The following table sets forth selected quarterly consolidated financial information for the years ended December 31, 2013 and 2012. The operating results for any given quarter are not necessarily indicative of results for any future period.

	2013 Quarter Ended												2012 Quarter Ended
	Mar.31			Jun.30			Sep.30			Dec.31			Mar.31			Jun.30			Sep.30			Dec.31
	(in thousands, except per share data)
Revenue	$	11,974		$	13,476		$	16,071		$	17,680		$	4,211		$	5,400		$	7,998		$	9,031
Operating Expenses
Cost of revenue		4,198			4,123			4,501			4,935			1,232			2,396			2,889			2,942
Sales and marketing		5,682			6,541			7,571			8,335			1,547			3,125			3,848			3,835
General and administrative		8,803			7,220			7,852			7,085			6,350			6,405			7,396			8,257
Research and development		2,246			2,331			2,149			2,306			1,157			1,904			2,825			2,921
Amortization of intangible assets		2,491			1,544			2,176			2,259			398			1,409			1,511			1,519
Impairment related and other		170			127			470			3,525			—			141			655			334
Total operating expenses		23,590			21,886			24,719			28,445			10,684			15,380			19,124			19,808
Operating income (loss)		(11,616	)		(8,410	)		(8,648	)		(10,765)			(6,473	)		(9,980	)		(11,126	)		(10,777	)
Other income (loss), net		(64	)		(46	)		(68	)		(4,032	)		157			1,470			31,222			24,971
Interest income		31			56			63			77			124			82			138			95
Interest expense		(321	)		(385	)		(370	)		(408	)		(10	)		(9	)		—			(6	)
Income (loss) before income taxes, equity loss, discontinued operations and noncontrolling interest		(11,970	)		(8,785	)		(9,023	)		(15,128	)		(6,202	)		(8,437	)		20,234			14,283
Income tax (expense) benefit		(73	)		(56	)		99			17,601			806			2,457			(3,330	)		(41	)
Equity loss		(701	)		(923	)		(295	)		(1,044	)		(2,303	)		(3,236	)		(1,607	)		(1,526	)
Income (loss) from continuing operations		(12,744	)		(9,764	)		(9,219	)		1,429			(7,699	)		(9,216	)		15,297			12,716
Income (loss) from discontinued operations		28,226			2,448			4,980			196,685			831			3,874			5,657			2,121
Net income (loss)		15,482			(7,316	)		(4,239	)		198,114			(6,868	)		(5,342	)		20,954			14,837
Less: Net income attributable to the noncontrolling interest		(3,586	)		(458	)		(907	)		(2,067	)		152			652			(387	)		175
Net income (loss) attributable to ICG Group, Inc.	$	19,068		$	(6,858	)	$	(3,332	)	$	200,181		$	(7,020	)	$	(5,994	)	$	21,341		$	14,662
Amounts attributable to ICG Group, Inc.:
Net income (loss) from continuing operations	$	(11,426	)	$	(9,025	)	$	(8,022	)	$	2,804		$	(7,660	)	$	(9,156	)	$	16,063		$	13,449
Net income (loss) from discontinued operations		30,494			2,167			4,690			197,377			640			3,162			5,278			1,213
Net income (loss)	$	19,068		$	(6,858	)	$	(3,332	)	$	200,181		$	(7,020	)	$	(5,994	)	$	21,341		$	14,662
Basic income (loss) per share ⁽¹⁾
Income (loss) from continuing operations	$	(0.31	)	$	(0.25	)	$	(0.22	)	$	0.08		$	(0.21	)	$	(0.26	)	$	0.45		$	0.37
Income (loss) from discontinued operations		0.83			0.06			0.13			5.38			0.02			0.09			0.15			0.04
Net income (loss) attributable to ICG Group, Inc. operations	$	0.52		$	(0.19	)	$	(0.09	)	$	5.46		$	(0.19	)	$	(0.17	)	$	0.60		$	0.41
Shares used in computation of basic income (loss) per share ⁽¹⁾		36,713			36,468			36,303			36,664			36,156			35,917			35,650			35,840
Diluted income (loss) per share ⁽¹⁾
Income (loss) from continuing operations	$	(0.31	)	$	(0.25	)	$	(0.22	)	$	0.08		$	(0.21	)	$	(0.26	)	$	0.44		$	0.36
Income (loss) from discontinued operations		0.83			0.06			0.13			5.10			0.02			0.09			0.15			0.04
Net income (loss) attributable to ICG Group, Inc.	$	0.52		$	(0.19	)	$	(0.09	)	$	5.18		$	(0.19	)	$	(0.17	)	$	0.59		$	0.40
Shares used in computation of diluted income (loss) per share ⁽¹⁾		36,713			36,468			36,303			38,680			36,156			35,917			36,273			36,912

—	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.