Match (MTCH) 8-K Regulation FD Disclosure

Exhibit 99.1

The tables below reflect the Company's changes in reportable segments using Adjusted EBITDA, the Company’s new non-U.S. GAAP financial measure. For more information on these changes, see Item 7.01 in this Form 8-K.

	2013															2012															2011
	Q1			Q2			Q3			Q4			FYE 12/31			Q1			Q2			Q3			Q4			FYE 12/31			FYE 12/31
	(In thousands)
Revenue:
Search & Applications	$	397,192		$	427,449		$	407,291		$	373,018		$	1,604,950		$	343,198		$	348,762		$	370,227		$	403,608		$	1,465,795		$	1,040,507
The Match Group	192,875			197,987			205,196			209,332			805,390			174,499			178,587			178,352			182,784			714,222			519,195
Media	44,995			57,495			50,299			38,645			191,434			15,687			38,199			52,574			57,591			164,051			68,996
eCommerce	107,297			116,591			94,438			103,740			422,066			107,325			115,134			113,378			121,345			457,182			431,483
Inter-segment elimination	(110		)	(111		)	(352		)	(280		)	(853		)	(109		)	(70		)	(61		)	(77		)	(317		)	(737		)
Total	$	742,249		$	799,411		$	756,872		$	724,455		$	3,022,987		$	640,600		$	680,612		$	714,470		$	765,251		$	2,800,933		$	2,059,444
Operating income (loss):
Search & Applications	$	86,983		$	89,346		$	87,756		$	76,032		$	340,117		$	73,490		$	74,067		$	69,036		$	89,051		$	305,644		$	204,006
The Match Group	37,359			53,129			60,164			77,503			228,155			28,945			56,232			54,520			60,469			200,166			134,486
Media	(7,157		)	(2,033		)	(5,558		)	(6,055		)	(20,803		)	(5,708		)	(6,438		)	(11,620		)	(23,136		)	(46,902		)	(13,206		)
eCommerce	(4,493		)	(4,603		)	9,285			(250		)	(61		)	2,283			9,649			4,905			(1,514		)	15,323			22,674
Corporate	(28,141		)	(29,143		)	(29,643		)	(34,278		)	(121,205		)	(36,245		)	(36,034		)	(38,808		)	(39,576		)	(150,663		)	(150,198		)
Total	$	84,551		$	106,696		$	122,004		$	112,952		$	426,203		$	62,765		$	97,476		$	78,033		$	85,294		$	323,568		$	197,762
Non-cash compensation expense:
Search & Applications	$	3		$	—		$	—		$	—		$	3		$	8		$	9		$	9		$	8		$	34		$	(202	)
The Match Group	(157		)	363			336			580			1,122			907			556			560			795			2,818			1,642
Media	205			213			219			(4		)	633			268			236			62			204			770			427
eCommerce	(29		)	—			—			—			(29		)	(78		)	26			26			24			(2		)	222
Corporate	12,641			11,244			13,810			13,581			51,276			20,361			19,614			22,694			19,336			82,005			86,499
Total	$	12,663		$	11,820		$	14,365		$	14,157		$	53,005		$	21,466		$	20,441		$	23,351		$	20,367		$	85,625		$	88,588
Depreciation:
Search & Applications	$	3,865		$	6,413		$	3,865		$	4,034		$	18,177		$	3,291		$	3,385		$	3,343		$	4,976		$	14,995		$	25,484
The Match Group	4,706			4,838			5,043			5,616			20,203			3,537			3,742			4,502			4,558			16,339			10,780
Media	523			524			526			551			2,124			179			295			424			500			1,398			703
eCommerce	2,619			2,993			1,648			1,627			8,887			3,045			2,732			2,749			2,684			11,210			11,239
Corporate	2,303			2,268			2,407			2,540			9,518			2,063			2,071			2,132			2,273			8,539			8,513
Total	$	14,016		$	17,036		$	13,489		$	14,368		$	58,909		$	12,115		$	12,225		$	13,150		$	14,991		$	52,481		$	56,719

	2013															2012															2011
	Q1			Q2			Q3			Q4			FYE 12/31			Q1			Q2			Q3			Q4			FYE 12/31			FYE 12/31
	(In thousands)
Amortization of intangibles:
Search & Applications	$	6,663		$	6,661		$	6,891		$	7,339		$	27,554		$	2		$	3		$	147		$	7,316		$	7,468		$	1,176
The Match Group	4,540			5,106			3,153			4,327			17,126			6,515			4,990			3,342			2,608			17,455			17,077
Media	249			293			272			256			1,070			—			280			880			5,019			6,179			3
eCommerce	2,626			6,077			2,716			2,674			14,093			524			532			843			2,770			4,669			3,801
Corporate	—			—			—			—			—			—			—			—			—			—			—
Total	$	14,078		$	18,137		$	13,032		$	14,596		$	59,843		$	7,041		$	5,805		$	5,212		$	17,713		$	35,771		$	22,057
Acquisition-related contingent consideration fair value adjustments:
Search & Applications	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
The Match Group	1,458			4,249			632			(5,996		)	343			—			—			—			—			—			—
Media	—			—			—			—			—			—			—			—			—			—			—
eCommerce	—			—			—			—			—			—			—			—			—			—			—
Corporate	—			—			—			—			—			—			—			—			—			—			—
Total	$	1,458		$	4,249		$	632		$	(5,996	)	$	343		$	—		$	—		$	—		$	—		$	—		$	—
Adjusted EBITDA:
Search & Applications	$	97,514		$	102,420		$	98,512		$	87,405		$	385,851		$	76,791		$	77,464		$	72,535		$	101,351		$	328,141		$	230,464
The Match Group	47,906			67,685			69,328			82,030			266,949			39,904			65,520			62,924			68,430			236,778			163,985
Media	(6,180		)	(1,003		)	(4,541		)	(5,252		)	(16,976		)	(5,261		)	(5,627		)	(10,254		)	(17,413		)	(38,555		)	(12,073		)
eCommerce	723			4,467			13,649			4,051			22,890			5,774			12,939			8,523			3,964			31,200			37,936
Corporate	(13,197		)	(15,631		)	(13,426		)	(18,157		)	(60,411		)	(13,821		)	(14,349		)	(13,982		)	(17,967		)	(60,119		)	(55,186		)
Total	$	126,766		$	157,938		$	163,522		$	150,077		$	598,303		$	103,387		$	135,947		$	119,746		$	138,365		$	497,445		$	365,126

Reconciliation of Adjusted EBITDA to operating income to net earnings attributable to IAC shareholders:

	2013															2012															2011
	Q1			Q2			Q3			Q4			FYE 12/31			Q1			Q2			Q3			Q4			FYE 12/31			FYE 12/31
	(In thousands)
Adjusted EBITDA	$	126,766		$	157,938		$	163,522		$	150,077		$	598,303		$	103,387		$	135,947		$	119,746		$	138,365		$	497,445		$	365,126
Non-cash compensation expense	(12,663		)	(11,820		)	(14,365		)	(14,157		)	(53,005		)	(21,466		)	(20,441		)	(23,351		)	(20,367		)	(85,625		)	(88,588		)
Depreciation	(14,016		)	(17,036		)	(13,489		)	(14,368		)	(58,909		)	(12,115		)	(12,225		)	(13,150		)	(14,991		)	(52,481		)	(56,719		)
Amortization of intangibles	(14,078		)	(18,137		)	(13,032		)	(14,596		)	(59,843		)	(7,041		)	(5,805		)	(5,212		)	(17,713		)	(35,771		)	(22,057		)
Acquisition-related contingent consideration fair value adjustments	(1,458		)	(4,249		)	(632		)	5,996			(343		)	—			—			—			—			—			—
Operating income	84,551			106,696			122,004			112,952			426,203			62,765			97,476			78,033			85,294			323,568			197,762
Equity in (losses) income of unconsolidated affiliates	(91		)	(1,078		)	(3,253		)	(2,193		)	(6,615		)	(5,901		)	(19,009		)	(3,298		)	2,863			(25,345		)	(36,300		)
Interest expense	(7,663		)	(7,658		)	(7,623		)	(10,652		)	(33,596		)	(1,347		)	(1,364		)	(1,391		)	(2,047		)	(6,149		)	(5,430		)
Other income (expense), net	1,658			(4		)	16,719			11,936			30,309			2,756			(368		)	447			(5,847		)	(3,012		)	15,490
Earnings from continuing operations before income taxes	78,455			97,956			127,847			112,043			416,301			58,273			76,735			73,791			80,263			289,062			171,522
Income tax (provision) benefit	(25,746		)	(39,416		)	(36,126		)	(33,214		)	(134,502		)	(27,120		)	(28,634		)	(27,606		)	(35,855		)	(119,215		)	4,047
Earnings from continuing operations	52,709			58,540			91,721			78,829			281,799			31,153			48,101			46,185			44,408			169,847			175,569
(Loss) earnings from discontinued operations, net of tax	(944		)	(1,068		)	3,914			24			1,926			3,684			(4,641		)	(5,624		)	(2,470		)	(9,051		)	(3,992		)
Net earnings	51,765			57,472			95,635			78,853			283,725			34,837			43,460			40,561			41,938			160,796			171,577
Net loss (earnings) attributable to noncontrolling interests	1,872			818			1,305			(1,936		)	2,059			(359		)	(128		)	156			(1,199		)	(1,530		)	2,656
Net earnings attributable to IAC shareholders	$	53,637		$	58,290		$	96,940		$	76,917		$	285,784		$	34,478		$	43,332		$	40,717		$	40,739		$	159,266		$	174,233

The Company's primary financial measure is Adjusted EBITDA, which is defined as operating income excluding: (1) non-cash compensation expense; (2) depreciation; and (3) acquisition-related items consisting of (i) amortization of intangible assets and goodwill and intangible asset impairments and (ii) gains and losses recognized on changes in the fair value of contingent consideration arrangements. The Company believes this measure is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors. Moreover, our management uses this measure internally to evaluate the performance of our business as a whole and our individual business segments. The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature, and we believe that by excluding these items, Adjusted EBITDA corresponds more closely to the cash operating income generated from our business, from which capital investments are made and debt is serviced. Adjusted EBITDA has certain limitations in that it does not take into account the impact to IAC's statement of operations of certain expenses. IAC endeavors to compensate for the limitations of the non-U.S. GAAP measure presented by providing the comparable U.S. GAAP measure with equal or greater prominence. The information presented above should be read in conjunction with IAC's historical consolidated financial statements and notes thereto found on the U.S. Securities and Exchange Commission's website at http://www.sec.gov.