ServiceMagic 2009 Annual Report Download - page 112

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Table of Contents
IAC/INTERACTIVECORP AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTE 14—SEGMENT INFORMATION (Continued)
101
Year Ended December 31, 2008
Operating
Income
Before
Amortization
Non
-
Cash
Compensation
Expense
Amortization
of Non-Cash
Marketing
Amortization
of Intangibles
Goodwill
Impairment
Operating
(Loss)
Income
Search
136,311
—
(
4,899
)
(33,956
)
—
97,456
Match
91,266
—
(
15,103
)
(673
)
—
75,490
ServiceMagic
26,244
(727
)
—
(
1,534
)
—
23,983
Media &
Other
(32,201
)
(1,122
)
—
(
7,755
)
(11,600
)
(52,678
)
Corporate
(121,522
)
(84,690
)
—
—
—
(
206,212
)
Total
100,098
(86,539
)
(20,002
)
(43,918
)
(11,600
)
(61,961
)
Other income, net
155,444
Earnings from continuing operations before income taxes
93,483
Income tax benefit
37,697
Earnings from continuing operations
131,180
Gain on sale of discontinued operations, net of tax
23,314
Loss from discontinued operations, net of tax
(316,544
)
Net loss
(162,050
)
Net loss attributable to noncontrolling interests
5,849
Net loss attributable to IAC shareholders
(156,201
)
Year Ended December 31, 2007
Operating
Income
Before
Amortization
Non
-
Cash
Compensation
Expense
Amortization
of Non-Cash
Marketing
Amortization
of Intangibles
Operating
Income
(Loss)
Search
85,388
$
—
$
(
33,637
)
$
(24,651
)
27,100
Match
78,367
—
(
11,146
)
(1,441
)
65,780
ServiceMagic
20,764
(623
)
—
(
2,554
)
17,587
Media & Other
(5,103
)
(1,468
)
(4,887
)
(7,087
)
(18,545
)
Corporate
(98,932
)
(71,494
)
—
—
(
170,426
)
Total
80,484
$
(73,585
)
$
(49,670
)
$
(35,733
)
(78,504
)
Other income, net
74,414
Loss from continuing operations before income taxes
(4,090
)
Income tax provision
(2,321
)
Loss from continuing operations
(6,411
)
Gain on sale of discontinued operations, net of tax
33,524
Loss from discontinued operations, net of tax
(173,196
)
Net loss
(146,083
)
Net loss attributable to noncontrolling interests
2,014
Net loss attributable to IAC shareholders
(144,069
)