The following tables present our segment information for the three and six months ended June 30, 2016 and June 30, 2015. 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.


	Three months ended June 30, 2016
	Core OTA			trivago			Egencia			HomeAway⁽¹⁾			Corporate & Eliminations			Total
	(In thousands)
Third-party revenue	$	1,764,929		$	134,837		$	124,506		$	171,597		$	—		$	2,195,869
Intersegment revenue		—			65,686			—			—			(65,686	)		—

Revenue	$	1,764,929		$	200,523		$	124,506		$	171,597		$	(65,686	)	$	2,195,869

Adjusted EBITDA	$	428,219		$	7,035		$	26,470		$	38,270		$	(169,097	)	$	330,897
Depreciation		(62,239	)		(2,186	)		(8,078	)		(4,108	)		(39,412	)		(116,023	)
Amortization of intangible assets		—			—			—			—			(84,181	)		(84,181	)
Stock-based compensation		—			—			—			—			(100,431	)		(100,431	)
Legal reserves, occupancy tax and other		—			—			—			—			(4,344	)		(4,344	)
Restructuring and related reorganization charges		—			—			—			—			(9,363	)		(9,363	)
Realized (gain) loss on revenue hedges		9,107			—			—			—			—			9,107

Operating income (loss)	$	375,087		$	4,849		$	18,392		$	34,162		$	(406,828	)		25,662

Other expense, net																	(37,857	)

Loss before income taxes																	(12,195	)
Provision for income taxes																	18,202

Net income																	6,007
Net loss attributable to noncontrolling interests																	25,642

Net income attributable to Expedia, Inc.																$	31,649


	Three months ended June 30, 2015
	Core OTA			trivago			Egencia			eLong⁽²⁾			Corporate & Eliminations			Total
	(In thousands)
Third-party revenue	$	1,462,926		$	90,075		$	101,423		$	8,176		$	—		$	1,662,600
Intersegment revenue		—			52,470			—			—			(52,470	)		—

Revenue	$	1,462,926		$	142,545		$	101,423		$	8,176		$	(52,470	)	$	1,662,600

Adjusted EBITDA	$	384,497		$	(8,971	)	$	23,701		$	(28,915	)	$	(117,963	)	$	252,349
Depreciation		(45,647	)		(485	)		(6,146	)		(1,208	)		(25,791	)		(79,277	)
Amortization of intangible assets		—			—			—			—			(26,880	)		(26,880	)
Stock-based compensation		—			—			—			—			(41,494	)		(41,494	)
Legal reserves, occupancy tax and other		—			—			—			—			(5,510	)		(5,510	)
Restructuring and related reorganization charges		—			—			—			—			(5,646	)		(5,646	)
Realized (gain) loss on revenue hedges		(3,450	)		—			—			—			—			(3,450	)

Operating income (loss)	$	335,400		$	(9,456	)	$	17,555		$	(30,123	)	$	(223,284	)		90,092

Other income, net																	467,965

Income before income taxes																	558,057
Provision for income taxes																	(131,221	)

Net income																	426,836
Net loss attributable to noncontrolling interests																	22,808

Net income attributable to Expedia, Inc.																$	449,644


	Six months ended June 30, 2016
	Core OTA			trivago			Egencia			HomeAway⁽¹⁾			Corporate & Eliminations			Total
	(In thousands)
Third-party revenue	$	3,304,785		$	246,899		$	234,355		$	313,791		$	—		$	4,099,830
Intersegment revenue		—			129,794			—			—			(129,794	)		—

Revenue	$	3,304,785		$	376,693		$	234,355		$	313,791		$	(129,794	)	$	4,099,830

Adjusted EBITDA	$	720,575		$	14,741		$	41,831		$	55,584		$	(325,282	)	$	507,449
Depreciation		(121,057	)		(2,971	)		(14,925	)		(7,767	)		(74,558	)		(221,278	)
Amortization of intangible assets		—			—			—			—			(174,180	)		(174,180	)
Stock-based compensation		—			—			—			—			(149,339	)		(149,339	)
Legal reserves, occupancy tax and other		—			—			—			—			(6,318	)		(6,318	)
Restructuring and related reorganization charges		—			—			—			—			(27,993	)		(27,993	)
Realized (gain) loss on revenue hedges		23			—			—			—			—			23

Operating income (loss)	$	599,541		$	11,770		$	26,906		$	47,817		$	(757,670	)		(71,636	)

Other expense, net																	(106,445	)

Loss before income taxes																	(178,081	)
Provision for income taxes																	75,556

Net loss																	(102,525	)
Net loss attributable to noncontrolling interests																	25,585

Net loss attributable to Expedia, Inc.																$	(76,940	)


	Six months ended June 30, 2015
	Core OTA			trivago			Egencia			eLong⁽²⁾			Corporate & Eliminations			Total
	(In thousands)
Third-party revenue	$	2,632,861		$	162,125		$	199,268		$	41,743		$	—		$	3,035,997
Intersegment revenue		—			99,545			—			—			(99,545	)		—

Revenue	$	2,632,861		$	261,670		$	199,268		$	41,743		$	(99,545	)	$	3,035,997

Adjusted EBITDA	$	603,795		$	(3,925	)	$	43,497		$	(62,167	)	$	(227,088	)	$	354,112
Depreciation		(86,258	)		(887	)		(11,788	)		(3,263	)		(51,526	)		(153,722	)
Amortization of intangible assets		—			—			—			—			(51,922	)		(51,922	)
Stock-based compensation		—			—			—			—			(70,380	)		(70,380	)
Legal reserves, occupancy tax and other		—			—			—			—			(8,039	)		(8,039	)
Restructuring and related reorganization charges		—			—			—			—			(10,322	)		(10,322	)
Realized (gain) loss on revenue hedges		(20,636	)		—			—			—			—			(20,636	)

Operating income (loss)	$	496,901		$	(4,812	)	$	31,709		$	(65,430	)	$	(419,277	)		39,091

Other income, net																	550,617

Income before income taxes																	589,708
Provision for income taxes																	(130,311	)

Net income																	459,397
Net loss attributable to noncontrolling interests																	34,390

Net income attributable to Expedia, Inc.																$	493,787

(1)	Includes results since our acquisition of HomeAway on December 15, 2015.

(2)	Includes results of eLong through its disposal on May 22, 2015.