Yahoo 2006 Annual Report Download - page 110

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Selected Quarterly Financial Data
(Unaudited)
March 31,
2005
June 30,
2005
September 30,
2005
December 31,
2005
March 31,
2006
June 30,
2006
September 30,
2006
December 31,
2006
Quarters Ended
(In thousands, except per share amounts)
Revenues ........... $1,173,742 $1,252,997 $1,329,929 $1,501,000 $1,567,055 $1,575,854 $1,580,322 $1,702,448
Gross profit .......... $ 706,818 $ 752,839 $ 795,548 $ 906,262 $ 909,112 $ 930,087 $ 899,202 $1,011,555
Net income
(*)
......... $ 204,560 $ 754,689 $ 253,773 $ 683,208 $ 159,859 $ 164,330 $ 158,529 $ 268,673
Net income per share
— basic
(*)
......... $ 0.15 $ 0.54 $ 0.18 $ 0.48 $ 0.11 $ 0.12 $ 0.12 $ 0.20
Net income per share
— diluted
(*)
........ $ 0.14 $ 0.51 $ 0.17 $ 0.46 $ 0.11 $ 0.11 $ 0.11 $ 0.19
Shares used in per share
calculation — basic . . . . 1,384,958 1,395,596 1,405,012 1,416,118 1,417,917 1,405,598 1,375,884 1,355,566
Shares used in per share
calculation — diluted . . . 1,477,811 1,484,200 1,486,876 1,496,942 1,493,307 1,476,642 1,442,429 1,419,143
(*)
The net income includes gains, net of tax, for the quarter ended June 30, 2005 of $573 million or $0.41 per basic and $0.39 per diluted share,
related to sales of an investment. The net income for the quarter ended December 31, 2005 includes a gain, net of tax, of $205 million or
$0.15 per basic share and $0.14 per diluted share with respect to the divestiture of Yahoo! China and a tax benefit of $248 million or $0.18 per
basic share and $0.17 per diluted share with respect to a subsidiary restructuring transaction. The quarterly tax impact on the gains has been
calculated using the annual effective tax rate determined at the end of the respective years.
100