Classmates.com 2008 Annual Report Download - page 126

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Table of Contents
UNITED ONLINE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
4. BALANCE SHEET COMPONENTS (Continued)
Accrued Liabilities
Accrued liabilities consisted of the following (in thousands):
5. GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS
Goodwill
The changes in goodwill by reportable segments for the years ended December 31, 2007 and 2008 were as follows (in thousands):
(a)
December 31,
2008
2007
Employee compensation and related expenses
$
23,683
$
25,902
Income taxes payable
1,690
767
Non
-
income taxes payable
4,930
1,886
Customer deposits
3,472
—
Other
9,373
2,031
Total
$
43,148
$
30,586
Communications
Classmates
Media
FTD
Total
Balance at January 1, 2007
$
7,489
$
125,529
$
—
$
133,018
Acquisition adjustments(a)
—
(
682
)
—
(
682
)
Foreign currency translation
—
16
—
16
Balance at December 31, 2007
7,489
124,863
—
132,352
FTD acquisition
—
—
477,520
477,520
Acquisition adjustments(a)
—
(
128
)
(4,721
)
(4,849
)
Impairment charge
—
—
(
114,000
)
(114,000
)
Foreign currency translation
—
(
9
)
(31,666
)
(31,675
)
Balance at December 31, 2008
$
7,489
$
124,726
$
327,133
$
459,348
Represents adjustments to purchase accounting within a year of the acquisition and/or adjustments to acquired deferred tax
assets.
F-31