Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Accounting Policies [Abstract]

Schedule of Intangible Assets Book Values by Major Class

Our identifiable intangible assets and their respective book values at December 31, 2012 are shown in the following table:

	Directory Services Agreements			Local Customer Relationships			National Customer Relationships			Trade Names and Trademarks			Technology, Advertising Commitments & Other			Total
Gross intangible assets carrying value	$	1,330,000		$	560,000		$	175,000		$	380,000		$	85,500		$	2,530,500
Accumulated amortization	(362,865		)	(170,746		)	(46,087		)	(84,508		)	(33,641		)	(697,847		)
Net intangible assets	$	967,135		$	389,254		$	128,913		$	295,492		$	51,859		$	1,832,653

Our identifiable intangible assets and their respective book values at December 31, 2011 are shown in the following table:

	Directory Services Agreements			Local Customer Relationships			National Customer Relationships			Trade Names and Trademarks			Technology, Advertising Commitments & Other			Total
Gross intangible assets carrying value	$	1,330,000		$	560,000		$	175,000		$	380,000		$	85,500		$	2,530,500
Accumulated amortization	(166,665		)	(98,312		)	(21,500		)	(43,352		)	(18,579		)	(348,408		)
Net intangible assets	$	1,163,335		$	461,688		$	153,500		$	336,648		$	66,921		$	2,182,092

Schedule of Estimated Weighted Average Useful Lives and Amortization Methodology

The weighted average useful lives and amortization methodology for each of our identifiable intangible assets at December 31, 2012 are shown in the following table:

Intangible Asset	Remaining Weighted Average Useful Lives	Amortization Methodology
Directory services agreements	9 years	Income forecast method (1)
Local customer relationships	8 years	Income forecast method (1)
National customer relationships	8 years	Income forecast method (1)
Trade names and trademarks	8 years	Straight-line method
Technology, advertising commitments and other	5 years	Income forecast method (1)

⁽¹⁾ These identifiable intangible assets are being amortized under the income forecast method, which assumes the value derived from these intangible assets is greater in the earlier years and steadily declines over time.

Schedule of Estimated Weighted Average Useful Lives

Therefore, the Company reduced the estimated useful lives of these intangible assets as shown in the following table:

Intangible Asset	Previous Weighted Average Useful Lives	Revised Weighted Average Useful Lives
Directory services agreements	25 years	10 years
Local customer relationships	13 years	9 years
National customer relationships	24 years	9 years
Tradenames and trademarks	13 years	9 years

Schedule of Goodwill

The change in the carrying amount of goodwill since it was established in fresh start accounting on February 1, 2010 (the “Fresh Start Reporting Date”) is as follows:

Balance at February 1, 2010			$	2,097,124
Goodwill impairment charges during 2010	(1,137,623	)
Reduction in goodwill during 2010	(158,427	)
Total adjustment to goodwill during 2010			(1,296,050		)
Goodwill impairment charge during the second quarter of 2011			(801,074		)
Balance at December 31, 2011			$	—

Schedule of Fixed Assets and Computer Software

Fixed assets and computer software of the Company at December 31, 2012 and 2011 consisted of the following:

	December 31,
	2012			2011
Computer software	$	200,587		$	181,488
Computer equipment	2,156			2,161
Machinery and equipment	32,645			31,646
Furniture and fixtures	11,607			13,930
Leasehold improvements	18,995			19,896
Land and buildings	1,775			1,775
Construction in Process – Computer software and equipment	7,114			9,541
Total cost	274,879			260,437
Less accumulated depreciation and amortization	(169,800		)	(108,892		)
Net fixed assets and computer software	$	105,079		$	151,545

Depreciation and Amortization

Depreciation and amortization expense on fixed assets and computer software of the Company for the years ended December 31, 2012 and 2011 and eleven months ended December 31, 2010 and the Predecessor Company for the one month ended January 31, 2010 was as follows:

	Successor Company						Predecessor Company
	Years Ended December 31,				Eleven Months Ended December 31, 2010		One Month Ended January 31, 2010
	2012		2011
Depreciation of fixed assets	$	16,188	$	17,073	$	15,486	$	1,416
Amortization of computer software	53,026		47,627		35,191		3,188
Total depreciation and amortization on fixed assets and computer software	$	69,214	$	64,700	$	50,677	$	4,604

Calculation of Basic and Diluted Earnings Per Share

The calculation of basic and diluted earnings (loss) per share (“EPS”) is presented below.

	Successor Company								Predecessor Company
	Years Ended December 31,					Eleven Months Ended December 31, 2010			One Month Ended January 31, 2010
	2012		2011
Basic EPS
Net income (loss)	$	62,401	$	(518,964	)	$	(923,592	)	$	6,920,009
Weighted average common shares outstanding	50,643		50,144			50,020			69,013
Basic EPS	$	1.23	$	(10.35	)	$	(18.46	)	$	100.27
Diluted EPS
Net income (loss)	$	62,401	$	(518,964	)	$	(923,592	)	$	6,920,009
Weighted average common shares outstanding	50,643		50,144			50,020			69,013
Dilutive effect of stock awards	10		—			—			39
Weighted average diluted shares outstanding	50,653		50,144			50,020			69,052
Diluted EPS	$	1.23	$	(10.35	)	$	(18.46	)	$	100.21

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2012 and 2011, respectively, and the level within the fair value hierarchy in which the fair value measurements were included.

	Fair Value Measurements Using Significant Other Observable Inputs (Level 2)
Derivatives:	December 31, 2012			December 31, 2011
Interest Rate Swap – Liabilities	$	(413	)	$	(2,694	)
Interest Rate Cap – Assets	$	—		$	5