{
  "docId": "019dd923-5eff-723e-9be6-9a69c1b2d99f",
  "docSlug": "0856119309e1a34e",
  "documentTitle": "2025 Q1 Earnings Presentation",
  "authorId": "Expedia",
  "authorName": "Expedia Group",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 22,
  "pageCount": 30,
  "prevPage": 21,
  "nextPage": 23,
  "slideType": "appendix_disclosure",
  "function": "other",
  "density": "balanced",
  "nDataPoints": 1,
  "notes": "The slide details the specific line items excluded from GAAP net income to arrive at the non-GAAP 'Adjusted Net Income' metric, including a specific note on the 21.5% tax rate used for 2024/2025.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "numbered_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be6-9a69c1b2d99f/22",
  "deckHref": "/decks/019dd923-5eff-723e-9be6-9a69c1b2d99f",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be6-9a69c1b2d99f.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be6-9a69c1b2d99f#slide-22",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.86,
        "x": 0.07,
        "y": 0.81
      },
      "kind": "disclaimer",
      "text": "(a) We use a long-term projected tax rate in the calculation of adjusted net income as we believe this tax rate provides better consistency across reporting periods... In 2024 and 2025 we are applying a 21.5% effective tax rate to compute Adjusted Net Income.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bcfc62f8-e0dd-4fb5-9cf1-4c154736925a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adjusted Net Income: 21.5%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-6679-74c5-a1d3-7520322711e2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.86,
        "x": 0.07,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "Adjusted Net Income (Loss) generally captures all items on the statements of operations that occur in normal course operations and have been, or ultimately will be, settled in cash and is defined as net income (loss) attributable to Expedia Group plus the following items, net of tax(a): (1) stock-based compensation expense... (9) unrealized gains (losses) on revenue hedging activities that are included in other, net.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "591a47f6-91e5-42a0-a3d8-f19ad4bf681e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "Non-GAAP Definitions (continued)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e99158cd-be5c-4840-96a0-ecd7294b8beb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}