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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue $ 756,872 $ 714,470 $ 2,298,532 $ 2,035,682
Costs and expenses:        
Cost of revenue (exclusive of depreciation shown separately below) 248,856 262,275 777,527 722,879
Selling and marketing expense 248,282 235,130 738,349 665,168
General and administrative expense 75,977 93,074 275,216 271,185
Product development expense 35,232 27,596 104,401 82,628
Depreciation 13,489 13,150 44,541 37,490
Amortization of intangibles 13,032 5,212 45,247 18,058
Total costs and expenses 634,868 636,437 1,985,281 1,797,408
Operating income 122,004 78,033 313,251 238,274
Equity in losses of unconsolidated affiliates (3,253) (3,298) (4,422) (28,208)
Interest expense (7,623) (1,391) (22,944) (4,102)
Other income, net 16,719 447 18,373 2,835
Earnings from continuing operations before income taxes 127,847 73,791 304,258 208,799
Income tax provision (36,126) (27,606) (101,288) (83,360)
Earnings from continuing operations 91,721 46,185 202,970 125,439
Earnings (loss) from discontinued operations, net of tax 3,914 (5,624) 1,902 (6,581)
Net earnings 95,635 40,561 204,872 118,858
Net loss (earnings) attributable to noncontrolling interests 1,305 156 3,995 (331)
Net earnings attributable to IAC shareholders 96,940 40,717 208,867 118,527
Per share information attributable to IAC shareholders:        
Basic earnings per share from continuing operations (in dollars per share) $ 1.12 $ 0.52 $ 2.47 $ 1.46
Diluted earnings per share from continuing operations (in dollars per share) $ 1.08 $ 0.49 $ 2.39 $ 1.35
Basic earnings per share (in dollars per share) $ 1.17 $ 0.46 $ 2.50 $ 1.38
Diluted earnings per share (in dollars per share) $ 1.13 $ 0.43 $ 2.41 $ 1.28
Dividends declared per share (in dollars per share) $ 0.24 $ 0.24 $ 0.72 $ 0.48
Non-cash compensation expense by function:        
Total non-cash compensation expense 14,365 23,351 38,848 65,258
Cost of revenue
       
Non-cash compensation expense by function:        
Total non-cash compensation expense 700 1,550 2,001 4,775
Selling and marketing expense
       
Non-cash compensation expense by function:        
Total non-cash compensation expense 820 1,386 2,000 3,512
General and administrative expense
       
Non-cash compensation expense by function:        
Total non-cash compensation expense 11,478 18,850 31,685 52,378
Product development expense
       
Non-cash compensation expense by function:        
Total non-cash compensation expense $ 1,367 $ 1,565 $ 3,162 $ 4,593