👁 1
💬 0
📄 Extracted Text (547 words)
F-57
Table of Contents
Unaudited pro forma information
Historical pro forma earnings per share
The following table sets forth the computation of pro forma basic and diluted earnings per share attributable to Match Group, Inc.'s shareholder.
Years Ended December 31,
2012 2013 2014
Basic Diluted Basic Diluted Bask Diluted
(in thousands, except per share data)
Numerator.
Net earnings $ 90.281 $ 90,281 126,627 126.627 $ 148,359 148,359
Net earnings attributable to noncontrolling
interests (4,606) (4,606) (1,624) (1,624) (595) (595)
Net earnings attributable to Match Group, Inc.'s
shareholder $ 85.675 $ 85,675 $ 125,003 $ 125.003 $ 147,764 S 147,764
Denominator.
Weighted average basic shares outstanding(*) 9.800 9.800 9.969 9.969 10.047 10.047
Dilutive securities including stock options and
other securities(*) 239 - 362 458
Denominator for earnings per share—weighted
average shares(*) 9.800 10,039 9,969 10.331 10.047 10.505
Earnings per share attributable to Match
Group, Inc.'s shareholder:
Earnings per share(*) $ 8.74 $ 8.53 $ 12.54 $ 12.10 $ 14.71 14.07
(a) All share and per Owe rriormation reflects information before giving effect to adjustments to be made in connection with the recapitalizaton of our equity that me
occur prior to the completion of the PO and the Uansfer of the net proceeds or tne IPO to IAC
Unaudited pro forma information to give effect to the dividend payment to IAC.
The unaudited pro forma balance sheet and unaudited pro forma net earnings per share have been presented in accordance with SEC Staff Accounting
Bulletin Topic 1.63. The unaudited pro forma balance sheet gives effect to an anticipated 16-for-1 stock split and an estimated $15 billion of proceeds from
the issuance of the Match Senior Notes. borrowings under the term loan facility and this offering. Including additional borrowings under the revolving credit
facility, as payment of a dividend to IAC. The computation of pro forma net earnings per share reflects the number of additional shares that were issued to
fund the dividend to IAC based on an assumed offering price of $13.00 per share (the midpoint of the offering price range set forth on the cover page of this
prospectus). The computation of pro forma earnings per share assumes 33.3 million of incremental shares to be issued in connection with this distribution
were outstanding from the beginning of the period.
F-58
Table of Cnntentet
The following table sets forth the computation of pro forma basic and diluted earnings per share attributable to Match Group. Inc. shareholders to give effect to
the dividend payment to IAC.
Year ended
December 31, 2014
Basic Diluted
(In thousands,
except
per share data)
Numerator.
Net earnings(a) 115,296 $ 115,296
Net earnings attributable to noncontrolling Interests (595) (595)
Net earnings attributable to Match Group. Inc. shareholders 114,701 $ 114,701
Denominator:
Weighted average basic shares outstanding 160.756 160,756
Add: Pro forma adjustment to reflect assumed shares sold in the initial public offering to fund the
dividend payment 33,333 33,333
Pro forma weighted average basic shares outstanding 194,089 194,089
Dilutive securities including stock options and other securities 7,323
Pro forma denominator for earnings per share—weighted average shares 194.089 201,412
Pro forma earnings per share attributable to Match Group, Inc. shareholders $ 0.59 $ 0.57
http. vsvmsec.gm An:hutsedger data 15751891X/0104746915008431 a22264511n-labimil I 9'2015 9.27:17 AM)
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0075262
CONFIDENTIAL SDNY_GM_00221446
EFTA01378102
ℹ️ Document Details
SHA-256
865f5385028c24cd8ccd54cb1fdcf500e736e924f4881dfcca59b8a832650895
Bates Number
EFTA01378102
Dataset
DataSet-10
Type
document
Pages
1
💬 Comments 0