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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue:        
Investment gains/(losses), net $ 92 $ 163 $ (338) $ 156
Fees and other 163 222 495 710
Total revenue 255 385 157 866
Expenses:        
Compensation and benefits 2,876 2,968 7,516 9,149
Professional fees 3,923 3,196 9,521 8,543
Communications and data processing 280 480 974 1,525
Occupancy, depreciation and amortization 344 481 1,109 1,255
Other 4,176 928 5,376 2,485
Total expenses 11,599 8,053 24,496 22,957
Loss from continuing operations before income taxes and discontinued operations (11,344) (7,668) (24,339) (22,091)
Income tax expense/(benefit) 74 (2,223) 228 22,747
Loss from continuing operations (11,418) (5,445) (24,567) (44,838)
(Loss)/income from discontinued operations, net of taxes (Refer to Note 21) (5,728) 2,677 (72,044) (21,587)
Net loss $ (17,146) $ (2,768) $ (96,611) $ (66,425)
Basic (loss)/income per share        
Continuing operations (in dollars per share) $ (1.85) $ (0.92) $ (4.03) $ (7.54)
Discontinued operations (in dollars per share) $ (0.92) $ 0.45 $ (11.81) $ (3.63)
Net loss per share (in dollars per share) $ (2.77) $ (0.47) $ (15.84) $ (11.17)
Diluted (loss)/income per share        
Continuing operations (in dollars per share) $ (1.85) $ (0.92) $ (4.03) $ (7.54)
Discontinued operations (in dollars per share) $ (0.92) $ 0.45 $ (11.81) $ (3.63)
Net loss per share (in dollars per share) $ (2.77) $ (0.47) $ (15.84) $ (11.17)
Weighted average shares of common stock:        
Basic (in shares) 6,187 5,935 6,098 5,948
Diluted (in shares) 6,187 5,935 6,098 5,948