Electronic Arts 2009 Annual Report Download - page 145
Download and view the complete annual report
Please find page 145 of the 2009 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.-
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
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
 |
 |
Annual Report
ELECTRONIC ARTS INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
Year Ended March 31,
(In millions, except per share data) 2009 2008 2007
Net revenue .......................................................... $4,212 $3,665 $3,091
Cost of goods sold ..................................................... 2,127 1,805 1,212
Gross profit ........................................................ 2,085 1,860 1,879
Operating expenses:
Marketing and sales ................................................. 691 588 466
General and administrative ............................................ 332 339 288
Research and development ............................................ 1,359 1,145 1,041
Acquired in-process technology ........................................ 3 138 3
Amortization of intangibles ........................................... 58 34 27
Certain abandoned acquisition-related costs ............................... 21 — —
Goodwill impairment ................................................ 368 — —
Restructuring charges ................................................ 80 103 15
Total operating expenses ............................................ 2,912 2,347 1,840
Operating income (loss) ............................................ (827) (487) 39
Losses on strategic investments, net ....................................... (62) (118) —
Interest and other income, net ............................................ 34 98 99
Income (loss) before provision for (benefit from) income taxes and minority
interest .......................................................... (855) (507) 138
Provision for (benefit from) income taxes .................................. 233 (53) 66
Income (loss) before minority interest ................................... (1,088) (454) 72
Minority interest ...................................................... — — 4
Net income (loss) ................................................... $(1,088) $ (454) $ 76
Net income (loss) per share:
Basic ............................................................. $ (3.40) $ (1.45) $ 0.25
Diluted ............................................................ $ (3.40) $ (1.45) $ 0.24
Number of shares used in computation:
Basic ............................................................. 320 314 308
Diluted ............................................................ 320 314 317
See accompanying Notes to Consolidated Financial Statements.
65