Juno 2013 Annual Report Download - page 54

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Table of Contents

The decrease in consolidated technology and development expenses was due to a $0.5 million decrease in technology and development expenses
associated with our Content & Media segment, a $0.1 million decrease in technology and development expenses associated with our Communications
segment and an $0.8 million decrease in depreciation expense.

The increase in consolidated general and administrative expenses was primarily due to a $9.9 million increase in unallocated corporate expenses,
partially offset by a $2.5 million decrease in administrative expenses associated with our Content & Media segment and a $0.7 million decrease in
depreciation expense.

The increase in consolidated amortization of intangible assets was due to the acquisition of schoolFeed in June 2012, as compared to the full year
of amortization of schoolFeed intangible assets for the year ended December 31, 2013.

52

 
 

Technology and development $ 31,555 $ 32,944 $ (1,389) (4)%
Technology and development expenses as a percentage of total segment
technology and development expenses:
Content & Media 72.0% 72.2%
Communications 28.0% 27.8%

 
 

General and administrative $ 66,347 $ 59,760 $ 6,587 11%
General and administrative expenses as a percentage of total segment general
and administrative expenses:
Content & Media 63.6% 66.2%
Communications 36.4% 33.8%

 
 
 


Amortization of intangible assets $ 5,433 $ 4,950 $ 483 10%

 
 

Contingent consideration—fair value adjustment $ (5,124) $ (836) $ (4,288) *
*Not meaningful