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Industry Segments
 12 Months Ended
Dec. 31, 2014
Disclosure Industry Segments Segment Information [Abstract]  
Industry Segments
INDUSTRY SEGMENTS
The Company is a globally recognized lifestyle company committed to providing consumers with inspiring content and well-designed, high quality products. The Company’s business segments are currently Publishing, Merchandising and Broadcasting.
The Publishing segment primarily consists of the Company’s operations related to its magazines and books, as well as its digital operations which includes the content-driven website, marthastewart.com. The Merchandising segment primarily consists of the Company’s operations related to the design and branding of merchandise and related collateral and packaging materials that are distributed by its retail and manufacturing partners in exchange for royalty income and, in certain agreements, design fees. The Merchandising segment also includes the licensing of talent services for television programming produced by or on behalf of third parties. During 2014, the Broadcasting segment consisted of the Company's limited television operations and its satellite radio operations. See Note 1, The Company, for a discussion of the Company's restructuring activities in the Publishing and Broadcasting segments.
The accounting policies for the Company’s business segments are the same as those described in Note 2, Summary of Significant Accounting Policies.
Segment information for 2014, 2013, and 2012 is as follows: 
(in thousands)
Publishing
 
Merchandising
 
Broadcasting
 
Corporate
 
Consolidated
2014
 
 
 
 
 
 
 
 
 
Revenues
$
82,139

 
$
57,371

 
$
2,406

 
$
—

 
$
141,916

Non-cash equity compensation *
(153
)
 
(103
)
 
(1
)
 
(1,884
)
 
(2,141
)
Depreciation and amortization
(469
)
 
(51
)
 
(4
)
 
(3,830
)
 
(4,354
)
Restructuring charges *
(2,702
)
 
(464
)
 
—

 
(471
)
 
(3,637
)
Impairment of trademark and goodwill
—

 
(11,350
)
 
—

 
—

 
(11,350
)
Operating (loss) / income
(7,583
)
 
30,419

 
127

 
(30,795
)
 
(7,832
)
Total assets
17,476

 
47,291

 
1,239

 
55,473

 
121,479

Capital expenditures
143

 
19

 
2

 
354

 
518

2013
 
 
 
 
 
 
 
 
 
Revenues
$
96,493

 
$
59,992

 
$
4,190

 
$
—

 
$
160,675

Non-cash equity compensation *
(376
)
 
(237
)
 
(8
)
 
(1,287
)
 
(1,908
)
Depreciation and amortization
(944
)
 
(50
)
 
(27
)
 
(2,737
)
 
(3,758
)
Restructuring charges *
(2,004
)
 
(583
)
 
—

 
(852
)
 
(3,439
)
Gain on sale of subscriber list, net
2,724

 
—

 
—

 
—

 
2,724

Operating (loss) / income
(14,781
)
 
40,512

 
2,155

 
(29,783
)
 
(1,897
)
Total assets
25,245

 
64,876

 
1,290

 
56,956

 
148,367

Capital expenditures
187

 
5

 
—

 
898

 
1,090

2012
 
 
 
 
 
 
 
 
 
Revenues
$
122,540

 
$
57,574

 
$
17,513

 
$
—

 
$
197,627

Non-cash equity compensation *
(587
)
 
(455
)
 
(50
)
 
(2,715
)
 
(3,807
)
Depreciation and amortization
(742
)
 
(52
)
 
(388
)
 
(2,825
)
 
(4,007
)
Restructuring charges *
(1,971
)
 
(81
)
 
(816
)
 
(1,943
)
 
(4,811
)
Goodwill impairment
(44,257
)
 
—

 
—

 
—

 
(44,257
)
Operating (loss) / income
(62,029
)
 
39,477

 
2,354

 
(36,198
)
 
(56,396
)
Total assets
31,232

 
87,213

 
19,619

 
16,196

 
154,260

Capital expenditures
236

 
105

 
41

 
932

 
1,314


* As disclosed on the Company's consolidated statements of cash flows, total non-cash equity compensation expense was $2.1 million, $2.0 million and $3.9 million in 2014, 2013 and 2012, respectively. Included in non-cash equity compensation expense were net charges to expense of approximately $0.1 million for 2013 and 2012, and reversals of expense in 2014 of approximately $0.03 million, which were generated in connection with restructuring activities. Accordingly, these amounts are reflected as restructuring charges in the Company's 2014, 2013 and 2012 consolidated statements of operations. See Note 17, Restructuring Charges for further information.