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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue $ 3,307,239 $ 3,139,882 $ 3,230,933
Operating costs and expenses:      
Cost of revenue (exclusive of depreciation shown separately below) 651,008 755,730 778,161
Selling and marketing expense 1,381,221 1,247,097 1,348,293
General and administrative expense 719,257 530,446 512,055
Product development expense 250,879 212,765 196,623
Depreciation 74,265 71,676 62,205
Amortization of intangibles 42,143 79,426 139,952
Goodwill impairment 0 275,367 14,056
Total operating costs and expenses 3,118,773 3,172,507 3,051,345
Operating income (loss) 188,466 (32,625) 179,588
Interest expense (105,295) (109,110) (73,636)
Other (expense) income, net (16,213) 60,650 36,938
Earnings (loss) before income taxes 66,958 (81,085) 142,890
Income tax benefit (provision) 291,050 64,934 (29,516)
Net earnings (loss) 358,008 (16,151) 113,374
Net (earnings) loss attributable to noncontrolling interests (53,084) (25,129) 6,098
Net earnings (loss) attributable to IAC shareholders $ 304,924 $ (41,280) $ 119,472
Per share information attributable to IAC shareholders:      
Basic earnings (loss) per share (USD per share) $ 3.81 $ (0.52) $ 1.44
Diluted earnings (loss) per share (USD per share) 3.18 (0.52) 1.33
Dividends declared per share (in usd per share) $ 0 $ 0 $ 1.36
Stock-based compensation expense by function:      
Stock-based compensation expense $ 264,618 $ 104,820 $ 105,450
Cost of revenue      
Stock-based compensation expense by function:      
Stock-based compensation expense 1,881 2,305 1,210
Selling and marketing expense      
Stock-based compensation expense by function:      
Stock-based compensation expense 31,318 6,000 10,186
General and administrative expense      
Stock-based compensation expense by function:      
Stock-based compensation expense 192,957 77,151 82,798
Product development expense      
Stock-based compensation expense by function:      
Stock-based compensation expense $ 38,462 $ 19,364 $ 11,256