Gaia, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

The following table sets forth the changes in goodwill for the period December 31, 2011 through December 31, 2013 by segment.


(in thousands)	Direct to Consumer Segment		Business Segment		Total
Balance at December 31, 2011 and 2012	$	2,673	$	—	$	2,673
Acquisitions (a)		11,326		—		11,326

Balance at December 31, 2013	$	13,999	$	—	$	13,999

(a)

The estimated purchase price and fair value of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the closing date. We believe that information provides a reasonable basis for estimating the consideration transferred and the fair values of the assets acquired and liabilities assumed, but we are waiting for additional information necessary to finalize the amounts and identify separable intangibles. Therefore, the provisional purchase price allocations are subject to change and such changes could be significant.

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, 2013 and 2012.


	As of December 31,
(in thousands)	2013			2012
Customer related:
Gross carrying amount	$	1,818		$	649
Accumulated amortization		(743	)		(463	)

	$	1,075		$	186

Marketing related:
Gross carrying amount	$	656		$	576
Accumulated amortization		(576	)		(572	)

	$	80		$	4

Tax Effects Allocated to Other Comprehensive Income (Loss) Component

The tax effects allocated to our accumulated other comprehensive income (loss) components were as follows:


	For the Years Ended December 31,
(in thousands)	2013			2012		2011
Before-tax amount	$	(262	)	$	14	$	(3	)
Tax expense (benefit)		(86	)		4		(1	)

Net-of-tax amount	$	(176	)	$	10	$	(2	)

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)	2013			2012			2011
Net income (loss) attributable to Gaiam, Inc. common shareholders:
Income (loss) from continuing operations	$	(20,757	)	$	(19,530	)	$	(24,875	)
Income from discontinued operations		(1,995	)		6,648			3

Net income (loss) attributable to Gaiam, Inc.	$	(22,752	)	$	(12,882	)	$	(24,872	)

Weighted average shares for basic net income (loss) per share		22,972			22,703			23,126
Effect of dilutive securities:
Weighted average of common stock and stock options		143			—			—

Weighted average shares for diluted net income (loss) per share		23,115			22,703			23,126

Net income (loss) per share attributable to Gaiam, Inc. common shareholders—basic:
Income (loss) from continuing operations	$	(0.90	)	$	(0.86	)	$	(1.08	)
Income from discontinued operations		(0.09	)		0.29			0.00

Basic net income (loss) per share attributable to Gaiam, Inc.	$	(0.99	)	$	(0.57	)	$	(1.08	)

Net income (loss) per share attributable to Gaiam, Inc. common shareholders—diluted:
Income (loss) from continuing operations	$	(0.89	)	$	(0.86	)	$	(1.08	)
Income from discontinued operations		(0.09	)		0.29			0.00

Diluted net income (loss) per share attributable to Gaiam, Inc.	$	(0.98	)	$	(0.57	)	$	(1.08	)