Juno 2013 Annual Report Download - page 64

Table of Contents

Contingent consideration—fair value adjustment was comprised of a $1.8 million reduction in fair value of the schoolFeed contingent
consideration, partially offset by $1.0 million of interest expense related to such contingent consideration.
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Consolidated restructuring and other exit costs for the year ended December 31, 2012 primarily consisted of employee termination costs.
Consolidated restructuring and other exit costs for the year ended December 31, 2011 primarily consisted of employee termination costs and, to a lesser
extent, contract termination costs and facility closure costs.

A goodwill and intangible asset impairment charge totaling $26.9 million was recorded in the quarter ended December 31, 2012 due to a material
reduction in the fair value of the MyPoints reporting unit. See "Critical Accounting Policies, Estimates and Assumptions—Impairment of Goodwill" for
additional information.
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The increase in consolidated interest income was primarily due to higher average cash balances and interest rates at our India subsidiary.
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  
    
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
 
Contingent consideration—fair value adjustment $ (836) $ — $ (836) N/A
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  
    
   
Restructuring and other exit costs $ 91 $ 4,802 $ (4,711) (98)%
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  
    
   
Impairment of goodwill, intangible assets and long-lived assets $ 26,910 $ — $ 26,910 N/A
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  
    
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 
Interest income $ 559 $ 284 $ 275 97%