XML 68 R54.htm IDEA: XBRL DOCUMENT v3.19.2
SEGMENT INFORMATION - Reconciliation of Operating Income (Loss) to Adjusted EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income $ 154,310 $ 168,437 $ 234,183 $ 258,387
Stock-based compensation expense 62,425 57,561 129,869 116,643
Depreciation 21,091 18,805 40,062 38,062
Amortization of intangibles 19,638 20,188 42,390 40,141
Interest expense (37,206) (27,356) (68,349) (53,861)
Other income, net 45,972 171,141 46,623 166,522
Earnings before income taxes 163,076 312,222 212,457 371,048
Income tax benefit (provision) (16,285) (31,368) 47,319 (2,355)
Net earnings 146,791 280,854 259,776 368,693
Net earnings attributable to noncontrolling interests (33,324) (62,501) (57,614) (79,258)
Net earnings attributable to IAC shareholders 113,467 218,353 202,162 289,435
Operating segments | Match Group        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income 172,898 150,165 291,726 262,398
Stock-based compensation expense 22,015 16,706 50,012 33,669
Depreciation 8,197 8,399 16,028 16,546
Amortization of intangibles 412 237 823 479
Acquisition-related Contingent Consideration Fair Value Adjustments 0 54 0 210
Adjusted EBITDA 203,522 175,561 358,589 313,302
Operating segments | ANGI Homeservices        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income 11,403 23,262 7,762 12,506
Stock-based compensation expense 17,520 22,053 36,802 46,959
Depreciation 8,796 5,886 15,795 12,070
Amortization of intangibles 13,713 15,778 28,252 32,084
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0 0 0
Adjusted EBITDA 51,432 66,979 88,611 103,619
Operating segments | Vimeo        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income (11,616) (9,593) (29,400) (19,341)
Stock-based compensation expense 0 0 0 0
Depreciation 132 321 325 656
Amortization of intangibles 2,020 1,641 3,411 3,270
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0 0 0
Adjusted EBITDA (9,464) (7,631) (25,664) (15,415)
Operating segments | Dotdash        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income 7,010 1,339 10,057 4,530
Stock-based compensation expense 0 0 0 0
Depreciation 218 246 444 495
Amortization of intangibles 1,147 409 5,024 818
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0 0 0
Adjusted EBITDA 8,375 1,994 15,525 5,843
Operating segments | Applications        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income 20,967 33,077 46,323 58,538
Stock-based compensation expense 0 0 0 0
Depreciation 389 773 808 1,528
Amortization of intangibles 2,346 1,554 4,730 2,090
Acquisition-related Contingent Consideration Fair Value Adjustments 1,617 0 3,146 0
Adjusted EBITDA 25,319 35,404 55,007 62,156
Operating segments | Emerging & Other        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income (1,789) 6,079 (4,309) 12,572
Stock-based compensation expense 0 1,293 0 1,424
Depreciation 272 349 547 1,102
Amortization of intangibles 0 569 150 1,400
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0 0 0
Adjusted EBITDA (1,517) 8,290 (3,612) 16,498
Corporate        
Segment Reporting, Other Significant Reconciling Item [Line Items]        
Operating income (44,563) (35,892) (87,976) (72,816)
Stock-based compensation expense 22,890 17,509 43,055 34,591
Depreciation 3,087 2,831 6,115 5,665
Amortization of intangibles 0 0 0 0
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0 0 0
Adjusted EBITDA $ (18,586) $ (15,552) $ (38,806) $ (32,560)