XML 37 R28.htm IDEA: XBRL DOCUMENT v3.25.1
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
Schedule II
IAC INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
DescriptionBalance at
Beginning
of Period		Charges to
Earnings		 Charges to
Other Accounts		 Deductions Balance at
End of Period
 (In thousands)
2024
Allowance for credit losses$7,695 $4,688 
(a)
$158 $(5,132)
(b)
$7,409 
Deferred tax valuation allowance$61,569 $1,292 
(c)
$(232)
(d)
$— $62,629 
Other reserves$971 $867 
2023        
Allowance for credit losses$7,811 $5,699 
(a)
$3 $(5,818)
(b)
$7,695 
Deferred tax valuation allowance$62,955 $(3,005)
(e)
$1,619 
(d)
$— $61,569 
Other reserves$1,188 $971 
2022  
 
 
 
 
 
 
Allowance for credit losses$2,985 $8,402 
(a)
$— $(3,576)
(b)
$7,811 
Deferred tax valuation allowance$46,069 $(2,527)
(f)
$19,413 
(g)
$— $62,955 
Other reserves$1,753 $1,188 
_________________________________________________________
(a)     Additions to the allowance for credit losses are charged to expense.
(b)    Amount is primarily write-offs of fully reserved accounts receivable, net of recoveries.
(c)    Amount is primarily due to an increase in state and federal net operating losses (“NOLs”), partially offset by a net decrease in unbenefited capital losses.
(d)    Amount primarily relates to currency translation adjustments on foreign NOLs.
(e)    Amount is primarily due to expiring foreign tax credits, a decrease in foreign NOLs and a net decrease in unbenefited capital losses, partially offset by an increase in federal NOLs.
(f)    Amount primarily relates to a decrease in federal NOLs, partially offset by a net increase in unbenefited capital losses.
(g)     Amount primarily relates to a change in judgement on the realizability of foreign NOLs related to Meredith, acquired by Dotdash on December 1, 2021, partially offset by currency translation adjustments on foreign NOLs.