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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues $ 2,434,124 $ 2,259,271 $ 1,687,447
Cost of revenues 1,691,146 1,561,032 1,149,991
Gross profit 742,978 698,239 537,456
Sales and marketing 185,797 171,676 152,405
Product development 162,529 140,229 122,314
General and administrative 137,512 133,086 119,137
Amortization of intangible assets 63,394 69,051 98,573
Restructuring expense 68,082 0 0
Goodwill impairment 584,847 0 0
Total operating expenses 1,202,161 514,042 492,429
Operating income (loss) (459,183) 184,197 45,027
Interest income 862 592 1,186
Interest expense (36,794) (54,904) (70,311)
Loss on extinguishement of debt, net 0 0 (12,800)
Other income (expense), net (10,612) (9,141) (9,176)
Total other income (expense) (46,544) (63,453) (91,101)
Income (loss) before income taxes (505,727) 120,744 (46,074)
Income tax (provision) benefit (4,430) (15,974) 43,825
Net income (loss) $ (510,157) $ 104,770 $ (2,249)
Earnings (loss) per common share - Basic $ (12.56) $ 2.60 $ (0.06)
Earnings (loss) per common share - Diluted $ (12.56) $ 2.56 $ (0.06)
Weighted average common shares outstanding - Basic 40,612 40,337 38,539
Weighted average common shares outstanding - Diluted 40,612 40,947 38,539