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Table of Contents
Item 6. Selected Financial Data
The following table presents selected historical financial data of IAC for each of the years in the five-
year period ended December 31, 2009.
This data was derived from IAC's consolidated financial statements and reflects the operations and financial position of IAC at the dates and for
the periods indicated. The information in this table should be read in conjunction with the consolidated financial statements and accompanying
notes of IAC included herein.
Year Ended December 31,
2009
(1)
2008
(2)(3)(4)
2007
(5)
2006
(6)
2005
(7)(8)(9)
(Dollars in thousands, except per share data)
Statement of
Operations Data:
Revenue
1,375,788
$
1,445,095
1,332,582
1,000,593
$
523,493
Operating loss
(1,058,506
)
(61,961
)
(78,504
)
(111,306
)
(152,609
)
(Loss) earnings from
continuing
operations
(969,016
)
131,180
(6,411
)
(27,399
)
298,100
(Loss) earnings from
discontinued
operations, net of
tax
(10,896
)
(293,230
)
(139,672
)
213,697
571,967
(Loss) earnings
attributable to IAC
shareholders before
preferred dividends
(978,822
)
(156,201
)
(144,069
)
187,065
869,683
Net (loss) earnings
attributable to IAC
shareholders
(978,822
)
(156,201
)
(144,069
)
187,065
861,745
Basic (loss) earnings
per common share
from continuing
operations
attributable to IAC
shareholders
(10)
(6.98
)
0.98
(0.03
)
(0.17
)
1.76
Diluted (loss)
earnings per
common share
from continuing
operations
attributable to IAC
shareholders
(10)
(6.98
)
0.95
(0.03
)
(0.17
)
1.65
Basic (loss) earnings
per common share
attributable to IAC
shareholders
(10)
(7.06
)
(1.12
)
(1.01
)
1.23
5.23
Diluted (loss)
earnings per
common share
attributable to IAC
shareholders
(10)
(7.06
)
(1.08
)
(1.01
)
1.23
4.81
Balance Sheet Data
(end of period):
Working capital
1,709,772
$
1,904,928
1,692,004
1,840,388
$
2,384,366
Total assets
4,015,889
5,251,320
12,590,802
13,243,156
13,938,102
Long
-
term
obligations, net of
current maturities
95,844
95,844
834,542
837,048
929,654
Redeemable
noncontrolling
interests
28,180
22,771
32,880
24,212
1,706
Shareholders' equity
3,127,826
4,427,536
8,583,662
8,739,474
9,206,879