| Schedule of Quarterly Results |
| | | | | | | | | | | | | | | | | | Quarter Ended March 31(a) | | Quarter Ended June 30(b) | | Quarter Ended September 30 | | Quarter Ended December 31(a) | | (In thousands, except per share data) | Year Ended December 31, 2016 | | | | | | | | Revenue | $ | 819,179 |
| | $ | 745,439 |
| | $ | 764,102 |
| | $ | 811,162 |
| Cost of revenue | 193,734 |
| | 170,397 |
| | 179,131 |
| | 212,468 |
| Operating income (loss) | 21,417 |
| | (252,446 | ) | | 85,584 |
| | 112,820 |
| Earnings (loss) from continuing operations | 7,934 |
| | (190,542 | ) | | 52,340 |
| | 113,928 |
| Net earnings (loss) | 7,934 |
| | (190,542 | ) | | 52,340 |
| | 114,117 |
| Net earnings (loss) attributable to IAC shareholders | 8,282 |
| | (194,775 | ) | | 43,162 |
| | 102,051 |
| Per share information attributable to IAC shareholders: | Basic earnings (loss) per share from continuing operations(d) | $ | 0.10 |
| | $ | (2.45 | ) | | $ | 0.54 |
| | $ | 1.29 |
| Diluted earnings (loss) per share from continuing operations(d) | $ | 0.09 |
| | $ | (2.45 | ) | | $ | 0.49 |
| | $ | 1.18 |
| Basic earnings (loss) per share(d) | $ | 0.10 |
| | $ | (2.45 | ) | | $ | 0.54 |
| | $ | 1.29 |
| Diluted earnings (loss) per share(d) | $ | 0.09 |
| | $ | (2.45 | ) | | $ | 0.49 |
| | $ | 1.18 |
| | | | | | | | | | | | | | | | | | Quarter Ended March 31 | | Quarter Ended June 30 | | Quarter Ended September 30 | | Quarter Ended December 31(c) | | (In thousands, except per share data) | Year Ended December 31, 2015 | | | | | | | | Revenue | $ | 772,512 |
| | $ | 771,132 |
| | $ | 838,561 |
| | $ | 848,728 |
| Cost of revenue | 186,737 |
| | 177,963 |
| | 199,377 |
| | 214,084 |
| Operating income (loss) | 35,119 |
| | 62,769 |
| | 87,130 |
| | (5,430 | ) | Earnings (loss) from continuing operations | 21,863 |
| | 57,885 |
| | 65,026 |
| | (31,417 | ) | Net earnings (loss) | 21,988 |
| | 57,732 |
| | 65,043 |
| | (31,389 | ) | Net earnings (loss) attributable to IAC shareholders | 26,405 |
| | 59,305 |
| | 65,611 |
| | (31,849 | ) | Per share information attributable to IAC shareholders: | Basic earnings (loss) per share from continuing operations(d) | $ | 0.31 |
| | $ | 0.72 |
| | $ | 0.79 |
| | $ | (0.38 | ) | Diluted earnings (loss) per share from continuing operations(d) | $ | 0.30 |
| | $ | 0.68 |
| | $ | 0.74 |
| | $ | (0.38 | ) | Basic earnings (loss) per share(d) | $ | 0.32 |
| | $ | 0.72 |
| | $ | 0.79 |
| | $ | (0.38 | ) | Diluted earnings (loss) per share(d) | $ | 0.30 |
| | $ | 0.68 |
| | $ | 0.74 |
| | $ | (0.38 | ) |
_______________________________________________________________________________ | | (a) | The first quarter and fourth quarter of 2016 include after-tax gains of $11.9 million and $37.5 million related to the sale of PriceRunner and ShoeBuy, respectively. |
| | (b) | The second quarter of 2016 includes after-tax impairment charges related to goodwill and indefinite-lived intangible assets of $183.5 million and $7.2 million, respectively. |
| | (c) | The fourth quarter of 2015 includes after-tax impairment charges related to indefinite-lived intangible assets and goodwill of $55.3 million and $14.1 million, respectively. |
| | (d) | Quarterly per share amounts may not add to the related annual per share amount because of differences in the average common shares outstanding during each period |
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