from mHelpDesk, HomeStars, Fixd Repair and Felix. Felix was sold on December 31, 2018 and its revenue for the three and nine months ended September 30, 2018 was $10.2 million and $28.7 million , respectively. Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below. Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Revenue United States $ 335,230 $ 283,672 $ 934,409 $ 791,932 All other countries 22,128 19,444 70,288 61,317 Total $ 357,358 $ 303,116 $ 1,004,697 $ 853,249 September 30, 2019 December 31, 2018 (In thousands) Long-lived assets (excluding goodwill and intangible assets) United States $ 95,466 $ 65,510 All other countries 6,506 5,349 Total $ 101,972 $ 70,859 The following tables present operating income (loss) and Adjusted EBTIDA by reportable segment: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Operating Income (Loss): North America $ 27,194 $ 36,117 $ 40,409 $ 56,862 Europe (2,468 ) (2,602 ) (7,921 ) (10,841 ) Total $ 24,726 $ 33,515 $ 32,488 $ 46,021 Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Adjusted EBITDA (c) : North America $ 60,509 $ 78,613 $ 151,804 $ 186,306 Europe $ (1,586 ) $ (913 ) $ (4,270 ) $ (4,987 ) ________________________ (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 because it excludes the impact of these expenses. The following tables reconcile operating income (loss) to Adjusted EBITDA for the Company’s reportable segments: Three Months Ended September 30, 2019 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 27,194 $ 8,648 $ 10,690 $ 13,977 $ 60,509 Europe (2,468 ) $ 136 $ 554 $ 192 $ (1,586 ) Operating income 24,726 Interest expense—third party (3,007 ) Interest expense—related party — Other income, net 1,505 Earnings before income taxes 23,224 Income tax provision (4,900 ) Net earnings 18,324 Net earnings attributable to noncontrolling interests (325 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 17,999 Three Months Ended September 30, 2018 Operating 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 Nine Months Ended September 30, 2019 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 40,409 $ 45,107 $ 25,124 $ 41,164 $ 151,804 Europe (7,921 ) $ 479 $ 1,915 $ 1,257 $ (4,270 ) Operating income 32,488 Interest expense—third party (8,964 ) Interest expense—related party (16 ) Other income, net 4,839 Earnings before income taxes 28,347 Income tax benefit 7,062 Net earnings 35,409 Net earnings attributable to noncontrolling interests (473 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 34,936 Nine Months Ended September 30, 2018 Operating 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 earnings attributable to noncontrolling interests (64 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 40,631

CONSOLIDATED FINANCIAL STATEMEN

CONSOLIDATED FINANCIAL STATEMENT DETAILS	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
CONSOLIDATED FINANCIAL STATEMENT DETAILS	CONSOLIDATED FINANCIAL STATEMENT DETAILS 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, 2019 December 31, 2018 September 30, 2018 December 31, 2017 (In thousands) Cash and cash equivalents $ 402,914 $ 336,984 $ 279,489 $ 221,521 Restricted cash included in other current assets 1,421 1,417 — — Restricted cash included in other non-current assets 403 420 433 — Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 404,738 $ 338,821 $ 279,922 $ 221,521 Restricted cash at September 30, 2019 and December 31, 2018 primarily consists of a cash collateralized letter of credit and a deposit related to corporate credit cards. Other income, net Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Other income, net $1,505 $1,566 $4,839 $2,975 For the three months ended September 30, 2019 and 2018 Other income, net in 2019 principally includes third party interest income of $2.1 million and net foreign currency exchange gains of $0.3 million , partially offset by a $0.9 million mark-to-market charge for an indemnification claim related to the Handy acquisition that will be settled in ANGI shares held in escrow. Other income, net in 2018 principally includes third party interest income of $1.3 million and net foreign currency exchange gains of $0.2 million . For the nine months ended September 30, 2019 and 2018 Other income, net in 2019 principally includes third party interest income of $6.4 million and net foreign currency exchange gains of $0.6 million , partially offset by a $2.0 million mark-to-market charge for an indemnification claim related to the Handy acquisition that will be settled in ANGI shares held in escrow. Other income, net in 2018 principally includes third party interest income of $2.9 million .

CONTINGENCIES

CONTINGENCIES	9 Months Ended
	Sep. 30, 2019
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, 2019
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS WITH IAC	RELATED PARTY TRANSACTIONS WITH IAC The Company and IAC entered into certain agreements to govern our relationship following the combination of IAC's HomeAdvisor business and Angie's List, Inc. on September 29, 2017 (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, 2019 and 2018 , the Company was charged $1.0 million and $3.7 million ; and $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, 2019 and 2018 , respectively. At December 31, 2018 , the Company had an outstanding receivable due from IAC of $0.1 million , pursuant to the services agreement. This amount was deducted from the charges due to IAC pursuant to the services agreement discussed above during the first quarter of 2019. At September 30, 2019 and December 31, 2018 , the Company had outstanding payables of $0.7 million and $12.1 million due to IAC pursuant to the tax sharing agreement, which is included in "Accrued expenses and other current liabilities" in the accompanying consolidated balance sheet. During the first quarter of 2019, $11.4 million was paid to IAC pursuant to this agreement. For the three and nine months ended September 30, 2019 , 0.1 million and 0.5 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 , 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. The Company subleases office space to IAC and charged IAC $0.5 million and $1.0 million of rent for the three and nine months ended September 30, 2019 , respectively. There was an outstanding receivable of less than $0.1 million due from IAC at September 30, 2019 pursuant to sublease agreements. 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. During the first quarter of 2019, the amount outstanding on the promissory note at December 31, 2018 of €0.9 million , or $1.0 million , was repaid.

THE COMPANY AND SUMMARY OF SI_2

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations ANGI Homeservices Inc. connects quality home service pros across 500 different categories, from repairing and remodeling to cleaning and landscaping, with consumers. Over 250,000 domestic service professionals find work through ANGI Homeservices, and consumers turn to at least one of our brands to find a pro for more than 20 million projects each year. We’ve established category-transforming products with brands such as HomeAdvisor, Angie’s List, Handy and Fixd Repair. At September 30, 2019 , IAC owned 83.7% and 98.1% of the economic and voting interest, respectively, of ANGI Homeservices. The Company has two operating segments (i) North America (United States and Canada), which includes HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, Fixd Repair and Felix, for periods prior to its sale on December 31, 2018, and (ii) Europe, which includes Travaux, MyHammer, My Builder, Werkspot and Instapro. As used herein, "ANGI Homeservices," the "Company," "ANGI," "we," "our" or "us" and similar terms refer to ANGI Homeservices Inc. and its subsidiaries (unless the context requires otherwise).
Basis of Presentation	Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). 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. Intercompany transactions and accounts have been eliminated.
Basis of Consolidation	Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). 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. Intercompany transactions and accounts have been eliminated.
Accounting Estimates	Accounting Estimates Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments and assumptions impact the reported amounts of assets, liabilities, revenue and expenses and the related disclosure of contingent assets and liabilities. Actual results could differ from these estimates. On an ongoing basis, the Company evaluates its estimates and judgments, including those related to: the fair values of cash equivalents and marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts; the determination of revenue reserves; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the recoverability of goodwill and indefinite-lived intangible assets; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets and other factors that the Company considers relevant.
General Revenue Recognition	General Revenue Recognition Revenue is recognized when control of the promised services or goods is transferred to our customers and in the amount that reflects the consideration the Company expects to be entitled to in exchange for those services or goods. The Company's disaggregated revenue disclosures are presented in " Note 9—Segment Information ." Deferred Revenue Deferred revenue consists of payments that are received or are contractually due in advance of the Company's performance. The Company’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the term of the applicable subscription period or expected completion of our performance obligation is one year or less. The current and non-current deferred revenue balances at December 31, 2018 are $61.4 million and $0.5 million , respectively. During the nine months ended September 30, 2019 , the Company recognized $58.5 million of revenue that was included in the deferred revenue balance as of December 31, 2018. 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 current and non-current deferred revenue balances at September 30, 2019 are $64.8 million and $0.2 million , respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the accompanying consolidated balance sheet. Practical Expedients and Exemptions As permitted under the practical expedient available under ASU No. 2014-09, Revenue from Contracts with Customers, 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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Pronouncement Adopted by the Company Adoption of ASU No. 2016-02, Leases (Topic 842) The Company adopted Accounting Standards Update ("ASU") 2016-02, Leases (Topic 842) ("ASC 842") effective January 1, 2019. ASC 842 superseded previously existing guidance on accounting for leases and generally requires all leases to be recognized in the statement of financial position. The adoption of ASC 842 resulted in the recognition of $69.4 million of right-of-use assets ("ROU assets") and related lease liabilities as of January 1, 2019, with no cumulative effect adjustment. The adoption of ASC 842 had no impact on the Company’s consolidated statement of operations and consolidated statement of cash flows. The Company adopted ASC 842 prospectively and, therefore, did not revise comparative period information or disclosure. In addition, the Company elected the package of practical expedients permitted under ASC 842. See " Note 2—Leases " for additional information on the adoption of ASC 842. Accounting Pronouncement Not Yet Adopted by the Company ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In June 2016, the Financial Accounting Standards Board issued ASU No. 2016-13, which significantly changes how entities will measure credit losses for most financial assets, including accounts receivable. ASU No. 2016-13 will replace today’s “incurred loss” approach with an “expected loss” model, under which companies will recognize allowances based on expected rather than incurred losses. The provisions of ASU No. 2016-13 are effective for reporting periods beginning after December 15, 2019. Upon adoption, ASU No. 2016-13 will be applied using the modified retrospective approach with a cumulative-effect adjustment to retained earnings recognized as of the date of initial application. The adoption of ASU No. 2016-13 is not expected to have a material effect on the Company's consolidated financial statements.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Schedule of Supplemental Balance Sheet Information of Leases	Leases Balance Sheet Classification September 30, 2019 (In thousands) Assets: Right-of-use assets Right-of-use assets $ 101,270 Liabilities: Current lease liabilities Accrued expenses and other current liabilities 12,265 Long-term lease liabilities Other long-term liabilities 118,679 Total lease liabilities $ 130,944
Schedule of Lease Cost and Other Information	Lease Cost Income Statement Classification Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 (In thousands) Fixed lease cost Cost of revenue $ 80 $ 127 Fixed lease cost Selling and marketing expense 2,374 6,804 Fixed lease cost General and administrative expense 1,919 5,967 Fixed lease cost Product development expense 404 986 Total fixed lease cost (a) 4,777 13,884 Variable lease cost Selling and marketing expense 337 1,007 Variable lease cost General and administrative expense 197 528 Variable lease cost Product development expense 54 109 Total variable lease cost 588 1,644 Net lease cost $ 5,365 $ 15,528 ________________________ (a) Includes less than $0.1 million and $0.7 million of short-term lease cost and $0.5 million and $1.0 million of sublease income for the three and nine months ended September 30, 2019 , respectively. Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 (In thousands) Other Information: Right-of-use assets obtained in exchange for lease liabilities $ 1,633 $ 53,117 Cash paid for amounts included in the measurement of lease liabilities $ 4,139 $ 12,660
Schedule of Maturities of Operating Lease Liabilities	Maturities of lease liabilities as of September 30, 2019 (in thousands) (b) : Remainder of 2019 $ 3,307 2020 21,313 2021 22,025 2022 21,032 2023 19,844 After 2023 79,994 Total 167,515 Less: Interest 36,571 Present value of lease liabilities $ 130,944 ________________________ (b) Lease payments exclude $6.0 million of legally binding minimum lease payments for leases signed but not yet commenced.
Schedule of Weighted-Average Lease Term and Discount Rate of Leases	The following are the weighted average assumptions used for lease term and discount rate as of September 30, 2019 : Remaining lease term 7.9 years Discount rate 6.05 %

BUSINESS COMBINATION (Tables)

BUSINESS COMBINATION (Tables)	9 Months Ended
	Sep. 30, 2019
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 Handy as if this acquisition had occurred on January 1, 2017. The unaudited pro forma financial information includes adjustments required under the acquisition method of accounting and is presented for informational purposes only and is not necessarily indicative of the results that would have been achieved had the acquisition actually occurred on January 1, 2017. Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 (In thousands, except per share data) Revenue $ 310,992 $ 874,884 Net earnings attributable to ANGI Homeservices Inc. shareholders $ 25,787 $ 35,629 Basic earnings per share attributable to ANGI Homeservices Inc. shareholders $ 0.05 $ 0.07 Diluted earnings per share attributable to ANGI Homeservices Inc. shareholders $ 0.05 $ 0.07

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Current Available-for-sale Marketable Securities	At December 31, 2018 , current available-for-sale marketable debt securities were as follows: Amortized Gross Gross Fair Value (In thousands) Treasury discount notes $ 24,947 $ 1 $ (1 ) $ 24,947 Total available-for-sale marketable debt securities $ 24,947 $ 1 $ (1 ) $ 24,947
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: September 30, 2019 Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 102,196 $ — $ — $ 102,196 Treasury discount notes — 174,967 — 174,967 Time deposits — 25,000 — 25,000 Total $ 102,196 $ 199,967 $ — $ 302,163 December 31, 2018 Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 137,359 $ — $ — $ 137,359 Treasury discount notes — 99,914 — 99,914 Commercial paper — 52,931 — 52,931 Time deposits — 15,000 — 15,000 Marketable securities: Treasury discount notes — 24,947 — 24,947 Total $ 137,359 $ 192,792 $ — $ 330,151
Schedule of Carrying Value and Fair Value of Financial Instruments	The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes: September 30, 2019 December 31, 2018 Carrying value Fair value Carrying value Fair value (In thousands) Current portion of long-term debt $ (13,750 ) $ (13,681 ) $ (13,750 ) $ (12,753 ) Long-term debt, net (a) (235,246 ) (236,002 ) (244,971 ) (229,556 ) Long-term debt—related party — — (1,015 ) (1,092 ) _________________ (a) At September 30, 2019 and December 31, 2018 , the carrying value of long-term debt, net includes unamortized debt issuance costs of $1.9 million and $2.5 million , respectively .

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt	At September 30, 2019 and December 31, 2018 , long-term debt consists of: September 30, 2019 December 31, 2018 (In thousands) Term Loan due November 5, 2023 $ 250,938 $ 261,250 Less: current portion of Term Loan 13,750 13,750 Less: unamortized debt issuance costs 1,942 2,529 Total long-term debt, net $ 235,246 $ 244,971

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Schedule of Accumulated Other Comprehensive (Loss) Income	The following tables present the components of accumulated other comprehensive (loss) income and items reclassified out of accumulated other comprehensive (loss) income into earnings: Three Months Ended September 30, 2019 Foreign Accumulated (In thousands) Balance at July 1 $ (1,482 ) $ (1,482 ) Other comprehensive loss (2,681 ) (2,681 ) Balance at September 30 $ (4,163 ) $ (4,163 ) 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 Nine Months Ended September 30, 2019 Foreign Unrealized Gains (Losses) On Available-For-Sale Debt Securities Accumulated (In thousands) Balance at January 1 $ (1,864 ) $ 3 $ (1,861 ) Other comprehensive loss (2,299 ) (3 ) (2,302 ) Balance at September 30 $ (4,163 ) $ — $ (4,163 ) 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

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings per Share	The following table sets forth the computation of basic and diluted earnings per share attributable to ANGI Homeservices shareholders: Three Months Ended September 30, 2019 2018 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings $ 18,324 $ 18,324 $ 26,786 $ 26,786 Net earnings attributable to noncontrolling interests (325 ) (325 ) (169 ) (169 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 17,999 $ 17,999 $ 26,617 $ 26,617 Denominator: Weighted average basic shares outstanding 505,836 505,836 481,570 481,570 Dilutive securities (a) (b) — 6,241 — 39,269 Denominator for earnings per share—weighted average shares 505,836 512,077 481,570 520,839 Earnings per share attributable to ANGI Homeservices Inc. shareholders: Earnings per share $ 0.04 $ 0.04 $ 0.06 $ 0.05 Nine Months Ended September 30, 2019 2018 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net earnings $ 35,409 $ 35,409 $ 40,695 $ 40,695 Net earnings attributable to noncontrolling interests (473 ) (473 ) (64 ) (64 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 34,936 $ 34,936 $ 40,631 $ 40,631 Denominator: Weighted average basic shares outstanding 505,661 505,661 480,178 480,178 Dilutive securities (a) (b) — 12,955 — 31,452 Denominator for earnings per share—weighted average shares 505,661 518,616 480,178 511,630 Earnings per share attributable to ANGI Homeservices Inc. shareholders: Earnings per share $ 0.07 $ 0.07 $ 0.08 $ 0.08 ________________________ (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. For the three and nine months ended September 30, 2019 , 6.4 million and 6.0 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2018, 0.2 million and 0.3 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (b) Performance-based stock units ("PSUs") and market-based awards are considered contingently issuable shares. Shares issuable upon exercise or vesting of PSUs and market-based awards are included in the denominator for earnings per share if (i) the applicable performance or market condition(s) has been met and (ii) the inclusion of the PSUs and market-based awards is dilutive for the respective reporting periods. For both three and nine months ended September 30, 2019 , 4.8 million shares underlying PSUs and market-based awards were excluded from the calculation of diluted earnings per share because the performance or market conditions had not been met. 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 conditions had not been met.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 2018 2019 2018 (In thousands) Revenue: North America $ 339,144 $ 286,594 $ 945,538 $ 800,125 Europe 18,214 16,522 59,159 53,124 Total $ 357,358 $ 303,116 $ 1,004,697 $ 853,249 The following table presents the revenue of the Company's segments disaggregated by type of service: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) North America Marketplace: Consumer connection revenue (a) $ 252,552 $ 195,065 $ 695,370 $ 531,297 Membership subscription revenue 16,237 17,034 49,239 49,226 Other revenue 1,727 950 5,360 2,869 Total Marketplace revenue 270,516 213,049 749,969 583,392 Advertising & Other revenue (b) 68,628 73,545 195,569 216,733 Total North America revenue 339,144 286,594 945,538 800,125 Europe Consumer connection revenue 14,125 12,022 46,480 38,885 Membership subscription revenue 3,465 4,217 10,820 13,405 Advertising and other revenue 624 283 1,859 834 Total Europe revenue 18,214 16,522 59,159 53,124 Total revenue $ 357,358 $ 303,116 $ 1,004,697 $ 853,249 ________________________ (a) Includes fees paid by service professionals for consumer matches and revenue from completed jobs sourced through the HomeAdvisor and Handy platforms. (b) Includes Angie's List revenue from service professionals under contract for advertising and Angie's List membership subscription fees from consumers, as well as revenue from mHelpDesk, HomeStars, Fixd Repair and Felix. Felix was sold on December 31, 2018 and its revenue for the three and nine months ended September 30, 2018 was $10.2 million and $28.7 million , respectively.
Schedule of Revenue from External Customers by Geographic Areas	Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below. Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Revenue United States $ 335,230 $ 283,672 $ 934,409 $ 791,932 All other countries 22,128 19,444 70,288 61,317 Total $ 357,358 $ 303,116 $ 1,004,697 $ 853,249
Schedule of Revenue and Long-lived Assets by Geographic Areas	September 30, 2019 December 31, 2018 (In thousands) Long-lived assets (excluding goodwill and intangible assets) United States $ 95,466 $ 65,510 All other countries 6,506 5,349 Total $ 101,972 $ 70,859
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, 2019 2018 2019 2018 (In thousands) Operating Income (Loss): North America $ 27,194 $ 36,117 $ 40,409 $ 56,862 Europe (2,468 ) (2,602 ) (7,921 ) (10,841 ) Total $ 24,726 $ 33,515 $ 32,488 $ 46,021 Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Adjusted EBITDA (c) : North America $ 60,509 $ 78,613 $ 151,804 $ 186,306 Europe $ (1,586 ) $ (913 ) $ (4,270 ) $ (4,987 ) ________________________ (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 because it excludes the impact of these expenses.
Schedule of Reconciliation of Operating Income to Adjusted EBITDA	The following tables reconcile operating income (loss) to Adjusted EBITDA for the Company’s reportable segments: Three Months Ended September 30, 2019 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 27,194 $ 8,648 $ 10,690 $ 13,977 $ 60,509 Europe (2,468 ) $ 136 $ 554 $ 192 $ (1,586 ) Operating income 24,726 Interest expense—third party (3,007 ) Interest expense—related party — Other income, net 1,505 Earnings before income taxes 23,224 Income tax provision (4,900 ) Net earnings 18,324 Net earnings attributable to noncontrolling interests (325 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 17,999 Three Months Ended September 30, 2018 Operating 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 Nine Months Ended September 30, 2019 Operating Stock-based Depreciation Amortization Adjusted (In thousands) North America $ 40,409 $ 45,107 $ 25,124 $ 41,164 $ 151,804 Europe (7,921 ) $ 479 $ 1,915 $ 1,257 $ (4,270 ) Operating income 32,488 Interest expense—third party (8,964 ) Interest expense—related party (16 ) Other income, net 4,839 Earnings before income taxes 28,347 Income tax benefit 7,062 Net earnings 35,409 Net earnings attributable to noncontrolling interests (473 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 34,936 Nine Months Ended September 30, 2018 Operating 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 earnings attributable to noncontrolling interests (64 ) Net earnings attributable to ANGI Homeservices Inc. shareholders $ 40,631

CONSOLIDATED FINANCIAL STATEM_2

CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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, 2019 December 31, 2018 September 30, 2018 December 31, 2017 (In thousands) Cash and cash equivalents $ 402,914 $ 336,984 $ 279,489 $ 221,521 Restricted cash included in other current assets 1,421 1,417 — — Restricted cash included in other non-current assets 403 420 433 — Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 404,738 $ 338,821 $ 279,922 $ 221,521
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, 2019 December 31, 2018 September 30, 2018 December 31, 2017 (In thousands) Cash and cash equivalents $ 402,914 $ 336,984 $ 279,489 $ 221,521 Restricted cash included in other current assets 1,421 1,417 — — Restricted cash included in other non-current assets 403 420 433 — Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 404,738 $ 338,821 $ 279,922 $ 221,521
Schedule of Other Income, Net	Other income, net Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (In thousands) Other income, net $1,505 $1,566 $4,839 $2,975

THE COMPANY AND SUMMARY OF SI_3

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) service_professional in Thousands, $ in Thousands, project in Millions	9 Months Ended
	Sep. 30, 2019USD ($)operating_segmentservice_professionalprojectservice_category	Sep. 30, 2018USD ($)	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)
Noncontrolling Interest [Line Items]
Number of service categories | service_category	500
Number of service professionals (over) | service_professional	250
Number of projects (more than) | project	20
Number of operating segments | operating_segment	2
Current deferred revenue	$ 64,832			$ 61,417
Noncurrent deferred revenue	200			500
Deferred revenue recognized during period	58,500	$ 58,000
Noncurrent capitalized sales commissions	40,400			$ 38,800
ROU assets	101,270
Related lease liability	$ 130,944
Accounting Standards Update 2016-02
Noncontrolling Interest [Line Items]
ROU assets			$ 69,400
Related lease liability			$ 69,400
ANGI Homeservices | Class B Common Stock | IAC
Noncontrolling Interest [Line Items]
Economic interest (as a percent)	83.70%
Voting interest (as a percent)	98.10%

LEASES - Balance Sheet Informat

LEASES - Balance Sheet Information (Details) $ in Thousands	Sep. 30, 2019USD ($)
Assets:
Right-of-use assets	$ 101,270
Liabilities:
Current lease liabilities	12,265
Long-term lease liabilities	118,679
Total lease liabilities	$ 130,944

LEASES - Lease Cost (Details)

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Lessee, Lease, Description [Line Items]
Fixed lease cost	$ 4,777	$ 13,884
Variable lease cost	588	1,644
Net lease cost	5,365	15,528
Short-term lease cost	100	700
Sublease income	500	1,000
Cost of revenue
Lessee, Lease, Description [Line Items]
Fixed lease cost	80	127
Selling and marketing expense
Lessee, Lease, Description [Line Items]
Fixed lease cost	2,374	6,804
Variable lease cost	337	1,007
General and administrative expense
Lessee, Lease, Description [Line Items]
Fixed lease cost	1,919	5,967
Variable lease cost	197	528
Product development expense
Lessee, Lease, Description [Line Items]
Fixed lease cost	404	986
Variable lease cost	$ 54	$ 109

LEASES - Operating Lease Liabil

LEASES - Operating Lease Liabilities Maturities (Details) $ in Thousands	Sep. 30, 2019USD ($)
Leases [Abstract]
Remainder of 2019	$ 3,307
2020	21,313
2021	22,025
2022	21,032
2023	19,844
After 2023	79,994
Total	167,515
Less: Interest	36,571
Present value of lease liabilities	130,944
Legally binding minimum lease payments for leases signed but not yet commenced	$ 6,000

LEASES - Weighted-Average Remai

LEASES - Weighted-Average Remaining Term and Discount Rate (Details)	Sep. 30, 2019
Leases [Abstract]
Remaining lease term	7 years 10 months 24 days
Discount rate (as a percent)	6.05%

LEASES - Other Information (Det

LEASES - Other Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Other Information:
Right-of-use assets obtained in exchange for lease liabilities	$ 1,633	$ 53,117
Cash paid for amounts included in the measurement of lease liabilities	$ 4,139	$ 12,660

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Income Tax Examination [Line Items]
Income tax provision (benefit)	$ 4,900	$ 5,140	$ (7,062)	$ (598)
Effective income tax rate (as a percent)		(16.00%)
Unrecognized tax benefits, including interest	3,500		3,500		$ 2,400
Unrecognized tax benefits that if subsequently recognized would reduce income tax expense	3,400		3,400		2,400
Reasonably possible decrease in unrecognized tax benefit due to potential settlements	1,400		1,400
Federal and State Tax Credits
Income Tax Examination [Line Items]
Gross deferred tax asset	151,400		151,400
Portion of deferred tax assets that will be utilized upon future reversal of deferred tax liabilities	33,600		33,600
Portion of deferred tax assets that will be utilized based on forecasts of future taxable income	117,800		117,800
IAC
Income Tax Examination [Line Items]
Unrecognized tax benefits, including interest	$ 2,700		$ 2,700		$ 2,100

BUSINESS COMBINATION - Narrativ

BUSINESS COMBINATION - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Oct. 19, 2018
Business Acquisition
Adjustment to pre-acquisition net operating losses	$ 27.2
Adjustment to goodwill	$ (27.2)
Handy
Business Acquisition
Interest acquired (as a percent)		100.00%

BUSINESS COMBINATION - Pro Form

BUSINESS COMBINATION - Pro Forma Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Business Acquisition, Pro Forma Information [Abstract]
Revenue	$ 310,992	$ 874,884
Net earnings attributable to ANGI Homeservices Inc. shareholders	$ 25,787	$ 35,629
Basic loss per share attributable to ANGI Homeservices Inc. shareholders (USD per share)	$ 0.05	$ 0.07
Diluted loss per share attributable to ANGI Homeservices Inc. shareholders (USD per share)	$ 0.05	$ 0.07

FINANCIAL INSTRUMENTS - Narrati

FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Available-for-sale marketable debt securities	$ 0	$ 0	$ 24,947,000
Proceeds from maturities of available-for-sale marketable debt securities		25,000,000
Gross realized gains	0	0
Gross realized losses	$ 0	$ 0

FINANCIAL INSTRUMENTS - Fair Va

FINANCIAL INSTRUMENTS - Fair Value of Marketable Securities (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		$ 24,947,000
Gross Unrealized Gains		1,000
Gross Unrealized Losses		(1,000)
Fair Value	$ 0	24,947,000
Treasury discount notes
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		24,947,000
Gross Unrealized Gains		1,000
Gross Unrealized Losses		(1,000)
Fair Value		$ 24,947,000

FINANCIAL INSTRUMENTS - Assets

FINANCIAL INSTRUMENTS - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Assets:
Cash equivalents	$ 302,163,000
Marketable securities	0	$ 24,947,000
Total		330,151,000
Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	102,196,000
Total		137,359,000
Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	199,967,000
Total		192,792,000
Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0
Total		0
Treasury discount notes
Assets:
Marketable securities		24,947,000
Treasury discount notes | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Marketable securities		0
Treasury discount notes | Significant Other Observable Inputs (Level 2)
Assets:
Marketable securities		24,947,000
Treasury discount notes | Significant Unobservable Inputs (Level 3)
Assets:
Marketable securities		0
Money market funds
Assets:
Cash equivalents	102,196,000	137,359,000
Money market funds | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	102,196,000	137,359,000
Money market funds | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	0	0
Money market funds | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0	0
Treasury discount notes
Assets:
Cash equivalents	174,967,000	99,914,000
Treasury discount notes | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	0	0
Treasury discount notes | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	174,967,000	99,914,000
Treasury discount notes | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0	0
Commercial paper
Assets:
Cash equivalents		52,931,000
Commercial paper | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents		0
Commercial paper | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		52,931,000
Commercial paper | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		0
Time deposits
Assets:
Cash equivalents	25,000,000	15,000,000
Time deposits | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash equivalents	0	0
Time deposits | Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	25,000,000	15,000,000
Time deposits | Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	$ 0	$ 0

FINANCIAL INSTRUMENTS - Carryin

FINANCIAL INSTRUMENTS - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt—related party	$ 0	$ (1,015)
Carrying value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long-term debt	(13,750)	(13,750)
Long-term debt, net	(235,246)	(244,971)
Long-term debt—related party	0	(1,015)
Unamortized debt issuance costs	1,900	2,500
Fair value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Current portion of long-term debt	(13,681)	(12,753)
Long-term debt, net	(236,002)	(229,556)
Long-term debt—related party	$ 0	$ (1,092)

LONG-TERM DEBT - Summary (Detai

LONG-TERM DEBT - Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Disclosure [Abstract]
Term Loan due November 5, 2023	$ 250,938	$ 261,250
Less: current portion of Term Loan	13,750	13,750
Less: unamortized debt issuance costs	1,942	2,529
Total long-term debt, net	$ 235,246	$ 244,971

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)	Nov. 05, 2018USD ($)	Sep. 30, 2019USD ($)	Nov. 05, 2023USD ($)	Dec. 31, 2022USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2021USD ($)
Term Loan | Term Loan
Debt Instrument
Term of debt instrument		5 years
Outstanding balance		$ 250,900,000			$ 261,300,000
Basis spread on variable rate (as a percent)		3.53%			3.98%
Term Loan | Term Loan | Forecast
Debt Instrument
Quarterly repayments of principal			$ 10,300,000	$ 6,900,000
Final principal payment			$ 161,600,000
Term Loan | Term Loan | Forecast | Subsequent Event
Debt Instrument
Quarterly repayments of principal						$ 3,400,000
Term Loan | Term Loan | Minimum
Debt Instrument
Interest coverage ratio (not less than)		2
Term Loan | Term Loan | Maximum
Debt Instrument
Net leverage ratio (not more than)		4.5
Leverage ratio limiting ability to pay dividends, make distributions or repurchase stock		4.25
Term Loan | Term Loan | LIBOR
Debt Instrument
Basis spread on variable rate (as a percent)		1.50%			1.50%
Revolving Credit Facility | Credit Facility
Debt Instrument
Term of debt instrument	5 years
Maximum borrowing capacity of credit facility	$ 250,000,000
Outstanding borrowings under credit facility		$ 0			$ 0
Commitment fee rate (as a percent)		0.25%			0.25%

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Loss
Balance at beginning of period			$ 1,312,941
Other comprehensive income (loss) before reclassifications	$ (2,681)	$ 187	(2,302)	$ (902)
Amounts reclassified to earnings				(52)
Net current period other comprehensive income				(954)
Balance at end of period	1,323,283		1,323,283
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Balance at beginning of period	(1,482)	1,091	(1,861)	2,232
Balance at end of period	(4,163)	1,278	(4,163)	1,278
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Loss
Balance at beginning of period	(1,482)	1,091	(1,864)	2,232
Other comprehensive income (loss) before reclassifications	(2,681)	190	(2,299)	(899)
Amounts reclassified to earnings				(52)
Net current period other comprehensive income				(951)
Balance at end of period	(4,163)	1,281	(4,163)	1,281
Unrealized Gains (Losses) On Available-For-Sale Debt Securities
Accumulated Other Comprehensive Loss
Balance at beginning of period		0	3	0
Other comprehensive income (loss) before reclassifications		(3)	(3)	(3)
Amounts reclassified to earnings				0
Net current period other comprehensive income				(3)
Balance at end of period	$ 0	$ (3)	$ 0	$ (3)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax benefit or provision	$ 4,900,000	$ 5,140,000	$ (7,062,000)	$ (598,000)
Accumulated other comprehensive (loss) income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax benefit or provision			$ 0	$ 0

EARNINGS PER SHARE - Summary (D

EARNINGS PER SHARE - Summary (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Net earnings	$ 18,324	$ 26,786	$ 35,409	$ 40,695
Net earnings attributable to noncontrolling interests	(325)	(169)	(473)	(64)
Net earnings attributable to ANGI Homeservices Inc. shareholders	$ 17,999	$ 26,617	$ 34,936	$ 40,631
Weighted average basic shares outstanding (shares)	505,836	481,570	505,661	480,178
Dilutive securities (shares)	6,241	39,269	12,955	31,452
Weighted average diluted shares outstanding (shares)	512,077	520,839	518,616	511,630
Earnings per share attributable to ANGI Homeservices Inc. shareholders:
Basic earnings per share (USD per share)	$ 0.04	$ 0.06	$ 0.07	$ 0.08
Diluted earnings per share (USD per share)	$ 0.04	$ 0.05	$ 0.07	$ 0.08
Stock appreciation rights, stock options, subsidiary denominated equity, and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)	6,400	200		300
PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)	4,800	1,200	4,800	1,200

SEGMENT INFORMATION - Segmented

SEGMENT INFORMATION - Segmented Revenue Disaggregated by Service (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Revenue from contracts with customers	$ 357,358	$ 303,116	$ 1,004,697	$ 853,249
North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers	339,144	286,594	945,538	800,125
Europe
Segment Reporting Information [Line Items]
Revenue from contracts with customers	18,214	16,522	59,159	53,124
Marketplace revenue | North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers	270,516	213,049	749,969	583,392
Consumer connection revenue | North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers	252,552	195,065	695,370	531,297
Membership subscription revenue | North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers	16,237	17,034	49,239	49,226
Other revenue | North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers	1,727	950	5,360	2,869
Advertising and other revenue | North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers	68,628	73,545	195,569	216,733
Advertising and other revenue | Europe
Segment Reporting Information [Line Items]
Revenue from contracts with customers	624	283	1,859	834
Consumer connection revenue | Europe
Segment Reporting Information [Line Items]
Revenue from contracts with customers	14,125	12,022	46,480	38,885
Membership subscription revenue | Europe
Segment Reporting Information [Line Items]
Revenue from contracts with customers	$ 3,465	4,217	$ 10,820	13,405
Felix | Advertising and other revenue | North America
Segment Reporting Information [Line Items]
Revenue from contracts with customers		$ 10,200		$ 28,700

SEGMENT INFORMATION - Revenue a

SEGMENT INFORMATION - Revenue and Long-Lived Assets by Geographic Areas (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Revenue and Long-lived Assets by Geography
Revenue	$ 357,358	$ 303,116	$ 1,004,697	$ 853,249
Long-lived assets (excluding goodwill and intangible assets)	101,972		101,972		$ 70,859
United States
Revenue and Long-lived Assets by Geography
Revenue	335,230	283,672	934,409	791,932
Long-lived assets (excluding goodwill and intangible assets)	95,466		95,466		65,510
All other countries
Revenue and Long-lived Assets by Geography
Revenue	22,128	$ 19,444	70,288	$ 61,317
Long-lived assets (excluding goodwill and intangible assets)	$ 6,506		$ 6,506		$ 5,349

SEGMENT INFORMATION - Segment R

SEGMENT INFORMATION - Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ 24,726	$ 33,515	$ 32,488	$ 46,021
North America
Segment Reporting Information [Line Items]
Operating Income (Loss)	27,194	36,117	40,409	56,862
Adjusted EBITDA	60,509	78,613	151,804	186,306
Europe
Segment Reporting Information [Line Items]
Operating Income (Loss)	(2,468)	(2,602)	(7,921)	(10,841)
Adjusted EBITDA	$ (1,586)	$ (913)	$ (4,270)	$ (4,987)

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Operating Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting, Other Significant Reconciling Item
Operating income (loss)	$ 24,726	$ 33,515	$ 32,488	$ 46,021
Stock-based compensation expense	8,784	22,474	45,586	69,433
Depreciation	11,244	6,100	27,039	18,170
Amortization of intangibles	14,169	15,611	42,421	47,695
Interest expense—third party	(3,007)	(3,132)	(8,964)	(8,797)
Interest expense—related party	0	(23)	(16)	(102)
Other income, net	1,505	1,566	4,839	2,975
Earnings before income taxes	23,224	31,926	28,347	40,097
Income tax provision	(4,900)	(5,140)	7,062	598
Net earnings	18,324	26,786	35,409	40,695
Net earnings attributable to noncontrolling interests	(325)	(169)	(473)	(64)
Net earnings attributable to ANGI Homeservices Inc. shareholders	17,999	26,617	34,936	40,631
North America
Segment Reporting, Other Significant Reconciling Item
Operating income (loss)	27,194	36,117	40,409	56,862
Stock-based compensation expense	8,648	22,256	45,107	68,652
Depreciation	10,690	5,563	25,124	16,491
Amortization of intangibles	13,977	14,677	41,164	44,301
Adjusted EBITDA	60,509	78,613	151,804	186,306
Europe
Segment Reporting, Other Significant Reconciling Item
Operating income (loss)	(2,468)	(2,602)	(7,921)	(10,841)
Stock-based compensation expense	136	218	479	781
Depreciation	554	537	1,915	1,679
Amortization of intangibles	192	934	1,257	3,394
Adjusted EBITDA	$ (1,586)	$ (913)	$ (4,270)	$ (4,987)

CONSOLIDATED FINANCIAL STATEM_3

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 402,914	$ 336,984	$ 279,489	$ 221,521
Restricted cash included in other current assets	1,421	1,417	0	0
Restricted cash included in other non-current assets	403	420	433	0
Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows	$ 404,738	$ 338,821	$ 279,922	$ 221,521

CONSOLIDATED FINANCIAL STATEM_4

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Other Income, Net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Other income, net	$ 1,505	$ 1,566	$ 4,839	$ 2,975

CONSOLIDATED FINANCIAL STATEM_5

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Third-party interest income	$ 2.1	$ 1.3	$ 6.4	$ 2.9
Net foreign currency exchange gain (loss)	0.3	$ 0.2	0.6
Mark-to-market charge for indemnification claim	$ (0.9)		$ (2)

CONTINGENCIES - Narrative (Deta

CONTINGENCIES - Narrative (Details)	Sep. 30, 2019USD ($)lawsuit
Commitments and Contingencies Disclosure [Abstract]
Loss contingency reserve | $	$ 0
Number of lawsuits with possible material impact (one or more) | lawsuit	1

RELATED PARTY TRANSACTIONS WI_2

RELATED PARTY TRANSACTIONS WITH IAC - Narrative (Details) $ in Thousands, € in Millions, shares in Millions	Sep. 26, 2017EUR (€)	Sep. 30, 2019USD ($)shares	Mar. 31, 2019USD ($)	Sep. 30, 2018USD ($)shares	Sep. 30, 2019USD ($)shares	Sep. 30, 2018USD ($)shares	Dec. 31, 2018USD ($)	Dec. 31, 2018EUR (€)
Related Party Transaction [Line Items]
Distribution to IAC pursuant to the tax sharing agreement					$ 11,355	$ 0
IAC
Related Party Transaction [Line Items]
Distribution to IAC pursuant to the tax sharing agreement			$ 11,400
IAC | Notes Payable | Related Party Promissory Note
Related Party Transaction [Line Items]
Promissory note sold (in euros) | €	€ 2.4
Amount outstanding on promissory note (in euros and USD)							$ 1,000	€ 0.9
IAC | Services Agreement
Related Party Transaction [Line Items]
Charges for services rendered pursuant to the services agreement		$ 1,000		$ 1,700	3,700	$ 4,400
Outstanding receivable due							100
IAC | Tax Sharing Agreement
Related Party Transaction [Line Items]
Outstanding payables		$ 700			$ 700		$ 12,100
IAC | Employee Matters Agreement
Related Party Transaction [Line Items]
Shares received from related party pursuant to employee matters agreement (in shares) | shares		0.1		0.1	0.5	0.7
IAC | Sublease Agreement
Related Party Transaction [Line Items]
Outstanding receivable due		$ 100			$ 100
Income from related party		$ 500			$ 1,000

Uncategorized Items - angi-2019

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