Orbitz 2013 Annual Report Download - page 89

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ORBITZ WORLDWIDE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
89
Three Months Ended
December 31,
2012 (b) September 30,
2012 June 30,
2012 March 31,
2012
(in thousands, except per share data)
Net revenue $ 189,737 $ 198,303 $ 200,977 $ 189,779
Cost and expenses 495,388 173,393 186,105 185,835
Operating income/(loss) (305,651) 24,910 14,872 3,944
Net income/(loss) (314,629) 14,818 4,584 (6,511)
Basic net income/(loss) per share $(2.96) $0.14 $0.04 $(0.06)
Diluted net income/(loss) per share $(2.96) $0.14 $0.04 $(0.06)
(b) During the three months ended December 31, 2012, we recorded non-cash impairment charges related to goodwill
and intangible assets of $321.2 million (see Note 4 - Goodwill and Intangible Assets).