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Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited)
Quarterly Information (Unaudited)
 
Three Months Ended March 31, 2012
 
Three Months Ended June 30, 2012
 
Three Months Ended September 30, 2012
 
Three Months Ended December 31, 2012
Net revenues
$
344,428

 
$
334,483

 
$
319,751

 
$
301,347

Operating income
44,726

 
34,746

 
27,318

 
18,939

Gain on debt repurchases, net (1)
68,763

 
70,792

 

 

(Provision) benefit for income taxes
1,167

 
(4,707
)
 
6,641

 
(10,025
)
Net income (loss)
$
57,572

 
$
52,940

 
$
(12,665
)
 
$
(35,446
)
Basic earnings (loss) per share
$
1.15

 
$
1.05

 
$
(0.25
)
 
$
(0.70
)
Diluted earnings (loss) per share
$
1.15

 
$
1.05

 
$
(0.25
)
 
$
(0.70
)
 
Three Months Ended March 31, 2011
 
Three Months Ended June 30, 2011
 
Three Months Ended September 30, 2011
 
Three Months Ended December 31, 2011
Net revenues
$
391,235

 
$
377,266

 
$
360,095

 
$
352,027

Impairment charges (2)    

 
801,074

 

 

Operating income (loss)
119,938

 
(707,762
)
 
78,218

 
79,239

Gain on sale of assets, net (3)    
13,437

 

 

 

(Provision) benefit for income taxes
(20,245
)
 
163,714

 
(719
)
 
(17,992
)
Net income (loss)
$
55,410

 
$
(602,107
)
 
$
22,184

 
$
5,549

Basic earnings (loss) per share
$
1.11

 
$
(12.01
)
 
$
0.44

 
$
0.11

Diluted earnings (loss) per share
$
1.11

 
$
(12.01
)
 
$
0.44

 
$
0.11


(1) 
During the three months ended March 31, 2012 we recognized a gain on the Credit Facility Repurchases of $68.8 million. During the three months ended June 30, 2012, we recognized a gain on the Note Repurchases of $70.8 million. See Note 1, “Business and Basis of Presentation - Significant Financing Developments” for further discussion.
(2) 
We recognized a goodwill impairment charge of $801.1 million during the three months ended June 30, 2011. See Note 2, “Summary of Significant Accounting Policies – Identifiable Intangible Assets and Goodwill” for further discussion.
(3) 
During the three months ended March 31, 2011, we recognized a gain on the sale of substantially all net assets of Business.com of $13.4 million. See Note 13, “Other Information” for further discussion.