IAC/InterActiveCorp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 3,022,987 2,800,933 2,059,444 1,636,815
Cost of Revenue 1,000,101 990,797 753,889 593,816
Gross Profit 2,022,886 1,810,136 1,305,555 1,042,999
Operating Expenses
Research and Development 141,330 117,683 90,757 65,097
Sales, General and Admin. 1,336,601 1,280,633 938,260 808,706
Non-Recurring Items - - - 28,032
Other 118,752 88,252 78,776 91,369
Operating Income 426,203 323,568 197,762 49,795
Income From Continuing Operations
Add'l Income/Expense Items 30,309 (3,012) 15,490 (1,433)
Earnings Before Interest and Tax 449,897 295,211 176,952 22,686
Interest Expense 33,596 6,149 5,430 -
Earnings Before Tax 416,301 289,062 171,522 22,686
Income Tax 134,502 119,215 (4,047) 32,079
Minority Interest (2,059) 1,530 (2,656) (5,007)
Equity Earnings Unconsolidated Subsidiary (6,615) (25,345) (36,300) (25,676)
Net Income Cont. Operations 281,799 169,847 175,569 (9,393)
Non Recurring Events
Discontinued Operations 1,926 (9,051) (3,992) 103,745
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 285,784 159,266 174,233 99,359
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 285,784 159,266 174,233 99,359