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ELECTRONIC ARTS INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND
COMPREHENSIVE INCOME (LOSS)
(In millions, share data in thousands)
Shares Amount
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income
Total
Stockholders’
Equity
Common Stock
Balances as of March 31, 2005 ..................... 310,441 $ 3 $1,434 $2,005 $ 56 $3,498
Net income . . . ............................... — — — 236 — 236
Change in unrealized gains (losses) on investments and
derivative instruments, net . . ..................... — — — — 33 33
Reclassification adjustment for (gains) losses, realized on
investments and derivative instruments, net . ........... — — — — 4 4
Translationadjustment........................... — — — — (10) (10)
Comprehensive income . .......................... $ 263
Issuance of common stock . . . ..................... 7,174 — 206 — — 206
Repurchase and retirement of common stock . . ........... (12,621) — (709) — — (709)
Stock-based compensation ......................... — — 3 — — 3
Tax benefit from exercise of stock options . . . ........... — — 133 — — 133
Assumption of stock options in connection with acquisition . . . — — 14 — — 14
Balances as of March 31, 2006 ..................... 304,994 $ 3 $1,081 $2,241 $ 83 $3,408
Cumulative effect of adjustments resulting from the adoption of
SABNo.108 ............................... — — — 6 — 6
Adjusted balance as of March 31, 2006 ................ 304,994 $ 3 $1,081 $2,247 $ 83 $3,414
Net income . . . ............................... — — — 76 — 76
Change in unrealized gains (losses) on investments and
derivative instruments, net . . ..................... — — — — 183 183
Reclassification adjustment for (gains) losses, realized on
investments and derivative instruments, net . ........... — — — — 5 5
Translationadjustment........................... — — — — 23 23
Comprehensive income . .......................... $ 287
Issuance of common stock . . . ..................... 6,044 — 164 — — 164
Stock-based compensation ......................... — — 133 — — 133
Tax benefit from exercise of stock options . . . ........... — — 34 — — 34
Balances as of March 31, 2007 ..................... 311,038 $ 3 $1,412 $2,323 $294 $4,032
Cumulative effect of adjustments resulting from the adoption of
FINNo.48................................. — — 14 19 — 33
Adjusted balance as of March 31, 2007 ................ 311,038 $ 3 $1,426 $2,342 $294 $4,065
Netloss..................................... — — — (454) — (454)
Change in unrealized gains (losses) on investments and
derivative instruments, net . . ..................... — — — — 141 141
Reclassification adjustment for (gains) losses, realized on
investments and derivative instruments, net . ........... — — — — 107 107
Translationadjustment........................... — — — — 42 42
Comprehensive loss . . . .......................... $(164)
Issuance of common stock . . . ..................... 6,643 — 184 — — 184
Stock-based compensation ......................... — — 150 — — 150
Tax benefit from exercise of stock options . . . ........... — — 45 — — 45
Assumption of stock options in connection with acquisition . . . — — 59 — — 59
Balances as of March 31, 2008 ..................... 317,681 $ 3 $1,864 $1,888 $584 $4,339
See accompanying Notes to Consolidated Financial Statements.
Annual Report
63