Classmates.com 2008 Annual Report Download - page 151

Download and view the complete annual report

Please find page 151 of the 2008 Classmates.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 226

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226

Table of Contents
UNITED ONLINE, INC.
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
(in thousands)
(a)
Balance at
Beginning
of Period
Additions
Charged
(Credited) to
Expense
Charged
to Other
Accounts
Charges
Utilized
(Write-
offs)
Balance at
End
of Period
Allowance for doubtful accounts:
Year ended December 31, 2008
$
2,378
$
2,651
$
(126
)
$
(576
)
$
4,327
Year ended December 31, 2007
$
1,324
$
1,323
$
206
$
(475
)(b)
$
2,378
Year ended December 31, 2006
$
1,325
$
(298
)
$
300
(a)
$
(3
)(b)
$
1,324
Valuation allowance for deferred tax assets:
Year ended December 31, 2008
$
8,623
$
4,121
(c)
$
2,752
(f)
$
(5,775
)(d)
$
9,721
Year ended December 31, 2007
$
6,850
$
2,546
(e)
$
—
$
(
773
)(d)
$
8,623
Year ended December 31, 2006
$
4,670
$
3,464
(c)
$
—
$
(
1,284
)(d)
$
6,850
Includes allowance for doubtful accounts acquired in connection with the acquisition of MyPoints.
(b) Includes specific amounts written off that were considered to be uncollectible.
(c) Includes the increase in valuation allowance due to executive compensation that is limited under Section 162(m) of the Code and foreign
losses, the benefit of which is not currently recognizable due to uncertainty regarding realization, partially offset by the release of
valuation allowance for utilization of foreign losses.
(d) Includes the release of valuation allowance for executive compensation subject to Section 162(m) of the Code.
(e)
Includes the increase in valuation allowance due to executive compensation that is limited under Section 162(m) of the Code and foreign
losses, the benefit of which is not currently recognizable due to uncertainty regarding realization, partially offset by a $0.4 million
reduction for the release of valuation allowance related to net operating losses in connection with the acquisition of Classmates Online.
(f)
Includes primarily the increase in valuation allowance acquired in connection with the FTD acquisition.
F-56