Classmates.com 2010 Annual Report Download - page 44

Table of Contents
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data should be read in conjunction with our consolidated financial statements and related
notes and Management's Discussion and Analysis of Financial Condition and Results of Operations included elsewhere in this Annual Report on
Form 10-K.
The following table presents the consolidated statements of operations data for the years ended December 31, 2010, 2009 and 2008, and the
consolidated balance sheet data at December 31, 2010 and 2009. Such financial data are derived from our audited consolidated financial
statements included elsewhere in this Annual Report on Form 10-K. The table also presents the consolidated statements of operations data for
the years ended December 31, 2007 and 2006 and the consolidated balance sheet data at December 31, 2008, 2007 and 2006 which are derived
from our audited consolidated financial statements that are not included in this Annual Report on Form 10-K except for net income (loss)
applicable to common stockholders and net income (loss) per common share information, which has been updated in connection with the
adoption of Accounting Standards Codification ("ASC") 260-10-45, Earnings Per Share-Other Presentation Matters .
The following amounts are in thousands, except per share data:
42
Year Ended December 31,
2010 2009 2008(2) 2007 2006(1)
Consolidated Statements of
Operations Data:
Revenues
$
920,553
$
990,132
$
669,403
$
513,503
$
522,654
Cost of revenues
$
429,651
$
417,359
$
214,887
$
117,203
$
119,990
Operating income (loss)
$
112,690
$
145,993
$
(62,679
)
$
92,301
$
74,019
Net income (loss)
$
53,687
$
70,085
$
(94,657
)
$
57,777
$
42,272
Net income (loss) applicable to
common stockholders
$
50,454
$
65,438
$
(97,722
)
$
54,698
$
40,110
Net income (loss) per common
share
—
basic
$
0.58
$
0.78
$
(1.33
)
$
0.82
$
0.63
Net income (loss) per common
share
—
diluted
$
0.58
$
0.78
$
(1.33
)
$
0.81
$
0.61
December 31,
2010
2009
2008
2007
2006
Consolidated Balance Sheet
Data:
Total assets
$
992,158
$
1,049,934
$
1,073,527
$
552,393
$
503,019
Non
-
current liabilities
$
325,565
$
375,844
$
481,428
$
20,486
$
10,983
Cash dividends declared and
paid per common share
$
0.40
$
0.40
$
0.70
$
0.80
$
0.80
(1) In April 2006, we acquired MyPoints. The results of MyPoints are included in our consolidated statements of operations
from the date of acquisition. Additionally, in the December 2006 quarter, we recorded a $13.3 million ($8.0 million, net of
tax) impairment of goodwill, intangible assets and long-lived assets related to our Communications segment.
(2) In August 2008, we acquired FTD. The results of FTD are included in our consolidated statements of operations from the
date of acquisition. For additional information regarding our acquisitions, see Note 12—"Acquisitions" of the Notes to the
Consolidated Financial Statements, which appears in Part II, Item 8 of this Annual Report on Form 10-K. During the
quarter ended December 31, 2008, we recorded an impairment of goodwill, intangible assets and long-lived assets of
$176.2 million ($153.9 million, net of tax) primarily related to our FTD segment.