Liberty TripAdvisor Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

Segment Information (Tables)

12 Months Ended

Dec. 31, 2016


	Years ended December 31,
	2016			2015		2014
			Adjusted		Adjusted		Adjusted
	Revenue		OIBDA	Revenue	OIBDA	Revenue	OIBDA
	amounts in millions
TripAdvisor	$	1,480	352	1,492	464	1,246	468
Corporate and other		52	(16)	73	(30)	83	(26)
Consolidated TripCo	$	1,532	336	1,565	434	1,329	442

Schedule of other information


	December 31, 2016			December 31, 2015
	Total		Capital	Total	Capital
	Assets		expenditures	Assets	expenditures
	amounts in millions
TripAdvisor	$	7,171	72	7,235	109
Corporate and other		111	1	50	3
Consolidated TripCo	$	7,282	73	7,285	112

Schedule of revenue by geographic area


	December 31,
	2016		2015	2014
	amounts in millions
United States	$	850	807	670
United Kingdom		210	215	191
Other countries		472	543	468
Consolidated TripCo	$	1,532	1,565	1,329

Schedule of long-lived assets by geographic area


	December 31,
	2016		2015
	amounts in millions
United States	$	158	150
Other countries		18	30
Consolidated TripCo	$	176	180

Reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes


	Years ended December 31,
	2016		2015	2014
	amounts in millions
Consolidated Adjusted OIBDA	$	336	434	442
Stock settled charitable contribution (1)		—	(67)	—
Stock-based compensation		(91)	(82)	(74)
Depreciation and amortization		(222)	(268)	(298)
Impairment of intangible assets		—	(2)	(2)
Operating income		23	15	68
Interest expense		(25)	(28)	(13)
Realized and unrealized gains (losses) on financial instruments, net		53	2	1
Other, net		(5)	15	(12)
Earnings (loss) before income taxes	$	46	4	44

TripAdvisor recorded an expense for the year ending December 31, 2015 in the amount of $67 million for a non-cash contribution to the TripAdvisor Charitable Foundation (the “Foundation”) which was recorded to general and administrative expense in the consolidated statements of operations. TripAdvisor settled this obligation with treasury shares based on the fair value of its common stock on the date the treasury shares were issued to the Foundation. Due to the one-time nature and use of stock to settle the obligation, the amount has been excluded from Adjusted OIBDA for the year ended December 31, 2015, as shown above.