Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Purchase Price Allocation

The aggregate purchase price consideration was $570 million, which included the cash paid to shareholders of trivago of $554 million as well as $15 million for replaced employee stock-based awards of the acquiree. The purchase price was allocated to the fair value of assets acquired and liabilities assumed as follows, in thousands:

Goodwill	$	637,135
Intangible assets with indefinite lives		220,416
Intangible assets with definite lives(1)		136,697
Net assets(2)		15,078
Deferred tax liabilities		(111,508	)
Redeemable noncontrolling interest		(343,984	)
Total	$	553,834

(1) Acquired definite-lived intangible assets primarily consist of technology, partner relationship and non-compete agreement assets and have estimated useful lives of between 3 and 7 years with a weighted average life of 3.7 years.

(2) Includes cash acquired of $13 million.

Schedule of Revenue and Income for Discontinued Operations

Financial data for the discontinued operations for the three months ended March 31, 2012 was as follows, in thousands:

Revenue	$	—
Loss before income taxes		(37,568	)
Provision for income taxes		13,679
Net loss attributable to discontinued operations	$	(23,889	)
Loss per share:
Basic	$	(0.18	)
Diluted		(0.17	)
Shares used in computing loss per share:
Basic		133,202
Diluted		139,306