Electronic Arts 2010 Annual Report Download - page 186

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(21) QUARTERLY FINANCIAL AND MARKET INFORMATION (UNAUDITED)
Quarter Ended Year
Ended(In millions, except per share data) June 30 Sept. 30 Dec. 31 March 31
Fiscal 2010 Consolidated
Net revenue ..................................... $ 644 $ 788 $1,243 $ 979 $ 3,654
Gross profit ..................................... 323 195 589 681 1,788
Operating income (loss) ........................... (245) (417) (107) 83 (686)
Net income (loss) ................................ (234)(a) (391)(b) (82)(c) 30(d) (677)
Common Stock
Net income (loss) per share — Basic and Diluted ....... $(0.72) $ (1.21) $ (0.25) $ 0.09 $ (2.08)
Common stock price per share
High ........................................ $23.76 $22.14 $21.05 $18.99 $ 23.76
Low ......................................... $17.48 $17.68 $15.86 $15.70 $ 15.70
Fiscal 2009 Consolidated
Net revenue ..................................... $ 804 $ 894 $1,654 $ 860 $ 4,212
Gross profit ..................................... 508 337 729 511 2,085
Operating loss ................................... (97) (364) (304) (62) (827)
Net loss ........................................ (95)(e) (310)(f) (641)(g) (42)(h) (1,088)
Common Stock
Net loss per share — Basic and Diluted ............... $(0.30) $ (0.97) $ (2.00) $ (0.13) $ (3.40)
Common stock price per share
High ........................................ $54.81 $50.17 $39.56 $20.60 $ 54.81
Low ......................................... $43.46 $38.36 $15.01 $14.24 $ 14.24
(a) Net loss includes losses on strategic investments of $16 million and restructuring charges of $14 million,
both of which are pre-tax amounts.
(b) Net loss includes a loss on lease obligation (G&A) of $14 million, losses on strategic investments of $8
million, restructuring charges of $6 million, and a $2 million gain on licensed intellectual property
commitment (COGS), all of which are pre-tax amounts.
(c) Net loss includes restructuring charges of $100 million and losses on strategic investments of $1 million,
both of which are pre-tax amounts.
(d) Net income includes restructuring charges of $20 million, $2 million of acquisition-related contingent
consideration expense, a $1 million gain on licensed intellectual property commitment (COGS), and a $1
million loss on strategic investments, all of which are pre-tax amounts.
(e) Net loss includes restructuring charges of $20 million, losses on strategic investments of $6 million, and
acquired in-process technology of $2 million, all of which are pre-tax amounts.
(f) Net loss includes losses on strategic investments of $34 million, $21 million of certain abandoned
acquisition-related costs, and restructuring charges of $3 million, all of which are pre-tax amounts.
(g) Net loss includes a $368 million goodwill impairment charge, losses on strategic investments of $27
million, restructuring charges of $18 million, and acquired in-process technology of $1 million, all of which
are pre-tax amounts.
(h) Net loss includes restructuring charges of $39 million, a $38 million loss on licensed intellectual property
commitment (COGS), and a $5 million gain on strategic investments, all of which are pre-tax amounts.
Our common stock is traded on the NASDAQ Global Select Market under the symbol “ERTS.” The prices for
the common stock in the table above represent the high and low sales prices as reported on the NASDAQ Global
Select Market.
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