Vistaprint 2015 Annual Report Download - page 100

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92
Debt
The required principal payments due during the next five years and thereafter under our outstanding long-
term debt obligations (excluding our short-term uncommitted credit facility) at June 30, 2015 are as follows:
2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 18,217
2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,995
2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,585
2019 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78,995
2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102,819
Thereafter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 276,925
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 518,536
Other Obligations
We have an outstanding installment obligation of $13,325 related to the fiscal 2012 intra-entity transfer of
the intellectual property of our subsidiary Webs, Inc., which results in tax being paid over a 7.5 year term and has
been classified as a deferred tax liability in our consolidated balance sheet as of June 30, 2015. Other obligations
also include the remaining fixed contingent consideration payment related to our fiscal 2014 acquisition of Printdeal
of $7,833 payable during the fourth quarter of fiscal 2016 and the deferred payment for our fiscal 2015 acquisition of
druck.at of $2,980.
Legal Proceedings
We are not currently party to any material legal proceedings. Although we cannot predict with certainty the
results of litigation and claims to which we may be subject from time to time, we do not expect the resolution of any
of our current matters to have a material adverse impact on our consolidated results of operations, cash flows or
financial position. In all cases, at each reporting period, we evaluate whether or not a potential loss amount or a
potential range of loss is probable and reasonably estimable under the provisions of the authoritative guidance that
addresses accounting for contingencies. We expense the costs relating to our legal proceedings as those costs are
incurred.
19. Quarterly Financial Data (unaudited)
Year Ended June 30, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter
Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 333,932 $ 439,905 $ 339,901 $ 380,468
Cost of revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130,221 156,620 125,540 156,218
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,417 62,862 7,925 (4,892)
Net income (loss) attributable to Cimpress N.V. . . . . . . . . . 23,694 63,609 8,611 (3,702)
Net income (loss) per share attributable to Cimpress N.V.:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.73 $ 1.96 $ 0.26 $ (0.11)
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.71 $ 1.89 $ 0.25 $ (0.11)
Year Ended June 30, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter
Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 275,089 $ 370,807 $ 286,185 $ 338,155
Cost of revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95,790 120,789 100,903 133,611
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 412 40,875 1,341 688
Net income attributable to Cimpress N.V. . . . . . . . . . . . . . . 412 40,875 1,375 1,034
Net income per share attributable to Cimpress N.V.:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.01 $ 1.24 $ 0.04 $ 0.03
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.01 $ 1.18 $ 0.04 $ 0.03