Electronic Arts 2015 Annual Report Download - page 125
Download and view the complete annual report
Please find page 125 of the 2015 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
 |
 |
Annual Report
ELECTRONIC ARTS INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
Year Ended March 31,
(In millions, except per share data) 2015 2014 2013
Net revenue:
Product ............................................................ $2,568 $2,134 $2,738
Service and other .................................................... 1,947 1,441 1,059
Total net revenue .................................................. 4,515 3,575 3,797
Cost of revenue:
Product ............................................................ 1,028 1,032 1,085
Service and other .................................................... 401 315 303
Total cost of revenue ............................................... 1,429 1,347 1,388
Gross profit ......................................................... 3,086 2,228 2,409
Operating expenses:
Research and development ............................................. 1,094 1,125 1,153
Marketing and sales .................................................. 647 680 788
General and administrative ............................................ 386 410 354
Acquisition-related contingent consideration .............................. (3) (35) (64)
Amortization of intangibles ............................................ 14 16 30
Restructuring and other charges ......................................... — (1) 27
Total operating expenses ............................................ 2,138 2,195 2,288
Operating income .................................................. 948 33 121
Gains on strategic investments, net ........................................——39
Interest and other income (expense), net .................................... (23) (26) (21)
Income before provision for (benefit from) income taxes ..................... 925 7 139
Provision for (benefit from) income taxes ................................... 50 (1) 41
Net income ......................................................... $ 875 $ 8 $ 98
Net income per share:
Basic .............................................................. $ 2.81 $ 0.03 $ 0.32
Diluted ............................................................ $ 2.69 $ 0.03 $ 0.31
Number of shares used in computation:
Basic .............................................................. 311 308 310
Diluted ............................................................ 325 316 313
See accompanying Notes to Consolidated Financial Statements.
55