Redbox 2011 Annual Report Download - page 70

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Summary Financial Information
The disposition and operating results of the Money Transfer Business, the E-Pay Business and the Entertainment
Business are presented in discontinued operations in our Consolidated Statements of Net Income for all periods
presented. The continuing cash flows from the Money Transfer Business, the E-Pay Business and the
Entertainment Business after disposition were insignificant.
The following table sets forth the components of discontinued operations included in our Consolidated
Statements of Net Income:
Dollars in thousands Year Ended December 31,
2011 2010 2009
Revenue:
Money Transfer Business ...................................... $47,716 $ 95,289 $ 87,656
E-Pay Business .............................................. — 8,732 24,511
Entertainment Business ........................................ — — 90,586
Total revenue ........................................... $47,716 $104,021 $202,753
Pre-tax gain (loss) from discontinued operations:
Money Transfer Business ...................................... $ 654 $(11,435) $ (20,022)
E-Pay Business .............................................. — (132) (1,178)
Entertainment Business ........................................ — — (6,956)
Total pre-tax gain (loss) from discontinued operations ........... $ 654 $(11,567) $ (28,156)
Gain (loss) on disposal activities:
Money Transfer Business ...................................... $(11,070) $ (15,606) $ —
E-Pay Business .............................................. — 12,184 —
Entertainment Business ........................................ — — (49,828)
Total loss on disposal activities ............................. $(11,070) $ (3,422) $ (49,828)
Loss from discontinued operations before income tax .................... $(10,416) $ (14,989) $ (77,984)
Income tax (expense) benefit ....................................... (652) 103 91,561
Income (loss) from discontinued operations, net of tax ................... $(11,068) $ (14,886) $ 13,577
Amount of goodwill and other intangible assets disposed ................. $ 8,037 $ 9,100 $ 4,410
Cash generated from the sale of discontinued operations .................. $ 8,220 $ 26,617 $ —
Included in income tax expense from discontinued operations in 2011 was $4.1 million related to the estimated
current value of a worthless stock deduction taken in 2009 in connection with our divestiture of the
Entertainment Business, which was sold in the third quarter of 2009.
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