Electronic Arts 2007 Annual Report Download - page 100

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Item 6: Selected Financial Data
ELECTRONIC ARTS INC. AND SUBSIDIARIES
SELECTED FIVE-YEAR CONSOLIDATED FINANCIAL DATA
(In millions, except per share data)
STATEMENTS OF OPERATIONS DATA 2007
(a)
2006 2005 2004 2003
Year Ended March 31,
Net revenue .................................... $3,091 $2,951 $3,129 $2,957 $2,482
Cost of goods sold ............................... 1,212 1,181 1,197 1,103 1,073
Gross profit .................................. 1,879 1,770 1,932 1,854 1,409
Operating expenses:
Marketing and sales ............................ 466 431 391 370 332
General and administrative ....................... 288 215 221 185 131
Research and development ....................... 1,041 758 633 511 401
Amortization of intangibles ....................... 27 7338
Acquired in-process technology .................... 3 8 13 — —
Restructuring charges ........................... 15 26 2 9 15
Asset impairment charges ........................ ————66
Total operating expenses ....................... 1,840 1,445 1,263 1,078 953
Operating income .............................. 39 325 669 776 456
Interest and other income, net ....................... 99 64 56 21 5
Income before provision for income taxes and minority
interest .................................... 138 389 725 797 461
Provision for income taxes ......................... 66 147 221 220 143
Income before minority interest .................... 72 242 504 577 318
Minority interest ................................. 4 (6) — (1)
Net income ................................... $ 76 $ 236 $ 504 $ 577 $ 317
Net income (loss) per share:
Common stock:
Net income:
Basic ..................................... $ 76 $ 236 $ 504 $ 577 $ 329
Diluted .................................... $ 76 $ 236 $ 504 $ 577 $ 317
Net income per share:
Basic ..................................... $ 0.25 $ 0.78 $ 1.65 $ 1.95 $ 1.17
Diluted .................................... $ 0.24 $ 0.75 $ 1.59 $ 1.87 $ 1.08
Number of shares used in computation:
Basic ..................................... 308 304 305 295 282
Diluted .................................... 317 314 318 308 293
Class B common stock:
Net loss, net of retained interest in EA.com ........... N/A N/A N/A N/A $ (12)
Net loss per share:
Basic ..................................... N/A N/A N/A N/A $(2.77)
Diluted .................................... N/A N/A N/A N/A $(2.77)
Number of shares used in computation:
Basic ..................................... N/A N/A N/A N/A 4
Diluted .................................... N/A N/A N/A N/A 4
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