Electronic Arts 2012 Annual Report Download - page 192

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Information about our operations in North America, Europe and Asia as of and for the fiscal years ended
March 31, 2012, 2011 and 2010 is presented below (in millions):
Year Ended March 31,
2012 2011 2010
Net revenue from unaffiliated customers
North America ................................................... $1,991 $1,836 $2,025
Europe .......................................................... 1,898 1,563 1,433
Asia ............................................................ 254 190 196
Total ......................................................... $4,143 $3,589 $3,654
As of March 31,
2012 2011
Long-lived assets
North America ................................................... $2,165 $1,286
Europe .......................................................... 442 447
Asia ............................................................ 48 34
Total ......................................................... $2,655 $1,767
Our North America net revenue was primarily generated in the United States.
Our direct sales to GameStop Corp. represented approximately 15 percent, 16 percent, and 16 percent of total net
revenue in the fiscal years ended March 31, 2012, 2011, and 2010 respectively. Our direct sales to Wal-Mart
Stores, Inc. represented approximately 10 percent and 12 percent of total net revenue in the fiscal years ended
March 31, 2011 and 2010, respectively. Our direct sales to Wal-Mart Stores, Inc. did not exceed 10 percent of net
revenue for the fiscal year ended March 31, 2012.
(19) QUARTERLY FINANCIAL AND MARKET INFORMATION (UNAUDITED)
Quarter Ended Year
Ended(In millions, except per share data) June 30 September 30 December 31 March 31
Fiscal 2012 Consolidated
Net revenue ................................... $ 999 $ 715 $1,061 $1,368 $4,143
Gross profit ................................... 759 283 509 994 2,545
Operating income (loss) ......................... 227 (374) (183) 365 35
Net income (loss) ............................... 221
(a) (340)(b) (205)(c) 400(d) 76
Common Stock
Net income (loss) per share — Basic ............... $ 0.67 $ (1.03) $ (0.62) $ 1.22 $ 0.23
Net income (loss) per share — Diluted .............. $ 0.66 $ (1.03) $ (0.62) $ 1.20 $ 0.23
Common stock price per share
High ....................................... $24.42 $25.05 $25.20 $21.30 $25.20
Low ....................................... $19.69 $17.62 $19.76 $16.34 $16.34
Fiscal 2011 Consolidated
Net revenue ................................... $ 815 $ 631 $1,053 $1,090 $3,589
Gross profit ................................... 593 268 467 762 2,090
Operating income (loss) ......................... 98 (252) (303) 145 (312)
Net income (loss) ............................... 96(e) (201)(f) (322)(g) 151(h) (276)
Common Stock
Net income (loss) per share — Basic and Diluted ..... $ 0.29 $ (0.61) $ (0.97) $ 0.45 $ (0.84)
Common stock price per share
High ....................................... $20.24 $17.53 $18.06 $20.20 $20.24
Low ....................................... $14.06 $14.32 $14.67 $14.80 $14.06
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