Rosetta Stone 2012 Annual Report Download - page 115
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Table of Contents
Summarized quarterly supplemental consolidated financial information for 2012 and 2011 are as follows (in thousands, except per share amounts):
On February 21, 2013, the Company's board of directors approved the 2013 Rosetta Stone Inc. Long Term Incentive Program ("2013 LTIP"), a
new long-term incentive program. The 2013 LTIP, which will be administered under the Rosetta Stone Inc. 2009 Omnibus Incentive Plan (the "Plan")
and the shares awarded under the 2013 LTIP will be taken from the shares reserved under the Plan. The purpose of the 2013 LTIP is to: motivate senior
management to achieve key financial and strategic business objectives of the Company; offer eligible employees of the Company a competitive total
compensation package; reward employees in the success of the Company; provide ownership in the Company; and retain key talent. The 2013 LTIP is
effective from January 1, 2013 until December 31, 2014.
Executives designated by the board of directors will be eligible to receive performance stock awards and cash upon the Company's achievement of
specified performance goals between January 1, 2013 and December 31, 2014. In order for the granting of any performance stock award or any cash
payment to be made under the 2013 LTIP, the Company must meet the minimum threshold requirements for each performance goal for the 2014 fiscal
year in addition to the 2013 fiscal year results and/or the total results for each performance goal. Each performance goal is mutually exclusive.
F-38
Revenue $ 69,449 $ 60,812 $ 64,279 $ 78,701
Gross profit $ 55,975 $ 49,492 $ 53,094 $ 65,770
Net income (loss) $ (1,903) $ (4,544) $ (33,390) $ 4,006
Basic loss per share $ (0.09) $ (0.22) $ (1.58) $ 0.19
Shares used in basic per share computation 20,942 20,995 21,073 21,166
Diluted loss per share $ (0.09) $ (0.22) $ (1.58) $ 0.18
Shares used in diluted per share computation 20,942 20,995 21,073 21,828
Revenue $ 56,978 $ 66,743 $ 64,202 $ 80,527
Gross profit $ 45,516 $ 55,223 $ 52,893 $ 65,702
Net income (loss) $ (9,281) $ (4,550) $ (1,177) $ (4,979)
Basic income per share $ (0.45) $ (0.22) $ (0.06) $ (0.24)
Shares used in basic per share computation 20,675 20,716 20,780 20,920
Diluted income per share $ (0.45) $ (0.22) $ (0.06) $ (0.24)
Shares used in diluted per share computation 20,675 20,716 20,780 20,920