Electronic Arts 2007 Annual Report Download - page 84

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46 percent of total net revenue in fiscal 2007, compared to $1.367 billion, or 46 percent of total net revenue in
fiscal 2006.
The amounts of net revenue and long-lived assets attributable to each of our geographic regions for each of
the last three fiscal years are set forth in Note 18 of the Notes to Consolidated Financial Statements, included
in Item 8 of this report.
Seasonality
Our business is highly seasonal. We typically experience our highest sales volume in the holiday season
quarter ending in December and a seasonal low in sales volume in the quarter ending in June. Starting in
fiscal 2008, we expect to defer the recognition of a significant amount of net revenue related to our online-
enabled packaged goods over an extended period of time (which we currently estimate to be six months). As a
result, the quarter in which we generate the highest sales volume may be different than the quarter in which
we recognize the highest net revenue. Our results can also vary based on a number of factors, including title
release dates, consumer demand for our products, shipment schedules and our revenue recognition policies.
Employees
As of March 31, 2007, we employed approximately 7,900 people, of whom over 4,500 were outside the
United States. We believe that our ability to attract and retain qualified employees is a critical factor in the
successful development of our products and that our future success will depend, in large measure, on our
ability to continue to attract and retain qualified employees. Less than 3 percent of our employees, all of
whom work for our Swedish development subsidiary, are represented by a union, guild or other collective
bargaining organization.
Executive Officers
The following table sets forth information regarding our executive officers, who are appointed by and serve at
the discretion of the Board of Directors as of May 29, 2007:
Name Age Position
John S. Riccitiello ................. 47 Chief Executive Officer
V.PaulLee...................... 42 President, Worldwide Studios
Gerhard Florin. ................... 48 Executive Vice President, General Manager, International
Publishing
Frank D. Gibeau .................. 38 Executive Vice President, General Manager, North America
Publishing
Warren C. Jenson ................. 50 Executive Vice President, Chief Financial and
Administrative Officer
Joel Linzner ..................... 55 Executive Vice President, Business and Legal Affairs
Nancy L. Smith ................... 54 Executive Vice President, General Manager, The Sims
Franchise
Gabrielle Toledano ................ 40 Executive Vice President, Human Resources
Kenneth A. Barker................. 40 Senior Vice President, Chief Accounting Officer
Stephen G. Bené .................. 43 Senior Vice President, General Counsel and Corporate
Secretary
Michael Marchetti ................. 38 Senior Vice President and General Manager, EA Mobile
John Schappert ................... 36 Senior Vice President, Chief Operating Officer, Worldwide
Studios
Mr. Riccitiello has served as Chief Executive Officer and a Director of Electronic Arts since April 2007. Prior
to re-joining Electronic Arts, he was a co-founder and Managing Partner at Elevation Partners, a private equity
fund. From October 1997 to April 2004, he served as President and Chief Operating Officer of Electronic
Arts. Prior to joining Electronic Arts, Mr. Riccitiello served as President and Chief Executive Officer of the
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