Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

Schedule Of Quarterly Financial Information

	Three Months Ended
	December 31			September 30		June 30		March 31
	(In thousands, except per share data)
Year ended December 31, 2012
Revenue	$	974,859		$	1,199,020	$	1,039,980	$	816,488
Operating income (1)		1,510			227,090		154,441		48,683
Net income from continuing operations(2)		7,095			168,188		106,109		21,587
Discontinued operations, net of taxes		(193	)		1,543		—		(23,889	)
Net income (loss) attributable to Expedia, Inc.		6,734			171,477		105,241		(3,281	)
Earnings per share from continuing operations attributable to Expedia, Inc. available to common stockholders:
Basic earnings per share (3)	$	0.05		$	1.25	$	0.79	$	0.15
Diluted earnings per share (3)		0.05			1.20		0.76		0.15
Earnings (loss) per share attributable to Expedia, Inc. available to common stockholders:
Basic earnings (loss) per share (3)	$	0.05		$	1.26	$	0.79	$	(0.02	)
Diluted earnings (loss) per share (3)		0.05			1.21		0.76		(0.02	)
Year ended December 31, 2011
Revenue	$	787,133		$	1,020,450	$	913,591	$	727,835
Operating income		91,645			209,099		143,707		35,158
Net income from continuing operations		60,465			171,840		88,133		5,903
Discontinued operations, net of taxes		10,633			38,566		52,757		46,306
Net income attributable to Expedia, Inc.		70,328			209,534		140,393		52,039
Earnings per share from continuing operations attributable to Expedia, Inc. available to common stockholders:
Basic earnings per share (3)	$	0.45		$	1.26	$	0.64	$	0.04
Diluted earnings per share (3)		0.44			1.22		0.63		0.04
Earnings per share attributable to Expedia, Inc. available to common stockholders:
Basic earnings per share (3)	$	0.53		$	1.54	$	1.03	$	0.38
Diluted earnings per share (3)		0.51			1.50		1.01		0.37

(1) During the fourth quarter of 2012, we recognized $110 million related to monies expected to be paid in advance of litigation related to Hawaii’s General Excise Tax.

(2) The effective tax rate for the fourth quarter of 2012 was 144.4% primarily due to lower than previously estimated full year pre-tax income, driven by the tax reserves accrued during the quarter related to Hawaii.

(3) Earnings per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total computed for the year. In addition, for 2011, the per share information attributable to Expedia, Inc. common shareholders reflects the one-for-two reverse stock split in connection with the spin-off.