America Online 2014 Annual Report Download - page 125

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AOL INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTE 13—SELECTED QUARTERLY FINANCIAL DATA (Unaudited; in millions except per share
amounts)
Quarter Ended
March 31, June 30, September 30, December 31,
2014
Revenues:
Advertising and other ............................. $ 433.4 $ 451.7 $ 473.4 $ 562.2
Subscription .................................... 149.9 155.1 153.4 148.1
Total revenues ...................................... 583.3 606.8 626.8 710.3
Costs of revenues .................................... 457.5 457.4 479.4 526.2
Operating income .................................... 24.2 54.0 48.0 79.3
Net income ......................................... 8.7 27.4 27.9 58.8
Net income attributable to AOL Inc. ..................... $ 9.3 $ 28.2 $ 28.5 $ 59.6
Per share information attributable to AOL Inc. common
stockholders
Basic net income per common share ................. $ 0.12 $ 0.35 $ 0.36 $ 0.76
Diluted net income per common share ............... $ 0.11 $ 0.34 $ 0.35 $ 0.73
Quarter Ended
March 31, June 30, September 30, December 31,
2013
Revenues:
Advertising and other ............................. $ 372.5 $ 375.3 $ 399.7 $ 522.3
Subscription .................................... 165.8 166.0 161.6 156.7
Total revenues ...................................... 538.3 541.3 561.3 679.0
Costs of revenues .................................... 393.1 399.9 418.6 494.6
Operating income (a) .................................. 49.9 51.9 16.7 71.8
Net income ......................................... 25.6 28.0 1.5 35.5
Net income attributable to AOL Inc. ..................... $ 25.9 $ 28.5 $ 2.0 $ 36.0
Per share information attributable to AOL Inc. common
stockholders
Basic net income per common share ................. $ 0.34 $ 0.37 $ 0.03 $ 0.46
Diluted net income per common share ............... $ 0.32 $ 0.35 $ 0.02 $ 0.43
(a) Operating income for the year ended December 31, 2013 includes a non-cash goodwill impairment charge
of $17.5 million related to Patch in the third quarter.
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