XML 44 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Reconciliation of Adjusted EBITDA to Net Income

The following table is a reconciliation of Adjusted EBITDA to net income, the most directly comparable financial measure calculated and presented in accordance with GAAP, for the periods presented (in thousands):

 

     Three months ended
September 30,
    Nine months ended
September 30,
 
     2013     2012     2013     2012  

Adjusted EBITDA

   $ 104,422      $ 107,059      $ 326,601      $ 288,169   

Depreciation (1)

     (7,634     (5,037     (20,834     (14,033

Amortization of intangible assets

     (1,443     (1,310     (4,182     (4,909

Stock-based compensation

     (11,651     (8,463     (35,470     (19,923

Other expense, net

     (71     (1,439     (8,154 )     (10,619

Provision for income taxes

     (27,741     (31,275 )     (72,792 )     (77,814
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income

   $ 55,882      $ 59,535      $ 185,169      $ 160,871   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Includes amortization of internal use software and website development costs.