CONSOLIDATED BALANCE SHEET (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 807,196	$ 704,153
Marketable securities	138,597	165,695
Accounts receivable, net of allowance of $6,775 and $7,309, respectively	205,156	177,030
Other current assets	128,272	112,255
Total current assets	1,279,221	1,159,133
Property and equipment, net	255,926	259,588
Goodwill	1,345,873	1,358,524
Intangible assets, net	367,207	378,107
Long-term investments	191,607	173,752
Other non-current assets	106,514	80,761
TOTAL ASSETS	3,546,348	3,409,865
LIABILITIES:
Current maturities of long-term debt	15,844
Accounts payable, trade	71,592	64,398
Deferred revenue	159,681	126,297
Accrued expenses and other current liabilities	362,426	343,490
Total current liabilities	609,543	534,185
Long-term debt, net of current maturities	80,000	95,844
Income taxes payable	478,287	450,533
Deferred income taxes	301,616	302,213
Other long-term liabilities	28,125	16,601
Redeemable noncontrolling interests	56,337	50,349
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Additional paid-in capital	11,605,486	11,280,173
Accumulated deficit	(399,975)	(477,785)
Accumulated other comprehensive loss	(15,560)	(12,443)
Treasury stock 175,173,225 and 167,342,069 shares, respectively	(9,247,299)	(8,885,146)
Total IAC shareholders' equity	1,942,916	1,905,049
Noncontrolling interests	49,524	55,091
Total shareholders' equity	1,992,440	1,960,140
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	3,546,348	3,409,865
Common Stock
SHAREHOLDERS' EQUITY:
Common stock	248	234
Class B Convertible Common Stock
SHAREHOLDERS' EQUITY:
Common stock	$ 16	$ 16