Table of Contents 

INFOSPACE, INC. 

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY 

Years Ended December 31, 2001, 2000 and 1999 

(in thousands) 

Common Stock 

Accumulated 

Deferred 

other 

Paid In 

Accumulated 

Expense 

Unearned 

comprehensive 

Shares 

Amount 

Capital 

deficit 

warrants 

compensation 

income 

Total 

Balance, January 1, 1999 

    224,911       $ 

23     

$  180,181       $ 

(46,032 )       $  (3,127 )     $ 

(669 )     $ 

(43 )   

$  130,333   

Common stock issued 

18,427         

2     

   185,103         

   185,105   

Common stock issued for acquisitions 

8,373         

1     

   253,137         

   253,138   

Common stock issued for stock options 

14,041         

1     

16,946         

16,947   

Common stock issued for warrants, exchange and 

preferred shares 

17,418         

1     

   297,669         

   297,670   

Common stock for conversion of special shares 

and debentures 

85         

170         

170   

Common stock issued for employee stock 

purchase plan 

156         

394         

394   

Unearned compensation stock options 

3,881         

(3,881 )       

Compensation expense 

2,865         

2,865   

Cancelled options for deferred services 

(167 )       

167         

Non qualified stock option tax benefit 

4,526         

4,526   

Deferred expense warrants 

17,652         

(17,652 )       

Warrant expense 

18,468         

18,468   

Unrealized gain on equity investments 

79,570     

79,570   

Foreign currency translation adjustment 

36     

36   

Net loss 

(80,202 )         

   (80,202 ) 

Balance, December 31, 1999 

    283,411         

28     

   959,492         

(126,234 )         

(2,311 )       

(1,518 )       

79,563     

   909,020   

Common stock issued 

20         

9,912         

9,912   

Common stock issued for acquisitions 

14,851         

2     

   573,017         

   573,019   

Common stock issued for stock options 

14,057         

1     

27,769         

27,770   

Common stock issued for warrants, exchange and 

preferred shares 

4,266         

1     

9,840         

9,841   

Common stock issued for employee stock 

purchase plan 

64         

1,512         

1,512   

Unearned compensation stock options 

1,695         

(1,695 )       

Compensation expense 

1,713         

1,713   

Non qualified stock option tax benefit 

10,089         

10,089   

Deferred expense warrants 

2,887         

(2,887 )       

Warrant expense 

3,703         

3,703   

Unrealized loss on equity investments 

(95,279 )   

   (95,279 ) 

Foreign currency translation adjustment 

(316 )   

(316 ) 

Net loss 

(282,412 )         

   (282,412 ) 

Balance, December 31, 2000 

    316,669         

32     

  1,596,213         

(408,646 )         

(1,495 )       

(1,500 )       

(16,032 )   

  1,168,572   

Common stock issued for acquisitions 

3,740         

   110,121         

   110,121   

Common stock issued for stock options and/or 

restricted stock 

8,816         

1     

8,036         

8,037   

Common stock issued for employee stock 

purchase plan 

500         

1,563         

1,563   

Common stock repurchased and/or retired 

(21,936 )       

(2 )   

   (23,194 )       

   (23,196 ) 

Unearned compensation stock options/restricted 

stock 

9,783         

(9,783 )       

Compensation expense 

3,402         

3,402   

Warrant expense 

815         

815   

Unrealized gain on equity investments 

17,469     

17,469   

Foreign currency translation adjustment 

(2,116 )   

(2,116 ) 

Net loss 

(502,079 )         

   (502,079 ) 

Balance, December 31, 2001 

    307,789       $ 

31     

$ 1,702,522       $ 

(910,725 )       $ 

(680 )     $ 

(7,881 )     $ 

(679 )   

$  782,588   

See notes to consolidated financial statements.  

57