| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Revenues: | ||||||||
Direct sales, net | ||||||||
18,942 | 13,361 | 18,003 | 45,232 | 136,416 | 193,614 | 291,524 | 195,821 | 160,357 |
Distribution sales, net | ||||||||
1,347 | 3,116 | 4,952 | 49,521 | 48,294 | 48,959 | 70,533 | 97,419 | 127,227 |
Total revenues, net | ||||||||
20,290 | 16,478 | 22,956 | 94,754 | 184,710 | 242,573 | 362,057 | 293,241 | 287,585 |
Cost of revenues: | ||||||||
Direct sales | ||||||||
5,244 | 2,352 | 12,537 | 24,352 | 57,445 | 96,471 | 160,359 | 106,990 | 67,530 |
Distribution sales | ||||||||
827 | 2,877 | 2,955 | 32,570 | 35,046 | 35,475 | 45,584 | 74,732 | 83,096 |
Total cost of revenues | ||||||||
6,071 | 5,230 | 15,493 | 56,922 | 92,491 | 131,946 | 205,943 | 181,722 | 150,627 |
Gross profit | ||||||||
14,218 | 11,248 | 7,462 | 37,831 | 92,219 | 110,627 | 156,114 | 111,518 | 136,957 |
Operating (expenses) income | ||||||||
Advertising expenses | ||||||||
0 | 23 | 2,203 | 16,232 | 51,730 | 58,337 | 68,562 | 58,469 | 61,048 |
Other selling and marketing expenses | ||||||||
10,114 | 7,037 | 14,417 | 40,177 | 54,873 | 50,346 | 59,854 | 43,376 | 42,955 |
General and administrative expenses | ||||||||
9,759 | 14,153 | 21,664 | 28,417 | 30,680 | 27,070 | 31,680 | 25,434 | 31,195 |
Impairment of goodwill and intangible assets | ||||||||
- | - | - | - | - | - | - | - | 15,247 |
Other operating income, net | ||||||||
1,473 | 7,607 | 1,712 | 2,121 | 2,614 | 3,276 | 5,083 | 2,976 | 6,004 |
Total operating expenses | ||||||||
18,400 | 13,607 | 36,573 | 82,706 | 134,670 | 132,477 | 155,013 | 124,303 | 144,443 |
Loss from continuing operations | ||||||||
-4,182 | -2,358 | -29,110 | -44,874 | -42,451 | -21,850 | 1,100 | -12,785 | -7,486 |
Interest expense | ||||||||
0 | 0 | -14 | -189 | 152 | 0 | - | - | - |
Interest income | ||||||||
533 | 466 | 836 | 2,590 | 3,298 | - | - | - | - |
Other income (expense), net | ||||||||
11,638 | 17,671 | 195 | -446 | 249 | 5,755 | 7,821 | 4,825 | 2,067 |
Income Loss from Continuing Operations After Income Tax ExpenseBenefit But before Equity Method Investments, Noncontrolling Interest | ||||||||
7,989 | 15,778 | -28,093 | -42,920 | -39,056 | -16,095 | 8,922 | -7,959 | -5,418 |
Current | ||||||||
- | - | - | - | - | - | - | - | 1,280 |
Deferred | ||||||||
- | - | - | - | - | - | - | - | -3,819 |
Income tax expense (benefit) | ||||||||
-7,864 | 4,592 | 183 | 1,170 | 645 | 1,822 | 3,110 | -1,538 | -2,539 |
Income (loss) from continuing operations before equity in losses of affiliates | ||||||||
15,854 | 11,185 | -28,276 | - | - | - | - | - | -3,295 |
Discontinued operations : | ||||||||
Loss from discontinued operations | ||||||||
-3,474 | -6,909 | -11,746 | - | - | - | - | - | 841 |
Gain on disposition of discontinued operations | ||||||||
- | - | - | - | - | - | - | - | 16,366 |
Income tax expenses | ||||||||
- | - | - | - | - | - | - | - | 1,845 |
Loss from discontinued operations before equity in losses of affiliates | ||||||||
-3,474 | -6,909 | -11,746 | - | - | - | - | - | 15,362 |
Equity in losses of affiliates | ||||||||
0 | -868 | -226 | -235 | -205 | 0 | -771 | -796 | -416 |
Income from extraordinary items, net of tax (Note 3) | ||||||||
- | - | - | - | - | - | - | 827 | - |
Net income (loss) | ||||||||
12,379 | 3,408 | -40,249 | -44,326 | -39,908 | -17,918 | 5,039 | -6,389 | 12,067 |
Net loss attributable to non-controlling interests | ||||||||
-4 | -29 | -91 | 2 | -12 | 7 | -83 | 19 | 184 |
Net income (loss) attributable to Acorn International, Inc. | ||||||||
12,384 | 3,438 | -40,158 | -44,328 | -39,895 | -17,926 | 5,123 | -6,409 | 11,883 |
Income (Loss) per ordinary share: | ||||||||
Basic and diluted | ||||||||
0.19 | 0.05 | -0.51 | -0.54 | -0.47 | -0.20 | - | - | - |
?Continuing operations | ||||||||
0.24 | 0.14 | -0.36 | - | - | - | - | - | - |
?Discontinued operations | ||||||||
-0.05 | -0.09 | -0.15 | - | - | - | - | - | - |
Basic | ||||||||
- | - | - | - | - | - | 0.06 | -0.08 | -0.04 |
-Discontinued operations | ||||||||
- | - | - | - | - | - | - | - | 0.17 |
Basic from extraordinary items | ||||||||
- | - | - | - | - | - | - | 0.01 | - |
Basic-including extraordinary items | ||||||||
- | - | - | - | - | - | - | -0.07 | 0.13 |
Diluted | ||||||||
- | - | - | - | - | - | 0.06 | -0.08 | -0.04 |
Shares used in calculating income (loss) per ordinary share: | ||||||||
Basic and diluted | ||||||||
65,836 | 75,600 | 79,226 | 82,690 | 84,115 | 89,965 | - | - | - |
-Discontinued operations | ||||||||
- | - | - | - | - | - | - | - | 0.17 |
Diluted from extraordinary items | ||||||||
- | - | - | - | - | - | - | 0.01 | - |
Diluted-including extraordinary items | ||||||||
- | - | - | - | - | - | - | -0.07 | 0.13 |
Basic | ||||||||
- | - | - | - | - | - | 89,629 | 88,923 | 88,174 |
Diluted | ||||||||
- | - | - | - | - | - | 89,796 | 88,923 | 88,174 |
Includes share-based compensation related to: | ||||||||
Income (loss) from continuing operations, net of tax | ||||||||
- | - | - | - | - | - | - | - | -2,999 |
Income from discontinued operations, net of tax | ||||||||
- | - | - | - | - | - | - | - | 14,883 |
Net income (loss) attributable to Acorn International, Inc. shareholders | ||||||||
12,384 | 3,438 | -40,158 | -44,328 | - | - | - | - | 11,883 |
General and administrative expenses | ||||||||
25 | 658 | 71 | 428 | 446 | 424 | 129 | 215 | 1,845 |