Company: MTCH
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000891103-25-000076
Chunk: 35

Company: Match Group, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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73 

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Table of ContentsMATCH GROUP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Continued)

Number of Shares(a)Weighted Average Strike Price per Share(a)(Shares in millions)2026 Exchangeable Notes Warrants6.6$133.98 2030 Exchangeable Notes Warrants6.9$134.04 ______________________(a)Subject to adjustment upon the occurrence of specified events.

NOTE 5—ACCUMULATED OTHER COMPREHENSIVE LOSSThe following table presents the components of accumulated other comprehensive loss. For the three months ended March 31, 2025 and 2024, the Company’s accumulated other comprehensive loss relates to foreign currency translation adjustments.Three Months Ended March 31,20252024(In thousands)Balance at January 1$(449,611)$(385,471)Other comprehensive loss11,346 (69,462)Amounts reclassified into earnings791 — Net period other comprehensive loss12,137 (69,462)Balance at March 31$(437,474)$(454,933)At both March 31, 2025 and 2024, there was no tax benefit or provision on the accumulated other comprehensive loss.

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Table of ContentsMATCH GROUP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Continued)

NOTE 6—EARNINGS PER SHAREThe following table sets forth the computation of the basic and diluted earnings per share attributable to Match Group shareholders:Three Months Ended March 31,20252024BasicDilutedBasicDiluted(In thousands, except per share data)NumeratorNet earnings$117,571 $117,571 $123,234 $123,234 Net earnings attributable to noncontrolling interests(1)(1)(36)(36)Impact from subsidiaries’ dilutive securities— (4)— (8)Interest on dilutive Exchangeable Notes, net of income tax(a)— 3,173 — 3,171 Net earnings attributable to Match Group, Inc. shareholders$117,570 $120,739 $123,198 $126,361 DenominatorWeighted average basic shares outstanding251,130 251,130 268,142 268,142 Dilutive securities(b)(c)— 7,341 — 4