XML 13 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
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
Revenues:        
Television $ 51,902 $ 60,102 $ 164,859 $ 183,534
Online 38,228 33,716 113,564 99,469
Total revenues 90,130 93,818 278,423 283,003
Cost of revenues (excluding depreciation and amortization):        
Television 20,387 22,061 61,737 65,065
Online 13,262 12,636 39,370 37,993
Total cost of revenues 33,649 34,697 101,107 103,058
Operating expenses:        
Sales and marketing 15,831 16,476 51,900 46,727
Research and development 4,305 5,501 14,564 18,599
General and administrative 11,252 13,959 32,710 40,824
Acquisition, integration and other 3,677 1,379 7,364 5,556
Depreciation and amortization 13,626 14,542 42,361 41,403
Goodwill impairment   208,166   208,166
Total operating expenses 48,691 260,023 148,899 361,275
Income (loss) from operations 7,790 (200,902) 28,417 (181,330)
Other expense:        
Interest expense 8,446 7,835 25,842 23,766
Interest and other, net 518 346 441 700
Income (loss) before income taxes (1,174) (209,083) 2,134 (205,796)
Provision (benefit) for income taxes (308) 10,644 1,530 12,134
Income (loss) from continuing operations (866) (219,727) 604 (217,930)
Discontinued operations:        
Loss from discontinued operations       (1,080)
Net income (loss) $ (866) $ (219,727) $ 604 $ (219,010)
Basic income (loss) per common share:        
Continuing operations (in dollars per share) $ (0.03) $ (7.96) $ 0.02 $ (7.95)
Discontinued operations (in dollars per share)       $ (0.04)
Total (in dollars per share) $ (0.03) $ (7.96) $ 0.02 $ (7.99)
Diluted income (loss) per common share:        
Continuing operations (in dollars per share) $ (0.03) $ (7.96) $ 0.02 $ (7.95)
Discontinued operations (in dollars per share)       $ (0.04)
Total (in dollars per share) $ (0.03) $ (7.96) $ 0.02 $ (7.99)
Weighted average common shares outstanding:        
Basic (in shares) 27,941 27,600 27,791 27,423
Diluted (in shares) 27,941 27,600 28,302 27,423