COMSCORE, INC. | 2012 | FY | 2


During the year ended December 31, 2012, the Company recorded an impairment charge of $3.3 million pertaining to these assets as follows:
 
 
 
 
 
Fair Value Measurements Using
 
 
 
 
 
 
June 30,
2012

 
 
Quoted
Prices in
Active
Markets for
Identical
Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Total
Gains
 
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
(Losses)
Description
 
(In thousands)
Long-lived assets held and used
 
$
2,500

 
 
 
 
 
 
$
2,500

 
 
$
(3,349
)
 

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The following is a summary of activities in the allowance for doubtful accounts for the fiscal years indicated:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
(In thousands)
Allowance for Doubtful Accounts
 
 
 
 
 
Beginning Balance
$
(903
)
 
$
(725
)
 
$
(510
)
Additions
(1,429
)
 
(220
)
 
(167
)
Reductions, (recoveries) and write-offs
1,215

 
42

 
(48
)
Ending Balance
$
(1,117
)
 
$
(903
)
 
$
(725
)

us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock

The following summary sets forth the components of accumulated other comprehensive income, net of tax, in stockholders’ equity:
 
 
December 31,
 
2012
 
2011
 
(In thousands)
Foreign currency cumulative translation adjustment
$
1,825

 
$
617


us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock

The following table provides a reconciliation of the numerators and denominators used in computing basic and diluted net (loss) income per common share:
 
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
(In thousands, except share data)
Calculation of basic and diluted net income per share:
 
 
 
 
 
Net (loss) income
$
(11,789
)
 
$
(15,790
)
 
$
(1,576
)
Net (loss) income per common share:
 
 
 
 
 
Basic
(0.35
)
 
(0.49
)
 
(0.05
)
Diluted
(0.35
)
 
(0.49
)
 
(0.05
)
Weighted-average shares outstanding-common stock, basic
33,244,798

 
32,289,877

 
31,070,018

Dilutive effect of
 
 
 
 
 
Options to purchase common stock

 

 

Unvested restricted stock units

 

 

Warrants to purchase common stock

 

 

Weighted-average shares outstanding-common stock, diluted
33,244,798

 
32,289,877

 
31,070,018


us-gaap:ScheduleOfCalculationOfNumeratorAndDenominatorInEarningsPerShareTableTextBlock

There was no impact on the Company's net assets, results of operations or cash flow statements for the fiscal year ended December 31, 2011. The following summarizes the reclassification adjustments made to the balance sheet as of December 31, 2011:

 
As of December 31, 2011
 
As Previously Presented
 
Reclassification Adjustments
 
As Currently Presented
 
(in thousands)
Deferred tax assets, current
$
6,494

 
$
7,136

 
$
13,630

Total current assets
$
119,373

 
$
7,136

 
$
126,509

Long-term deferred tax assets
$
16,613

 
$
(7,136
)
 
$
9,477

Total assets
$
320,057

 
$

 
$
320,057


us-gaap:ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock

Intangible assets with finite lives are amortized using the straight-line method over the following useful lives:
 
 
Useful
Lives
(Years)
Acquired methodologies/technology
3 to 10

Customer relationships
3 to 12

Panel
7

Intellectual property
7 to 13

Trade names
2 to 10


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