Table of Contents
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):
Reserve balance at December 31, 1999
Payments during 2000
Non cash charges
Reserve balance at December 31, 2000
Payments during 2001
Non cash charges
Reserve balance at December 31, 2001
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.
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