|
Significant Accounting Policies (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Future Guaranteed Advances Required to be Made for Media Distribution Agreements |
At December 31, 2012,
we have media distribution agreements that require us to make
future guaranteed advances as follows (in thousands):
|
|
|
|
|
|
2013
|
|
$ |
7,892 |
|
|
2014
|
|
|
2,150 |
|
|
2015
|
|
|
240 |
|
|
|
|
|
|
|
|
$ |
10,282 |
|
|
|
|
|
|
|
| Changes in Goodwill |
The following table sets
forth the changes in goodwill for the period December 31, 2010
through December 31, 2012 by segment.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands)
|
|
Direct to
Consumer
Segment |
|
|
Business
Segment |
|
|
Solar
Segment |
|
|
Total |
|
|
Balance at
December 31, 2010
|
|
$ |
2,673 |
|
|
$ |
22,456 |
|
|
$ |
732 |
|
|
$ |
25,861 |
|
|
Acquisitions
|
|
|
— |
|
|
|
— |
|
|
|
19,153 |
|
|
|
19,153 |
|
|
Impairment losses
recognized
|
|
|
— |
|
|
|
(22,456 |
) |
|
|
— |
|
|
|
(22,456 |
) |
|
Deconsolidation of
subsidiary
|
|
|
— |
|
|
|
— |
|
|
|
(19,885 |
) |
|
|
(19,885 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at
December 31, 2011
|
|
|
2,673 |
|
|
|
— |
|
|
|
— |
|
|
|
2,673 |
|
|
Acquisitions
|
|
|
— |
|
|
|
6,732 |
|
|
|
— |
|
|
|
6,732 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at
December 31, 2012
|
|
$ |
2,673 |
|
|
$ |
6,732 |
|
|
$ |
— |
|
|
$ |
9,405 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other Intangibles Subject to Amortization by Major Class |
The following table
represents our other intangibles subject to amortization by major
class as of December 31, 2012 and 2011.
|
|
|
|
|
|
|
|
|
| |
|
As of December 31, |
|
|
(in thousands)
|
|
2012 |
|
|
2011 |
|
|
Customer
related:
|
|
|
|
|
|
|
|
|
|
Gross carrying
amount
|
|
$ |
9,514 |
|
|
$ |
914 |
|
|
Accumulated
amortization
|
|
|
(3,910 |
) |
|
|
(426 |
) |
|
|
|
|
|
|
|
|
|
|
|
$ |
5,604 |
|
|
$ |
488 |
|
|
|
|
|
|
|
|
|
|
|
Marketing
related:
|
|
|
|
|
|
|
|
|
|
Gross carrying
amount
|
|
$ |
576 |
|
|
$ |
576 |
|
|
Accumulated
amortization
|
|
|
(572 |
) |
|
|
(495 |
) |
|
|
|
|
|
|
|
|
|
|
|
$ |
4 |
|
|
$ |
81 |
|
|
|
|
|
|
|
|
|
|
|
| Tax Effects Allocated to Other Comprehensive Income (Loss) Component, Foreign Currency Translation |
The tax effects allocated
to our other comprehensive income (loss) component, foreign
currency translation, were as follows:
|
|
|
|
|
|
|
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|
|
|
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| |
|
For the Years Ended December 31, |
|
|
(in thousands)
|
|
2012 |
|
|
2011 |
|
|
2010 |
|
|
Before-tax
amount
|
|
$ |
14 |
|
|
$ |
(3 |
) |
|
$ |
83 |
|
|
Tax expense
(benefit)
|
|
|
4 |
|
|
|
(1 |
) |
|
|
25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net-of-tax
amount
|
|
$ |
10 |
|
|
$ |
(2 |
) |
|
$ |
58 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Computation of Basic and Diluted Net Income (Loss) Per Share Attributable to Gaiam, Inc. Common Shareholders |
The following table sets
forth the computation of basic and diluted net income (loss) per
share attributable to Gaiam, Inc. common
shareholders:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the Years Ended December 31, |
|
|
(in thousands, except per share data)
|
|
2012 |
|
|
2011 |
|
|
2010 |
|
|
Numerator for basic and
diluted net income (loss) per share attributable to
Gaiam, Inc. common shareholders
|
|
$ |
(12,882 |
) |
|
$ |
(24,872 |
) |
|
$ |
4,275 |
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares for
basic net income (loss) per share attributable to Gaiam, Inc.
common shareholders
|
|
|
22,703 |
|
|
|
23,126 |
|
|
|
23,226 |
|
|
Effect of dilutive
securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average of common
stock and stock options
|
|
|
— |
|
|
|
— |
|
|
|
157 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominators for diluted
net income (loss) per share attributable to Gaiam, Inc. common
shareholders
|
|
|
22,703 |
|
|
|
23,126 |
|
|
|
23,383 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) per share
attributable to Gaiam, Inc. common
shareholders—basic
|
|
$ |
(0.57 |
) |
|
$ |
(1.08 |
) |
|
$ |
0.18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) per share
attributable to Gaiam, Inc. common
shareholders—diluted
|
|
$ |
(0.57 |
) |
|
$ |
(1.08 |
) |
|
$ |
0.18 |
|
|
|
|
|
|
|
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