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Consolidated Interim Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Unaudited Interim Consolidated Financial Information

Consolidated financial information FY 2014 (Restated) and FY 2013 (Restated) is summarized as follows:

 

     First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter
 

FY 2014(1)

           

Licensing revenue

   $ 111,652       $ 96,071       $ 91,612       $ 94,822   

Other revenue

     3,971         16,038         18,680         7,151   

Operating income

     67,859         68,254         63,414         50,317   

Net income attributable to Iconix Brand Group, Inc.

     59,718         31,162         33,684         24,279   

Basic earnings per share

   $ 1.21         0.64         0.70         0.51   

Diluted earnings per share

     1.03         0.53         0.58         0.45   

FY 2013(2)

           

Licensing revenue

   $ 105,062       $ 105,356       $ 99,135       $ 88,265   

Other revenue

            9,769         8,040         14,999   

Operating income

     66,236         71,514         61,470         58,191   

Net income attributable to Iconix Brand Group, Inc.

     34,189         38,716         28,997         26,146   

Basic earnings per share

   $ 0.53       $ 0.69       $ 0.54       $ 0.51   

Diluted earnings per share

   $ 0.51       $ 0.66       $ 0.50       $ 0.44   

 

(1) FY 2014 (Restated): Other revenue includes a net gain of approximately $4.0 million related to the Iconix LC Partners U.S. transaction in the first quarter, a net gain of approximately $8.3 million and $18.7 million related to additional Iconix SE Asia transactions in the second and third quarter, respectively, a net gain of $7.8 million on the sale of the “sharperimage.com” domain name and certain categories under the Sharper Image trademark in the second quarter, and net gain of $7.2 million related to the Iconix Middle East transaction in the fourth quarter. See Note 3 for a description of these transactions. Included in net income attributable to Iconix Brand Group, Inc is a non-cash pre-tax re-measurement gain of approximately $37.9 million related to the purchase of the remaining interest in Iconix Latin America in the first quarter.
(2) FY 2013 (Restated): Other revenue includes a net gain of approximately $9.8 million related to the Iconix Canada transaction in the second quarter, a net gain of approximately $5.1 million related to the Iconix Australia transaction in the third quarter, and net gains of $2.7 million, $2.3 million, and $10.0 million related to the Iconix SE Asia, Iconix Israel and Umbro Korea transactions, respectively, in the fourth quarter. See Note 3 for a description of these transactions.