Table of Contents 
INFOSPACE, INC. 
  
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) 
  
Years Ended December 31, 2001, 2000 and 1999 
and other current liabilities, deferred revenues and warrants in other entities. The carrying amount of financial instruments not recorded at fair 
value on the consolidated balance sheets approximates the fair value of such instruments due to their short maturities.  
  
Income taxes 
:    The Company accounts for income taxes under the asset and liability method, under which deferred tax assets, including 
net operating loss carryforwards, and liabilities are determined based on temporary differences between the book and tax basis of assets and 
liabilities. The Company believes sufficient uncertainty exists regarding the realizability of the deferred tax assets such that a full valuation 
allowance is required.  
  
Reclassification 
:    Certain reclassifications have been made to the 2000 balances to conform to the 2001 presentation.  
  
Stock splits 
:    A two for one stock split of the Company's common stock was effected in May 1999. A second two for one stock split of 
the Company's common stock was effected in January 2000. A third two for one stock split of the Company's common stock was effected in 
April 2000. All references in the financial statements to shares, share prices, per share amounts and stock plans have been adjusted retroactively 
for these stock splits.  
  
Use of estimates: 
    The preparation of financial statements in conformity with accounting principles generally accepted in the United 
States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities 
and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses 
during the reporting period. Actual amounts may differ from estimates.  
  
Recent accounting pronouncements 
:    In August 2001, the FASB issued SFAS No. 144, 
Accounting for the Impairment or Disposal of 
Long Lived Assets 
, that is applicable to financial statements issued for fiscal years beginning after December 15, 2001. The FASB's new rules 
on asset impairment supersede SFAS No. 121, 
Accounting for the Impairment of Long Lived Assets and for Long Lived Assets to Be Disposed 
Of 
, and portions of Accounting Principles Board Opinion (APB) No. 30, 
Reporting the Results of Operations 
. This standard provides a single 
accounting model for long lived assets to be disposed of and significantly changes the criteria that would have to be met to classify an asset as 
held for sale. Classification as held for sale is an important distinction since such assets are not depreciated and are stated at the lower of fair 
value and carrying amount. This standard also requires expected future operating losses from discontinued operations to be displayed in the 
period(s) in which the losses are incurred, rather than as of the measurement date as presently required. The provisions of this standard are not 
expected to have a significant effect on the Company's financial position or operating results.  
  
In June 2001, the FASB issued SFAS No. 143, 
Accounting for Asset Retirement Obligations 
. This statement establishes accounting 
standards for recognition and measurement of a liability for an asset retirement obligation and the associated asset retirement cost. This 
statement is effective for financial statements issued for fiscal years beginning after June 15, 2002. The Company does not expect the adoption 
of SFAS No. 143 to have a material effect on its financial position or results of operations.  
  
In June 2001, the FASB issued SFAS No. 141, 
Business Combinations 
and SFAS No. 142, 
Goodwill and Other Intangible Assets 
. SFAS 
No. 141 requires business combinations initiated after June 30, 2001 to be accounted for using the purchase method of accounting, and 
broadens the criteria for recording intangible assets separate from goodwill. Recorded goodwill and intangibles will be evaluated against this 
new criteria and may result in certain intangibles being subsumed into goodwill, or alternatively, amounts initially recorded as  
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