XML 33 R45.htm IDEA: XBRL DOCUMENT v3.2.0.727
GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Details3) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash (used in) provided by operating activities attributable to continuing operations $ 85,779 $ 148,771
Cash flows from investing activities attributable to continuing operations:    
Acquisitions, net of cash acquired (43,286) (103,380)
Capital expenditures (26,816) (26,557)
Proceeds from maturities and sales of marketable debt securities 14,613 998
Purchases of marketable debt securities (93,134) (78,380)
Purchases of long-term investments (12,840) (14,701)
Other, net 8,599 2,187
Net cash used in investing activities attributable to continuing operations (152,864) (219,833)
Cash flows from financing activities attributable to continuing operations:    
Purchase of treasury stock (200,000) 0
Dividends (56,729) (40,086)
Issuance of common stock, net of withholding taxes (20,656) (13,823)
Excess tax benefits from stock-based awards 36,465 32,889
Purchase of noncontrolling interests (15,338) (30,000)
Funds returned from escrow for Meetic tender offer 0 12,354
Acquisition-related contingent consideration payments (5,705) (7,630)
Other, net 430 (141)
Net cash used in financing activities attributable to continuing operations (261,533) (46,437)
Total cash used in continuing operations (328,618) (117,499)
Total cash used in discontinued operations (243) (157)
Effect of exchange rate changes on cash and cash equivalents (5,135) 4,538
Net decrease in cash and cash equivalents (333,996) (113,118)
Cash and cash equivalents at beginning of period 990,405 1,100,444
Cash and cash equivalents at end of period 656,409 987,326
IAC Consolidated    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash (used in) provided by operating activities attributable to continuing operations 85,779 148,771
Cash flows from investing activities attributable to continuing operations:    
Acquisitions, net of cash acquired (43,286) (103,380)
Capital expenditures (26,816) (26,557)
Proceeds from maturities and sales of marketable debt securities 14,613 998
Purchases of marketable debt securities (93,134) (78,380)
Purchases of long-term investments (12,840) (14,701)
Other, net 8,599 2,187
Net cash used in investing activities attributable to continuing operations (152,864) (219,833)
Cash flows from financing activities attributable to continuing operations:    
Purchase of treasury stock (200,000)  
Dividends (56,729) (40,086)
Issuance of common stock, net of withholding taxes (20,656) (13,823)
Excess tax benefits from stock-based awards 36,465 32,889
Purchase of noncontrolling interests (15,338) (30,000)
Funds returned from escrow for Meetic tender offer   12,354
Acquisition-related contingent consideration payments (5,705) (7,630)
Intercompany 0 0
Other, net 430 (141)
Net cash used in financing activities attributable to continuing operations (261,533) (46,437)
Total cash used in continuing operations (328,618) (117,499)
Total cash used in discontinued operations (243) (157)
Effect of exchange rate changes on cash and cash equivalents (5,135) 4,538
Net decrease in cash and cash equivalents (333,996) (113,118)
Cash and cash equivalents at beginning of period 990,405 1,100,444
Cash and cash equivalents at end of period 656,409 987,326
IAC    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash (used in) provided by operating activities attributable to continuing operations (124,420) (38,576)
Cash flows from investing activities attributable to continuing operations:    
Acquisitions, net of cash acquired 0 0
Capital expenditures (988) (2,390)
Proceeds from maturities and sales of marketable debt securities 14,613 998
Purchases of marketable debt securities (93,134) (78,380)
Purchases of long-term investments 0 (3,000)
Other, net 3,613 0
Net cash used in investing activities attributable to continuing operations (75,896) (82,772)
Cash flows from financing activities attributable to continuing operations:    
Purchase of treasury stock (200,000)  
Dividends (56,729) (40,086)
Issuance of common stock, net of withholding taxes (20,656) (13,823)
Excess tax benefits from stock-based awards 36,334 22,116
Purchase of noncontrolling interests 0 0
Acquisition-related contingent consideration payments 0 0
Intercompany 107,102 104,410
Other, net 166 (383)
Net cash used in financing activities attributable to continuing operations (133,783) 72,234
Total cash used in continuing operations (334,099) (49,114)
Total cash used in discontinued operations (246) (116)
Effect of exchange rate changes on cash and cash equivalents 0 0
Net decrease in cash and cash equivalents (334,345) (49,230)
Cash and cash equivalents at beginning of period 766,076 782,022
Cash and cash equivalents at end of period 431,731 732,792
Guarantor Subsidiaries    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash (used in) provided by operating activities attributable to continuing operations 232,853 193,388
Cash flows from investing activities attributable to continuing operations:    
Acquisitions, net of cash acquired (3,675) (88,205)
Capital expenditures (18,242) (16,477)
Proceeds from maturities and sales of marketable debt securities 0 0
Purchases of marketable debt securities 0 0
Purchases of long-term investments 0 (6,761)
Other, net (1,086) 11
Net cash used in investing activities attributable to continuing operations (23,003) (111,432)
Cash flows from financing activities attributable to continuing operations:    
Purchase of noncontrolling interests 0 (30,000)
Acquisition-related contingent consideration payments (195) (257)
Intercompany (206,557) (51,723)
Net cash used in financing activities attributable to continuing operations (206,752) (81,980)
Total cash used in continuing operations 3,098 (24)
Total cash used in discontinued operations 0 0
Effect of exchange rate changes on cash and cash equivalents 2 24
Net decrease in cash and cash equivalents 3,100 0
Cash and cash equivalents at beginning of period 1,021 0
Cash and cash equivalents at end of period 4,121 0
Non-Guarantor Subsidiaries    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash (used in) provided by operating activities attributable to continuing operations (22,654) (6,041)
Cash flows from investing activities attributable to continuing operations:    
Acquisitions, net of cash acquired (39,611) (15,175)
Capital expenditures (7,586) (7,690)
Proceeds from maturities and sales of marketable debt securities 0 0
Purchases of marketable debt securities 0 0
Purchases of long-term investments (12,840) (4,940)
Other, net 6,072 2,176
Net cash used in investing activities attributable to continuing operations (53,965) (25,629)
Cash flows from financing activities attributable to continuing operations:    
Excess tax benefits from stock-based awards 131 10,773
Purchase of noncontrolling interests (15,338) 0
Funds returned from escrow for Meetic tender offer   12,354
Acquisition-related contingent consideration payments (5,510) (7,373)
Intercompany 99,455 (52,687)
Other, net 264 242
Net cash used in financing activities attributable to continuing operations 79,002 (36,691)
Total cash used in continuing operations 2,383 (68,361)
Total cash used in discontinued operations 3 (41)
Effect of exchange rate changes on cash and cash equivalents (5,137) 4,514
Net decrease in cash and cash equivalents (2,751) (63,888)
Cash and cash equivalents at beginning of period 223,308 318,422
Cash and cash equivalents at end of period $ 220,557 $ 254,534