Angi Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
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Item 16. Form 10-K Summary
None.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Dated: | February 29, 2024 | ||
|---|---|---|---|
| Angi Inc. | |||
| By: | /s/ ANDREW RUSSAKOFF | ||
| Andrew Russakoff | |||
| Chief Financial Officer | |||
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on February 29, 2024:
| Signature | Title |
|---|---|
| /s/ JOSEPH LEVIN | Chief Executive Officer, Chairman of the Board, and Director |
| Joseph Levin | |
| /s/ JEFFREY W. KIP | President |
| Jeffrey W. Kip | |
| /s/ ANDREW RUSSAKOFF | Chief Financial Officer |
| Andrew Russakoff | |
| /s/ CHRISTOPHER W. BOHNERT | Senior Vice President, Principal Accounting Officer |
| Christopher W. Bohnert | |
| /s/ THOMAS R. EVANS | Director |
| Thomas R. Evans | |
| /s/ ALESIA J. HAAS | Director |
| Alesia J. Haas | |
| /s/ CHRISTOPHER HALPIN | Director |
| Christopher Halpin | |
| /s/ KENDALL HANDLER | Director |
| Kendall Handler | |
| /s/ ANGELA R. HICKS BOWMAN | Director |
| Angela R. Hicks Bowman | |
| /s/ SANDRA HURSE | Director |
| Sandra Hurse | |
| /s/ JEREMY G. PHILIPS | Director |
| Jeremy G. Philips | |
| /s/THOMAS C. PICKETT JR. | Director |
| Thomas C. Pickett Jr. | |
| /s/ GLENN H. SCHIFFMAN | Director |
| Glenn H. Schiffman | |
| /s/ MARK STEIN | Director |
| Mark Stein | |
| /s/ SUZY WELCH | Director |
| Suzy Welch | |
Schedule II
VALUATION AND QUALIFYING ACCOUNTS
| Description · Balance atBeginningof Period · Charges toEarnings · Charges toOther Accounts · Deductions · Balance atEnd of Period | ||||||
|---|---|---|---|---|---|---|
| (In thousands) | ||||||
| Allowance for credit losses | $38,846 | $79,385(a) | $171 | $(93,718)(b) | $24,684 | |
| Deferred tax valuation allowance | 64,877 | 9,891(c) | 2,053(d) | 76,821 | ||
| Other reserves | 692 | 420 | ||||
| Allowance for credit losses | $28,712 | $104,261(a) | $110 | $(94,237)(b) | $38,846 | |
| Deferred tax valuation allowance | 66,626 | 1,795(e) | (3,544)(d) | 64,877 | ||
| Other reserves | 777 | 692 | ||||
| Allowance for credit losses | $26,046 | $86,594(a) | $92 | $(84,020)(b) | $28,712 | |
| Deferred tax valuation allowance | 77,076 | (5,925)(f) | (4,525)(d) | — | 66,626 | |
| Other reserves | — | 777 | ||||
(a)Additions to the credit loss reserve are charged to expense.
(b)Write-off of fully reserved accounts receivable balance, net of recoveries.
(c)Amount is primarily related to an increase in unbenefited capital losses and foreign NOLs.
(d)Amount is primarily related to currency translation adjustments on foreign NOLs.
(e)Amount is primarily related to a net decrease in foreign NOLs partially offset by an increase in unbenefited capital losses and state tax attributes.
(f)Amount is primarily related to a decrease in state and foreign NOLs.
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