Expedia 2008 Annual Report Download - page 109

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The following table presents our segment information for the years ended December 31, 2008, 2007 and
2006. As a significant portion of our property and equipment is not allocated to our operating segments, we do
not report the assets or related depreciation expense as it would not be meaningful, nor do we regularly
provide such information to our chief operating decision makers.
North America Europe
Corporate
and Other Total
Year Ended December 31, 2008
(In thousands)
Revenue ............................... $2,047,807 $689,978 $ 199,228 $ 2,937,013
Operating Income Before Amortization
(Unaudited) ........................... $ 898,949 $215,772 $ (416,947) $ 697,774
Amortization of intangible assets ............. — — (69,436) (69,436)
Impairment of goodwill . . . ................. — — (2,762,100) (2,762,100)
Impairment of intangible and other long-lived
assets ................................ — — (233,900) (233,900)
Stock-based compensation . ................. — — (61,291) (61,291)
Operating income (loss) . . . ................. $ 898,949 $215,772 $(3,543,674) $(2,428,953)
North America Europe
Corporate
and Other Total
Year Ended December 31, 2007
(In thousands)
Revenue ............................... $1,897,995 $606,997 $ 160,340 $2,665,332
Operating Income Before Amortization
(Unaudited) ........................... $ 821,144 $207,747 $(359,404) $ 669,487
Amortization of intangible assets ............. — — (77,569) (77,569)
Stock-based compensation . ................. — — (62,849) (62,849)
Operating income (loss) . . . ................. $ 821,144 $207,747 $(499,822) $ 529,069
North America Europe
Corporate
and Other Total
Year Ended December 31, 2006
(In thousands)
Revenue ............................... $1,666,804 $452,012 $ 118,770 $2,237,586
Operating Income Before Amortization
(Unaudited) ........................... $ 735,458 $157,945 $(294,385) $ 599,018
Amortization of intangible assets ............. — — (110,766) (110,766)
Impairment of intangible and other long-lived
assets ................................ — — (47,000) (47,000)
Stock-based compensation . ................. — — (80,285) (80,285)
Amortization of non-cash distribution and
marketing............................. (9,638) — — (9,638)
Operating income (loss) . . . ................. $ 725,820 $157,945 $(532,436) $ 351,329
F-37
Expedia, Inc.
Notes to Consolidated Financial Statements — (Continued)