XML 56 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
SEGMENT INFORMATION (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
segment
Sep. 30, 2013
SEGMENT INFORMATION        
Number of reportable operating segments     1  
Revenue $ 41,306 $ 37,343 $ 123,486 $ 102,829
Cost of revenue (exclusive of depreciation shown separately below) 2,110 1,733 5,670 5,039
Selling and marketing expense 27,168 24,832 83,581 68,473
General and administrative expense 6,590 5,610 18,201 17,817
Product development 1,658 1,217 5,416 3,914
Depreciation 840 891 2,541 2,648
Amortization of intangibles 41 33 96 119
Restructuring and severance 7 (70) 232 76
Litigation settlements and contingencies 2,338 2,875 10,430 6,812
Total costs and expenses 40,752 37,121 126,167 104,898
Operating income (loss) 554 222 (2,681) (2,069)
Adjustments to reconcile to Adjusted EBITDA:        
Amortization of intangibles 41 33 96 119
Depreciation 840 891 2,541 2,648
Restructuring and severance 7 (70) 232 76
Loss (gain) on disposal of assets 185 1 237 25
Non-cash compensation 1,786 1,412 4,823 4,278
Acquisition expense 40   114  
Discretionary cash bonus       920
Litigation settlements and contingencies 2,338 2,875 10,430 6,812
Adjusted EBITDA 5,791 5,364 15,792 12,809
Adjustments to reconcile to Income before taxes:        
Operating income (loss) 554 222 (2,681) (2,069)
Interest expense (1) (4) (1) (18)
Income (loss) before income taxes 553 218 (2,682) (2,087)
Lending
       
SEGMENT INFORMATION        
Revenue 37,644 34,716 113,621 94,170
Cost of revenue (exclusive of depreciation shown separately below) 1,990 1,545 5,308 4,095
Selling and marketing expense 24,707 23,089 77,278 62,371
General and administrative expense 1,129 711 3,622 2,563
Product development 1,419 990 4,516 3,166
Depreciation 432 357 1,195 1,076
Amortization of intangibles 0 0 0 0
Restructuring and severance 0 1 162 24
Litigation settlements and contingencies 0 0 0 0
Total costs and expenses 29,677 26,693 92,081 73,295
Operating income (loss) 7,967 8,023 21,540 20,875
Adjustments to reconcile to Adjusted EBITDA:        
Amortization of intangibles 0 0 0 0
Depreciation 432 357 1,195 1,076
Restructuring and severance 0 1 162 24
Loss (gain) on disposal of assets 0 0 0 0
Non-cash compensation 580 411 1,707 1,307
Acquisition expense 0   0  
Discretionary cash bonus       0
Litigation settlements and contingencies 0 0 0 0
Adjusted EBITDA 8,979 8,792 24,604 23,282
Adjustments to reconcile to Income before taxes:        
Operating income (loss) 7,967 8,023 21,540 20,875
Other
       
SEGMENT INFORMATION        
Revenue 3,662 2,627 9,865 8,037
Cost of revenue (exclusive of depreciation shown separately below) 120 168 362 505
Selling and marketing expense 2,461 1,743 6,303 6,097
General and administrative expense 900 604 2,297 1,534
Product development 239 227 900 748
Depreciation 329 426 1,063 1,269
Amortization of intangibles 41 33 96 119
Restructuring and severance (3) (77) 12 48
Litigation settlements and contingencies 0 0 0 0
Total costs and expenses 4,087 3,124 11,033 10,320
Operating income (loss) (425) (497) (1,168) (2,283)
Adjustments to reconcile to Adjusted EBITDA:        
Amortization of intangibles 41 33 96 119
Depreciation 329 426 1,063 1,269
Restructuring and severance (3) (77) 12 48
Loss (gain) on disposal of assets 185 0 220 0
Non-cash compensation 221 220 655 457
Acquisition expense 40   114  
Discretionary cash bonus       0
Litigation settlements and contingencies 0 0 0 0
Adjusted EBITDA 388 105 992 (390)
Adjustments to reconcile to Income before taxes:        
Operating income (loss) (425) (497) (1,168) (2,283)
Corporate
       
SEGMENT INFORMATION        
Revenue 0 0 0 622
Cost of revenue (exclusive of depreciation shown separately below) 0 20 0 439
Selling and marketing expense 0 0 0 5
General and administrative expense 4,561 4,295 12,282 13,720
Product development 0 0 0 0
Depreciation 79 108 283 303
Amortization of intangibles 0 0 0 0
Restructuring and severance 10 6 58 4
Litigation settlements and contingencies 2,338 2,875 10,430 6,812
Total costs and expenses 6,988 7,304 23,053 21,283
Operating income (loss) (6,988) (7,304) (23,053) (20,661)
Adjustments to reconcile to Adjusted EBITDA:        
Amortization of intangibles 0 0 0 0
Depreciation 79 108 283 303
Restructuring and severance 10 6 58 4
Loss (gain) on disposal of assets 0 1 17 25
Non-cash compensation 985 781 2,461 2,514
Acquisition expense 0   0  
Discretionary cash bonus       920
Litigation settlements and contingencies 2,338 2,875 10,430 6,812
Adjusted EBITDA (3,576) (3,533) (9,804) (10,083)
Adjustments to reconcile to Income before taxes:        
Operating income (loss) $ (6,988) $ (7,304) $ (23,053) $ (20,661)