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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Publishing $ 24,190 $ 28,806 $ 48,672 $ 59,636
Merchandising 16,116 14,489 27,623 28,122
Broadcasting 1,892 4,589 3,127 9,957
Total revenues 42,198 47,884 79,422 97,715
Production, distribution and editorial (19,139) (25,585) (39,753) (54,390)
Selling and promotion (12,296) (12,543) (21,947) (24,926)
General and administrative (10,156) (10,846) (21,359) (22,664)
Depreciation and amortization (1,126) (1,018) (2,093) (2,025)
Restructuring charges (152) (777) (675) [1] (777) [1]
Gain on sale of subscriber list, net 35 0 2,724 0
OPERATING LOSS (636) (2,885) (3,681) (7,067)
Interest income, net 172 326 376 581
Other (expense) / income, net (340) 262 (410) 967
LOSS BEFORE INCOME TAXES (804) (2,297) (3,715) (5,519)
Income tax provision (376) (407) (738) (798)
NET LOSS $ (1,180) $ (2,704) $ (4,453) $ (6,317)
LOSS PER SHARE – BASIC AND DILUTED        
Net loss (in dollars per share) $ (0.02) $ (0.04) $ (0.07) $ (0.09)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic and diluted (in shares) 67,371,869 67,224,593 67,302,986 67,161,415
[1] As disclosed on the Company's consolidated statements of cash flows, total non-cash equity compensation expense was $0.9 million and $2.1 million in 2013 and 2012, respectively. Included in non-cash equity compensation expense in 2013 and 2012 were net reversals of expense of approximately $0.03 million and $0.02 million, respectively, which were generated in connection with restructuring activities. Accordingly, these amounts are reflected as restructuring charges in the Company's 2013 and 2012 consolidated statements of operations.