Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

The following tables present our segment information for the years ended December 31, 2014, 2013 and 2012. As a significant portion of our property and equipment is not allocated to our operating segments and depreciation is not included in our segment measure, we do not report the assets by segment as it would not be meaningful. We do not regularly provide such information to our chief operating decision makers.


	Year ended December 31, 2014
	Leisure			Egencia			Corporate			Total
	(In thousands)
Revenue	$	5,363,781		$	399,704		$	—		$	5,763,485

Adjusted EBITDA	$	1,363,944		$	59,777		$	(398,933	)	$	1,024,788
Depreciation		(136,121	)		(18,876	)		(110,820	)		(265,817	)
Amortization of intangible assets		—			—			(79,615	)		(79,615	)
Stock-based compensation		—			—			(85,011	)		(85,011	)
Legal reserves, occupancy tax and other		—			—			(41,539	)		(41,539	)
Restructuring and related reorganization charges								(25,630	)		(25,630	)
Realized gain on revenue hedges		(9,412	)		—			—			(9,412	)

Operating income (loss)	$	1,218,411		$	40,901		$	(741,548	)		517,764

Other expense, net											(53,123	)

Income from continuing operations before income taxes											464,641
Provision for income taxes											(91,691	)

Net income											372,950
Net loss attributable to noncontrolling interests											25,147

Net income attributable to Expedia, Inc.										$	398,097


	Year ended December 31, 2013
	Leisure			Egencia			Corporate			Total
	(In thousands)
Revenue	$	4,406,336		$	364,923		$	—		$	4,771,259

Adjusted EBITDA	$	1,177,298		$	58,953		$	(357,528	)	$	878,723
Depreciation		(104,632	)		(14,949	)		(92,163	)		(211,744	)
Amortization of intangible assets		—			—			(71,731	)		(71,731	)
Stock-based compensation		—			—			(130,173	)		(130,173	)
Acquisition-related and other		—			—			(9,829	)		(9,829	)
Legal reserves, occupancy tax and other		—			—			(77,919	)		(77,919	)
Realized gain on revenue hedges		(11,267	)		—			—			(11,267	)

Operating income (loss)	$	1,061,399		$	44,004		$	(739,343	)		366,060

Other expense, net											(65,367	)

Income from continuing operations before income taxes											300,693
Provision for income taxes											(84,335	)

Net income											216,358
Net loss attributable to noncontrolling interests											16,492

Net income attributable to Expedia, Inc.										$	232,850


	Year ended December 31, 2012
	Leisure			Egencia			Corporate			Total
	(In thousands)
Revenue	$	3,738,955		$	291,392		$	—		$	4,030,347

Adjusted EBITDA	$	1,073,226		$	53,207		$	(323,558	)	$	802,875
Depreciation		(74,982	)		(12,031	)		(77,234	)		(164,247	)
Amortization of intangible assets		—			—			(31,705	)		(31,705	)
Stock-based compensation		—			—			(64,596	)		(64,596	)
Legal reserves, occupancy tax and other		—			—			(117,025	)		(117,025	)
Realized loss on revenue hedges		6,422			—			—			6,422

Operating income (loss)	$	1,004,666		$	41,176		$	(614,118	)		431,724

Other expense, net											(81,667	)

Income from continuing operations before income taxes											350,057
Provision for income taxes											(47,078	)

Income from continuing operations											302,979
Discontinued operations, net of taxes											(22,539	)

Net income											280,440
Net income attributable to noncontrolling interests											(269	)

Net income attributable to Expedia, Inc.										$	280,171

Schedule of Revenue by Geographic Area

The following table presents revenue by geographic area, the United States and all other countries, based on the geographic location of our websites or points of sale for the years ended December 31, 2014, 2013 and 2012:


	Year Ended December 31,
	2014		2013		2012
	(In thousands)
Revenue
United States	$	3,046,520	$	2,510,162	$	2,226,856
All other countries		2,716,965		2,261,097		1,803,491

	$	5,763,485	$	4,771,259	$	4,030,347

Schedule of Property and Equipment by Geographic Area

The following table presents property and equipment, net for the United States and all other countries, as of December 31, 2014 and 2013:


	As of December 31,
	2014		2013
	(In thousands)
Property and equipment, net
United States	$	446,044	$	398,384
All other countries		107,082		82,318

	$	553,126	$	480,702

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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