Classmates.com 2006 Annual Report Download - page 3

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UNITED ONLINE, INC.
INDEX TO FORM 10-K
For the Year Ended December 31, 2006
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 within the
meaning of the Private Securities Litigation Reform Act of 1995 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, tax payments 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
2
Page
PART I.
Item 1.
Business
4
Item 1A.
Risk Factors
12
Item 1B.
Unresolved Staff Comments
22
Item 2.
Properties
22
Item 3.
Legal Proceedings
22
Item 4.
Submission of Matters to a Vote of Security Holders
24
PART II.
Item 5.
Market for Registrant
’
s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities
25
Item 6.
Selected Financial Data
27
Item 7.
Management
’
s Discussion and Analysis of Financial Condition and Results of Operations
29
Item 7A.
Quantitative and Qualitative Disclosures About Market Risk
53
Item 8.
Financial Statements and Supplementary Data
54
Item 9.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
54
Item 9A.
Controls and Procedures
54
Item 9B.
Other Information
56
PART III.
Item 10.
Directors, Executive Officers and Corporate Governance
56
Item 11.
Executive Compensation
56
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters
56
Item 13.
Certain Relationships and Related Transactions, and Director Independence
56
Item 14.
Principal Accounting Fees and Services
56
PART IV.
Item 15.
Exhibits, Financial Statement Schedules
56
Signatures
59