Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities:      
Net loss $ (8,957)us-gaap_ProfitLoss $ (22,093)us-gaap_ProfitLoss [1] $ (12,577)us-gaap_ProfitLoss [2]
Loss (income) from discontinued operations 3,327us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 1,995us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [1] (6,648)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [2]
Net loss from continuing operations (5,630)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (20,098)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [1] (19,225)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2]
Adjustments to reconcile net loss from continuing operations to net cash (used in) provided by operating activities:      
Depreciation 1,989us-gaap_Depreciation 2,301us-gaap_Depreciation [1] 2,107us-gaap_Depreciation [2]
Amortization 2,223us-gaap_AdjustmentForAmortization 1,659us-gaap_AdjustmentForAmortization [1] 1,946us-gaap_AdjustmentForAmortization [2]
Share-based compensation expense 839us-gaap_ShareBasedCompensation 809us-gaap_ShareBasedCompensation [1] 913us-gaap_ShareBasedCompensation [2]
Deferred income tax expense (benefit) 28us-gaap_DeferredIncomeTaxesAndTaxCredits 23,861us-gaap_DeferredIncomeTaxesAndTaxCredits [1] (6,120)us-gaap_DeferredIncomeTaxesAndTaxCredits [2]
Loss (gain) on translation of foreign currency 564us-gaap_ForeignCurrencyTransactionGainLossUnrealized 42us-gaap_ForeignCurrencyTransactionGainLossUnrealized [1] (76)us-gaap_ForeignCurrencyTransactionGainLossUnrealized [2]
Gain on sale of investments (1,480)us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal (25,096)us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal [1]  
Loss on equity method investment 55gaia_IncomeLossFromAndGainOnSaleOfEquityMethodInvestments   18,410gaia_IncomeLossFromAndGainOnSaleOfEquityMethodInvestments [2]
Gain from collection of note receivable   (2,300)us-gaap_OtherNoncashIncome [1]  
Impairment and other losses   9,194us-gaap_GoodwillImpairmentLoss [1]  
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:      
Accounts receivable, net (3,872)us-gaap_IncreaseDecreaseInAccountsReceivable (2,072)us-gaap_IncreaseDecreaseInAccountsReceivable [1] (3,628)us-gaap_IncreaseDecreaseInAccountsReceivable [2]
Inventory, net 56us-gaap_IncreaseDecreaseInInventories 1,097us-gaap_IncreaseDecreaseInInventories [1] 1,645us-gaap_IncreaseDecreaseInInventories [2]
Deferred advertising costs (250)us-gaap_IncreaseDecreaseInDeferredCharges 508us-gaap_IncreaseDecreaseInDeferredCharges [1] 42us-gaap_IncreaseDecreaseInDeferredCharges [2]
Advances (1,514)gaia_IncreaseDecreaseInAdvances (44)gaia_IncreaseDecreaseInAdvances [1] 2,847gaia_IncreaseDecreaseInAdvances [2]
Other current assets (2,425)us-gaap_IncreaseDecreaseInOtherOperatingAssets (2,843)us-gaap_IncreaseDecreaseInOtherOperatingAssets [1] (6,228)us-gaap_IncreaseDecreaseInOtherOperatingAssets [2]
Accounts payable 5,535us-gaap_IncreaseDecreaseInAccountsPayable (4,407)us-gaap_IncreaseDecreaseInAccountsPayable [1] 1,463us-gaap_IncreaseDecreaseInAccountsPayable [2]
Participations payable (3,539)us-gaap_IncreaseDecreaseInParticipationLiabilities 1,045us-gaap_IncreaseDecreaseInParticipationLiabilities [1] (4,674)us-gaap_IncreaseDecreaseInParticipationLiabilities [2]
Accrued liabilities (1,406)us-gaap_IncreaseDecreaseInAccruedLiabilities 789us-gaap_IncreaseDecreaseInAccruedLiabilities [1] 9,472us-gaap_IncreaseDecreaseInAccruedLiabilities [2]
Net cash used in operating activities - continuing operations (8,827)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (15,555)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations [1] (1,106)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations [2]
Net cash (used in) provided by operating activities - discontinued operations (142)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations (7,569)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations [1] 17,582us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations [2]
Net cash (used in) provided by operating activities (8,969)us-gaap_NetCashProvidedByUsedInOperatingActivities (23,124)us-gaap_NetCashProvidedByUsedInOperatingActivities [1] 16,476us-gaap_NetCashProvidedByUsedInOperatingActivities [2]
Investing activities:      
Net proceeds from the sale of investments 2,646us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments 25,096us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments [1]  
Collection from (loan to) related party   2,100us-gaap_ProceedsFromPaymentsForLongTermLoansForRelatedParties [1] (830)us-gaap_ProceedsFromPaymentsForLongTermLoansForRelatedParties [2]
Purchase of property, equipment and media rights (5,590)us-gaap_PaymentsToAcquireProductiveAssets (3,386)us-gaap_PaymentsToAcquireProductiveAssets [1] (3,723)us-gaap_PaymentsToAcquireProductiveAssets [2]
Proceeds from sale of business   47,500us-gaap_ProceedsFromDivestitureOfBusinesses [1]  
Purchase of businesses and equity-method investments, net of cash acquired (5,493)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (6,333)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired [1] (146)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired [2]
Net cash (used in) provided by investing activities - continuing operations (8,437)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 64,977us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations [1] (4,699)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations [2]
Net cash used in investing activities - discontinued operations     (13,491)us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations [2]
Net cash (used in) provided by investing activities (8,437)us-gaap_NetCashProvidedByUsedInInvestingActivities 64,977us-gaap_NetCashProvidedByUsedInInvestingActivities [1] (18,190)us-gaap_NetCashProvidedByUsedInInvestingActivities [2]
Financing activities:      
Net proceeds from issuance of stock 1,806us-gaap_ProceedsFromIssuanceOrSaleOfEquity 777us-gaap_ProceedsFromIssuanceOrSaleOfEquity [1]  
Payment of dividends (150)us-gaap_PaymentsOfDividends   (583)us-gaap_PaymentsOfDividends [2]
Net cash provided by (used in) financing activities - continuing operations 1,656us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 777us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations [1] (583)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations [2]
Net cash used in financing activities - discontinued operations   (19,967)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations [1] (2,472)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations [2]
Net cash provided by (used in) financing activities 1,656us-gaap_NetCashProvidedByUsedInFinancingActivities (19,190)us-gaap_NetCashProvidedByUsedInFinancingActivities [1] (3,055)us-gaap_NetCashProvidedByUsedInFinancingActivities [2]
Effect of exchange rates on cash (707)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (292)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents [1] 82us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents [2]
Net (decrease) increase in cash (16,457)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 22,371us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1] (4,687)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [2]
Cash at beginning of year 32,229us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 9,858us-gaap_CashAndCashEquivalentsAtCarryingValue [1],[2] 14,545us-gaap_CashAndCashEquivalentsAtCarryingValue [2]
Cash at end of year 15,772us-gaap_CashAndCashEquivalentsAtCarryingValue 32,229us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 9,858us-gaap_CashAndCashEquivalentsAtCarryingValue [1],[2]
Supplemental cash flow information:      
Interest paid 14us-gaap_InterestPaid 442us-gaap_InterestPaid [1] 468us-gaap_InterestPaid [2]
Income taxes paid 1,114us-gaap_IncomeTaxesPaid 577us-gaap_IncomeTaxesPaid [1] 673us-gaap_IncomeTaxesPaid [2]
Liabilities and debt assumed from acquisitions 466us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1 337us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1 [1] 14,277us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1 [2]
Stock issued in connection with business acquisitions $ 840us-gaap_StockIssuedDuringPeriodValueAcquisitions $ 7,303us-gaap_StockIssuedDuringPeriodValueAcquisitions [1]  
[1] Cash flows in 2013 include the $25.0 million gain from the sale of RGSE stock, the sale of GVE and the discontinuation of the DRTV Business Unit.
[2] Net cash provided by operating activities for discontinued operations during 2012 includes approximately $18.7 million of net cash provided by purchased Vivendi Entertainment ("Vivendi") working capital, which was used to partially fund the acquisition of Vivendi. Excluding the net cash flows from the purchased Vivendi working capital, net cash used by operating activities for discontinued operations would have been zero during 2012.