Selling and operating expenses improved 710 basis points to 59.2% of net revenue, or $26.9 million, in the second quarter of 2012, compared to 66.3% of net revenue, or $20.4 million, in the prior-year period. Included in selling and operating expenses in the 2012 second quarter are certain redundant and one-time expenses attributable to the integration of Gaiam Vivendi Entertainment and $0.8 million in non-cash amortization expense related to the Gaiam Vivendi Entertainment acquisition with no such similar expense in the prior year period.Corporate, general and administration expenses improved to 6.7% of net revenue from 7.0% in the prior-year period.
Gaiam Reports Second Quarter Revenue Increases 48% To $45.4 Million
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