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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue $ 16,071 $ 7,998 $ 41,521 $ 17,609
Operating expenses        
Cost of revenue 4,942 3,144 14,061 7,165
Sales and marketing 7,536 3,803 19,634 8,377
General and administrative 7,984 7,550 24,447 20,631
Research and development 1,611 2,461 5,075 4,901
Amortization of intangible assets 2,176 1,511 6,211 3,318
Impairment related and other 470 654 767 795
Total operating expenses 24,719 19,123 70,195 45,187
Operating income (loss) (8,648) (11,125) (28,674) (27,578)
Other income (loss), net (68) 31,222 (178) 32,849
Interest income 63 138 150 325
Interest expense (370)   (1,076)  
Income (loss) before income taxes, equity loss and noncontrolling interest (9,023) 20,235 (29,778) 5,596
Income tax (expense) benefit 605 732 1,633 2,884
Equity loss (295) [1] (1,608) [2] (1,919) [3] (7,147) [2]
Income (loss) from continuing operations (8,713) 19,359 (30,064) 1,333
Income (loss) from discontinued operations, including gain on sale, net of tax 4,474 1,595 33,991 7,411
Net income (loss) (4,239) 20,954 3,927 8,744
Less: Net income (loss) attributable to the noncontrolling interest 907 387 4,951 (417)
Net income (loss) attributable to ICG Group, Inc. (3,332) 21,341 8,878 8,327
Amounts attributable to ICG Group, Inc.:        
Net income (loss) from continuing operations (7,516) 20,125 (26,809) 2,205
Net income (loss) from discontinued operations 4,184 1,216 35,687 6,122
Net income (loss) attributable to ICG Group, Inc. (3,332) 21,341 8,878 8,327
Basic income (loss) per share attributable to ICG Group, Inc.:        
Income (loss) from continuing operations $ (0.21) $ 0.57 $ (0.74) $ 0.06
Income (loss) from discontinued operations $ 0.12 $ 0.03 $ 0.98 $ 0.17
Net income (loss) $ (0.09) $ 0.60 $ 0.24 $ 0.23
Shares used in computation of basic income (loss) per share 36,303 35,650 36,494 35,907
Diluted income (loss) per share attributable to ICG Group, Inc.:        
Income (loss) from continuing operations $ (0.21) $ 0.56 $ (0.74) $ 0.06
Income (loss) from discontinued operations $ 0.12 $ 0.03 $ 0.98 $ 0.17
Net income (loss) $ (0.09) $ 0.59 $ 0.24 $ 0.23
Shares used in computation of diluted income (loss) per share 36,303 36,273 36,494 36,435
Net income (loss) (4,239) 20,954 3,927 8,744
Other comprehensive income (loss)        
Unrealized holding gain (loss) in marketable securities   (13) 23 1,552
Reclassified adjustments/realized net (gains) loss on marketable securities   (106) (23) (1,552)
Other accumulated other comprehensive income (loss) 38 (56) 88 (47)
Comprehensive income (loss) (4,201) 20,779 4,015 8,697
Less: Comprehensive income (loss) attributable to the noncontrolling interest (869) (443) (4,862) 370
Comprehensive income (loss) attributable to ICG Group, Inc. $ (3,332) $ 21,222 $ 8,877 $ 8,327
[1] Includes Acquirgy, CIML, Freeborders and WhiteFence.
[2] Includes Acquirgy, Bolt, CIML, Freeborders, GoIndustry-DoveBid plc (“GoIndustry”) (to July 5, 2012, the date of disposition) and WhiteFence.
[3] Includes Acquirgy, CIML (from February 20, 2013, the date of deconsolidation), Freeborders and WhiteFence.