Slide 1: Blucora, Inc. Q3 2012 Earnings Supplemental Information
Exhibit 99.2 Blucora, Inc. Q3 2012 Earnings Supplemental Information Table of Contents Financial Information Summary - Consolidated Financial Results 2 Reconciliation of Non-GAAP Financial Measures 4 Search Operating Metrics 5 Pro-Forma Information Q3 year-over-year Tax Preparation 6 Last 12 Months
Slide 2: Blucora Consolidated Financial Results
Blucora Consolidated Financial Results (in thousands except earnings per share, rounding differences may exist) 2010 2011 2012 FYE 12/31 1Q11 2Q11 3Q11 4Q11 FYE 12/31 1Q12 2Q12 3Q12 3Q12 YTD Segment Revenue Search $ 214,343 $ 51,650 $ 54,292 $ 56,257 $ 66,615 $ 228,814 $ 75,295 $ 81,808 $ 91,408 $ 2
Slide 3: Notes to Consolidated Financial Results
Notes to Consolidated Financial Results (1) On January 31, 2012, the Company acquired TaxACT Holdings, Inc. and its wholly-owned subsidiary, 2nd Story Software, Inc., which operates the TaxACT tax preparation software and online service and software business. The TaxACT business consists of an onlin
Slide 4: Non-GAAP Reconciliation
Blucora Non-GAAP Reconciliation (1) (in thousands except earnings per share, rounding differences may exist) 2010 2011 2012 FYE 12/31 1Q11 2Q11 3Q11 4Q11 FYE 12/31 1Q12 2Q12 3Q12 3Q12 YTD Adjusted EBITDA Net Income (loss) (2) $ 4,678 $ 1,323 $ (4,678) $ 2,076 $ 22,875 $ 21,596 $11,406 $ 9,698 $ (2,3
Slide 5: Operating Metrics - Search
Blucora Operating Metrics - Search 2010 2011 2012 FYE 12/31 1Q11 2Q11 3Q11 4Q11 FYE 12/31 1Q12 2Q12 3Q12 3Q12 YTD Revenue by Source Owned & Operated (B2C) 31% 27% 22% 19% 16% 21% 13% 12% 12% 12% Distribution (B2B) 69% 73% 78% 81% 84% 79% 87% 88% 88% 88% * Owned & Operated includes revenue from the M
Slide 6: Tax Preparation Segment - Pro Forma 3Q Year-over-Year Results
Tax Preparation Segment - Pro Forma 3Q Year-over-Year Results (in thousands, rounding differences may exist) Three Months Ended Nine months ended (a) (c) 3Q12 3Q11 Growth 3Q12 3Q11 Growth Pro Forma Revenue $2,075 $2,004 4% $83,829 $76,577 9% Pro Forma Segment Income $ (948) $ (435)(b) 118% $42,411 $
Slide 7: Pro Forma - Consolidated Financial Performance
Pro Forma - Consolidated Financial Performance twelve months ending 9/30/2012 (in thousands, rounding differences may exist) (a) Tax Preparation Search Corporate Consolidated Revenue $ 86,032 $315,126 $ — $ 401,158 Segment income $ 41,184(b) $ 57,575 $ — $ 98,759 Unallocated Corporate expenses $ — $
Slide 8: Pro-Forma Free Cash Flow (FCF)
Pro-Forma Free Cash Flow (“FCF”) twelve months ending 9/30/2012 (in thousands, rounding differences may exist) Pro Forma Adjusted EBITDA $87,142 Less - Pro Forma Capital Expenditures $ (3,050) Less - Pro Forma Cash Taxes $ (1,043) Unlevered FCF $83,049 Less - Pro Forma Cash Interest Expense $ (4,329
Slide 9: Pro Forma Non-GAAP Reconciliation
Blucora Pro Forma Non-GAAP Reconciliation twelve months ending 9/30/2012 (in thousands except rates, rounding differences may exist) Pro Forma Adjusted EBITDA Pro forma income from continuing operations $23,695 Pro forma depreciation $ 4,071 Pro forma amortization of intangible assets $21,111 Pro fo