|
GUARANTOR AND NONGUARANTOR FINANCIAL INFORMATION (Details 2) (USD $) In Thousands, unless otherwise specified
|
3 Months Ended |
12 Months Ended |
|
Dec. 31, 2013
|
Sep. 30, 2013
|
Jun. 30, 2013
|
Mar. 31, 2013
|
Dec. 31, 2012
|
Sep. 30, 2012
|
Jun. 30, 2012
|
Mar. 31, 2012
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Condensed Income Statements, Captions [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
$ 724,455 |
$ 756,872 |
$ 799,411 |
$ 742,249 |
$ 765,251 |
$ 714,470 |
$ 680,612 |
$ 640,600 |
$ 3,022,987 |
$ 2,800,933 |
$ 2,059,444 |
| Cost of revenue |
222,574 |
248,856 |
272,822 |
255,849 |
267,918 |
262,275 |
237,304 |
223,300 |
1,000,101 |
990,797 |
753,889 |
| Selling and marketing expense |
|
|
|
|
|
|
|
|
964,131 |
894,545 |
617,198 |
| General and administrative expense |
|
|
|
|
|
|
|
|
372,470 |
386,088 |
321,062 |
| Product development expense |
|
|
|
|
|
|
|
|
141,330 |
117,683 |
90,757 |
| Depreciation |
|
|
|
|
|
|
|
|
58,909 |
52,481 |
56,719 |
| Amortization of intangibles |
|
|
|
|
|
|
|
|
59,843 |
35,771 |
22,057 |
| Total costs and expenses |
|
|
|
|
|
|
|
|
2,596,784 |
2,477,365 |
1,861,682 |
| Operating income |
112,952 |
122,004 |
106,696 |
84,551 |
85,294 |
78,033 |
97,476 |
62,765 |
426,203 |
323,568 |
197,762 |
| Equity in losses of unconsolidated affiliates |
|
|
|
|
|
|
|
|
(6,615) |
(25,345) |
(36,300) |
| Interest expense |
|
|
|
|
|
|
|
|
(33,596) |
(6,149) |
(5,430) |
| Other income (expense), net |
|
|
|
|
|
|
|
|
30,309 |
(3,012) |
15,490 |
| Earnings from continuing operations before income taxes |
|
|
|
|
|
|
|
|
416,301 |
289,062 |
171,522 |
| Income tax (provision) benefit |
|
|
|
|
|
|
|
|
(134,502) |
(119,215) |
4,047 |
| Earnings from continuing operations |
78,829 |
91,721 |
58,540 |
52,709 |
44,408 |
46,185 |
48,101 |
31,153 |
281,799 |
169,847 |
175,569 |
| Earnings (loss) from discontinued operations, net of tax |
|
|
|
|
|
|
|
|
1,926 |
(9,051) |
(3,992) |
| Net earnings |
78,853 |
95,635 |
57,472 |
51,765 |
41,938 |
40,561 |
43,460 |
34,837 |
283,725 |
160,796 |
171,577 |
| Net loss (earnings) attributable to noncontrolling interests |
|
|
|
|
|
|
|
|
2,059 |
(1,530) |
2,656 |
| Net earnings attributable to IAC shareholders |
76,917 |
96,940 |
58,290 |
53,637 |
40,739 |
40,717 |
43,332 |
34,478 |
285,784 |
159,266 |
174,233 |
| Comprehensive income attributable to IAC shareholders |
|
|
|
|
|
|
|
|
304,907 |
139,540 |
144,244 |
|
IAC
|
|
|
|
|
|
|
|
|
|
|
|
| Condensed Income Statements, Captions [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
0 |
0 |
413 |
| Cost of revenue |
|
|
|
|
|
|
|
|
2,456 |
5,194 |
4,763 |
| Selling and marketing expense |
|
|
|
|
|
|
|
|
2,563 |
4,081 |
4,385 |
| General and administrative expense |
|
|
|
|
|
|
|
|
97,025 |
121,919 |
120,908 |
| Product development expense |
|
|
|
|
|
|
|
|
4,685 |
5,611 |
7,299 |
| Depreciation |
|
|
|
|
|
|
|
|
1,386 |
832 |
799 |
| Amortization of intangibles |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Total costs and expenses |
|
|
|
|
|
|
|
|
108,115 |
137,637 |
138,154 |
| Operating income |
|
|
|
|
|
|
|
|
(108,115) |
(137,637) |
(137,741) |
| Equity in losses of unconsolidated affiliates |
|
|
|
|
|
|
|
|
439,925 |
309,639 |
696,250 |
| Interest expense |
|
|
|
|
|
|
|
|
(29,417) |
(1,835) |
(1,111) |
| Other income (expense), net |
|
|
|
|
|
|
|
|
(35,331) |
(82,900) |
(732,588) |
| Earnings from continuing operations before income taxes |
|
|
|
|
|
|
|
|
267,062 |
87,267 |
(175,190) |
| Income tax (provision) benefit |
|
|
|
|
|
|
|
|
16,796 |
81,050 |
353,415 |
| Earnings from continuing operations |
|
|
|
|
|
|
|
|
283,858 |
168,317 |
178,225 |
| Earnings (loss) from discontinued operations, net of tax |
|
|
|
|
|
|
|
|
1,926 |
(9,051) |
(3,992) |
| Net earnings |
|
|
|
|
|
|
|
|
285,784 |
159,266 |
174,233 |
| Net loss (earnings) attributable to noncontrolling interests |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Net earnings attributable to IAC shareholders |
|
|
|
|
|
|
|
|
285,784 |
159,266 |
174,233 |
| Comprehensive income attributable to IAC shareholders |
|
|
|
|
|
|
|
|
304,907 |
139,540 |
144,244 |
|
Guarantor Subsidiaries
|
|
|
|
|
|
|
|
|
|
|
|
| Condensed Income Statements, Captions [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
2,183,969 |
1,986,527 |
1,552,508 |
| Cost of revenue |
|
|
|
|
|
|
|
|
597,350 |
594,631 |
493,480 |
| Selling and marketing expense |
|
|
|
|
|
|
|
|
768,270 |
669,448 |
500,118 |
| General and administrative expense |
|
|
|
|
|
|
|
|
167,795 |
155,123 |
136,511 |
| Product development expense |
|
|
|
|
|
|
|
|
100,734 |
83,008 |
70,219 |
| Depreciation |
|
|
|
|
|
|
|
|
38,938 |
35,544 |
44,940 |
| Amortization of intangibles |
|
|
|
|
|
|
|
|
40,277 |
10,958 |
3,593 |
| Total costs and expenses |
|
|
|
|
|
|
|
|
1,713,364 |
1,548,712 |
1,248,861 |
| Operating income |
|
|
|
|
|
|
|
|
470,605 |
437,815 |
303,647 |
| Equity in losses of unconsolidated affiliates |
|
|
|
|
|
|
|
|
62,402 |
37,866 |
29,607 |
| Interest expense |
|
|
|
|
|
|
|
|
(3,979) |
(4,174) |
(4,259) |
| Other income (expense), net |
|
|
|
|
|
|
|
|
(35,040) |
(3,733) |
2,689 |
| Earnings from continuing operations before income taxes |
|
|
|
|
|
|
|
|
493,988 |
467,774 |
331,684 |
| Income tax (provision) benefit |
|
|
|
|
|
|
|
|
(156,170) |
(146,333) |
(126,196) |
| Earnings from continuing operations |
|
|
|
|
|
|
|
|
337,818 |
321,441 |
205,488 |
| Earnings (loss) from discontinued operations, net of tax |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Net earnings |
|
|
|
|
|
|
|
|
337,818 |
321,441 |
205,488 |
| Net loss (earnings) attributable to noncontrolling interests |
|
|
|
|
|
|
|
|
411 |
206 |
60 |
| Net earnings attributable to IAC shareholders |
|
|
|
|
|
|
|
|
338,229 |
321,647 |
205,548 |
| Comprehensive income attributable to IAC shareholders |
|
|
|
|
|
|
|
|
339,094 |
322,418 |
205,895 |
|
Non-Guarantor Subsidiaries
|
|
|
|
|
|
|
|
|
|
|
|
| Condensed Income Statements, Captions [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
843,133 |
820,759 |
509,270 |
| Cost of revenue |
|
|
|
|
|
|
|
|
403,155 |
395,877 |
256,800 |
| Selling and marketing expense |
|
|
|
|
|
|
|
|
194,431 |
222,481 |
114,310 |
| General and administrative expense |
|
|
|
|
|
|
|
|
107,772 |
109,029 |
63,621 |
| Product development expense |
|
|
|
|
|
|
|
|
35,911 |
29,064 |
13,239 |
| Depreciation |
|
|
|
|
|
|
|
|
18,585 |
16,105 |
10,980 |
| Amortization of intangibles |
|
|
|
|
|
|
|
|
19,566 |
24,813 |
18,464 |
| Total costs and expenses |
|
|
|
|
|
|
|
|
779,420 |
797,369 |
477,414 |
| Operating income |
|
|
|
|
|
|
|
|
63,713 |
23,390 |
31,856 |
| Equity in losses of unconsolidated affiliates |
|
|
|
|
|
|
|
|
(303) |
(22,548) |
(32,866) |
| Interest expense |
|
|
|
|
|
|
|
|
(200) |
(140) |
(60) |
| Other income (expense), net |
|
|
|
|
|
|
|
|
100,680 |
83,621 |
745,389 |
| Earnings from continuing operations before income taxes |
|
|
|
|
|
|
|
|
163,890 |
84,323 |
744,319 |
| Income tax (provision) benefit |
|
|
|
|
|
|
|
|
4,872 |
(53,932) |
(223,172) |
| Earnings from continuing operations |
|
|
|
|
|
|
|
|
168,762 |
30,391 |
521,147 |
| Earnings (loss) from discontinued operations, net of tax |
|
|
|
|
|
|
|
|
(39) |
842 |
4,877 |
| Net earnings |
|
|
|
|
|
|
|
|
168,723 |
31,233 |
526,024 |
| Net loss (earnings) attributable to noncontrolling interests |
|
|
|
|
|
|
|
|
1,648 |
(1,736) |
2,596 |
| Net earnings attributable to IAC shareholders |
|
|
|
|
|
|
|
|
170,371 |
29,497 |
528,620 |
| Comprehensive income attributable to IAC shareholders |
|
|
|
|
|
|
|
|
181,070 |
29,622 |
484,333 |
|
Total Eliminations
|
|
|
|
|
|
|
|
|
|
|
|
| Condensed Income Statements, Captions [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
(4,115) |
(6,353) |
(2,747) |
| Cost of revenue |
|
|
|
|
|
|
|
|
(2,860) |
(4,905) |
(1,154) |
| Selling and marketing expense |
|
|
|
|
|
|
|
|
(1,133) |
(1,465) |
(1,615) |
| General and administrative expense |
|
|
|
|
|
|
|
|
(122) |
17 |
22 |
| Product development expense |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Depreciation |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Amortization of intangibles |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Total costs and expenses |
|
|
|
|
|
|
|
|
(4,115) |
(6,353) |
(2,747) |
| Operating income |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Equity in losses of unconsolidated affiliates |
|
|
|
|
|
|
|
|
(508,639) |
(350,302) |
(729,291) |
| Interest expense |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Other income (expense), net |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Earnings from continuing operations before income taxes |
|
|
|
|
|
|
|
|
(508,639) |
(350,302) |
(729,291) |
| Income tax (provision) benefit |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Earnings from continuing operations |
|
|
|
|
|
|
|
|
(508,639) |
(350,302) |
(729,291) |
| Earnings (loss) from discontinued operations, net of tax |
|
|
|
|
|
|
|
|
39 |
(842) |
(4,877) |
| Net earnings |
|
|
|
|
|
|
|
|
(508,600) |
(351,144) |
(734,168) |
| Net loss (earnings) attributable to noncontrolling interests |
|
|
|
|
|
|
|
|
0 |
0 |
0 |
| Net earnings attributable to IAC shareholders |
|
|
|
|
|
|
|
|
(508,600) |
(351,144) |
(734,168) |
| Comprehensive income attributable to IAC shareholders |
|
|
|
|
|
|
|
|
(520,164) |
(352,040) |
(690,228) |
|
IAC Consolidated
|
|
|
|
|
|
|
|
|
|
|
|
| Condensed Income Statements, Captions [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
3,022,987 |
2,800,933 |
2,059,444 |
| Cost of revenue |
|
|
|
|
|
|
|
|
1,000,101 |
990,797 |
753,889 |
| Selling and marketing expense |
|
|
|
|
|
|
|
|
964,131 |
894,545 |
617,198 |
| General and administrative expense |
|
|
|
|
|
|
|
|
372,470 |
386,088 |
321,062 |
| Product development expense |
|
|
|
|
|
|
|
|
141,330 |
117,683 |
90,757 |
| Depreciation |
|
|
|
|
|
|
|
|
58,909 |
52,481 |
56,719 |
| Amortization of intangibles |
|
|
|
|
|
|
|
|
59,843 |
35,771 |
22,057 |
| Total costs and expenses |
|
|
|
|
|
|
|
|
2,596,784 |
2,477,365 |
1,861,682 |
| Operating income |
|
|
|
|
|
|
|
|
426,203 |
323,568 |
197,762 |
| Equity in losses of unconsolidated affiliates |
|
|
|
|
|
|
|
|
(6,615) |
(25,345) |
(36,300) |
| Interest expense |
|
|
|
|
|
|
|
|
(33,596) |
(6,149) |
(5,430) |
| Other income (expense), net |
|
|
|
|
|
|
|
|
30,309 |
(3,012) |
15,490 |
| Earnings from continuing operations before income taxes |
|
|
|
|
|
|
|
|
416,301 |
289,062 |
171,522 |
| Income tax (provision) benefit |
|
|
|
|
|
|
|
|
(134,502) |
(119,215) |
4,047 |
| Earnings from continuing operations |
|
|
|
|
|
|
|
|
281,799 |
169,847 |
175,569 |
| Earnings (loss) from discontinued operations, net of tax |
|
|
|
|
|
|
|
|
1,926 |
(9,051) |
(3,992) |
| Net earnings |
|
|
|
|
|
|
|
|
283,725 |
160,796 |
171,577 |
| Net loss (earnings) attributable to noncontrolling interests |
|
|
|
|
|
|
|
|
2,059 |
(1,530) |
2,656 |
| Net earnings attributable to IAC shareholders |
|
|
|
|
|
|
|
|
285,784 |
159,266 |
174,233 |
| Comprehensive income attributable to IAC shareholders |
|
|
|
|
|
|
|
|
$ 304,907 |
$ 139,540 |
$ 144,244 |