XML 28 R14.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Reclassifications To Unaudited Condensed Consolidated Statements Of Operations
6 Months Ended
Jun. 30, 2011
Reclassifications To Unaudited Condensed Consolidated Statements Of Operations  
Reclassifications To Unaudited Condensed Consolidated Statements Of Operations
9.   Reclassifications to Unaudited Condensed Consolidated Statements of Operations

In the three months ended June 30, 2011, the Company revised the presentation of its Consolidated Statements of Operations. The operating results of the Company's recently sold Mercantila e-commerce business have been presented as discontinued operations in the accompanying unaudited Condensed Consolidated Statements of Operations for all periods presented. The Company's management now considers InfoSpace to have a single reporting segment.

The amounts in the Consolidated Statements of Operations for the year ended December 31, 2010 and each of the three months ended March 31, June 30, September 30, and December 31, 2010 and March 31, 2011 have been reclassified as follows (in thousands):

 

     Three months ended     Year ended     Three months
ended
 
     March 31     June 30     September 30     December 31     December 31     March 31  
     2010     2010     2010     2010     2010     2011  

Revenues:

   $ 61,773      $ 52,363      $ 50,524      $ 49,683      $ 214,343      $ 51,650   

Cost of Sales:

     43,559        29,142        28,849        28,422        129,972        31,716   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Gross profit

     18,214        23,221        21,675        21,261        84,371        19,934   

Expenses and other income:

            

Engineering and technology

     1,906        2,540        2,197        1,828        8,471        1,664   

Sales and marketing

     6,482        7,314        7,305        7,044        28,145        6,967   

General and administrative

     6,755        6,751        9,213        10,124        32,843        5,160   

Depreciation

     820        814        804        700        3,138        662   

Other loss (income), net

     137        3,522        493        (19,399     (15,247     (75
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses and other income

     16,100        20,941        20,012        297        57,350        14,378   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Income from continuing operations before income taxes

     2,114        2,280        1,663        20,964        27,021        5,556   

Income tax expense

     (570     (850     (81     (7,224     (8,725     (1,789
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Income from continuing operations

     1,544        1,430        1,582        13,740        18,296        3,767   

Discontinued operations:

            

Loss from discontinued operations, net of taxes

     —          (760     (1,684     (2,149     (4,593     (1,632
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss)

     1,544        670        (102     11,591        13,703        2,135