CONSOLIDATED FINANCIAL STATEMENT DETAILS

3 Months Ended

Mar. 31, 2011

CONSOLIDATED FINANCIAL STATEMENT DETAILS

CONSOLIDATED FINANCIAL STATEMENT DETAILS

NOTE 2—CONSOLIDATED FINANCIAL STATEMENT DETAILS

Property and equipment, net

		March 31, 2011			December 31, 2010
		(In thousands)
Buildings and leasehold improvements		$	234,483		$	234,328
Computer equipment and capitalized software			184,441			183,055
Furniture and other equipment			41,394			41,930
Projects in progress			3,203			2,944
Land			5,117			5,117
			468,638			467,374
Less: accumulated depreciation and amortization			(206,069	)		(199,446	)
	Property and equipment, net	$	262,569		$	267,928

Redeemable noncontrolling interests

		March 31, 2011		December 31, 2010
		(In thousands)
Balance at January 1		$	59,869	$	28,180
Noncontrolling interests related to acquisitions			—		23,583
Noncontrolling interest created by a decrease in the ownership of a subsidiary			—		15,750
Contribution from owners of noncontrolling interests			20		79
Net earnings (loss) attributable to noncontrolling interests			150		(5,007	)
Change in fair value of redeemable noncontrolling interests			—		(2,059	)
Change in foreign currency translation adjustment			78		(267	)
Other			—		(390	)
	Balance at end of period	$	60,117	$	59,869

Accumulated other comprehensive income

		March 31, 2011		December 31, 2010
		(In thousands)
Foreign currency translation adjustment, net of tax		$	16,955	$	16,027
Unrealized gains on available-for-sale securities, net of tax			3,888		1,519
	Accumulated other comprehensive income, net of tax	$	20,843	$	17,546

Other income (expense), net

		Three Months Ended March 31,
		2011			2010
		(In thousands)
Interest income		$	1,302		$	1,635
Interest expense			(1,355	)		(1,323	)
Gain on sales of investments			846			3,989
Other			(41	)		935
	Other income, net	$	752		$	5,236

Comprehensive income (loss)

		Three Months Ended March 31,
		2011		2010
		(In thousands)
Net earnings (loss) attributable to IAC shareholders		$	18,070	$	(18,705	)
Change in foreign currency translation adjustment, net of tax			928		(4,673	)
Change in net unrealized gains (losses) on available-for-sale securities, net of tax			2,369		(5,209	)
Other comprehensive income (loss)			3,297		(9,882	)
	Comprehensive income (loss)	$	21,367	$	(28,587	)

        The specific-identification method is used to determine the cost of securities sold and the amount of unrealized gains and losses reclassified out of accumulated other comprehensive income into earnings. The amount of unrealized gains, net of tax, reclassified out of accumulated other comprehensive income into earnings related to the sales and maturities of available-for-sale securities for the three months ended March 31, 2011 and 2010 were $0.1 million and $2.5 million, respectively.