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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share attributable to IAC shareholders.
 
Three Months Ended March 31,
 
2017
 
2016
 
Basic
 
Diluted
 
Basic
 
Diluted
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net earnings
$
28,463

 
$
28,463

 
$
7,934

 
$
7,934

Net (earnings) loss attributable to noncontrolling interests
(2,254
)
 
(2,254
)
 
348

 
348

Impact from Match Group's dilutive securities(a)
—

 
(2,430
)
 
—

 
(514
)
Net earnings attributable to IAC shareholders
$
26,209

 
$
23,779

 
$
8,282

 
$
7,768

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average basic shares outstanding
78,193

 
78,193

 
82,027

 
82,027

Dilutive securities including subsidiary denominated equity, stock options and RSUs(b)(c)
—

 
4,311

 
—

 
2,798

Denominator for earnings per share—weighted average shares(b)(c)
78,193

 
82,504

 
82,027

 
84,825

 
 
 
 
 
 
 
 
Earnings per share attributable to IAC shareholders:
 
 
 
 
 
 
 
Earnings per share
$
0.34

 
$
0.29

 
$
0.10

 
$
0.09

________________________
(a) 
Represents the impact on earnings related to Match Group's dilutive securities under the if-converted method.
(b) 
If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of subsidiary denominated equity, stock options and vesting of restricted stock units ("RSUs"). For the three months ended March 31, 2017 and 2016, 2.0 million and 3.9 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.
(c) 
Market-based awards and performance-based stock units (“PSUs”) are considered contingently issuable shares. Market-based awards and PSUs are included in the denominator for earnings per share if (i) the applicable market or performance condition(s) has been met and (ii) the inclusion of the market-based awards and PSUs are dilutive for the respective reporting periods. For the three months ended March 31, 2017 and 2016, 0.4 million and 1.0 million market-based awards and PSUs, respectively, were excluded from the calculation of diluted earnings per share because the market or performance conditions had not been met.