Segment Information (Tables)

6 Months Ended

Jun. 30, 2013

Reconciliation of Adjusted EBITDA to Net Income

The following table is a reconciliation of Adjusted EBITDA to net income, the most directly comparable financial measure calculated and presented in accordance with GAAP, for the periods presented (in thousands):


	Three months ended June 30,						Six months ended June 30,
	2013			2012			2013			2012
Adjusted EBITDA	$	112,832		$	96,921		$	222,179		$	181,110
Depreciation (1)		(6,876	)		(4,715	)		(13,200	)		(8,996	)
Amortization of intangible assets		(1,630	)		(1,760	)		(2,739	)		(3,599	)
Stock-based compensation		(10,208	)		(6,768	)		(23,819	)		(11,460	)
Other expense, net		(4,216	)		(6,944	)		(8,083	)		(9,180	)
Provision for income taxes		(22,914	)		(23,569	)		(45,051	)		(46,539	)


Net income	$	66,988		$	53,165		$	129,287		$	101,336

(1)	Includes amortization of internal use software and website development costs.