QUARTERLY RESULTS (UNAUDITED)

12 Months Ended

Dec. 31, 2011

QUARTERLY RESULTS (UNAUDITED)

QUARTERLY RESULTS (UNAUDITED)

NOTE 17—QUARTERLY RESULTS (UNAUDITED)

        The second and third quarters of 2011 have been restated to reflect a non-cash impairment related to indefinite-lived trade name and trademark assets that occurred in the second quarter of 2011 and reductions in depreciation and amortization expense related to discontinued operations in the last three quarters of 2011. Financial data for these quarters as previously reported and as restated is as follows:

	Quarter Ended March 31,			Quarter Ended June 30,			Quarter Ended September 30,			Quarter Ended December 31,
	(In thousands, except per share amounts)
As previously reported:
Revenue	$	13,919		$	16,931		$	13,101		$	10,666
Operating loss		(15,743	)		(7,968	)		(3,760	)		(4,637	)
Net loss from continuing operations		(16,087	)		(8,081	)		(3,685	)		(5,102	)
Income (loss) from discontinued operations		(23,408	)		(9,737	)		16,283			6,284
Net income/(loss) attributable to common shareholders		(39,495	)		(17,818	)		12,598			1,182
Net income/(loss) per share attributable to common shareholders:
Basic		(3.63	)		(1.62	)		1.14			0.11
Diluted		(3.63	)		(1.62	)		1.13			0.11
As restated:
Revenue	$	13,919		$	16,931		$	13,101		$	10,666
Operating loss		(15,743	)		(36,968	)		(3,760	)		(4,637	)
Net loss from continuing operations		(16,087	)		(25,116	)		(3,406	)		(5,102	)
Income (loss) from discontinued operations		(23,408	)		(9,389	)		16,721			6,284
Net income/(loss) attributable to common shareholders		(39,495	)		(34,505	)		13,315			1,182
Net income/(loss) per share attributable to common shareholders:
Basic		(3.63	)		(3.13	)		1.21			0.11
Diluted		(3.63	)		(3.13	)		1.20			0.11

        The 2011 unaudited consolidated financial statements will be prospectively restated in the quarterly reports filed on Form 10-Q for the second and third quarters of 2012.