Quarterly report pursuant to Section 13 or 15(d)

Prior Period Revision

v2.4.0.8
Prior Period Revision
9 Months Ended
Sep. 30, 2014
Accounting Changes and Error Corrections [Abstract]  
Prior Period Revision
Prior Period Revision
On June 27, 2014, the Company's shareholders approved the sale of the disc publishing assets, and on July 1, 2014, the sale was completed. As a result, effective June 27, 2014, the disc publishing business was classified as held for sale and qualified for presentation as discontinued operations effective with the reporting of the Company's financial results for the second quarter of 2014. Previously reported results for comparable periods in 2013 have also been restated to reflect this reclassification.

The condensed consolidated statements of operations include the correction of an immaterial error related to the three and six-months ended June 30, 2014.  This correction, which is reflected in the Company's financial results for the nine months ended September 30, 2014, resulted in a decrease to income tax expense from continuing operations and an offsetting decrease to net income from discontinued operations, net of tax, in the amount of $1.5 million.  The described revision did not impact the Company’s consolidated net income (loss) in the periods reported.