Electronic Arts 1999 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 1999 Electronic Arts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 49

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49

Quarterly Financial and Market Information (unaudited)
Quarter Ended
(In thousands, except per share data) June 30 Sept. 30 Dec. 31 March 31 Year Ended
Fiscal 1999:
Net revenues $ 178,221 $ 245,763 $ 520,155 $ 277,724 $1,221,863
Operating income (loss) 3,050 (29,545) 102,439 29,334 105,278
Net income (loss) 3,700 (25,273) 72,531 21,914 72,872
Net income (loss) per share—basic $ 0.06 $ (0.42) $ 1.19 $ 0.36 $ 1.20
Net income (loss) per share—diluted $ 0.06 $ (0.42) $ 1.15 $ 0.35 $ 1.15
Common stock price per share
High $ 54.81 $ 55.56 $ 56.00 $ 52.19 $ 56.00
Low $ 41.63 $ 38.13 $ 33.88 $ 38.25 $ 33.88
Fiscal 1998:
Net revenues $ 123,712 $ 189,828 $ 391,245 $ 204,067 $ 908,852
Operating income (loss) (4,807) (3,080) 70,983 20,353 83,449
Net income (loss) (1,451) 41 58,620 15,352 72,562
Net income (loss) per share—basic $ (0.02) $ – $ 0.99 $ 0.26 $ 1.23
Net income (loss) per share—diluted $ (0.02) $ – $ 0.96 $ 0.25 $ 1.19
Common stock price per share
High $ 35.38 $ 37.50 $ 39.56 $ 46.94 $ 46.94
Low $ 20.13 $ 30.75 $ 29.94 $ 34.94 $ 20.13
Fiscal 1997:
Net revenues $ 88,735 $ 137,271 $ 290,849 $ 156,173 $ 673,028
Operating income (loss) (9,038) 727 58,641 12,439 62,769
Net income (loss) (1,381) 3,388 38,703 10,617 51,327
Net income (loss) per share—basic $ (0.02) $ 0.06 $ 0.67 $ 0.18 $ 0.89
Net income (loss) per share—diluted $ (0.02) $ 0.06 $ 0.65 $ 0.18 $ 0.86
Common stock price per share
High $ 34.50 $ 39.13 $ 37.63 $ 36.13 $ 39.13
Low $ 25.25 $ 24.75 $ 27.88 $ 26.25 $ 24.75
The Company’s common stock is traded in the over-the-counter market under the Nasdaq Stock Market symbol ERTS.
The closing prices for the common stock in the table above represent the high and low closing prices as reported on the
Nasdaq National Market.