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BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2013
BUSINESS SEGMENTS  
Summary of information about reportable segments

The table below summarizes information about reportable segments for the three months ended March 31, 2013 and 2012 (in thousands):

 

 

Three months ended
March 31,

 

 

 

Direct

 

Fulfillment
partner

 

Total

 

2013

 

 

 

 

 

 

 

Revenue, net

 

$

41,942

 

$

270,052

 

$

311,994

 

Cost of goods sold

 

37,149

 

215,909

 

253,058

 

Gross profit

 

$

4,793

 

$

54,143

 

$

58,936

 

Operating expenses

 

 

 

 

 

(51,521

)

Other income (expense), net

 

 

 

 

 

328

 

Provision for income taxes

 

 

 

 

 

46

 

Net income

 

 

 

 

 

$

7,697

 

 

 

 

 

 

 

 

 

2012

 

 

 

 

 

 

 

Revenue, net

 

$

40,897

 

$

221,470

 

$

262,367

 

Cost of goods sold

 

37,630

 

177,229

 

214,859

 

Gross profit

 

$

3,267

 

$

44,241

 

$

47,508

 

Operating expenses

 

 

 

 

 

(45,033

)

Other income (expense), net

 

 

 

 

 

253

 

Provision for income taxes

 

 

 

 

 

9

 

Net income

 

 

 

 

 

$

2,719