Electronic Arts 2002 Annual Report Download - page 25

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Information about our operations by segment for fiscal 2002 and 2001 is presented below (in thousands):
EA CORE ADJUSTMENTS
(EXCLUDING AND ELECTRONIC
YEAR ENDED MARCH 31, 2002 EA.COM) EA.COM ELIMINATIONS ARTS
Net revenues from
unaffiliated customers $1,647,502 $ 77,173 $ — $ 1,724,675
Group sales 4,016 — (4,016)(a) —
Total net revenues 1,651,518 77,173 (4,016) 1,724,675
Cost of goods sold from
unaffiliated customers 794,738 12,873 — 807,611
Group cost of goods sold —4,016 (4,016)(a) —
Total cost of goods sold 794,738 16,889 (4,016) 807,611
Gross profit 856,780 60,284 — 917,064
Operating expenses:
Marketing and sales 202,749 20,496 17,864(c) 241,109
General and administrative 96,919 10,140 — 107,059
Research and development 257,762 59,892 70,082(b) 387,736
Network development and support —59,483 (59,483)(b) —
Customer relationship management —10,599 (10,599)(b) —
Carriage fee —17,864 (17,864)(c) —
Amortization of intangibles 12,888 12,530 — 25,418
Restructuring and asset
impairment charges —20,303 — 20,303
Total operating expenses 570,318 211,307 — 781,625
Operating income (loss) 286,462 (151,023) — 135,439
Interest and other income (expense), net 13,472 (624) — 12,848
Income (loss) before provision for income
taxes and minority interest 299,934 (151,647) — 148,287
Provision for income taxes 45,969 — — 45,969
Income (loss) before minority interest 253,965 (151,647) — 102,318
Minority interest in consolidated
joint venture (809) — — (809)
Net income (loss) before retained
interest in EA.com $253,156 $ (151,647) $ — $ 101,509
Allocation of retained interest (in thousands):
EA CORE ADJUSTMENTS
(EXCLUDING AND ELECTRONIC
YEAR ENDED MARCH 31, 2002 EA.COM) EA.COM ELIMINATIONS ARTS
Net income (loss) before retained
interest in EA.com $253,156 $ (151,647) $ — $ 101,509
Net loss related to retained
interest in EA.com (128,900) 128,900 — —
Net income (loss) $124,256 $ (22,747) $ — $ 101,509
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EA 2002 AR