Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2012

Share Repurchases

Shares repurchased under the authorized programs were as follows:

	Year ended December 31,
	2012		2011(1)		2010(2)
Number of shares repurchased		10.7 million		10.6 million		20.6 million
Average price per share	$	37.15	$	26.60	$	23.71
Total cost of repurchases (in millions)(3)	$	397	$	283	$	489

(1) On a reverse split adjusted basis the number of shares repurchased was 5.3 million for $53.20 per share.

(2) On a reverse split adjusted basis the number of shares repurchased was 10.3 million for $47.42 per share.

(3) Amount excludes transaction costs.

Summary Of Dividends Declared

In 2012, 2011 and 2010, the Executive Committee, acting on behalf of the Board of Directors, declared the following dividends, which have been adjusted for the one-for-two reverse stock split in December 2011:

			Dividend Per  Share				Total Amount (in thousands)
	Declaration Date				Record Date				Payment Date
Year ended December 31, 2012:
		February 9, 2012	$	0.09		March 12, 2012	$	12,204		March 30, 2012
		April 25, 2012		0.09		May 30, 2012		12,205		June 19, 2012
		July 25, 2012		0.13		August 28, 2012		18,061		September 18, 2012
		October 24, 2012		0.13		November 16, 2012		17,658		December 7, 2012
		December 7, 2012		0.52		December 17, 2012		70,295		December 28, 2012
Year ended December 31, 2011:
		February 9, 2011	$	0.14		March 11, 2011	$	19,352		March 31, 2011
		April 27, 2011		0.14		May 27, 2011		19,232		June 17, 2011
		July 26, 2011		0.14		August 26, 2011		19,148		September 16, 2011
		October 26, 2011		0.14		November 18, 2011		18,818		December 9, 2011
Year ended December 31, 2010:
		February 10, 2010	$	0.14		March 11, 2010	$	20,220		March 31, 2010
		April 27, 2010		0.14		May 27, 2010		19,902		June 17, 2010
		July 26, 2010		0.14		August 26, 2010		19,703		September 16, 2010
		October 25, 2010		0.14		November 18, 2010		19,251		December 9, 2010

Spin Off Adjustment Details

The details of these adjustments are as follows (in thousands):

TripAdvisor Invested Equity as of December 20, 2011	$	521,792
Reclassification of TripAdvisor’s intercompany receivable from Expedia, which was extinguished in connection with the spin-off		(191,349	)
Adjustments to Expedia’s TripAdvisor Media Group reporting unit goodwill required to effect the spin-off		317,085
Reduction to additional paid-in capital related to spin-off	$	647,528

Other Comprehensive Income (Loss), Net of Taxes

The following table presents the changes in the components of other comprehensive income (loss), net of tax:

	For the Year Ended December 31,
	2012			2011			2010
	(In thousands)
Net income	$	280,440		$	474,603		$	425,560
Other comprehensive income (loss)
Currency translation adjustments and other		17,564			(1,161	)		(11,996	)
Unrealized gains (losses) on available for sale securities, net of taxes (1)		1,098			(79	)		329
Comprehensive income		299,102			473,363			413,893
Less: Comprehensive income attributable to noncontrolling interests		(1,559	)		(9,616	)		(4,575	)
Comprehensive income attributable to Expedia, Inc.	$	297,543		$	463,747		$	409,318

(1) Net gains (losses) recognized and reclassified during 2012, 2011 and 2010 were immaterial.

Effects of Changes in Ownership Interest on Stockholders Equity

The following table shows the effects of the changes in noncontrolling interest on our equity for the respective periods, in thousands:

	2012		2011			2010
Net income attributable to Expedia, Inc.	$	280,171	$	472,294		$	421,500
Transfers (to) from the noncontrolling interest due to:
Net increase in Expedia, Inc.’s paid-in capital for newly issued eLong shares (1)		2,077		25,957			—
Net decrease in Expedia, Inc.’s paid-in capital for purchase of outstanding shares of eLong		—		(59,070	)		(19,161	)
Net transfers from noncontrolling interest		2,077		(33,113	)		(19,161	)
Change from net income attributable to Expedia, Inc. and transfers from noncontrolling interest	$	282,248	$	439,181		$	402,339

(1) Primarily due to our acquisition of 5.4 million newly issued shares of eLong and, at the same time, Tencent Holdings Limited acquisition of 11.1 million newly issued shares of eLong in the second quarter of 2011.