2012 Q2 Form 10-Q Financial Statement

#000135509612000038 Filed on August 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $2.365B $2.245B
YoY Change 5.35% 9.35%
Cost Of Revenue $1.488B $1.398B
YoY Change 6.44% 8.88%
Gross Profit $877.0M $847.0M
YoY Change 3.54% 10.14%
Gross Profit Margin 37.08% 37.73%
Selling, General & Admin $241.0M $202.0M
YoY Change 19.31% 21.69%
% of Gross Profit 27.48% 23.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $147.0M $148.0M
YoY Change -0.68% 6.47%
% of Gross Profit 16.76% 17.47%
Operating Expenses $241.0M $202.0M
YoY Change 19.31% -59.19%
Operating Profit $290.0M $288.0M
YoY Change 0.69% 5.11%
Interest Expense $107.0M $107.0M
YoY Change 0.0% -189.92%
% of Operating Profit 36.9% 37.15%
Other Income/Expense, Net $86.00M $22.00M
YoY Change 290.91% -204.76%
Pretax Income $376.0M $310.0M
YoY Change 21.29% 131.34%
Income Tax $127.0M $115.0M
% Of Pretax Income 33.78% 37.1%
Net Earnings $234.0M $257.0M
YoY Change -8.95% 343.1%
Net Earnings / Revenue 9.89% 11.45%
Basic Earnings Per Share
Diluted Earnings Per Share $220.6K $299.8K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.360B
YoY Change 23.64%
Cash & Equivalents $1.793B $1.312B
Short-Term Investments $48.00M
Other Short-Term Assets $87.00M $94.00M
YoY Change -7.45% 22.08%
Inventory $1.096B $1.103B
Prepaid Expenses
Receivables $633.0M
Other Receivables $0.00
Total Short-Term Assets $2.637B $3.190B
YoY Change -17.34% 1.66%
LONG-TERM ASSETS
Property, Plant & Equipment $1.168B $1.044B
YoY Change 11.88% 5.14%
Goodwill $5.985B
YoY Change
Intangibles $2.525B
YoY Change
Long-Term Investments $1.213B $2.279B
YoY Change -46.77% 98.87%
Other Assets $74.00M $82.00M
YoY Change -9.76% -1.2%
Total Long-Term Assets $14.39B $14.38B
YoY Change 0.1% 9.08%
TOTAL ASSETS
Total Short-Term Assets $2.637B $3.190B
Total Long-Term Assets $14.39B $14.38B
Total Assets $17.03B $17.57B
YoY Change -3.06% 7.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $482.0M $528.0M
YoY Change -8.71% 17.33%
Accrued Expenses $682.0M $601.0M
YoY Change 13.48% 4.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $511.0M
YoY Change -27.31%
Total Short-Term Liabilities $3.857B $2.047B
YoY Change 88.42% -6.32%
LONG-TERM LIABILITIES
Long-Term Debt $4.564B $5.919B
YoY Change -22.89% 9.77%
Other Long-Term Liabilities $218.0M $269.0M
YoY Change -18.96% 5.91%
Total Long-Term Liabilities $4.782B $6.188B
YoY Change -22.72% 9.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.857B $2.047B
Total Long-Term Liabilities $4.782B $6.188B
Total Liabilities $10.72B $10.99B
YoY Change -2.47% 3.67%
SHAREHOLDERS EQUITY
Retained Earnings $3.979B
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.177B $6.576B
YoY Change
Total Liabilities & Shareholders Equity $17.03B $17.57B
YoY Change -3.06% 7.65%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $234.0M $257.0M
YoY Change -8.95% 343.1%
Depreciation, Depletion And Amortization $147.0M $148.0M
YoY Change -0.68% 6.47%
Cash From Operating Activities $393.0M $260.0M
YoY Change 51.15% 602.7%
INVESTING ACTIVITIES
Capital Expenditures -$83.00M -$62.00M
YoY Change 33.87% -3.13%
Acquisitions
YoY Change
Other Investing Activities -$27.00M $62.00M
YoY Change -143.55% 520.0%
Cash From Investing Activities -$110.0M $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -283.0M -192.0M
YoY Change 47.4% -68.52%
NET CHANGE
Cash From Operating Activities 393.0M 260.0M
Cash From Investing Activities -110.0M 0.000
Cash From Financing Activities -283.0M -192.0M
Net Change In Cash 0.000 68.00M
YoY Change -100.0% -110.85%
FREE CASH FLOW
Cash From Operating Activities $393.0M $260.0M
Capital Expenditures -$83.00M -$62.00M
Free Cash Flow $476.0M $322.0M
YoY Change 47.83% 218.81%

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290000000 USD
us-gaap Operating Income Loss
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548000000 USD
us-gaap Operating Income Loss
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501000000 USD
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87000000 USD
CY2011Q4 us-gaap Other Assets Current
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148000000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
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74000000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
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78000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
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-36000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
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70000000 USD
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CY2011Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
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22000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
56000000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-52000000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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34000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-37000000 USD
CY2011Q4 us-gaap Other Liabilities Current
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128000000 USD
CY2012Q2 us-gaap Other Liabilities Current
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372000000 USD
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248000000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
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218000000 USD
us-gaap Other Nonoperating Income Expense
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21000000 USD
us-gaap Other Nonoperating Income Expense
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33000000 USD
CY2012Q2 us-gaap Other Nonoperating Income Expense
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30000000 USD
CY2011Q2 us-gaap Other Nonoperating Income Expense
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3000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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664000000 USD
CY2011Q4 us-gaap Receivables Net Current
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1054000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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40000000 USD
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
48000000 USD
us-gaap Payments For Proceeds From Short Term Investments
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-46000000 USD
us-gaap Payments For Repurchase Of Common Stock
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637000000 USD
us-gaap Payments For Repurchase Of Common Stock
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0 USD
us-gaap Payments To Acquire Investments
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108000000 USD
us-gaap Payments To Acquire Investments
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7000000 USD
us-gaap Payments To Acquire Productive Assets
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151000000 USD
us-gaap Payments To Acquire Productive Assets
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103000000 USD
CY2011Q4 us-gaap Pledged Assets Not Separately Reported Other Financial Instruments
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0 USD
CY2012Q2 us-gaap Pledged Assets Not Separately Reported Other Financial Instruments
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223000000 USD
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2011Q4 us-gaap Preferred Stock Shares Authorized
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50000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Authorized
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50000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2012Q2 us-gaap Preferred Stock Shares Issued
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0 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2012Q2 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2011Q4 us-gaap Preferred Stock Value
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0 USD
CY2012Q2 us-gaap Preferred Stock Value
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0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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192000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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666000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-26000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-42000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
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348000000 USD
CY2012Q2 us-gaap Proceeds From Sale Of Equity Method Investments
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338000000 USD
CY2012Q2 us-gaap Profit Loss
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249000000 USD
us-gaap Profit Loss
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668000000 USD
CY2011Q2 us-gaap Profit Loss
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269000000 USD
us-gaap Profit Loss
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354000000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
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2093000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
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2002000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
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CY2012Q2 us-gaap Property Plant And Equipment Net
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1168000000 USD
us-gaap Related Party Transaction Amounts Of Transaction
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us-gaap Repayments Of Long Term Debt
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873000000 USD
us-gaap Repayments Of Long Term Debt
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393000000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
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3979000000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
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3654000000 USD
us-gaap Sales Revenue Goods Net
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4679000000 USD
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2245000000 USD
CY2012Q2 us-gaap Sales Revenue Goods Net
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2365000000 USD
us-gaap Sales Revenue Goods Net
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4404000000 USD
us-gaap Sales Revenue Net
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4679000000 USD
us-gaap Sales Revenue Net
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4404000000 USD
CY2012Q2 us-gaap Sales Revenue Net
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2365000000 USD
CY2011Q2 us-gaap Sales Revenue Net
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2245000000 USD
us-gaap Selling General And Administrative Expense
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480000000 USD
us-gaap Selling General And Administrative Expense
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419000000 USD
CY2011Q2 us-gaap Selling General And Administrative Expense
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202000000 USD
CY2012Q2 us-gaap Selling General And Administrative Expense
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241000000 USD
us-gaap Share Based Compensation
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30000000 USD
us-gaap Share Based Compensation
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35000000 USD
CY2012Q2 us-gaap Share Based Compensation
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18000000 USD
CY2011Q2 us-gaap Share Based Compensation
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14000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period
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4
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.38
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CY2011Q4 us-gaap Stockholders Equity
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6493000000 USD
CY2012Q2 us-gaap Stockholders Equity
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CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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6627000000 USD
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linta Adjusted Oibda
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linta Adjusted Oibda
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CY2012Q2 linta Adjusted Oibda
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linta Cash Receipts From Return On Equity Investments
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linta Change In Available Cash Held By Discontinued Operations
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CY2011Q2 linta Other Comprehensive Earnings Loss From Discontinued Operations
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linta Other Comprehensive Earnings Loss From Discontinued Operations
OtherComprehensiveEarningsLossFromDiscontinuedOperations
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CY2012Q2 linta Other Comprehensive Earnings Loss From Discontinued Operations
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CY2012Q2 linta Share Of Other Comprehensive Earnings Loss Of Equity Affiliates
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CY2011Q2 linta Share Of Other Comprehensive Earnings Loss Of Equity Affiliates
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linta Table Presents Number And Weighted Average Exercise Price Waep Of Certain Options And Sars To Purchase Common Stock Granted To Certain Officers Employees And Directors Of Company
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the number and weighted average exercise price ("WAEP") of the Awards to purchase Liberty Interactive common stock granted to certain officers, employees and directors of the Company.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:545px;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td width="256px" rowspan="1" colspan="1"></td><td width="76px" rowspan="1" colspan="1"></td><td width="4px" rowspan="1" colspan="1"></td><td width="5px" rowspan="1" colspan="1"></td><td width="9px" rowspan="1" colspan="1"></td><td width="51px" rowspan="1" colspan="1"></td><td width="4px" rowspan="1" colspan="1"></td><td width="5px" rowspan="1" colspan="1"></td><td width="60px" rowspan="1" colspan="1"></td><td width="4px" rowspan="1" colspan="1"></td><td width="5px" rowspan="1" colspan="1"></td><td width="9px" rowspan="1" colspan="1"></td><td width="51px" rowspan="1" colspan="1"></td><td width="4px" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</font></div></td><td colspan="13" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Liberty Interactive</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Series A (000's)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">WAEP</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Series B (000's)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div 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style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.63</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,412</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.98</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited/Cancelled/Exchanged</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(243</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.39</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at June 30, 2012</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,285</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.70</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">450</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.74</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable at June 30, 2012</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,338</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.80</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">450</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.74</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2012Q1 dei Amendment Flag
AmendmentFlag
false
CY2012Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2012Q1 dei Document Period End Date
DocumentPeriodEndDate
2012-03-31
CY2012Q1 dei Document Type
DocumentType
10-Q
CY2012Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001355096
CY2012Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q1 dei Entity Registrant Name
EntityRegistrantName
Liberty Interactive Corporation
CY2012Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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