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Segment Information
6 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Information

11. Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker is its chief executive officer. The Company’s chief executive officer reviews financial information presented on a consolidated basis, accompanied by information about operating segments, including net sales and operating income before depreciation, amortization and stock-based compensation expense.

The Company determined its reportable operating segment is DMS, which derives revenue from fees earned through the delivery of qualified leads, inquiries, clicks, calls, customers and, to a lesser extent, impressions. The remaining segment does not meet the quantitative threshold for an individually reportable segment and is therefore included in the “All Other” line in the following table.

The Company evaluates the performance of its operating segments based on operating income before depreciation, amortization and stock-based compensation expense.

The Company does not allocate most of its assets, nor its depreciation and amortization expense, stock-based compensation expense, interest income, interest expense, other income, net, or (provision for) benefit from taxes by segment. Accordingly, the Company does not report such information.

Summarized information by segment was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Net revenue by segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DMS

 

$

64,961

 

 

$

66,412

 

 

$

137,350

 

 

$

135,344

 

All Other

 

 

 

 

 

282

 

 

 

 

 

 

539

 

Total net revenue

 

 

64,961

 

 

 

66,694

 

 

 

137,350

 

 

 

135,883

 

Segment operating income before depreciation, amortization, and stock-based compensation expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DMS

 

 

158

 

 

 

1,953

 

 

 

1,076

 

 

 

2,028

 

All Other

 

 

 

 

 

178

 

 

 

 

 

 

342

 

Total segment operating income before depreciation,

   amortization, and stock-based compensation expense

 

 

158

 

 

 

2,131

 

 

 

1,076

 

 

 

2,370

 

Depreciation and amortization

 

 

(3,772

)

 

 

(4,986

)

 

 

(7,716

)

 

 

(10,408

)

Stock-based compensation expense

 

 

(2,329

)

 

 

(2,526

)

 

 

(4,833

)

 

 

(4,801

)

Total operating loss

 

$

(5,943

)

 

$

(5,381

)

 

$

(11,473

)

 

$

(12,839

)

 

The following tables set forth net revenue and long-lived assets by geographic area (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

63,440

 

 

$

65,397

 

 

$

134,666

 

 

$

133,467

 

International

 

 

1,521

 

 

 

1,297

 

 

 

2,684

 

 

 

2,416

 

Total net revenue

 

$

64,961

 

 

$

66,694

 

 

$

137,350

 

 

$

135,883

 

 

 

 

December 31,

 

 

June 30,

 

 

 

2015

 

 

2015

 

Property and equipment, net:

 

 

 

 

 

 

 

 

United States

 

$

8,190

 

 

$

8,313

 

International

 

 

488

 

 

 

252

 

Total property and equipment, net

 

$

8,678

 

 

$

8,565