| Financial information for Company's segments |
Financial information for our segments is as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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(in thousands)
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2012 |
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2011 |
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2012 |
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2011 |
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Net revenue:
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Direct to consumer
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$ |
16,921 |
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$ |
16,206 |
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$ |
38,491 |
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$ |
34,108 |
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Business
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28,525 |
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14,549 |
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54,288 |
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34,034 |
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Solar (RSOL)
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— |
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19,954 |
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— |
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37,379 |
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Consolidated net revenue
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45,446 |
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50,709 |
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92,779 |
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105,521 |
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Contribution loss:
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Direct to consumer
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(3,585 |
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(2,093 |
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(5,427 |
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(3,160 |
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Business
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1,619 |
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(3,207 |
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2,166 |
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(3,761 |
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Solar
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— |
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(1,874 |
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— |
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(1,808 |
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Consolidated contribution loss
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(1,966 |
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(7,174 |
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(3,261 |
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(8,729 |
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Reconciliation of contribution loss to net loss attributable to Gaiam, Inc.:
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Interest and other income (expense)
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(123 |
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61 |
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(67 |
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107 |
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Loss from equity method investment in RSOL
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(944 |
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— |
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(1,640 |
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— |
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Income tax benefit
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(924 |
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(2,135 |
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(1,561 |
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(2,703 |
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Net loss attributable to noncontrolling interest
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56 |
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837 |
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135 |
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778 |
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Net loss attributable to Gaiam, Inc.
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$ |
(2,053 |
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$ |
(4,141 |
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$ |
(3,272 |
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$ |
(5,141 |
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