XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Nov. 30, 2011
Nov. 30, 2010
Nov. 30, 2011
Nov. 30, 2010
Revenue:        
Exhibition revenue $ 5,582 $ 8,870 $ 21,592 $ 31,744
Merchandise and other 644 1,352 2,574 3,249
Total revenue 6,226 10,222 24,166 34,993
Cost of revenue:        
Exhibition costs 3,689 10,299 11,931 24,895
Cost of merchandise sold 269 370 903 870
Total cost of revenue (exclusive of depreciation and amortization shown separately below) 3,958 10,669 12,834 25,765
Gross profit (loss) 2,268 (447) 11,332 9,228
Operating expenses:        
General and administrative 3,516 4,627 10,333 13,521
Depreciation and amortization 928 1,200 2,938 3,716
Impairment of intangibles and fixed assets     358  
Litigation settlement     783  
Total operating expenses 4,444 5,827 14,412 17,237
Loss from operations (2,176) (6,274) (3,080) (8,009)
Other (expense) income (12) 12 2 30
Loss before income taxes (2,188) (6,262) (3,078) (7,979)
Provision for income taxes   529 (39) 488
Net loss (2,188) (5,733) (3,117) (7,491)
Less: Net loss attributable to non-controlling interest   56 239 146
Net loss attributable to the shareholders of Premier $ (2,188) $ (5,677) $ (2,878) $ (7,345)
Net loss per share:        
Basic loss per common share $ (0.05) $ (0.12) $ (0.06) $ (0.16)
Diluted loss per common share $ (0.05) $ (0.12) $ (0.06) $ (0.16)
Shares used in basic per share calculations 47,427,251 46,913,601 47,362,196 46,873,879
Shares used in diluted per share calculations 47,427,251 46,913,601 47,362,196 46,873,879