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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
2016
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
Total revenues
$
2,148,119

 
$
2,555,902

 
$
3,690,552

 
$
2,348,433

 
 
 
 
 
 
 
 
Gross profit
2,019,450

 
2,429,818

 
3,589,063

 
2,276,361

 
 
 
 
 
 
 
 
Net income(1)
374,424

 
580,638

 
506,017

 
673,908

 
 
 
 
 
 
 
 
Net income applicable to common stockholders per basic common share(1)
$
7.54

 
$
11.71

 
$
10.24

 
$
13.66

 
 
 
 
 
 
 
 
Net income applicable to common stockholders per diluted common share(1)
$
7.47

 
$
11.60

 
$
10.13

 
$
13.47


(1)  tIncludes a non-cash charge in the third quarter of 2016 related to an impairment of OpenTable goodwill of $940.7 million, which is not tax deductible (see Note 9). The goodwill impairment charge reduced basic and diluted net income per share for the third quarter of 2016 by $19.03 and $18.82, respectively.

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
2015
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
Total revenues
$
1,840,694

 
$
2,280,397

 
$
3,102,901

 
$
1,999,995

 
 
 
 
 
 
 
 
Gross profit
1,672,236

 
2,092,906

 
2,947,282

 
1,879,383

 
 
 
 
 
 
 
 
Net income
333,327

 
517,032

 
1,196,732

 
504,269

 
 
 
 
 
 
 
 
Net income applicable to common stockholders per basic common share
$
6.42

 
$
10.02

 
$
23.67

 
$
10.14

 
 
 
 
 
 
 
 
Net income applicable to common stockholders per diluted common share
$
6.36

 
$
9.94

 
$
23.41

 
$
10.00