ServiceMagic 2012 Annual Report Download - page 49

IAC/INTERACTIVECORP AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
45
IAC Shareholders' Equity
Common
Stock $.001
Par Value
Class B
Convertible
Common
Stock $.001
Par Value
Additional
Paid-in
Capital
Accumulated
Other
Comprehensive
Income (Loss)
Treasury
Stock
Redeemable
Noncontrolling
Interests
$ Shares $ Shares
Accumulated
Deficit
Total IAC
Shareholders'
Equity
Noncontrolling
Interests
Total
Shareholders'
Equity
(In thousands)
Balance as of December 31, 2009 $
28,180
$
223
222,658
$
16
16,157
$
10,942,128
$
(751,377
) $
24,503
$
(7,468,532
) $
2,746,961
$ — $
2,746,961
Net (loss) earnings for the year ended
December 31, 2010
(5,007
) — — — — —
99,359
— —
99,359
—
99,359
Other comprehensive loss, net of tax
(267
) — — — — — — (
6,957
) — (
6,957
) — (
6,957
)
Noncontrolling interests related to acquisitions
23,583
— — — — — — — — — — —
Noncontrolling interests created by a decrease in the
ownership of a subsidiary contributed to a
consolidated Latin American venture
15,750
— — — — — — — — — — —
Non-cash compensation expense — — — — —
85,048
— — —
85,048
—
85,048
Issuance of common stock upon exercise of stock
options, vesting of restricted stock units and other, net
of withholding taxes —
3
2,864
— —
30,930
— — —
30,933
—
30,933
Income tax provision related to the exercise of stock
options, vesting of restricted stock units and other —
— — — — (
12,237
) — — — (
12,237
) — (
12,237
)
Purchase of treasury stock — — — — — — — — (
530,885
)
(530,885
) — (
530,885
)
Receipt of stock in the Liberty Exchange —
— — — — — — — (
364,169
)
(364,169
) — (
364,169
)
Adjustment of redeemable noncontrolling interests to
fair value
(2,059
) — — — —
2,059
— — —
2,059
—
2,059
Other
(311
) —
352
— — (
44
) — — — (
44
) — (
44
)
Balance as of December 31, 2010 $
59,869
$
226
225,874
$
16
16,157
$
11,047,884
$
(652,018
) $
17,546
$
(8,363,586
) $
2,050,068
$ — $
2,050,068
Net (loss) earnings for the year ended
December 31, 2011
(239
) — — — — —
174,233
— —
174,233
(2,417
)
171,816
Other comprehensive loss, net of tax
(2,968
) — — — — — — (
29,989
) — (
29,989
)
(5,269
)
(35,258
)
Noncontrolling interests related to acquisition of
Meetic S.A.
36,656
— — — — — — — — —
64,831
64,831
Decrease in redeemable noncontrolling interests in a
consolidated Latin American venture resulting from
the acquisition of Meetic
(37,917
) — — — — — — — — — — —
Non-cash compensation expense — — — — —
86,725
— — —
86,725
1,049
87,774
Issuance of common stock upon exercise of stock
options, vesting of restricted stock units and other, net
of withholding taxes —
5
5,010
— —
56,731
— — —
56,736
—
56,736
Income tax benefit related to the exercise of stock
options, vesting of restricted stock units and other —
— — — —
28,363
— — —
28,363
—
28,363
Issuance of common stock upon the exercise of
warrants —
3
3,217
— —
76,039
— — —
76,042
—
76,042
Dividends — — — — — (
11,296
) — — — (
11,296
)
(3,103
)
(14,399
)
Purchase of treasury stock — — — — — — — — (
518,637
)
(518,637
) — (
518,637
)
Receipt of stock in the Liberty Exchange —
— — — — — — — (
2,923
)
(2,923
) — (
2,923
)
Purchase of noncontrolling interests
(5,779
) — — — — — — — — — — —
Adjustment of redeemable noncontrolling interests to
fair value
4,273
— — — — (
4,273
) — — — (
4,273
) — (
4,273
)
Other
(3,546
) — — — — — — — — — — —
Balance as of December 31, 2011 $
50,349
$
234
234,101
$
16
16,157
$
11,280,173
$
(477,785
) $
(12,443
)
$
(8,885,146
) $
1,905,049
$
55,091
$
1,960,140