Electronic Arts 2014 Annual Report Download - page 151
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Annual Report
The effects on net loss of amounts reclassified from accumulated other comprehensive income (loss) for the
fiscal years ended March 31, 2014, 2013 and 2012 were as follows (in millions):
Details about Accumulated Other
Comprehensive Income (Loss) Components
Amount Reclassified From Accumulated Other
Comprehensive Income (loss)
Statement of Operations
Classification
Year Ended
March 31,
2014
Year Ended
March 31,
2013
Year Ended
March 31,
2012
Reclassification adjustment for
realized gains on available-for-sale
securities ......................
$— $(39) $— Gains on strategic investments
— (2) (2) Interest and other income
(expense)
— (41) (2) Net of tax
Reclassification adjustment for net
realized losses on derivative
instruments ....................
7 3 3 Net revenue
2 1 1 Research and development
9 4 4 Net of tax
Total amount reclassified, net of
tax ........................... $ 9 $(37) $ 2
(6) BUSINESS COMBINATIONS
Fiscal Year 2014 Acquisitions
During the fiscal year ended March 31, 2014, we completed one acquisition that did not have a significant impact
on our Consolidated Financial Statements.
Fiscal Year 2013 Acquisitions
During the fiscal year ended March 31, 2013, we completed one acquisition that did not have a significant impact
on our Consolidated Financial Statements.
Fiscal Year 2012 Acquisitions
PopCap Games Inc.
In August 2011, we acquired all of the outstanding shares of PopCap for an aggregate purchase price of
approximately (1) $645 million in cash and (2) $87 million in privately-placed shares of our common stock to the
founders and chief executive officer of PopCap. In addition, we agreed to grant over a four year period to
PopCap’s employees up to $50 million in long-term equity retention arrangements in the form of restricted stock
unit awards and options to acquire our common stock. These awards and options are accounted for as stock-
based compensation in accordance with ASC 718, Compensation – Stock Compensation. PopCap is a leading
developer of games for mobile phones, tablets, PCs, and social network sites. This acquisition strengthened our
participation in casual gaming and contributed to the growth of our digital product offerings.
The following table summarizes the acquisition date fair value of the consideration transferred which consisted
of the following (in millions):
Cash ................................................................................. $645
Equity ............................................................................... 87
Total purchase price .................................................................. $732
81