EFTA01378100.pdf

F-54 Table of Contents Note 14-Benefit plans During the three-year period ended December 31, 2014. employees of Match Group, Inc. were eligible to participate in a retirement savings plan sponsored by IAC or plan(s) sponsored by its subsidiaries in the United States that qualified under Section 401(k) of the Internal Revenue Code. Under the IAC Plan, participating employees may contribute up to 50% of their pre-tax earnings, but not more than statutory limits. The employer match under the IAC Plan is fifty cents for each dollar a participant contributes in this plan, with a maximum contribution of 3% of a participant's eligible earnings. Matching contributions for these plans for the years ended December 31, 2012, 2013 and 2014 are $1.1 million, $1.2 million and $1.6 million, respectively. Matching contributions are invested in the same manner as each participant's voluntary contributions in the Investment options provided under the plan. An investment option in the plan is IAC common stock, but neither participant nor matching contributions are required to be invested in IAC common stock. Match Group, Inc. also has or participates in various benefit plans. pnncipally defined contribution plans, for its international employees. Match Group, Inc.'s contributions for these plans for the years ended December 31, 2012. 2013 and 2014 are $1.9 million, $2.3 million and $2.1 million, respectively. Note 15—Combined financial statement details December 31, 2013 2014 (In thousands) Other current assets: Prepaid expenses $ 9.282 $ 19.203 Deferred income taxes 6,457 5.925 Other 1,635 8.609 Other current assets $ 17.374 $ 33.737 December 31, 2013 2014 (In thousands) Property and equipment, net: Computer equipment and capitalized software $ 66,952 $ 86.716 Leasehold improvements 9,134 9,624 Furniture and other equipment 1,903 3,441 Projects in progress 1:375 77,989 101,156 Accumulated depreciation and amortization (42,899) (58,159) Property and equipment, net $ 35,090 $ 42,997 F-55 Table stana December 31, 2013 2014 (In thousands) Other non-current assets: Restricted cash—funds held in escrow for Meet's tender offer $ 71,512 $ — Deferred income taxes 50 1,017 Other 3,003 4,563 Other non-current assets $ 74,565 $ 5,580 December 31, 2013 2014 (In thousands) Accrued expenses and other current liabilities: Accrued employee compensation and benefits $ 24.041 $ 28.791 Accrued advertising expense 18,900 18,187 vdv‘v, iiec.gov 'An:hives daW1575189110010474691500643112226458^-talfint,I 192015 921:17 AIM CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075260 CONFIDENTIAL SONY GM_00221444 EFTA01378100