33335 are you dating material the 35 dating rules

24-May-2017 16:44

CONFERENCE CALL Match Group will audiocast a conference call to answer questions regarding its first quarter financial results on .

This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor's understanding of Match Group's business.

In Q1 2015, the effective rate was lower than the statutory rate of 35% due primarily to the non-taxable gain on contingent consideration fair value adjustments.

The effective tax rates for Adjusted Net Income in Q1 2016 and Q1 2015 were 31% and 36%, respectively.

These measures are among the primary metrics by which we evaluate the performance of our businesses, on which our internal budgets are based and by which management is compensated.

We believe that investors should have access to, and we are obligated to provide, the same set of tools that we use in analyzing our results.

The number of common shares reflected in the dilution table above reflects the current market price of IAC and our estimates of the fair value of Tinder and The Princeton Review, each at various market prices of our common stock.

The number of shares of our common stock ultimately required to settle these awards will fluctuate from the number of shares reflected in the table above based upon changes in our stock price, changes in IAC's stock price, and any differences between the estimates of fair value of Tinder and The Princeton Review used to compute dilution in the table above and the ultimate fair values of these businesses determined in connection with any future liquidity events related to the associated equity awards.

33335 are you dating material-75

In Q1 2016, the effective rate was higher than the statutory rate of 35% due primarily to the non-deductible losses on contingent consideration fair value adjustments, partially offset by foreign income taxed at lower rates.

As a result of these changes, Dating Adjusted EBITDA margin increased to 26% from 18% in the prior year, while total Match Group Adjusted EBITDA margin increased to 23% compared to 14% in the prior year.

OTHER ITEMS Interest expense in the quarter was , consisting primarily of interest costs associated with the Company's term loan and senior notes, as well as commitment fees on its revolving credit facility.

The IAC equity awards represent options, restricted stock units, and performance-based stock units denominated in the shares of IAC which were issued to employees of Match Group prior to our public offering.

When exercised, IAC will settle the awards with shares of IAC and Match Group will issue additional shares to IAC as compensation.

In Q1 2016, the effective rate was higher than the statutory rate of 35% due primarily to the non-deductible losses on contingent consideration fair value adjustments, partially offset by foreign income taxed at lower rates.As a result of these changes, Dating Adjusted EBITDA margin increased to 26% from 18% in the prior year, while total Match Group Adjusted EBITDA margin increased to 23% compared to 14% in the prior year.OTHER ITEMS Interest expense in the quarter was , consisting primarily of interest costs associated with the Company's term loan and senior notes, as well as commitment fees on its revolving credit facility.The IAC equity awards represent options, restricted stock units, and performance-based stock units denominated in the shares of IAC which were issued to employees of Match Group prior to our public offering.When exercised, IAC will settle the awards with shares of IAC and Match Group will issue additional shares to IAC as compensation.The dilution calculation above assumes that all exercise proceeds from Match Group options, and all expected tax benefits associated with the vesting or exercise of all awards, are used to purchase Match Group shares at the time of such vesting or exercise (as the case may be), whether or not such repurchases actually occur.