SEC Comment Letter for Match Group, Inc. (MTCH) (CIK 0000891103) (MTCH) — Apr 10, 2017
Match Group, Inc. (MTCH) (CIK 0000891103)
Date: April 10, 2017 · CIK: 0000891103 · Accession: 0000000000-17-012204
AI Filing Summary & Sentiment
Reasoning
Letter
Mail Stop 3561 April 10 , 2017 Glenn H. Schiffman Chief Financial Officer IAC/InterActiveCorp 555 West 18th Street New York, NY 10011
Re: IAC/InterActiveCorp Form 10 -K for the Fis cal Year Ended December 31 , 2016 Filed February 28, 2017 File No. 0-20570
Dear Mr. Schiffman :
We have reviewed your April 6, 2017 response to our comment letter and have the following comment. In our comment , we may ask you to provide us with information so we may better understand your disclosure.
Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts a nd circumstances, please tell us why in your response.
After reviewing your response to our comment , we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 27, 2017 letter.
Item 8. Con solidated Financial Statements and Supplemental Data
Note 20 – Consolidated Financial Statement Details, page 110
1. In response to comment 5 you indicated that given each of the principal reportable segments had one primary source of revenue you believed y our disclosures were consistent with the objectives of ASC 280 -10-50-40. Please support your response by providing us with a quantitative analysis of the sources of revenue for each reportable segment and explain in greater detail how you determined your disclosures were consistent with the objectives of ASC 280 -10-50-40.
Glenn H. Schiffman IAC/InterActiveCorp April 10 , 2017 Page 2
You may contact Scott Stringer, Staff Accountant, at (202) 551 -3272 or me at (202) 551 - 3344 with any questions .
Sincerely,
/s/ William H. Thompson
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Mail Stop 3561 April 10 , 2017 Glenn H. Schiffman Chief Financial Officer IAC/InterActiveCorp 555 West 18th Street New York, NY 10011 Re: IAC/InterActiveCorp Form 10 -K for the Fis cal Year Ended December 31 , 2016 Filed February 28, 2017 File No. 0-20570 Dear Mr. Schiffman : We have reviewed your April 6, 2017 response to our comment letter and have the following comment. In our comment , we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts a nd circumstances, please tell us why in your response. After reviewing your response to our comment , we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 27, 2017 letter. Item 8. Con solidated Financial Statements and Supplemental Data Note 20 – Consolidated Financial Statement Details, page 110 1. In response to comment 5 you indicated that given each of the principal reportable segments had one primary source of revenue you believed y our disclosures were consistent with the objectives of ASC 280 -10-50-40. Please support your response by providing us with a quantitative analysis of the sources of revenue for each reportable segment and explain in greater detail how you determined your disclosures were consistent with the objectives of ASC 280 -10-50-40. Glenn H. Schiffman IAC/InterActiveCorp April 10 , 2017 Page 2 You may contact Scott Stringer, Staff Accountant, at (202) 551 -3272 or me at (202) 551 - 3344 with any questions . Sincerely, /s/ William H. Thompson William H. Thompson Accounting Branch Chief Office of Consumer Products