Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net revenue $ 102,273 $ 83,315 $ 202,431 $ 165,196
Operating expenses:        
Cost of services 15,594 11,391 30,796 22,450
Selling, general, and administrative, including stock-based and long-term incentive compensation 18,113 14,653 34,016 29,004
Amortization of subscriber accounts and dealer network 45,998 39,349 90,313 77,430
Depreciation 1,721 1,320 3,209 2,622
Gain on sale of operating assets (2)   (2)  
Total operating expenses 81,424 66,713 158,332 131,506
Operating income 20,849 16,602 44,099 33,690
Other expense:        
Interest expense 19,466 19,347 40,593 30,969
Realized and unrealized loss on derivative financial instruments, net       2,044
Refinancing expense   4   6,245
Other expense   333   619
Total other expense 19,466 19,684 40,593 39,877
Income (loss) before income taxes 1,383 (3,082) 3,506 (6,187)
Income tax expense 791 671 1,565 1,338
Net income (loss) 592 (3,753) 1,941 (7,525)
Other comprehensive income (loss):        
Unrealized gain (loss) on derivative contracts 11,671 (8,835) 11,930 (11,240)
Total Other comprehensive income (loss) 11,671 (8,835) 11,930 (11,240)
Comprehensive income (loss) $ 12,263 $ (12,588) $ 13,871 $ (18,765)