Expedia 2015 Annual Report Download - page 16

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Beginning in the first quarter of 2015, we had four reportable segments: Core OTA, trivago, Egencia and
eLong through its disposal on May 22, 2015. The change from two reportable segments, Leisure and Egencia,
resulted in our previously disclosed Leisure reportable segment being disaggregated into three segments as a
result of the Company’s focus on providing additional information to reflect the unique market opportunities and
competitive dynamics inherent in our eLong and trivago businesses. The acquisition of HomeAway on
December 15, 2015 resulted in the creation of an additional segment. The segment and geographic information
required herein is contained in Note 19 — Segment Information, in the notes to our consolidated financial
statements.
Additional Information
Company Website and Public Filings. We maintain a corporate website at www.expediainc.com. Except as
explicitly noted, the information on our website, as well as the websites of our various brands and businesses, is
not incorporated by reference in this Annual Report on Form 10-K, or in any other filings with, or in any
information furnished or submitted to, the SEC.
We make available, free of charge through our website, our Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K, and amendments to those reports, filed or furnished
pursuant to Sections 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as amended, as soon as
reasonably practicable after they have been electronically filed with, or furnished to, the SEC.
Code of Ethics. We post our code of business conduct and ethics, which applies to all employees, including
all executive officers, senior financial officers and directors, on our corporate website at www.expediainc.com.
Our code of business conduct and ethics complies with Item 406 of SEC Regulation S-K and the rules of
NASDAQ. We intend to disclose any changes to the code that affect the provisions required by Item 406 of
Regulation S-K, and any waivers of the code of ethics for our executive officers, senior financial officers or
directors, on our corporate website.
Employees
As of December 31, 2015, we employed approximately 18,730 full-time and part-time employees. We
believe we have good relationships with our employees, including relationships with employees represented by
works councils or other similar organizations.
Part I. Item 1A. Risk Factors
You should carefully consider each of the following risks and uncertainties associated with our company
and the ownership of our securities. Additional risks and uncertainties not presently known to us or that we
currently deem immaterial may also impair our business and/or financial performance.
We operate in an increasingly competitive global environment.
The market for the services we offer is increasingly and intensely competitive. We compete with both
established and emerging online and traditional sellers of travel-related services, including:
• online and traditional travel agencies, wholesalers and tour operators,
• travel suppliers, including hotels and airlines,
• large online portal and search websites,
• travel metasearch websites,
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