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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share attributable to IAC shareholders.
 
Three Months Ended March 31,
 
2014
 
2013
 
Basic
 
Diluted
 
Basic
 
Diluted
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Earnings from continuing operations
$
34,305

 
$
34,305

 
$
52,709

 
$
52,709

Net loss attributable to noncontrolling interests
2,394

 
2,394

 
1,872

 
1,872

Earnings from continuing operations attributable to IAC shareholders
36,699

 
36,699

 
54,581

 
54,581

Loss from discontinued operations attributable to IAC shareholders
(814
)
 
(814
)
 
(944
)
 
(944
)
Net earnings attributable to IAC shareholders
$
35,885

 
$
35,885

 
$
53,637

 
$
53,637

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average basic shares outstanding
82,484

 
82,484

 
84,218

 
84,218

Dilutive securities including stock options and RSUs(a)
—

 
4,720

 
—

 
3,162

Denominator for earnings per share—weighted average shares(a)
82,484

 
87,204

 
84,218

 
87,380

 
 
 
 
 
 
 
 
Earnings (loss) per share attributable to IAC shareholders:
 
 
 
 
 
 
 
Earnings per share from continuing operations
$
0.44

 
$
0.42

 
$
0.65

 
$
0.62

Discontinued operations
—

 
(0.01
)
 
(0.01
)
 
(0.01
)
Earnings per share
$
0.44

 
$
0.41

 
$
0.64

 
$
0.61

____________________________________________
(a) 
If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and vesting of restricted stock units ("RSUs"). For the three months ended March 31, 2014, there are no securities that are excluded from the calculation of diluted earnings per share. For the three months ended March 31, 2013, approximately 3.4 million shares related to potentially dilutive securities are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.