Earthlink 2009 Annual Report Download - page 83

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Table of Contents
EARTHLINK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following tables present the effect of the adoption of this new guidance on the Company's affected financial statement line items for the
years ended December 31, 2007 and 2008 and as of December 31, 2008:
79
Year Ended December 31, 2007
Year Ended December 31, 2008
As Originally
Reported As
Adjusted Effect of
Change As Originally
Reported As
Adjusted Effect of
Change
(in thousands, except per share data)
Statement of
Operations:
Interest income
(expense) and
other, net
$
12,824
$
2,824
$
(10,000
)
$
(1,381
)
$
(12,409
)
$
(11,028
)
Income (loss)
from
continuing
operations
(54,795
)
(64,795
)
(10,000
)
198,118
187,090
(11,028
)
Net income (loss)
(135,097
)
(145,097
)
(10,000
)
189,612
178,584
(11,028
)
Basic net income
(loss) per share
Continuing
operations
$
(0.45
)
$
(0.53
)
$
(0.08
)
$
1.81
$
1.71
$
(0.10
)
Basic net income
per share
(1.11
)
(1.19
)
(0.08
)
1.73
1.63
(0.10
)
Diluted net
income (loss)
per share
Continuing
operations
$
(0.45
)
$
(0.53
)
$
(0.08
)
$
1.78
$
1.68
$
(0.10
)
Diluted net
income per
share
(1.11
)
(1.19
)
(0.08
)
1.71
1.61
(0.10
)
As of December 31, 2008
As Originally
Reported As
Adjusted Effect of
Change
(in thousands)
Balance Sheet:
Other long
-
term assets
$
5,725
$
4,698
$
(1,027
)
Long
-
term debt
258,750
219,733
(39,017
)
Additional paid
-
in capital
2,075,571
2,135,887
60,316
Accumulated deficit
(994,507
)
(1,016,833
)
(22,326
)