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Selected Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following table sets forth selected quarterly consolidated financial information for the years ended December 31, 2017 and 2016. The operating results for any given quarter are not necessarily indicative of results for any future period.
(in thousands, except per share data)
 
2017 Quarter Ended
 
2016 Quarter Ended
 
 
Dec. 31
 
Sep. 30
 
June 30
 
Mar. 31
 
Dec. 31
 
Sep. 30
 
June 30
 
Mar. 31
Revenue
 
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

Operating expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative
 
8,867

 
6,186

 
6,208

 
7,213

 
5,760

 
5,313

 
5,909

 
7,058

Amortization of intangibles assets
 
700

 

 

 

 

 

 

 

Impairment related and other
 
11,239

 

 

 

 

 
(3
)
 
45

 

Total operating expenses
 
20,806

 
6,186

 
6,208

 
7,213

 
5,760

 
5,310

 
5,954

 
7,058

Operating income (loss)
 
(20,806
)
 
(6,186
)
 
(6,208
)
 
(7,213
)
 
(5,760
)
 
(5,310
)
 
(5,954
)
 
(7,058
)
Other income (loss), net
 
2,034

 
192

 
2,697

 
957

 
100

 
2,842

 

 
46

Interest income
 
329

 
107

 
128

 
146

 
156

 
24

 
31

 
37

Income (loss) from continuing operations before income taxes and noncontrolling interests
 
(18,443
)
 
(5,887
)
 
(3,383
)
 
(6,110
)
 
(5,504
)
 
(2,444
)
 
(5,923
)
 
(6,975
)
Income tax benefit (expense)
 
11,489

 

 

 

 
7,296

 

 

 

Income (loss) from continuing operations
 
(6,954
)
 
(5,887
)
 
(3,383
)
 
(6,110
)
 
1,792

 
(2,444
)
 
(5,923
)
 
(6,975
)
Income (loss) from discontinued operations, including gain on sale, net of tax
 
202,880

 
(1,018
)
 
(3,943
)
 
(4,042
)
 
104,091

 
(8,649
)
 
(7,635
)
 
(8,408
)
Net income (loss)
 
195,926

 
(6,905
)
 
(7,326
)
 
(10,152
)
 
105,883

 
(11,093
)
 
(13,558
)
 
(15,383
)
Less: Net income (loss) attributable to the noncontrolling interests
 
(1,046
)
 
(424
)
 
(463
)
 
(482
)
 
(1,348
)
 
(1,019
)
 
(817
)
 
(1,052
)
Net income (loss) attributable to Actua Corporation
 
$
196,972

 
$
(6,481
)
 
$
(6,863
)
 
$
(9,670
)
 
$
107,231

 
$
(10,074
)
 
$
(12,741
)
 
$
(14,331
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts attributable to Actua Corporation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) from continuing operations
 
$
(6,954
)
 
$
(5,887
)
 
$
(3,383
)
 
$
(6,110
)
 
$
1,792

 
$
(2,444
)
 
$
(5,923
)
 
$
(6,975
)
Net income (loss) from discontinued operations
 
203,926

 
(594
)
 
(3,480
)
 
(3,560
)
 
105,439

 
(7,630
)
 
(6,818
)
 
(7,356
)
Net income (loss)
 
$
196,972

 
$
(6,481
)
 
$
(6,863
)
 
$
(9,670
)
 
$
107,231

 
$
(10,074
)
 
$
(12,741
)
 
$
(14,331
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per share attributable to Actua Corporation(1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.23
)
 
$
(0.19
)
 
$
(0.11
)
 
$
(0.19
)
 
$
0.05

 
$
(0.06
)
 
$
(0.16
)
 
$
(0.19
)
Income (loss) from discontinued operations
 
6.61

 
(0.02
)
 
(0.11
)
 
(0.11
)
 
2.94

 
(0.21
)
 
(0.19
)
 
(0.19
)
Net income (loss)
 
$
6.38

 
$
(0.21
)
 
$
(0.22
)
 
$
(0.30
)
 
$
2.99

 
$
(0.27
)
 
$
(0.35
)
 
$
(0.38
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares used in computation of basic income (loss) per share(1)
 
30,869

 
30,641

 
31,267

 
32,113

 
35,865

 
36,776

 
36,760

 
37,293

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted income (loss) per share attributable to Actua Corporation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.23
)
 
$
(0.19
)
 
$
(0.11
)
 
$
(0.19
)
 
$
0.05

 
$
(0.06
)
 
$
(0.16
)
 
$
(0.19
)
Income (loss) from discontinued operations
 
6.61

 
(0.02
)
 
(0.11
)
 
(0.11
)
 
2.89

 
(0.21
)
 
(0.19
)
 
(0.19
)
Net income (loss)
 
$
6.38

 
$
(0.21
)
 
$
(0.22
)
 
$
(0.30
)
 
$
2.94

 
$
(0.27
)
 
$
(0.35
)
 
$
(0.38
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares used in computation of diluted income (loss) per share
 
30,869

 
30,641

 
31,267

 
32,113

 
36,421

 
36,776

 
36,760

 
37,293



(1) The sum of quarterly income (loss) per share differs from the full year amount due to changes in the number of shares outstanding during the year.