NetSpend 2010 Annual Report Download - page 49
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Table of Contents
Consolidated Statements of Operations Data
45
Year Ended December 31,
2008 2009 2010
(in thousands of dollars)
Operating Revenues
$
183,170
$
225,000
$
275,387
Operating Expenses
Direct operating costs
80,216
106,572
130,783
Salaries, benefits, and other personnel costs
35,034
46,668
54,032
Advertising, marketing, and promotion costs
11,999
13,803
14,038
Other general and administrative costs
21,051
22,074
18,234
Depreciation and amortization
8,899
10,297
12,725
Goodwill and acquired intangible asset impairment
26,285
—
—
Settlement (gains) and other losses
—
(
10,229
)
4,300
Total operating expenses
183,484
189,185
234,112
Operating income (loss)
(314
)
35,815
41,275
Other Income (Expense)
Interest income
384
32
85
Interest expense
(4,408
)
(5,170
)
(3,526
)
Loss on extinguishment of debt
—
—
(
734
)
Total other expense
(4,024
)
(5,138
)
(4,175
)
Income (loss) before income taxes
(4,338
)
30,677
37,100
Provision for income taxes
7,307
12,503
13,352
Net income (loss)
$
(11,645
)
$
18,174
$
23,748