Enom 2013 Annual Report Download - page 80

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Demand Media, Inc. and Subsidiaries
Consolidated Statements of Operations
(In thousands, except per share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
F-4
Year ended December 31,
2013
2012
2011
Revenue
$
394,598
$
380,578
$
324,866
Operating expenses:
Service costs (exclusive of amortization of intangible
assets shown separately below)
204,763
181,018
155,830
Sales and marketing
46,445
46,501
37,394
Product development
44,187
40,708
38,146
General and administrative
73,277
63,025
59,451
Amortization of intangible assets
44,409
40,676
47,174
Total operating expenses
413,081
371,928
337,995
Income (loss) from operations
(18,483
)
8,650
(13,129
)
Interest income
21
42
56
Interest expense
(1,642
)
(622
)
(861
)
Other income (expense), net
(61
)
(111
)
(413
)
Gain on other assets, net
4,232
-
-
Income (loss) before income taxes
(15,933
)
7,959
(14,347
)
Income tax expense
(4,241
)
(1,783
)
(4,177
)
Net income (loss)
(20,174
)
6,176
(18,524
)
Cumulative preferred stock dividends
-
-
(2,477
)
Net income (loss) attributable to common stockholders
$
(20,174
)
$
6,176
$
(21,001
)
Net income (loss) per share
-
basic
$
(0.23
)
$
0.07
$
(0.27
)
Net income (loss) per share
-
diluted
$
(0.23
)
$
0.07
$
(0.27
)
Weighted average number of shares
-
basic
88,534
84,553
78,646
Weighted average number of shares
-
diluted
88,534
87,237
78,646