Redbox 2009 Annual Report Download - page 99

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COINSTAR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
YEARS ENDED DECEMBER 31, 2009, 2008, AND 2007
in the amount of $1.0 million as well as the translation of goodwill due to the fluctuation of foreign exchange in
the amount of $0.5 million. The carrying amount of goodwill for the other three segments remains unchanged
from 2008.
The impairment charge of $7.4 million was the result of several factors, including but not limited to a
challenging economic environment and related increases in operating losses. As the estimated fair value of our
Money Transfer services derived from the market price was below its carrying amount, it indicated a potential
impairment of goodwill. We performed further analysis, which revealed the carrying amount of goodwill was
exceeding its implied goodwill by $7.4 million, resulting in an impairment charge in the fourth quarter of 2009.
The following tables represent information by geographic area. North America includes the United States,
Canada, Mexico and Puerto Rico and International primarily includes the United Kingdom, Ireland and other
European countries in which our money transfer subsidiary, Coinstar Money Transfer, operates.
Year Ended December 31,
2009 2008 2007
(in thousands)
Revenue:
North America ............................................. $1,071,686 $693,934 $250,550
International .............................................. 73,105 67,747 56,835
Total Revenue ......................................... $1,144,791 $761,681 $307,385
Net Income (loss) attributable to Coinstar, Inc.:
North America ............................................. $ 61,080 $ 25,222 $ (13,059)
International .............................................. (7,437) (11,110) (9,194)
Total Net Income (loss) attributable to Coinstar, Inc ........... $ 53,643 $ 14,112 $ (22,253)
December 31,
2009
December 31,
2008
December 31,
2007
(in thousands)
Total assets:
North America ......................................... $1,177,337 $1,025,362 $726,098
International .......................................... 120,890 138,868 129,092
Intercompany eliminations ............................... (75,428) (97,516) (86,617)
Total assets ....................................... $1,222,799 $1,066,714 $768,573
The table above includes assets associated with the Entertainment Business within the North America line of
$67.1 million and $89.0 million as of December 31, 2008 and December 31, 2007, respectively. Entertainment
assets are not included as of December 31, 2009 as the Entertainment Business was sold on September 8, 2009.
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