GUE Liquidation Companies 10-Q 6 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 02, 2015
Document and Entity Information
Entity Registrant Name	FTD Companies, Inc.
Entity Central Index Key	1,575,360
Document Type	10-Q
Document Period End Date	Sep. 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		28,666,772
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 15,099	$ 95,595
Accounts receivable, net of allowances of $4,489 and $8,991 at September 30, 2015 and December 31, 2014, respectively	29,886	32,753
Inventories	30,090	28,342
Income taxes receivable	12,397
Deferred tax assets, net	12,154	17,233
Prepaid expenses and other current assets	11,124	17,816
Total current assets	110,750	191,739
Property and equipment, net	63,915	63,607
Intangible assets, net	357,088	435,653
Goodwill	646,120	632,212
Other assets	27,620	29,402
Total assets	1,205,493	1,352,613
Current liabilities:
Accounts payable	38,310	70,301
Accrued liabilities	40,057	62,555
Accrued compensation	20,706	28,728
Deferred revenue	8,168	10,185
Income taxes payable	607	6,042
Current portion of long-term debt	20,000	20,000
Total current liabilities	127,848	197,811
Long term debt	285,000	320,000
Deferred tax liabilities, net	131,369	149,834
Other liabilities	9,888	19,755
Total liabilities	$ 554,105	$ 687,400
Commitments and contingencies (Note 15)
Stockholders' equity:
Preferred stock, 5,000,000 shares, par value $0.0001, authorized; no shares issued and outstanding
Common stock, 60,000,000 shares, par value $0.0001, authorized; 29,339,814 and 29,193,037 shares issued at September 30, 2015 and December 31, 2014, respectively	$ 3	$ 3
Treasury stock, 673,042 and no shares at September 30, 2015 and December 31, 2014, respectively	(20,000)
Additional paid-in capital	673,317	666,338
Retained earnings	30,081	26,707
Accumulated other comprehensive loss	(32,013)	(27,835)
Total stockholders' equity	651,388	665,213
Total liabilities and stockholders' equity	$ 1,205,493	$ 1,352,613

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
CONSOLIDATED BALANCE SHEETS
Accounts receivable, allowance for doubtful accounts (in dollars)	$ 4,489	$ 8,991
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	29,339,814	29,193,037
Treasury stock, shares issued	673,042	0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues:
Products	$ 157,745	$ 94,052	$ 820,020	$ 379,498
Services	30,774	31,048	102,081	103,549
Total revenues	188,519	125,100	922,101	483,047
Operating expenses:
Cost of revenues-products	113,504	71,097	568,106	290,049
Cost of revenues-services	4,763	4,983	14,613	15,343
Sales and marketing	38,249	22,650	185,299	82,596
General and administrative	30,252	19,737	92,750	52,674
Amortization of intangible assets	15,317	2,777	46,054	11,618
Restructuring and other exit costs	1,495	(67)	5,907	220
Total operating expenses	203,580	121,177	912,729	452,500
Operating income/(loss)	(15,061)	3,923	9,372	30,547
Interest income	122	144	371	442
Interest expense	(2,450)	(1,557)	(7,366)	(4,336)
Other income/(expense), net	131	(74)	557	398
Income/(loss) before income taxes	(17,258)	2,436	2,934	27,051
Provision/(benefit) for income taxes	(779)	(2,178)	(440)	8,108
Net income/(loss)	$ (16,479)	$ 4,614	$ 3,374	$ 18,943
Earnings/(loss) per common share:
Basic earnings/(loss) per share (in dollars per share)	$ (0.57)	$ 0.24	$ 0.12	$ 0.98
Diluted earnings/(loss) per share (in dollars per share)	$ (0.57)	$ 0.24	$ 0.11	$ 0.98

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
Net income/(loss)	$ (16,479)	$ 4,614	$ 3,374	$ 18,943
Other comprehensive income/(loss):
Foreign currency translation	(5,020)	(7,678)	(4,227)	(3,141)
Cash flow hedges:
Changes in net gains/(losses) on derivatives, net of tax of $37 and $(3) for the quarters ended September 30, 2015 and 2014, respectively and $31 and $(268) for the nine months ended September 30, 2015 and 2014, respectively	57	(4)	49	(419)
Other comprehensive loss	(4,963)	(7,682)	(4,178)	(3,560)
Comprehensive income/(loss)	$ (21,442)	$ (3,068)	$ (804)	$ 15,383

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
Changes in net gains/(losses) on derivatives, tax	$ 37	$ (3)	$ 31	$ (268)

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - 9 months ended Sep. 30, 2015 - USD ($) shares in Thousands, $ in Thousands	Common Stock	Treasury Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Total
Balance at the beginning of the period at Dec. 31, 2014	$ 3		$ 666,338	$ (27,835)	$ 26,707	$ 665,213
Balance at the beginning of the period (in shares) at Dec. 31, 2014	29,193
Increase (Decrease) in Equity
Net income					3,374	3,374
Other comprehensive loss				(4,178)		(4,178)
Stock-based compensation			8,204			8,204
Tax benefits from equity awards			311			311
Vesting of restricted stock units and related repurchases of common stock			(2,021)			(2,021)
Vesting of restricted stock units (in shares)	127
Repurchases of common stock		$ (20,000)				$ (20,000)
Repurchases of common stock (in shares)		(673)				(673)
Issuance of common stock through employee stock purchase plan			478			$ 478
Issuance of common stock through employee stock purchase plan (in shares)	20
Exercise of stock options			7			7
Balance at the end of the period at Sep. 30, 2015	$ 3	$ (20,000)	$ 673,317	$ (32,013)	$ 30,081	$ 651,388
Balance at the end of the period (in shares) at Sep. 30, 2015	29,340	(673)

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income	$ 3,374	$ 18,943
Adjustments to reconcile net income to net cash provided by/(used for) operating activities:
Depreciation and amortization	63,265	19,297
Impairment of fixed assets	1,282
Stock-based compensation	8,204	5,509
Provision for doubtful accounts receivable	1,315	1,342
Accretion of discounts and amortization of deferred financing and debt issue costs	1,020	598
Deferred taxes, net	(9,108)	(7,212)
Excess tax benefits from equity awards	(311)	(387)
Other, net	44	125
Changes in operating assets and liabilities, net of effects of Acquisition-related purchase accounting:
Accounts receivable, net	2,592	(1,751)
Inventories	(2,922)	1,907
Prepaid expenses and other assets	8,828	1,447
Accounts payable and accrued liabilities	(59,951)	(17,562)
Deferred revenue	(2,022)	1,914
Income taxes receivable or payable	(11,462)	1,040
Other liabilities	(6,852)	(106)
Net cash provided by/(used for) operating activities	(2,704)	25,104
Cash flows from investing activities:
Cash paid for acquisitions, net of cash acquired	(9,935)
Purchases of property and equipment	(10,700)	(5,364)
Purchases of intangible assets	(60)
Net cash used for investing activities	(20,695)	(5,364)
Cash flows from financing activities:
Proceeds from issuance of long-term debt		200,000
Payments on long-term debt	(35,000)	(200,000)
Payments for debt issue costs		(3,806)
Exercise of stock options and purchases from employee stock plans	485	312
Repurchases of common stock	(22,021)	(1,760)
Excess tax benefits from equity awards	311	387
Net cash used for financing activities	(56,225)	(4,867)
Effect of foreign currency exchange rate changes on cash and cash equivalents	(872)	(252)
Change in cash and cash equivalents	(80,496)	14,621
Cash and cash equivalents, beginning of period	95,595	48,162
Cash and cash equivalents, end of period	$ 15,099	$ 62,783

DESCRIPTION OF BUSINESS, BASIS

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 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 We are a premier floral and gifting company with a vision to be the leading and most trusted floral and gifting company in the world. Our mission is to inspire, support, and delight our customers when expressing life’s most important sentiments. We provide floral, specialty foods, gift and related products and services to consumers, retail florists, and other retail locations and companies in need of floral and gifting solutions. Our business uses the highly recognized FTD ® , Interflora ® (both supported by the iconic Mercury Man ® logo), ProFlowers ® , Shari’s Berries ® , and Personal Creations ® brands. While we operate primarily in the United States (“U.S.”), Canada, the United Kingdom (“U.K.”), and the Republic of Ireland, we have worldwide presence as our Mercury Man logo is displayed in nearly 40,000 floral shops in approximately 150 countries. Our portfolio of brands also includes Flying Flowers, Flowers Direct, and Drake Algar in the U.K., and Cherry Moon Farms ® , Gifts.com™, Sincerely™, and RedEnvelope ® in the U.S. While floral arrangements and plants are our primary offerings, we also market and sell gift items, including gourmet dipped berries and other sweets, personalized gifts, premium fresh fruit baskets, gift baskets, wine and champagne, jewelry, and spa products. The principal operating subsidiaries of FTD Companies, Inc. are Florists’ Transworld Delivery, Inc., FTD.COM Inc. (“FTD.COM”), Interflora British Unit (“Interflora”), and Provide Commerce, Inc. (“Provide Commerce”). The operations of the Company include those of its subsidiary, Interflora, Inc., of which one ‑third is owned by a third party. The Company’s corporate headquarters is located in Downers Grove, Illinois. The Company also maintains offices in San Diego and San Francisco, California; Woodridge, Illinois; Centerbrook, Connecticut; Medford, Oregon; Sleaford, England; Quebec, Canada; and Hyderabad, India; and distribution centers in various locations throughout the U.S. Acquisition of Provide Commerce, Inc. On December 31, 2014, the Company acquired from a wholly-owned subsidiary of Liberty Interactive Corporation (“Liberty”) all of the issued and outstanding shares of common stock of Provide Commerce, an indirect wholly-owned subsidiary of Liberty, for a purchase price consisting of (i) cash consideration of $106.6 million, excluding acquired cash on hand of $38.1 million and a post-closing working capital adjustment of $9.9 million, and (ii) 10.2 million shares of FTD common stock, representing approximately 35% of the issued and outstanding shares of FTD common stock (the “Acquisition”). In April 2015, FTD made a payment to Liberty in full satisfaction of the post-closing working capital adjustment. Upon the closing of the Acquisition, Provide Commerce became an indirect wholly-owned subsidiary of FTD (see Note 2). Basis of Presentation These condensed consolidated financial statements are unaudited and 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 U.S. 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 condensed consolidated financial statements, in the opinion of management, reflect all adjustments (consisting only of normal recurring adjustments) that are necessary for a fair presentation of financial position and operating results for the periods presented. The results of operations for such periods are not necessarily indicative of the results expected for any future periods. The condensed consolidated balance sheet information at December 31, 2014 , was derived from the Company’s audited consolidated financial statements, included in the Company’s Annual Report on Form 10-K (“Form 10-K”) for the year ended December 31, 2014 , but does not include all of the disclosures required by GAAP. The condensed consolidated financial statements reflect the historical financial position, results of operations, and cash flows of the Company. The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make accounting policy elections, estimates, and assumptions that affect a number of reported amounts and related disclosures in the condensed consolidated financial statements. Management bases its estimates on historical experience and assumptions that it believes are reasonable. Actual results could differ from those estimates and assumptions. The most significant areas of the condensed consolidated financial statements that require management’s judgment include the Company’s revenue recognition, goodwill, indefinite ‑lived intangible assets and other long ‑lived assets, allowance for doubtful accounts, income taxes, software capitalization, legal contingencies, and preliminary estimates of fair values of assets acquired and liabilities assumed with the Acquisition. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in the Company’s Form 10 ‑K for the year ended December 31, 2014 . “Emerging Growth Company” Reporting Requirements The Company qualifies as an “emerging growth company” as defined in the Jumpstart Our Business Startups Act. As an “emerging growth company,” the Company has elected to take advantage of the extended transition period for complying with new or revised accounting standards until such standards are also applicable to private companies. As a result of this election, the Company’s consolidated financial statements may not be comparable to companies that comply with non ‑emerging growth companies’ effective dates for such new or revised standards. Further, as a result of the Acquisition, the Company anticipates that it will no longer qualify as an “emerging growth company” as of December 31, 2015 . Accounting Policies Refer to the Company’s audited consolidated financial statements included in the Company’s Form 10 ‑K for the year ended December 31, 2014 , for a discussion of the Company’s accounting policies. Recent Accounting Pronouncements In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists , as codified in FASB Accounting Standards Codification (“ASC”) 740. The amendments in this ASU state that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. However, to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. The amendments in this ASU were effective for the Company beginning January 1, 2015. The amendments were applied prospectively to all unrecognized tax benefits that existed at the effective date. This update did not have a material impact on the Company’s consolidated financial statements. In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts with Customers . The amendments in this ASU affect any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The amendments in this ASU require an entity to recognize revenue related to 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. This guidance was deferred by ASU 2015-14, issued by the FASB in August 2015, and is now effective for fiscal years and interim periods beginning on or after December 15, 2017 with early adoption permitted as of the original effective date for periods beginning after December 15, 2016. The Company is currently assessing the impact of this update on its consolidated financial statements. In January 2015, FASB issued ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items , which eliminates the concept of extraordinary items from GAAP. The amendments in this ASU eliminate the requirement that an entity separately classify, present, and disclose extraordinary events and transactions. The amendments in this ASU will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments should be applied prospectively and retrospective application is permitted. The Company does not expect this update to have a material impact on its consolidated financial statements. In April 2015, FASB issued ASU No. 2015-03, Interest—Imputation of Interest , which simplifies the presentation of debt issuance costs by requiring debt issuance costs related to a debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. Additionally in August 2015, the FASB issued ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements , to clarify that an entity may elect to present debt issuance costs related to a line-of-credit arrangement as an asset, regardless of whether or not there are any outstanding borrowings on the line-of-credit arrangement. The amendments in these ASUs will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments should be applied on a retrospective basis. The Company expects that these updates will reduce both other assets and the outstanding debt balance by approximately $3.1 million at September 30, 2015 . In April 2015, FASB issued ASU No. 2015-05, Intangibles – Goodwill and Other – Internal-Use Software - Customer's Accounting for Fees Paid in a Cloud Computing Arrangement , which provides guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer’s accounting for service contracts. The amendments in this ASU will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments can be applied prospectively to all arrangements entered into or materially modified after the effective date or retrospectively and early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements. In July 2015, FASB issued ASU No. 2015-11, Inventory—Simplifying the Measurement of Inventory , which changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. The ASU defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. The update applies to all other inventory, which includes inventory that is measured using first-in, first-out or average cost methods. The amendments in this ASU will be effective for the Company for fiscal years, and the interim periods within those years, beginning after December 15, 2016. The amendments must be applied prospectively and early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements. In September 2015, FASB issued ASU No. 2015-16, Business Combinations —Simplifying the Accounting for Measurement-Period Adjustments . This update requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, including the cumulative effect of the change in provisional amount as if the accounting had been completed at the acquisition date. The adjustments related to previous reporting periods since the acquisition date must be disclosed by income statement line item either on the face of the income statement or in the notes. The amendments in this ASU will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments must be applied prospectively and early adoption is permitted. The Company has adopted the amendments in this update, which did not have a material impact on the Company’s consolidated financial statements.

ACQUISITION

ACQUISITION	9 Months Ended
	Sep. 30, 2015
ACQUISITION
ACQUISITION	2. ACQUISITION Acquisition of Provide Commerce On December 31, 2014, the Company acquired all of the issued and outstanding shares of common stock of Provide Commerce from Liberty. Provide Commerce’s portfolio of brands primarily includes ProFlowers and ProPlants for fresh-cut flowers, floral arrangements, and plants; Shari’s Berries for gourmet-dipped berries and other sweets; Personal Creations for personalized gifts; Cherry Moon Farms for premium fresh fruits; and Sincerely for mobile gifting applications. The Acquisition expands the breadth of the Company’s brand by combining two complementary businesses to offer customers a greater variety of floral and gifting products and an enhanced shopping experience and is expected to generate significant cost synergies. The Company believes that these factors support the estimated amount of goodwill related to the Acquisition. The purchase price consisted of (i) cash consideration of $106.6 million, excluding acquired cash on hand of $38.1 million, and a post-closing working capital adjustment of $9.9 million, and (ii) 10.2 million shares of FTD common stock, representing approximately 35% of the issued and outstanding shares of FTD common stock. The FTD common stock was valued at $34.82 per share, the closing price on December 31, 2014, the date of the Acquisition, for purposes of determining the purchase price. In April 2015, FTD made a payment to Liberty in full satisfaction of the post-closing working capital adjustment. The purchase price was allocated to the tangible and intangible assets acquired and liabilities assumed based on management’s preliminary estimates of their respective fair values as of the closing date of the Acquisition. During the nine months ended September 30, 2015 , the Company revised certain of its preliminary estimates of fair value, which changes were not considered material. The Company believes that the preliminary fair values assigned to the assets acquired and the liabilities assumed were based on reasonable assumptions, however, additional information is needed in order to determine the final fair values. The following table summarizes the preliminary estimates of fair value of the assets acquired and liabilities assumed, including the effects of immaterial adjustments to the preliminary purchase price allocation (in thousands): Preliminary Estimate of Fair Value Net liabilities assumed: Cash $ Accounts receivable Inventories Prepaid expenses Other assets Property and equipment Accounts payable and accrued liabilities Deferred tax liabilities, net Other liabilities Total net liabilities assumed Intangible assets acquired: Trademarks and trade names Customer contracts and relationships Complete technology Total intangible assets acquired Goodwill Total purchase price $ The acquired intangibles are being amortized on a straight-line basis over their estimated useful lives, which range from two to fifteen years. The goodwill acquired in the Acquisition is not deductible for federal tax purposes. The following unaudited pro forma information presents the consolidated results of operations of the Company as if the Acquisition had occurred as of January 1, 2013. The unaudited pro forma consolidated financial information is provided for illustrative purposes only and does not purport to present what the actual results of operations would have been had the transaction actually occurred on the date indicated, nor does it purport to represent results of operations for any future period. The information is based on statutory tax rates and does not reflect any cost savings or other benefits that may be obtained through anticipated synergies as a result of the Acquisition. For the Quarter For the Nine Months (in thousands, except per share amounts) Ended September 30, 2014 Ended September 30, 2014 Revenues $ $ Net income/(loss) $ $ Basic and diluted earnings per share $ $

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2015
SEGMENT INFORMATION
SEGMENT INFORMATION	3. SEGMENT INFORMATION Prior to the Acquisition, the Company reported its business operations in three reportable segments: Consumer, Florist, and International. As a result of the Acquisition, the Company began reporting its business in four reportable segments: Consumer, Florist, International, and Provide Commerce. As the Acquisition was completed on December 31, 2014, no results of operations of Provide Commerce were included in the Company’s consolidated statement of operations for the quarter and nine months ended September 30, 2014 . Below is a reconciliation of segment revenues to consolidated revenues (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Products revenues: Consumer $ $ $ $ Florist International Provide Commerce — — Segment products revenues Services revenues: Florist International Segment services revenues Intersegment eliminations Consolidated revenues $ $ $ $ Intersegment revenues represent amounts charged from one segment to the other for services provided based on order volume at a set rate per order. Intersegment revenues by segment were as follows (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Intersegment revenues: Consumer $ $ $ $ Florist Provide Commerce — — Total intersegment revenues $ $ $ $ Below is a reconciliation of segment operating income/(loss) to consolidated operating income/(loss) and income/(loss) before income taxes (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Segment operating income/(loss) (a) : Consumer $ $ $ $ Florist International Provide Commerce — — Total segment operating income Unallocated expenses (b) Depreciation expense and amortization of intangible assets Operating income/(loss) Interest expense, net Other income/(expense), net Income/(loss) before income taxes $ $ $ $ (a) Segment operating income/(loss) is operating income/(loss) excluding depreciation, amortization, litigation and dispute settlement charges or gains, transaction and integration-related costs, and restructuring and other exit costs. Stock ‑based compensation and general corporate expenses are not allocated to the segments. Segment operating income is prior to intersegment eliminations and excludes other income/(expense), net. (b) Unallocated expenses include various corporate costs, such as corporate finance, legal, and certain human resources costs. In addition, unallocated expenses include stock ‑based compensation for all eligible Company employees, restructuring and other exit costs, transaction and integration-related costs, and litigation and dispute settlement charges or gains. Geographic revenues to external customers were as follows for the periods presented (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 U.S. $ $ $ $ U.K. Consolidated revenues $ $ $ $ Assets and liabilities are reviewed at the consolidated level by management. Segment assets are not reported to, or used by, the Company’s chief operating decision maker to allocate resources to or assess performance of the segments, and therefore, total segment assets have not been disclosed. Geographic information for long ‑lived assets, consisting of amortizable intangible assets, property and equipment and other non-current assets, was as follows (in thousands): September 30, December 31, 2015 2014 U.S $ $ U.K. Total long-lived assets $ $

BALANCE SHEET COMPONENTS

BALANCE SHEET COMPONENTS	9 Months Ended
	Sep. 30, 2015
BALANCE SHEET COMPONENTS
BALANCE SHEET COMPONENTS	4. BALANCE SHEET COMPONENTS Financing Receivables The Company has financing receivables related to equipment sales to its floral network members. The current and noncurrent portions of financing receivables are included in accounts receivable and other assets, respectively, in the condensed consolidated balance sheets. The Company assesses financing receivables individually for balances due from current floral network members and collectively for balances due from terminated floral network members. Credit quality of financing receivables was as follows (in thousands): September 30, 2015 December 31, 2014 Current $ $ Past due Total $ $ The aging of past due financing receivables was as follows (in thousands): September 30, 2015 December 31, 2014 Current $ $ Past due: 1 - 150 days past due 151 - 364 days past due 365 - 730 days past due 731 or more days past due Total $ $ Financing receivables on nonaccrual status at September 30, 2015 and December 31, 2014 , totaled $0.7 million and $3.3 million, respectively. The allowance for credit losses and the recorded investment in financing receivables were as follows (in thousands): Nine Months Ended September 30, 2015 2014 Allowance for credit losses: Balance at January 1 $ $ Provision Write-offs charged against allowance Balance at September 30 $ $ Ending balance collectively evaluated for impairment $ $ Ending balance individually evaluated for impairment $ $ Recorded investments in financing receivables: Balance collectively evaluated for impairment $ $ Balance individually evaluated for impairment $ $ Individually evaluated impaired loans, including the recorded investment in such loans , the unpaid principal balance, and the allowance related to such loans, each totaled less than $0.1 million at both September 30, 2015 and December 31, 2014 . The average recorded investment in such loans was less than $0.1 million in each of the nine months ended September 30, 2015 and 2014 . Interest income recognized on impaired loans was less than $0.1 million in each of the nine months ended September 30, 2015 and 2014 . Property and Equipment Property and equipment consisted of the following (in thousands): September 30, 2015 December 31, 2014 Land and improvements $ $ Buildings and improvements Leasehold improvements Equipment Computer equipment Computer software Furniture and fixtures Accumulated depreciation Total $ $ Depreciation expense, including the amortization of leasehold improvements, was $6.0 million and $2.5 million for the quarters ended September 30, 2015 and 2014 , respectively, and $17.2 million and $7.7 million for the nine months ended September 30, 2015 and 2014 , respectively.

TRANSACTIONS WITH RELATED PARTI

TRANSACTIONS WITH RELATED PARTIES	9 Months Ended
	Sep. 30, 2015
TRANSACTIONS WITH RELATED PARTIES
TRANSACTIONS WITH RELATED PARTIES	5. TRANSACTIONS WITH RELATED PARTIE S Transactions with Liberty As a result of the Acquisition, Liberty owns approximately 35% of the issued and outstanding shares of FTD common stock. FTD and Liberty entered into an Investor Rights Agreement, which governs certain rights of and restrictions on Liberty in connection with the shares of FTD common stock that Liberty owns as a result of the Acquisition. In addition, Provide Commerce and Liberty entered into a services agreement (the “Services Agreement”), under which Provide Commerce, on a short-term transitional basis, has provided Liberty with certain support service and other assistance after the Acquisition in respect of the RedEnvelope business, which was not acquired by FTD as part of the Acquisition. Fees of $0.3 million were earned during the term of the Services Agreement. On April 1, 2015, Provide Commerce and Liberty entered into an amendment to the Services Agreement to extend the term of the Services Agreement to June 30, 2015. The Services Agreement terminated on June 30, 2015. The Acquisition purchase price was subject to adjustment based upon the final closing working capital, which adjustment was determined to be $9.9 million. In April 2015, FTD made a payment to Liberty in full satisfaction of this adjustment. On April 30, 2015, the Company, through a wholly-owned subsidiary, entered into a Purchase and Sale Agreement with an indirect wholly-owned subsidiary of Liberty, pursuant to which the Company acquired certain residual assets previously used by Liberty in the online e-commerce business operated under the trade name of RedEnvelope for a cash purchase price of $0.3 million. The purchase price was allocated to the assets acquired based on their relative fair values, resulting in allocated values of $0.1 million to fixed assets, $0.1 million to inventory, and $0.1 million to the trademark and trade name. The I.S. Group Limited Interflora holds an equity investment of 20.4% in The I.S. Group Limited (“I.S. Group”). The investment was $1.6 million at September 30, 2015 and $1.7 million at December 31, 2014 , and is included in other assets in the condensed consolidated balance sheets. I.S. Group supplies floral-related products to Interflora’s floral network members in both the U.K. and the Republic of Ireland as well as to other customers. Interflora derives revenues from I.S. Group from (i) the sale of products (sourced from third party suppliers) to I.S. Group for which revenue is recognized on a gross basis, (ii) commissions on products sold by I.S. Group (sourced from third-party suppliers) to floral network members, and (iii) commissions for acting as a collection agent on behalf of I.S. Group. In the quarters ended September 30, 2015 and 2014 , revenues related to products sold to and commissions earned from I.S. Group were $0.6 million and $0.7 million, respectively, and $2.0 million and $2.3 million for the nine months ended September 30, 2015 and 2014 , respectively. In addition, Interflora purchases products from I.S. Group for sale to consumers. The cost of revenues related to products purchased from I.S. Group was less than $0.1 million in the quarters ended September 30, 2015 and 2014 , and $0.3 million and $0.2 million for the nine months ended September 30, 2015 and 2014 , respectively. Amounts due from I.S. Group were $0.3 million and $0.5 million at September 30, 2015 and December 31, 2014 , respectively, and amounts payable to I.S. Group were $1.1 million and $1.5 million at September 30, 2015 and December 31, 2014 , respectively.

GOODWILL, INTANGIBLE ASSETS, AN

GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS	9 Months Ended
	Sep. 30, 2015
GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS
GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS	6. GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG ‑LIVED ASSETS Goodwill The changes in the net carrying amount of goodwill for the nine months ended September 30, 2015 were as follows (in thousands): Provide Consumer Florist International Commerce Total Goodwill at December 31, 2014 $ $ $ $ $ Foreign currency translation — — — Provide Commerce acquisition (a) — — — Goodwill at September 30, 2015 $ $ $ $ $ (a) Adjustments to goodwill include revisions to preliminary fair value amounts and the final working capital adjustment, which were recorded during the nine months ended September 30, 2015 . In 2008, the Company recorded an impairment charge of $116.3 million. The table above reflects the Company’s goodwill balances net of this accumulated impairment charge. The gross goodwill balance was $762.4 million at September 30, 2015 . Intangible Assets Intangible assets are primarily related to the acquisition of Provide Commerce in December 2014 and the acquisition of the Company by United Online in August 2008 and consist of the following (in thousands): September 30, 2015 December 31, 2014 Gross Accumulated Gross Accumulated Value Amortization Net Value Amortization Net Complete technology $ $ $ $ $ $ Customer contracts and relationships Trademarks and trade names Total $ $ $ $ $ $ Some of the Company’s trademarks and trade names are indefinite ‑lived for which there is no associated amortization expense or accumulated amortization. At September 30, 2015 and December 31, 2014 , such indefinite ‑lived assets, after impairment and foreign currency translation adjustments, totaled $155.3 million and $247.5 million, respectively. During the nine months ended September 30, 2015 , the Company revised certain of its preliminary estimates of fair value and useful lives. Included in the above intangible assets are $36.3 million of complete technology, $91.1 million of customer contracts and relationships, and $119.4 million of trademarks and trade names acquired in connection with the Acquisition, which are based on preliminary fair value estimates. Estimated future intangible assets amortization expense for each of the next five years and thereafter, was as follows (in thousands): 2015 (remainder of year) $ 2016 2017 2018 2019 Thereafter Total $

FINANCING ARRANGEMENTS

FINANCING ARRANGEMENTS	9 Months Ended
	Sep. 30, 2015
FINANCING ARRANGEMENTS
FINANCING ARRANGEMENTS	7. FINANCING ARRANGEMENTS Amended and Restated Credit Agreement On July 17, 2013, FTD Companies, Inc. entered into a credit agreement (the “2013 Credit Agreement”) with Interflora, certain wholly-owned domestic subsidiaries of FTD Companies, Inc. party thereto as guarantors, the financial institutions party thereto from time to time, Bank of America Merrill Lynch and Wells Fargo Securities, LLC, as joint lead arrangers and book managers, and Bank of America, N.A., as administrative agent (in such capacity, the “Administrative Agent”), which provided for a $350 million five ‑year revolving credit facility. On July 17, 2013, FTD Companies, Inc. drew $220 million of the new $350 million revolving credit facility and used this, together with approximately $19 million of its existing cash balance, to repay amounts outstanding under its previous credit facility in full and to pay fees and expenses related to the 2013 Credit Agreement. On September 19, 2014, the Company entered into an amendment to the 2013 Credit Agreement (the “Credit Agreement Amendment”), with Interflora, the guarantors party thereto, the lenders party thereto, and the Administrative Agent. The Credit Agreement Amendment amended and restated the 2013 Credit Agreement in its entirety (as amended and restated, the “Amended and Restated Credit Agreement”). Among other things, the Amended and Restated Credit Agreement provided for a term loan in an aggregate principal amount of $200 million and provided for a revolving loan advance (the “Acquisition Advance”) to finance the cash portion of the Acquisition purchase price. The proceeds of the term loan were used to repay a portion of outstanding revolving loans and, on December 31, 2014, the Company borrowed $120 million under the Acquisition Advance to fund the cash portion of the Acquisition purchase price. The obligations under the Amended and Restated Credit Agreement are guaranteed by certain of FTD Companies, Inc.’s wholly-owned domestic subsidiaries (together with FTD Companies, Inc., the “U.S. Loan Parties”). In addition, the obligations under the Amended and Restated Credit Agreement are secured by a lien on substantially all of the assets of the U.S. Loan Parties, including a pledge of all of the outstanding capital stock of certain direct subsidiaries of the U.S. Loan Parties (except with respect to foreign subsidiaries and certain domestic subsidiaries whose assets consist primarily of foreign subsidiary equity interests, in which case such pledge is limited to 66% of the outstanding capital stock). The interest rates applicable to borrowings under the Amended and Restated Credit Agreement are based on either LIBOR plus a margin ranging from 1.50% per annum to 2.50% per annum, or a base rate plus a margin ranging from 0.50% per annum to 1.50% per annum, calculated according to the Company’s net leverage ratio. At September 30, 2015 , the base rate margin was 1.0% per annum and the LIBOR margin was 2.0% per annum. In addition, the Company pays a commitment fee ranging from 0.20% per annum to 0.40% per annum on the unused portion of the revolving credit facility. The interest rates (based on LIBOR ) at September 30, 2015 , under the term loan and the revolving credit facility were 2.33% and 2.19% , respectively. The commitment fee rate at September 30, 2015 , was 0.30% . The Amended and Restated Credit Agreement contains customary representations and warranties, events of default, affirmative covenants and negative covenants, that, among other things, require the Company to maintain compliance with a maximum net leverage ratio and a minimum consolidated fixed charge coverage ratio, and impose restrictions and limitations on, among other things, investments, dividends, share repurchases, and asset sales, and the Company’s ability to incur additional debt and additional liens. The term loan is subject to amortization payments of $5 million per quarter and customary mandatory prepayments under certain conditions. In addition, during the nine months ended September 30, 2015 , the Company paid down $20 million of the amounts outstanding under the revolving credit facility. The outstanding balance of the term loan and all amounts outstanding under the revolving credit facility are due upon maturity in September 2019. The future minimum principal payments through the maturity date of the Amended and Restated Credit Agreement were as follows for each of the next five years (in thousands): 2015 (remainder of year) $ 2016 2017 2018 2019 Total $ At September 30, 2015 , the remaining borrowing capacity under the Amended and Restated Credit Agreement, which was reduced by $2.4 million in outstanding letters of credit, was $227.6 million. The changes in the Company’s debt balances for the nine months ended September 30, 2015 , were as follows (in thousands): Balance at Balance at December 31, Repayments September 30, 2014 of Debt 2015 Amended and Restated Credit Agreement: Revolving Credit Facility $ $ $ Term Loan Total $ $ $

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	9 Months Ended
	Sep. 30, 2015
DERIVATIVE INSTRUMENTS
DERIVATIVE INSTRUMENTS	8. DERIVATIVE INSTRUMENTS In March 2012, the Company purchased, for $1.9 million, forward starting interest rate cap instruments based on 3 month LIBOR, effective January 2015 through June 2018. The forward starting interest rate cap instruments have aggregated notional values totaling $130 million. The interest rate cap instruments are designated as cash flow hedges against expected future cash flows attributable to future 3 month LIBOR interest payments on a portion of the outstanding borrowings under the Company’s Amended and Restated Credit Agreement. The gains or losses on the instruments are reported in other comprehensive income/(loss) to the extent that they are effective and are reclassified into earnings when the cash flows attributable to 3-month LIBOR interest payments are recognized in earnings. The estimated fair values and notional values of outstanding derivative instruments at September 30, 2015 and December 31, 2014 were as follows (in thousands): Estimated Fair Value of Notional Value of Derivative Instruments Derivative Instruments Balance Sheet September 30, December 31, September 30, December 31, Location 2015 2014 2015 2014 Derivative Assets: Interest rate caps Other assets $ $ $ $ The Company recognized the following losses from derivatives, before tax, in other comprehensive income/(loss) (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Derivatives Designated as Cash Flow Hedging Instruments: Interest rate caps $ $ $ $ The effective portion, before tax effect, of the Company’s interest rate caps designated as cash flow hedging instruments was $1.5 million at September 30, 2015 and December 31, 2014 . At September 30, 2015 , $0.5 million of this amount was expected to be reclassified from accumulated other comprehensive loss into interest expense in the consolidated statements of operations within the next twelve months. During the quarter and nine months ended September 30, 2015 , $0.1 million and $0.4 million, respectively, was reclassified from accumulated other comprehensive loss into interest expense in the condensed consolid ated statements of operations. No amounts were reclassified out of accumulated other comprehensive loss during the nine months ended September 30, 2014 .

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	9. FAIR VALUE MEASUREMENTS The following table presents estimated fair values of financial assets and liabilities and derivative instruments that were required to be measured at fair value on a recurring basis (in thousands): September 30, 2015 December 31, 2014 Total Level 1 Level 2 Total Level 1 Level 2 Assets: Money market funds and certificates of deposit $ $ $ $ $ $ Derivative assets — — Total $ $ $ $ $ $ Liabilities: Non-qualified deferred compensation plan $ $ — $ $ $ — $ Total $ $ — $ $ $ — $ Provide Commerce has an executive deferred compensation plan for key management level employees under which such employees could elect to defer receipt of current compensation. This plan is intended to be an unfunded, non-qualified deferred compensation plan that complies with the provisions of section 409A of the Internal Revenue Code. At the time of the Acquisition, contributions to the plan were suspended except those relating to any compensation earned but not yet paid as of the date of the Acquisition. The plan assets, which consist primarily of life insurance contracts recorded at their cash surrender value, were $11.9 million and $12.5 million at September 30, 2015 and December 31, 2014 and are included in other assets in the accompanying condensed consolidated balance sheets. The Company estimated the fair value of its long ‑term debt using a discounted cash flow approach that incorporates a market interest yield curve with adjustments for duration and risk profile. In determining the market interest yield curve, the Company considered, among other factors, its estimated credit spread. At September 30, 2015 , the Company estimated its credit spread as 2.5% and 3.1% for the term loan and revolving credit facility, respectively, resulting in yield-to-maturity estimates for the term loan and revolving credit facility of 3.6% and 4.2 % respectively. At December 31, 2014 , the Company estimated its credit spread as 2.0% and 2.6% for the term loan and revolving credit facility, respectively, resulting in yield-to-maturity estimates for the term loan and revolving credit facility of 3.6% and 4.2% , respectively. The table below summarizes the carrying amounts and estimated fair values for long-term debt (in thousands): September 30, 2015 December 31, 2014 Carrying Estimated Fair Value Carrying Estimated Fair Value Amount Level 2 Amount Level 2 Long-term debt, including current portion $ $ $ $ Fair value approximates the carrying amount of financing receivables because such receivables are discounted at a rate comparable to market. Fair values of cash and cash equivalents, short ‑term accounts receivable, accounts payable, and accrued liabilities approximate their carrying amounts because of their short ‑term nature.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2015
STOCKHOLDERS' EQUITY
STOCKHOLDERS' EQUITY	10. STOCKHOLDERS’ EQUITY Common Stock Repurchases On February 27, 2014, the Company’s board of directors authorized a common stock repurchase program (the “Repurchase Program”) that allows FTD Companies, Inc. to repurchase up to $50 million of its common stock from time to time over a two ‑year period in both open market and privately negotiated transactions. Repurchased shares generally will be held in treasury pending use for general corporate purposes, including issuances under various employee and director stock plans. No purchases were made under the Repurchase Program prior to 2015. At September 30, 2015 , the Company has repurchased 0.7 million shares under the Repurchase Program at an average cost per share of $29.72 . No repurchases were made under the Repurchase Program during the quarter ended September 30, 2015. Upon vesting of restricted stock units (“RSUs”) or exercise of stock options, the Company does not collect the minimum statutory withholding taxes in cash from employees. Instead, the Company automatically withholds, from the RSUs that vest or stock options exercised, the portion of those shares with a fair market value equal to the amount of the minimum statutory withholding taxes due. The withheld shares are accounted for as repurchases of common stock but are not considered repurchases under the Repurchase Program. The Company then pays the minimum statutory withholding taxes in cash. During the nine months ended September 30, 2015 , 0.2 million RSUs vested for which 0.1 million shares were withheld to cover the minimum statutory withholding taxes of $2.0 million.

INCENTIVE COMPENSATION PLANS

INCENTIVE COMPENSATION PLANS	9 Months Ended
	Sep. 30, 2015
INCENTIVE COMPENSATION PLANS
INCENTIVE COMPENSATION PLANS	11. INCENTIVE COMPENSATION PLANS The FTD Companies, Inc. Amended and Restated 2013 Incentive Compensation Plan (as so amended, the “Amended and Restated 2013 Plan”) authorizes the granting of awards to employees and non-employee directors, including stock options, stock appreciation rights, RSUs and other stock based awards. In June 2015, stockholders approved the amendment and restatement of the Amended and Restated 2013 Plan. Under the Amended and Restated 2013 Plan, 5.2 million shares of FTD common stock have been reserved for issuance of awards. At September 30, 2015 , the Company had 3.0 million shares available for issuance under the Amended and Restated 2013 Plan. In addition, in July 2015, eligible employees of the Company were able to participate in the FTD Companies, Inc. 2015 Employee Stock Purchase Plan which was also approved by stockholders in June 2015. On August 10, 2015, the Company granted 1.85 million stock options to certain management employees. The stock options granted will generally vest in four equal annual installments beginning on January 1, 2016. The options were granted with an exercise price of $29.97 and the following assumptions were used to estimate the fair value of the stock options at the grant date: Risk free interest Rate % Expected term (in years) Dividend yield % Expected volatility % On March 9, 2015, the Company granted RSUs to certain employees totaling 0.3 million shares. The RSUs granted will generally vest in four equal annual installments beginning on February 15, 2016. The grant date fair value of the RSUs was $34.44 , the market value of the underlying stock on the grant date . The following table summarizes the stock ‑based compensation incurred in the quarters ended September 30, 2015 and 2014 , respectively, that has been included in the condensed consolidated statements of operations (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Cost of revenues $ $ $ $ Sales and marketing General and administrative Total stock-based compensation $ $ $ $

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2015
INCOME TAXES
INCOME TAXES	12. INCOME TAXES During the quarter ended September 30, 2015 , the Company recorded a tax benefit of $0.8 million on a pre-tax loss of $17.3 million, compared to a tax benefit of $2.2 million on pre-tax income of $2.4 million for the quarter ended September 30, 2014 . The effective tax rate decreased for the quarter ended September 30, 2015, as compared to the quarter ended September 30, 2014, primarily due to anticipated book losses in the U.S. resulting from the amortization of intangibles acquired in the Acquisition. During the nine months ended September 30, 2015 , the Company recorded a tax benefit of $0.4 million on pre-tax income of $2.9 million, compared to a tax provision of $8.1 million on pre-tax income of $27.1 million for the nine months ended September 30, 2014 . The effective tax rate decreased for the nine months ended September 30, 2015 , as compared to the nine months ended September 30, 2014 , primarily due to anticipated book losses in the U.S. resulting from the amortization of intangibles acquired in the Acquisition.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2015
EARNINGS PER SHARE
EARNINGS PER SHARE	13. EARNINGS PER SHARE Certain of the Company’s RSUs are considered participating securities because they contain a non ‑forfeitable right to dividends irrespective of whether dividends are actually declared or paid or the awards ultimately vest. Accordingly, the Company computes earnings per share pursuant to the two ‑class method in accordance with ASC 260, Earnings Per Share. The following table sets forth the computation of basic and diluted earnings per common share (in thousands, except per share amounts): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Numerator: Net income/(loss) $ $ $ $ Income allocated to participating securities — Net income/(loss) attributable to common stockholders $ $ $ $ Denominator: Basic average common shares outstanding Add: Dilutive effect of non-participating securities — Diluted average common shares outstanding Basic earnings/(loss) per common share $ $ $ $ Diluted earnings/(loss) per common share $ $ $ $ In connection with the Acquisition, the Company issued 10.2 million shares of FTD common stock to Liberty. The diluted earnings per common share computations exclude stock options and RSUs which are antidilutive. Weighted ‑average antidilutive shares for the quarter and nine months ended September 30, 2015 were 1.3 million and 0.7 million, respectively.

RESTRUCTURING AND OTHER EXIT CO

RESTRUCTURING AND OTHER EXIT COSTS	9 Months Ended
	Sep. 30, 2015
RESTRUCTURING AND OTHER EXIT COSTS
RESTRUCTURING AND OTHER EXIT COSTS	14. RESTRUCTURING AND OTHER EXIT COSTS Restructuring and other exit costs were as follows (in thousands): Employee Facility Termination Closure Asset Costs Costs Impairments Total Accrued as of December 31, 2014 $ $ — $ — $ Charges Cash paid — Other adjustments — Accrued as of September 30, 2015 $ $ $ — $ During the nine months ended September 30, 2015 , the Company incurred restructuring and other exit costs of $5.9 million primarily related to severance and lease termination and exit costs. Such costs are associated primarily with the shutdown of certain Provide Commerce developing businesses and locations. The Company currently does not expect significant additional costs related to these actions.

CONTINGENCIES-LEGAL MATTERS

CONTINGENCIES-LEGAL MATTERS	9 Months Ended
	Sep. 30, 2015
CONTINGENCIES-LEGAL MATTERS
CONTINGENCIES-LEGAL MATTERS	15. CONTINGENCIES—LEGAL MATTERS In 2010, FTD.COM and Classmates, Inc. (a wholly-owned subsidiary of United Online) 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 primary focus of the inquiry concerned certain post transaction sales practices in which these companies previously engaged with certain third party vendors. In the second quarter of 2012, FTD.COM and Classmates, Inc. received an offer of settlement from the Multistate Work Group consisting of certain injunctive relief and the consideration of two areas of monetary relief: (1) restitution to consumers and (2) a $20 million payment by these companies for the violations alleged by the Multistate Work Group and to reimburse the Multistate Work Group for its investigation costs. FTD.COM and Classmates, Inc. rejected the Multistate Work Group’s offer. Following additional discussions with the Multistate Work Group, on December 23, 2014, FTD.COM and Classmates, Inc. submitted a proposal to resolve the matter without admitting liability by making a settlement payment in an aggregate amount of $8 million relating to both companies and $2.5 million restitution by Classmates, Inc. to a group of purchasers of its subscription services. On January 15, 2015, the Multistate Work Group responded to the companies’ December 23, 2014, offer with a counter offer seeking a payment from FTD.COM and Classmates, Inc. of $8 million relating to both companies and restitution from Classmates, Inc. of $3 million. In March 2015, FTD.COM and Classmates, Inc. accepted the Multistate Work Group’s latest counter offer. Final settlement agreements were approved by the respective court in each of the States listed above and the respective settlement payments, totaling $2.8 million, were made by FTD.COM to the various states in 2015. There are no assurances that additional governmental investigations or other legal actions will not be instituted in connection with the Company’s former post ‑transaction sales practices or other current or former business practices. The Company cannot predict the outcome of governmental investigations or other legal actions or their potential implications for its business. The Separation and Distribution Agreement which was executed between FTD and United Online in connection with the Company’s November 2013 separation from United Online (the “Separation”) provides United Online with the right to control the litigation and settlement of certain litigation matters that relate to United Online, its predecessors and its consolidated subsidiaries and the Company, its predecessors and its consolidated subsidiaries, and which were asserted before the Separation, as well as specified litigation matters which are asserted after the Separation. These matters include matters relating to the Company’s former post ‑transaction sales practices or other current or former business practices described above. The Separation and Distribution Agreement also provides for the allocation of liabilities and expenses between United Online and the Company with respect to these matters. In May 2015, FTD and United Online entered into an amendment to the Separation and Distribution Agreement providing for the parties to jointly coordinate the litigation and settlement of certain specified litigation matters which are asserted after the Separation. In addition, pursuant to such amendment, the foregoing obligations of the parties will terminate on May 20, 2017, provided that for certain matters that may be pending as of such date, such obligations will terminate no later than May 20, 2019. The Separation and Distribution Agreement also establishes procedures with respect to claims subject to indemnification, insurance claims, and related matters. The Company and United Online may not prevail in future claims and any judgments against the Company, or settlement or resolution of such claims may involve the payment of significant sums, including damages, fines, penalties, or assessments, or changes to the Company’s business practices. In December 2008, Interflora, Inc. (in which the Company has a two ‑thirds ownership interest) and Interflora issued proceedings against Marks and Spencer plc (“Marks and Spencer”) seeking injunctive relief, damages, interest, and costs in an action claiming infringement of U.K. trademark registration number 1329840 and European Community trademark registration number 909838, both for the word “Interflora”. Marks and Spencer did not make a counterclaim. In July 2009, the High Court of Justice of England and Wales (the “High Court”), referred certain questions to the Court of Justice of European Union (“CJEU”) for a preliminary ruling. In September 2011, the CJEU handed down its judgment on the questions referred by the High Court. In February 2012, the High Court scheduled the trial for April 2013. In September 2012, Interflora executed an indemnity agreement by which Interflora agreed to indemnify Interflora, Inc. against all losses and expenses arising out of this action which Interflora, Inc. may incur after July 10, 2012. The trial in this matter concluded in April 2013. In May 2013, the High Court ruled that Marks and Spencer infringed the Interflora trademarks. In June 2013, the High Court issued an injunction prohibiting Marks and Spencer from infringing the Interflora trademarks in specified jurisdictions and ordered Marks and Spencer to provide certain disclosures in order for damages to be quantified. The High Court granted Marks and Spencer permission to appeal the ruling. The appeal was heard by the Court of Appeal at a hearing held July 8-10, 2014. On November 5, 2014, the Court of Appeal issued its judgment upholding the appeal but did not determine the case in favor of either party, and instead remitted the case for a retrial by the High Court. On November 12, 2014, the Court of Appeal determined the order from its judgment, which became effective as of November 18, 2014, setting aside the order of the High Court from June of 2013. The part of the order lifting the injunction prohibiting Marks and Spencer from infringing the Interflora trademarks was lifted on December 2, 2014. At a case management conference on June 18, 2015, the High Court ordered that the parties take certain steps to allow it to determine the scope of the evidence at a resumed case management conference in November and ordered that the parties attend court to set a date for a six day retrial before the High Court. In October 2015, this matter was resolved pursuant to the terms of a confidential settlement agreed to by the parties. The confidential settlement is subject to final documentation, and its impact on the Company's consolidated financial statements will be immaterial. Commencing on August 19, 2009, the first of a series of consumer class action lawsuits was brought against Provide Commerce, Inc. and co-defendant Regent Group, Inc. d/b/a Encore Marketing International (“EMI”). These cases were ultimately consolidated during the next three years into Case No. 09 CV 2094 in the United States District Court for the Southern District of California under the title In re EasySaver Rewards Litigation. Plaintiffs’ claims arise from their online enrollment in subscription based membership programs known as EasySaver Rewards, RedEnvelope Rewards, and Preferred Buyers Pass (collectively the “Membership Programs”). Plaintiffs claim that after they ordered items from certain of Provide Commerce’s websites, they were presented with an offer to enroll in one of the Membership Programs, each of which is offered and administered by EMI. Plaintiffs purport to represent a putative nationwide class of consumers allegedly damaged by Provide Commerce’s purported unauthorized or otherwise allegedly improper transferring of the putative class members’ billing information to EMI, who then posted allegedly unauthorized charges to their credit or debit card accounts for membership fees for the Membership Programs. On February 22, 2010, Provide Commerce and EMI respectively filed motions to dismiss. On August 13, 2010, the court entered an order granting in part and denying in part the motions. Between August 13, 2010 and December 2011, plaintiffs filed various amended complaints and added or dismissed certain named plaintiffs. Plaintiffs filed the fourth amended complaint on December 14, 2011. The fourth amended complaint is the operative complaint. Plaintiffs assert ten claims against Provide Commerce and EMI in the fourth amended complaint: (1) breach of contract (against Provide Commerce only); (2) breach of contract (against EMI only); (3) breach of implied covenant of good faith and fair dealing; (4) fraud; (5) violations of the California Consumers Legal Remedies Act; (6) unjust enrichment; (7) violation of the Electronic Funds Transfer Act (against EMI only); (8) invasion of privacy; (9) negligence; and (10) violations of the Unfair Competition Law. Plaintiffs assert their claims individually and on behalf of a putative nationwide class. Plaintiffs sought damages, attorneys’ fees, and costs. Provide Commerce and EMI filed motions to dismiss the claims of plaintiffs Lawler, Walters, Cox, and Dickey on January 24, 2012. The motions to dismiss were fully briefed as of February 23, 2012, but the court had not yet conducted a hearing or ruled on the motions. The parties participated in numerous settlement conferences and mediations throughout the case in an effort to resolve this matter. On April 9, 2012, the parties reached an agreement on the high level terms of a settlement, conditioned on the parties negotiating and executing a complete written agreement. In the weeks following April 9, 2012, the parties negotiated a formal written settlement agreement (“Settlement”). Upon reaching the Settlement, the hearing on the motions to dismiss was vacated, and Provide Commerce and EMI have not answered the fourth amended complaint in light of the Settlement. The court granted the plaintiffs’ unopposed motion for preliminary approval of the Settlement on June 13, 2012. After notice to the class and briefing by the parties, the court conducted a final approval hearing (also known as a fairness hearing) on January 28, 2013, and took the matter under submission at the conclusion of the hearing. On February 4, 2013, the court entered its final order approving class action settlement, granting plaintiffs’ motion for attorneys’ fees, costs, and incentive awards, and overruling objections filed by a single objector to the Settlement. The court entered judgment on the settlement on February 21, 2013. The objector filed a notice of appeal with the Ninth Circuit Court of Appeals on March 4, 2013. After the completion of briefing, the Ninth Circuit set oral argument on the appeal for February 2, 2015. But on January 29, 2015, the Ninth Circuit entered an order deferring argument and resolution of the appeal pending the Ninth Circuit’s decision in a matter captioned Frank v . Netflix , No. 12 15705+. The Ninth Circuit issued its opinion in Frank v . Netflix , No. 12 15705+ on February 27, 2015, affirming the district court’s approval of a settlement between Walmart and a class of Netflix DVD subscribers. On March 19, 2015, the Ninth Circuit entered an order vacating the judgment in this matter and remanding it to the district court for further proceedings consistent with Frank v. Netflix . The Ninth Circuit’s mandate issued on April 14, 2015, and the matter is now pending before the district court to consider final approval of the Settlement in light of Frank v. Netflix . On April 23, 2015, the district court entered an order reopening the case and ordering the parties to jointly submit a memorandum summarizing the import of the Frank v. Netflix decision and stating their intentions going forward. On May 4, 2015, such memorandum was filed by the parties and the objector also filed his own memorandum regarding these same topics on such date. After receiving the parties and objector’s memoranda, the district court ordered supplemental briefing on the issue of final settlement approval on May 21, 2015. The parties filed their respective opening supplemental briefs on June 18, 2015, the objector filed his opposition supplemental brief on July 2, 2015, and the parties filed their respective reply supplemental briefs on July 16, 2015. The district court has not yet set the hearing date for the pending final settlement approval motion. The Company records a liability when it believes that it is both probable that a loss has been 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 September 30, 2015 and December 31, 2014 , the Company had reserves totaling $3.5 million and $5.4 million, respectively, for estimated losses related to certain legal matters. With respect to other legal matters, 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, 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.

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	9 Months Ended
	Sep. 30, 2015
SUPPLEMENTAL CASH FLOW INFORMATION
SUPPLEMENTAL CASH FLOW INFORMATION	16. SUPPLEMENTAL CASH FLOW INFORMATION The following table sets forth supplemental cash flow disclosures (in thousands): Nine Months Ended September 30, 2015 2014 Cash paid for interest $ $ Cash paid for income taxes, net $ $

DESCRIPTION OF BUSINESS, BASI25

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	9 Months Ended
	Sep. 30, 2015
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS
Basis of Presentation	Basis of Presentation These condensed consolidated financial statements are unaudited and 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 U.S. 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 condensed consolidated financial statements, in the opinion of management, reflect all adjustments (consisting only of normal recurring adjustments) that are necessary for a fair presentation of financial position and operating results for the periods presented. The results of operations for such periods are not necessarily indicative of the results expected for any future periods. The condensed consolidated balance sheet information at December 31, 2014 , was derived from the Company’s audited consolidated financial statements, included in the Company’s Annual Report on Form 10-K (“Form 10-K”) for the year ended December 31, 2014 , but does not include all of the disclosures required by GAAP. The condensed consolidated financial statements reflect the historical financial position, results of operations, and cash flows of the Company. The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make accounting policy elections, estimates, and assumptions that affect a number of reported amounts and related disclosures in the condensed consolidated financial statements. Management bases its estimates on historical experience and assumptions that it believes are reasonable. Actual results could differ from those estimates and assumptions. The most significant areas of the condensed consolidated financial statements that require management’s judgment include the Company’s revenue recognition, goodwill, indefinite ‑lived intangible assets and other long ‑lived assets, allowance for doubtful accounts, income taxes, software capitalization, legal contingencies, and preliminary estimates of fair values of assets acquired and liabilities assumed with the Acquisition. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in the Company’s Form 10 ‑K for the year ended December 31, 2014 .
Emerging Growth Company Reporting Requirements	“Emerging Growth Company” Reporting Requirements The Company qualifies as an “emerging growth company” as defined in the Jumpstart Our Business Startups Act. As an “emerging growth company,” the Company has elected to take advantage of the extended transition period for complying with new or revised accounting standards until such standards are also applicable to private companies. As a result of this election, the Company’s consolidated financial statements may not be comparable to companies that comply with non ‑emerging growth companies’ effective dates for such new or revised standards. Further, as a result of the Acquisition, the Company anticipates that it will no longer qualify as an “emerging growth company” as of December 31, 2015 .
Recent Accounting Pronouncements	Recent Accounting Pronouncements In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists , as codified in FASB Accounting Standards Codification (“ASC”) 740. The amendments in this ASU state that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. However, to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. The amendments in this ASU were effective for the Company beginning January 1, 2015. The amendments were applied prospectively to all unrecognized tax benefits that existed at the effective date. This update did not have a material impact on the Company’s consolidated financial statements. In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts with Customers . The amendments in this ASU affect any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The amendments in this ASU require an entity to recognize revenue related to 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. This guidance was deferred by ASU 2015-14, issued by the FASB in August 2015, and is now effective for fiscal years and interim periods beginning on or after December 15, 2017 with early adoption permitted as of the original effective date for periods beginning after December 15, 2016. The Company is currently assessing the impact of this update on its consolidated financial statements. In January 2015, FASB issued ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items , which eliminates the concept of extraordinary items from GAAP. The amendments in this ASU eliminate the requirement that an entity separately classify, present, and disclose extraordinary events and transactions. The amendments in this ASU will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments should be applied prospectively and retrospective application is permitted. The Company does not expect this update to have a material impact on its consolidated financial statements. In April 2015, FASB issued ASU No. 2015-03, Interest—Imputation of Interest , which simplifies the presentation of debt issuance costs by requiring debt issuance costs related to a debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. Additionally in August 2015, the FASB issued ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements , to clarify that an entity may elect to present debt issuance costs related to a line-of-credit arrangement as an asset, regardless of whether or not there are any outstanding borrowings on the line-of-credit arrangement. The amendments in these ASUs will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments should be applied on a retrospective basis. The Company expects that these updates will reduce both other assets and the outstanding debt balance by approximately $3.1 million at September 30, 2015 . In April 2015, FASB issued ASU No. 2015-05, Intangibles – Goodwill and Other – Internal-Use Software - Customer's Accounting for Fees Paid in a Cloud Computing Arrangement , which provides guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer’s accounting for service contracts. The amendments in this ASU will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments can be applied prospectively to all arrangements entered into or materially modified after the effective date or retrospectively and early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements. In July 2015, FASB issued ASU No. 2015-11, Inventory—Simplifying the Measurement of Inventory , which changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. The ASU defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The update does not apply to inventory that is measured using last-in, first-out or the retail inventory method. The update applies to all other inventory, which includes inventory that is measured using first-in, first-out or average cost methods. The amendments in this ASU will be effective for the Company for fiscal years, and the interim periods within those years, beginning after December 15, 2016. The amendments must be applied prospectively and early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements. In September 2015, FASB issued ASU No. 2015-16, Business Combinations —Simplifying the Accounting for Measurement-Period Adjustments . This update requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, including the cumulative effect of the change in provisional amount as if the accounting had been completed at the acquisition date. The adjustments related to previous reporting periods since the acquisition date must be disclosed by income statement line item either on the face of the income statement or in the notes. The amendments in this ASU will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2015. The amendments must be applied prospectively and early adoption is permitted. The Company has adopted the amendments in this update, which did not have a material impact on the Company’s consolidated financial statements.

ACQUISITION (Tables)

ACQUISITION (Tables)	9 Months Ended
	Sep. 30, 2015
ACQUISITION
Schedule of preliminary estimates of fair value of the assets acquired and liabilities assumed, including the effects of immaterial adjustments to the preliminary purchase price allocation	The following table summarizes the preliminary estimates of fair value of the assets acquired and liabilities assumed, including the effects of immaterial adjustments to the preliminary purchase price allocation (in thousands): Preliminary Estimate of Fair Value Net liabilities assumed: Cash $ Accounts receivable Inventories Prepaid expenses Other assets Property and equipment Accounts payable and accrued liabilities Deferred tax liabilities, net Other liabilities Total net liabilities assumed Intangible assets acquired: Trademarks and trade names Customer contracts and relationships Complete technology Total intangible assets acquired Goodwill Total purchase price $
Schedule of unaudited pro forma consolidated financial information	For the Quarter For the Nine Months (in thousands, except per share amounts) Ended September 30, 2014 Ended September 30, 2014 Revenues $ $ Net income/(loss) $ $ Basic and diluted earnings per share $ $

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2015
SEGMENT INFORMATION
Schedule of reconciliation of segment revenues to consolidated revenues	Below is a reconciliation of segment revenues to consolidated revenues (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Products revenues: Consumer $ $ $ $ Florist International Provide Commerce — — Segment products revenues Services revenues: Florist International Segment services revenues Intersegment eliminations Consolidated revenues $ $ $ $
Schedule of intersegment revenues by segment	Intersegment revenues represent amounts charged from one segment to the other for services provided based on order volume at a set rate per order. Intersegment revenues by segment were as follows (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Intersegment revenues: Consumer $ $ $ $ Florist Provide Commerce — — Total intersegment revenues $ $ $ $
Schedule of reconciliation of segment operating income/(loss) to consolidated operating income/(loss) and income/(loss) before income taxes	Below is a reconciliation of segment operating income/(loss) to consolidated operating income/(loss) and income/(loss) before income taxes (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Segment operating income/(loss) (a) : Consumer $ $ $ $ Florist International Provide Commerce — — Total segment operating income Unallocated expenses (b) Depreciation expense and amortization of intangible assets Operating income/(loss) Interest expense, net Other income/(expense), net Income/(loss) before income taxes $ $ $ $ (a) Segment operating income/(loss) is operating income/(loss) excluding depreciation, amortization, litigation and dispute settlement charges or gains, transaction and integration-related costs, and restructuring and other exit costs. Stock ‑based compensation and general corporate expenses are not allocated to the segments. Segment operating income is prior to intersegment eliminations and excludes other income/(expense), net. (b) Unallocated expenses include various corporate costs, such as corporate finance, legal, and certain human resources costs. In addition, unallocated expenses include stock ‑based compensation for all eligible Company employees, restructuring and other exit costs, transaction and integration-related costs, and litigation and dispute settlement charges or gains.
Schedule of geographic revenues to external customers	Geographic revenues to external customers were as follows for the periods presented (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 U.S. $ $ $ $ U.K. Consolidated revenues $ $ $ $
Schedule of geographic information for long-lived assets	Geographic information for long ‑lived assets, consisting of amortizable intangible assets, property and equipment and other non-current assets, was as follows (in thousands): September 30, December 31, 2015 2014 U.S $ $ U.K. Total long-lived assets $ $

BALANCE SHEET COMPONENTS (Table

BALANCE SHEET COMPONENTS (Tables)	9 Months Ended
	Sep. 30, 2015
BALANCE SHEET COMPONENTS
Schedule of credit quality of financing receivables	Credit quality of financing receivables was as follows (in thousands): September 30, 2015 December 31, 2014 Current $ $ Past due Total $ $
Schedule of aging of past due financing receivables	The aging of past due financing receivables was as follows (in thousands): September 30, 2015 December 31, 2014 Current $ $ Past due: 1 - 150 days past due 151 - 364 days past due 365 - 730 days past due 731 or more days past due Total $ $
Schedule of allowance for credit losses and the recorded investment in financing receivables	The allowance for credit losses and the recorded investment in financing receivables were as follows (in thousands): Nine Months Ended September 30, 2015 2014 Allowance for credit losses: Balance at January 1 $ $ Provision Write-offs charged against allowance Balance at September 30 $ $ Ending balance collectively evaluated for impairment $ $ Ending balance individually evaluated for impairment $ $ Recorded investments in financing receivables: Balance collectively evaluated for impairment $ $ Balance individually evaluated for impairment $ $
Schedule of property and equipment	Property and equipment consisted of the following (in thousands): September 30, 2015 December 31, 2014 Land and improvements $ $ Buildings and improvements Leasehold improvements Equipment Computer equipment Computer software Furniture and fixtures Accumulated depreciation Total $ $

GOODWILL, INTANGIBLE ASSETS, 29

GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS (Tables)	9 Months Ended
	Sep. 30, 2015
GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS
Schedule of changes in the net carrying amount of goodwill	The changes in the net carrying amount of goodwill for the nine months ended September 30, 2015 were as follows (in thousands): Provide Consumer Florist International Commerce Total Goodwill at December 31, 2014 $ $ $ $ $ Foreign currency translation — — — Provide Commerce acquisition (a) — — — Goodwill at September 30, 2015 $ $ $ $ $ (a) Adjustments to goodwill include revisions to preliminary fair value amounts and the final working capital adjustment, which were recorded during the nine months ended September 30, 2015 .
Schedule of intangible assets	Intangible assets are primarily related to the acquisition of Provide Commerce in December 2014 and the acquisition of the Company by United Online in August 2008 and consist of the following (in thousands): September 30, 2015 December 31, 2014 Gross Accumulated Gross Accumulated Value Amortization Net Value Amortization Net Complete technology $ $ $ $ $ $ Customer contracts and relationships Trademarks and trade names Total $ $ $ $ $ $
Schedule of estimated future intangible assets amortization expense	Estimated future intangible assets amortization expense for each of the next five years and thereafter, was as follows (in thousands): 2015 (remainder of year) $ 2016 2017 2018 2019 Thereafter Total $

FINANCING ARRANGEMENTS (Tables)

FINANCING ARRANGEMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
FINANCING ARRANGEMENTS
Schedule of future minimum principal payments	The future minimum principal payments through the maturity date of the Amended and Restated Credit Agreement were as follows for each of the next five years (in thousands): 2015 (remainder of year) $ 2016 2017 2018 2019 Total $
Schedule of changes in debt balances	The changes in the Company’s debt balances for the nine months ended September 30, 2015 , were as follows (in thousands): Balance at Balance at December 31, Repayments September 30, 2014 of Debt 2015 Amended and Restated Credit Agreement: Revolving Credit Facility $ $ $ Term Loan Total $ $ $

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
DERIVATIVE INSTRUMENTS
Schedule of estimated fair values and notional values of outstanding derivative instruments	The estimated fair values and notional values of outstanding derivative instruments at September 30, 2015 and December 31, 2014 were as follows (in thousands): Estimated Fair Value of Notional Value of Derivative Instruments Derivative Instruments Balance Sheet September 30, December 31, September 30, December 31, Location 2015 2014 2015 2014 Derivative Assets: Interest rate caps Other assets $ $ $ $
Schedule of losses from derivatives, before tax, recognized in other comprehensive income/(loss)	The Company recognized the following losses from derivatives, before tax, in other comprehensive income/(loss) (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Derivatives Designated as Cash Flow Hedging Instruments: Interest rate caps $ $ $ $

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
FAIR VALUE MEASUREMENTS
Schedule of estimated fair values of financial assets and derivative instruments measured at fair value on a recurring basis	The following table presents estimated fair values of financial assets and liabilities and derivative instruments that were required to be measured at fair value on a recurring basis (in thousands): September 30, 2015 December 31, 2014 Total Level 1 Level 2 Total Level 1 Level 2 Assets: Money market funds and certificates of deposit $ $ $ $ $ $ Derivative assets — — Total $ $ $ $ $ $ Liabilities: Non-qualified deferred compensation plan $ $ — $ $ $ — $ Total $ $ — $ $ $ — $
Summary of the carrying amount and estimated fair values for long-term debt	The table below summarizes the carrying amounts and estimated fair values for long-term debt (in thousands): September 30, 2015 December 31, 2014 Carrying Estimated Fair Value Carrying Estimated Fair Value Amount Level 2 Amount Level 2 Long-term debt, including current portion $ $ $ $

INCENTIVE COMPENSATION PLANS (T

INCENTIVE COMPENSATION PLANS (Tables)	9 Months Ended
	Sep. 30, 2015
INCENTIVE COMPENSATION PLANS
Schedule of assumptions used to estimate the fair value of stock options granted	Risk free interest Rate % Expected term (in years) Dividend yield % Expected volatility %
Summary of the stock-based compensation, incurred under the Amended and Restated 2013 Plan	The following table summarizes the stock ‑based compensation incurred in the quarters ended September 30, 2015 and 2014 , respectively, that has been included in the condensed consolidated statements of operations (in thousands): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Cost of revenues $ $ $ $ Sales and marketing General and administrative Total stock-based compensation $ $ $ $

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2015
EARNINGS PER SHARE
Schedule of computation of basic and diluted earnings per common share	The following table sets forth the computation of basic and diluted earnings per common share (in thousands, except per share amounts): Quarter Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Numerator: Net income/(loss) $ $ $ $ Income allocated to participating securities — Net income/(loss) attributable to common stockholders $ $ $ $ Denominator: Basic average common shares outstanding Add: Dilutive effect of non-participating securities — Diluted average common shares outstanding Basic earnings/(loss) per common share $ $ $ $ Diluted earnings/(loss) per common share $ $ $ $

RESTRUCTURING AND OTHER EXIT 35

RESTRUCTURING AND OTHER EXIT COSTS (Tables)	9 Months Ended
	Sep. 30, 2015
RESTRUCTURING AND OTHER EXIT COSTS
Schedule of restructuring and other exit costs	Restructuring and other exit costs were as follows (in thousands): Employee Facility Termination Closure Asset Costs Costs Impairments Total Accrued as of December 31, 2014 $ $ — $ — $ Charges Cash paid — Other adjustments — Accrued as of September 30, 2015 $ $ $ — $

SUPPLEMENTAL CASH FLOW INFORM36

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2015
SUPPLEMENTAL CASH FLOW INFORMATION
Schedule of supplemental cash flow disclosures	The following table sets forth supplemental cash flow disclosures (in thousands): Nine Months Ended September 30, 2015 2014 Cash paid for interest $ $ Cash paid for income taxes, net $ $

DESCRIPTION OF BUSINESS, BASI37

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION, ACCOUNTING POLICIES, AND RECENT ACCOUNTING PRONOUNCEMENTS (Details) $ in Thousands, shares in Millions	Dec. 31, 2014USD ($)shares	Sep. 30, 2015USD ($)item
Description of business
Number of floral shops | item		40,000
Number of countries in which floral shops are located | item		150
Purchase consideration, net of acquired cash		$ 9,935
New Accounting Pronouncement, Early Adoption, Effect
Recent accounting pronouncements
Reduction of other assets		3,100
Reduction of outstanding debt		$ 3,100
Provide Commerce
Description of business
Purchase consideration, net of acquired cash	$ 106,600
Cash on hand	38,081
Post-closing working capital adjustment	$ 9,900
Number of shares issued as consideration to Liberty | shares	10.2
Stock portion of purchase price as percentage of issued and outstanding total number of shares of common stock of the entity	35.00%
Interflora, Inc.
Description of business
Portion of operation of subsidiary owned by third party (as a percent)		33.00%

ACQUISITION (Details)

ACQUISITION (Details) $ / shares in Units, $ in Thousands, shares in Millions	Dec. 31, 2014USD ($)item$ / sharesshares	Sep. 30, 2014USD ($)$ / shares	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)$ / shares
Acquisitions
Purchase consideration, net of acquired cash			$ 9,935
Intangible assets acquired
Goodwill	$ 632,212		$ 646,120
Pro forma consolidated financial information
Revenue		$ 191,512		$ 964,038
Net income/(loss)		$ (5,793)		$ 324
Basic and diluted earnings per share (in dollars per share) | $ / shares		$ (0.20)		$ 0.01
Provide Commerce
Acquisitions
Number of complimentary businesses combined during the year | item	2
Purchase consideration, net of acquired cash	$ 106,600
Post-closing working capital adjustment	$ 9,900
Number of shares issued as consideration to Liberty | shares	10.2
Stock portion of purchase price as percentage of issued and outstanding total number of shares of common stock of the entity	35.00%
Closing price (in dollars per share) | $ / shares	$ 34.82
Estimated fair value of the identifiable assets acquired and liabilities assumed
Cash	$ 38,081
Accounts receivable	8,302
Inventories	18,650
Prepaid expenses	11,550
Other assets	14,931
Property and equipment	42,198
Accounts payable and accrued liabilities	(82,741)
Deferred tax liabilities, net	(88,171)
Other liabilities	(13,342)
Total net liabilities assumed	(50,542)
Intangible assets acquired
Total intangible assets acquired	246,800
Goodwill	313,643
Total purchase price	$ 509,901
Provide Commerce | Minimum
Acquisitions
Estimated useful lives	2 years
Provide Commerce | Maximum
Acquisitions
Estimated useful lives	15 years
Provide Commerce | Trademarks and trade names
Intangible assets acquired
Intangible assets acquired	$ 119,400
Provide Commerce | Customer contracts and relationships
Intangible assets acquired
Intangible assets acquired	91,100
Provide Commerce | Complete technology
Intangible assets acquired
Intangible assets acquired	$ 36,300

SEGMENT INFORMATION - Segment R

SEGMENT INFORMATION - Segment Revenues (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)segment	Sep. 30, 2014USD ($)segment
Segment revenues
Number of reportable segments | segment			4	3
Products revenues	$ 157,745	$ 94,052	$ 820,020	$ 379,498
Services revenues	30,774	31,048	102,081	103,549
Total revenues	188,519	125,100	922,101	483,047
Provide Commerce
Segment revenues
Net income of Provide Commerce included in consolidated statement of operations		0		0
Operating segments
Segment revenues
Products revenues	161,495	97,218	833,863	392,860
Services revenues	30,834	31,113	102,303	103,795
Operating segments | Consumer
Segment revenues
Products revenues	59,573	54,714	245,295	238,383
Operating segments | Florist
Segment revenues
Products revenues	10,692	10,123	39,510	37,023
Services revenues	26,061	26,115	86,412	87,038
Operating segments | International
Segment revenues
Products revenues	30,765	32,381	108,809	117,454
Services revenues	4,773	4,998	15,891	16,757
Operating segments | Provide Commerce
Segment revenues
Products revenues	60,465	0	440,249	0
Intersegment eliminations
Segment revenues
Total revenues	(3,810)	(3,231)	(14,065)	(13,608)
Intersegment eliminations | Consumer
Segment revenues
Total revenues	(3,160)	(3,166)	(13,182)	(13,362)
Intersegment eliminations | Florist
Segment revenues
Total revenues	(60)	(65)	(222)	(246)
Intersegment eliminations | Provide Commerce
Segment revenues
Total revenues	$ (590)	$ 0	$ (661)	$ 0

SEGMENT INFORMATION - Operating

SEGMENT INFORMATION - Operating income reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment operating income/(loss) before income taxes
Operating income/(loss)	$ (15,061)	$ 3,923	$ 9,372	$ 30,547
Depreciation expense and amortization of intangible assets	(21,352)	(5,268)	(63,265)	(19,297)
Interest expense, net	(2,328)	(1,413)	(6,995)	(3,894)
Other income/(expense), net	131	(74)	557	398
Income/(loss) before income taxes	(17,258)	2,436	2,934	27,051
Operating segments
Segment operating income/(loss) before income taxes
Operating income/(loss)	17,489	19,483	108,889	74,974
Operating segments | Consumer
Segment operating income/(loss) before income taxes
Operating income/(loss)	9,641	5,060	27,995	23,738
Operating segments | Florist
Segment operating income/(loss) before income taxes
Operating income/(loss)	10,067	10,660	36,327	35,906
Operating segments | International
Segment operating income/(loss) before income taxes
Operating income/(loss)	3,460	3,763	15,260	15,330
Operating segments | Provide Commerce
Segment operating income/(loss) before income taxes
Operating income/(loss)	(5,679)	0	29,307	0
Unallocated amounts
Segment operating income/(loss) before income taxes
Unallocated expenses	$ (11,198)	$ (10,292)	$ (36,252)	$ (25,130)

SEGMENT INFORMATION - Geographi

SEGMENT INFORMATION - Geographic revenues and asset (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Segment information
Revenues	$ 188,519	$ 125,100	$ 922,101	$ 483,047
Long-lived assets	293,297		293,297		$ 280,994
U.S.
Segment information
Revenues	152,981	87,721	797,401	348,836
Long-lived assets	285,510		285,510		272,659
U.K.
Segment information
Revenues	35,538	$ 37,379	124,700	$ 134,211
Long-lived assets	$ 7,787		$ 7,787		$ 8,335

BALANCE SHEET COMPONENTS - Fina

BALANCE SHEET COMPONENTS - Financing receivables (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Credit quality of financing receivables
Current	$ 11,057		$ 10,913
Past due	680		3,268
Total	11,737		14,181
Aging of past due financing receivables
Current	11,057		10,913
Past due:
1-150 days past due	151		147
151-364 days past due	161		163
365-730 days past due	262		244
731 or more days past due	106		2,714
Total	11,737		14,181
Financing receivables on nonaccrual status	700		$ 3,300
Allowance for credit losses:
Balance at the beginning of the period	3,200	$ 3,213
Provision	233	178
Write-offs charged against allowance	(2,799)	(216)
Balance at the end of the period	634	3,175
Ending balance collectively evaluated for impairment	588	3,157
Ending balance individually evaluated for impairment	46	18
Recorded investments in financing receivables:
Balance collectively evaluated for impairment	693	3,294
Balance individually evaluated for impairment	$ 11,044	$ 11,051

BALANCE SHEET COMPONENTS - Impa

BALANCE SHEET COMPONENTS - Impaired receivables (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Individually evaluated impaired loans
Allowance related to individually evaluated impaired loans	$ 46	$ 18
Maximum
Individually evaluated impaired loans
Recorded investment in individually evaluated impaired loans	100		$ 100
Unpaid principal balance related to individually evaluated impaired loans	100		100
Allowance related to individually evaluated impaired loans	100		$ 100
Average recorded investment in individually evaluated impaired loans	100	100
Interest income recognized on impaired loans	$ 100	$ 100

BALANCE SHEET COMPONENTS - Prop

BALANCE SHEET COMPONENTS - Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Property and equipment
Property and equipment, gross	$ 128,593		$ 128,593		$ 112,167
Accumulated depreciation	(64,678)		(64,678)		(48,560)
Total	63,915		63,915		63,607
Depreciation expense	6,000	$ 2,500	17,200	$ 7,700
Land and improvements
Property and equipment
Property and equipment, gross	1,607		1,607		1,614
Buildings and improvements
Property and equipment
Property and equipment, gross	16,144		16,144		16,203
Leasehold improvements
Property and equipment
Property and equipment, gross	16,405		16,405		16,092
Equipment
Property and equipment
Property and equipment, gross	13,520		13,520		7,796
Computer equipment
Property and equipment
Property and equipment, gross	30,956		30,956		27,144
Computer software
Property and equipment
Property and equipment, gross	46,258		46,258		38,409
Furniture and fixtures
Property and equipment
Property and equipment, gross	$ 3,703		$ 3,703		$ 4,909

TRANSACTIONS WITH RELATED PAR45

TRANSACTIONS WITH RELATED PARTIES (Details) - USD ($) $ in Thousands	Apr. 30, 2015	Dec. 31, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015	Sep. 30, 2015	Sep. 30, 2014
Liberty
Transactions with related parties
Ownership percentage			35.00%			35.00%
Interflora | I.S. Group
Transactions with related parties
Ownership percentage			20.40%			20.40%
Amount of investment in related party		$ 1,700	$ 1,600			$ 1,600
Provide Commerce
Transactions with related parties
Post-closing working capital adjustment		9,900
Fixed assets acquired		42,198
Inventory acquired		18,650
Trademark and trade name acquired		246,800
RedEnvelope
Transactions with related parties
Cash purchase price	$ 300
Fixed assets acquired	100
Inventory acquired	100
Trademark and trade name acquired	$ 100
I.S. Group | Interflora
Transactions with related parties
Revenues from related party			600	$ 700		2,000	$ 2,300
Cost of revenues related to products purchased						300	$ 200
Amounts due from related party		500	300			300
Amounts payable to related party		$ 1,500	1,100			$ 1,100
I.S. Group | Maximum | Interflora
Transactions with related parties
Cost of revenues related to products purchased			$ 100	$ 100
Liberty | Provide Commerce | Services Agreement
Transactions with related parties
Revenues from related party					$ 300

GOODWILL, INTANGIBLE ASSETS, 46

GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS - Goodwill (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2008
Changes in the net carrying amount of goodwill
Balance at the beginning of the period	$ 632,212
Foreign currency translation	(2,659)
Provide Commerce acquisition	16,567
Balance at the end of the period	646,120
Impairment charge		$ 116,300
Gross goodwill	762,400
Consumer
Changes in the net carrying amount of goodwill
Balance at the beginning of the period	133,226
Balance at the end of the period	133,226
Florist
Changes in the net carrying amount of goodwill
Balance at the beginning of the period	109,651
Balance at the end of the period	109,651
International
Changes in the net carrying amount of goodwill
Balance at the beginning of the period	92,259
Foreign currency translation	(2,659)
Balance at the end of the period	89,600
Provide Commerce
Changes in the net carrying amount of goodwill
Balance at the beginning of the period	297,076
Provide Commerce acquisition	16,567
Balance at the end of the period	$ 313,643

GOODWILL, INTANGIBLE ASSETS, 47

GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS - Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Intangible assets
Gross Value	$ 549,086	$ 582,363
Accumulated Amortization	(191,998)	(146,710)
Net	357,088	435,653
Estimated future intangible assets amortization expense
2015 (remainder of the year)	15,306
2,016	61,175
2,017	15,287
2,018	15,286
2,019	15,286
Thereafter	79,422
Total	201,762
Complete technology
Intangible assets
Gross Value	77,658	77,847
Accumulated Amortization	(46,783)	(41,480)
Net	30,875	36,367
Customer contracts and relationships
Intangible assets
Gross Value	195,704	199,271
Accumulated Amortization	(138,725)	(104,972)
Net	56,979	94,299
Trademarks and trade names
Intangible assets
Gross Value	275,724	305,245
Accumulated Amortization	(6,490)	(258)
Net	269,234	$ 304,987
Provide Commerce | Complete technology
Finite-lived intangible assets
Acquired finite-lived intangible assets	36,300
Provide Commerce | Customer contracts and relationships
Finite-lived intangible assets
Acquired finite-lived intangible assets	91,100
Provide Commerce | Trademarks and trade names
Finite-lived intangible assets
Acquired finite-lived intangible assets	$ 119,400

GOODWILL, INTANGIBLE ASSETS, 48

GOODWILL, INTANGIBLE ASSETS, AND OTHER LONG-LIVED ASSETS - Indefinite-lived intangibles (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Acquired indefinite-lived intangible assets
Amortization expense	$ 15,317	$ 2,777	$ 46,054	$ 11,618
Trademarks and trade names
Acquired indefinite-lived intangible assets
Amortization expense			0
Acquired indefinite-lived intangible assets, net of impairment and foreign currency translation adjustments	$ 155,300		$ 155,300		$ 247,500

FINANCING ARRANGEMENTS (Details

FINANCING ARRANGEMENTS (Details) - USD ($) $ in Thousands	Jul. 17, 2013	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Sep. 19, 2014
Changes in debt balances, net of discounts
Balance at the beginning of the period		$ 340,000
Repayments of Debt		(35,000)	$ (200,000)
Balance at the ending of the period		305,000		$ 340,000
Future minimum principal payments, excluding required prepayments based on excess cash flows
2015 (remainder of year)		5,000
2,016		20,000
2,017		20,000
2,018		20,000
2,019		240,000
Total		305,000
2013 Credit Agreement | Revolving credit facility
Financing arrangements
Maximum borrowing capacity	$ 350,000
Term of debt instrument	5 years
Amount borrowed under the Revolving Credit Facility	$ 220,000
Repayments of previously outstanding credit facilities in full and fees and expenses	$ 19,000
Amended and Restated Credit Agreement
Financing arrangements
Draw Down of Debt				120,000
Future minimum principal payments, excluding required prepayments based on excess cash flows
Letters of credit outstanding		2,400
Remaining borrowing capacity		$ 227,600
Amended and Restated Credit Agreement | Maximum
Financing arrangements
Percentage of outstanding capital stock of foreign subsidiaries that is pledged as collateral for borrowings		66.00%
Amended and Restated Credit Agreement | Base rate
Financing arrangements
Reference rate for variable interest rate		base rate
Percentage points initially added to the reference rate		1.00%
Amended and Restated Credit Agreement | Base rate | Minimum
Financing arrangements
Percentage points added to the reference rate		0.50%
Amended and Restated Credit Agreement | Base rate | Maximum
Financing arrangements
Percentage points added to the reference rate		1.50%
Amended and Restated Credit Agreement | LIBOR
Financing arrangements
Reference rate for variable interest rate		LIBOR
Percentage points initially added to the reference rate		2.00%
Amended and Restated Credit Agreement | LIBOR | Minimum
Financing arrangements
Percentage points added to the reference rate		1.50%
Amended and Restated Credit Agreement | LIBOR | Maximum
Financing arrangements
Percentage points added to the reference rate		2.50%
Amended and Restated Credit Agreement | Revolving credit facility
Financing arrangements
Commitment fee (as a percent)		0.30%
Changes in debt balances, net of discounts
Balance at the beginning of the period		$ 140,000
Repayments of Debt		(20,000)
Balance at the ending of the period		$ 120,000		140,000
Amended and Restated Credit Agreement | Revolving credit facility | Minimum
Financing arrangements
Commitment fee (as a percent)		0.20%
Amended and Restated Credit Agreement | Revolving credit facility | Maximum
Financing arrangements
Commitment fee (as a percent)		0.40%
Amended and Restated Credit Agreement | Revolving credit facility | LIBOR
Financing arrangements
Reference rate for variable interest rate		LIBOR
Interest rate (as a percent)		2.19%
Term Loan | Amended and Restated Credit Agreement
Financing arrangements
Face amount of debt					$ 200,000
Changes in debt balances, net of discounts
Balance at the beginning of the period		$ 200,000
Repayments of Debt		(15,000)
Balance at the ending of the period		185,000		$ 200,000
Quarterly Payment		$ 5,000
Term Loan | Amended and Restated Credit Agreement | LIBOR
Financing arrangements
Reference rate for variable interest rate		LIBOR
Interest rate (as a percent)		2.33%

DERIVATIVE INSTRUMENTS - Fair v

DERIVATIVE INSTRUMENTS - Fair value and notional amounts (Details) - Derivatives designated as hedging instruments - Cash flow hedging instruments - Interest rate caps - USD ($) $ in Thousands	1 Months Ended
	Mar. 31, 2012	Sep. 30, 2015	Dec. 31, 2014
Estimated fair values and notional values of outstanding derivative instruments
Purchase of derivative instruments	$ 1,900
Notional Value of Derivative Instruments, Derivative Assets	$ 130,000
Other assets.
Estimated fair values and notional values of outstanding derivative instruments
Estimated Fair Value of Derivative Instruments, Derivative Assets		$ 74	$ 370
Notional Value of Derivative Instruments, Derivative Assets		$ 130,000	$ 130,000

DERIVATIVE INSTRUMENTS - Cash f

DERIVATIVE INSTRUMENTS - Cash flow hedge disclosures (Details) - Derivatives designated as hedging instruments - Cash flow hedging instruments - Interest rate caps - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Effect of derivative instruments
Gains (losses) from derivatives, before tax, recognized in other comprehensive income (loss)	$ (38)	$ (7)	$ (296)	$ (687)
Effective portion, before tax effect, of the derivative instruments			1,500		$ 1,500
Losses expected to be reclassified from accumulated other comprehensive loss to interest expense within next 12 months			(500)
Reclassifications out of accumulated other comprehensive loss
Effect of derivative instruments
Gains (losses) from derivatives, before tax, recognized in other comprehensive income (loss)	$ (100)		$ (400)	$ 0

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Liabilities:
Deferred compensation plan assets	$ 11,900	$ 12,500
Long-term debt, including current portion, Carrying Amount	$ 305,000	$ 340,000
Term Loan
Liabilities:
Credit spread (as a percent)	2.50%	2.00%
Estimated yield-to maturity (as a percent)	3.60%	3.60%
Revolving credit facility
Liabilities:
Credit spread (as a percent)	3.10%	2.60%
Estimated yield-to maturity (as a percent)	4.20%	4.20%
Carrying Amount
Liabilities:
Long-term debt, including current portion, Carrying Amount	$ 305,000	$ 340,000
Level 2 | Estimated Fair Value
Liabilities:
Long-term debt, including current portion, Estimated Fair Value	301,153	338,223
Recurring basis
Assets:
Money market funds and certificates of deposit	1,328	56,595
Derivative assets	74	370
Total	1,402	56,965
Liabilities:
Non-qualified deferred compensation plan	6,054	11,617
Total	6,054	11,617
Recurring basis | Level 1
Assets:
Money market funds and certificates of deposit	980	55,350
Total	980	55,350
Recurring basis | Level 2
Assets:
Money market funds and certificates of deposit	348	1,245
Derivative assets	74	370
Total	422	1,615
Liabilities:
Non-qualified deferred compensation plan	6,054	11,617
Total	$ 6,054	$ 11,617

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	Feb. 27, 2014	Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2014
Common Stock Repurchases
Amount authorized under stock repurchase program	$ 50
Period under share repurchase programs	2 years
Repurchases of common stock		0	673	0
Average repurchase cost (in dollars per share)			$ 29.72
RSUs
Common Stock Repurchases
Awards vested during the period (in shares)			200
Shares withheld to pay employee tax withholding			100
Value of shares withheld to pay employee tax withholding			$ 2

INCENTIVE COMPENSATION PLANS -

INCENTIVE COMPENSATION PLANS - Stock options and fair value assumptions (Details) - $ / shares shares in Thousands	Aug. 10, 2015	Mar. 09, 2015	Sep. 30, 2015
Stock options
Incentive Compensation Plan
Stock option granted to certain employees (in shares)	1,850
Vesting period	4 years
Exercise price of stock options granted (in dollars per share)	$ 29.97
Assumptions used to estimate the fair value of stock options granted at the grant date
Risk-free interest rate (as a percent)	1.30%
Expected terms (in years)	3 years 7 months 17 days
Dividend yield (as a percent)	0.00%
Volatility (as a percent)	31.70%
RSUs
Incentive Compensation Plan
RSUs granted to certain employees (in shares)		300
Vesting period		4 years
Grant date fair value of RSUs (in dollars per share)		$ 34.44
Amended and Restated 2013 Plan
Incentive Compensation Plan
Shares reserved for issuance			5,200
Amended and Restated 2013 Plan | Maximum
Incentive Compensation Plan
Shares available for issuance			3,000

INCENTIVE COMPENSATION PLANS 55

INCENTIVE COMPENSATION PLANS - Allocation of stock-based compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Stock-Based Compensation
Total stock-based compensation	$ 3,864	$ 1,946	$ 8,204	$ 5,509
Cost of revenues
Stock-Based Compensation
Total stock-based compensation	36	39	65	98
Sales and marketing
Stock-Based Compensation
Total stock-based compensation	1,014	668	2,151	1,828
General and administrative
Stock-Based Compensation
Total stock-based compensation	$ 2,814	$ 1,239	$ 5,988	$ 3,583

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income before income taxes
Provision/(benefit) for income taxes	$ (779)	$ (2,178)	$ (440)	$ 8,108
Income/(loss) before income taxes	$ (17,258)	$ 2,436	$ 2,934	$ 27,051

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Dec. 31, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Numerator:
Net income/(loss)		$ (16,479)	$ 4,614	$ 3,374	$ 18,943
Income allocated to participating securities			(108)	(52)	(420)
Net income/(loss) attributable to common stockholders		$ (16,479)	$ 4,506	$ 3,322	$ 18,523
Denominator:
Basic average common shares outstanding		28,667	18,949	28,857	18,921
Add: Dilutive effect of non-participating securities (in shares)			63	52	51
Diluted average common shares outstanding		28,667	19,012	28,909	18,972
Basic earnings per common share (in dollars per share)		$ (0.57)	$ 0.24	$ 0.12	$ 0.98
Diluted earnings per common share (in dollars per share)		$ (0.57)	$ 0.24	$ 0.11	$ 0.98
Weighted-average antidilutive shares		1,300		700
Provide Commerce
Denominator:
Number of shares issued as consideration to Liberty	10,200

RESTRUCTURING AND OTHER EXIT 58

RESTRUCTURING AND OTHER EXIT COSTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Changes in restructuring and other exit costs
Accrued restructuring and other exit costs at the beginning of the period			$ 2,144
Charges	$ 1,495	$ (67)	5,907	$ 220
Cash paid			(4,392)
Other adjustments			(1,337)
Accrued restructuring and other exit costs at the end of the period	2,322		2,322
Employee Termination Costs
Changes in restructuring and other exit costs
Accrued restructuring and other exit costs at the beginning of the period			2,144
Charges			2,223
Cash paid			(4,145)
Accrued restructuring and other exit costs at the end of the period	222		222
Facility Closure Termination Costs
Changes in restructuring and other exit costs
Charges			2,402
Cash paid			(247)
Other adjustments			(55)
Accrued restructuring and other exit costs at the end of the period	$ 2,100		2,100
Asset Impairments
Changes in restructuring and other exit costs
Charges			1,282
Other adjustments			$ (1,282)

CONTINGENCIES - LEGAL MATTERS (

CONTINGENCIES - LEGAL MATTERS (Details) $ in Millions	Jun. 18, 2015	Jan. 15, 2015USD ($)	Dec. 23, 2014USD ($)	Dec. 14, 2011claim	Aug. 19, 2009	Jun. 30, 2012USD ($)item	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2008
Contingencies-legal matters
Reserve for estimated losses related to certain of the matters							$ 3.5	$ 5.4
Interflora, Inc.
Contingencies-legal matters
Ownership interest (as a percent)									66.00%
Retrial period as per court order	6 days
Provide Commerce
Contingencies-legal matters
Period for consolidation of cases filed since the original August 19, 2009 lawsuit					3 years
Number of claims | claim				10
Offer of settlement from Multistate Work Group
Contingencies-legal matters
Number of areas of monetary relief | item						2
Initial amount sought by plaintiffs as payment						$ 20
Litigation settlement offered			$ 8
Litigation settlement restitution amount offered			$ 2.5
Revised counter offer by Multistate Work Group		$ 8
Litigation settlement restitution amount offered by Multistate Work Group		$ 3
Payments for litigation settlements							$ 2.8

SUPPLEMENTAL CASH FLOW INFORM60

SUPPLEMENTAL CASH FLOW INFORMATION (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Supplemental cash flow disclosures:
Cash paid for interest	$ 6,088	$ 4,307
Cash paid for income taxes, net	$ 20,696	$ 14,281