Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Information [Abstract]

Selected Quarterly Financial Data (Unaudited)



	December 31		September 30		June 30		March 31
	(in thousands, except for per share data)
2012
Total revenues	$	945,239	$	905,089	$	889,163	$	869,791
Gross profit	249,372		242,451		245,735		245,858
Net income (loss)	7,897		7,675		6,164		(4,584		)
Earnings (loss) per share:
Basic	$	0.14	$	0.14	$	0.11	$	(0.08	)
Diluted	0.13		0.13		0.11		(0.08		)
2011
Total revenues	$	875,575	$	821,839	$	788,610	$	718,553
Gross profit	300,420		285,222		298,632		280,402
Net income (1)	35,219		62,460		68,214		60,233
Earnings per share:
Basic	$	0.66	$	1.19	$	1.30	$	1.14
Diluted	0.64		1.16		1.26		1.11


(1)	Net income for the three months ended December 31, 2011 includes $9.0 million of expense related to a legal settlement and $9.5 million of expense related to termination benefits associated with the Company’s retraction of plans to separate and rebrand the DVD-by-mail service.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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