People Inc
For the period ended Mar 31, 2025. Filed May 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 5, 2025
PPLI$42.08+2.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Shareholders' Equity
Three months ended March 31, 2025 and 2024
| Redeemable Noncontrolling Interests · Common Stock, $0.0001 par value · Class B common stock, $0.0001 par value · Additional Paid-in-Capital · (Accumulated Deficit) Retained Earnings · Accumulated Other Comprehensive (Loss) Income · Treasury Stock · Total IACShareholders' Equity · NoncontrollingInterests · Total Shareholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ · Shares · $ · Shares | ||||||||||||
| (In thousands) | ||||||||||||
| Balance at December 31, 2024 | $25,415 | $8 | 84,831 | $1 | 5,789 | $6,380,700 | $(538,974) | $(11,396) | $(252,441) | $5,577,898 | $701,075 | $6,278,973 |
| Net (loss) earnings | (8) | — | — | — | — | — | (216,805) | — | — | (216,805) | 2,245 | (214,560) |
| Other comprehensive income, net of income taxes | — | — | — | — | — | — | — | 781 | — | 781 | 433 | 1,214 |
| Stock-based compensation expense | — | — | — | — | — | (20,400) | — | — | — | (20,400) | (652) | (21,052) |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 791 | — | — | (35,859) | — | — | — | (35,859) | — | (35,859) |
| Forfeiture of IAC's former CEO's restricted common stock award | — | — | (3,000) | — | — | — | — | — | — | — | — | — |
| Withholding taxes paid on IAC's transfer of Angi Inc. Class B shares to its former CEO | — | — | — | — | — | (9,347) | — | — | — | (9,347) | — | (9,347) |
| Issuance of Angi Inc. Class A common stock pursuant to stock-based awards, net of withholding taxes, prior to the Distribution | — | — | — | — | — | (8,264) | — | 4 | — | (8,260) | 3,688 | (4,572) |
| Purchase of IAC treasury stock | — | — | — | — | — | — | — | — | (180,827) | (180,827) | — | (180,827) |
| Purchase of Angi Inc. treasury stock prior to the Distribution | — | — | — | — | — | (10,688) | — | — | — | (10,688) | — | (10,688) |
| Adjustment of noncontrolling interests to redemption amount | (113) | — | — | — | — | 113 | — | — | — | 113 | — | 113 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | (17) | — | — | — | (17) | 17 | — |
| Distribution of IAC's investment in Angi Inc. | — | — | — | — | — | (1,065,612) | — | (382) | — | (1,065,994) | — | (1,065,994) |
| Elimination of Angi Inc. noncontrolling interest | — | — | — | — | — | 682,927 | — | — | — | 682,927 | (682,927) | — |
| Other | — | — | — | — | — | 37 | — | — | — | 37 | — | 37 |
| Balance at March 31, 2025 | $25,294 | $8 | 82,622 | $1 | 5,789 | $5,913,590 | $(755,779) | $(10,993) | $(433,268) | $4,713,559 | $23,879 | $4,737,438 |
| Balance at December 31, 2023 | $33,378 | $8 | 84,465 | $1 | 5,789 | $6,340,312 | $923 | $(10,942) | $(252,441) | $6,077,861 | $677,142 | $6,755,003 |
| Net (loss) earnings | (9) | — | — | — | — | — | 45,031 | — | — | 45,031 | (50) | 44,981 |
| Other comprehensive income (loss), net of income taxes | — | — | — | — | — | — | — | 4,047 | — | 4,047 | (154) | 3,893 |
| Stock-based compensation expense | — | — | — | — | — | 19,510 | — | — | — | 19,510 | 11,019 | 30,529 |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 173 | — | — | (8,123) | — | — | — | (8,123) | — | (8,123) |
| Issuance of Angi Inc. common stock pursuant to stock-based awards, net of withholding taxes | — | — | — | — | — | (1,858) | — | 2 | — | (1,856) | (1,408) | (3,264) |
| Purchase of Angi Inc. treasury stock | — | — | — | — | — | (6,700) | — | — | — | (6,700) | — | (6,700) |
| Adjustment of noncontrolling interests to redemption amount | (505) | — | — | — | — | 505 | — | — | — | 505 | — | 505 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | 2,442 | — | — | — | 2,442 | (2,442) | — |
| Other | (242) | — | — | — | — | 18 | — | — | — | 18 | — | 18 |
| Balance at March 31, 2024 | $32,622 | $8 | 84,638 | $1 | 5,789 | $6,346,106 | $45,954 | $(6,893) | $(252,441) | $6,132,735 | $684,107 | $6,816,842 |
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