Business Context and Reporting Period
Company: Expedia, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 25, 2013
Reporting Period: Quarter ended March 31, 2013
This filing announces the financial results for the first quarter of 2013 and includes a declaration of a quarterly cash dividend. Detailed financial metrics are referenced in attached exhibits rather than listed directly in the body of this report.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached press release (Exhibit 99.1) and infographic (Exhibit 99.2), which are not included in the provided source text.
Material Changes and Corporate Actions
- Dividend Declaration: The Executive Committee declared a quarterly cash dividend of $0.13 per share of outstanding common stock.
- Payment Details: Payable on June 19, 2013, to stockholders of record as of the close of business on May 30, 2013.
- Disclosure: The company released an infographic containing company information for the first quarter of 2013 (Exhibit 99.2).
Guidance, Outlook, and Risks
The filing text does not contain specific guidance, outlook statements, management commentary, or risk factors. It notes that the earnings release (Exhibit 99.1) includes non-GAAP financial measures. The filing explicitly states that the information in Items 2.02 and 7.01 is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q1 2013 revenue, net income, and earnings per share figures.
- Verify the record date (May 30, 2013) and payment date (June 19, 2013) for the $0.13 dividend.
- Examine Exhibit 99.2 for the "Numbers Infographic" to understand key operational metrics for the quarter.
- Check the full earnings release for non-GAAP reconciliations and forward-looking statements not present in this summary.