GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

GOODWILL AND INTANGIBLE ASSETS

Schedule of goodwill and intangible assets, net

	December 31,
	2011		2010
	(In thousands)
Goodwill	$	1,358,524	$	989,493
Intangible assets with indefinite lives		351,488		237,021
Intangible assets with definite lives, net		26,619		8,023
Total goodwill and intangible assets, net	$	1,736,631	$	1,234,537

Schedule of goodwill by reporting unit, including the changes in the carrying value

	Balance as of December 31, 2010		Additions		(Deductions)			Foreign Exchange Translation			Balance as of December 31, 2011
	(In thousands)
IAC Search & Media	$	526,681	$	—	$	(237	)	$	—		$	526,444
Search & Applications		526,681		—		(237	)		—			526,444
Match		297,974		397,115		—			(28,016	)		667,073
HomeAdvisor		109,917		—		(3	)		33			109,947
CityGrid Media		17,450		301		—			—			17,751
Local		127,367		301		(3	)		33			127,698
Connected Ventures		8,436		—		(169	)		—			8,267
DailyBurn		7,323		—		—			—			7,323
Media		15,759		—		(169	)		—			15,590
Shoebuy		21,712		7		—			—			21,719
Other		21,712		7		—			—			21,719
Total	$	989,493	$	397,423	$	(409	)	$	(27,983	)	$	1,358,524

	Balance as of December 31, 2009		Additions		(Deductions)			Impairment			Foreign Exchange Translation			Balance as of December 31, 2010
	(In thousands)
IAC Search & Media	$	527,604	$	—	$	(923	)	$	—		$	—		$	526,681
Search & Applications		527,604		—		(923	)		—			—			526,681
Match		253,812		37,375		—			—			6,787			297,974
HomeAdvisor		110,689		—		—			—			(772	)		109,917
CityGrid Media		17,450		—		—			—			—			17,450
Local		128,139		—		—			—			(772	)		127,367
Connected Ventures		8,436		—		—			—			—			8,436
DailyBurn		—		7,323		—			—			—			7,323
Media		8,436		7,323		—			—			—			15,759
Shoebuy		49,744		—		—			(28,032	)		—			21,712
Other		49,744		—		—			(28,032	)		—			21,712
Total	$	967,735	$	44,698	$	(923	)	$	(28,032	)	$	6,015		$	989,493

Schedule of intangible assets with definite lives

	Cost		Accumulated Amortization			Net		Weighted-Average Amortization Life (Years)
	(In thousands)
Customer lists	$	18,050	$	(8,837	)	$	9,213		1.0
Technology		16,145		(3,858	)		12,287		2.2
Supplier agreements		8,946		(5,298	)		3,648		6.4
Other		6,063		(4,592	)		1,471		3.4
Total	$	49,204	$	(22,585	)	$	26,619		2.6

	Cost		Accumulated Amortization			Net		Weighted-Average Amortization Life (Years)
	(In thousands)
Supplier agreements	$	7,100	$	(4,668	)	$	2,432		6.7
Customer lists		5,534		(5,298	)		236		1.3
Technology		3,100		(1,817	)		1,283		3.0
Other		8,871		(4,799	)		4,072		4.2
Total	$	24,605	$	(16,582	)	$	8,023		4.1

Schedule of expected amortization of intangible assets with definite-lives

Years Ending December 31,	(In thousands)
2012	$	18,712
2013		6,176
2014		669
2015		607
2016		455
	$	26,619