ServiceMagic 2010 Annual Report Download - page 59
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Table of Contents
IAC/INTERACTIVECORP AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
Preferred
Stock $.01
Par Value
Common
Stock $.001
Par Value
Class B
Convertible
Common
Stock $.001
Par Value
Accum.
Other
Comp.
Income
Additional
Paid-in
Capital
Retained
Earnings
Treasury
Stock
Total
$
Shares
$
Shares
$
Shares
(In thousands)
Balance as of
December 31, 2007
$
8,583,662
$
—
1
$
209
208,539
$
16
16,157
$
14,744,542
$
567,820
$
39,814
$
(6,768,739
)
Comprehensive loss:
Net loss attributable to
IAC shareholders for
the year ended
December 31, 2008
(156,201
)
—
—
—
—
—
—
—
(
156,201
)
—
—
Change in foreign
currency translation
adjustment, net of tax
benefit of $8,608
(42,962
)
—
—
—
—
—
—
—
—
(
42,962
)
—
Change in net
unrealized gains on
available-for-sale
securities, net of tax
provision of $29,208
42,795
—
—
—
—
—
—
—
—
42,795
—
Comprehensive loss
(156,368
)
Non
-cash
compensation
expense
134,052
—
—
—
—
—
—
134,052
—
—
—
Issuance of common
stock upon exercise
of stock options,
vesting of restricted
stock units and other,
net of withholding
taxes
(20,228
)
—
—
1
1,446
—
—
(
20,229
)
—
—
—
Income tax provision
related to the
exercise of stock
options, vesting of
restricted stock units
and other
(12,225
)
—
—
—
—
—
—
(
12,225
)
—
—
—
Redemption of
preferred shares
(21
)
—
(
1
)
—
—
—
—
(
21
)
—
—
—
Issuance of common
stock upon
conversion of
convertible notes
10,849
—
—
—
232
—
—
10,849
—
—
—
Purchase of treasury
stock
(145,590
)
—
—
—
—
—
—
—
—
—
(
145,590
)
Spin-Off of HSNi,
ILG, Ticketmaster
and Tree.com to
shareholders
(3,971,284
)
—
—
—
—
—
—
(
3,749,643
)
(184,174
)
(37,467
)
—
Fair value of
redeemable
noncontrolling
interests adjustment
4,689
—
—
—
—
—
—
4,689
—
—
—
Balance as of
December 31, 2008
$
4,427,536
$
—
—
$
210
210,217
$
16
16,157
$
11,112,014
$
227,445
$
2,180
$
(6,914,329
)
Comprehensive loss:
Net loss attributable to
IAC shareholders for
the year ended
December 31, 2009
(978,822
)
—
—
—
—
—
—
—
(
978,822
)
—
—
Change in foreign
currency translation
adjustment, net of tax
provision of $2,186
14,918
—
—
—
—
—
—
—
—
14,918
—
Change in net
unrealized gains on
available-for-sale
securities, net of tax
provision of $1,440
7,405
—
—
—
—
—
—
—
—
7,405
—
Comprehensive loss
(956,499
)
Non
-cash
compensation
expense
69,629
—
—
—
—
—
—
69,629
—
—
—
Issuance of common
stock upon exercise
of stock options,
vesting of restricted
stock units and other,