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Segment information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Information Services and Performance Marketing Segments

Information regarding our Information Services and Performance Marketing segments is as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

18,637

 

 

$

13,400

 

 

$

35,055

 

 

$

24,451

 

Performance Marketing

 

 

34,387

 

 

 

27,643

 

 

 

68,735

 

 

 

56,016

 

 

 

$

53,024

 

 

$

41,043

 

 

$

103,790

 

 

$

80,467

 

Loss (income) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

(8,549

)

 

$

(4,812

)

 

$

(13,553

)

 

$

(9,963

)

Performance Marketing

 

 

261

 

 

 

1,931

 

 

 

(1,071

)

 

 

4,246

 

 

 

 

(8,288

)

 

 

(2,881

)

 

 

(14,624

)

 

 

(5,717

)

Corporate (1)

 

 

(9,676

)

 

 

(4,975

)

 

 

(13,838

)

 

 

(10,311

)

 

 

$

(17,964

)

 

$

(7,856

)

 

$

(28,462

)

 

$

(16,028

)

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

1,656

 

 

$

1,405

 

 

$

2,984

 

 

$

2,556

 

Performance Marketing

 

 

1,798

 

 

 

1,591

 

 

 

3,891

 

 

 

3,049

 

 

 

$

3,454

 

 

$

2,996

 

 

$

6,875

 

 

$

5,605

 

Write-off of long-lived assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

-

 

 

$

-

 

 

$

1,189

 

 

$

-

 

Performance Marketing

 

 

-

 

 

 

-

 

 

 

2,437

 

 

 

-

 

 

 

$

-

 

 

$

-

 

 

$

3,626

 

 

$

-

 

Share-based payments recorded as an expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

943

 

 

$

2,978

 

 

$

3,883

 

 

$

5,961

 

Performance Marketing

 

 

1,251

 

 

 

721

 

 

 

2,264

 

 

 

1,487

 

 

 

 

2,194

 

 

 

3,699

 

 

 

6,147

 

 

 

7,448

 

Corporate (1)

 

 

7,125

 

 

 

3,546

 

 

 

10,484

 

 

 

7,175

 

 

 

$

9,319

 

 

$

7,245

 

 

$

16,631

 

 

$

14,623

 

Capital expenditure:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

1,736

 

 

$

2,939

 

 

$

3,787

 

 

$

5,934

 

Performance Marketing

 

 

192

 

 

 

326

 

 

 

481

 

 

 

545

 

 

 

$

1,928

 

 

$

3,265

 

 

$

4,268

 

 

$

6,479

 

 

(In thousands)

 

June 30, 2017

 

 

December 31, 2016

 

Assets:

 

 

 

 

 

 

 

 

Information Services

 

$

92,744

 

 

$

91,405

 

Performance Marketing

 

 

204,534

 

 

 

197,937

 

 

 

 

297,278

 

 

 

289,342

 

Corporate (2)

 

 

20,416

 

 

 

22,569

 

 

 

$

317,694

 

 

$

311,911

 

Intangible assets, net:

 

 

 

 

 

 

 

 

Information Services

 

$

52,407

 

 

$

52,424

 

Performance Marketing

 

 

40,407

 

 

 

46,107

 

 

 

$

92,814

 

 

$

98,531

 

Goodwill:

 

 

 

 

 

 

 

 

Information Services

 

$

44,178

 

 

$

44,178

 

Performance Marketing

 

 

122,078

 

 

 

122,078

 

 

 

$

166,256

 

 

$

166,256

 

(1)

Corporate primarily represents corporate administrative costs that are not allocated to individual segments. The segment information for the three and six months ended June 30, 2016 was reclassified to conform to the current period presentation.

(2)

Assets of corporate primarily represents corporate’s assets that are not allocated to individual segments. The segment information as of December 31, 2016 was reclassified to conform to the current period presentation.

Reconciliation of Loss from Operations from Segments to Loss Before Income Taxes

A reconciliation of loss from operations from segments to loss before income taxes for the periods presented is as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Loss from operations from segments

 

$

(8,288

)

 

$

(2,881

)

 

$

(14,624

)

 

$

(5,717

)

Corporate (1)

 

 

(9,676

)

 

 

(4,975

)

 

 

(13,838

)

 

 

(10,311

)

Total other expense (2)

 

 

(2,445

)

 

 

(2,832

)

 

 

(4,672

)

 

 

(4,954

)

Loss before income taxes

 

$

(20,409

)

 

$

(10,688

)

 

$

(33,134

)

 

$

(20,982

)

(1)

Corporate primarily represents corporate administrative costs that are not allocated to individual segments.

(2)

Other expense, primarily represents non-operating income and expense, including interest expense, net, and other expenses, net, which the Company does not allocate into segments.

Schedule of Revenue by Geography Based on Customer Location

Revenue by geography is based on the location of the customers. The following table sets forth revenue by geographic areas:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

51,152

 

 

$

36,608

 

 

$

97,846

 

 

$

72,013

 

Outside of the United States (1)

 

 

1,872

 

 

 

4,435

 

 

 

5,944

 

 

 

8,454

 

 

 

$

53,024

 

 

$

41,043

 

 

$

103,790

 

 

$

80,467

 

 

(1)

No individual country, other than disclosed above, exceeded 10% of total consolidated revenue for any period presented.