Acquisitions (Tables)

12 Months Ended

Dec. 31, 2014

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.

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.