Bankrate, Inc. |
Non-GAAP Measures Reconciliation |
(Unaudited) |
Three Months Ended December 31, 2005 | |||||||||||||
(Unaudited) | |||||||||||||
Consolidated | MMIS and | Pro Forma | |||||||||||
Bankrate | FastFind | Interest.com | Bankrate | ||||||||||
Online publishing revenue | $ | 11,611,543 | $ | 166,453 | $ | 278,828 | $ | 11,166,262 | |||||
Print publishing and licensing revenue | $ | 2,278,586 | $ | - | $ | 992,541 | $ | 1,286,045 | |||||
Total revenue | $ | 13,890,129 | $ | 166,453 | $ | 1,271,369 | $ | 12,452,307 | |||||
Operating expenses | $ | 6,041,049 | $ | 321,616 | $ | 296,056 | $ | 5,423,377 | |||||
Income before income taxes | $ | 4,052,119 | $ | (248,969 | ) | $ | 108,390 | $ | 4,192,698 | ||||
Income tax benefit (expense) | $ | (1,459,817 | ) | $ | 99,176 | $ | (42,075 | ) | $ | (1,516,918 | ) | ||
Net income | $ | 2,592,302 | $ | (149,793 | ) | $ | 66,315 | $ | 2,675,780 |
Net income per diluted share | $ | 0.16 | |||||||||||
Weighted average diluted common shares outstanding | 17,262,632 | ||||||||||||
Online Publishing Revenue | |||||||||||||
Graphic ad | 6,399,041 | ||||||||||||
Hyperlink | 4,293,221 | ||||||||||||
Barter | 474,000 | ||||||||||||
Total online publishing revenue | $ | 11,166,262 | |||||||||||
Operating expenses | 5,423,377 | ||||||||||||
Less: Barter | (474,000 | ) | |||||||||||
Operating expenses excluding barter | $ | 4,949,377 |
Year Ended December 31, 2005 | |||||||||||||
(Unaudited) | |||||||||||||
Consolidated | MMIS and | Pro Forma | |||||||||||
Bankrate | FastFind | Interest.com | Bankrate | ||||||||||
Online publishing revenue | $ | 43,296,384 | $ | 166,453 | $ | 278,828 | $ | 42,851,103 | |||||
Print publishing and licensing revenue | $ | 5,752,647 | $ | - | $ | 992,541 | $ | 4,760,106 | |||||
Total revenue | $ | 49,049,031 | $ | 166,453 | $ | 1,271,369 | $ | 47,611,209 | |||||
Income before income taxes | $ | 15,474,054 | $ | (248,968 | ) | $ | 108,390 | $ | 15,614,632 | ||||
Net income | $ | 9,673,901 | $ | (149,793 | ) | $ | 66,315 | $ | 9,757,379 |
Net income per diluted share | $ | 0.58 | |||||||||||
Weighted average diluted common shares outstanding | 16,922,218 | ||||||||||||
Online Publishing Revenue | |||||||||||||
Graphic ad | 25,011,275 | ||||||||||||
Hyperlink | 15,586,140 | ||||||||||||
Barter | 2,253,688 | ||||||||||||
Total online publishing revenue | $ | 42,851,103 |