Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Service and other revenue $ 415 $ 354 $ 1,183 $ 958
Net retail sales 17 21 37 46
Total net sales 432 375 1,220 1,004
Operating costs and expenses:        
Cost of retail sales 15 15 32 35
Operating expense, including stock-based compensation (note 2) 72 61 207 166
Selling, general and administrative, including stock-based compensation 243 205 684 507
Depreciation and amortization 67 77 199 219
Total operating costs and expenses 397 358 1,122 927
Operating income (loss) 35 17 98 77
Other income (expense):        
Interest expense (7) (4) (20) (9)
Other, net 13 (8) 16 (8)
Total other income (expense) 6 (12) (4) (17)
Earnings (loss) before income taxes 41 5 94 60
Income tax (expense) benefit (12) (3) (35) (18)
Net earnings (loss) 29 2 59 42
Less net earnings (loss) attributable to noncontrolling interests 32 7 76 46
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders $ (3) $ (5) $ (17) $ (4)
Earnings Per Share, Basic $ (0.04) $ (0.07) $ (0.23) $ (0.05)
Earnings Per Share, Diluted $ (0.04) $ (0.07) $ (0.23) $ (0.05)