XML 69 R55.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT INFORMATION - Schedule of Reconciliation of Operating Income (Loss) to Adjusted EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income $ 89,950 $ 37,060
Stock-based compensation expense 59,082 33,975
Depreciation 19,257 19,888
Amortization of intangibles 19,953 9,161
Adjusted EBITDA 188,398 101,976
Interest expense (26,505) (24,792)
Other expense, net (4,619) (7,714)
Earnings before income taxes 58,826 4,554
Income tax benefit (provision) 29,013 23,909
Net earnings 87,839 28,463
Net earnings attributable to noncontrolling interests (16,757) (2,254)
Net earnings attributable to IAC shareholders 71,082 26,209
Operating segments | Match Group    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income 112,233 58,871
Stock-based compensation expense 16,963 18,024
Depreciation 8,147 7,589
Amortization of intangibles 242 403
Acquisition-related Contingent Consideration Fair Value Adjustments 156 1,344
Adjusted EBITDA 137,741 86,231
Operating segments | ANGI Homeservices    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income (10,756) 1,388
Stock-based compensation expense 24,906 4,461
Depreciation 6,184 2,996
Amortization of intangibles 16,306 1,367
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0
Adjusted EBITDA 36,640 10,212
Operating segments | Video    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income (15,875) (15,589)
Stock-based compensation expense 131 0
Depreciation 675 544
Amortization of intangibles 2,129 313
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0
Adjusted EBITDA (12,940) (14,732)
Operating segments | Applications    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income 25,461 32,768
Stock-based compensation expense 0 0
Depreciation 755 1,011
Amortization of intangibles 536 606
Acquisition-related Contingent Consideration Fair Value Adjustments 0 548
Adjusted EBITDA 26,752 34,933
Operating segments | Publishing    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income 15,811 (5,788)
Stock-based compensation expense 0 0
Depreciation 662 2,019
Amortization of intangibles 740 4,948
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0
Adjusted EBITDA 17,213 1,179
Operating segments | Other    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income 0 (5,621)
Stock-based compensation expense 0 1,729
Depreciation   836
Amortization of intangibles 0 1,524
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0
Adjusted EBITDA 0 (1,532)
Corporate    
Segment Reporting, Other Significant Reconciling Item [Line Items]    
Operating income (36,924) (28,969)
Stock-based compensation expense 17,082 9,761
Depreciation 2,834 4,893
Amortization of intangibles 0 0
Acquisition-related Contingent Consideration Fair Value Adjustments 0 0
Adjusted EBITDA $ (17,008) $ (14,315)