Yahoo 2015 Annual Report Download - page 163

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(3) Net income attributable to Yahoo! Inc. for the quarter ended September 30, 2014 includes a
gain from sale of Alibaba Group shares of $6.3 billion, net of tax and net restructuring charges
of $8 million.
(4) Net income attributable to Yahoo! Inc. for the quarter ended December 31, 2014 includes a gain
on sale of patents of $35 million, a gain on Hortonworks warrants of $98 million, a goodwill
impairment charge of $88 million, and net restructuring charges of $33 million.
(5) Net income attributable to Yahoo! Inc. for the quarter ended March 31, 2015 includes a gain on
sale of patents of $2 million, a loss of $12 million due to the decline in fair value of the
Hortonworks warrants, and net restructuring charges of $51 million.
(6) Net loss attributable to Yahoo! Inc. for the quarter ended June 30, 2015 includes a gain on sale
of patents of $9 million, a gain of $5 million due to the increase in fair value of the Hortonworks
warrants, and net restructuring charges of $20 million.
(7) Net income attributable to Yahoo! Inc. for the quarter ended September 30, 2015 includes, a
loss of $13 million due to the decline in fair value of the Hortonworks warrants, asset impairment
charge of $42 million related to the acquired and originally developed content, and net
restructuring charges of $26 million.
(8) Net loss attributable to Yahoo! Inc. for the quarter ended December 31, 2015 includes goodwill
impairment charge of $4.5 billion, asset impairment charge of $2 million related to the originally
developed content, intangible impairment charge of $15 million, and net restructuring charges
of $7 million.
Item 9. Changes in and Disagreements With
Accountants on Accounting and Financial
Disclosure
None.
Item 9A. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
The Company’s management, with the participation of the Company’s principal executive officer and
principal financial officer, has evaluated the effectiveness of the Company’s disclosure controls and
procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of
the end of the period covered by this report. Based on such evaluation, the Company’s principal
executive officer and principal financial officer have concluded that, as of the end of such period, the
Company’s disclosure controls and procedures were effective.
Management’s Report on Internal Control Over Financial
Reporting
The Company’s management is responsible for establishing and maintaining adequate internal
control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act.
Under the supervision and with the participation of the Company’s management, including its
principal executive officer and principal financial officer, the Company conducted an evaluation of the
effectiveness of its internal control over financial reporting based on criteria established in the
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