XML 60 R40.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Quarterly Financial Data | The following tables set forth our unaudited results of operations for each of the quarters in 2014 and 2013. During 2013, we sold our non-Gaiam-branded entertainment media distribution operations and discontinued our DRTV operations. We now report these businesses as discontinued operations, and, accordingly, we have reclassified their results of operations for all periods presented to reflect them as such. In our opinion, this unaudited financial information includes all adjustments, consisting solely of normal recurring accruals and adjustments, necessary for a fair presentation of the results of operations for the quarters presented.
|  | Year 2014 Quarters Ended |
(in thousands, except per share data) |  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net revenue |  | $ | 37,611 |  |  | $ | 32,451 |  |  | $ | 41,256 |  |  | $ | 55,376 |
Gross profit |  |  | 17,020 |  |  |  | 15,468 |  |  |  | 18,018 |  |  |  | 24,999 |
Gain on sale of investment (a) |  |  | 438 |  |  |  | 1,042 |  |  |  | — |  |  |  | — |
(Loss) income from continuing operations |  |  | (2,098 | ) |  |  | (2,216 | ) |  |  | (2,559 | ) |  |  | 1,243 |
Income (loss) from discontinued operations |  |  | 26 |  |  |  | 2 |  |  |  | (82 | ) |  |  | (3,273 | )
Net loss |  |  | (2,072 | ) |  |  | (2,214 | ) |  |  | (2,641 | ) |  |  | (2,030 | )
Net loss attributable to Gaiam, Inc. |  |  | (2,134 | ) |  |  | (2,388 | ) |  |  | (3,026 | ) |  |  | (2,368 | )
Diluted net loss per share attributable to Gaiam, Inc. |  | $ | (0.09 | ) |  | $ | (0.10 | ) |  | $ | (0.12 | ) |  | $ | (0.10 | )
Weighted average shares outstanding-diluted |  |  | 24,006 |  |  |  | 24,090 |  |  |  | 24,340 |  |  |  | 24,470 |
|  | Year 2013 Quarters Ended |
(in thousands, except per share data) |  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 (b) |
Net revenue |  | $ | 36,679 |  |  | $ | 31,897 |  |  | $ | 36,128 |  |  | $ | 50,759 |
Gross profit |  |  | 15,750 |  |  |  | 13,314 |  |  |  | 14,693 |  |  |  | 21,551 |
Gain on sale of investment (a) |  |  | — |  |  |  | 16,429 |  |  |  | 1,975 |  |  |  | 6,692 |
(Loss) income from continuing operations |  |  | (2,203 | ) |  |  | 8,112 |  |  |  | (700 | ) |  |  | (25,307 | )
Income (loss) from discontinued operations |  |  | 1,981 |  |  |  | (129 | ) |  |  | 1,004 |  |  |  | (4,851 | )
Net (loss) income |  |  | (222 | ) |  |  | 7,983 |  |  |  | 304 |  |  |  | (30,158 | )
Net (loss) income attributable to Gaiam, Inc. |  |  | (277 | ) |  |  | 7,848 |  |  |  | 120 |  |  |  | (30,444 | )
Net (loss) income per share attributable to Gaiam, Inc. common shareholders – diluted: |  |  |  |  |  |  |  |  |  |  |  |
From continuing operations |  | $ | (0.10 | ) |  | $ | 0.36 |  |  | $ | (0.03 | ) |  | $ | (1.08 | )
From discontinued operations |  |  | 0.09 |  |  |  | (0.01 | ) |  |  | 0.04 |  |  |  | (0.21 | )
Diluted net (loss) income per share attributable to Gaiam, Inc. |  | $ | (0.01 | ) |  | $ | 0.35 |  |  | $ | 0.01 |  |  | $ | (1.29 | )
Weighted average shares outstanding-diluted |  |  | 22,732 |  |  |  | 22,741 |  |  |  | 22,765 |  |  |  | 23,668 |
(a) | We reported gains on the sale of our RGSE stock during 2014 and 2013, the carrying value for which had previously been reduced to zero through the recognition of our portion of RGSE’s net losses.
(b) | We recorded a charge of $11.0 million to exit certain businesses, to restructure certain operations, and a net loss of $2.0 million after selling GVE and discontinuing DRTV in the fourth quarter. We also recorded a $23.2 million valuation allowance for our deferred tax assets in the fourth quarter of 2013.

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration