Iac/interactivecorp (IAC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue

4,757

4,262

3,307

3,139

3,230

3,109

3,022

2,800

2,059

1,636

1,346

1,410

Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)

1,127

911

651

755

778

860

977

991

753

593

429

456

Selling and marketing expense

1,629

1,519

1,381

1,247

1,348

1,149

982

894

617

492

463

444

General and administrative expense

888

774

719

530

512

433

378

386

321

316

282

346

Product development expense

345

309

250

212

196

168

139

116

90

65

57

63

Depreciation

88

75

74

71

62

61

58

52

56

63

61

67

Amortization of intangibles

92

108

42

79

139

57

59

35

22

27

157

43

Amortization of non-cash marketing

-

-

-

-

-

-

-

-

-

-

15

20

Goodwill impairment

3

0

0

275

14

0

0

-

-

28

916

11

Total operating costs and expenses

4,175

3,697

3,118

3,172

3,051

2,730

2,596

2,477

1,861

1,587

2,384

1,454

Operating Income (Loss)

581

565

188

-32

179

378

426

323

197

49

-1,037

-44

Equity in earnings (losses) of unconsolidated affiliates

-

-

-

-

-

-

-6

-25

-36

-25

-14

16

Interest income

-

-

-

-

-

-

-

-

-

-

-

24

Interest expense

153

109

105

109

73

56

33

6

5

-

-

32

Gain on sales of long-term investments

-

-

-

-

-

-

-

-

-

-

-

381

Other (expense) income, net

-

-

-

-

-

-

-

-

-

-

-

-234

Other (expense) income, net

66

305

-16

60

36

-52

30

-3

15

-1

105

155

(Loss) earnings before income taxes

494

761

66

-81

142

269

416

289

171

22

-946

111

Income tax benefit

-49

3

-291

-64

29

35

134

119

-4

32

9

-30

(Loss) earnings from continuing operations

-

-

-

-

-

234

281

169

175

-9

-956

141

Earnings from discontinued operations, net of tax

-

-

-

-

-

174

1

-9

-3

-37

-23

-329

Gain on Liberty Exchange

-

-

-

-

-

-

-

-

-

140

-

23

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

543

757

358

-16

113

409

283

160

171

94

-979

-164

Net Income (Loss) Attributable to Noncontrolling Interest

112

130

53

25

-6

-5

-2

1

-2

-5

-1

-7

Net (loss) earnings attributable to IAC shareholders

431

626

304

-41

119

414

285

159

174

99

-978

-156

Per share information attributable to IAC shareholders:
Basic (loss) earnings per share from continuing operations (in usd per share)

-

-

-

-

-

2.88

3.40

1.95

2.05

-0.04

-6.89

1.07

Diluted (loss) earnings per share from continuing operations (in usd per share)

-

-

-

-

-

2.71

3.27

1.81

1.89

-0.04

-6.89

1.04

Basic earnings per share (USD per share)

5.12

7.52

3.81

-0.52

1.44

4.98

3.42

1.85

2.01

0.93

-7.06

-1.12

Diluted earnings per share (USD per share)

4.50

6.59

3.18

-0.52

1.33

4.68

3.29

1.71

1.85

0.93

-7.06

-1.08

Dividends declared per share (in usd per share)

-

-

-

-

1.36

1.16

0.96

0.72

0.12

0.00

-

-

Stock-based compensation expense by function:
Stock-based compensation expense

240

238

264

104

105

59

53

85

88

84

70

85

Cost of revenue
Stock-based compensation expense

3

2

1

2

-

-

-

-

-

-

-

-

Selling and marketing expense
Stock-based compensation expense

10

7

31

6

-

-

-

-

-

-

-

-

General and administrative expense
Stock-based compensation expense

178

188

192

77

-

-

-

-

-

-

-

-

Product development expense
Stock-based compensation expense

48

39

38

19

-

-

-

-

-

-

-

-