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QUARTERLY RESULTS (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Results
 
Quarter Ended
March 31(a)
 
Quarter Ended
June 30(a)
 
Quarter Ended
September 30(a)
 
Quarter Ended
December 31(b)
 
(In thousands, except per share data)
Year Ended December 31, 2015
 
 
 
 
 
 
 
Revenue
$
772,512

 
$
771,132

 
$
838,561

 
$
848,728

Cost of revenue
186,737

 
177,963

 
199,377

 
214,084

Operating income (expense)
35,119

 
62,769

 
87,130

 
(5,430
)
Earnings (loss) from continuing operations
21,863

 
57,885

 
65,026

 
(31,417
)
Earnings (loss) from discontinued operations, net of tax
125

 
(153
)
 
17

 
28

Net earnings (loss)
21,988

 
57,732

 
65,043

 
(31,389
)
Net earnings (loss) attributable to IAC shareholders
26,405

 
59,305

 
65,611

 
(31,849
)
Per share information attributable to IAC shareholders:
Basic earnings (loss) per share from continuing operations(e)
$
0.31

 
$
0.72

 
$
0.79

 
$
(0.38
)
Diluted earnings (loss) per share from continuing operations(e)
$
0.30

 
$
0.68

 
$
0.74

 
$
(0.38
)
Basic earnings (loss) per share(e)
$
0.32

 
$
0.72

 
$
0.79

 
$
(0.38
)
Diluted earnings (loss) per share(e)
$
0.30

 
$
0.68

 
$
0.74

 
$
(0.38
)
 
 
 
 
 
 
 
 
 
Quarter Ended
March 31(a)
 
Quarter Ended
June 30(a)(c)
 
Quarter Ended
September 30(a)(d)
 
Quarter Ended
December 31(a)
 
(In thousands, except per share data)
Year Ended December 31, 2014
 
 
 
 
 
 
 
Revenue
$
740,247

 
$
756,315

 
$
782,231

 
$
830,754

Cost of revenue
202,745

 
205,295

 
218,452

 
233,712

Operating income
71,712

 
95,690

 
100,953

 
110,372

Earnings (loss) from continuing operations
34,305

 
(17,995
)
 
150,261

 
67,986

(Loss) earnings from discontinued operations, net of tax
(814
)
 
(868
)
 
175,730

 
625

Net earnings (loss)
33,491

 
(18,863
)
 
325,991

 
68,611

Net earnings (loss) attributable to IAC shareholders
35,885

 
(17,996
)
 
326,812

 
70,172

Per share information attributable to IAC shareholders:
Basic earnings (loss) per share from continuing operations(e)
$
0.44

 
$
(0.21
)
 
$
1.81

 
$
0.83

Diluted earnings (loss) per share from continuing operations(e)
$
0.42

 
$
(0.21
)
 
$
1.70

 
$
0.78

Basic earnings (loss) per share(e)
$
0.44

 
$
(0.22
)
 
$
3.91

 
$
0.84

Diluted earnings (loss) per share(e)
$
0.41

 
$
(0.22
)
 
$
3.68

 
$
0.78

_______________________________________________________________________________

(a)
During the fourth quarter of 2015, certain expenses were reclassified between cost of revenue and selling and marketing expense. Accordingly, cost of revenue presented above for periods prior to the fourth quarter of 2015 differs from the amounts reflected in the Company’s quarterly reports on Form 10-Q for the first, second and third quarters of 2015 and 2014 and for the fourth quarter of 2014 reflected in the Company's annual report on Form 10-K.

(b)
The fourth quarter of 2015 includes after-tax impairment charges related to indefinite-lived intangible assets and goodwill of $55.3 million and $14.1 million, respectively.

(c)
The second quarter of 2014 includes an after-tax other-than-temporary impairment charge of $63.6 million related to the write-down of certain cost method investments to fair value.

(d)
(Loss) earnings from discontinued operations, net of tax, in the third quarter of 2014 includes the release of tax reserves as a result of the expiration of the statutes of limitations for federal income taxes for the years 2001 through 2009.

(e)
Quarterly per share amounts may not add to the related annual per share amount because of differences in the average common shares outstanding during each period