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GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2013
Guarantor and Nonguarantor Financial Statements [Abstract]  
Schedule of condensed balance sheet


Balance sheet at March 31, 2013:
 
IAC
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Total Eliminations
 
IAC Consolidated
 
(In thousands)
Cash and cash equivalents
$
430,356

 
$
—

 
$
243,401

 
$
—

 
$
673,757

Marketable securities
5,814

 
—

 
—

 
—

 
5,814

Accounts receivable, net
35

 
148,666

 
86,480

 
—

 
235,181

Other current assets
26,558

 
60,849

 
55,106

 
(1,583
)
 
140,930

Intercompany receivables
—

 
536,367

 
1,790,850

 
(2,327,217
)
 
—

Property and equipment, net
4,053

 
178,444

 
110,785

 
—

 
293,282

Goodwill
—

 
1,189,864

 
484,356

 
—

 
1,674,220

Intangible assets, net
—

 
331,408

 
147,376

 
—

 
478,784

Investment in subsidiaries
4,463,712

 
674,547

 
—

 
(5,138,259
)
 
—

Other non-current assets
322,411

 
16,895

 
111,812

 
(172,840
)
 
278,278

Total assets
$
5,252,939

 
$
3,137,040

 
$
3,030,166

 
$
(7,639,899
)
 
$
3,780,246

 
 
 
 
 
 
 
 
 
 
Accounts payable, trade
$
3,983

 
$
42,672

 
$
31,513

 
$
—

 
$
78,168

Other current liabilities
33,262

 
245,294

 
236,232

 
(1,517
)
 
513,271

Long-term debt, net of current maturities
500,000

 
80,000

 
—

 
—

 
580,000

Income taxes payable
439,991

 
25,554

 
12,407

 
3,956

 
481,908

Intercompany liabilities
2,638,794

 
—

 
(311,577
)
 
(2,327,217
)
 
—

Other long-term liabilities
390

 
90,425

 
467,202

 
(176,862
)
 
381,155

Redeemable noncontrolling interests
—

 
1,379

 
57,875

 
—

 
59,254

IAC shareholders' equity
1,636,519

 
2,651,716

 
2,486,543

 
(5,138,259
)
 
1,636,519

Noncontrolling interests
—

 
—

 
49,971

 
—

 
49,971

Total liabilities and shareholders' equity
$
5,252,939

 
$
3,137,040

 
$
3,030,166

 
$
(7,639,899
)
 
$
3,780,246
Schedule of condensed income statement
Statement of operations for the three months ended March 31, 2013:
 
IAC
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Total Eliminations
 
IAC Consolidated
 
(In thousands)
Revenue
$
—

 
$
515,784

 
$
227,502

 
$
(1,037
)
 
$
742,249

Costs and expenses:
 
 
 
 
 
 
 
 
 
Cost of revenue (exclusive of depreciation shown separately below)
677

 
152,905

 
102,279

 
(779
)
 
255,082

Selling and marketing expense
431

 
170,667

 
72,073

 
(257
)
 
242,914

General and administrative expense
22,245

 
41,147

 
34,635

 
(1
)
 
98,026

Product development expense
899

 
21,279

 
11,404

 
—

 
33,582

Depreciation
367

 
8,624

 
5,025

 
—

 
14,016

Amortization of intangibles
—

 
8,910

 
5,168

 
—

 
14,078

Total costs and expenses
24,619

 
403,532

 
230,584

 
(1,037
)
 
657,698

Operating (loss) income
(24,619
)
 
112,252

 
(3,082
)
 
—

 
84,551

Equity in earnings (losses) of unconsolidated affiliates
113,783

 
2,771

 
(91
)
 
(116,554
)
 
(91
)
Interest expense
(6,557
)
 
(1,065
)
 
(41
)
 
—

 
(7,663
)
Other (expense) income, net
(55,448
)
 
(18,730
)
 
75,836

 
—

 
1,658

Earnings from continuing operations before income taxes
27,159

 
95,228

 
72,622

 
(116,554
)
 
78,455

Income tax benefit (provision)
27,422

 
(33,332
)
 
(19,836
)
 
—

 
(25,746
)
Earnings from continuing operations
54,581

 
61,896

 
52,786

 
(116,554
)
 
52,709

(Loss) earnings from discontinued operations, net of tax
(944
)
 
—

 
7

 
(7
)
 
(944
)
Net earnings
53,637

 
61,896

 
52,793

 
(116,561
)
 
51,765

Net loss attributable to noncontrolling interests
—

 
8

 
1,864

 
—

 
1,872

Net earnings attributable to IAC shareholders
$
53,637

 
$
61,904

 
$
54,657

 
$
(116,561
)
 
$
53,637

Comprehensive income attributable to IAC shareholders
$
41,710

 
$
61,829

 
$
49,313

 
$
(111,142
)
 
$
41,710
Schedule of condensed cash flow statement
Statement of cash flows for the three months ended March 31, 2013:
 
IAC
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Total Eliminations
 
IAC Consolidated
 
(In thousands)
Net cash (used in) provided by operating activities attributable to continuing operations
$
(1,106
)
 
$
105,567

 
$
(12,099
)
 
$
—

 
$
92,362

Cash flows from investing activities attributable to continuing operations:
 
 
 
 
 
 
 
 
 
Acquisitions, net of cash acquired
—

 
(6,060
)
 
(23,134
)
 
—

 
(29,194
)
Capital expenditures
(78
)
 
(5,059
)
 
(28,501
)
 
—

 
(33,638
)
Proceeds from maturities and sales of marketable debt securities
12,500

 
—

 
—

 
—

 
12,500

Proceeds from sales of long-term investments
—

 
—

 
214

 
—

 
214

Purchases of long-term investments
—

 
—

 
(975
)
 
—

 
(975
)
Other, net
(55
)
 
—

 
(996
)
 
—

 
(1,051
)
Net cash provided by (used in) investing activities attributable to continuing operations
12,367

 
(11,119
)
 
(53,392
)
 
—

 
(52,144
)
Cash flows from financing activities attributable to continuing operations:
 
 
 
 
 
 
 
 
 
Purchase of treasury stock
(88,605
)
 
—

 
—

 
—

 
(88,605
)
Issuance of common stock, net of withholding taxes
552

 
—

 
—

 
—

 
552

Dividends
(21,429
)
 
—

 
—

 
—

 
(21,429
)
Excess tax benefits from stock-based awards
12,530

 
—

 
—

 
—

 
12,530

Principal payments on long-term debt
(15,844
)
 
—

 
—

 
—

 
(15,844
)
Intercompany
29,317

 
(94,447
)
 
65,130

 
—

 
—

Other, net
(927
)
 
(29
)
 
(145
)
 
—

 
(1,101
)
Net cash (used in) provided by financing activities attributable to continuing operations
(84,406
)
 
(94,476
)
 
64,985

 
—

 
(113,897
)
Total cash used in continuing operations
(73,145
)
 
(28
)
 
(506
)
 
—

 
(73,679
)
Total cash provided by (used in) discontinued operations
2,426

 
—

 
(1
)
 
—

 
2,425

Effect of exchange rate changes on cash and cash equivalents
—

 
28

 
(4,994
)
 
—

 
(4,966
)
Net decrease in cash and cash equivalents
(70,719
)
 
—

 
(5,501
)
 
—

 
(76,220
)
Cash and cash equivalents at beginning of period
501,075

 
—

 
248,902

 
—

 
749,977

Cash and cash equivalents at end of period
$
430,356

 
$
—

 
$
243,401

 
$
—

 
$
673,757

Statement of cash flows for the three months ended March 31, 2012:
 
IAC
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Total Eliminations
 
IAC Consolidated
 
(In thousands)
Net cash (used in) provided by operating activities attributable to continuing operations
$
(19,544
)
 
$
82,531

 
$
(3,937
)
 
$
—

 
$
59,050

Cash flows from investing activities attributable to continuing operations:
 
 
 
 
 
 
 
 
 
Acquisitions, net of cash acquired
—

 
(10,267
)
 
—

 
—

 
(10,267
)
Capital expenditures
(31
)
 
(6,182
)
 
(3,420
)
 
—

 
(9,633
)
Proceeds from maturities and sales of marketable debt securities
18,343

 
—

 
—

 
—

 
18,343

Purchases of marketable debt securities
(10,012
)
 
—

 
—

 
—

 
(10,012
)
Proceeds from sales of long-term investments
8,058

 
—

 
—

 
—

 
8,058

Purchases of long-term investments
—

 
(20
)
 
(450
)
 
—

 
(470
)
Other, net
(350
)
 
(299
)
 
(7,604
)
 
—

 
(8,253
)
Net cash provided by (used in) investing activities attributable to continuing operations
16,008

 
(16,768
)
 
(11,474
)
 
—

 
(12,234
)
Cash flows from financing activities attributable to continuing operations:
 
 
 
 
 
 
 
 
 
Purchase of treasury stock
(222,863
)
 
—

 
—

 
—

 
(222,863
)
Issuance of common stock, net of withholding taxes
99,212

 
—

 
—

 
—

 
99,212

Dividends
(10,573
)
 
—

 
—

 
—

 
(10,573
)
Excess tax benefits from stock-based awards
6,477

 
—

 
—

 
—

 
6,477

Intercompany
33,687

 
(65,755
)
 
32,068

 
—

 
—

Other, net
—

 
—

 
22

 
—

 
22

Net cash (used in) provided by financing activities attributable to continuing operations
(94,060
)
 
(65,755
)
 
32,090

 
—

 
(127,725
)
Total cash (used in) provided by continuing operations
(97,596
)
 
8

 
16,679

 
—

 
(80,909
)
Total cash used in discontinued operations
(333
)
 
—

 
(35
)
 
—

 
(368
)
Effect of exchange rate changes on cash and cash equivalents
—

 
(8
)
 
1,228

 
—

 
1,220

Net (decrease) increase in cash and cash equivalents
(97,929
)
 
—

 
17,872

 
—

 
(80,057
)
Cash and cash equivalents at beginning of period
545,222

 
—

 
158,931

 
—

 
704,153

Cash and cash equivalents at end of period
$
447,293

 
$
—

 
$
176,803

 
$
—

 
$
624,096