Company: MTCH
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000891103-25-000124
Chunk: 30

Company: Match Group, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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ments (In thousands)Assets:  Cash equivalents:  Money market funds$264,008 $— $264,008 Time deposits— 121,000 121,000 Short-term investments:Time deposits— 4,734 4,734 Total$264,008 $125,734 $389,742 Assets measured at fair value on a nonrecurring basisThe Company’s non-financial assets, such as goodwill, intangible assets, property and equipment, and right-of-use assets, are adjusted to fair value only when an impairment charge is recognized. The Company’s financial assets, comprised of equity securities without readily determinable fair values, are adjusted to fair value when observable price changes are identified or an impairment charge is recognized. Such fair value measurements are based predominantly on Level 3 inputs.

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

Financial instruments measured at fair value only for disclosure purposesThe following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes.June 30, 2025December 31, 2024Carrying ValueFair ValueCarrying ValueFair Value(In thousands)Current maturities of long-term debt (a) (b)$(573,424)$(554,300)$— $— Long-term debt, net (a) (b)$(2,855,277)$(2,705,516)$(3,848,983)$(3,578,976)______________________(a)At June 30, 2025, the carrying value of current maturities of long-term debt, net includes unamortized debt issuance costs of $1.6 million. At June 30, 2025 and December 31, 2024, the carrying value of long-term debt, net includes unamortized original issue discount and debt issuance costs of $19.7 million and $26.0 million, respectively.(b)At June 30, 2025, the fair value of the 2026 Exchangeable Notes and 2030 Exchangeable Notes (described in “Note 4—Long-term Debt, net”) is $554.3 million and $511.8 million, respectively. At December 31, 2024, the fair value of the 2026 Exchange