MoneyGram 2011 Annual Report Download - page 134

Table of Contents
(Amounts in thousands) 2011 2010
Assets:
Global Funds Transfer $1,247,355 $1,017,574
Financial Paper Products 3,683,393 3,797,911
Other 244,830 300,251
Total assets $5,175,578 $5,115,736
Geographic areas — International operations are located principally in Europe. International revenues are defined as revenues generated from money
transfer transactions originating in a country other than the United States. Long−lived assets are principally located in the United States. The table below
presents revenue by major geographic area for the year ended December 31:
(Amounts in thousands) 2011 2010 2009
United States $ 768,662 $ 762,276 $ 789,222
International 479,107 404,377 372,489
Total revenue $1,247,769 $1,166,653 $1,161,711
Note 17 — Quarterly Financial Data (Unaudited)
The summation of quarterly earnings per share may not equate to the calculation for the full year as quarterly calculations are performed on a discrete basis.
2011 Fiscal Quarters
(Amounts in thousands, except per share data) First (1) Second (1) Third (1) Fourth (1)
Revenue $294,024 $309,953 $321,947 $321,845
Total operating expenses 262,323 275,695 281,622 285,612
Operating income 31,701 34,258 40,325 36,233
Total other expenses, net 20,613 4,913 23,004 54,217
Income before income taxes $ 11,088 $ 29,345 $ 17,321 $(17,984)
Net income $ 14,045 $ 26,404 $ 15,834 $ 3,123
(Loss) Income per common share
Basic and diluted $ (0.26) $ (1.37) $ 0.03 $ 0.04
2010 Fiscal Quarters
(Amounts in thousands, except per share data) First Second (2) Third (2) Fourth (2)
Revenue $286,504 $283,897 $292,887 $303,365
Total operating expenses 251,442 247,119 254,413 255,281
Operating income 35,062 36,778 38,474 48,084
Total other expenses, net 22,015 27,717 24,689 25,597
Income (loss) before income taxes $ 13,047 $ 9,061 $ 13,785 $ 22,487
Net income (loss) $ 10,812 $ 6,848 $ 9,985 $ 16,156
Loss per common share
Basic and diluted $ (0.26) $ (0.31) $ (0.30) $ (0.23)
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