NetZero 2011 Annual Report Download - page 155
Download and view the complete annual report
Please find page 155 of the 2011 NetZero 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.-
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
 |
 |
Table of Contents
UNITED ONLINE, INC.
PARENT COMPANY STATEMENTS OF OPERATIONS
(in thousands)
The accompanying notes are an integral part of these financial statements.
F-47
Year Ended December 31,
2011 2010 2009
Revenues
$
—
$
—
$
—
Operating expenses:
General and administrative
—
—
22
Total operating expenses
—
—
22
Operating loss
—
—
(
22
)
Interest income
38
75
85
Intercompany interest income
4,813
4,813
4,813
Interest expense
—
(
931
)
(3,782
)
Other expense, net
—
—
(
10
)
Income before income taxes
4,851
3,957
1,084
Provision for income taxes
1,940
1,583
455
Income before income in equity investees
2,911
2,374
629
Income in equity investees
48,819
51,313
69,456
Net income
$
51,730
$
53,687
$
70,085