Electronic Arts 2015 Annual Report Download - page 65

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Proxy Statement
APPENDIX A:
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO THE MOST DIRECTLY
COMPARABLE GAAP FINANCIAL MEASURES
Fiscal Year Ended
March 31, 2015
GAAP net revenue ............................................................ $4,515
Change in deferred net revenue (online-enabled games) .............................. (196)
Non-GAAP net revenue ........................................................ $4,319
GAAP total digital net revenue .................................................. $2,199
Change in deferred net revenue (online-enabled games) .............................. 31
Non-GAAP total digital net revenue ............................................. $2,230
GAAP digital revenue % (as a % of GAAP net revenue) ............................... 49%
Non-GAAP digital revenue % (as a % of non-GAAP net revenue) ........................ 52%
GAAP mobile digital net revenue ................................................ $ 501
Change in deferred net revenue (online-enabled games) .............................. 23
Non-GAAP mobile digital net revenue ............................................ $ 524
GAAP gross profit ............................................................ $3,086
Acquisition-related expenses ................................................... 52
Change in deferred net revenue (online-enabled games) .............................. (196)
Loss on licensed intellectual property commitment (COGS) .......................... 122
Stock-based compensation ..................................................... 2
Non-GAAP gross profit ........................................................ $3,066
GAAP operating expenses ...................................................... $2,138
Acquisition-related expenses ................................................... (11)
College football settlement expenses ............................................. 5
Stock-based compensation ..................................................... (142)
Non-GAAP operating expenses .................................................. $1,990
GAAP operating income ....................................................... $ 948
Acquisition-related expenses ................................................... 63
Change in deferred net revenue (online-enabled games) .............................. (196)
Loss on licensed intellectual property commitment (COGS) .......................... 122
College football settlement expenses ............................................. (5)
Stock-based compensation ..................................................... 144
Non-GAAP operating income ................................................... $1,076
GAAP operating income % (as a % of GAAP net revenue) .............................. 21%
Non-GAAP operating income % (as a % of non-GAAP net revenue) ...................... 25%
GAAP net income ............................................................. $ 875
Acquisition-related expenses ................................................... 63
Amortization of debt discount .................................................. 22
Change in deferred net revenue (online-enabled games) .............................. (196)
Loss on licensed intellectual property commitment (COGS) .......................... 122
College football settlement expenses ............................................. (5)
Stock-based compensation ..................................................... 144
Income tax adjustments ....................................................... (219)
Non-GAAP net income ........................................................ $ 806
GAAP diluted earnings per share ................................................ $ 2.69
Non-GAAP diluted earnings per share ........................................... $ 2.51
Number of diluted shares used in computation
GAAP ..................................................................... 325
Non-GAAP ................................................................. 321
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