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Match Group MTCH Publishing — Restructuring Reserve

Discontinued — last reported Q4 '16

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Other financials

Income statement

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Revenue$863.9M+3.9%
Gross profit$653.3M+9.9%
Operating income$236.4M+37.0%
Net income$166.8M+41.9%
EPS (diluted)$0.68+54.5%

Balance sheet

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Cash & equivalents$1.0B+149%
Total debt$4.0B+16.0%
Total equity-$218.1M-19.4%
Total assets$4.4B+13.3%

Cash flow

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Operating cash flow$194.4M+0.6%
CapEx$20.4M+32.1%
Free cash flow$174.0M-2.1%

Valuation

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Market cap$8.27B-8.6%
Enterprise value$11.22B-6.8%
P/E12.5×-4.1×
P/S2.4×-0.3×

Profitability

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Gross margin73.8%+2.0pp
Operating margin26.6%+3.1pp
Net margin18.8%+3.0pp
FCF margin29%+6.0pp

Returns & leverage

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Return on equity6%
Debt / equity1.5×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Match Group in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The official record: Match Group’s 10-K, filed February 28, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does publishing — restructuring reserve mean?
The amount of money reserved to pay for planned future restructuring activities.
How do you interpret publishing — restructuring reserve?
A decreasing reserve suggests the completion of restructuring activities, while a growing reserve indicates new or ongoing organizational downsizing efforts.
How does publishing — restructuring reserve compare across companies?
Standard liability disclosure for companies with active restructuring programs; peers report this in the notes to the financial statements.