Acquisitions (Tables)

12 Months Ended

Dec. 31, 2014

Trivago

Schedule of Purchase Price Allocation

The purchase price was allocated to the fair value of assets acquired and liabilities assumed as follows, in thousands:

Goodwill	$	633,436
Intangible assets with indefinite lives		220,416
Intangible assets with definite lives(1)		136,281
Net assets(2)		19,064
Deferred tax liabilities		(111,379	)
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.

Travel management company

Schedule of Purchase Price Allocation

The following table summarizes the allocation of the purchase price, in thousands:

Goodwill	$	129,156
Intangible assets with definite lives(1)		111,864
Net liabilities(2)		(28,913	)
Total	$	212,107

(1) Primarily consist of customer and supplier relationship assets with a weighted average life of 8.1 years.

(2) Includes cash acquired of $13 million.

Wotif Group

Schedule of Purchase Price Allocation

The aggregate purchase price consideration of $568 million was allocated to the fair value of assets acquired and liabilities assumed as follows, in thousands:

Goodwill	$	350,093
Intangible assets with indefinite lives		125,762
Intangible assets with definite lives(1)		138,292
Net liabilities(2)		(43,429	)
Deferred tax liabilities		(2,908	)
Total	$	567,810

(1) Acquired definite-lived intangible assets primarily consist of supplier contracts and customer relationships and have estimated useful lives of between less than one year and 10 years with a weighted average life of 7.8 years.

(2) Includes cash acquired of $36 million.