IAC/INTERACTIVECORP IAC Income Statement

Iac/interactivecorp (IAC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
4,879	4,757	4,643	4,501	4,373	4,262	4,109	3,833	3,541	3,307	3,167	3,103	3,081	3,139	3,177	3,251	3,277	3,230	3,212	3,156	3,141	3,109	3,003	2,977	3,020	3,022	3,063	3,021	2,902	2,800	2,632	2,435	2,239	2,059	1,913	1,810	1,718	1,636	1,521	1,449	0	0	0
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)
1,190	1,127	1,086	1,027	969	911	857	786	707	651	663	676	707	755	757	777	785	778	779	804	837	860	844	868	930	977	1,046	1,059	1,023	991	934	860	804	753	716	676	635	593	525	484	0	0	0
Selling and marketing expense
1,640	1,629	1,616	1,579	1,538	1,519	1,517	1,483	1,433	1,381	1,298	1,238	1,214	1,247	1,290	1,340	1,368	1,348	1,330	1,265	1,213	1,149	1,093	1,063	1,038	982	966	953	917	894	856	774	696	617	551	516	502	492	475	475	0	0	0
General and administrative expense
931	888	857	840	803	774	753	797	759	719	655	544	541	530	538	547	529	512	499	472	453	433	414	383	377	378	387	404	390	386	354	345	336	321	334	324	318	316	295	290	0	0	0
Product development expense
362	345	333	324	321	309	300	293	273	250	231	210	208	212	220	217	210	196	188	182	175	168	153	148	143	139	142	135	128	116	112	106	96	90	75	70	68	65	59	58	0	0	0
Depreciation
94	88	81	77	75	75	75	74	73	74	75	76	75	71	66	64	62	62	63	62	61	61	58	57	59	58	59	59	54	52	50	55	55	56	60	57	61	63	62	64	0	0	0
Amortization of intangibles
122	92	113	110	111	108	80	64	52	42	36	46	74	79	165	163	141	139	55	59	58	57	56	53	57	59	62	55	42	35	30	30	26	22	26	24	26	27	20	26	0	0	0
Amortization of non-cash marketing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Goodwill impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
4,556	4,175	4,089	3,960	3,818	3,697	3,583	3,499	3,300	3,118	2,960	2,792	3,098	3,172	3,328	3,401	3,111	3,051	2,917	2,847	2,799	2,730	2,621	2,575	2,607	2,596	2,665	2,666	2,557	2,477	2,338	2,172	2,016	1,861	1,793	1,698	1,640	1,587	1,443	1,404	0	0	0
Operating Income (Loss)
323	581	553	540	555	565	525	334	241	188	206	311	-16	-32	-150	-149	165	179	295	309	342	378	381	402	413	426	398	354	345	323	293	262	223	197	120	111	78	49	78	44	0	0	0
Equity in earnings (losses) of unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-6	-1	-1	-19	-25	-38	-50	-40	-36	-24	-9	-4	-25	-31	-32	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest expense
167	153	138	123	113	109	112	109	107	105	101	103	106	109	110	99	87	73	59	57	56	56	52	46	39	33	24	18	12	6	0	0	0	-	-	-	-	-	-	-	-	0	0
Other (expense) income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Other (expense) income, net
16	66	178	185	311	305	166	147	-13	-16	32	54	37	60	17	40	45	36	54	24	-43	-52	-55	-43	26	30	12	-3	-4	-3	7	11	17	15	0	0	0	-	-	-	-	0	0
(Loss) earnings before income taxes
172	494	594	602	752	761	579	372	121	66	138	262	-85	-81	-244	-208	124	142	291	276	242	269	270	307	393	416	384	330	309	289	252	215	193	171	99	101	67	22	108	135	0	0	0
Income tax benefit
-75	-49	-42	-45	-30	3	15	-245	-296	-291	-310	-13	-90	-64	-82	-59	24	29	78	-21	20	35	24	120	130	134	137	128	117	119	85	26	7	-4	-1	46	41	32	61	67	0	0	0
(Loss) earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	212	297	222	234	245	186	263	281	247	201	191	169	167	189	186	175	101	55	25	-9	47	67	0	0	0
Earnings from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	176	175	174	174	2	2	1	-0	-10	-13	-9	-2	-0	1	-3	-33	-34	-34	-37	-14	-12	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
248	543	637	648	782	757	563	617	417	358	448	275	4	-16	-161	-148	99	113	213	474	397	409	419	189	265	283	246	191	177	160	165	188	188	171	208	162	131	94	32	55	0	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
116	112	114	109	138	130	95	115	67	53	74	37	27	25	13	3	-2	-6	-8	-8	-7	-5	-2	-2	-2	-2	-2	-1	-0	1	-2	-3	-2	-2	-3	-2	-4	-5	-1	-2	0	0	0
Net (loss) earnings attributable to IAC shareholders
131	431	522	539	644	626	468	501	349	304	374	237	-23	-41	-175	-152	101	119	221	482	405	414	421	191	268	285	249	193	178	159	167	191	190	174	212	164	136	99	34	57	0	0	0
Per share information attributable to IAC shareholders:
Basic (loss) earnings per share from continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.79	0.72	0.31	0.84	1.81	-0.21	0.44	0.92	1.12	0.71	0.65	0.50	0.52	0.56	0.37	0.52	0.81	0.50	0.22	-0.29	0.22	0.15	-0.12	0.18	0.29
Diluted (loss) earnings per share from continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.74	0.68	0.30	0.80	1.70	-0.21	0.42	0.88	1.08	0.69	0.62	0.46	0.49	0.52	0.34	0.49	0.73	0.46	0.21	-0.27	0.21	0.14	-0.12	0.18	0.29
Basic earnings per share (USD per share)
-2.49	1.19	1.52	1.35	1.06	2.30	1.75	2.61	0.86	0.41	2.22	0.84	0.34	1.29	0.54	-2.45	0.10	-0.39	0.79	0.72	0.32	0.85	3.91	-0.22	0.44	0.91	1.17	0.70	0.64	0.47	0.46	0.50	0.42	0.57	0.77	0.47	0.20	0.80	0.17	0.12	-0.16	0.16	0.28
Diluted earnings per share (USD per share)
-2.49	1.05	1.35	1.19	0.91	2.07	1.49	2.32	0.71	0.40	1.79	0.70	0.29	1.35	0.49	-2.45	0.09	-0.39	0.74	0.68	0.30	0.81	3.68	-0.22	0.41	0.88	1.13	0.67	0.61	0.43	0.43	0.47	0.38	0.53	0.69	0.44	0.19	0.81	0.16	0.12	-0.16	0.16	0.28
Dividends declared per share (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.34	0.34	0.34	0.34	0.34	0.34	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.12	0.12	-	0.00	-	-	-	-	-	-	-	-
Stock-based compensation expense by function:
Stock-based compensation expense
231	240	246	251	246	238	229	308	289	264	229	118	107	104	116	119	117	105	88	78	68	59	57	54	49	53	59	68	76	85	87	87	89	88	90	84	82	84	76	72	0	0	0
Cost of revenue
Stock-based compensation expense
3	3	3	3	3	2	2	2	2	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling and marketing expense
Stock-based compensation expense
10	10	10	9	8	7	12	31	31	31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expense
Stock-based compensation expense
177	178	185	192	187	188	174	224	211	192	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product development expense
Stock-based compensation expense
40	48	47	46	46	39	39	49	44	38	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-