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, 2015

Schedule of Concentration of Credit Risk in Accounts Receivable

We have a concentration of credit risk in our accounts receivable with our top customers as shown in the table below. Target, Kohl’s, and Amazon are major retailers in the United States to which we make significant sales during the year-end holiday season. A significant downturn in sales with or loss of any of these customers, would have a material adverse impact on our financial statements.


Customer Receivables as a Percent of Total Gross Receivables	2015			2014
Target		34	%		50	%
Kohl’s		23	%		11	%
Amazon		17	%		9	%

Amortization Expense for Capitalized Produced Media Content and Acquired Media Rights

Amortization expense for capitalized produced media content and acquired media rights is shown in the table below.


	For the Years Ended December 31,
(in thousands)	2015		2014		2013
Total media amortization expense	$	2,071	$	1,021	$	1,341

Tax Effects Allocated to Accumulated Other Comprehensive Income (Loss) Component

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


	For the Years Ended December 31,
(in thousands)	2015			2014			2013
Before-tax amount	$	(463	)	$	(268	)	$	(262	)
Tax benefit		(139	)		(89	)		(86	)

Net-of-tax amount	$	(324	)	$	(179	)	$	(176	)

Computation of Basic and Diluted Net (Loss) Income Per Share Attributable to Gaiam, Inc. Common Shareholders

The following table sets forth the computation of basic and diluted net (loss) income per share attributable to Gaiam, Inc. common shareholders:


	For the Years Ended December 31,
(in thousands, except per share data)	2015			2014			2013
Net income (loss) attributable to Gaiam, Inc. common shareholders:
Income (loss) from continuing operations	$	397		$	(6,589	)	$	(20,757	)
Loss from discontinued operations		(12,103	)		(3,327	)		(1,995	)

Net loss attributable to Gaiam, Inc.	$	(11,706	)	$	(9,916	)	$	(22,752	)


Weighted average shares - basic		24,510			24,228			22,972
Effect of dilutive securities: weighted average stock options		102			—			—

Weighted average shares - diluted		24,612			24,228			22,972

Net income (loss) per share attributable to Gaiam, Inc. common shareholders - basic and diluted:
Income (loss) from continuing operations	$	0.01		$	(0.27	)	$	(0.90	)
Loss from discontinued operations		(0.49	)		(0.14	)		(0.09	)

Basic and diluted net loss per share attributable to Gaiam, Inc.	$	(0.48	)	$	(0.41	)	$	(0.99	)