| Schedule of unaudited quarterly financial information |
Unaudited Quarterly Financial Information (in thousands, except per share amounts)
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Quarter Ended |
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March 31,
2012 |
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June 30,
2012 |
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September 30,
2012 |
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December 31,
2012 |
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|
Revenues |
|
$ |
92,849 |
|
$ |
96,336 |
|
$ |
93,818 |
|
$ |
103,610 |
|
|
Gross profit |
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|
59,869 |
|
|
60,955 |
|
|
59,121 |
|
|
69,390 |
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Acquisition and integration |
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|
1,470 |
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|
2,707 |
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|
1,379 |
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|
2,957 |
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|
Goodwill impairment(a) |
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— |
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— |
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|
208,166 |
|
|
11,427 |
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Income (loss) from continuing operations |
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|
1,279 |
|
|
518 |
|
|
(219,727 |
) |
|
(20,825 |
) |
|
Loss from discontinued operations |
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|
(291 |
) |
|
(789 |
) |
|
— |
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— |
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| |
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Net income (loss) |
|
$ |
988 |
|
$ |
(271 |
) |
$ |
(219,727 |
) |
$ |
(20,825 |
) |
| |
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Basic income (loss) per share |
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Continuing |
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$ |
0.05 |
|
$ |
0.02 |
|
$ |
(7.96 |
) |
$ |
(0.75 |
) |
|
Discontinued |
|
|
(0.01 |
) |
|
(0.03 |
) |
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— |
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|
— |
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| |
|
|
|
|
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Total |
|
$ |
0.04 |
|
$ |
(0.01 |
) |
$ |
(7.96 |
) |
$ |
(0.75 |
) |
| |
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Diluted income (loss) per share |
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|
|
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|
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Continuing |
|
$ |
0.05 |
|
$ |
0.02 |
|
$ |
(7.96 |
) |
$ |
(0.75 |
) |
|
Discontinued |
|
|
(0.01 |
) |
|
(0.03 |
) |
|
— |
|
|
— |
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| |
|
|
|
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|
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Total |
|
$ |
0.04 |
|
$ |
(0.01 |
) |
$ |
(7.96 |
) |
$ |
(0.75 |
) |
| |
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Quarter Ended |
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March 31,
2011 |
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June 30,
2011 |
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September 30,
2011 |
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December 31,
2011 |
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|
Revenues |
|
$ |
63,510 |
|
$ |
67,852 |
|
$ |
84,594 |
|
$ |
108,301 |
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Gross profit(b) |
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|
41,996 |
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|
44,917 |
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|
56,302 |
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|
76,345 |
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Acquisition and integration |
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|
10 |
|
|
3,195 |
|
|
10,571 |
|
|
1,343 |
|
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Income (loss) from continuing operations |
|
|
12,888 |
|
|
10,498 |
|
|
(2,697 |
) |
|
5,848 |
|
|
Loss from discontinued operations(c) |
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|
(209 |
) |
|
(285 |
) |
|
(134 |
) |
|
(1,425 |
) |
| |
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Net income (loss) |
|
$ |
12,679 |
|
$ |
10,213 |
|
$ |
(2,831 |
) |
$ |
4,423 |
|
| |
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Basic income (loss) per share |
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|
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|
|
|
|
|
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Continuing |
|
$ |
0.46 |
|
$ |
0.38 |
|
$ |
(0.10 |
) |
$ |
0.21 |
|
|
Discontinued |
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|
(0.01 |
) |
|
(0.01 |
) |
|
— |
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|
(0.05 |
) |
| |
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Total |
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$ |
0.45 |
|
$ |
0.37 |
|
$ |
(0.10 |
) |
$ |
0.16 |
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| |
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Diluted income (loss) per share |
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|
|
|
|
|
|
|
|
|
|
|
|
|
Continuing |
|
$ |
0.46 |
|
$ |
0.38 |
|
$ |
(0.10 |
) |
$ |
0.21 |
|
|
Discontinued |
|
|
(0.01 |
) |
|
(0.01 |
) |
|
— |
|
|
(0.05 |
) |
| |
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|
|
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Total |
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$ |
0.45 |
|
$ |
0.37 |
|
$ |
(0.10 |
) |
$ |
0.16 |
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| |
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- (a)
- In the third and fourth quarter of 2012 we recorded goodwill impairment charges related to our online reporting unit. See Note 5. In addition, we recorded a valuation allowance against our deferred tax assets. See Note 9.
- (b)
- The fourth quarter of 2011 includes a $0.9 million credit for the reversal of an earnout liability related to Match Point.
- (c)
- The fourth quarter of 2011 includes a charge of $1.8 million relating to the impairment of our Springbox unit. See Note 10.
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