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UNITED ONLINE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
14. QUARTERLY FINANCIAL DATA (UNAUDITED) (in thousands, except per share data)
F-47
Quarter Ended
December 31,
September 30,
June 30,
March 31,
Year ended December 31, 2007:
Revenues
$
125,410
$
126,825
$
131,417
$
129,851
Restructuring charges
$
2,991
$
34
$
394
$
—
Operating income
$
22,181
$
23,263
$
24,733
$
22,124
Net income
$
14,572
$
13,969
$
16,208
$
13,028
Basic net income per share
$
0.22
$
0.21
$
0.24
$
0.20
Diluted net income per share
$
0.21
$
0.20
$
0.23
$
0.19
Quarter Ended
December 31,
September 30,
June 30,
March 31,
Year ended December 31, 2006:
Revenues
$
130,786
$
129,636
$
134,900
$
127,332
Impairment of goodwill, intangible assets and long-lived
assets
$
13,285
$
—
$
—
$
—
Operating income
$
9,304
$
21,885
$
22,258
$
20,572
Income before cumulative effect of accounting change, net
of tax
$
4,559
$
13,436
$
11,585
$
11,651
Cumulative effect of accounting change, net of tax
$
—
$
—
$
—
$
1,041
Net income
$
4,559
$
13,436
$
11,585
$
12,692
Basic net income per share:
Income before cumulative effect of accounting change,
net of tax
$
0.07
$
0.21
$
0.18
$
0.19
Cumulative effect of accounting change, net of tax
$
—
$
—
$
—
$
0.01
Basic net income per share
$
0.07
$
0.21
$
0.18
$
0.20
Diluted net income per share:
Income before cumulative effect of accounting change,
net of tax
$
0.07
$
0.20
$
0.18
$
0.18
Cumulative effect of accounting change, net of tax
$
—
$
—
$
—
$
0.02
Diluted net income per share
$
0.07
$
0.20
$
0.18
$
0.20