Redbox 2010 Annual Report Download - page 71

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Summary Financial Information
The disposition and operating results of our E-Pay Business as well as the results of operations of our Money
Transfer Business, are presented in discontinued operations in our Consolidated Statements of Net Income for all
periods presented. The disposition and operating results of our Entertainment Business are presented in
discontinued operations until the disposition date. The continuing cash flows from the E-Pay Business, the
Money Transfer Business and the Entertainment Business after disposition are expected to be insignificant. The
cash flows related to our discontinued operations have been separately disclosed in our Consolidated Statements
of Cash Flows.
The following table sets forth the components of discontinued operations included in the Consolidated
Statements of Net Income (in thousands):
Year Ended December 31,
2010 2009 2008
Revenue:
E-Pay Business ................................... $ 8,732 $ 24,511 $ 24,178
Money Transfer Business ........................... 95,289 87,656 87,424
Entertainment Business ............................ 0 90,586 150,219
$104,021 $202,753 $261,821
Pre-tax income (loss) from discontinued operations:
E-Pay Business ................................... $ (132) $ (1,178) $ 2,322
Money Transfer Business ........................... (11,435) (20,022) (15,295)
Entertainment Business ............................ 0 (6,956) (7,049)
$ (11,567) $ (28,156) $ (20,022)
Gain (loss) on disposal activities:
E-Pay Business ................................... $ 12,184 $ 0 $ 0
Money Transfer Business(1) ......................... (15,606) 0 0
Entertainment Business ............................ 0 (49,828) 0
$ (3,422) $ (49,828) $ 0
Loss from discontinued operations before income tax .... $(14,989) $ (77,984) $ (20,022)
Income tax benefit ................................ 103 91,561 2,844
Income (loss) from discontinued operations, net of income
tax benefit ..................................... $(14,886) $ 13,577 $ (17,178)
Amount of goodwill disposed of ..................... $ 9,039 $ 0 $ 0
Amount of intangible assets disposed of ............... $ 61 $ 4,410 $ 0
Cash generated from the sale of discontinued operations . . $ 26,617 $ 0 $ 0
(1) The loss of $15.6 million in 2010 represents the estimated loss upon disposal of our Money Transfer
Business.
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