Exhibit 99.1
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Six months ended June 30, 2005 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 85,056,000 | $ | 39,760,000 | $ | 43,033,000 | $ | 65,133,000 | $ | 32,711,000 | $ | 14,905,000 | $ | (1,322,000 | ) | $ | 279,276,000 | ||||||||
Reimbursed government fee revenue | — | 20,162,000 | — | 5,460,000 | — | — | (1,153,000 | ) | 24,469,000 | ||||||||||||||||
Total revenue | 85,056,000 | 59,922,000 | 43,033,000 | 70,593,000 | 32,711,000 | 14,905,000 | (2,475,000 | ) | 303,745,000 | ||||||||||||||||
Cost of service revenue | 27,573,000 | 5,304,000 | 21,119,000 | 20,030,000 | 4,195,000 | 6,246,000 | (1,322,000 | ) | 83,145,000 | ||||||||||||||||
Government fees paid | — | 20,162,000 | — | 5,460,000 | — | — | (1,153,000 | ) | 24,469,000 | ||||||||||||||||
Total cost of service | 27,573,000 | 25,466,000 | 21,119,000 | 25,490,000 | 4,195,000 | 6,246,000 | (2,475,000 | ) | 107,614,000 | ||||||||||||||||
Gross margin | 57,483,000 | 34,456,000 | 21,914,000 | 45,103,000 | 28,516,000 | 8,659,000 | — | 196,131,000 | |||||||||||||||||
Salaries and benefits | 25,264,000 | 7,239,000 | 6,213,000 | 23,616,000 | 10,598,000 | 5,131,000 | 5,601,000 | 83,662,000 | |||||||||||||||||
Other operating expenses | 4,412,000 | 10,529,000 | 8,145,000 | 11,460,000 | 7,168,000 | 2,088,000 | 6,619,000 | 50,421,000 | |||||||||||||||||
Depreciation and amortization | 3,182,000 | 2,938,000 | 998,000 | 2,475,000 | 1,980,000 | 761,000 | 66,000 | 12,400,000 | |||||||||||||||||
Income (loss) from operations | $ | 24,625,000 | $ | 13,750,000 | $ | 6,558,000 | $ | 7,552,000 | $ | 8,770,000 | $ | 679,000 | $ | (12,286,000 | ) | $ | 49,648,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending June 30, 2005 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 45,853,000 | $ | 20,864,000 | $ | 23,540,000 | $ | 35,985,000 | $ | 17,721,000 | $ | 7,899,000 | $ | (691,000 | ) | $ | 151,171,000 | ||||||||
Reimbursed government fee revenue | — | 9,930,000 | — | 2,920,000 | — | — | (597,000 | ) | 12,253,000 | ||||||||||||||||
Total revenue | 45,853,000 | 30,794,000 | 23,540,000 | 38,905,000 | 17,721,000 | 7,899,000 | (1,288,000 | ) | 163,424,000 | ||||||||||||||||
Cost of service revenue | 14,989,000 | 2,883,000 | 11,893,000 | 10,808,000 | 2,276,000 | 3,154,000 | (691,000 | ) | 45,312,000 | ||||||||||||||||
Government fees paid | — | 9,930,000 | — | 2,920,000 | — | — | (597,000 | ) | 12,253,000 | ||||||||||||||||
Total cost of service | 14,989,000 | 12,813,000 | 11,893,000 | 13,728,000 | 2,276,000 | 3,154,000 | (1,288,000 | ) | 57,565,000 | ||||||||||||||||
Gross margin | 30,864,000 | 17,981,000 | 11,647,000 | 25,177,000 | 15,445,000 | 4,745,000 | — | 105,859,000 | |||||||||||||||||
Salaries and benefits | 13,499,000 | 3,553,000 | 3,456,000 | 12,683,000 | 5,585,000 | 2,743,000 | 2,868,000 | 44,387,000 | |||||||||||||||||
Other operating expenses | 2,729,000 | 5,487,000 | 4,433,000 | 6,774,000 | 3,216,000 | 1,132,000 | 6,329,000 | 30,100,000 | |||||||||||||||||
Depreciation and amortization | 1,792,000 | 1,476,000 | 596,000 | 1,403,000 | 967,000 | 376,000 | 35,000 | 6,645,000 | |||||||||||||||||
Income (loss) from operations | $ | 12,844,000 | $ | 7,465,000 | $ | 3,162,000 | $ | 4,317,000 | $ | 5,677,000 | $ | 494,000 | $ | (9,232,000 | ) | $ | 24,727,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending March 31, 2005 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 39,203,000 | $ | 18,896,000 | $ | 19,493,000 | $ | 29,148,000 | $ | 14,990,000 | $ | 7,006,000 | $ | (631,000 | ) | $ | 128,105,000 | ||||||||
Reimbursed government fee revenue | — | 10,232,000 | — | 2,540,000 | — | — | (556,000 | ) | 12,216,000 | ||||||||||||||||
Total revenue | 39,203,000 | 29,128,000 | 19,493,000 | 31,688,000 | 14,990,000 | 7,006,000 | (1,187,000 | ) | 140,321,000 | ||||||||||||||||
Cost of service revenue | 12,584,000 | 2,421,000 | 9,226,000 | 9,222,000 | 1,919,000 | 3,092,000 | (631,000 | ) | 37,833,000 | ||||||||||||||||
Government fees paid | — | 10,232,000 | — | 2,540,000 | — | — | (556,000 | ) | 12,216,000 | ||||||||||||||||
Total cost of service | 12,584,000 | 12,653,000 | 9,226,000 | 11,762,000 | 1,919,000 | 3,092,000 | (1,187,000 | ) | 50,049,000 | ||||||||||||||||
Gross margin | 26,619,000 | 16,475,000 | 10,267,000 | 19,926,000 | 13,071,000 | 3,914,000 | — | 90,272,000 | |||||||||||||||||
Salaries and benefits | 11,765,000 | 3,686,000 | 2,757,000 | 10,933,000 | 5,013,000 | 2,388,000 | 2,733,000 | 39,275,000 | |||||||||||||||||
Other operating expenses | 1,683,000 | 5,042,000 | 3,712,000 | 4,686,000 | 3,952,000 | 956,000 | 290,000 | 20,321,000 | |||||||||||||||||
Depreciation and amortization | 1,390,000 | 1,462,000 | 402,000 | 1,072,000 | 1,013,000 | 385,000 | 31,000 | 5,755,000 | |||||||||||||||||
Income (loss) from operations | $ | 11,781,000 | $ | 6,285,000 | $ | 3,396,000 | $ | 3,235,000 | $ | 3,093,000 | $ | 185,000 | $ | (3,054,000 | ) | $ | 24,921,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Year ending December 31, 2004 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 135,201,000 | $ | 74,905,000 | $ | 69,842,000 | $ | 113,129,000 | $ | 55,801,000 | $ | 25,714,000 | $ | (2,450,000 | ) | $ | 472,142,000 | ||||||||
Reimbursed government fee revenue | — | 34,452,000 | — | 10,147,000 | — | — | — | 44,599,000 | |||||||||||||||||
Total revenue | 135,201,000 | 109,357,000 | 69,842,000 | 123,276,000 | 55,801,000 | 25,714,000 | (2,450,000 | ) | 516,741,000 | ||||||||||||||||
Cost of service revenue | 39,920,000 | 16,556,000 | 32,512,000 | 39,224,000 | 7,693,000 | 13,002,000 | (2,450,000 | ) | 146,457,000 | ||||||||||||||||
Government fees paid | — | 34,453,000 | — | 10,146,000 | — | — | — | 44,599,000 | |||||||||||||||||
Total cost of service | 39,920,000 | 51,009,000 | 32,512,000 | 49,370,000 | 7,693,000 | 13,002,000 | (2,450,000 | ) | 191,056,000 | ||||||||||||||||
Gross margin | 95,281,000 | 58,348,000 | 37,330,000 | 73,906,000 | 48,108,000 | 12,712,000 | — | 325,685,000 | |||||||||||||||||
Salaries and benefits | 43,726,000 | 11,759,000 | 11,538,000 | 39,323,000 | 20,049,000 | 7,492,000 | 9,094,000 | 142,981,000 | |||||||||||||||||
Other operating expenses | 6,552,000 | 26,881,000 | 16,042,000 | 19,825,000 | 11,847,000 | 3,136,000 | 1,744,000 | 86,027,000 | |||||||||||||||||
Depreciation and amortization | 6,946,000 | 5,346,000 | 1,586,000 | 4,110,000 | 3,940,000 | 1,176,000 | 80,000 | 23,184,000 | |||||||||||||||||
Income (loss) from operations | $ | 38,057,000 | $ | 14,362,000 | $ | 8,164,000 | $ | 10,648,000 | $ | 12,272,000 | $ | 908,000 | $ | (10,918,000 | ) | $ | 73,493,000 | ||||||||
Total assets | $ | 58,389,000 | $ | 155,854,000 | $ | 84,629,000 | $ | 169,839,000 | $ | 80,466,000 | $ | 44,749,000 | $ | 9,339,000 | $ | 603,265,000 | |||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending December 31, 2004 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 31,721,000 | $ | 18,111,000 | $ | 16,820,000 | $ | 30,263,000 | $ | 12,690,000 | $ | 7,027,000 | $ | (1,016,000 | ) | $ | 115,616,000 | ||||||||
Reimbursed government fee revenue | — | 8,699,000 | — | 2,331,000 | — | — | — | 11,030,000 | |||||||||||||||||
Total revenue | 31,721,000 | 26,810,000 | 16,820,000 | 32,594,000 | 12,690,000 | 7,027,000 | (1,016,000 | ) | 126,646,000 | ||||||||||||||||
Cost of service revenue | 9,957,000 | 2,493,000 | 8,155,000 | 9,192,000 | 1,641,000 | 3,134,000 | (1,016,000 | ) | 33,556,000 | ||||||||||||||||
Government fees paid | — | 8,700,000 | — | 2,330,000 | — | — | — | 11,030,000 | |||||||||||||||||
Total cost of service | 9,957,000 | 11,193,000 | 8,155,000 | 11,522,000 | 1,641,000 | 3,134,000 | (1,016,000 | ) | 44,586,000 | ||||||||||||||||
Gross margin | 21,764,000 | 15,617,000 | 8,665,000 | 21,072,000 | 11,049,000 | 3,893,000 | — | 82,060,000 | |||||||||||||||||
Salaries and benefits | 11,119,000 | 3,141,000 | 3,089,000 | 10,504,000 | 4,540,000 | 2,392,000 | 2,320,000 | 37,105,000 | |||||||||||||||||
Other operating expenses | 1,976,000 | 5,191,000 | 3,670,000 | 5,994,000 | 2,842,000 | 828,000 | 934,000 | 21,435,000 | |||||||||||||||||
Depreciation and amortization | 1,624,000 | 1,464,000 | 407,000 | 764,000 | 1,377,000 | 386,000 | 28,000 | 6,050,000 | |||||||||||||||||
Income (loss) from operations | $ | 7,045,000 | $ | 5,821,000 | $ | 1,499,000 | $ | 3,810,000 | $ | 2,290,000 | $ | 287,000 | $ | (3,282,000 | ) | $ | 17,470,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending September 30, 2004 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 33,870,000 | $ | 16,678,000 | $ | 18,355,000 | $ | 31,325,000 | $ | 16,204,000 | $ | 6,770,000 | $ | (337,000 | ) | $ | 122,865,000 | ||||||||
Reimbursed government fee revenue | — | 8,427,000 | — | 2,781,000 | — | — | — | 11,208,000 | |||||||||||||||||
Total revenue | 33,870,000 | 25,105,000 | 18,355,000 | 34,106,000 | 16,204,000 | 6,770,000 | (337,000 | ) | 134,073,000 | ||||||||||||||||
Cost of service revenue | 10,020,000 | 2,957,000 | 8,652,000 | 10,769,000 | 2,117,000 | 3,041,000 | (337,000 | ) | 37,219,000 | ||||||||||||||||
Government fees paid | — | 8,427,000 | — | 2,781,000 | — | — | — | 11,208,000 | |||||||||||||||||
Total cost of service | 10,020,000 | 11,384,000 | 8,652,000 | 13,550,000 | 2,117,000 | 3,041,000 | (337,000 | ) | 48,427,000 | ||||||||||||||||
Gross margin | 23,850,000 | 13,721,000 | 9,703,000 | 20,556,000 | 14,087,000 | 3,729,000 | — | 85,646,000 | |||||||||||||||||
Salaries and benefits | 10,802,000 | 2,735,000 | 2,932,000 | 10,879,000 | 5,318,000 | 1,956,000 | 2,396,000 | 37,018,000 | |||||||||||||||||
Other operating expenses | 2,266,000 | 4,577,000 | 4,242,000 | 4,623,000 | 3,359,000 | 818,000 | 563,000 | 20,448,000 | |||||||||||||||||
Depreciation and amortization | 1,657,000 | 1,307,000 | 404,000 | 1,232,000 | 912,000 | 343,000 | 23,000 | 5,878,000 | |||||||||||||||||
Income (loss) from operations | $ | 9,125,000 | $ | 5,102,000 | $ | 2,125,000 | $ | 3,822,000 | $ | 4,498,000 | $ | 612,000 | $ | (2,982,000 | ) | $ | 22,302,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending June 30, 2004 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | ||||||||||||||||||
Service revenue | $ | 34,614,000 | $ | 19,844,000 | $ | 17,802,000 | $ | 28,758,000 | $ | 15,986,000 | $ | 6,643,000 | $ | (540,000 | ) | $ | 123,107,000 | |||||||||
Reimbursed government fee revenue | — | 8,167,000 | — | 2,720,000 | — | — | — | 10,887,000 | ||||||||||||||||||
Total revenue | 34,614,000 | 28,011,000 | 17,802,000 | 31,478,000 | 15,986,000 | 6,643,000 | (540,000 | ) | 133,994,000 | |||||||||||||||||
Cost of service revenue | 10,057,000 | 5,855,000 | 8,264,000 | 10,085,000 | 2,431,000 | 3,349,000 | (540,000 | ) | 39,501,000 | |||||||||||||||||
Government fees paid | — | 8,167,000 | — | 2,720,000 | — | — | — | 10,887,000 | ||||||||||||||||||
Total cost of service | 10,057,000 | 14,022,000 | 8,264,000 | 12,805,000 | 2,431,000 | 3,349,000 | (540,000 | ) | 50,388,000 | |||||||||||||||||
Gross margin | 24,557,000 | 13,989,000 | 9,538,000 | 18,673,000 | 13,555,000 | 3,294,000 | — | 83,606,000 | ||||||||||||||||||
Salaries and benefits | 10,629,000 | 2,793,000 | 2,825,000 | 9,844,000 | 5,640,000 | 1,730,000 | 2,356,000 | 35,817,000 | ||||||||||||||||||
Other operating expenses | 1,155,000 | 10,310,000 | 4,244,000 | 4,763,000 | 3,303,000 | 835,000 | 327,000 | 24,937,000 | ||||||||||||||||||
Depreciation and amortization | 1,736,000 | 1,306,000 | 405,000 | 1,165,000 | 913,000 | 271,000 | 20,000 | 5,816,000 | ||||||||||||||||||
Income (loss) from operations | $ | 11,037,000 | $ | (420,000 | ) | $ | 2,064,000 | $ | 2,901,000 | $ | 3,699,000 | $ | 458,000 | $ | (2,703,000 | ) | $ | 17,036,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending March 31, 2004 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | ||||||||||||||||||
Service revenue | $ | 34,996,000 | $ | 20,272,000 | $ | 16,865,000 | $ | 22,783,000 | $ | 10,921,000 | $ | 5,274,000 | $ | (557,000 | ) | $ | 110,554,000 | |||||||||
Reimbursed government fee revenue | — | 9,159,000 | — | 2,315,000 | — | — | — | 11,474,000 | ||||||||||||||||||
Total revenue | 34,996,000 | 29,431,000 | 16,865,000 | 25,098,000 | 10,921,000 | 5,274,000 | (557,000 | ) | 122,028,000 | |||||||||||||||||
Cost of service revenue | 9,886,000 | 5,251,000 | 7,441,000 | 9,178,000 | 1,504,000 | 3,478,000 | (557,000 | ) | 36,181,000 | |||||||||||||||||
Government fees paid | — | 9,159,000 | — | 2,315,000 | — | — | — | 11,474,000 | ||||||||||||||||||
Total cost of service | 9,886,000 | 14,410,000 | 7,441,000 | 11,493,000 | 1,504,000 | 3,478,000 | (557,000 | ) | 47,655,000 | |||||||||||||||||
Gross margin | 25,110,000 | 15,021,000 | 9,424,000 | 13,605,000 | 9,417,000 | 1,796,000 | — | 74,373,000 | ||||||||||||||||||
Salaries and benefits | 11,176,000 | 3,090,000 | 2,692,000 | 8,096,000 | 4,551,000 | 1,414,000 | �� | 2,022,000 | 33,041,000 | |||||||||||||||||
Other operating expenses | 1,155,000 | 6,803,000 | 3,886,000 | 4,445,000 | 2,343,000 | 655,000 | (80,000 | ) | 19,207,000 | |||||||||||||||||
Depreciation and amortization | 1,929,000 | 1,269,000 | 370,000 | 949,000 | 738,000 | 176,000 | 9,000 | 5,440,000 | ||||||||||||||||||
Income (loss) from operations | $ | 10,850,000 | $ | 3,859,000 | $ | 2,476,000 | $ | 115,000 | $ | 1,785,000 | $ | (449,000 | ) | $ | (1,951,000 | ) | $ | 16,685,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Year ending December 31, 2003 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | ||||||||||||||||||
Service revenue | $ | 151,220,000 | $ | 56,479,000 | $ | 66,912,000 | $ | 64,715,000 | $ | 42,865,000 | $ | 8,065,000 | $ | (1,480,000 | ) | $ | 388,776,000 | |||||||||
Reimbursed government fee revenue | — | 27,201,000 | — | 4,384,000 | — | — | — | 31,585,000 | ||||||||||||||||||
Total revenue | 151,220,000 | 83,680,000 | 66,912,000 | 69,099,000 | 42,865,000 | 8,065,000 | (1,480,000 | ) | 420,361,000 | |||||||||||||||||
Cost of service revenue | 42,741,000 | 10,918,000 | 29,206,000 | 28,018,000 | 5,958,000 | 4,763,000 | (1,480,000 | ) | 120,124,000 | |||||||||||||||||
Government fees paid | — | 27,201,000 | — | 4,384,000 | — | — | — | 31,585,000 | ||||||||||||||||||
Total cost of service | 42,741,000 | 38,119,000 | 29,206,000 | 32,402,000 | 5,958,000 | 4,763,000 | (1,480,000 | ) | 151,709,000 | |||||||||||||||||
Gross margin | 108,479,000 | 45,561,000 | 37,706,000 | 36,697,000 | 36,907,000 | 3,302,000 | — | 268,652,000 | ||||||||||||||||||
Salaries and benefits | 43,664,000 | 10,981,000 | 12,193,000 | 22,271,000 | 17,920,000 | 1,733,000 | 3,938,000 | 112,700,000 | ||||||||||||||||||
Other operating expenses | 14,020,000 | 23,283,000 | 13,719,000 | 11,233,000 | 9,282,000 | 853,000 | 2,717,000 | 75,107,000 | ||||||||||||||||||
Depreciation and amortization | 8,825,000 | 3,590,000 | 1,815,000 | 4,896,000 | 3,112,000 | 213,000 | 7,000 | 22,458,000 | ||||||||||||||||||
Income (loss) from operations | $ | 41,970,000 | $ | 7,707,000 | $ | 9,979,000 | $ | (1,703,000 | ) | $ | 6,593,000 | $ | 503,000 | $ | (6,662,000 | ) | $ | 58,387,000 | ||||||||
Total assets | $ | 62,859,000 | $ | 135,633,000 | $ | 84,156,000 | $ | 107,979,000 | $ | 55,167,000 | $ | 19,810,000 | $ | 1,083,000 | $ | 466,687,000 | ||||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending December 31, 2003 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | ||||||||||||||||||
Service revenue | $ | 27,950,000 | $ | 17,285,000 | $ | 14,913,000 | $ | 20,149,000 | $ | 9,235,000 | $ | 6,124,000 | $ | (405,000 | ) | $ | 95,251,000 | |||||||||
Reimbursed government fee revenue | — | 7,499,000 | — | 1,363,000 | — | — | — | 8,862,000 | ||||||||||||||||||
Total revenue | 27,950,000 | 24,784,000 | 14,913,000 | 21,512,000 | 9,235,000 | 6,124,000 | (405,000 | ) | 104,113,000 | |||||||||||||||||
Cost of service revenue | 7,886,000 | 3,936,000 | 6,208,000 | 9,067,000 | 1,296,000 | 3,619,000 | (405,000 | ) | 31,607,000 | |||||||||||||||||
Government fees paid | — | 7,499,000 | — | 1,363,000 | — | — | — | 8,862,000 | ||||||||||||||||||
Total cost of service | 7,886,000 | 11,435,000 | 6,208,000 | 10,430,000 | 1,296,000 | 3,619,000 | (405,000 | ) | 40,469,000 | |||||||||||||||||
Gross margin | 20,064,000 | 13,349,000 | 8,705,000 | 11,082,000 | 7,939,000 | 2,505,000 | — | 63,644,000 | ||||||||||||||||||
Salaries and benefits | 10,334,000 | 3,260,000 | 2,685,000 | 6,743,000 | 4,041,000 | 1,330,000 | 1,116,000 | 29,509,000 | ||||||||||||||||||
Other operating expenses | 2,867,000 | 8,663,000 | 3,174,000 | 4,078,000 | 1,994,000 | 651,000 | 879,000 | 22,306,000 | ||||||||||||||||||
Depreciation and amortization | 2,112,000 | 1,039,000 | 427,000 | 2,730,000 | 714,000 | 179,000 | 7,000 | 7,208,000 | ||||||||||||||||||
Income (loss) from operations | $ | 4,751,000 | $ | 387,000 | $ | 2,419,000 | $ | (2,469,000 | ) | $ | 1,190,000 | $ | 345,000 | $ | (2,002,000 | ) | $ | 4,621,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending September 30, 2003 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 37,580,000 | $ | 16,810,000 | $ | 16,931,000 | $ | 18,556,000 | $ | 11,899,000 | $ | 1,941,000 | $ | (440,000 | ) | $ | 103,277,000 | ||||||||
Reimbursed government fee revenue | — | 6,819,000 | — | 1,260,000 | — | — | — | 8,079,000 | |||||||||||||||||
Total revenue | 37,580,000 | 23,629,000 | 16,931,000 | 19,816,000 | 11,899,000 | 1,941,000 | (440,000 | ) | 111,356,000 | ||||||||||||||||
Cost of service revenue | 10,751,000 | 2,814,000 | 7,569,000 | 7,711,000 | 1,677,000 | 1,144,000 | (440,000 | ) | 31,226,000 | ||||||||||||||||
Government fees paid | — | 6,819,000 | — | 1,260,000 | — | — | — | 8,079,000 | |||||||||||||||||
Total cost of service | 10,751,000 | 9,633,000 | 7,569,000 | 8,971,000 | 1,677,000 | 1,144,000 | (440,000 | ) | 39,305,000 | ||||||||||||||||
Gross margin | 26,829,000 | 13,996,000 | 9,362,000 | 10,845,000 | 10,222,000 | 797,000 | — | 72,051,000 | |||||||||||||||||
Salaries and benefits | 10,930,000 | 3,216,000 | 3,016,000 | 6,379,000 | 4,580,000 | 403,000 | 1,100,000 | 29,624,000 | |||||||||||||||||
Other operating expenses | 2,939,000 | 6,668,000 | 3,191,000 | 3,570,000 | 2,375,000 | 202,000 | 850,000 | 19,795,000 | |||||||||||||||||
Depreciation and amortization | 2,208,000 | 1,241,000 | 374,000 | 831,000 | 710,000 | 34,000 | — | 5,398,000 | |||||||||||||||||
Income (loss) from operations | $ | 10,752,000 | $ | 2,871,000 | $ | 2,781,000 | $ | 65,000 | $ | 2,557,000 | $ | 158,000 | $ | (1,950,000 | ) | $ | 17,234,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending June 30, 2003 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | |||||||||||||||||
Service revenue | $ | 45,825,000 | $ | 12,916,000 | $ | 16,972,000 | $ | 13,944,000 | $ | 12,187,000 | $ | — | $ | (312,000 | ) | $ | 101,532,000 | ||||||||
Reimbursed government fee revenue | — | 6,378,000 | — | 909,000 | — | — | — | 7,287,000 | |||||||||||||||||
Total revenue | 45,825,000 | 19,294,000 | 16,972,000 | 14,853,000 | 12,187,000 | — | (312,000 | ) | 108,819,000 | ||||||||||||||||
Cost of service revenue | 12,955,000 | 2,323,000 | 7,724,000 | 5,920,000 | 1,688,000 | — | (312,000 | ) | 30,298,000 | ||||||||||||||||
Government fees paid | — | 6,378,000 | — | 909,000 | — | — | — | 7,287,000 | |||||||||||||||||
Total cost of service | 12,955,000 | 8,701,000 | 7,724,000 | 6,829,000 | 1,688,000 | — | (312,000 | ) | 37,585,000 | ||||||||||||||||
Gross margin | 32,870,000 | 10,593,000 | 9,248,000 | 8,024,000 | 10,499,000 | — | — | 71,234,000 | |||||||||||||||||
Salaries and benefits | 11,432,000 | 2,439,000 | 2,968,000 | 4,540,000 | 4,927,000 | — | 781,000 | 27,087,000 | |||||||||||||||||
Other operating expenses | 4,111,000 | 4,838,000 | 3,571,000 | 2,051,000 | 2,522,000 | — | 516,000 | 17,609,000 | |||||||||||||||||
Depreciation and amortization | 2,245,000 | 774,000 | 391,000 | 658,000 | 744,000 | — | — | 4,812,000 | |||||||||||||||||
Income (loss) from operations | $ | 15,082,000 | $ | 2,542,000 | $ | 2,318,000 | $ | 775,000 | $ | 2,306,000 | $ | — | $ | (1,297,000 | ) | $ | 21,726,000 | ||||||||
First Advantage Corporation
Unaudited Combined Financial Information By Segment
Quarter ending March 31, 2003 | Lender Services | Data Services | Dealer Services | Employer Services | Multifamily Services | Investigative/Litigation Support Services | Corporate | Total | ||||||||||||||||||
Service revenue | $ | 39,865,000 | $ | 9,468,000 | $ | 18,096,000 | $ | 12,066,000 | $ | 9,544,000 | $ | — | $ | (323,000 | ) | $ | 88,716,000 | |||||||||
Reimbursed government fee revenue | — | 6,505,000 | — | 852,000 | — | — | — | 7,357,000 | ||||||||||||||||||
Total revenue | 39,865,000 | 15,973,000 | 18,096,000 | 12,918,000 | 9,544,000 | — | (323,000 | ) | 96,073,000 | |||||||||||||||||
Cost of service revenue | 11,149,000 | 1,845,000 | 7,705,000 | 5,320,000 | 1,297,000 | — | (323,000 | ) | 26,993,000 | |||||||||||||||||
Government fees paid | — | 6,505,000 | — | 852,000 | — | — | — | 7,357,000 | ||||||||||||||||||
Total cost of service | 11,149,000 | 8,350,000 | 7,705,000 | 6,172,000 | 1,297,000 | — | (323,000 | ) | 34,350,000 | |||||||||||||||||
Gross margin | 28,716,000 | 7,623,000 | 10,391,000 | 6,746,000 | 8,247,000 | — | — | 61,723,000 | ||||||||||||||||||
Salaries and benefits | 10,968,000 | 2,066,000 | 3,524,000 | 4,609,000 | 4,372,000 | — | 941,000 | 26,480,000 | ||||||||||||||||||
Other operating expenses | 4,103,000 | 3,114,000 | 3,783,000 | 1,534,000 | 2,391,000 | — | 472,000 | 15,397,000 | ||||||||||||||||||
Depreciation and amortization | 2,260,000 | 536,000 | 623,000 | 677,000 | 944,000 | — | — | 5,040,000 | ||||||||||||||||||
Income (loss) from operations | $ | 11,385,000 | $ | 1,907,000 | $ | 2,461,000 | $ | (74,000 | ) | $ | 540,000 | $ | — | $ | (1,413,000 | ) | $ | 14,806,000 | ||||||||