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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net are as follows:
 
December 31,
 
2015
 
2014
 
(In thousands)
Goodwill
$
2,245,364

 
$
1,754,926

Intangible assets with indefinite lives
380,137

 
405,234

Intangible assets with definite lives, net
60,691

 
86,702

Total goodwill and intangible assets, net
$
2,686,192

 
$
2,246,862

Schedule of Goodwill by Reporting Unit
The following table presents the balance of goodwill by reporting unit, including the changes in the carrying value of goodwill, for the year ended December 31, 2014:
 
Balance at
December 31, 2013
 
Additions
 
(Deductions)
 
Foreign
Exchange
Translation
 
Balance at
December 31, 2014
 
(In thousands)
Search & Applications (b)
$
738,062

 
$
71,616

 
$
(33,510
)
 
$
(1,346
)
 
$
774,822

 
 
 
 
 
 
 
 
 
 
Match Group
768,080

 
72,833

 
(1,931
)
 
(47,508
)
 
791,474

HomeAdvisor
131,872

 
20,646

 

 
(1,197
)
 
151,321

Publishing

 

 

 

 

Applications

 

 

 

 

Video:
 
 
 
 
 
 
 
 
 
Connected Ventures
8,267

 

 

 

 
8,267

DailyBurn
7,323

 

 

 

 
7,323

Total Video
15,590

 

 

 

 
15,590

Other:
 
 
 
 
 
 
 
 
 
ShoeBuy
21,719

 

 

 

 
21,719

PriceRunner

 

 

 

 

Total Other
21,719

 

 

 

 
21,719

Total
$
1,675,323

 
$
165,095

 
$
(35,441
)
 
$
(50,051
)
 
$
1,754,926

________________________
(b) Prior to the fourth quarter of 2015, Search & Applications was a reportable segment consisting of one operating segment and one reporting unit. In the fourth quarter of 2015, Search &Applications was split into three new operating segments and reporting units: Publishing, Applications and PriceRunner. The goodwill of Search & Applications was allocated to these three reporting units based upon their relative fair values as of October 1, 2015. It is not possible to reflect this allocation on a retrospective basis because of acquisitions and dispositions during the three years in the period ended December 31, 2015. See Note 1 for additional information on the realignment of IAC's reportable segments.
The following table presents the balance of goodwill by reporting unit, including the changes in the carrying value of goodwill, for the year ended December 31, 2015:
 
Balance at
December 31, 2014
 
Additions
 
Impairment
 
Foreign
Exchange
Translation
 
Allocation of IAC's former Search & Applications Segment Goodwill Based on Relative Fair Value
 
Balance at
December 31, 2015
 
(In thousands)
Search & Applications (a)
$
774,822

 
$
1,450

 
$

 
$
(1,230
)
 
$
(775,042
)
 
$

 
 
 
 
 
 
 
 
 
 
 
 
Match Group
791,474

 
547,910

 

 
(46,275
)
 

 
1,293,109

HomeAdvisor
151,321

 

 

 
(1,070
)
 

 
150,251

Publishing

 
3,504

 

 
963

 
272,725

 
277,192

Applications

 

 

 

 
447,242

 
447,242

Video:
 
 
 
 
 
 
 
 
 
 
 
Connected Ventures
8,267

 

 

 

 

 
8,267

DailyBurn
7,323

 

 

 

 

 
7,323

Total Video
15,590

 

 

 

 

 
15,590

Other:
 
 
 
 
 
 
 
 
 
 
 
ShoeBuy
21,719

 

 
(14,056
)
 

 

 
7,663

PriceRunner

 

 

 
(758
)
 
55,075

 
54,317

Total Other
21,719

 

 
(14,056
)
 
(758
)
 
55,075

 
61,980

Total
$
1,754,926

 
$
552,864

 
$
(14,056
)
 
$
(48,370
)
 
$

 
$
2,245,364

________________________
(a) Prior to the fourth quarter of 2015, Search & Applications was a reportable segment consisting of one operating segment and one reporting unit. In the fourth quarter of 2015, Search &Applications was split into three new operating segments and reporting units: Publishing, Applications and PriceRunner. The goodwill of Search & Applications was allocated to these three reporting units based upon their relative fair values as of October 1, 2015. It is not possible to reflect this allocation on a retrospective basis because of acquisitions and dispositions during the three years in the period ended December 31, 2015. See Note 1 for additional information on the realignment of IAC's reportable segments.
Schedule of Intangible Assets with Definite Lives
Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2015 and 2014, intangible assets with definite lives are as follows:
 
December 31, 2015
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted-Average
Useful Life
(Years)
 
(In thousands)
 
 
Content
$
62,082

 
$
(48,937
)
 
$
13,145

 
4.1
Technology
55,487

 
(37,012
)
 
18,475

 
3.2
Trade names
32,123

 
(26,268
)
 
5,855

 
2.5
Customer lists
28,836

 
(13,078
)
 
15,758

 
2.1
Advertiser and supplier relationships and other
15,709

 
(8,251
)
 
7,458

 
4.2
Total
$
194,237

 
$
(133,546
)
 
$
60,691

 
3.3

 
December 31, 2014
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted-Average
Useful Life
(Years)
 
(In thousands)
 
 
Content
$
62,602

 
$
(36,988
)
 
$
25,614

 
4.1
Technology
54,981

 
(20,988
)
 
33,993

 
3.2
Trade names
30,110

 
(21,681
)
 
8,429

 
2.6
Customer lists
24,566

 
(14,050
)
 
10,516

 
2.6
Advertiser and supplier relationships
13,380

 
(5,230
)
 
8,150

 
4.0
Total
$
185,639

 
$
(98,937
)
 
$
86,702

 
3.4
Schedule of Expected Amortization of Intangible Assets
At December 31, 2015, amortization of intangible assets with definite lives for each of the next five years is estimated to be as follows:
Years Ending December 31,
(In thousands)
2016
$
39,153

2017
14,880

2018
5,205

2019
953

2020
500

Total
$
60,691