SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The overall concept that IAC employs in determining its operating segments is to present the financial information in a manner consistent with how the chief operating decision maker views the businesses, how the businesses are organized as to segment management, and the focus of the businesses with regards to the types of services or products offered or the target market. Operating segments are combined for reporting purposes if they meet certain aggregation criteria, which principally relate to the similarity of their economic characteristics or, in the case of the "Other" reportable segment, do not meet the quantitative thresholds that require presentation as separate operating segments.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Revenue:
Search & Applications	$	407,291		$	370,227		$	1,231,932		$	1,062,187
Match	201,069			178,190			584,251			530,883
Local	62,805			84,314			222,484			245,938
Media	50,974			52,736			154,303			107,015
Other	35,085			29,064			106,135			89,899
Inter-segment elimination	(352		)	(61		)	(573		)	(240		)
Total	$	756,872		$	714,470		$	2,298,532		$	2,035,682

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Operating Income (Loss):
Search & Applications	$	87,756		$	69,036		$	264,085		$	216,593
Match	64,823			56,078			164,169			143,083
Local	9,853			7,343			2,492			22,802
Media	(8,475		)	(13,178		)	(21,331		)	(27,152		)
Other	(2,529		)	(2,685		)	(9,848		)	(6,581		)
Corporate	(29,424		)	(38,561		)	(86,316		)	(110,471		)
Total	$	122,004		$	78,033		$	313,251		$	238,274

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Operating Income Before Amortization:
Search & Applications	$	94,647		$	69,192		$	284,303		$	216,771
Match	68,447			59,980			182,358			159,953
Local	12,417			7,817			13,384			23,599
Media	(7,984		)	(12,236		)	(19,880		)	(25,426		)
Other	(1,880		)	(2,259		)	(7,797		)	(5,412		)
Corporate	(15,614		)	(15,898		)	(48,683		)	(47,895		)
Total	$	150,033		$	106,596		$	403,685		$	321,590

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(In thousands)
Depreciation:
Search & Applications	$	3,865	$	3,343	$	14,143	$	10,019
Match	4,985		4,502		14,438		11,781
Local	1,346		2,463		6,399		7,739
Media	526		424		1,573		898
Other	360		286		1,010		787
Corporate	2,407		2,132		6,978		6,266
Total	$	13,489	$	13,150	$	44,541	$	37,490

Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(In thousands)
Revenue:
United States	$	527,675	$	499,409	$	1,594,169	$	1,417,622
All other countries	229,197		215,061		704,363		618,060
Total	$	756,872	$	714,470	$	2,298,532	$	2,035,682

	September 30, 2013		December 31, 2012
	(In thousands)
Long-lived assets (excluding goodwill and intangible assets):
United States	$	268,725	$	251,379
All other countries	21,745		19,133
Total	$	290,470	$	270,512

The Company's primary metric is Operating Income Before Amortization, which is defined as operating income excluding, if applicable: (1) non-cash compensation expense, (2) amortization and impairment of intangibles, (3) goodwill impairment, (4) acquisition-related contingent consideration fair value adjustments and (5) one-time items. The Company believes this measure is useful to investors because it represents the consolidated operating results from IAC's segments, taking into account depreciation, which it believes is an ongoing cost of doing business, but excluding the effects of any other non-cash expenses. Operating Income Before Amortization has certain limitations in that it does not take into account the impact to IAC's statement of operations of certain expenses, including non-cash compensation and acquisition-related accounting. IAC endeavors to compensate for the limitations of the non-U.S. GAAP measure presented by providing the comparable U.S. GAAP measure with equal or greater prominence, financial statements prepared in accordance with U.S. GAAP, and descriptions of the reconciling items, including quantifying such items, to derive the non-U.S. GAAP measure.

The following tables reconcile Operating Income Before Amortization to operating income (loss) for the Company's reportable segments:

	Three Months Ended September 30, 2013
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Acquisition-related Contingent Consideration Fair Value Adjustments			Operating Income (Loss)
	(In thousands)
Search & Applications	$	94,647		$	—		$	(6,891	)	$	—		$	87,756
Match	68,447			(336		)	(2,656		)	(632		)	64,823
Local	12,417			—			(2,564		)	—			9,853
Media	(7,984		)	(219		)	(272		)	—			(8,475		)
Other	(1,880		)	—			(649		)	—			(2,529		)
Corporate	(15,614		)	(13,810		)	—			—			(29,424		)
Total	$	150,033		$	(14,365	)	$	(13,032	)	$	(632	)	$	122,004

	Three Months Ended September 30, 2012
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Operating Income (Loss)
	(In thousands)
Search & Applications	$	69,192		$	(9	)	$	(147	)	$	69,036
Match	59,980			(560		)	(3,342		)	56,078
Local	7,817			—			(474		)	7,343
Media	(12,236		)	(62		)	(880		)	(13,178		)
Other	(2,259		)	(57		)	(369		)	(2,685		)
Corporate	(15,898		)	(22,663		)	—			(38,561		)
Total	$	106,596		$	(23,351	)	$	(5,212	)	$	78,033

	Nine Months Ended September 30, 2013
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Acquisition-related Contingent Consideration Fair Value Adjustments			Operating Income (Loss)
	(In thousands)
Search & Applications	$	284,303		$	(3	)	$	(20,215	)	$	—		$	264,085
Match	182,358			(542		)	(11,308		)	(6,339		)	164,169
Local	13,384			—			(10,892		)	—			2,492
Media	(19,880		)	(637		)	(814		)	—			(21,331		)
Other	(7,797		)	(33		)	(2,018		)	—			(9,848		)
Corporate	(48,683		)	(37,633		)	—			—			(86,316		)
Total	$	403,685		$	(38,848	)	$	(45,247	)	$	(6,339	)	$	313,251

	Nine Months Ended September 30, 2012
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Operating Income (Loss)
	(In thousands)
Search & Applications	$	216,771		$	(26	)	$	(152	)	$	216,593
Match	159,953			(2,023		)	(14,847		)	143,083
Local	23,599			—			(797		)	22,802
Media	(25,426		)	(566		)	(1,160		)	(27,152		)
Other	(5,412		)	(67		)	(1,102		)	(6,581		)
Corporate	(47,895		)	(62,576		)	—			(110,471		)
Total	$	321,590		$	(65,258	)	$	(18,058	)	$	238,274