Yahoo 2013 Annual Report Download - page 134

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Selected Quarterly Financial Data
(Unaudited)
Quarters Ended
March 31,
2012(1)
June 30,
2012(2)
September 30,
2012(3)
December 31,
2012(4)
March 31,
2013(5)
June 30,
2013(6)
September 30,
2013(7)
December 31,
2013(8)
(In thousands, except per share amounts)
Revenue ..........$1,221,233 $1,217,794 $ 1,201,732 $1,345,807 $1,140,368 $1,135,244 $1,138,973 $1,265,795
Total operating
expenses ........$1,051,857 $1,162,981 $ 1,049,543 $1,155,817 $ 954,398 $ 998,265 $1,046,214 $1,091,577
Income from
operations .......$ 169,376 $ 54,813 $ 152,189 $ 189,990 $ 185,970 $ 136,979 $ 92,759 $ 174,218
Other income, net . . . $ 2,278 $ 20,175 $ 4,607,656 $ 17,730 $ 17,072 $ 23,606 $ 5,370 $ (2,691)
Provision for income
taxes ...........$ (56,419)$ (26,523) $(1,774,094) $ (83,007) $ (29,736)$ (50,267) $ (31,891) $ (41,498)
Earnings in equity
interests ........$ 172,243 $ 179,991 $ 175,265 $ 148,939 $ 217,588 $ 224,690 $ 232,756 $ 221,641
Net income
attributable to
Yahoo! Inc. ......$ 286,343 $ 226,631 $ 3,160,238 $ 272,267 $ 390,285 $ 331,150 $ 296,656 $ 348,190
Net income
attributable to
Yahoo! Inc.
common
stockholders per
share—basic .....$ 0.24 $ 0.19 $ 2.66 $ 0.24 $ 0.36 $ 0.31 $ 0.29 $ 0.34
Net income
attributable to
Yahoo! Inc.
common
stockholders per
share—diluted . . . $ 0.23 $ 0.18 $ 2.64 $ 0.23 $ 0.35 $ 0.30 $ 0.28 $ 0.33
Shares used in per
share calculation—
basic ........... 1,215,783 1,213,320 1,186,046 1,155,950 1,094,170 1,079,389 1,024,289 1,012,972
Shares used in per
share calculation—
diluted .......... 1,226,486 1,221,719 1,195,085 1,168,336 1,108,095 1,094,694 1,041,698 1,038,754
(1) Net income attributable to Yahoo! Inc. for the quarter ended March 31, 2012 includes net restructuring
charges of $6 million.
(2) Net income attributable to Yahoo! Inc. for the quarter ended June 30, 2012 includes net restructuring charges
of $129 million.
(3) Net income attributable to Yahoo! Inc. for the quarter ended September 30, 2012 includes net restructuring
charges of $25 million and pre-tax gain of $4.6 billion related to the sale of Alibaba Group Shares, which is
included in other income, net.
(4) Net income attributable to Yahoo! Inc. for the quarter ended December 31, 2012 includes a one-time
distribution of foreign earnings resulting in an overall net benefit of approximately $117 million and net
restructuring charges of $77 million.
(5) Net income attributable to Yahoo! Inc. for the quarter ended March 31, 2013 includes net restructuring
reversals of $7 million.
(6) Net income attributable to Yahoo! Inc. for the quarter ended June 30, 2013 includes net restructuring charges
of $4 million.
(7) Net income attributable to Yahoo! Inc. for the quarter ended September 30, 2013 includes net restructuring
reversals of less than $1 million.
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