Orbitz 2009 Annual Report Download - page 108

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The following equity awards are not included in the diluted loss per share calculation above because they
would have had an antidilutive effect:
Antidilutive equity awards
As of
December 31, 2008
As of
December 31, 2007
Stock options ............................................ 4,216,805 2,560,676
Restricted stock units ...................................... 2,724,356 2,296,351
Restricted stock........................................... 18,661 42,079
Performance-based restricted stock units ........................ 249,108 —
Total ................................................. 7,208,930 4,899,106
18. Related Party Transactions
Related Party Transactions with Travelport and its Subsidiaries
The following table summarizes the related party balances with Travelport and its subsidiaries as of
December 31, 2008 and December 31, 2007, reflected in our consolidated balance sheets. We net settle
amounts due to and from Travelport.
December 31, 2008 December 31, 2007
Successor
(in millions)
Due from Travelport, net ............................ $10 —
Due to Travelport, net............................... — $ 8
We also purchased assets of $1 million from Travelport and its subsidiaries during the year ended
December 31, 2008 which are included in property and equipment, net in our consolidated balance sheet at
December 31, 2008.
The following table summarizes the related party transactions with Travelport and its subsidiaries for the
years ended December 31, 2008 and December 31, 2007 and for the periods from August 23, 2006 to
December 31, 2006 and January 1, 2006 to August 22, 2006, reflected in our consolidated statements of
operations:
Year Ended
December 31, 2008
Successor
Year Ended
December 31,2007
Successor
Period from
August 23, 2006 to
December 31, 2006
Successor
Period from
January 1, 2006 to
August 22, 2006
Predecessor
(in millions)
Net revenue (a) ....... $149 $126 $29 $65
Cost of revenue ....... — — 1 —
Selling, general and
administrative
expense ........... 3 11 4 —
Interest expense ...... 3 48 4 —
(a) These amounts include net revenue related to our GDS services agreement and bookings sourced through
Donvand Limited and OctopusTravel Group Limited (doing business as Gulliver’s Travel Associates,
“GTA”) for the periods presented.
In connection with our IPO, we paid a dividend to Travelport in the amount of $109 million. Any future
determination to pay dividends would require the prior consent of Travelport, until such time as Travelport no
longer beneficially owns at least 33% of the votes entitled to be cast by our outstanding common shares.
108
ORBITZ WORLDWIDE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)