Yahoo 2012 Annual Report Download - page 128

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Selected Quarterly Financial Data
(Unaudited)
Quarters Ended
March 31,
2011(1)
June 30,
2011(2)
September 30,
2011(3)
December 31,
2011(4)
March 31,
2012(5)
June 30,
2012(6)
September 30,
2012(7)
December 31,
2012(8)
(In thousands, except per share amounts)
Revenue ..........$1,214,357 $1,229,024 $1,216,665 $1,324,153 $1,221,233 $1,217,794 $ 1,201,732 $1,345,807
Total operating
expenses ........$1,024,612 $1,038,129 $1,039,411 $1,081,706 $1,051,857 $1,162,981 $ 1,049,543 $1,155,817
Income from
operations .......$ 189,745 $ 190,895 $ 177,254 $ 242,447 $ 169,376 $ 54,813 $ 152,189 $ 189,990
Other income
(expense), net ....$ 5,027 $ (5,666) $ 18,046 $ 9,768 $ 2,278 $ 20,175 $ 4,607,656 $ 17,730
Provision for income
taxes ...........$ (52,120)$ (55,629) $ (55,731) $ (78,287) $ (56,419)$ (26,523) $(1,774,094) $ (83,007)
Earnings in equity
interests ........$ 82,180 $ 108,902 $ 158,775 $ 127,063 $ 172,243 $ 179,991 $ 175,265 $ 148,939
Net income
attributable to
Yahoo! Inc. ......$ 222,992 $ 236,972 $ 293,291 $ 295,572 $ 286,343 $ 226,631 $ 3,160,238 $ 272,267
Net income
attributable to
Yahoo! Inc.
common
stockholders per
share—basic .....$ 0.17 $ 0.18 $ 0.23 $ 0.24 $ 0.24 $ 0.19 $ 2.66 $ 0.24
Net income
attributable to
Yahoo! Inc.
common
stockholders per
share—diluted . . . $ 0.17 $ 0.18 $ 0.23 $ 0.24 $ 0.23 $ 0.18 $ 2.64 $ 0.23
Shares used in per
share calculation—
basic ........... 1,309,064 1,299,947 1,253,044 1,234,904 1,215,783 1,213,320 1,186,046 1,155,950
Shares used in per
share calculation—
diluted .......... 1,320,185 1,308,359 1,259,576 1,241,009 1,226,486 1,221,719 1,195,085 1,168,336
(1) Net income attributable to Yahoo! Inc. for the quarter ended March 31, 2011 includes Yahoo!’s non-cash loss
related to an impairment of an investment held by Yahoo Japan, net of taxes, which is included in earnings in
equity interests of $26 million and net restructuring charges of $11 million.
(2) Net income attributable to Yahoo! Inc. for the quarter ended June 30, 2011 includes Yahoo!’s share of the
non-cash loss related to impairments of assets held by Yahoo Japan, which is included in earnings in equity
interests of $7 million and net restructuring charges of less than $1 million.
(3) Net income attributable to Yahoo! Inc. for the quarter ended September 30, 2011 includes non-cash gain
related to the dilution of the Company’s ownership interest in Alibaba Group, which is included in earnings
in equity interests of $25 million and net restructuring reversal of $3 million.
(4) Net income attributable to Yahoo! Inc. for the quarter ended December 31, 2011 includes net restructuring
charges of $16 million.
(5) Net income attributable to Yahoo! Inc. for the quarter ended March 31, 2012 includes net restructuring
charges of $6 million.
(6) Net income attributable to Yahoo! Inc. for the quarter ended June 30, 2012 includes net restructuring charges
of $129 million.
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