Electronic Arts 2015 Annual Report Download - page 79
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Annual Report
Seasonality
Our business is highly seasonal with the highest levels of consumer demand and a significant percentage of our
sales occurring in the holiday season quarter ending in December and a seasonal low in sales volume in the
quarter ending in June. While our sales generally follow this seasonal trend, there can be no assurance that this
trend will continue. In addition, we defer the recognition of a significant amount of net revenue related to our
online-enabled games over an extended period of time. As a result, the quarter in which we generate the highest
sales volume may be different from the quarter in which we recognize the highest amount of net revenue. Our
results also can vary based on a number of factors, including title release dates, cancellation or delay of a key
event or sports season to which our product release schedule is tied, consumer demand for our products, shipment
schedules, content offerings and our revenue recognition policies.
Government Regulation
We are subject to a number of foreign and domestic laws and regulations that affect companies conducting
business on the Internet. In addition, laws and regulations relating to user privacy, data collection and retention,
content, advertising and information security have been adopted or are being considered for adoption by many
countries throughout the world.
Employees
As of March 31, 2015, we had approximately 8,400 regular, full-time employees, over 4,900 of whom were
outside the United States. We believe that our ability to attract and retain qualified employees is a critical factor
in the successful development of our products and that our future success will depend, in large measure, on our
ability to continue to attract and retain qualified employees. Approximately 7 percent of our employees, all of
whom work for DICE, our Swedish development studio, are represented by a union.
Investor Information
Our annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, and any
amendments to those reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act, as amended,
are available free of charge on the Investor Relations section of our website at http://ir.ea.com as soon as
reasonably practicable after they are electronically filed with or furnished to the Securities and Exchange
Commission (“SEC”). Except as expressly set forth in this Form 10-K annual report, the contents of our website
are not incorporated into, or otherwise to be regarded as part of this report.
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