Enom 2010 Annual Report Download - page 99

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Table of Contents
Demand Media, Inc. and Subsidiaries
Consolidated Statements of Operations
(In thousands, except per share amounts)
Year ended December 31,
2008 2009 2010
Revenue $ 170,250 $ 198,452 $ 252,936
Operating expenses
Service costs (exclusive of amortization of intangible assets shown separately below) 98,184 114,536 131,332
Sales and marketing 15,310 20,044 24,424
Product development 14,252 21,657 26,538
General and administrative 28,070 28,479 37,371
Amortization of intangible assets 33,204 32,152 33,750
Total operating expenses 189,020 216,868 253,415
Loss from operations (18,770) (18,416) (479)
Other income (expense)
Interest income 1,636 494 25
Interest expense (2,131) (1,759) (688)
Other income (expense), net (250) (19) (286)
Total other expense (745) (1,284) (949)
Loss before income taxes (19,515) (19,700) (1,428)
Income tax benefit (expense) 4,612 (2,771) (3,897)
Net loss (14,903) (22,471) (5,325)
Cumulative preferred stock dividends (28,209) (30,848) (33,251)
Net loss attributable to common stockholders $ (43,112)$ (53,319)$ (38,576)
Net loss per share:
Basic and diluted $ (5.27)$ (4.78)$ (2.86)
Weighted average number of shares 8,184 11,159 13,508
The accompanying notes are an integral part of these consolidated financial statements.
F-4