Expedia 2013 Annual Report Download - page 126

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Year ended December 31, 2011
Leisure Egencia Corporate Total
(In thousands)
Revenue $3,269,721 $179,288 $ — $3,449,009
Adjusted EBITDA $ 982,339 $ 28,789 $(300,293) $ 710,835
Depreciation (56,593) (8,349) (68,067) (133,009)
Amortization of intangible assets — — (21,925) (21,925)
Stock-based compensation — — (63,847) (63,847)
Legal reserves, occupancy tax and other — — (20,855) (20,855)
Realized loss on revenue hedges 8,410 — — 8,410
Operating income (loss) $ 934,156 $ 20,440 $(474,987) 479,609
Other expense, net (77,537)
Income from continuing operations before
income taxes 402,072
Provision for income taxes (75,731)
Income from continuing operations 326,341
Discontinued operations, net of taxes 148,262
Net income 474,603
Net income attributable to noncontrolling
interests (2,309)
Net income attributable to Expedia, Inc. $ 472,294
Geographic Information
The following table presents revenue by geographic area, the United States and all other countries, based on
the geographic location of our websites or points of sale for the years ended December 31, 2013, 2012 and 2011:
Year Ended December 31,
2013 2012 2011
(In thousands)
Revenue
United States $2,547,900 $2,226,856 $1,955,712
All other countries 2,223,359 1,803,491 1,493,297
$4,771,259 $4,030,347 $3,449,009
The following table presents property and equipment, net for the United States and all other countries, as of
December 31, 2013 and 2012:
As of December 31,
2013 2012
(In thousands)
Property and equipment, net
United States $398,384 $347,272
All other countries 82,318 62,101
$480,702 $409,373
F-44