United Online (UNTD) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information
Entity Registrant Name	UNITED ONLINE INC
Entity Central Index Key	1,142,701
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		14,774,031
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 75,010	$ 78,795
Accounts receivable, net of allowance	12,062	14,509
Inventories, net	5,989	5,416
Deferred tax assets, net	232	265
Other current assets	8,593	7,780
Total current assets	101,886	106,765
Property and equipment, net	22,698	22,781
Deferred tax assets, net	1,435	1,523
Goodwill	63,001	63,014
Intangible assets, net	8,224	9,447
Other assets	1,285	1,366
Total assets	198,529	204,896
Current liabilities:
Accounts payable	11,210	12,298
Accrued liabilities	18,920	30,829
Member redemption liability	7,018	7,287
Deferred revenue	31,858	32,838
Deferred tax liabilities, net	34	33
Total current liabilities	69,040	83,285
Member redemption liability	10,923	11,360
Deferred revenue	2,041	1,915
Deferred tax liabilities, net	1,715	857
Other liabilities	7,395	5,766
Total liabilities	$ 91,114	$ 103,183
Commitments and contingencies
Stockholders' equity:
Common stock	$ 1	$ 1
Additional paid-in capital	219,789	215,302
Accumulated other comprehensive loss	(3,441)	(3,158)
Accumulated deficit	(108,934)	(110,432)
Total stockholders' equity	107,415	101,713
Total liabilities and stockholders' equity	$ 198,529	$ 204,896

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Revenues	$ 50,064	$ 54,600	$ 99,971	$ 109,969
Operating expenses:
Cost of revenues	16,869	17,120	34,148	36,447
Sales and marketing	11,741	12,959	24,559	27,966
Technology and development	6,204	6,886	13,156	14,838
General and administrative	10,706	16,320	23,244	34,355
Amortization of intangible assets	525	1,383	1,007	2,764
Restructuring and other exit costs	822	331	967	2,587
Total operating expenses	46,867	54,999	97,081	118,957
Operating income (loss)	3,197	(399)	2,890	(8,988)
Interest income	91	99	181	191
Other income, net	2	55	70	68
Income (loss) before income taxes	3,290	(245)	3,141	(8,729)
Provision for income taxes	933	2,005	1,643	3,908
Net income (loss)	2,357	(2,250)	1,498	(12,637)
Income allocated to participating securities	(96)		(66)
Net income (loss) attributable to common stockholders	$ 2,261	$ (2,250)	$ 1,432	$ (12,637)
Basic net income (loss) per common share	$ 0.15	$ (0.16)	$ 0.10	$ (0.90)
Shares used to calculate basic net income (loss) per common share	14,663	14,130	14,547	14,014
Diluted net income (loss) per common share	$ 0.15	$ (0.16)	$ 0.10	$ (0.90)
Shares used to calculate diluted net income (loss) per common share	14,787	14,130	14,645	14,014

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net income (loss)	$ 2,357	$ (2,250)	$ 1,498	$ (12,637)
Cash flow hedges:
Changes in net gains (losses) on derivatives, net of tax provision of $0 and $0 for the quarters ended June 30, 2015 and 2014 and $0 and $19 for the six months ended June 30, 2015 and 2014, respectively	(10)	1	7	28
Derivative settlement (gains) losses reclassified into earnings, net of tax (provision) benefit of $0 and $(5) for the quarters ended June 30, 2015 and 2014 and $0 and $1 for the six months ended June 30, 2015 and 2014, respectively	25	(8)	39	2
Other hedges:
Changes in net gains on derivatives, net of tax provision of $0 and $5 for the quarters ended June 30, 2015 and 2014 and $0 and $3 for the six months ended June 30, 2015 and 2014, respectively		8		4
Foreign currency translation	108	(71)	(329)	106
Other comprehensive income (loss)	123	(70)	(283)	140
Comprehensive income (loss)	$ 2,480	$ (2,320)	$ 1,215	$ (12,497)

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Changes in net gains (losses) on derivatives designated as cash flow hedges, tax provision	$ 0	$ 0	$ 0	$ 19
Derivative settlement (gains) losses reclassified into earnings, tax (provision) benefit	0	(5)	0	1
Changes in net gains on derivatives designated as other hedges, tax provision	$ 0	$ 5	$ 0	$ 3

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - 6 months ended Jun. 30, 2015 - USD ($) shares in Thousands, $ in Thousands	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Accumulated Deficit	Total
Balance at Dec. 31, 2014	$ 1	$ 215,302	$ (3,158)	$ (110,432)	$ 101,713
Balance (in shares) at Dec. 31, 2014	14,289
Increase (Decrease) in Stockholders' Equity
Exercises of stock options		1,341			1,341
Exercises of stock options (in shares)	112
Issuance of common stock through ESPP		936			936
Issuance of common stock through ESPP (in shares)	94
Vesting of restricted stock units (in shares)	240
Repurchases of common stock		(1,310)			(1,310)
Stock-based compensation		3,520			3,520
Other comprehensive loss			(283)		(283)
Net income				1,498	1,498
Balance at Jun. 30, 2015	$ 1	$ 219,789	$ (3,441)	$ (108,934)	$ 107,415
Balance (in shares) at Jun. 30, 2015	14,735

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income (loss)	$ 1,498	$ (12,637)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	7,428	10,138
Stock-based compensation	3,520	4,902
Provision for doubtful accounts receivable	18	(54)
Deferred taxes, net	903	1,188
Tax shortfalls from equity awards		(7)
Excess tax benefits from equity awards		(56)
Other, net	278	159
Changes in operating assets and liabilities:
Accounts receivable, net	2,298	5,745
Inventories, net	(925)	2,567
Other assets	(986)	533
Accounts payable and accrued liabilities	(12,213)	1,566
Member redemption liability	(707)	(1,473)
Deferred revenue		(869)
Other liabilities	564	(2,509)
Net cash provided by operating activities	1,676	9,193
Cash flows from investing activities:
Purchases of property and equipment	(5,293)	(5,142)
Purchases of rights, content and intellectual property	(398)	(481)
Purchases of investments		(36)
Proceeds from sales of investments	127	15
Net cash used for investing activities	(5,564)	(5,644)
Cash flows from financing activities:
Proceeds from exercises of stock options	1,287
Proceeds from employee stock purchase plan	936	826
Repurchases of common stock	(1,310)	(2,358)
Excess tax benefits from equity awards		56
Net cash provided by (used for) financing activities	913	(1,476)
Effect of foreign currency exchange rate changes on cash and cash equivalents	(810)	41
Change in cash and cash equivalents	(3,785)	2,114
Cash and cash equivalents, beginning of period	78,795	68,314
Cash and cash equivalents, end of period	$ 75,010	$ 70,428

DESCRIPTION OF BUSINESS, BASIS

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2015
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS	1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS Description of Business United Online, Inc. (together with its subsidiaries, "United Online" or the "Company"), through its operating subsidiaries, provides consumer services and products over the Internet under a number of brands, including NetZero, Juno, MyPoints, Classmates, StayFriends, and Trombi. Effective in the first quarter of 2015, the Company modified how it reports segment information to the Company's Chief Operating Decision Maker ("CODM") because the information regularly reviewed by the CODM had changed. As a result of the changes, the Company now reports three operating segments to the CODM, including the Communications segment, as well as separately reporting the operating results of the Commerce & Loyalty and Social Media segments (which in prior periods were reported to the CODM together as the Content & Media segment). This change has been reflected through a retroactive revision of prior-period segment information to conform to the newly-defined segment information. As discussed above, the Company reports its business in three reportable segments: Communications, Commerce & Loyalty and Social Media. The Company's primary Communications service is Internet access. The Company's Commerce & Loyalty segment promotes commerce and user engagement through its loyalty marketing service and provides a complete web, browser and mobile shopping experience through a portfolio of apps, browser extensions and online portals. The Company's Social Media segment provides social networking services and products. On a combined basis, the Company's web properties attract a significant number of Internet users and the Company offers a broad array of Internet marketing services for advertisers. The Company's corporate headquarters are located in Woodland Hills, California, and the Company also maintains offices in Seattle, Washington; Erlangen, Germany; Berlin, Germany; San Francisco, California; Schaumburg, Illinois; Fort Lee, New Jersey; and Hyderabad, India. Basis of Presentation The Company's unaudited condensed consolidated financial statements for the quarters and six months ended June 30, 2015 and 2014 have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), including those for interim financial information, and with the instructions for Quarterly Reports on Form 10-Q and Article 10 of Regulation S-X issued by the Securities and Exchange Commission (the "SEC"). Accordingly, such financial statements do not include all of the information and note disclosures required by GAAP for complete financial statements. All significant intercompany accounts and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements, in the opinion of management, reflect all adjustments (consisting only of normal recurring adjustments) that are necessary for a fair statement of the results for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for any future periods. The unaudited condensed consolidated balance sheet at December 31, 2014 was derived from the Company's audited consolidated financial statements, filed on March 2, 2015, with the SEC in the Company's Annual Report on Form 10-K for the year ended December 31, 2014, but does not include all of the disclosures required by GAAP. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities and the reported amounts of revenues and expenses. Actual results could differ from these estimates and assumptions. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes for the year ended December 31, 2014 included in the Company's Annual Report on Form 10-K. The most significant areas of the unaudited condensed consolidated financial statements that require management judgment include the Company's revenue recognition, goodwill, definite-lived intangible assets and other long-lived assets, member redemption liability, income taxes, and legal contingencies. The Company believes that its existing cash and cash equivalents and cash generated from operations will be sufficient to fund its working capital requirements, capital expenditures and other obligations through at least the next 12 months. Accounting Policies Refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2014 for a discussion of the Company's significant accounting policies. Recent Accounting Pronouncements In April 2014, the Financial Accounting Standards Board ("FASB") issued ASU No. 2014-08, Presentation of Financial Statements and Property, Plant and Equipment: Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The core principle of the guidance raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the new definition of a discontinued operation. The amendments in this ASU are effective prospectively for disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. The Company adopted the standard with no material impact on its consolidated financial statements. In May 2014, the FASB issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers . The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The amendments in this ASU will be effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. The amendments should be applied retrospectively. In July 2015, the FASB approved a one-year deferral of the effective date with early adoption permitted. The Company intends to adopt the standard effective January 1, 2018 and is currently assessing the impact of this update on its consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, Compensation—Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period . The core principle of the guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. Entities may apply the amendments in ASU No. 2014-12 either: (a) prospectively to all awards granted or modified after the effective date; or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The Company does not expect this update to have a material impact on its consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205- 40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern . The update provides GAAP guidance on management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and about related footnote disclosures. The amendments in this update are effective for annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted. The Company does not expect this update to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Fees Paid in a Cloud Computing Arrangement . The update provides GAAP guidance on evaluating the accounting for fees paid by a customer in a cloud computing arrangement. The amendments in this update also provide a basis for evaluating whether a cloud computing arrangement includes a software license. The amendments in this update are effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements. In June 2015, the FASB issued ASU No. 2015-10, Technical Corrections and Improvements . The update contains amendments that will affect a wide variety of topics in the Codification. The amendments in this update represent changes to clarify the Codification, correct unintended application of guidance, or make minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. The Company does not expect this update to have a material impact on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory . The amendments in this Update more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards (IFRS). The amendments in this Update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The amendments in this Update should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. The Company is currently assessing the impact of this update on its consolidated financial statements.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2015
SEGMENT INFORMATION
SEGMENT INFORMATION	2. SEGMENT INFORMATION Effective in the first quarter of 2015, the Company modified how it reports segment information to the Company's CODM as the information regularly reviewed by the CODM had changed. As a result of the changes, the Company now reports three operating segments to the CODM, including the Communications segment, as well as separately reporting the operating results of the Commerce & Loyalty and Social Media segments (which, in prior periods, were reported to the CODM together as the Content & Media segment). This change has been reflected through a retroactive revision of prior-period segment information to conform to the newly-defined segment information. Segment revenues and segment income (loss) from operations (which excludes depreciation and amortization of intangible assets) were as follows (in thousands): Quarter Ended June 30, 2015 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income from operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quarter Ended June 30, 2014 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income from operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2015 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income from operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2014 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income (loss) from operations $ $ ) $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ A reconciliation of segment revenues to consolidated revenues was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Segment revenues: Communications $ $ $ $ Commerce & Loyalty Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues Corporate revenues — — Intersegment eliminations ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ A reconciliation of segment operating expenses (which excludes depreciation and amortization of intangible assets) to consolidated operating expenses was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Segment operating expenses: Communications $ $ $ $ Commerce & Loyalty Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment operating expenses Depreciation Amortization of intangible assets Unallocated corporate expenses Intersegment eliminations ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated operating expenses $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ A reconciliation of segment income (loss) from operations (which excludes depreciation and amortization of intangible assets) to consolidated operating income (loss) was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Segment income (loss) from operations: Communications $ $ $ $ Commerce & Loyalty ) Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment income from operations Corporate revenues — — Depreciation ) ) ) ) Amortization of intangible assets ) ) ) ) Unallocated corporate expenses ) ) ) ) Interest income Other income, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Depreciation expense by segment was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Communications $ $ $ $ Commerce & Loyalty Social Media Unallocated corporate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total depreciation expense $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of intangible assets by segment was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Commerce & Loyalty $ $ $ $ Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total amortization expense $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Geographic revenues are attributed to countries based on the principal location of the Company's entities from which those revenues were generated. Geographic information for revenues was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 United States $ $ $ $ Germany Europe, excluding Germany ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Geographic information for long-lived assets, which consist of property and equipment and other assets, was as follows (in thousands): June 30, 2015 December 31, 2014 United States $ $ Germany Other ​ ​ ​ ​ ​ ​ ​ ​ Total long-lived assets $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment assets are not reported to, or used by, the Company's CODM to allocate resources to, or assess performance of, the segments and therefore, total segment assets have not been disclosed.

BALANCE SHEET COMPONENTS

BALANCE SHEET COMPONENTS	6 Months Ended
	Jun. 30, 2015
BALANCE SHEET COMPONENTS
BALANCE SHEET COMPONENTS	3. BALANCE SHEET COMPONENTS Inventories, Net Inventories, net, consisted of the following (in thousands): June 30, 2015 December 31, 2014 Work-in-process $ — $ Finished goods ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other Current Assets Other current assets consisted of the following (in thousands): June 30, 2015 December 31, 2014 Prepaid expenses $ $ Income taxes receivable Prepaid insurance Other ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accrued Liabilities Accrued liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Reserve for legal settlements $ $ Employee compensation and related liabilities Non-income taxes payable Income taxes payable Accrued restructuring and other exit costs Customer deposits Separation payments for an executive officer — Other ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other Liabilities Other liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Income taxes payable $ $ Other ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss were as follows (in thousands): Gains (Losses) on Cash Flow Hedging Instruments, Net of Tax Gains on Other Hedging Instruments, Net of Tax Foreign Currency Translation Accumulated Other Comprehensive Loss Balance at December 31, 2014 $ ) $ $ ) $ ) Other comprehensive income (loss) before reclassifications — ) ) Amounts reclassified from accumulated other comprehensive loss — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) — ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at June 30, 2015 $ ) $ $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ All amounts reclassified from accumulated other comprehensive loss were related to losses on derivatives classified as cash flow hedges. These reclassifications impacted technology and development expenses in the consolidated statement of operations.

GOODWILL, INTANGIBLE ASSETS AND

GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS	6 Months Ended
	Jun. 30, 2015
GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS
GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS	4. GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS Goodwill The changes in goodwill by reportable segment were as follows (in thousands): Communications Commerce & Loyalty Social Media Total Balance at December 31, 2014: Goodwill (excluding impairment charges) $ $ $ $ Accumulated impairment charges ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill at December 31, 2014 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation — — ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at June 30, 2015: Goodwill (excluding impairment charges) Accumulated impairment charges ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill at June 30, 2015 $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Intangible Assets, Net Intangible assets, net, consisted of the following (in thousands): June 30, 2015 Gross Value Accumulated Amortization Net Pay accounts and free accounts $ $ ) $ Customer contracts and relationships ) — Trademarks and trade names ) Software and technology ) Rights, content and intellectual property ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2014 Gross Value Accumulated Amortization Net Pay accounts and free accounts $ $ ) $ Customer contracts and relationships ) — Trademarks and trade names ) Software and technology ) Rights, content and intellectual property ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization expense related to intangible assets for the quarter and six months ended June 30, 2015 was $0.8 million and $1.6 million, respectively. Amortization expense related to intangible assets for the quarter and six months ended June 30, 2014 was $1.7 million and $3.3 million, respectively. Estimated future intangible assets amortization expense at June 30, 2015 was as follows (in thousands): Year Ending December 31, Jul-Dec 2015 Total 2016 2017 2018 2019 2020 Thereafter Estimated amortization of intangible assets $ $ $ $ $ $ $ $

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	6 Months Ended
	Jun. 30, 2015
DERIVATIVE INSTRUMENTS
DERIVATIVE INSTRUMENTS	5. DERIVATIVE INSTRUMENTS The fair and notional values of outstanding derivative instruments were as follows (in thousands): Fair Value of Derivative Instruments Notional Value of Derivative Instruments Balance Sheet Location June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 Derivative assets Other current assets $ $ $ $ Derivative liabilities Accrued liabilities $ — $ $ — $

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	6. FAIR VALUE MEASUREMENTS Financial Assets and Derivative Instruments The following table presents information about financial assets and derivative instruments that were required to be measured at fair value on a recurring basis (in thousands): Estimated Fair Value June 30, 2015 Description Level 1 Level 2 Total Assets: Money market funds $ $ — $ Time deposits — Derivative assets — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: Derivative liabilities $ — $ — $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ — $ — $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Estimated Fair Value December 31, 2014 Description Level 1 Level 2 Total Assets: Money market funds $ $ — $ Time deposits — Derivative assets — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: Derivative liabilities $ — $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ — $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2015
STOCKHOLDERS' EQUITY
STOCKHOLDERS' EQUITY	7. STOCKHOLDERS' EQUITY Common Stock Repurchases In May 2001, the Company's Board of Directors authorized a common stock repurchase program (the "Program") that allows the Company to repurchase shares of its common stock through open market or privately negotiated transactions based on prevailing market conditions and other factors. From time to time since then, the Board of Directors has increased the amount authorized for repurchase under this Program and has extended the Program, which is currently extended through December 31, 2015. From August 2001 through December 2014, the Company had repurchased $150.2 million of its common stock under the Program. There were no repurchases under the Program during the six months ended June 30, 2015 and, at June 30, 2015, the authorization remaining under the Program was $80.0 million. Shares withheld upon the vesting of restricted stock units and upon the issuance of stock awards to pay minimum statutory employee withholding taxes are considered common stock repurchases, but are not counted as purchases against the Program. Upon vesting of most restricted stock units or issuance of stock awards, we currently do not collect the minimum statutory withholding taxes from employees. Instead, we automatically withhold, from the restricted stock units that vest and from the stock awards that are issued, the portion of those shares with a fair market value equal to the amount of the minimum statutory employee withholding taxes due, which is accounted for as a repurchase of common stock. We then pay the minimum statutory employee withholding taxes in cash. The amounts remitted in the six months ended June 30, 2015 and 2014 were $1.3 million and $2.4 million, respectively, for which the Company withheld 0.1 million and 0.2 million shares of common stock, respectively, that were underlying the restricted stock units that vested.

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	6 Months Ended
	Jun. 30, 2015
STOCK-BASED COMPENSATION PLANS
STOCK-BASED COMPENSATION PLANS	8. STOCK-BASED COMPENSATION PLANS Stock-Based Compensation The following table summarizes the stock-based compensation that has been included in the following line items within the unaudited condensed consolidated statements of operations (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Operating expenses: Cost of revenues $ $ $ $ Sales and marketing Technology and development General and administrative ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total stock-based compensation $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Restricted Stock Units The following table summarizes activity for restricted stock units (in thousands): Nonvested at December 31, 2014 Granted Vested ) Forfeited/canceled ) ​ ​ ​ ​ ​ Nonvested at June 30, 2015 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock Options The following table summarizes activity for stock options (in thousands): Outstanding at December 31, 2014 Granted Exercised ) Forfeited/canceled ) ​ ​ ​ ​ ​ Outstanding at June 30, 2015 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2015
INCOME TAXES
INCOME TAXES	9. INCOME TAXES The Company's provision for income taxes for the quarter ended June 30, 2015 differed from the U.S. federal statutory tax rate of 34% primarily due to a provision for income taxes related to the Company's foreign operations, an income tax accrual related to certain goodwill assets, and a tax benefit related to a release of reserves for uncertain tax positions taken in prior periods. For the quarter and six months ended June 30, 2015, the Company utilized the actual effective tax rate (discrete method) in determining the domestic income tax expense, rather than the annual effective tax rate method, as allowed under ASC 740-270-30-36, Income Taxes—Interim Reporting . The Company's tax provision has an unusual relationship to pre-tax loss primarily due to the existence of a full deferred tax asset valuation allowance. This circumstance generally results in a zero net tax provision since the income tax expense or benefit that would otherwise be recognized is offset by the change in the valuation allowance. However, the tax expense recorded in the quarter and six months ended June 30, 2015 included an accrual of a non-cash tax expense of approximately $0.3 million in connection with the tax amortization of certain goodwill assets that is not available to offset existing deferred tax assets (termed "naked credits"). Specifically, the Company does not consider the deferred tax liabilities related to certain goodwill assets when determining the need for a valuation allowance. In March 2015, the Company reached an audit settlement with the Internal Revenue Service related to tax years 2009 through 2012 and, in connection with such settlement, the Company remitted approximately $6.4 million to the Internal Revenue Service in the quarter ended June 30, 2015, for which the Company had previously established a reserve.

NET INCOME (LOSS) PER COMMON SH

NET INCOME (LOSS) PER COMMON SHARE	6 Months Ended
	Jun. 30, 2015
NET INCOME (LOSS) PER COMMON SHARE
NET INCOME (LOSS) PER COMMON SHARE	10. NET INCOME (LOSS) PER COMMON SHARE The following table sets forth the computation of basic and diluted net income (loss) per common share (in thousands, except per share amounts): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Numerator: Net income (loss) $ $ ) $ $ ) Income allocated to participating securities ) — ) — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to common stockholders $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: Weighted-average common shares Add: Dilutive effect of non-participating securities — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shares used to calculate diluted net income (loss) per common share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic net income (loss) per common share $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted net income (loss) per common share $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The diluted net loss per common share computations exclude stock options and restricted stock units that are antidilutive. Weighted-average antidilutive shares for the quarter and six months ended June 30, 2015 were 0.5 million and 1.1 million, respectively. Weighted-average antidilutive shares for the quarter and six months ended June 30, 2014 were 2.0 million and 1.8 million, respectively.

RESTRUCTURING AND OTHER EXIT CO

RESTRUCTURING AND OTHER EXIT COSTS	6 Months Ended
	Jun. 30, 2015
RESTRUCTURING AND OTHER EXIT COSTS
RESTRUCTURING AND OTHER EXIT COSTS	11. RESTRUCTURING AND OTHER EXIT COSTS Restructuring and other exit costs were a result of management's decision to streamline operations, prioritize resources for growth initiatives and increase profitability. The following tables summarize restructuring and other exit costs (in thousands): Accrued restructuring and other exit costs at December 31, 2014 $ Restructuring and other exit costs Cash paid for restructuring and other exit costs ) ​ ​ ​ ​ ​ Accrued restructuring and other exit costs at June 30, 2015 $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2015 Communications Commerce & Loyalty Social Media Corporate Total Restructuring and other exit costs: Employee termination costs $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total restructuring and other exit costs $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2014 Communications Commerce & Loyalty Social Media Corporate Total Restructuring and other exit costs: Employee termination costs $ $ $ $ $ Facility closure and relocation costs — — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total restructuring and other exit costs $ $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

CONTINGENCIES-LEGAL MATTERS

CONTINGENCIES-LEGAL MATTERS	6 Months Ended
	Jun. 30, 2015
CONTINGENCIES-LEGAL MATTERS
CONTINGENCIES-LEGAL MATTERS	12. CONTINGENCIES—LEGAL MATTERS In June 2011, Memory Lane, Inc., a California corporation, filed a complaint in United States District Court, Central District of California, against Classmates International, Inc., Classmates Online, Inc. and Classmates, Inc. (then known as Memory Lane, Inc.) ("Classmates"), alleging false designation of origin under the Lanham Act, 15 U.S.C. section 1125, and state and common law unfair competition. The complaint included requests for an award of damages and for preliminary and permanent injunctive relief. Notwithstanding the request for preliminary injunctive relief, no motion for such relief was filed. Classmates responded to the complaint in September 2011. In October 2011, the plaintiff amended its complaint to, among other things, dismiss Classmates International, Inc. and add United Online, Inc. as a defendant. In February 2014, the jury issued a verdict for the defendants, concluding that the defendants did not infringe plaintiff's trademark and the court entered judgment in favor of the defendants. In March 2014 plaintiff filed a notice of appeal of the judgment in favor of defendants. The plaintiff's appeal brief was filed in November 2014. Classmates' opposition brief was filed in December 2014. Plaintiff's reply brief was filed on March 2, 2015. Classmates' reply brief was filed on April 15, 2015. In March 2014, Modern Telecom Systems LLC filed a complaint in the United States District Court for the Central District of California, Southern Division, against Juno Online Services, Inc. and NetZero, Inc. alleging infringement of certain patents relating to the commercial operation of their dial-up internet services. The complaint sought an injunction, damages and other relief. On July 7, 2015, United Online, Inc. and Modern Telecom Systems LLC entered into a settlement agreement with respect to this matter and on July 9, 2015 the parties filed a stipulation of dismissal of all claims and counterclaims in this action, with prejudice. Under the terms of the settlement agreement, United Online, Inc. agreed to pay $95,000 to Modern Telecom Systems LLC, which was paid in July 2015. The Company cooperated with certain governmental authorities in connection with their respective investigations of its former post-transaction sales practices and certain other current or former business practices. • In 2010, Classmates, Inc. ("Classmates"), and Florists' Transworld Delivery, Inc. and FTD.COM Inc. (together, the "FTD Parties") received subpoenas from the Attorney General for the State of Kansas and the Attorney General for the State of Maryland, respectively. These subpoenas were issued on behalf of a Multistate Work Group that consists of the Attorneys General for the following states: Alabama, Alaska, Delaware, Florida, Idaho, Illinois, Kansas, Maine, Maryland, Michigan, Nebraska, New Mexico, New Jersey, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Texas, Vermont, Washington and Wisconsin (the "Multistate Work Group"). The inquiry concerned certain post-transaction sales practices in which these companies previously engaged with certain third-party vendors and certain auto-renewal practices of Classmates, Inc. In the second quarter of 2012, the Company received an offer of settlement from the Multistate Work Group. The Company rejected the Multistate Work Group's 2012 offer and has since had ongoing discussions with the Multistate Work Group regarding a negotiated resolution. In addition, there have been a series of offers and counter-offers between the parties. In May 2015, Classmates and the FTD Parties entered into settlement agreements with each member of the Multistate Work Group. Under the terms of the settlement agreements, Classmates and the FTD Parties denied all wrong-doing and agreed to certain injunctive relief and to two areas of monetary relief: (1) a payment from Classmates and the FTD Parties in the aggregate amount of $8 million to be distributed amongst the states in the Multistate Work Group (with approximately $5.18 million to be paid by Classmates and approximately $2.82 million to be paid by the FTD Parties); and (2) Classmates funding a $3 million restitution program covering eligible consumers in the states in the Multistate Work Group, with any restitution not paid to consumers being paid to such states. The Classmates portion of the payments described above relating to the settlement agreements was paid by Classmates in July 2015. In November 2013, we consummated the separation of our company into two independent, publicly-traded companies: United Online, Inc., which continues to operate our current business segments, and FTD Companies, Inc., which includes the domestic and international operations of our former FTD segment (the "FTD Spin-Off Transaction"). Prior to the completion of the FTD Spin-Off Transaction, the Company and FTD Companies, Inc. entered into a Separation and Distribution Agreement (the "Separation Agreement"). The Separation Agreement addresses, among other things, the control and settlement of certain litigation matters that relate to the Company (and certain subsidiaries) and FTD Companies, Inc. (and certain subsidiaries), including the matters related to the Multistate Work Group. The Separation Agreement also provides for the allocation of liabilities and expenses between the Company and FTD Companies, Inc. with respect to these matters. It also establishes procedures with respect to claims subject to indemnification, insurance claims and related matters. The Separation Agreement was amended in May 2015, and the amendment is being filed as Exhibit 2.1 to this Quarterly Report on Form 10-Q. The Company cannot predict the outcome of these or any other legal actions or governmental investigations or their potential implications for its business. In addition, the Company, at times, has negotiated resolutions related to certain legal actions and governmental investigations. There are no assurances that additional legal actions or governmental investigations will not be instituted in connection with the Company's current or former business practices. The Company records a liability when it believes that it is both probable that a loss will be incurred, and the amount of loss can be reasonably estimated. The Company evaluates, at least quarterly, developments in its legal matters that could affect the amount of liability that has been previously accrued, and makes adjustments as appropriate. Significant judgment is required to determine both probability and the estimated amount. The Company may be unable to estimate a possible loss or range of possible loss due to various reasons, including, among others: (i) if the damages sought are indeterminate; (ii) if the proceedings are in early stages; (iii) if there is uncertainty as to the outcome of pending appeals, motions, or settlements; (iv) if there are significant factual issues to be determined or resolved; and (v) if there are novel or unsettled legal theories presented. In such instances, there is considerable uncertainty regarding the ultimate resolution of such matters, including a possible eventual loss, if any. At June 30, 2015, the Company had reserves totaling $8.4 million for estimated losses related to legal matters, including the Multistate Work Group matter. With respect to the legal matters described above, excluding the Multistate Work Group's inquiry of Classmates and the Modern Telecom Systems complaint, the Company has determined, based on its current knowledge, that the amount of possible loss or range of loss, including any reasonably possible losses in excess of amounts already accrued, is not reasonably estimable. However, legal matters are inherently unpredictable and subject to significant uncertainties, some of which are beyond the Company's control. As such, even though the Company intends to vigorously defend itself with respect to its legal matters, there can be no assurance that the final outcome of these matters will not materially and adversely affect the Company's business, financial condition, results of operations, or cash flows.

DESCRIPTION OF BUSINESS, BASI20

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	6 Months Ended
	Jun. 30, 2015
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS
Basis of Presentation	Basis of Presentation The Company's unaudited condensed consolidated financial statements for the quarters and six months ended June 30, 2015 and 2014 have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), including those for interim financial information, and with the instructions for Quarterly Reports on Form 10-Q and Article 10 of Regulation S-X issued by the Securities and Exchange Commission (the "SEC"). Accordingly, such financial statements do not include all of the information and note disclosures required by GAAP for complete financial statements. All significant intercompany accounts and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements, in the opinion of management, reflect all adjustments (consisting only of normal recurring adjustments) that are necessary for a fair statement of the results for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for any future periods. The unaudited condensed consolidated balance sheet at December 31, 2014 was derived from the Company's audited consolidated financial statements, filed on March 2, 2015, with the SEC in the Company's Annual Report on Form 10-K for the year ended December 31, 2014, but does not include all of the disclosures required by GAAP. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities and the reported amounts of revenues and expenses. Actual results could differ from these estimates and assumptions. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes for the year ended December 31, 2014 included in the Company's Annual Report on Form 10-K. The most significant areas of the unaudited condensed consolidated financial statements that require management judgment include the Company's revenue recognition, goodwill, definite-lived intangible assets and other long-lived assets, member redemption liability, income taxes, and legal contingencies. The Company believes that its existing cash and cash equivalents and cash generated from operations will be sufficient to fund its working capital requirements, capital expenditures and other obligations through at least the next 12 months.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In April 2014, the Financial Accounting Standards Board ("FASB") issued ASU No. 2014-08, Presentation of Financial Statements and Property, Plant and Equipment: Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The core principle of the guidance raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the new definition of a discontinued operation. The amendments in this ASU are effective prospectively for disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. The Company adopted the standard with no material impact on its consolidated financial statements. In May 2014, the FASB issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers . The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The amendments in this ASU will be effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. The amendments should be applied retrospectively. In July 2015, the FASB approved a one-year deferral of the effective date with early adoption permitted. The Company intends to adopt the standard effective January 1, 2018 and is currently assessing the impact of this update on its consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, Compensation—Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period . The core principle of the guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. Entities may apply the amendments in ASU No. 2014-12 either: (a) prospectively to all awards granted or modified after the effective date; or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The Company does not expect this update to have a material impact on its consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205- 40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern . The update provides GAAP guidance on management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and about related footnote disclosures. The amendments in this update are effective for annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted. The Company does not expect this update to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Fees Paid in a Cloud Computing Arrangement . The update provides GAAP guidance on evaluating the accounting for fees paid by a customer in a cloud computing arrangement. The amendments in this update also provide a basis for evaluating whether a cloud computing arrangement includes a software license. The amendments in this update are effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements. In June 2015, the FASB issued ASU No. 2015-10, Technical Corrections and Improvements . The update contains amendments that will affect a wide variety of topics in the Codification. The amendments in this update represent changes to clarify the Codification, correct unintended application of guidance, or make minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. The Company does not expect this update to have a material impact on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory . The amendments in this Update more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards (IFRS). The amendments in this Update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The amendments in this Update should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. The Company is currently assessing the impact of this update on its consolidated financial statements.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2015
SEGMENT INFORMATION
Schedule of segment revenues and segment income (loss) from operations	Segment revenues and segment income (loss) from operations (which excludes depreciation and amortization of intangible assets) were as follows (in thousands): Quarter Ended June 30, 2015 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income from operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quarter Ended June 30, 2014 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income from operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2015 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income from operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2014 Communications Commerce & Loyalty Social Media Total Services revenues $ $ — $ $ Products revenues — Advertising and other revenues ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment income (loss) from operations $ $ ) $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of reconciliation of segment revenues to consolidated revenues	A reconciliation of segment revenues to consolidated revenues was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Segment revenues: Communications $ $ $ $ Commerce & Loyalty Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment revenues Corporate revenues — — Intersegment eliminations ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of reconciliation of segment operating expenses to consolidated operating expenses	A reconciliation of segment operating expenses (which excludes depreciation and amortization of intangible assets) to consolidated operating expenses was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Segment operating expenses: Communications $ $ $ $ Commerce & Loyalty Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment operating expenses Depreciation Amortization of intangible assets Unallocated corporate expenses Intersegment eliminations ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated operating expenses $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of reconciliation of segment income (loss) from operations to consolidated operating income (loss)	A reconciliation of segment income (loss) from operations (which excludes depreciation and amortization of intangible assets) to consolidated operating income (loss) was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Segment income (loss) from operations: Communications $ $ $ $ Commerce & Loyalty ) Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total segment income from operations Corporate revenues — — Depreciation ) ) ) ) Amortization of intangible assets ) ) ) ) Unallocated corporate expenses ) ) ) ) Interest income Other income, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of depreciation expense and amortization of intangible assets by segment	Depreciation expense by segment was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Communications $ $ $ $ Commerce & Loyalty Social Media Unallocated corporate ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total depreciation expense $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of intangible assets by segment was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Commerce & Loyalty $ $ $ $ Social Media ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total amortization expense $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of geographic information for revenues	Geographic revenues are attributed to countries based on the principal location of the Company's entities from which those revenues were generated. Geographic information for revenues was as follows (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 United States $ $ $ $ Germany Europe, excluding Germany ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated revenues $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of geographic information for long-lived assets	Geographic information for long-lived assets, which consist of property and equipment and other assets, was as follows (in thousands): June 30, 2015 December 31, 2014 United States $ $ Germany Other ​ ​ ​ ​ ​ ​ ​ ​ Total long-lived assets $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

BALANCE SHEET COMPONENTS (Table

BALANCE SHEET COMPONENTS (Tables)	6 Months Ended
	Jun. 30, 2015
BALANCE SHEET COMPONENTS
Schedule of inventories	Inventories, net, consisted of the following (in thousands): June 30, 2015 December 31, 2014 Work-in-process $ — $ Finished goods ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of other current assets	Other current assets consisted of the following (in thousands): June 30, 2015 December 31, 2014 Prepaid expenses $ $ Income taxes receivable Prepaid insurance Other ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of accrued liabilities	Accrued liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Reserve for legal settlements $ $ Employee compensation and related liabilities Non-income taxes payable Income taxes payable Accrued restructuring and other exit costs Customer deposits Separation payments for an executive officer — Other ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of other liabilities	Other liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Income taxes payable $ $ Other ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of components of accumulated other comprehensive loss	The components of accumulated other comprehensive loss were as follows (in thousands): Gains (Losses) on Cash Flow Hedging Instruments, Net of Tax Gains on Other Hedging Instruments, Net of Tax Foreign Currency Translation Accumulated Other Comprehensive Loss Balance at December 31, 2014 $ ) $ $ ) $ ) Other comprehensive income (loss) before reclassifications — ) ) Amounts reclassified from accumulated other comprehensive loss — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) — ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at June 30, 2015 $ ) $ $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

GOODWILL, INTANGIBLE ASSETS A23

GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS (Tables)	6 Months Ended
	Jun. 30, 2015
GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS
Schedule of changes in goodwill by reportable segment	The changes in goodwill by reportable segment were as follows (in thousands): Communications Commerce & Loyalty Social Media Total Balance at December 31, 2014: Goodwill (excluding impairment charges) $ $ $ $ Accumulated impairment charges ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill at December 31, 2014 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation — — ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at June 30, 2015: Goodwill (excluding impairment charges) Accumulated impairment charges ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goodwill at June 30, 2015 $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of intangible assets, net	Intangible assets, net, consisted of the following (in thousands): June 30, 2015 Gross Value Accumulated Amortization Net Pay accounts and free accounts $ $ ) $ Customer contracts and relationships ) — Trademarks and trade names ) Software and technology ) Rights, content and intellectual property ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2014 Gross Value Accumulated Amortization Net Pay accounts and free accounts $ $ ) $ Customer contracts and relationships ) — Trademarks and trade names ) Software and technology ) Rights, content and intellectual property ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of estimated future intangible assets amortization expense	Estimated future intangible assets amortization expense at June 30, 2015 was as follows (in thousands): Year Ending December 31, Jul-Dec 2015 Total 2016 2017 2018 2019 2020 Thereafter Estimated amortization of intangible assets $ $ $ $ $ $ $ $

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
DERIVATIVE INSTRUMENTS
Schedule of fair values and notional values of outstanding derivative instruments	The fair and notional values of outstanding derivative instruments were as follows (in thousands): Fair Value of Derivative Instruments Notional Value of Derivative Instruments Balance Sheet Location June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 Derivative assets Other current assets $ $ $ $ Derivative liabilities Accrued liabilities $ — $ $ — $

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
FAIR VALUE MEASUREMENTS
Schedule of financial assets and derivative instruments measured at fair value on a recurring basis	The following table presents information about financial assets and derivative instruments that were required to be measured at fair value on a recurring basis (in thousands): Estimated Fair Value June 30, 2015 Description Level 1 Level 2 Total Assets: Money market funds $ $ — $ Time deposits — Derivative assets — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: Derivative liabilities $ — $ — $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ — $ — $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Estimated Fair Value December 31, 2014 Description Level 1 Level 2 Total Assets: Money market funds $ $ — $ Time deposits — Derivative assets — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: Derivative liabilities $ — $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ — $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	6 Months Ended
	Jun. 30, 2015
STOCK-BASED COMPENSATION PLANS
Schedule of the stock-based compensation included in condensed consolidated statements of operations	The following table summarizes the stock-based compensation that has been included in the following line items within the unaudited condensed consolidated statements of operations (in thousands): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Operating expenses: Cost of revenues $ $ $ $ Sales and marketing Technology and development General and administrative ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total stock-based compensation $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of activity for restricted stock units	The following table summarizes activity for restricted stock units (in thousands): Nonvested at December 31, 2014 Granted Vested ) Forfeited/canceled ) ​ ​ ​ ​ ​ Nonvested at June 30, 2015 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of stock option activity	The following table summarizes activity for stock options (in thousands): Outstanding at December 31, 2014 Granted Exercised ) Forfeited/canceled ) ​ ​ ​ ​ ​ Outstanding at June 30, 2015 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

NET INCOME (LOSS) PER COMMON 27

NET INCOME (LOSS) PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2015
NET INCOME (LOSS) PER COMMON SHARE
Schedule of computation of basic and diluted net income (loss) per common share	The following table sets forth the computation of basic and diluted net income (loss) per common share (in thousands, except per share amounts): Quarter Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Numerator: Net income (loss) $ $ ) $ $ ) Income allocated to participating securities ) — ) — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to common stockholders $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: Weighted-average common shares Add: Dilutive effect of non-participating securities — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shares used to calculate diluted net income (loss) per common share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic net income (loss) per common share $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted net income (loss) per common share $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

RESTRUCTURING AND OTHER EXIT 28

RESTRUCTURING AND OTHER EXIT COSTS (Tables)	6 Months Ended
	Jun. 30, 2015
RESTRUCTURING AND OTHER EXIT COSTS
Schedule of restructuring and other exit costs	The following tables summarize restructuring and other exit costs (in thousands): Accrued restructuring and other exit costs at December 31, 2014 $ Restructuring and other exit costs Cash paid for restructuring and other exit costs ) ​ ​ ​ ​ ​ Accrued restructuring and other exit costs at June 30, 2015 $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2015 Communications Commerce & Loyalty Social Media Corporate Total Restructuring and other exit costs: Employee termination costs $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total restructuring and other exit costs $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2014 Communications Commerce & Loyalty Social Media Corporate Total Restructuring and other exit costs: Employee termination costs $ $ $ $ $ Facility closure and relocation costs — — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total restructuring and other exit costs $ $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

DESCRIPTION OF BUSINESS, BASI29

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS (Details) - 6 months ended Jun. 30, 2015 - segment	Total
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS
Number of operating segments	3
Number of reportable segments	3
Minimum period for which existing cash and cash equivalents and cash generated from operations will be sufficient to service debt obligations and payments	12 months

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)
SEGMENT INFORMATION
Number of operating segments | segment			3
SEGMENT INFORMATION
Total segment revenues	$ 50,064	$ 54,600	$ 99,971	$ 109,969
Segment income (loss) from operations	3,197	(399)	2,890	(8,988)
Operating segments
SEGMENT INFORMATION
Services revenues	33,034	36,491	66,585	73,369
Products revenues	1,997	2,376	4,272	4,789
Advertising and other revenues	15,292	15,944	29,634	32,170
Total segment revenues	50,323	54,811	100,491	110,328
Segment income (loss) from operations	11,118	11,087	20,347	16,750
Operating segments | Communications
SEGMENT INFORMATION
Services revenues	16,415	17,409	33,391	34,777
Products revenues	1,005	1,444	2,775	3,441
Advertising and other revenues	5,788	7,342	11,306	13,651
Total segment revenues	23,208	26,195	47,472	51,869
Segment income (loss) from operations	6,382	8,434	11,459	13,953
Operating segments | Commerce & Loyalty
SEGMENT INFORMATION
Advertising and other revenues	8,260	7,355	15,405	15,954
Total segment revenues	8,260	7,355	15,405	15,954
Segment income (loss) from operations	56	87	3	(1,535)
Operating segments | Social Media
SEGMENT INFORMATION
Services revenues	16,619	19,082	33,194	38,592
Products revenues	992	932	1,497	1,348
Advertising and other revenues	1,244	1,247	2,923	2,565
Total segment revenues	18,855	21,261	37,614	42,505
Segment income (loss) from operations	$ 4,680	$ 2,566	$ 8,885	$ 4,332

SEGMENT INFORMATION (Details 2)

SEGMENT INFORMATION (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment revenues:
Revenues	$ 50,064	$ 54,600	$ 99,971	$ 109,969
Operating segments
Segment revenues:
Revenues	50,323	54,811	100,491	110,328
Operating segments | Communications
Segment revenues:
Revenues	23,208	26,195	47,472	51,869
Operating segments | Commerce & Loyalty
Segment revenues:
Revenues	8,260	7,355	15,405	15,954
Operating segments | Social Media
Segment revenues:
Revenues	18,855	21,261	37,614	42,505
Corporate
Segment revenues:
Revenues		6		100
Intersegment eliminations
Segment revenues:
Revenues	$ (259)	$ (217)	$ (520)	$ (459)

SEGMENT INFORMATION (Details 3)

SEGMENT INFORMATION (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment operating expenses:
Consolidated operating expenses	$ 46,867	$ 54,999	$ 97,081	$ 118,957
Operating segments
Segment operating expenses:
Consolidated operating expenses	39,205	43,724	80,144	93,578
Operating segments | Communications
Segment operating expenses:
Consolidated operating expenses	16,826	17,761	36,013	37,916
Depreciation	696	732	1,464	1,481
Operating segments | Commerce & Loyalty
Segment operating expenses:
Consolidated operating expenses	8,204	7,268	15,402	17,489
Depreciation	374	337	726	916
Amortization of intangible assets	71	71	143	142
Operating segments | Social Media
Segment operating expenses:
Consolidated operating expenses	14,175	18,695	28,729	38,173
Depreciation	1,593	2,250	3,280	4,212
Amortization of intangible assets	771	1,596	1,491	3,182
Reconciling items
Segment operating expenses:
Depreciation	2,820	3,426	5,794	6,814
Amortization of intangible assets	842	1,667	1,634	3,324
Unallocated amounts
Segment operating expenses:
Depreciation	157	107	324	205
Corporate expenses	4,259	6,399	10,029	15,700
Intersegment eliminations
Segment operating expenses:
Corporate expenses	$ (259)	$ (217)	$ (520)	$ (459)

SEGMENT INFORMATION (Details 4)

SEGMENT INFORMATION (Details 4) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment income (loss) from operations:
Segment income (loss) from operations	$ 3,197	$ (399)	$ 2,890	$ (8,988)
Income (loss) before income taxes	3,290	(245)	3,141	(8,729)
Operating segments
Segment income (loss) from operations:
Segment income (loss) from operations	11,118	11,087	20,347	16,750
Operating segments | Communications
Segment income (loss) from operations:
Segment income (loss) from operations	6,382	8,434	11,459	13,953
Depreciation	(696)	(732)	(1,464)	(1,481)
Operating segments | Commerce & Loyalty
Segment income (loss) from operations:
Segment income (loss) from operations	56	87	3	(1,535)
Depreciation	(374)	(337)	(726)	(916)
Amortization of intangible assets	(71)	(71)	(143)	(142)
Operating segments | Social Media
Segment income (loss) from operations:
Segment income (loss) from operations	4,680	2,566	8,885	4,332
Depreciation	(1,593)	(2,250)	(3,280)	(4,212)
Amortization of intangible assets	(771)	(1,596)	(1,491)	(3,182)
Unallocated amounts
Segment income (loss) from operations:
Depreciation	(157)	(107)	(324)	(205)
Corporate expenses	(4,259)	(6,399)	(10,029)	(15,700)
Reconciling items
Segment income (loss) from operations:
Depreciation	(2,820)	(3,426)	(5,794)	(6,814)
Amortization of intangible assets	(842)	(1,667)	(1,634)	(3,324)
Interest income	91	99	181	191
Other income, net	$ 2	55	$ 70	68
Corporate
Segment income (loss) from operations:
Corporate Revenue		$ 6		$ 100

SEGMENT INFORMATION (Details 5)

SEGMENT INFORMATION (Details 5) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Revenues from external customers and long-lived assets
Revenues	$ 50,064	$ 54,600	$ 99,971	$ 109,969
Total long-lived assets	23,983		23,983		$ 24,147
United States
Revenues from external customers and long-lived assets
Revenues	43,969	46,494	88,123	93,974
Total long-lived assets	20,922		20,922		20,988
Germany
Revenues from external customers and long-lived assets
Revenues	5,109	6,632	9,813	12,958
Total long-lived assets	2,848		2,848		2,928
Europe excluding Germany
Revenues from external customers and long-lived assets
Revenues	986	$ 1,474	2,035	$ 3,037
Other
Revenues from external customers and long-lived assets
Total long-lived assets	$ 213		$ 213		$ 231

BALANCE SHEET COMPONENTS (Detai

BALANCE SHEET COMPONENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventories
Work-in-process		$ 411
Finished goods	$ 5,989	5,005
Total inventories	5,989	5,416
Other Current Assets
Prepaid expenses	3,391	3,334
Income taxes receivable	2,555	881
Prepaid insurance	610	1,319
Other	2,037	2,246
Total other current assets	$ 8,593	$ 7,780

BALANCE SHEET COMPONENTS (Det36

BALANCE SHEET COMPONENTS (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accrued Liabilities
Reserve for legal settlements	$ 8,368	$ 8,178
Employee compensation and related liabilities	8,180	13,376
Non-income taxes payable	549	593
Income taxes payable	411	6,345
Accrued restructuring and other exit costs	328	206
Customer deposits	133	179
Separation payments for an executive officer		859
Other	951	1,093
Total accrued Liabilities	18,920	30,829
Other liabilities
Income taxes payable	3,733	3,571
Other	3,662	2,195
Total	$ 7,395	$ 5,766

BALANCE SHEET COMPONENTS (Det37

BALANCE SHEET COMPONENTS (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated other comprehensive loss
Balance at the beginning of period			$ (3,158)
Other comprehensive income (loss) before reclassifications			(322)
Amounts reclassified from accumulated other comprehensive loss			39
Other comprehensive income (loss)	$ 123	$ (70)	(283)	$ 140
Balance at the end of period	(3,441)		(3,441)
Gains (Losses) on Cash Flow Hedging Instruments, Net of Tax
Accumulated other comprehensive loss
Balance at the beginning of period			(49)
Other comprehensive income (loss) before reclassifications			7
Amounts reclassified from accumulated other comprehensive loss			39
Other comprehensive income (loss)			46
Balance at the end of period	(3)		(3)
Gains on Other Hedging Instruments, Net of Tax
Accumulated other comprehensive loss
Balance at the beginning of period			168
Balance at the end of period	168		168
Foreign Currency Translation
Accumulated other comprehensive loss
Balance at the beginning of period			(3,277)
Other comprehensive income (loss) before reclassifications			(329)
Other comprehensive income (loss)			(329)
Balance at the end of period	$ (3,606)		$ (3,606)

GOODWILL, INTANGIBLE ASSETS A38

GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Jun. 30, 2015
Goodwill
Goodwill (excluding impairment charges)	$ 150,798	$ 150,785
Accumulated impairment charges	(87,784)	(87,784)
Goodwill	63,014	63,001
Foreign currency translation	(13)
Communications
Goodwill
Goodwill (excluding impairment charges)	13,227	13,227
Accumulated impairment charges	(5,738)	(5,738)
Goodwill	7,489	7,489
Commerce & Loyalty
Goodwill
Goodwill (excluding impairment charges)	49,122	49,122
Accumulated impairment charges	(26,606)	(26,606)
Goodwill	22,516	22,516
Social Media
Goodwill
Goodwill (excluding impairment charges)	88,449	88,436
Accumulated impairment charges	(55,440)	(55,440)
Goodwill	33,009	$ 32,996
Foreign currency translation	$ (13)

GOODWILL, INTANGIBLE ASSETS A39

GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Intangible Assets, Net
Gross Value	$ 160,782	$ 160,385
Accumulated Amortization	(152,558)	(150,938)
Net	8,224	9,447
Pay accounts and free accounts
Intangible Assets, Net
Gross Value	103,217	103,203
Accumulated Amortization	(101,913)	(101,575)
Net	1,304	1,628
Customer contracts and relationships
Intangible Assets, Net
Gross Value	7,900	7,900
Accumulated Amortization	(7,900)	(7,900)
Trademarks and trade names
Intangible Assets, Net
Gross Value	26,082	26,082
Accumulated Amortization	(25,868)	(25,725)
Net	214	357
Software and technology
Intangible Assets, Net
Gross Value	8,488	8,494
Accumulated Amortization	(7,363)	(6,996)
Net	1,125	1,498
Rights, content and intellectual property
Intangible Assets, Net
Gross Value	15,095	14,706
Accumulated Amortization	(9,514)	(8,742)
Net	$ 5,581	$ 5,964

GOODWILL, INTANGIBLE ASSETS A40

GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS
Amortization of intangible assets	$ 800	$ 1,700	$ 1,600	$ 3,300
Estimated amortization of intangible assets
Total	8,224		8,224
Jul-Dec 2015	1,692		1,692
2,016	2,783		2,783
2,017	1,853		1,853
2,018	902		902
2,019	543		543
2,020	300		300
Thereafter	$ 151		$ 151

DERIVATIVE INSTRUMENTS (Details

DERIVATIVE INSTRUMENTS (Details) - Derivatives designated as hedging instruments - Cash Flow Hedging Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other current assets
Fair and notional values of outstanding derivative instruments, Balance Sheet Location
Fair Value of Derivative Assets	$ 124	$ 149
Notional Value of Derivative Assets	$ 835	1,594
Accrued liabilities
Fair and notional values of outstanding derivative instruments, Balance Sheet Location
Fair Value of Derivative Instruments, Accrued liabilities		18
Notional Value of Derivative Instruments, Accrued liabilities		$ 867

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - Recurring basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Total Fair Value
Assets:
Money market funds	$ 30,759	$ 42,741
Time deposits	5,574	8,041
Derivative assets	124	149
Total	36,457	50,931
Liabilities:
Derivative liabilities		18
Total		18
Level 1 Fair Value
Assets:
Money market funds	30,759	42,741
Total	30,759	42,741
Level 2 Fair Value
Assets:
Time deposits	5,574	8,041
Derivative assets	124	149
Total	$ 5,698	8,190
Liabilities:
Derivative liabilities		18
Total		$ 18

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) shares in Millions, $ in Millions	6 Months Ended		161 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Common Stock Repurchases
Amount of stock repurchased under stock repurchase program	$ 0		$ 150.2
Remaining authorization under the stock repurchase program	80
Remittances for withholding tax	$ 1.3	$ 2.4
Common stock shares withheld to pay employee tax withholding	0.1	0.2

STOCK-BASED COMPENSATION PLAN44

STOCK-BASED COMPENSATION PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-Based Compensation
Total stock-based compensation	$ 1,615	$ 2,031	$ 3,520	$ 4,902
Cost of revenues
Stock-Based Compensation
Total stock-based compensation	49	30	119	88
Sales and marketing
Stock-Based Compensation
Total stock-based compensation	146	119	298	299
Technology and development
Stock-Based Compensation
Total stock-based compensation	241	224	619	589
General and administrative
Stock-Based Compensation
Total stock-based compensation	$ 1,179	$ 1,658	$ 2,484	$ 3,926

STOCK-BASED COMPENSATION PLAN45

STOCK-BASED COMPENSATION PLANS (Details 2) - Restricted Stock Units shares in Thousands	6 Months Ended
	Jun. 30, 2015shares
Restricted Stock Units
Nonvested at the beginning of the period (in shares)	805
Granted (in shares)	240
Vested (in shares)	(333)
Forfeited/canceled (in shares)	(108)
Nonvested at the end of the period (in shares)	604

STOCK-BASED COMPENSATION PLAN46

STOCK-BASED COMPENSATION PLANS (Details 3) - Stock Options shares in Thousands	6 Months Ended
	Jun. 30, 2015shares
Options Outstanding
Outstanding at the beginning of the period (in shares)	947
Granted (in shares)	452
Exercised (in shares)	(112)
Forfeited/canceled (in shares)	(257)
Outstanding at the end of the period (in shares)	1,030

INCOME TAXES (Details)

INCOME TAXES (Details) - Jun. 30, 2015 - USD ($) $ in Millions	Total	Total
Income taxes
U.S. federal taxes at statutory tax rate (as a percent)	34.00%
Non-cash tax expense relating to tax amortization of certain goodwill assets	$ 0.3	$ 0.3
IRS
Income taxes
Income taxes paid in connection with audit settlement	$ 6.4

NET INCOME (LOSS) PER COMMON 48

NET INCOME (LOSS) PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net income (loss)	$ 2,357	$ (2,250)	$ 1,498	$ (12,637)
Income allocated to participating securities	(96)		(66)
Net income (loss) attributable to common stockholders	$ 2,261	$ (2,250)	$ 1,432	$ (12,637)
Denominator:
Weighted-average common shares	14,663	14,130	14,547	14,014
Add: Dilutive effect of non-participating securities (in shares)	124		98
Shares used to calculate diluted net income (loss) per common share	14,787	14,130	14,645	14,014
Basic net income (loss) per common share (in dollars per share)	$ 0.15	$ (0.16)	$ 0.10	$ (0.90)
Diluted net income (loss) per common share (in dollars per share)	$ 0.15	$ (0.16)	$ 0.10	$ (0.90)
Weighted-average antidilutive shares	500	2,000	1,100	1,800

RESTRUCTURING AND OTHER EXIT 49

RESTRUCTURING AND OTHER EXIT COSTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in restructuring and other exit costs
Accrued restructuring and other exit costs at the beginning of the period			$ 206
Restructuring and other exit costs	$ 822	$ 331	967	$ 2,587
Cash paid for restructuring and other exit costs			(845)
Accrued restructuring and other exit costs at the end of the period	$ 328		328
Operating segments | Communications
Changes in restructuring and other exit costs
Restructuring and other exit costs			933	179
Operating segments | Commerce & Loyalty
Changes in restructuring and other exit costs
Restructuring and other exit costs			(2)	1,093
Operating segments | Social Media
Changes in restructuring and other exit costs
Restructuring and other exit costs			2	364
Corporate
Changes in restructuring and other exit costs
Restructuring and other exit costs			34	951
Employee Termination Costs
Changes in restructuring and other exit costs
Restructuring and other exit costs			967	2,578
Employee Termination Costs | Operating segments | Communications
Changes in restructuring and other exit costs
Restructuring and other exit costs			933	170
Employee Termination Costs | Operating segments | Commerce & Loyalty
Changes in restructuring and other exit costs
Restructuring and other exit costs			(2)	1,093
Employee Termination Costs | Operating segments | Social Media
Changes in restructuring and other exit costs
Restructuring and other exit costs			2	364
Employee Termination Costs | Corporate
Changes in restructuring and other exit costs
Restructuring and other exit costs			$ 34	951
Facility Closure and Relocation Costs
Changes in restructuring and other exit costs
Restructuring and other exit costs				9
Facility Closure and Relocation Costs | Operating segments | Communications
Changes in restructuring and other exit costs
Restructuring and other exit costs				$ 9

CONTINGENCIES-LEGAL MATTERS (De

CONTINGENCIES-LEGAL MATTERS (Details)	1 Months Ended
	Jul. 31, 2015USD ($)	May. 31, 2015USD ($)item	Jun. 30, 2015USD ($)	Nov. 30, 2013item
Legal Matters
Number of independent, publicly-traded companies | item				2
Settlement reserve			$ 8,400,000
Infringement of patents of dial-up internet services | Modern Telecom Systems LLC
Legal Matters
Payments of settlement amount	$ 95,000
Offer of settlement from Multistate Work Group | Classmates and FTD.COM
Legal Matters
Litigation settlement amount		$ 8,000,000
Number of areas of monetary relief | item		2
Offer of settlement from Multistate Work Group | Classmates
Legal Matters
Payments of settlement amount		$ 5,180,000
Payment for violations alleged by the Multistate Work Group		3,000,000
Offer of settlement from Multistate Work Group | FTD.COM Inc
Legal Matters
Payments of settlement amount		$ 2,820,000