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statements (Unaudited) Note 1 —The company and summary of significant accounting policies Nature of operations Match Group. Inc. consists of our North America dating business (which includes brands such as Match, OkCupid, Tinder. OurTime. BlackPeopleMeet and other dating brands operating within the United

aries Notes to combined financial statements (Unaudited) Note 1 —The company and summary of significant accounting policies Nature of operations Match Group. Inc. consists of our North America dating business (which includes brands such as Match, OkCupid, Tinder. OurTime. BlackPeopleMeet and other dating

ses that we may have incurred as an independent, stand-alone company for the periods presented. Company overview Match Group, Inc. consists of our North America dating business (which includes brands such as Match. OkCupid. Tinder, OurTime, BlackPeopleMeet and other dating brands operating within the United

counting principles ("GAAP"). All intercompany transactions and balances between and among the Company, its subsidiaries and the entities comprising Match Group. Inc. have been eliminated. All intercompany transactions between Match Group. Inc. and IAC and its subsidiaries. with the exception of notes payable

ed September 30, 2014 and 2015 Revenue Nine months ended September 30, change 2014 2015 Direct Revenue: (dollars In thousands except ARPPU) North America $ 391546 $ 434,080 10.9% International 205,358 205,739 0.2% Total Direct Revenue 596,904 639.819 7.2% Indirect Revenue 27,102 28.409

16.7% 15.4% 11.3% Net (earnings) loss attributable to noncontrolling interests (0.6)% (0.2)% (0.1)% (0.1)% 0.0% Net earnings attributable to Match Group. Inc.'s shareholder 12.0% 15.6% 16.6% 15.3% 11.3% 69 Table of Centeno < Results of operations for the nine months ended September 30, 2014 and