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As filed with the Securities and Exchange Commission on November 8, 2013

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

ý	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended September 30, 2013
Or
¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from__________to__________

Commission File No. 0-20570

IAC/INTERACTIVECORP

(Exact name of registrant as specified in its charter)

Delaware  (State or other jurisdiction of incorporation or organization)	59-2712887 (I.R.S. Employer Identification No.)
555 West 18th Street, New York, New York 10011  (Address of registrant's principal executive offices)
(212) 314-7300 (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý    No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ý    No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ý Accelerated filer o Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o    No ý

As of October 25, 2013, the following shares of the registrant's common stock were outstanding:

Common Stock	77,504,390
Class B Common Stock	5,789,499
Total outstanding Common Stock	83,293,889

The aggregate market value of the voting common stock held by non-affiliates of the registrant as of October 25, 2013 was $4,316,591,180. For the purpose of the foregoing calculation only, all directors and executive officers of the registrant are assumed to be affiliates of the registrant.

TABLE OF CONTENTS

		Page Number
PART I
Item 1.	Consolidated Financial Statements	3
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	30
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	46
Item 4.	Controls and Procedures	47
PART II
Item 1A.	Risk Factors	48
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	48
Item 6.	Exhibits	49
	Signatures	50

PART I

FINANCIAL INFORMATION

Item 1.    Consolidated Financial Statements

IAC/INTERACTIVECORP

CONSOLIDATED BALANCE SHEET

(Unaudited)

	September 30, 2013			December 31, 2012
	(In thousands, except share data)
ASSETS
Cash and cash equivalents	$	741,652		$	749,977
Marketable securities	26,340			20,604
Accounts receivable, net of allowance of $10,439 and $11,088, respectively	209,949			229,830
Other current assets	151,980			156,339
Total current assets	1,129,921			1,156,750
Property and equipment, net of accumulated depreciation and amortization of $257,338 and $232,911, respectively	290,470			270,512
Goodwill	1,672,705			1,616,154
Intangible assets, net	458,371			482,904
Long-term investments	164,170			161,278
Other non-current assets	89,145			118,230
TOTAL ASSETS	$	3,804,782		$	3,805,828
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Current maturities of long-term debt	$	—		$	15,844
Accounts payable, trade	72,966			98,314
Deferred revenue	161,950			155,499
Accrued expenses and other current liabilities	366,635			355,232
Total current liabilities	601,551			624,889
Long-term debt, net of current maturities	580,000			580,000
Income taxes payable	411,172			479,945
Deferred income taxes	326,109			323,403
Other long-term liabilities	65,175			31,830
Redeemable noncontrolling interests	32,779			58,126
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Common stock $.001 par value; authorized 1,600,000,000 shares; issued 250,982,079 shares, and outstanding 77,480,330 and 78,471,784 shares, respectively	251			251
Class B convertible common stock $.001 par value; authorized 400,000,000 shares; issued 16,157,499 shares and outstanding 5,789,499 shares	16			16
Additional paid-in capital	11,585,545			11,607,367
Accumulated deficit	(109,652		)	(318,519		)
Accumulated other comprehensive loss	(6,625		)	(32,169		)
Treasury stock 183,869,749 and 182,878,295 shares, respectively	(9,734,479		)	(9,601,218		)
Total IAC shareholders' equity	1,735,056			1,655,728
Noncontrolling interests	52,940			51,907
Total shareholders' equity	1,787,996			1,707,635
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	3,804,782		$	3,805,828

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

3

IAC/INTERACTIVECORP

CONSOLIDATED STATEMENT OF OPERATIONS

(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands, except per share data)
Revenue	$	756,872		$	714,470		$	2,298,532		$	2,035,682
Costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	248,856			262,275			777,527			722,879
Selling and marketing expense	248,282			235,130			738,349			665,168
General and administrative expense	75,977			93,074			275,216			271,185
Product development expense	35,232			27,596			104,401			82,628
Depreciation	13,489			13,150			44,541			37,490
Amortization of intangibles	13,032			5,212			45,247			18,058
Total costs and expenses	634,868			636,437			1,985,281			1,797,408
Operating income	122,004			78,033			313,251			238,274
Equity in losses of unconsolidated affiliates	(3,253		)	(3,298		)	(4,422		)	(28,208		)
Interest expense	(7,623		)	(1,391		)	(22,944		)	(4,102		)
Other income, net	16,719			447			18,373			2,835
Earnings from continuing operations before income taxes	127,847			73,791			304,258			208,799
Income tax provision	(36,126		)	(27,606		)	(101,288		)	(83,360		)
Earnings from continuing operations	91,721			46,185			202,970			125,439
Earnings (loss) from discontinued operations, net of tax	3,914			(5,624		)	1,902			(6,581		)
Net earnings	95,635			40,561			204,872			118,858
Net loss (earnings) attributable to noncontrolling interests	1,305			156			3,995			(331		)
Net earnings attributable to IAC shareholders	$	96,940		$	40,717		$	208,867		$	118,527
Per share information attributable to IAC shareholders:
Basic earnings per share from continuing operations	$	1.12		$	0.52		$	2.47		$	1.46
Diluted earnings per share from continuing operations	$	1.08		$	0.49		$	2.39		$	1.35
Basic earnings per share	$	1.17		$	0.46		$	2.50		$	1.38
Diluted earnings per share	$	1.13		$	0.43		$	2.41		$	1.28
Dividends declared per share	$	0.24		$	0.24		$	0.72		$	0.48
Non-cash compensation expense by function:
Cost of revenue	$	700		$	1,550		$	2,001		$	4,775
Selling and marketing expense	820			1,386			2,000			3,512
General and administrative expense	11,478			18,850			31,685			52,378
Product development expense	1,367			1,565			3,162			4,593
Total non-cash compensation expense	$	14,365		$	23,351		$	38,848		$	65,258

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

4

IAC/INTERACTIVECORP

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013		2012
	(In thousands)
Net earnings	$	95,635		$	40,561		$	204,872	$	118,858
Other comprehensive income (loss), net of tax:
Change in foreign currency translation adjustment	16,724			14,609			3,703		(4,940		)
Change in net unrealized gains (losses) on available-for-sale securities (net of tax provision of $1,732 and $1,648 for the three and nine months ended September 30, 2013, respectively, and tax benefit of $6,220 and tax provision of $883 for the three and nine months ended September 30, 2012, respectively)	12,182			(8,758		)	24,393		4,685
Total other comprehensive income (loss)	28,906			5,851			28,096		(255		)
Comprehensive income	124,541			46,412			232,968		118,603
Comprehensive (income) loss attributable to noncontrolling interests	(2,039		)	(2,026		)	1,443		476
Comprehensive income attributable to IAC shareholders	$	122,502		$	44,386		$	234,411	$	119,079

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

5

IAC/INTERACTIVECORP

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY

(Unaudited)

				IAC Shareholders' Equity
							Class B Convertible Common Stock $.001 Par Value
				Common Stock $.001 Par Value
																Accumulated Other Comprehensive Loss						Total IAC Shareholders' Equity
	Redeemable Noncontrolling Interests									Additional Paid-in Capital			Accumulated Deficit							Treasury Stock						Noncontrolling Interests			Total Shareholders' Equity
				$		Shares	$		Shares
				(In thousands)
Balance as of December 31, 2012	$	58,126		$	251	250,982	$	16	16,157	$	11,607,367		$	(318,519	)	$	(32,169	)	$	(9,601,218	)	$	1,655,728		$	51,907		$	1,707,635
Net (loss) earnings for the nine months ended September 30, 2013	(4,039		)	—		—	—		—	—			208,867			—			—			208,867			44			208,911
Other comprehensive income, net of tax	1,730			—		—	—		—	—			—			25,544			—			25,544			822			26,366
Non-cash compensation expense	—			—		—	—		—	38,305			—			—			—			38,305			543			38,848
Issuance of common stock upon exercise of stock options, vesting of restricted stock units and other, net of withholding taxes	—			—		—	—		—	1,653			—			—			2			1,655			—			1,655
Income tax benefit related to the exercise of stock options, vesting of restricted stock units and other	—			—		—	—		—	26,329			—			—			—			26,329			—			26,329
Dividends	—			—		—	—		—	(57,624		)	—			—			—			(57,624		)	—			(57,624		)
Purchase of treasury stock	—			—		—	—		—	—			—			—			(133,263		)	(133,263		)	—			(133,263		)
Purchase of redeemable noncontrolling interests	(56,498		)	—		—	—		—	—			—			—			—			—			—			—
Adjustment of redeemable noncontrolling interests to fair value	33,038			—		—	—		—	(33,038		)	—			—			—			(33,038		)	—			(33,038		)
Transfer from noncontrolling interests to redeemable noncontrolling interests	376			—		—	—		—	—			—			—			—			—			(376		)	(376		)
Other	46			—		—	—		—	2,553			—			—			—			2,553			—			2,553
Balance as of September 30, 2013	$	32,779		$	251	250,982	$	16	16,157	$	11,585,545		$	(109,652	)	$	(6,625	)	$	(9,734,479	)	$	1,735,056		$	52,940		$	1,787,996

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

6

IAC/INTERACTIVECORP

CONSOLIDATED STATEMENT OF CASH FLOWS

(Unaudited)

	Nine Months Ended September 30,
	2013			2012
	(In thousands)
Cash flows from operating activities attributable to continuing operations:
Net earnings	$	204,872		$	118,858
Less: earnings (loss) from discontinued operations, net of tax	1,902			(6,581		)
Earnings from continuing operations	202,970			125,439
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities attributable to continuing operations:
Non-cash compensation expense	38,848			65,258
Depreciation	44,541			37,490
Amortization of intangibles	45,247			18,058
Excess tax benefits from stock-based awards	(26,430		)	(23,486		)
Deferred income taxes	(5,939		)	5,410
Equity in losses of unconsolidated affiliates	4,422			28,208
Acquisition-related contingent consideration fair value adjustment	6,339			—
Gain on sales of long-term investments	(18,141		)	(1,876		)
Gain on sales of assets	(14,755		)	—
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable	10,810			(16,443		)
Other current assets	(19,916		)	(9,749		)
Accounts payable and other current liabilities	(6,159		)	18,700
Income taxes payable	48,136			52,965
Deferred revenue	(1,406		)	10,575
Other, net	15,763			13,058
Net cash provided by operating activities attributable to continuing operations	324,330			323,607
Cash flows from investing activities attributable to continuing operations:
Acquisitions, net of cash acquired	(39,457		)	(377,123		)
Capital expenditures	(64,114		)	(32,363		)
Proceeds from maturities and sales of marketable debt securities	12,502			79,353
Purchases of marketable debt securities	—			(47,902		)
Proceeds from sales of long-term investments	42,286			12,744
Purchases of long-term investments	(26,605		)	(10,031		)
Other, net	8,904			(12,264		)
Net cash used in investing activities attributable to continuing operations	(66,484		)	(387,586		)
Cash flows from financing activities attributable to continuing operations:
Purchase of treasury stock	(168,376		)	(434,041		)
Issuance of common stock, net of withholding taxes	6,456			320,070
Dividends	(58,882		)	(43,695		)
Excess tax benefits from stock-based awards	26,430			23,486
Purchase of noncontrolling interests	(55,561		)	(4,891		)
Principal payments on long-term debt	(15,844		)	—
Other, net	(3,386		)	195
Net cash used in financing activities attributable to continuing operations	(269,163		)	(138,876		)
Total cash used in continuing operations	(11,317		)	(202,855		)
Total cash provided by (used in) discontinued operations	2,257			(1,866		)
Effect of exchange rate changes on cash and cash equivalents	735			2,347
Net decrease in cash and cash equivalents	(8,325		)	(202,374		)
Cash and cash equivalents at beginning of period	749,977			704,153
Cash and cash equivalents at end of period	$	741,652		$	501,779

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements

7

IAC/INTERACTIVECORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1—THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations

IAC is a leading media and internet company comprised of more than 150 brands and products, including Ask.com, About.com, Match.com, HomeAdvisor.com and Vimeo.com. Focused in the areas of search, applications, online dating, local and media, IAC's network of websites is one of the largest in the world, with more than a billion monthly visits across more than 30 countries. IAC includes the businesses comprising its Search & Applications, Match, Local, Media and Other segments, as well as investments in unconsolidated affiliates.

All references to "IAC," the "Company," "we," "our" or "us" in this report are to IAC/InterActiveCorp.

Basis of Presentation

The consolidated financial statements include the accounts of the Company, all entities that are wholly-owned by the Company and all entities in which the Company has a controlling financial interest. Intercompany transactions and accounts have been eliminated. Investments in entities in which the Company has the ability to exercise significant influence over the operating and financial matters of the investee, but does not have a controlling financial interest, are accounted for using the equity method and are included in "Long-term investments" in the accompanying consolidated balance sheet.

The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information and with the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. Interim results are not necessarily indicative of the results that may be expected for a full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2012 included in our Current Report on Form 8-K dated May 3, 2013.

Accounting Estimates

The preparation of consolidated financial statements in accordance with U.S. GAAP requires management to make certain estimates, judgments and assumptions that impact the reported amounts of assets, liabilities, revenue and expenses and the related disclosure of contingent assets and liabilities. Actual results could differ from those estimates. On an ongoing basis, the Company evaluates its estimates and judgments including those related to: the fair values of marketable securities and other investments; the recoverability of goodwill and indefinite-lived intangible assets; the useful lives and recovery of definite-lived intangible assets and property and equipment; the carrying value of accounts receivable, including the determination of the allowance for doubtful accounts and revenue reserves; the fair value of acquisition-related contingent consideration; the reserves for income tax contingencies; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets and other factors that the Company considers relevant.

Certain Risks and Concentrations

A substantial portion of the Company's revenue is derived from online advertising, the market for which is highly competitive and rapidly changing. Significant changes in this industry or changes in advertising spending behavior or in customer buying behavior could adversely affect our operating results. Most of the Company's online advertising revenue is attributable to a services agreement with Google Inc. ("Google"), which expires on March 31, 2016. Our services agreement requires that we comply with certain guidelines promulgated by Google. Subject to certain limitations, Google may unilaterally update its policies and guidelines, which could in turn require modifications to, or prohibit and/or render obsolete certain of, our products, services and/or business practices, which could be costly to address or otherwise have an adverse effect on our business, financial condition and results of operations. For the three and nine months ended September 30, 2013, revenue earned from Google is $369.9 million and $1.2 billion, respectively. For the three and nine months ended September 30, 2012, revenue earned from Google is $357.2 million and $1.0 billion, respectively. This revenue is earned by the businesses

8

IAC/INTERACTIVECORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

comprising the Search & Applications segment. Accounts receivable related to revenue earned from Google totaled $115.0 million at September 30, 2013 and $125.3 million at December 31, 2012.

Reclassifications

Certain prior year amounts have been reclassified to conform to the current year presentation.

NOTE 2—INCOME TAXES

At the end of each interim period, the Company makes its best estimate of the annual expected effective income tax rate and applies that rate to its ordinary year-to-date earnings or loss. The income tax provision or benefit related to significant, unusual, or extraordinary items, if applicable, that will be separately reported or reported net of their related tax effects are individually computed and recognized in the interim period in which those items occur. In addition, the effect of changes in enacted tax laws or rates, tax status, judgment on the realizability of a beginning-of-the-year deferred tax asset in future years or income tax contingencies is recognized in the interim period in which the change occurs.

The computation of the annual expected effective income tax rate at each interim period requires certain estimates and assumptions including, but not limited to, the expected pre-tax income (or loss) for the year, projections of the proportion of income (and/or loss) earned and taxed in foreign jurisdictions, permanent and temporary differences, and the likelihood of the realizability of deferred tax assets generated in the current year. The accounting estimates used to compute the provision or benefit for income taxes may change as new events occur, more experience is acquired, additional information is obtained or our tax environment changes. To the extent that the expected annual effective income tax rate changes during a quarter, the effect of the change on prior quarters is included in income tax provision in the quarter in which the change occurs.

For the three and nine months ended September 30, 2013, the Company recorded an income tax provision for continuing operations of $36.1 million and $101.3 million, respectively, which represents effective income tax rates of 28% and 33%, respectively. The effective rates for the three and nine months ended September 30, 2013 are lower than the statutory rate of 35% due primarily to the realization of certain beginning of the year deferred tax assets in the current period and foreign income taxed at lower rates, partially offset by state taxes. For the three and nine months ended September 30, 2012, the Company recorded an income tax provision for continuing operations of $27.6 million and $83.4 million, respectively, which represents effective income tax rates of 37% and 40%, respectively. The effective rate for the three months ended September 30, 2012 is higher than the statutory rate of 35% due primarily to state taxes and interest on reserves for tax contingencies, partially offset by foreign income taxed at lower rates. The effective rate for the nine months ended September 30, 2012 is higher than the statutory rate of 35% due primarily to an increase in reserves for and interest on reserves for tax contingencies, a valuation allowance on the deferred tax asset created by the News_Beast (formerly The Newsweek/DailyBeast Company) non-cash re-measurement charge related to our acquisition of a controlling interest, and state taxes, partially offset by foreign income taxed at lower rates and a net decrease in the valuation allowance on the beginning of the year deferred tax assets related to investments in unconsolidated affiliates.

On August 28, 2013, the Joint Committee of Taxation completed its review and approved the audit settlement previously agreed to with the Internal Revenue Service ("IRS") for the years ended December 31, 2001 through 2009. The statute of limitations for the years 2001 through 2009 is extended through June 30, 2014. The resolution of this IRS examination resulted in a net liability to the IRS of $7.1 million. At September 30, 2013 and December 31, 2012, unrecognized tax benefits, including interest, are $415.5 million and $496.8 million, respectively. Unrecognized tax benefits, including interest, at September 30, 2013 decreased by $81.3 million due principally to the settlement of the audit of the federal income tax returns for the years ended December 31, 2001 through 2009. The reduction of unrecognized tax benefits was substantially offset by a reduction of receivables related to the same period. Of the total unrecognized tax benefits at September 30, 2013, $401.0 million is included in "Income taxes payable," $14.0 million relates to deferred tax assets included in "Deferred income taxes" and $0.5 million is included in "Accrued expenses and other current liabilities" in the accompanying consolidated balance sheet. Included in unrecognized tax benefits at September 30, 2013 is $47.9 million relating to tax positions for which the ultimate deductibility is highly certain, but for which there is uncertainty about the timing of such deductibility. If unrecognized tax benefits at September 30, 2013 are subsequently recognized, $119.6 million and $170.2 million, net of related deferred tax assets and interest, would reduce income tax expense for continuing operations and discontinued operations, respectively.

The Company recognizes interest and, if applicable, penalties related to unrecognized tax benefits in income tax provision. Included in the income tax provision for continuing operations and discontinued operations for the three months endedSeptember 30, 2013 is a $0.5 million expense and a $1.4 million benefit, respectively, net of related deferred taxes, for

9

IAC/INTERACTIVECORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(Unaudited)

interest on unrecognized tax benefits. Included in the income tax provision for continuing operations and discontinued operations for the nine months endedSeptember 30, 2013 is a $3.4 million and a $0.6 million expense, respectively, net of related deferred taxes, for interest on unrecognized tax benefits. At September 30, 2013 and December 31, 2012, the Company has accrued $125.3 million and $117.5 million, respectively, for the payment of interest. At September 30, 2013 and December 31, 2012, the Company has accrued $4.9 million and $5.0 million, respectively, for penalties.

The Company is routinely under audit by federal, state, local and foreign authorities in the area of income tax. These audits include questioning the timing and the amount of income and deductions and the allocation of income and deductions among various tax jurisdictions. Various jurisdictions are currently under examination, the most significant of which are France, California, New York and New York City for various tax years beginning with 2006. Income taxes payable include reserves considered sufficient to pay assessments that may result from examination of prior year tax returns. Changes to reserves from period to period and differences between amounts paid, if any, upon resolution of issues raised in audits and amounts previously provided may be material. Differences between the reserves for income tax contingencies and the amounts owed by the Company are recorded in the period they become known. The Company believes that it is reasonably possible that its unrecognized tax benefits could change within twelve months of the current reporting date. An estimate of changes in unrecognized tax benefits, while potentially significant, cannot be made.

NOTE 3—BUSINESS COMBINATIONS

Acquisition of Twoo

On January 4, 2013, Meetic S.A., a Match subsidiary, purchased all the outstanding shares of Massive Media NV, which operates Twoo, a social discovery website that allows its users to meet new people. The purchase price was $25.0 million in cash, plus potential additional consideration of up to €83.2 million (or $112.2 million using the September 30, 2013 exchange rate) that is contingent upon a combination of earnings performance and user growth through December 31, 2015. The fair value of the contingent consideration arrangement at the acquisition date was $40.8 million. See Note 5 for additional information related to the fair value measurement of the contingent consideration arrangement.

Acquisition of About, Inc.

On September 24, 2012, IAC completed its purchase of all the outstanding shares of About, Inc. (“The About Group”), an online content and reference library offering expert, quality content across 90,000 topics. The purchase price was $300 million in cash, plus an amount equal to the net working capital of $17.1 million at closing. The financial results of The About Group are included in IAC's consolidated financial statements, within the Search & Applications segment, beginning October 1, 2012.

The unaudited pro forma financial information in the table below summarizes the combined results of IAC and The About Group as if the acquisition of The About Group had occurred on January 1, 2012. The pro forma financial information includes adjustments required under the acquisition method of accounting and is presented for informational purposes only and is not necessarily indicative of what the results would have been had the acquisition occurred on January 1, 2012. For the three and nine months ended September 30, 2012, pro forma adjustments reflected below include an increase of $4.6 million and $14.1 million, respectively, in amortization of intangible assets.

	Three Months Ended September 30, 2012		Nine Months Ended September 30, 2012
	(In thousands, except per share data)
Revenue	$	740,086	$	2,110,653
Net earnings attributable to IAC shareholders	$	43,909	$	125,722
Basic earnings per share attributable to IAC shareholders	$	0.50	$	1.47
Diluted earnings per share attributable to IAC shareholders	$	0.46	$	1.35

NOTE 4—MARKETABLE SECURITIES

At September 30, 2013, current available-for-sale marketable securities are as follows:

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(Unaudited)

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	(In thousands)
Corporate debt security	$	1,007	$	8	$	—	$	1,015
Total debt security	1,007		8		—		1,015
Equity securities	7,927		17,398		—		25,325
Total marketable securities	$	8,934	$	17,406	$	—	$	26,340

The contractual maturity of the debt security classified as available-for-sale at September 30, 2013 is less than one year.

At December 31, 2012, current available-for-sale marketable securities are as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	(In thousands)
Corporate debt securities	$	13,608	$	19	$	—	$	13,627
Total debt securities	13,608		19		—		13,627
Equity security	—		6,977		—		6,977
Total marketable securities	$	13,608	$	6,996	$	—	$	20,604

The net unrealized gains in the tables above are included in "Accumulated other comprehensive loss" in the accompanying consolidated balance sheet.

At September 30, 2013 and December 31, 2012, there are no investments in current available-for-sale marketable securities that are in an unrealized loss position.

The following table presents the proceeds from maturities and sales of current and non-current available-for-sale marketable securities and the related gross realized gains:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(In thousands)
Proceeds from maturities and sales of available-for-sale marketable securities	$	41,976	$	40,570	$	54,478	$	88,347
Gross realized gains	17,977		241		17,977		2,039

Gross realized gains from the maturities and sales of available-for-sale marketable securities are included in "Other income, net" in the accompanying consolidated statement of operations.

The specific-identification method is used to determine the cost of securities sold and the amount of unrealized gains and losses reclassified out of accumulated other comprehensive income into earnings.

NOTE 5—FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS

The Company categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are:

• Level 1: Observable inputs obtained from independent sources, such as quoted prices for identical assets and liabilities in active markets.

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(Unaudited)

• Level 2: Other inputs that are observable directly or indirectly, such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active and inputs that are derived principally from or corroborated by observable market data. The fair value of the Company's Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used.

• Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities. See below for a discussion of fair value measurements made using Level 3 inputs.

The following tables present the Company's financial instruments that are measured at fair value on a recurring basis:

	September 30, 2013
	Quoted Market Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)			Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	347,345	$	—	$	—		$	347,345
Commercial paper	—		81,890		—			81,890
Time deposits	—		92,446		—			92,446
Marketable securities:
Corporate debt security	—		1,015		—			1,015
Equity securities	25,325		—		—			25,325
Long-term investments:
Auction rate security	—		—		9,300			9,300
Marketable equity securities	12,360		—		—			12,360
Total	$	385,030	$	175,351	$	9,300		$	569,681
Liabilities:
Contingent consideration arrangement	$	—	$	—	$	(48,931	)	$	(48,931	)

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(Unaudited)

	December 31, 2012
	Quoted Market Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	545,290	$	—	$	—	$	545,290
Time deposits	—		11,994		—		11,994
Marketable securities:
Corporate debt securities	—		13,627		—		13,627
Equity security	6,977		—		—		6,977
Long-term investments:
Auction rate security	—		—		8,100		8,100
Marketable equity securities	31,244		—		—		31,244
Total	$	583,511	$	25,621	$	8,100	$	617,232

The cost basis of the Company's long-term marketable equity securities at September 30, 2013 is $8.8 million, with gross unrealized gains of $3.6 million included in "Accumulated other comprehensive loss" in the accompanying consolidated balance sheet. The cost basis of the Company's long-term marketable equity securities at December 31, 2012 is $42.1 million, with a gross unrealized loss of $10.8 million included in "Accumulated other comprehensive loss" in the accompanying consolidated balance sheet.

The following tables present the changes in the Company's financial instruments that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

	Three Months Ended September 30,
	2013					2012
	Auction Rate Security		Contingent Consideration Arrangement			Auction Rate Security
	(In thousands)
Balance at July 1	$	8,760	$	(46,912	)	$	6,730
Total net gains (losses) (unrealized):
Included in earnings	—		(632		)	—
Included in other comprehensive income (loss)	540		(1,387		)	600
Balance at September 30	$	9,300	$	(48,931	)	$	7,330

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(Unaudited)

	Nine Months Ended September 30,
	2013					2012
	Auction Rate Security		Contingent Consideration Arrangement			Auction Rate Security		Contingent Consideration Arrangement
	(In thousands)
Balance at January 1	$	8,100	$	—		$	5,870	$	(10,000	)
Total net gains (losses) (unrealized):
Included in earnings	—		(6,339		)	—		—
Included in other comprehensive income (loss)	1,200		(1,755		)	1,460		—
Fair value at date of acquisition	—		(40,837		)	—		—
Settlements	—		—			—		10,000
Balance at September 30	$	9,300	$	(48,931	)	$	7,330	$	—

There are no gains or losses included in earnings for the three and nine months ended September 30, 2012 relating to the Company's financial instruments that are measured at fair value on a recurring basis using significant unobservable inputs.

Auction rate security

The Company's auction rate security is valued by discounting the estimated future cash flow streams of the security over the life of the security. Credit spreads and other risk factors are also considered in establishing fair value. The cost basis of the auction rate security is $10.0 million, with gross unrealized losses of $0.7 million and $1.9 million at September 30, 2013 and December 31, 2012, respectively. The unrealized losses are included in "Accumulated other comprehensive loss" in the accompanying consolidated balance sheet. At September 30, 2013, the auction rate security is rated A-/WR and matures in 2035. The Company does not consider the auction rate security to be other-than-temporarily impaired at September 30, 2013, due to its high credit rating and because the Company does not intend to sell this security, and it is not more likely than not that the Company will be required to sell this security, before the recovery of its amortized cost basis, which may be maturity.

Contingent Consideration Arrangement

The contingent consideration arrangement entered into in 2013 arose from the acquisition of Twoo (see Note 3 for additional information). The fair value of the contingent consideration arrangement was determined using a probability-weighted analysis, and reflects a discount rate of 15%, which captures the risks associated with the obligation. The probability-weighted analysis consists of the Company's multi-scenario forecasts of Twoo's earnings and the number of users of Twoo.com in accordance with the contingent consideration arrangement through December 31, 2015, and the Company's estimate of the probability of each scenario occurring. These multi-scenario forecasts and related probability assessments were based primarily on management's internal projections and strategic plans, with limited additional consideration given to growth trends of similarly situated businesses. The fair value of the contingent consideration arrangement is sensitive to changes in the discount rate and changes in the forecasts of earnings and website users. The Company remeasures the fair value of the contingent consideration arrangement each reporting period, and changes are recognized in “General and administrative expense” in the accompanying consolidated statement of operations. The contingent consideration arrangement liability at September 30, 2013 includes a current portion of $3.9 million and non-current portion of $45.0 million, which are included in “Accrued expenses and other current liabilities” and “Other long-term liabilities,” respectively, in the accompanying consolidated balance sheet.

The contingent consideration arrangement in 2012 related to OkCupid, acquired in January 2011.

Assets measured at fair value on a nonrecurring basis

The Company's non-financial assets, such as goodwill, intangible assets and property and equipment, as well as equity and cost method investments, are adjusted to fair value only when an impairment charge is recognized. Such fair value measurements are based predominantly on Level 3 inputs.

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(Unaudited)

At September 30, 2013 and December 31, 2012, the carrying values of the Company's investments accounted for under the cost method totaled $119.2 million and $113.8 million, respectively, and are included in "Long-term investments" in the accompanying consolidated balance sheet. The Company evaluates each cost method investment for possible impairment on a quarterly basis and determines the fair value if indicators of impairment are deemed to be present; the Company recognizes an impairment loss if a decline in value is determined to be other-than-temporary. If the Company has not identified events or changes in circumstances that may have a significant adverse effect on the fair value of a cost method investment, then the fair value of such cost method investment is not estimated, as it is impracticable to do so.

Financial instruments measured at fair value only for disclosure purposes

The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes:

	September 30, 2013						December 31, 2012
	Carrying Value			Fair Value			Carrying Value			Fair Value
	(In thousands)
Current maturities of long-term debt	$	—		$	—		$	(15,844	)	$	(15,875	)
Long-term debt, net of current maturities	(580,000		)	(538,891		)	(580,000		)	(581,994		)

The fair value of long-term debt, including current maturities, is estimated using market prices or indices for similar liabilities and taking into consideration other factors such as credit quality and maturity, which are Level 3 inputs.

NOTE 6—LONG-TERM DEBT

The balance of long-term debt is comprised of:

	September 30, 2013		December 31, 2012
	(In thousands)
7.00% Senior Notes due January 15, 2013 (the "2002 Senior Notes"); interest payable each January 15 and July 15	$	—	$	15,844
4.75% Senior Notes due December 15, 2022 (the "2012 Senior Notes"); interest payable each June 15 and December 15	500,000		500,000
5% New York City Industrial Development Agency Liberty Bonds due September 1, 2035; interest payable each March 1 and September 1	80,000		80,000
Total long-term debt	580,000		595,844
Less current maturities	—		(15,844		)
Long-term debt, net of current maturities	$	580,000	$	580,000

On December 21, 2012, the Company issued $500.0 million aggregate principal amount of 4.75% Senior Notes due December 15, 2022. The 2012 Senior Notes were issued at par. Certain domestic subsidiaries have unconditionally guaranteed the 2012 Senior Notes. See Note 12 for guarantor and non-guarantor financial information.

The indenture governing the 2012 Senior Notes contains covenants that would limit our ability to pay dividends or make other distributions and repurchase or redeem our stock in the event a default has occurred or we are not in compliance with the financial ratio set forth in the indenture. At September 30, 2013, there were no limitations pursuant thereto. There are additional covenants that limit our ability and the ability of our subsidiaries to, among other things, (i) incur indebtedness, make investments, or sell assets in the event we are not in compliance with the financial ratio set forth in the indenture, and (ii) incur liens, enter into agreements restricting our subsidiaries' ability to pay dividends, enter into transactions with affiliates and consolidate, merge or sell all or substantially all of our assets.

On December 21, 2012, the Company entered into a $300.0 million revolving credit facility, which expires on December 21, 2017. The annual fee to maintain the revolving credit facility is currently 25 basis points. At September 30, 2013 and December 31, 2012, there were no outstanding borrowings under the revolving credit facility. IAC's obligation under the

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(Unaudited)

revolving credit facility is unconditionally guaranteed by certain domestic subsidiaries and is also secured by the stock of certain of our domestic and foreign subsidiaries.

NOTE 7—ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables present the components of accumulated other comprehensive loss and items reclassified out of accumulated other comprehensive loss into earnings:

	Three Months Ended September 30, 2013
	Foreign Currency Translation Adjustment			Unrealized Gains On Available-For-Sale Securities			Accumulated Other Comprehensive Loss
	(In thousands)
Balance at July 1	$	(37,302	)	$	5,115		$	(32,187	)
Other comprehensive income	13,976			16,899			30,875
Amounts reclassified from accumulated other comprehensive loss	—			(5,313		)	(5,313		)
Net current period other comprehensive income	13,976			11,586			25,562
Balance at September 30	$	(23,326	)	$	16,701		$	(6,625	)

	Nine Months Ended September 30, 2013
	Foreign Currency Translation Adjustment			Unrealized (Losses) Gains On Available-For-Sale Securities			Accumulated Other Comprehensive Loss
	(In thousands)
Balance at January 1	$	(25,073	)	$	(7,096	)	$	(32,169	)
Other comprehensive income	1,747			19,691			21,438
Amounts reclassified from accumulated other comprehensive loss	—			4,106			4,106
Net current period other comprehensive income	1,747			23,797			25,544
Balance at September 30	$	(23,326	)	$	16,701		$	(6,625	)

Unrealized gains, net of tax, reclassified out of accumulated other comprehensive loss related to the maturities and sales of available-for-sale securities are included in "Other income, net" in the accompanying consolidated statement of operations. Unrealized gains, net of tax, reclassified out of accumulated other comprehensive loss into other (expense) income, net for the three and nine months ended September 30, 2012 were less than $0.1 million and $0.9 million, respectively.

NOTE 8—EARNINGS PER SHARE

The following tables set forth the computation of basic and diluted earnings per share attributable to IAC shareholders.

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(Unaudited)

	Three Months Ended September 30,
	2013				2012
	Basic		Diluted		Basic			Diluted
	(In thousands, except per share data)
Numerator:
Earnings from continuing operations	$	91,721	$	91,721	$	46,185		$	46,185
Net loss attributable to noncontrolling interests	1,305		1,305		156			156
Earnings from continuing operations attributable to IAC shareholders	93,026		93,026		46,341			46,341
Earnings (loss) from discontinued operations attributable to IAC shareholders	3,914		3,914		(5,624		)	(5,624		)
Net earnings attributable to IAC shareholders	$	96,940	$	96,940	$	40,717		$	40,717
Denominator:
Weighted average basic shares outstanding	83,094		83,094		88,296			88,296
Dilutive securities including stock options and RSUs(a)(b)	—		2,978		—			6,394
Denominator for earnings per share—weighted average shares(a)(b)	83,094		86,072		88,296			94,690
Earnings (loss) per share attributable to IAC shareholders:
Earnings per share from continuing operations	$	1.12	$	1.08	$	0.52		$	0.49
Discontinued operations	0.05		0.05		(0.06		)	(0.06		)
Earnings per share	$	1.17	$	1.13	$	0.46		$	0.43

	Nine Months Ended September 30,
	2013				2012
	Basic		Diluted		Basic			Diluted
	(In thousands, except per share data)
Numerator:
Earnings from continuing operations	$	202,970	$	202,970	$	125,439		$	125,439
Net loss (earnings) attributable to noncontrolling interests	3,995		3,995		(331		)	(331		)
Earnings from continuing operations attributable to IAC shareholders	206,965		206,965		125,108			125,108
Earnings (loss) from discontinued operations attributable to IAC shareholders	1,902		1,902		(6,581		)	(6,581		)
Net earnings attributable to IAC shareholders	$	208,867	$	208,867	$	118,527		$	118,527
Denominator:
Weighted average basic shares outstanding	83,636		83,636		85,766			85,766
Dilutive securities including stock options, warrants and RSUs(a)(b)	—		3,032		—			7,026
Denominator for earnings per share—weighted average shares(a)(b)	83,636		86,668		85,766			92,792
Earnings (loss) per share attributable to IAC shareholders:
Earnings per share from continuing operations	$	2.47	$	2.39	$	1.46		$	1.35
Discontinued operations	0.03		0.02		(0.08		)	(0.07		)
Earnings per share	$	2.50	$	2.41	$	1.38		$	1.28

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(Unaudited)

____________________________________________

(a) If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and warrants and vesting of restricted stock units ("RSUs"). As of May 8, 2012, there are no warrants outstanding. For the three and nine months ended September 30, 2013, approximately 0.3 million and 0.7 million shares, respectively, related to potentially dilutive securities are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2012, approximately 0.3 million and 0.7 million shares, respectively, related to potentially dilutive securities are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

(b) Performance-based stock units ("PSUs") are included in the denominator for earnings per share if (i) the applicable performance condition(s) has been met and (ii) the inclusion of the PSUs is dilutive for the respective reporting periods. For the three and nine months ended September 30, 2013, approximately 0.1 million PSUs that are probable of vesting were excluded from the calculation of diluted earnings per share because the performance conditions had not been met. At September 30, 2012, there were approximately 2.3 million PSUs included in the calculation of diluted earnings per share, as their performance conditions had been met. For the three and nine months ended September 30, 2012, approximately 0.6 million PSUs that were probable of vesting were excluded from the calculation of diluted earnings per share because the performance conditions had not been met.

NOTE 9—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 the "Other" reportable segment, do not meet the quantitative thresholds that require presentation as separate operating segments.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Revenue:
Search & Applications	$	407,291		$	370,227		$	1,231,932		$	1,062,187
Match	201,069			178,190			584,251			530,883
Local	62,805			84,314			222,484			245,938
Media	50,974			52,736			154,303			107,015
Other	35,085			29,064			106,135			89,899
Inter-segment elimination	(352		)	(61		)	(573		)	(240		)
Total	$	756,872		$	714,470		$	2,298,532		$	2,035,682

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Operating Income (Loss):
Search & Applications	$	87,756		$	69,036		$	264,085		$	216,593
Match	64,823			56,078			164,169			143,083
Local	9,853			7,343			2,492			22,802
Media	(8,475		)	(13,178		)	(21,331		)	(27,152		)
Other	(2,529		)	(2,685		)	(9,848		)	(6,581		)
Corporate	(29,424		)	(38,561		)	(86,316		)	(110,471		)
Total	$	122,004		$	78,033		$	313,251		$	238,274

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(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Operating Income Before Amortization:
Search & Applications	$	94,647		$	69,192		$	284,303		$	216,771
Match	68,447			59,980			182,358			159,953
Local	12,417			7,817			13,384			23,599
Media	(7,984		)	(12,236		)	(19,880		)	(25,426		)
Other	(1,880		)	(2,259		)	(7,797		)	(5,412		)
Corporate	(15,614		)	(15,898		)	(48,683		)	(47,895		)
Total	$	150,033		$	106,596		$	403,685		$	321,590

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(In thousands)
Depreciation:
Search & Applications	$	3,865	$	3,343	$	14,143	$	10,019
Match	4,985		4,502		14,438		11,781
Local	1,346		2,463		6,399		7,739
Media	526		424		1,573		898
Other	360		286		1,010		787
Corporate	2,407		2,132		6,978		6,266
Total	$	13,489	$	13,150	$	44,541	$	37,490

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 September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(In thousands)
Revenue:
United States	$	527,675	$	499,409	$	1,594,169	$	1,417,622
All other countries	229,197		215,061		704,363		618,060
Total	$	756,872	$	714,470	$	2,298,532	$	2,035,682

	September 30, 2013		December 31, 2012
	(In thousands)
Long-lived assets (excluding goodwill and intangible assets):
United States	$	268,725	$	251,379
All other countries	21,745		19,133
Total	$	290,470	$	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

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(Unaudited)

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 September 30, 2013
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Acquisition-related Contingent Consideration Fair Value Adjustments			Operating Income (Loss)
	(In thousands)
Search & Applications	$	94,647		$	—		$	(6,891	)	$	—		$	87,756
Match	68,447			(336		)	(2,656		)	(632		)	64,823
Local	12,417			—			(2,564		)	—			9,853
Media	(7,984		)	(219		)	(272		)	—			(8,475		)
Other	(1,880		)	—			(649		)	—			(2,529		)
Corporate	(15,614		)	(13,810		)	—			—			(29,424		)
Total	$	150,033		$	(14,365	)	$	(13,032	)	$	(632	)	$	122,004

	Three Months Ended September 30, 2012
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Operating Income (Loss)
	(In thousands)
Search & Applications	$	69,192		$	(9	)	$	(147	)	$	69,036
Match	59,980			(560		)	(3,342		)	56,078
Local	7,817			—			(474		)	7,343
Media	(12,236		)	(62		)	(880		)	(13,178		)
Other	(2,259		)	(57		)	(369		)	(2,685		)
Corporate	(15,898		)	(22,663		)	—			(38,561		)
Total	$	106,596		$	(23,351	)	$	(5,212	)	$	78,033

20

IAC/INTERACTIVECORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(Unaudited)

	Nine Months Ended September 30, 2013
	Operating Income Before Amortization			Non-Cash Compensation Expense			Amortization of Intangibles			Acquisition-related Contingent Consideration Fair Value Adjustments			Operating Income (Loss)
	(In thousands)
Search & Applications	$	284,303		$	(3	)	$	(20,215	)	$	—		$	264,085
Match	182,358			(542		)	(11,308		)	(6,339		)	164,169
Local	13,384			—			(10,892		)	—			2,492
Media	(19,880		)	(637		)	(814		)	—			(21,331		)
Other	(7,797		)	(33		)	(2,018		)	—			(9,848		)
Corporate	(48,683		)	(37,633