XML 33 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The following amounts related to the Owned & Operated Websites segment for the three- and six-month periods ended June 30, 2013, were derived from historical financial information. All amounts have been segregated from continuing operations and reported in discontinued operations (in thousands):
 
Three Months
Ended
June 30, 2013
 
Six Months
Ended
June 30, 2013
Revenue
$
31,662

 
$
62,617

 
 
 
 
Income from discontinued operations before income taxes
4,941

 
9,211

Income tax expense
1,583

 
2,949

Net income from discontinued operations
$
3,358

 
$
6,262


The components of assets and liabilities held for sale at December 31, 2013 are as follows (in thousands):
 
December 31, 2013
Current assets held for sale:
 
Cash and cash equivalents
$
14,933

Receivables, net
15,113

Other current assets
2,756

 
$
32,802

Assets held for sale, less current portion:
 
Property and equipment, net
$
1,554

Goodwill
45,878

Intangible assets acquired in business combinations
7,798

Other assets
412

 
$
55,642

Current liabilities related to assets held for sale:
 
Accounts payable and accrued expenses
$
7,242

Other current liabilities
404

 
$
7,646

Liabilities related to assets held for sale, less current portion:
 
Deferred tax liabilities
$
1,058

Other non-current liabilities

 
$
1,058