XML 57 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
INCOME TAXES (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
U.S. and foreign earnings (loss) from continuing operations before income taxes      
U.S. $ 174,792,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $ 331,520,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $ 214,675,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Foreign 95,137,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign 84,781,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign 74,387,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
Earnings from continuing operations before income taxes 269,929,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 416,301,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 289,062,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Current income tax (benefit) provision :      
Federal (45,842,000)us-gaap_CurrentFederalTaxExpenseBenefit 115,250,000us-gaap_CurrentFederalTaxExpenseBenefit 56,439,000us-gaap_CurrentFederalTaxExpenseBenefit
State (14,787,000)us-gaap_CurrentStateAndLocalTaxExpenseBenefit 13,946,000us-gaap_CurrentStateAndLocalTaxExpenseBenefit 9,204,000us-gaap_CurrentStateAndLocalTaxExpenseBenefit
Foreign 19,132,000us-gaap_CurrentForeignTaxExpenseBenefit 14,402,000us-gaap_CurrentForeignTaxExpenseBenefit 16,496,000us-gaap_CurrentForeignTaxExpenseBenefit
Current income tax (benefit) provision (41,497,000)us-gaap_CurrentIncomeTaxExpenseBenefit 143,598,000us-gaap_CurrentIncomeTaxExpenseBenefit 82,139,000us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred income tax provision (benefit):      
Federal 74,255,000us-gaap_DeferredFederalIncomeTaxExpenseBenefit (821,000)us-gaap_DeferredFederalIncomeTaxExpenseBenefit 40,414,000us-gaap_DeferredFederalIncomeTaxExpenseBenefit
State 3,090,000us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit (2,117,000)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit 1,978,000us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit
Foreign (476,000)us-gaap_DeferredForeignIncomeTaxExpenseBenefit (6,158,000)us-gaap_DeferredForeignIncomeTaxExpenseBenefit (5,316,000)us-gaap_DeferredForeignIncomeTaxExpenseBenefit
Deferred income tax provision (benefit) 76,869,000us-gaap_DeferredIncomeTaxExpenseBenefit (9,096,000)us-gaap_DeferredIncomeTaxExpenseBenefit 37,076,000us-gaap_DeferredIncomeTaxExpenseBenefit
Income tax provision 35,372,000us-gaap_IncomeTaxExpenseBenefit 134,502,000us-gaap_IncomeTaxExpenseBenefit 119,215,000us-gaap_IncomeTaxExpenseBenefit
Excess tax deductions attributable to stock-based compensation 45,000,000iaci_IncomeTaxExpenseBenefitAttributableToStockBasedCompensation 32,900,000iaci_IncomeTaxExpenseBenefitAttributableToStockBasedCompensation 57,100,000iaci_IncomeTaxExpenseBenefitAttributableToStockBasedCompensation
Deferred tax assets:      
Accrued expenses 34,654,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities 28,005,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities  
Net operating loss carryforwards 55,579,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 52,336,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwards  
Tax credit carryforwards 13,585,000us-gaap_DeferredTaxAssetsTaxCreditCarryforwards 6,138,000us-gaap_DeferredTaxAssetsTaxCreditCarryforwards  
Stock-based compensation 69,342,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 69,101,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost  
Income tax reserves, including related interest 2,247,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves 62,852,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves  
Cost method investments 27,581,000us-gaap_DeferredTaxAssetsInvestments 2,383,000us-gaap_DeferredTaxAssetsInvestments  
Equity method investments 14,998,000us-gaap_DeferredTaxAssetsEquityMethodInvestments 13,584,000us-gaap_DeferredTaxAssetsEquityMethodInvestments  
Other 10,075,000us-gaap_DeferredTaxAssetsOther 10,212,000us-gaap_DeferredTaxAssetsOther  
Total deferred tax assets 228,061,000us-gaap_DeferredTaxAssetsGross 244,611,000us-gaap_DeferredTaxAssetsGross  
Less valuation allowance (98,350,000)us-gaap_DeferredTaxAssetsValuationAllowance (62,353,000)us-gaap_DeferredTaxAssetsValuationAllowance  
Net deferred tax assets 129,711,000us-gaap_DeferredTaxAssetsNet 182,258,000us-gaap_DeferredTaxAssetsNet  
Deferred tax liabilities:      
Investment in subsidiaries (378,769,000)iaci_DeferredTaxLiabilitiesInvestmentInSubsidiaries (377,483,000)iaci_DeferredTaxLiabilitiesInvestmentInSubsidiaries  
Intangible and other assets (115,470,000)iaci_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssetsAndOther (69,530,000)iaci_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssetsAndOther  
Other (25,883,000)us-gaap_DeferredTaxLiabilitiesOther (21,841,000)us-gaap_DeferredTaxLiabilitiesOther  
Total deferred tax liabilities (520,122,000)us-gaap_DeferredTaxLiabilities (468,854,000)us-gaap_DeferredTaxLiabilities  
Net deferred tax liabilities $ (390,411,000)us-gaap_DeferredTaxAssetsLiabilitiesNet $ (286,596,000)us-gaap_DeferredTaxAssetsLiabilitiesNet