XML 56 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)
6 Months Ended
Jun. 30, 2011
CONSOLIDATED FINANCIAL STATEMENT DETAILS  
Schedule of property and equipment, net
 
  June 30,
2011
  December 31,
2010
 
 
  (In thousands)
 

Buildings and leasehold improvements

  $ 234,606   $ 234,328  

Computer equipment and capitalized software

    191,260     183,055  

Furniture and other equipment

    41,568     41,930  

Projects in progress

    6,116     2,944  

Land

    5,117     5,117  
           

 

    478,667     467,374  

Less: accumulated depreciation and amortization

    (217,549 )   (199,446 )
           
 

Property and equipment, net

  $ 261,118   $ 267,928  
 
Schedule of redeemable noncontrolling interests
 
  June 30,
2011
  December 31,
2010
 
 
  (In thousands)
 

Balance at January 1

  $ 59,869   $ 28,180  

Purchase of non-controlling interests

    (5,652 )    

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

    80     79  

Net earnings (loss) attributable to noncontrolling interests

    868     (5,007 )

Change in fair value of redeemable noncontrolling interests

    1,389     (2,059 )

Change in foreign currency translation adjustment

    126     (267 )

Other

    (198 )   (390 )
           
 

Balance at end of period

  $ 56,482   $ 59,869  
 
Schedule of accumulated other comprehensive income
 
  June 30,
2011
  December 31,
2010
 
 
  (In thousands)
 

Foreign currency translation adjustment, net of tax

  $ 25,889   $ 16,027  

Unrealized gains on available-for-sale securities, net of tax

    36,335     1,519  
           
 

Accumulated other comprehensive income, net of tax

  $ 62,224   $ 17,546  
 
Schedule of other income (expense), net
 
  Three Months Ended
June 30,
  Six Months Ended
June 30,
 
 
  2011   2010   2011   2010  
 
  (In thousands)
 

Interest income

  $ 1,150   $ 1,666   $ 2,452   $ 3,301  

Interest expense

    (1,355 )   (1,323 )   (2,710 )   (2,646 )

Gain on sales of investments

    698         1,544     3,989  

Non-income tax refunds related to Match Europe, which was sold in 2009

    4,630         4,630      

Other

    514     (240 )   473     695  
                   
 

Other income, net

  $ 5,637   $ 103   $ 6,389   $ 5,339  
Schedule of comprehensive income (loss)
 
  Three Months Ended
June 30,
  Six Months Ended
June 30,
 
 
  2011   2010   2011   2010  
 
  (In thousands)
 

Net earnings (loss) attributable to IAC shareholders

  $ 42,424   $ 13,591   $ 60,494   $ (5,114 )
                   

Change in foreign currency translation adjustment, net of tax

    8,934     (8,990 )   9,862     (13,663 )

Change in net unrealized gains (losses) on available-for-sale securities, net of tax

    32,447     (2,533 )   34,816     (7,742 )
                   

Other comprehensive income (loss)

    41,381     (11,523 )   44,678     (21,405 )
                   
 

Comprehensive income (loss)

  $ 83,805   $ 2,068   $ 105,172   $ (26,519 )