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Discontinued Operations
12 Months Ended
Dec. 31, 2011
Discontinued Operations

10. Discontinued Operations

In December 2011, the Company discontinued a division of Accent Marketing Services, LLC, called Performance Marketing Group. As a result, the Company has classified this entity’s results of operations as a loss of $1,339 as discontinued operations. The Company also recorded net adjustments of $22 to increase a previously recorded liability relating to a prior discontinued operation.

The loss net of taxes from discontinued operations for 2010 was $3,949, which is comprised of the operating results of Performance Marketing Group of $1,455. The loss also includes the results from operations of a start-up division of Redscout, LLC called 007. As a result, the Company has classified this entity’s results of operations as a loss of $722 as discontinued operations. In addition, the Company ceased Zig US current operations and as a result incurred a goodwill impairment charge of $232. Including the impairment charge Zig US’s results of operations, net of income tax benefits, for the year ended 2010, there was a loss of $1,046. The Company discontinued a start up called Fearless Progression LLC (“Fearless”). As a result, the Company wrote off its investment in Fearless of $710. Including the impairment charge, Fearless’s results of operations net of income tax benefits for the year ended 2010, was a loss of $743. The Company has classified this entity’s results as discontinued operations. In December 2010, the Company recorded net adjustments of $21 to reduce a previously recorded liability relating to prior discontinued operations.

The loss net of taxes from discontinued operations for 2009 was $3,180 and is comprised of the operating results of Performance Marketing Group of $1,661, Clifford/Bratskeir Public Relations LLC (“Bratskeir”) of $361 and Margeotes Fertitta Powell, LLC (“MFP”) of $515 and Zig US of $643, relates to an adjustment to a previously recorded liability.

Included in discontinued operations in the Company’s consolidated statements of operations for the years ended December 31 were the following:

     
  Years Ended December 31,
     2011   2010   2009
Revenue   $ 10,122     $ 9,166     $ 9,914  
Impairment charge           (942 )       
Operating loss     (1,336 )      (4,271 )      (3,563 ) 
Other expense     (25 )      (123 )      (108 ) 
Income tax recovery           343       270  
Noncontrolling interest expense recovery           102       221  
Net loss from discontinued operations   $ (1,361 )    $ (3,949 )    $ (3,180 ) 

At December 31, 2011, $4,060 and $1,332 was included in other current assets and other current liabilities, respectively, which represent assets held for sale and related liabilities.