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DIGITAL RIVER INC (DRIV)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-14Jun-30-14Mar-31-14Dec-31-13Sep-30-13Jun-30-13Mar-31-13Dec-31-12
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenue  375.3373.7376.5389.7386.6386.4387.0378.4
            Revenue growth  -2.9%-3.3%-2.7%3.0%-1.5%-3.6%-3.8%-5.0%
Costs and expenses (exclusive of depreciation and amortization expense shown separately below):          
Direct cost of services  71.569.469.773.574.273.572.669.0
Network and infrastructure  56.757.658.059.058.356.855.453.1
Sales and marketing  100.1100.1101.8107.0103.6101.4102.6101.9
Product research and development  74.674.473.472.468.966.063.862.5
General and administrative  47.548.950.356.362.864.562.256.0
Goodwill impairment        21.2 
Depreciation and amortization  25.824.923.422.120.820.019.920.3
Amortization of acquisition-related intangibles  8.68.78.88.57.56.54.22.3
    Total costs and expenses  384.9383.9385.4420.0592.6585.2579.0544.0
    Income (loss) from operations  -9.6-10.3-8.9-30.3-206.0-198.8-192.0-165.6
            Operating margin  -2.6%-2.7%-2.4%-7.8%-53.3%-51.5%-49.6%-43.8%
Interest income  2.32.32.52.52.83.13.33.8
Interest expense  -5.3-6.4-7.5-7.8-8.1-8.4-8.7-9.0
Other income (expense), net  1.4-1.05.016.321.421.116.04.8
Loss on extinguishment of debt    -5.6     
    Income (loss) from continuing operations before income taxes  -16.9-20.9-14.4-19.4-189.9-183.1-181.4-165.9
Income tax expense (benefit)  -7.9-0.2-0.9-0.917.417.318.518.7
            Tax rate  46.5%1.1% 4.7%-9.1%-9.4%  
    Income (loss) from continuing operations  -9.0-20.6-13.6-18.5-207.3-200.4-200.2-189.5
Income (loss) from discontinued operations, net of tax  0.4-4.6-5.3-6.1-17.5-12.6-12.0-11.3
    Net income (loss)  -8.6-25.2-18.9-24.6-224.8-213.0-212.0-195.9
   
Income (loss) per share - basic:          
Income (loss) from continuing operations (in dollars per share)  0.00.00.00.00.00.00.00.0
Income (loss) from discontinued operations (in dollars per share)    0.0 0.00.00.00.0
   
    Net income (loss) per share - basic (in dollars per share)  ($0.29)($0.83)($0.62)($0.79)($6.81)($6.43)($6.39)($5.90)
   
Income (loss) per share - diluted:          
Income (loss) from continuing operations (in dollars per share)  0.00.00.00.00.00.00.00.0
Income (loss) from discontinued operations (in dollars per share)  0.0 0.0 0.00.00.00.0
    Net income (loss) per share - diluted (in dollars per share)  ($0.29)($0.83)($0.62)($0.79)($6.81)($6.43)($6.39)($5.90)
   
Shares used in per-share calculation - basic (in shares)  30.631.031.732.232.532.833.133.2
Shares used in per-share calculation - diluted (in shares)  30.731.031.732.232.532.833.133.4

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