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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Publishing $ 19,401 $ 27,572 $ 68,073 $ 87,208
Merchandising 14,153 13,233 41,776 41,355
Broadcasting 294 2,744 3,421 12,701
Total revenues 33,848 43,549 113,270 141,264
Production, distribution and editorial (16,579) (24,487) (56,332) (78,877)
Selling and promotion (10,401) (13,028) (32,348) (37,954)
General and administrative (10,097) (10,972) (31,456) (33,636)
Depreciation and amortization (847) (1,003) (2,940) (3,028)
Restructuring charges 0 (491) (675) [1] (1,268) [1]
Goodwill, Impairment Loss 0 (44,257) 0 (44,257) [1]
Gain on sale of subscriber list, net 0 0 2,724 0
OPERATING LOSS (4,076) (50,689) (7,757) (57,756)
Interest income, net 194 327 571 908
Other (expense) / income, net (76) (106) (486) 862
LOSS BEFORE INCOME TAXES (3,958) (50,468) (7,672) (55,986)
Income tax provision (337) (410) (1,076) (1,209)
NET LOSS $ (4,295) $ (50,878) $ (8,748) $ (57,195)
LOSS PER SHARE – BASIC AND DILUTED        
Net loss (in dollars per share) $ (0.06) $ (0.76) $ (0.13) $ (0.85)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic and diluted (in shares) 67,490,820 67,271,211 67,366,285 67,198,281
[1] As disclosed on the Company's consolidated statements of cash flows, total non-cash equity compensation expense was $1.4 million and $3.1 million for the nine months ended September 30, 2013 and 2012, respectively. Included in non-cash equity compensation expense for the nine months ended September 30, 2013 were net reversals of expense of approximately $0.03 million. The nine months ended September 30, 2012 include net expense of $(0.02) million, which was generated in connection with restructuring activities. Accordingly, these amounts are reflected as restructuring charges in the Company's consolidated statements of operations for the nine months ended September 30, 2013 and 2012, respectively.