SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The overall concept that IAC employs in determining its operating segments is to present the financial information in a manner consistent with how the chief operating decision maker views the businesses, how the businesses are organized as to segment management, and the focus of the businesses with regards to the types of services or products offered or the target market. Operating segments are combined for reporting purposes if they meet certain aggregation criteria, which principally relate to the similarity of their economic characteristics or, in the case of Other, do not meet the quantitative thresholds that require presentation as separate operating segments.

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(In thousands)
Revenue:
Search & Applications	$	427,449		$	348,762		$	824,641		$	691,960
Match	194,320			178,418			383,182			352,693
Local	84,734			84,505			159,679			161,624
Media	58,014			38,368			103,329			54,279
Other	35,005			30,629			71,050			60,835
Inter-segment elimination	(111		)	(70		)	(221		)	(179		)
Total	$	799,411		$	680,612		$	1,541,660		$	1,321,212

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(In thousands)
Operating Income (Loss):
Search & Applications	$	89,346		$	74,067		$	176,329		$	147,557
Match	58,387			57,099			99,346			87,005
Local	(3,958		)	11,670			(7,361		)	15,459
Media	(4,028		)	(7,305		)	(12,856		)	(13,974		)
Other	(4,097		)	(2,182		)	(7,319		)	(3,896		)
Corporate	(28,954		)	(35,873		)	(56,892		)	(71,910		)
Total	$	106,696		$	97,476		$	191,247		$	160,241

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(In thousands)
Operating Income Before Amortization:
Search & Applications	$	96,007		$	74,079		$	189,656		$	147,579
Match	67,608			62,645			113,911			99,973
Local	1,968			11,832			967			15,782
Media	(3,522		)	(6,789		)	(11,896		)	(13,190		)
Other	(3,418		)	(1,755		)	(5,917		)	(3,153		)
Corporate	(17,741		)	(16,290		)	(33,069		)	(31,997		)
Total	$	140,902		$	123,722		$	253,652		$	214,994

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
	(In thousands)
Depreciation:
Search & Applications	$	6,413	$	3,385	$	10,278	$	6,676
Match	4,776		3,742		9,453		7,279
Local	2,707		2,475		5,053		5,276
Media	524		295		1,047		474
Other	348		257		650		501
Corporate	2,268		2,071		4,571		4,134
Total	$	17,036	$	12,225	$	31,052	$	24,340

Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below:

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
	(In thousands)
Revenue:
United States	$	551,880	$	472,553	$	1,066,494	$	918,213
All other countries	247,531		208,059		475,166		402,999
Total	$	799,411	$	680,612	$	1,541,660	$	1,321,212

	June 30, 2013		December 31, 2012
	(In thousands)
Long-lived assets (excluding goodwill and intangible assets):
United States	$	267,861	$	251,379
All other countries	21,632		19,133
Total	$	289,493	$	270,512

The Company's primary metric is Operating Income Before Amortization, which is defined as operating income excluding, if applicable: (1) non-cash compensation expense, (2) amortization and impairment of intangibles, (3) goodwill impairment, (4) acquisition-related contingent consideration fair value adjustments and (5) one-time items. The Company believes this measure is useful to investors because it represents the consolidated operating results from IAC's segments, taking into account depreciation, which it believes is an ongoing cost of doing business, but excluding the effects of any other non-cash expenses. Operating Income Before Amortization has certain limitations in that it does not take into account the impact to IAC's statement of operations of certain expenses, including non-cash compensation and acquisition-related accounting. IAC endeavors to compensate for the limitations of the non-U.S. GAAP measure presented by providing the comparable U.S. GAAP measure with equal or greater prominence, financial statements prepared in accordance with U.S. GAAP, and descriptions of the reconciling items, including quantifying such items, to derive the non-U.S. GAAP measure.

The following tables reconcile Operating Income Before Amortization to operating income (loss) for the Company's reportable segments:

	Three Months Ended June 30, 2013
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Acquisition-related Contingent Consideration Fair Value Adjustment			Operating Income (Loss)
	(In thousands)
Search & Applications	$	96,007		$	—		$	(6,661	)	$	—		$	89,346
Match	67,608			(363		)	(4,609		)	(4,249		)	58,387
Local	1,968			—			(5,926		)	—			(3,958		)
Media	(3,522		)	(213		)	(293		)	—			(4,028		)
Other	(3,418		)	(31		)	(648		)	—			(4,097		)
Corporate	(17,741		)	(11,213		)	—			—			(28,954		)
Total	$	140,902		$	(11,820	)	$	(18,137	)	$	(4,249	)	$	106,696

	Three Months Ended June 30, 2012
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Operating Income (Loss)
	(In thousands)
Search & Applications	$	74,079		$	(9	)	$	(3	)	$	74,067
Match	62,645			(556		)	(4,990		)	57,099
Local	11,832			—			(162		)	11,670
Media	(6,789		)	(236		)	(280		)	(7,305		)
Other	(1,755		)	(57		)	(370		)	(2,182		)
Corporate	(16,290		)	(19,583		)	—			(35,873		)
Total	$	123,722		$	(20,441	)	$	(5,805	)	$	97,476

	Six Months Ended June 30, 2013
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Acquisition-related Contingent Consideration Fair Value Adjustment			Operating Income (Loss)
	(In thousands)
Search & Applications	$	189,656		$	(3	)	$	(13,324	)	$	—		$	176,329
Match	113,911			(206		)	(8,652		)	(5,707		)	99,346
Local	967			—			(8,328		)	—			(7,361		)
Media	(11,896		)	(418		)	(542		)	—			(12,856		)
Other	(5,917		)	(33		)	(1,369		)	—			(7,319		)
Corporate	(33,069		)	(23,823		)	—			—			(56,892		)
Total	$	253,652		$	(24,483	)	$	(32,215	)	$	(5,707	)	$	191,247

	Six Months Ended June 30, 2012
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Operating Income (Loss)
	(In thousands)
Search & Applications	$	147,579		$	(17	)	$	(5	)	$	147,557
Match	99,973			(1,463		)	(11,505		)	87,005
Local	15,782			—			(323		)	15,459
Media	(13,190		)	(504		)	(280		)	(13,974		)
Other	(3,153		)	(10		)	(733		)	(3,896		)
Corporate	(31,997		)	(39,913		)	—			(71,910		)
Total	$	214,994		$	(41,907	)	$	(12,846	)	$	160,241