Table of Contents 
INFOSPACE, INC. 
  
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) 
  
Years Ended December 31, 2001, 2000 and 1999 
  
As of December 31, 2001, the accrued liability associated with the restructuring related charges was $5.9 million and consisted of the 
following (in thousands):  
  
Lease 
Asset 
Estimated 
Severance and 
termination 
disposal 
future lease 
  
related costs 
penalties 
costs 
losses 
   
     
     
     
  
Reserve balance at December 31, 1999 
   
$ 
      
   
$ 
      
   
$        
   
$ 
      
2000 accrual 
   
  
782   
   
  
583   
   
  
316   
   
  
      
Payments during 2000 
   
  
(485 ) 
   
  
(583 ) 
   
  
(62 ) 
   
  
      
Non cash charges 
   
  
      
   
  
      
   
  
      
   
  
      
  
   
   
   
   
Reserve balance at December 31, 2000 
   
  
297   
   
  
      
   
  
254   
   
  
      
2001 accrual 
   
  
2,618   
   
  
      
   
  
838   
   
  
7,909   
Adjustments 
   
  
(115 ) 
   
  
      
   
  
(225 ) 
   
  
      
Payments during 2001 
   
  
(2,667 ) 
   
  
      
   
  
(694 ) 
   
  
(2,256 ) 
Non cash charges 
   
  
      
   
  
      
   
  
(108 ) 
   
  
      
  
   
   
   
   
Reserve balance at December 31, 2001 
   
$ 
133   
   
$ 
      
   
$ 
65   
   
$ 
5,653   
  
   
   
   
   
  
All reserve amounts are expected to be paid during 2002 and are included in accrued expenses and other current liabilities.  
  
Note 11:  Information on Products and Services 
  
SFAS No. 131, 
Disclosures about Segments of an Enterprise and Related Information 
, SFAS No. 131 establishes standards for the way 
that companies report information about operating segments in annual financial statements. It also establishes standards for related disclosures 
about products and services, geographic areas, and major customers.  
  
The Company generates substantially all of its revenues through integrated technology and services delivered through a common physical 
infrastructure, and therefore the Company has only one reportable segment. Substantially all of the Company's long lived assets are physically 
located within the United States.  
  
For 2001 and prior, total operating expenses were controlled centrally, based on established budgets by operating department. In addition, 
assets, technology, and personnel resources of the Company were shared and utilized for all of the Company's service offerings. These 
resources were allocated based on contractual requirements, the identification of enhancements to the current service offerings, and other non 
financial criteria. The Company does not prepare operating statements by revenue source or business area. The Company does not account for, 
and does not report to management, its assets or capital expenditures by revenue source or business area.  
  
Revenue Information: 
  
In the years ended December 31, 2001, 2000 and 1999, the Company's revenues were derived from its products and application services 
delivered to merchants and on wireline and broadband and wireless platforms. These products and services generated revenues from payment 
transaction fees, licensing fees, subscription fees, advertising and development and integration fees. Contracts with customers often utilize both 
consumer and  
93  
<





New Page 1








Home : About Us : Network : Services : Support : FAQ : Control Panel : Order Online : Sitemap : Contact : Terms Of Service

 

Our web partners:  Jsp Web Hosting  Unlimited Web Hosting  Cheapest Web Hosting  Java Web Hosting  Web Templates  Best Web Templates  Web Design Templates  Interland Web Hosting  Cheap Web Hosting  Filemaker Web Hosting  Tomcat Web Hosting  Quality Web Hosting  Best Web Hosting  Mac Web Hosting

 
 

Virtualwebstudio. Business web hosting division of Vision Web Hosting Inc. All rights reserved

Interland Web Hosting