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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue $ 3,139,882 $ 3,230,933 $ 3,109,547
Operating costs and expenses:      
Cost of revenue (exclusive of depreciation shown separately below) 755,730 778,161 860,204
Selling and marketing expense 1,245,263 1,345,576 1,147,409
General and administrative expense 547,160 525,629 443,610
Product development expense 197,885 185,766 160,515
Depreciation 71,676 62,205 61,156
Amortization of intangibles 79,426 139,952 57,926
Goodwill impairment 275,367 14,056 0
Total operating costs and expenses 3,172,507 3,051,345 2,730,820
Operating (loss) income (32,625) 179,588 378,727
Interest expense (109,110) (73,636) (56,314)
Other income (expense), net 60,461 36,921 (52,484)
(Loss) earnings from continuing operations before income taxes (81,274) 142,873 269,929
Income tax benefit (provision) 64,934 (29,516) (35,372)
(Loss) earnings from continuing operations (16,340) 113,357 234,557
Earnings from discontinued operations, net of tax 189 17 174,673
Net (loss) earnings (16,151) 113,374 409,230
Net (earnings) loss attributable to noncontrolling interests (25,129) 6,098 5,643
Net (loss) earnings attributable to IAC shareholders $ (41,280) $ 119,472 $ 414,873
Per share information attributable to IAC shareholders:      
Basic (loss) earnings per share from continuing operations (in usd per share) $ (0.52) $ 1.44 $ 2.88
Diluted (loss) earnings per share from continuing operations (in usd per share) (0.52) 1.33 2.71
Basic (loss) earnings per share (in usd per share) (0.52) 1.44 4.98
Diluted (loss) earnings per share (in usd per share) (0.52) 1.33 4.68
Dividends declared per share (in usd per share) $ 0 $ 1.36 $ 1.16
Stock-based compensation expense by function:      
Stock-based compensation expense $ 104,820 $ 105,450 $ 59,634
Cost of revenue      
Stock-based compensation expense by function:      
Stock-based compensation expense 2,305 1,210 949
Selling and marketing expense      
Stock-based compensation expense by function:      
Stock-based compensation expense 6,000 10,186 2,144
General and administrative expense      
Stock-based compensation expense by function:      
Stock-based compensation expense 77,151 82,798 49,862
Product development expense      
Stock-based compensation expense by function:      
Stock-based compensation expense $ 19,364 $ 11,256 $ 6,679