Juno 2014 Annual Report Download - page 45
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Table of Contents
Consolidated statement of operations information was as follows (in thousands):
Information for our two reportable segments, which excludes depreciation and amortization of intangible assets, was as follows (in thousands):
44
Revenues $ 217,245 $ 233,614 $ 257,765
Operating expenses:
Cost of revenues 70,871 75,480 78,229
Sales and marketing 51,190 57,066 67,488
Technology and development 27,818 31,708 32,944
General and administrative 63,802 67,049 59,886
Amortization of intangible assets 5,625 5,433 4,950
Contingent consideration—fair value adjustment — (5,124) (836)
Restructuring and other exit costs 3,558 2,501 91
Impairment of goodwill, intangible assets and long-lived assets — 55,440 26,910
Total operating expenses 222,864 289,553 269,662
Operating loss (5,619) (55,939) (11,897)
Interest income 389 261 559
Interest expense — (12) —
Other income, net 506 215 258
Loss before income taxes (4,724) (55,475) (11,080)
Provision for income taxes 773 46,011 943
Loss from continuing operations (5,497) (101,486) (12,023)
Income from discontinued operations, net of tax 68 13,211 24,239
Net income (loss) $ (5,429) $ (88,275) $ 12,216
Revenues $ 103,165 $100,858 $105,442 $ 114,870 $ 133,847 $ 153,496
Operating expenses:
Cost of revenues 40,412 33,865 33,883 23,571 31,769 35,922
Sales and marketing 14,425 16,617 18,188 36,954 41,242 49,839
Technology and
development 8,259 7,419 7,532 14,655 19,058 19,552
General and administrative 10,496 10,576 10,718 24,990 18,326 21,128
Contingent consideration—
fair value adjustment — — — — (5,124) (836)
Restructuring and other exit
costs 379 — (8) 1,961 2,501 (14)
Impairment of goodwill,
intangible assets and
long-lived assets — — — — 55,440 26,910
Total operating expenses 73,971 68,477 70,313 102,131 163,212 152,501
Segment income (loss) from
operations $ 29,194 $ 32,381 $ 35,129 $ 12,739 $ (29,365) $ 995