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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue $ 799,411 $ 680,612 $ 1,541,660 $ 1,321,212
Costs and expenses:        
Cost of revenue (exclusive of depreciation shown separately below) 272,822 237,304 528,671 460,604
Selling and marketing expense 247,153 211,252 490,067 430,038
General and administrative expense 103,515 89,639 199,239 178,111
Product development expense 34,052 26,911 69,169 55,032
Depreciation 17,036 12,225 31,052 24,340
Amortization of intangibles 18,137 5,805 32,215 12,846
Total costs and expenses 692,715 583,136 1,350,413 1,160,971
Operating income 106,696 97,476 191,247 160,241
Equity in losses of unconsolidated affiliates (1,078) (19,009) (1,169) (24,910)
Interest expense (7,658) (1,364) (15,321) (2,711)
Other (expense) income, net (4) (368) 1,654 2,388
Earnings from continuing operations before income taxes 97,956 76,735 176,411 135,008
Income tax provision (39,416) (28,634) (65,162) (55,754)
Earnings from continuing operations 58,540 48,101 111,249 79,254
Loss from discontinued operations, net of tax (1,068) (4,641) (2,012) (957)
Net earnings 57,472 43,460 109,237 78,297
Net loss (earnings) attributable to noncontrolling interests 818 (128) 2,690 (487)
Net earnings attributable to IAC shareholders 58,290 43,332 111,927 77,810
Per share information attributable to IAC shareholders:        
Basic earnings per share from continuing operations (in dollars per share) $ 0.71 $ 0.56 $ 1.36 $ 0.93
Diluted earnings per share from continuing operations (in dollars per share) $ 0.69 $ 0.52 $ 1.31 $ 0.86
Basic earnings per share (in dollars per share) $ 0.70 $ 0.50 $ 1.33 $ 0.92
Diluted earnings per share (in dollars per share) $ 0.67 $ 0.47 $ 1.29 $ 0.85
Dividends declared per share (in dollars per share) $ 0.24 $ 0.12 $ 0.48 $ 0.24
Non-cash compensation expense by function:        
Total non-cash compensation expense 11,820 20,441 24,483 41,907
Cost of revenue
       
Non-cash compensation expense by function:        
Total non-cash compensation expense 681 1,501 1,301 3,225
Selling and marketing expense
       
Non-cash compensation expense by function:        
Total non-cash compensation expense 794 1,004 1,180 2,126
General and administrative expense
       
Non-cash compensation expense by function:        
Total non-cash compensation expense 9,427 16,411 20,207 33,528
Product development expense
       
Non-cash compensation expense by function:        
Total non-cash compensation expense $ 918 $ 1,525 $ 1,795 $ 3,028