|
GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Details2) (USD $) In Thousands, unless otherwise specified
|
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2013
|
Jun. 30, 2012
|
Jun. 30, 2013
|
Jun. 30, 2012
|
| Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
| Revenue |
$ 799,411 |
$ 680,612 |
$ 1,541,660 |
$ 1,321,212 |
| Costs and expenses: |
|
|
|
|
| Cost of revenue (exclusive of depreciation shown separately below) |
272,822 |
237,304 |
528,671 |
460,604 |
| Selling and marketing expense |
247,153 |
211,252 |
490,067 |
430,038 |
| General and administrative expense |
103,515 |
89,639 |
199,239 |
178,111 |
| Product development expense |
34,052 |
26,911 |
69,169 |
55,032 |
| Depreciation |
17,036 |
12,225 |
31,052 |
24,340 |
| Amortization of intangibles |
18,137 |
5,805 |
32,215 |
12,846 |
| Total costs and expenses |
692,715 |
583,136 |
1,350,413 |
1,160,971 |
| Operating income |
106,696 |
97,476 |
191,247 |
160,241 |
| Equity in losses of unconsolidated affiliates |
(1,078) |
(19,009) |
(1,169) |
(24,910) |
| Interest expense |
(7,658) |
(1,364) |
(15,321) |
(2,711) |
| Other (expense) income, net |
(4) |
(368) |
1,654 |
2,388 |
| Earnings from continuing operations before income taxes |
97,956 |
76,735 |
176,411 |
135,008 |
| Income tax provision |
(39,416) |
(28,634) |
(65,162) |
(55,754) |
| Earnings from continuing operations |
58,540 |
48,101 |
111,249 |
79,254 |
| Loss from discontinued operations, net of tax |
(1,068) |
(4,641) |
(2,012) |
(957) |
| Net earnings |
57,472 |
43,460 |
109,237 |
78,297 |
| Net loss (earnings) attributable to noncontrolling interests |
818 |
(128) |
2,690 |
(487) |
| Net earnings attributable to IAC shareholders |
58,290 |
43,332 |
111,927 |
77,810 |
| Comprehensive income attributable to IAC shareholders |
70,199 |
9,319 |
111,909 |
74,693 |
|
IAC
|
|
|
|
|
| Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
| Revenue |
0 |
0 |
0 |
0 |
| Costs and expenses: |
|
|
|
|
| Cost of revenue (exclusive of depreciation shown separately below) |
549 |
1,299 |
1,226 |
2,693 |
| Selling and marketing expense |
710 |
869 |
1,141 |
1,772 |
| General and administrative expense |
23,582 |
28,721 |
45,827 |
58,060 |
| Product development expense |
867 |
1,447 |
1,766 |
2,823 |
| Depreciation |
344 |
145 |
711 |
292 |
| Amortization of intangibles |
0 |
0 |
0 |
0 |
| Total costs and expenses |
26,052 |
32,481 |
50,671 |
65,640 |
| Operating income |
(26,052) |
(32,481) |
(50,671) |
(65,640) |
| Equity in losses of unconsolidated affiliates |
75,927 |
108,333 |
190,477 |
206,198 |
| Interest expense |
(6,515) |
(277) |
(13,072) |
(555) |
| Other (expense) income, net |
3,109 |
(104,077) |
(52,339) |
(208,564) |
| Earnings from continuing operations before income taxes |
46,469 |
(28,502) |
74,395 |
(68,561) |
| Income tax provision |
12,889 |
76,475 |
39,544 |
147,328 |
| Earnings from continuing operations |
59,358 |
47,973 |
113,939 |
78,767 |
| Loss from discontinued operations, net of tax |
(1,068) |
(4,641) |
(2,012) |
(957) |
| Net earnings |
58,290 |
43,332 |
111,927 |
77,810 |
| Net loss (earnings) attributable to noncontrolling interests |
0 |
0 |
0 |
0 |
| Net earnings attributable to IAC shareholders |
58,290 |
43,332 |
111,927 |
77,810 |
| Comprehensive income attributable to IAC shareholders |
70,199 |
9,319 |
111,909 |
74,693 |
|
Guarantor Subsidiaries
|
|
|
|
|
| Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
| Revenue |
553,406 |
473,580 |
1,069,190 |
933,251 |
| Costs and expenses: |
|
|
|
|
| Cost of revenue (exclusive of depreciation shown separately below) |
156,703 |
136,869 |
310,375 |
278,845 |
| Selling and marketing expense |
187,543 |
160,409 |
358,210 |
319,751 |
| General and administrative expense |
44,015 |
35,333 |
84,167 |
71,117 |
| Product development expense |
23,284 |
18,514 |
46,098 |
38,965 |
| Depreciation |
11,380 |
8,673 |
20,381 |
17,643 |
| Amortization of intangibles |
12,157 |
596 |
21,067 |
1,226 |
| Total costs and expenses |
435,082 |
360,394 |
840,298 |
727,547 |
| Operating income |
118,324 |
113,186 |
228,892 |
205,704 |
| Equity in losses of unconsolidated affiliates |
8,540 |
14,025 |
11,311 |
18,185 |
| Interest expense |
(1,078) |
(1,065) |
(2,143) |
(2,130) |
| Other (expense) income, net |
(9,627) |
(3,072) |
(28,357) |
(1,791) |
| Earnings from continuing operations before income taxes |
116,159 |
123,074 |
209,703 |
219,968 |
| Income tax provision |
(41,871) |
(38,459) |
(75,454) |
(75,075) |
| Earnings from continuing operations |
74,288 |
84,615 |
134,249 |
144,893 |
| Loss from discontinued operations, net of tax |
0 |
0 |
0 |
0 |
| Net earnings |
74,288 |
84,615 |
134,249 |
144,893 |
| Net loss (earnings) attributable to noncontrolling interests |
404 |
21 |
412 |
37 |
| Net earnings attributable to IAC shareholders |
74,692 |
84,636 |
134,661 |
144,930 |
| Comprehensive income attributable to IAC shareholders |
74,628 |
84,400 |
134,523 |
144,720 |
|
Non-Guarantor Subsidiaries
|
|
|
|
|
| Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
| Revenue |
247,164 |
208,759 |
474,666 |
391,011 |
| Costs and expenses: |
|
|
|
|
| Cost of revenue (exclusive of depreciation shown separately below) |
116,570 |
100,489 |
218,849 |
181,389 |
| Selling and marketing expense |
59,052 |
50,353 |
131,125 |
109,258 |
| General and administrative expense |
35,925 |
25,580 |
69,253 |
48,918 |
| Product development expense |
9,901 |
6,950 |
21,305 |
13,244 |
| Depreciation |
5,312 |
3,407 |
9,960 |
6,405 |
| Amortization of intangibles |
5,980 |
5,209 |
11,148 |
11,620 |
| Total costs and expenses |
232,740 |
191,988 |
461,640 |
370,834 |
| Operating income |
14,424 |
16,771 |
13,026 |
20,177 |
| Equity in losses of unconsolidated affiliates |
(132) |
(18,659) |
(223) |
(22,712) |
| Interest expense |
(65) |
(22) |
(106) |
(26) |
| Other (expense) income, net |
6,514 |
106,781 |
82,350 |
212,743 |
| Earnings from continuing operations before income taxes |
20,741 |
104,871 |
95,047 |
210,182 |
| Income tax provision |
(10,434) |
(66,650) |
(29,252) |
(128,007) |
| Earnings from continuing operations |
10,307 |
38,221 |
65,795 |
82,175 |
| Loss from discontinued operations, net of tax |
4 |
718 |
11 |
258 |
| Net earnings |
10,311 |
38,939 |
65,806 |
82,433 |
| Net loss (earnings) attributable to noncontrolling interests |
414 |
(149) |
2,278 |
(524) |
| Net earnings attributable to IAC shareholders |
10,725 |
38,790 |
68,084 |
81,909 |
| Comprehensive income attributable to IAC shareholders |
5,227 |
16,287 |
46,494 |
65,560 |
|
Total Eliminations
|
|
|
|
|
| Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
| Revenue |
(1,159) |
(1,727) |
(2,196) |
(3,050) |
| Costs and expenses: |
|
|
|
|
| Cost of revenue (exclusive of depreciation shown separately below) |
(1,000) |
(1,353) |
(1,779) |
(2,323) |
| Selling and marketing expense |
(152) |
(379) |
(409) |
(743) |
| General and administrative expense |
(7) |
5 |
(8) |
16 |
| Product development expense |
0 |
0 |
0 |
0 |
| Depreciation |
0 |
0 |
0 |
0 |
| Amortization of intangibles |
0 |
0 |
0 |
0 |
| Total costs and expenses |
(1,159) |
(1,727) |
(2,196) |
(3,050) |
| Operating income |
0 |
0 |
0 |
0 |
| Equity in losses of unconsolidated affiliates |
(85,413) |
(122,708) |
(202,734) |
(226,581) |
| Interest expense |
0 |
0 |
0 |
0 |
| Other (expense) income, net |
0 |
0 |
0 |
0 |
| Earnings from continuing operations before income taxes |
(85,413) |
(122,708) |
(202,734) |
(226,581) |
| Income tax provision |
0 |
0 |
0 |
0 |
| Earnings from continuing operations |
(85,413) |
(122,708) |
(202,734) |
(226,581) |
| Loss from discontinued operations, net of tax |
(4) |
(718) |
(11) |
(258) |
| Net earnings |
(85,417) |
(123,426) |
(202,745) |
(226,839) |
| Net loss (earnings) attributable to noncontrolling interests |
0 |
0 |
0 |
0 |
| Net earnings attributable to IAC shareholders |
(85,417) |
(123,426) |
(202,745) |
(226,839) |
| Comprehensive income attributable to IAC shareholders |
(79,855) |
(100,687) |
(181,017) |
(210,280) |
|
IAC Consolidated
|
|
|
|
|
| Condensed Financial Statements, Captions [Line Items] |
|
|
|
|
| Revenue |
799,411 |
680,612 |
1,541,660 |
1,321,212 |
| Costs and expenses: |
|
|
|
|
| Cost of revenue (exclusive of depreciation shown separately below) |
272,822 |
237,304 |
528,671 |
460,604 |
| Selling and marketing expense |
247,153 |
211,252 |
490,067 |
430,038 |
| General and administrative expense |
103,515 |
89,639 |
199,239 |
178,111 |
| Product development expense |
34,052 |
26,911 |
69,169 |
55,032 |
| Depreciation |
17,036 |
12,225 |
31,052 |
24,340 |
| Amortization of intangibles |
18,137 |
5,805 |
32,215 |
12,846 |
| Total costs and expenses |
692,715 |
583,136 |
1,350,413 |
1,160,971 |
| Operating income |
106,696 |
97,476 |
191,247 |
160,241 |
| Equity in losses of unconsolidated affiliates |
(1,078) |
(19,009) |
(1,169) |
(24,910) |
| Interest expense |
(7,658) |
(1,364) |
(15,321) |
(2,711) |
| Other (expense) income, net |
(4) |
(368) |
1,654 |
2,388 |
| Earnings from continuing operations before income taxes |
97,956 |
76,735 |
176,411 |
135,008 |
| Income tax provision |
(39,416) |
(28,634) |
(65,162) |
(55,754) |
| Earnings from continuing operations |
58,540 |
48,101 |
111,249 |
79,254 |
| Loss from discontinued operations, net of tax |
(1,068) |
(4,641) |
(2,012) |
(957) |
| Net earnings |
57,472 |
43,460 |
109,237 |
78,297 |
| Net loss (earnings) attributable to noncontrolling interests |
818 |
(128) |
2,690 |
(487) |
| Net earnings attributable to IAC shareholders |
58,290 |
43,332 |
111,927 |
77,810 |
| Comprehensive income attributable to IAC shareholders |
$ 70,199 |
$ 9,319 |
$ 111,909 |
$ 74,693 |