INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2011

INCOME TAXES

Schedule of U.S. and foreign earnings (loss) from continuing operations before income taxes

	Years Ended December 31,
	2011		2010		2009
	(In thousands)
U.S.	$	142,623	$	20,603	$	(1,046,009	)
Foreign		28,899		2,083		99,010
Total	$	171,522	$	22,686	$	(946,999	)

Schedule of (benefit) provision for income taxes attributable to continuing operations

	Years Ended December 31,
	2011			2010			2009
	(In thousands)
Current income tax provision (benefit):
Federal	$	49,450		$	27,271		$	(23,186	)
State		(26,510	)		7,785			2,744
Foreign		8,496			3,097			2,209
Current income tax provision (benefit)		31,436			38,153			(18,233	)
Deferred income tax (benefit) provision:
Federal		(23,293	)		(7,031	)		29,287
State		639			1,646			(769	)
Foreign		(12,829	)		(689	)		(811	)
Deferred income tax (benefit) provision		(35,483	)		(6,074	)		27,707
Income tax (benefit) provision	$	(4,047	)	$	32,079		$	9,474

Schedule of tax effects of cumulative temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities

	December 31,
	2011			2010
	(In thousands)
Deferred tax assets:
Accrued expenses	$	25,130		$	18,361
Net operating loss carryforwards		31,000			35,298
Tax credit carryforwards		10,518			12,765
Stock-based compensation		84,543			68,633
Income tax reserves, including related interest		57,016			64,191
Intangible and other assets		—			10,339
Equity method investments		12,850			—
Other		22,490			32,103
Total deferred tax assets		243,547			241,690
Less valuation allowance		(45,084	)		(40,266	)
Net deferred tax assets		198,463			201,424
Deferred tax liabilities:
Property and equipment		(16,264	)		(16,648	)
Investment in subsidiaries		(374,282	)		(378,704	)
Intangible and other assets		(56,597	)		—
Equity method investments		—			(32,601	)
Other		(11,437	)		(8,124	)
Total deferred tax liabilities		(458,580	)		(436,077	)
Net deferred tax liability	$	(260,117	)	$	(234,653	)

Schedule of reconciliation of income tax (benefit) provision to amounts computed by applying statutory federal income tax rate to earnings (loss) from continuing operations before income taxes

	Years Ended December 31,
	2011			2010			2009
	(In thousands)
Income tax provision (benefit) at the federal statutory rate of 35%	$	60,033		$	7,940		$	(331,450	)
Release of deferred tax liability associated with investment in Meetic		(43,696	)		—			—
Change in tax reserves, net		(15,493	)		8,696			14,558
Foreign income taxed at a different statutory tax rate		(11,774	)		(4,957	)		(182	)
Net adjustment related to the reconciliation of income tax provision (benefit) accruals to tax returns		(7,298	)		(38	)		(370	)
Federal valuation allowance on equity method investments		4,595			2,420			1,947
State income taxes, net of effect of federal tax benefit		5,592			5,310			1,916
Foreign tax credits		(1,076	)		(5,255	)		(5,200	)
Non-deductible impairments of goodwill and intangible assets		—			13,661			315,886
Non-deductible goodwill associated with the sale of Match Europe		—			—			9,175
Other, net		5,070			4,302			3,194
Income tax (benefit) provision	$	(4,047	)	$	32,079		$	9,474

Schedule of reconciliation of beginning and ending amount of unrecognized tax benefits, excluding interest

	December 31,
	2011			2010			2009
	(In thousands)
Balance at January 1	$	389,909		$	394,294		$	372,633
Additions based on tax positions related to the current year		1,749			3,060			2,333
Additions for tax positions of prior years		9,560			9,897			35,432
Reductions for tax positions of prior years		(26,595	)		(13,164	)		(14,991	)
Settlements		(16,810	)		(1,025	)		(1,113	)
Expiration of applicable statute of limitations		(6,252	)		(3,153	)		—
Balance at December 31	$	351,561		$	389,909		$	394,294