Classmates.com 2004 Annual Report Download - page 4

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UNITED ONLINE, INC.
INDEX TO FORM 10-K
For the Year Ended December 31, 2004
In this document, "United Online," the "Company," "we," "us" and "our" refer to United Online, Inc. and its wholly-owned subsidiaries.
This Annual Report on Form 10-K and the documents incorporated herein by reference contain forward-looking statements based on our
current expectations, estimates and projections about our operations, industry, financial condition and liquidity. Statements containing words
such as "anticipate," "expect," "intend," "plan," "believe," "may," "will" or similar expressions constitute forward-looking statements. These
forward
-looking statements include, but are not limited to, statements about the markets in which we compete, our pay accounts and
subscriptions, our product and service offerings, the advertising market, operating expenses, operating efficiencies, revenues, capital
requirements and our cash position. In addition, any statements that refer to expectations, projections or other characterizations of future events
or circumstances, including any underlying assumptions, are forward-looking statements. Such statements are not guarantees of future
performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ
materially and adversely from those expressed in any forward-looking statements as a result of various factors. The section entitled "Risk
Factors" in this Annual Report on Form 10
-K and our other filings with the SEC set forth some of the important risk factors that may affect our
business, financial position, results of operations and cash flows. Statements indicating factors that we believe may impact our results are not
intended to be exclusive. We undertake no obligation to revise or update publicly any forward-
looking statements, other than as required by law.
2
Page
PART I.
Item 1.
Business
3
Item 2.
Properties
15
Item 3.
Legal Proceedings
16
Item 4.
Submission of Matters to a Vote of Security Holders
17
PART II.
Item 5.
Market for Registrant's Common Equity and Related Stockholder Matters
18
Item 6.
Selected Financial Data
19
Item 7.
Management's Discussion and Analysis of Financial Condition and Results of Operations
20
Item 7A.
Quantitative and Qualitative Disclosures About Market Risk
58
Item 8.
Financial Statements and Supplementary Data
59
Item 9.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
59
Item 9A.
Controls and Procedures
59
Item 9B.
Other Information
60
PART III.
Item 10.
Directors and Executive Officers of the Registrant
60
Item 11.
Executive Compensation
60
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
60
Item 13.
Certain Relationships and Related Party Transactions
60
Item 14.
Principal Accounting Fees and Services
60
PART IV.
Item 15.
Exhibits, Financial Statement Schedules
60
Signatures
63