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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
NOTE 21 — Quarterly Financial Information (Unaudited) 
 
 
Three Months Ended
 
December 31
 
September 30
 
June 30
 
March 31
 
(In thousands, except per share data)
Year ended December 31, 2017
 
 
 
 
 
 
 
Revenue
$
2,319,208

 
$
2,965,848

 
$
2,586,052

 
$
2,188,736

Operating income (loss)
113,475

 
481,728

 
102,768

 
(72,833
)
Net income (loss) attributable to Expedia, Inc.
55,159

 
352,238

 
56,689

 
(86,122
)
Basic earnings (loss) per share(1)
$
0.36

 
$
2.32

 
$
0.37

 
$
(0.57
)
Diluted earnings (loss) per share(1)
0.35

 
2.23

 
0.36

 
(0.57
)
Year ended December 31, 2016
 
 
 
 
 
 
 
Revenue
$
2,092,829

 
$
2,580,905

 
$
2,195,869

 
$
1,903,961

Operating income (loss)(2)
147,186

 
386,152

 
25,662

 
(97,298
)
Net income (loss) attributable to Expedia, Inc.(2)
79,457

 
279,331

 
31,649

 
(108,589
)
Basic earnings (loss) per share(1)
$
0.53

 
$
1.86

 
$
0.21

 
$
(0.72
)
Diluted earnings (loss) per share(1)
0.51

 
1.81

 
0.21

 
(0.72
)
___________________________________
(1)
Earnings per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total computed for the year.
(2)
During the fourth quarter of 2016, we recognized a $33 million impairment charge related to indefinite lived intangible assets.