$EXPE
Expedia Group, Inc.

2014 Q2 Form 10-Q Financial Statement

#000119312514290046 Filed on August 01, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $1.495B $1.205B
YoY Change 24.03% 15.87%
Cost Of Revenue $300.5M $262.6M
YoY Change 14.43% 14.31%
Gross Profit $1.194B $942.4M
YoY Change 26.71% 16.31%
Gross Profit Margin 79.89% 78.21%
Selling, General & Admin $846.2M $682.4M
YoY Change 24.0% 29.29%
% of Gross Profit 70.86% 72.41%
Research & Development $169.1M $140.7M
YoY Change 20.18% 21.25%
% of Gross Profit 14.16% 14.93%
Depreciation & Amortization $65.56M $51.14M
YoY Change 28.2% 32.26%
% of Gross Profit 5.49% 5.43%
Operating Expenses $1.015B $823.0M
YoY Change 23.35% 27.84%
Operating Profit $129.2M $94.29M
YoY Change 37.05% -38.95%
Interest Expense $22.32M $21.63M
YoY Change 3.2% -1.64%
% of Operating Profit 17.27% 22.94%
Other Income/Expense, Net -$22.62M -$6.863M
YoY Change 229.52% -64.94%
Pretax Income $106.6M $87.42M
YoY Change 21.94% -35.18%
Income Tax $20.75M $24.41M
% Of Pretax Income 19.47% 27.92%
Net Earnings $89.37M $71.50M
YoY Change 25.0% -32.06%
Net Earnings / Revenue 5.98% 5.93%
Basic Earnings Per Share $0.69 $0.52
Diluted Earnings Per Share $0.67 $0.51
COMMON SHARES
Basic Shares Outstanding 129.5M shares 136.4M shares
Diluted Shares Outstanding 133.7M shares 141.1M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.372B $2.270B
YoY Change 4.49% -5.14%
Cash & Equivalents $1.434B $1.312B
Short-Term Investments $938.0M $958.0M
Other Short-Term Assets $266.0M $308.0M
YoY Change -13.64% 71.11%
Inventory
Prepaid Expenses
Receivables $927.9M $684.9M
Other Receivables $75.00M $0.00
Total Short-Term Assets $3.641B $3.264B
YoY Change 11.56% 5.74%
LONG-TERM ASSETS
Property, Plant & Equipment $509.8M $440.7M
YoY Change 15.67% 17.05%
Goodwill $3.697B $3.643B
YoY Change 1.47% 21.41%
Intangibles $1.087B $1.145B
YoY Change -5.09% 36.95%
Long-Term Investments $284.0M $251.0M
YoY Change 13.15% 22.44%
Other Assets $16.00M
YoY Change
Total Long-Term Assets $5.594B $5.480B
YoY Change 2.07% 24.03%
TOTAL ASSETS
Total Short-Term Assets $3.641B $3.264B
Total Long-Term Assets $5.594B $5.480B
Total Assets $9.235B $8.744B
YoY Change 5.61% 16.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.634B $414.5M
YoY Change 294.2% 49.62%
Accrued Expenses $597.7M $450.7M
YoY Change 32.6% 25.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.858B $4.211B
YoY Change 15.36% 22.05%
LONG-TERM LIABILITIES
Long-Term Debt $1.249B $1.249B
YoY Change 0.01% 0.01%
Other Long-Term Liabilities $182.7M $127.0M
YoY Change 43.81% 0.68%
Total Long-Term Liabilities $1.432B $1.376B
YoY Change 4.05% 0.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.858B $4.211B
Total Long-Term Liabilities $1.432B $1.376B
Total Liabilities $6.290B $5.587B
YoY Change 12.58% 15.78%
SHAREHOLDERS EQUITY
Retained Earnings -$134.1M -$474.8M
YoY Change -71.75% -23.45%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.805B $3.077B
YoY Change 23.65% 8.62%
Treasury Stock Shares 80.41M shares 68.40M shares
Shareholders Equity $1.876B $2.228B
YoY Change
Total Liabilities & Shareholders Equity $9.235B $8.744B
YoY Change 5.61% 16.51%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $89.37M $71.50M
YoY Change 25.0% -32.06%
Depreciation, Depletion And Amortization $65.56M $51.14M
YoY Change 28.2% 32.26%
Cash From Operating Activities $493.5M $318.5M
YoY Change 54.95% -42.38%
INVESTING ACTIVITIES
Capital Expenditures -$82.50M -$70.60M
YoY Change 16.86% 6.33%
Acquisitions
YoY Change
Other Investing Activities -$248.9M $14.30M
YoY Change -1840.56% -103.0%
Cash From Investing Activities -$331.4M -$56.50M
YoY Change 486.55% -89.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -217.4M -11.60M
YoY Change 1774.14% -112.98%
NET CHANGE
Cash From Operating Activities 493.5M 318.5M
Cash From Investing Activities -331.4M -56.50M
Cash From Financing Activities -217.4M -11.60M
Net Change In Cash -55.30M 250.4M
YoY Change -122.08% 154.21%
FREE CASH FLOW
Cash From Operating Activities $493.5M $318.5M
Capital Expenditures -$82.50M -$70.60M
Free Cash Flow $576.0M $389.1M
YoY Change 48.03% -37.16%

Facts In Submission

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dei Trading Symbol
TradingSymbol
EXPE
dei Entity Registrant Name
EntityRegistrantName
EXPEDIA, INC.
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001324424
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
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Q2
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us-gaap Prior Period Reclassification Adjustment Description
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<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b><i>Reclassifications</i></b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">We have reclassified certain amounts related to our prior period results to conform to our current period presentation.</font></p> </div>
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<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b><i>Accounting Estimates</i></b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">We use estimates and assumptions in the preparation of our interim unaudited consolidated financial statements in accordance with GAAP. Our estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of our interim unaudited consolidated financial statements. These estimates and assumptions also affect the reported amount of net income or loss during any period. Our actual financial results could differ significantly from these estimates. The significant estimates underlying our interim unaudited consolidated financial statements include revenue recognition; recoverability of current and long-lived assets, intangible assets and goodwill; income and transactional taxes, such as potential settlements related to occupancy and excise taxes; loss contingencies; loyalty program liabilities; redeemable noncontrolling interests; stock-based compensation and accounting for derivative instruments.</font></p> </div>
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us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-16000000
us-gaap Sales Revenue Net
SalesRevenueNet
2695003000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
157213000
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
99383000
us-gaap Investment Income Interest
InvestmentIncomeInterest
12681000
us-gaap Profit Loss
ProfitLoss
66050000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
86499000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2386000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
36630000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7658000
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
3590000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
312000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
38833000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1026054000
us-gaap Interest Paid
InterestPaid
43066000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
87120000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
307000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
82677000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5107000
us-gaap Operating Income Loss
OperatingIncomeLoss
126222000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
44926000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-3590000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
339020000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-39102000
us-gaap Net Income Loss
NetIncomeLoss
75069000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
20137000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20449000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-295610000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-809000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1693000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3822000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
201585000
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
8828000
us-gaap Share Based Compensation
ShareBasedCompensation
45835000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
412787000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1368315000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-764993000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21070000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
8448000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
339000000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
21237000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
236810000
us-gaap Interest Expense
InterestExpense
44125000
us-gaap Cost Of Revenue
CostOfRevenue
595120000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-42764000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
27394000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36756000
us-gaap Depreciation
Depreciation
127692000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-9019000
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
419478000
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
53156000
expe Incremental Common Shares Attributable To Other Dilutive Securities
IncrementalCommonSharesAttributableToOtherDilutiveSecurities
118000 shares
expe Condensed Consolidating Reporting Information Other Income Expense Net
CondensedConsolidatingReportingInformationOtherIncomeExpenseNet
39102000
expe Increase Decrease In Accounts Payable Merchant
IncreaseDecreaseInAccountsPayableMerchant
168202000
expe Adjusted Earnings Before Income Tax Depreciation Amortization
AdjustedEarningsBeforeIncomeTaxDepreciationAmortization
366027000
expe Increase Decrease In Deferred Merchant Bookings
IncreaseDecreaseInDeferredMerchantBookings
1175122000
expe Realized Gain Loss On Revenue Hedges
RealizedGainLossOnRevenueHedges
5433000
expe Other Financing Activities Net
OtherFinancingActivitiesNet
43410000
expe Other Investing Activities Net
OtherInvestingActivitiesNet
-1204000
expe Legal Reserves Occupancy Tax And Other
LegalReservesOccupancyTaxAndOther
34955000
expe Foreign Exchange Gain Loss On Cash Cash Equivalents And Short Term Investments Net
ForeignExchangeGainLossOnCashCashEquivalentsAndShortTermInvestmentsNet
15746000
expe Incremental Common Shares Attributable To Call Options
IncrementalCommonSharesAttributableToCallOptions
4235000 shares
expe Technology And Content Expense
TechnologyAndContentExpense
332050000
expe Currency Translation Adjustments And Other Attributable To Noncontrolling Interest
CurrencyTranslationAdjustmentsAndOtherAttributableToNoncontrollingInterest
-33243000
expe Statute Of Limitations Expiration Date
StatuteOfLimitationsExpirationDate
2014-07-01
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141112000 shares
CY2013Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279 pure
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136351000 shares
CY2013Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
38000000
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1205017000
CY2013Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
7278000
CY2013Q2 us-gaap Profit Loss
ProfitLoss
63015000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
66703000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7488000
CY2013Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1282000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
87423000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
73668000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
94286000
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6863000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
71500000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
4970000
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3688000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-6965000
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
91891000
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
16086000
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
590468000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24408000
CY2013Q2 us-gaap Interest Expense
InterestExpense
21629000
CY2013Q2 us-gaap Cost Of Revenue
CostOfRevenue
262607000
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18837000
CY2013Q2 us-gaap Depreciation
Depreciation
51139000
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-8485000
CY2013Q2 expe Incremental Common Shares Attributable To Other Dilutive Securities
IncrementalCommonSharesAttributableToOtherDilutiveSecurities
167000 shares
CY2013Q2 expe Condensed Consolidating Reporting Information Other Income Expense Net
CondensedConsolidatingReportingInformationOtherIncomeExpenseNet
6863000
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
144000
CY2013Q2 expe Adjusted Earnings Before Income Tax Depreciation Amortization
AdjustedEarningsBeforeIncomeTaxDepreciationAmortization
191702000
CY2013Q2 expe Realized Gain Loss On Revenue Hedges
RealizedGainLossOnRevenueHedges
-5108000
CY2013Q2 expe Legal Reserves Occupancy Tax And Other
LegalReservesOccupancyTaxAndOther
6246000
CY2013Q2 expe Incremental Common Shares Attributable To Call Options
IncrementalCommonSharesAttributableToCallOptions
4594000 shares
CY2013Q2 expe Technology And Content Expense
TechnologyAndContentExpense
140682000
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133668000 shares
CY2014Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.195 pure
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129538000 shares
CY2014Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-8000000
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1494632000
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
6883000
CY2014Q2 us-gaap Profit Loss
ProfitLoss
85854000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
80922000
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7177000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
106605000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
86886000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
129220000
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-22615000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
89373000
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-5076000
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4932000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-5964000
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
102540000
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
21014000
CY2014Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
743616000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20751000
CY2014Q2 us-gaap Interest Expense
InterestExpense
22321000
CY2014Q2 us-gaap Cost Of Revenue
CostOfRevenue
300501000
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18264000
CY2014Q2 us-gaap Depreciation
Depreciation
65558000
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3519000
CY2014Q2 expe Incremental Common Shares Attributable To Other Dilutive Securities
IncrementalCommonSharesAttributableToOtherDilutiveSecurities
100000 shares
CY2014Q2 expe Condensed Consolidating Reporting Information Other Income Expense Net
CondensedConsolidatingReportingInformationOtherIncomeExpenseNet
22615000
CY2014Q2 expe Adjusted Earnings Before Income Tax Depreciation Amortization
AdjustedEarningsBeforeIncomeTaxDepreciationAmortization
259256000
CY2014Q2 expe Realized Gain Loss On Revenue Hedges
RealizedGainLossOnRevenueHedges
6216000
CY2014Q2 expe Legal Reserves Occupancy Tax And Other
LegalReservesOccupancyTaxAndOther
31416000
CY2014Q2 expe Incremental Common Shares Attributable To Call Options
IncrementalCommonSharesAttributableToCallOptions
4030000 shares
CY2014Q2 expe Technology And Content Expense
TechnologyAndContentExpense
169075000

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