Table of Contents 

INFOSPACE, INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS 

(Amounts in thousands, except per share data) 

Years Ended December 31, 

2001 

2000 

1999 

Revenues (including related party revenues of $31,372, $32,095, and $2,921) 

$  161,921   

$  214,530   

$  71,980   

Cost of revenues 

41,841   

35,627   

13,472   

Gross profit 

120,080   

178,903   

58,508   

Operating expenses: 

Product development 

39,341   

40,624   

15,580   

Sales, general and administrative 

118,333   

131,081   

77,777   

Amortization of intangibles 

236,714   

171,336   

42,761   

Impairment of intangibles 

107,729   

8,952   

Acquisition and related charges 

(3,504 ) 

123,998   

13,574   

Other charges 

11,505   

4,732   

11,360   

Restructuring charges 

17,392   

2,322   

Total operating expenses 

527,510   

483,045   

161,052   

Loss from operations 

(407,430 ) 

(304,142 ) 

(102,544 ) 

Loss on investments, net 

(108,158 ) 

(588 ) 

Other income, net 

17,361   

27,682   

22,342   

Loss from operations before income tax expense, minority interest, cumulative effect of a 

change in accounting principle and preferred stock dividend 

(498,227 ) 

(277,048 ) 

(80,202 ) 

Minority interest 

(17 ) 

(3,171 ) 

Income tax expense 

(664 ) 

(137 ) 

Loss from operations before cumulative effect of change in accounting principle and preferred 

stock dividend 

(498,908 ) 

(280,356 ) 

(80,202 ) 

Cumulative effect of changes in accounting principle 

(3,171 ) 

(2,056 ) 

Net loss 

(502,079 ) 

(282,412 ) 

(80,202 ) 

Preferred stock dividend 

(159,931 ) 

Net loss applicable to common stockholders 

$  (502,079 ) 

$  (282,412 ) 

$  (240,133 ) 

Basic and diluted net loss per share 

Loss per share before accounting changes 

$ 

(1.57 ) 

$ 

(0.92 ) 

$ 

(0.93 ) 

Accounting changes 

(0.01 ) 

(0.01 ) 

Loss per share 

$ 

(1.58 ) 

$ 

(0.93 ) 

$ 

(0.93 ) 

Shares used in computing basic and diluted net loss per share 

318,395   

304,480   

257,752   

Other comprehensive loss: 

Net loss applicable to common stockholders 

$  (502,079 ) 

$  (282,412 ) 

$  (240,133 ) 

Foreign currency translation adjustment 

(2,116 ) 

(316 ) 

36   

Unrealized gain (loss) on equity investments 

17,469   

(95,279 ) 

79,570   

Comprehensive loss 

$  (486,726 ) 

$  (378,007 ) 

$  (160,527 ) 

See notes to consolidated financial statements.  

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