Expedia 2015 Annual Report Download - page 136

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Year ended December 31, 2014
Core OTA trivago Egencia eLong
Corporate &
Eliminations Total
(In thousands)
Third-party revenue $4,905,150 $280,555 $399,704 $178,076 $ — $5,763,485
Intersegment revenue — 132,964 — — (132,964) —
Revenue $4,905,150 $413,519 $399,704 $178,076 $(132,964) $5,763,485
Adjusted EBITDA $1,387,386 $ 3,917 $ 60,933 $ (26,660) $(400,788) $1,024,788
Depreciation (139,509) (1,360) (20,032) (6,710) (98,206) (265,817)
Amortization of intangible assets ————(79,615) (79,615)
Stock-based compensation ————(85,011) (85,011)
Legal reserves, occupancy tax and
other ————(41,539) (41,539)
Restructuring and related
reorganization charges ————(25,630) (25,630)
Realized (gain) loss on revenue
hedges (9,412) — — — — (9,412)
Operating income (loss) $1,238,465 $ 2,557 $ 40,901 $ (33,370) $(730,789) 517,764
Other expense, net (53,123)
Income before income taxes 464,641
Provision for income taxes (91,691)
Net income 372,950
Net loss attributable to
noncontrolling interests 25,147
Net income attributable to
Expedia, Inc. $ 398,097
F-51