ServiceMagic 2014 Annual Report Download - page 62

IAC/INTERACTIVECORP AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
49
IAC Shareholders' Equity
Common
Stock $.001
Par Value
Class B
Convertible
Common
Stock $.001
Par Value
Additional
Paid-in
Capital
Accumulated
Other
Comprehensive
Loss
Treasury
Stock
Redeemable
Noncontrolling
Interests
$ Shares $ Shares
(Accumulated
Deficit)
Retained
Earnings
Total IAC
Shareholders'
Equity
Noncontrolling
Interests
Total
Shareholders'
Equity
(In thousands)
Balance as of December 31, 2011 $
50,349
$
234
234,101
$
16
16,157
$
11,280,173
$
(477,785
) $
(12,443
)
$
(8,885,146
) $
1,905,049
$
55,091
$
1,960,140
Net (loss) earnings for the year ended December 31, 2012
(1,118
) —
—
— — —
159,266
—
—
159,266
2,648
161,914
Other comprehensive income (loss), net of tax
207
—
—
— — — — (
19,726
)
—
(
19,726
)
404
(19,322
)
Non-cash compensation expense —
—
—
— —
82,807
—
—
—
82,807
2,818
85,625
Issuance of common stock upon exercise of stock options,
vesting of restricted stock units and other, net of
withholding taxes —
5
5,153
— — (
16,503
) —
—
—
(
16,498
) — (
16,498
)
Income tax benefit related to the exercise of stock options,
vesting of restricted stock units and other —
—
—
— —
49,967
—
—
—
49,967
—
49,967
Issuance of common stock upon the exercise of warrants —
12
11,728
— —
284,099
—
—
—
284,111
—
284,111
Dividends — —
—
— — (
68,901
) —
—
—
(
68,901
) — (
68,901
)
Purchase of treasury stock — —
—
— — — —
—
(
716,072
)
(716,072
) — (
716,072
)
Purchase of redeemable noncontrolling interests
(2,955
) —
—
— — — —
—
—
— — —
Adjustment of redeemable noncontrolling interests to fair
value
4,275
—
—
— — (
4,275
) —
—
—
(
4,275
) — (
4,275
)
Transfer from noncontrolling interests to redeemable
noncontrolling interests
10,049
—
—
— — — —
—
—
— (
10,049
)
(10,049
)
Other
(2,681
) —
—
— — — —
—
—
—
995
995
Balance as of December 31, 2012 $
58,126
$
251
250,982
$
16
16,157
$
11,607,367
$
(318,519
) $
(32,169
)
$
(9,601,218
) $
1,655,728
$
51,907
$
1,707,635
Net (loss) earnings for the year ended December 31, 2013
(3,264
) —
—
— — —
285,784
—
—
285,784
1,205
286,989
Other comprehensive income, net of tax
2,305
—
—
— — — —
19,123
—
19,123
1,367
20,490
Non-cash compensation expense — —
—
— —
51,883
—
—
—
51,883
1,122
53,005
Issuance of common stock upon exercise of stock options,
vesting of restricted stock units and other, net of
withholding taxes —
—
—
— — (
9,899
) —
—
2
(9,897
) — (
9,897
)
Income tax benefit related to the exercise of stock options,
vesting of restricted stock units and other —
—
—
— —
30,986
—
—
—
30,986
—
30,986
Dividends — —
—
— — (
77,830
) —
—
—
(
77,830
) — (
77,830
)
Purchase of treasury stock — —
—
— — — —
—
(
229,101
)
(229,101
) — (
229,101
)
Purchase of redeemable noncontrolling interests
(55,576
) —
—
— — — —
—
—
— — —
Purchase of noncontrolling interests — —
—
— — — —
—
—
— (
12,371
)
(12,371
)
Adjustment of redeemable noncontrolling interests and
noncontrolling interests to fair value
40,638
—
—
— — (
42,947
) —
—
—
(
42,947
)
2,309
(40,638
)
Transfer from noncontrolling interests to redeemable
noncontrolling interests
2,874
—
—
— — — —
—
—
— (
2,874
)
(2,874
)
Other
(2,242
) —
—
— —
3,007
—
—
—
3,007
—
3,007
Balance as of December 31, 2013 $
42,861
$
251
250,982
$
16
16,157
$
11,562,567
$
(32,735
) $
(13,046
)
$
(9,830,317
) $
1,686,736
$
42,665
$
1,729,401