Expedia 2012 Annual Report Download - page 50

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Part II. Item 6. Selected Financial Data
We have derived the following selected financial data presented below from the consolidated financial
statements and related notes. The information set forth below is not necessarily indicative of future results and
should be read in conjunction with the consolidated financial statements and related notes and Part II, Item 7,
Management’s Discussion and Analysis of Financial Condition and Results of Operations.
SELECTED FINANCIAL DATA
Year Ended December 31,(1)
2012 2011 2010 2009 2008(2)
(in thousands, except per share data)
Consolidated Statements of Operations
Data:
Revenue $4,030,347 $3,449,009 $3,033,645 $2,743,051 $ 2,736,435
Operating income (loss) 431,724 479,609 500,787 397,743 (2,280,525)
Net income (loss) from continuing
operations 302,979 326,341 305,497 218,274 (2,346,749)
Discontinued operations, net of taxes (22,539) 148,262 120,063 85,349 (177,415)
Net income (loss) attributable to Expedia,
Inc. 280,171 472,294 421,500 299,526 (2,517,763)
Earnings (loss) per share from
continuing operations attributable to
Expedia, Inc. available to common
stockholders:
Basic $ 2.26 $ 2.39 $ 2.14 $ 1.48 $ (16.36)
Diluted 2.16 2.34 2.09 1.46 (16.36)
Earnings (loss) per share attributable to
Expedia, Inc. available to common
stockholders:
Basic $ 2.09 $ 3.48 $ 2.98 $ 2.08 $ (17.60)
Diluted 2.00 3.41 2.93 2.05 (17.60)
Shares used in computing earnings (loss)
per share:
Basic 134,203 135,888 141,233 144,107 143,084
Diluted 139,929 138,702 144,014 146,071 143,084
Dividends declared per common share $ 0.96 $ 0.56 $ 0.56 $ — $ —
December 31,
2012 2011 2010 2009 2008(2)
Consolidated Balance Sheet Data:
Working deficit $ (367,809) $ (278,928) $ (187,792) $ (610,008) $ (367,454)
Total assets 7,085,195 6,505,258 6,656,922 5,924,284 5,894,249
Long-term debt(3) 1,249,345 1,249,281 1,249,221 500,000 1,150,000
Noncontrolling interest 109,129 105,303 64,159 67,045 63,910
Total stockholders’ equity 2,389,388 2,305,167 2,736,703 2,749,726 2,380,964
(1) On December 20, 2011, we completed the spin-off of TripAdvisor. Immediately prior to the spin-off, we
effected a one-for-two reverse stock split. Accordingly, the results of operations and financial condition of
TripAdvisor have been presented in discontinued operations for all periods presented. Further, all Expedia
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