Juno 2014 Annual Report Download - page 31
Download and view the complete annual report
Please find page 31 of the 2014 Juno annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21 -
22 -
23 -
24 -
25 -
26 -
27 -
28 -
29 -
30 -
31 -
32 -
33 -
34 -
35 -
36 -
37 -
38 -
39 -
40 -
41 -
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
 |
 |
Table of Contents
repurchases under the Program during the year ended December 31, 2014 and, at December 31, 2014, the authorization remaining under the Program was
$80.0 million.
Shares withheld upon the vesting of restricted stock units and upon the issuance of stock awards to pay minimum statutory employee withholding taxes
are considered common stock repurchases, but are not counted as purchases against the Program. Upon vesting of most restricted stock units or issuance of
stock awards, we currently do not collect the minimum statutory withholding taxes from employees. Instead, we automatically withhold, from the restricted
stock units that vest and from the stock awards that are issued, the portion of those shares with a fair market value equal to the amount of the minimum
statutory employee withholding taxes due, which is accounted for as a repurchase of common stock. We then pay the minimum statutory employee
withholding taxes in cash.
Common stock repurchases during the quarter ended December 31, 2014 were as follows (in thousands, except per share amounts):
This performance graph shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of United Online, Inc. under
the Securities Act of 1933, as amended, or the Exchange Act.
The following graph compares, for the five-year period ended December 31, 2014, the cumulative total stockholder return for the Company's common
stock, The Nasdaq Composite Index (the "Nasdaq Composite") and the First Trust DJ Internet Index Fund ("FDN"). The Company elected to use the First Trust
DJ Internet Index Fund because the Morgan Stanley Internet Index Fund that the Company used in previous years was discontinued during the year ended
December 31, 2014. Measurement points are the last trading day of each of the Company's fiscal years ended December 31, 2009, 2010, 2011, 2012, 2013,
and 2014. The graph assumes that $100 was invested on December 31, 2009 in the common stock of United Online, Inc., the Nasdaq Composite and the FDN
and assumes reinvestment
30
October 1 –
October 31,
2014 — $ — — $ 80,000
November 1 –
November 30,
2014 32 $ 12.81 — $ 80,000
December 1 –
December 31,
2014 — $ — — $ 80,000