Priceline 2015 Annual Report Download - page 58

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Personnel
Year Ended December 31,
(in thousands)
2015
2014
Change
Personnel $ 1,166,226
$ 950,191
22.7%
% of Total Gross Profit 13.6%
12.5%
Personnel expenses consist of compensation to our personnel, including salaries, stock-based compensation, bonuses, payroll taxes and employee health
benefits. Personnel expenses increased during the year ended December 31, 2015 , compared to the year ended December 31, 2014 , due primarily to increased
headcount to support the growth of our businesses. Additionally, the inclusion of a full year of OpenTable's results in our 2015 consolidated results as compared to
only a partial year's results in 2014 contributed to the increase in personnel expenses for the year ended December 31, 2015 compared to the year ended
December 31, 2014 .
General and Administrative
Year Ended December 31,
(in thousands)
2015
2014
Change
General and Administrative $ 415,420
$ 352,869
17.7%
% of Total Gross Profit 4.8%
4.7%
General and administrative expenses consist primarily of: (1) occupancy and office expenses; (2) personnel-related expenses such as travel, recruiting and
training expenses; and (3) fees for outside professionals, including litigation expenses. General and administrative expenses increased during the year ended
December 31, 2015 , compared to the year ended December 31, 2014 , due to higher occupancy and office expenses related to the expansion of our international
businesses and higher personnel-related expenses related to increased headcount in all of our businesses. Additionally, the inclusion of a full year of OpenTable's
results in our 2015 consolidated results as compared to only a partial year's results in 2014 contributed to the increase in general and administrative expenses for
the year ended December 31, 2015 compared to the year ended December 31, 2014 .
Information Technology
Year Ended December 31,
(in thousands)
2015
2014
Change
Information Technology $ 113,617
$ 97,498
16.5%
% of Total Gross Profit 1.3%
1.3%
Information technology expenses consist primarily of: (1) software license and system maintenance fees; (2) data communications and other expenses
associated with operating our services; (3) outsourced data center costs; and (4) payments to outside consultants. Information technology expense increased during
the year ended December 31, 2015 , compared to the year ended December 31, 2014 , due primarily to growth in our worldwide operations. Additionally, the
inclusion of a full year of OpenTable's results in our 2015 consolidated results as compared to only a partial year's results in 2014 contributed to the increase in
information technology expenses for the year ended December 31, 2015 compared to the year ended December 31, 2014 .
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