IAC Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
PPLI$42.08+2.6%Stored close · as of Nov 6, 2026
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Consolidated Statement of Comprehensive Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In thousands) | ||||
| Net (loss) earnings | $(141,467) | $(91,630) | $(96,495) | $323,689 |
| Other comprehensive (loss) income, net of income taxes: | ||||
| Change in foreign currency translation adjustment | (199) | 2,486 | 19 | 3,405 |
| Change in net unrealized gains on interest rate swaps | 574 | 5,639 | 4,271 | 3,352 |
| Change in unrealized gains and losses on available-for-sale marketable debt securities | 2 | (11) | (20) | (37) |
| Total other comprehensive income, net of income taxes | 377 | 8,114 | 4,270 | 6,720 |
| Comprehensive (loss) income, net of income taxes | (141,090) | (83,516) | (92,225) | 330,409 |
| Components of comprehensive (income) loss attributable to noncontrolling interests: | ||||
| Net (earnings) loss attributable to noncontrolling interests | (765) | 2,585 | (706) | 5,041 |
| Change in foreign currency translation adjustment attributable to noncontrolling interests | 41 | (377) | 195 | (493) |
| Comprehensive (income) loss attributable to noncontrolling interests | (724) | 2,208 | (511) | 4,548 |
| Comprehensive (loss) income attributable to IAC shareholders | $(141,814) | $(81,308) | $(92,736) | $334,957 |
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