Blizzard 2009 Annual Report Download - page 103
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Please find page 103 of the 2009 Blizzard annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.ACTIVISIONBLIZZARD,INC.ANDSUBSIDIARIES
RECONCILIATIONOFGAAPNETINCOME(LOSS)TONONGAAPMEASURES
(Amountsinmillions,exceptearnings(loss)persharedata)
YearendedDecember31,2009
Net
Revenues
Costof
Sales
Product
Costs
Costof
Sales
Software
Royalties
andAmort.
Costof
Sales
Intellectual
Property
Licenses
Costof
Sales
MMORPG
Product
Development
Salesand
Marketing
Generaland
Administrative
Impairmentof
Intangible
Assets
Restructuring
TotalCosts
and
Expenses
GAAPMeasurement 4,279$ 1,432$348$315$212$627$544$395$409$23$ 4,305$
Less:Neteffectfromdeferralinnetrevenuesandrelatedcostofsales
(a)
497115(4)(2) 5 114
Less:Stockbasedcompensation(includingpurch.priceaccountingrelatedadj.)
(b)
(34) (40)(9)(71) (154)
Less:ResultsofActivisionBlizzard'snoncoreexitoperations
(f)
(1) 4(3)(10) (9)
Less:CostsrelatedtotheBusinessCombination,integrationandrestructuring
(c)
(24) (23)(47)
Less:Amortizationofintangibleassetsandpurch.priceaccountingrelatedadj.
(d)
(5)(66) (186) (2) (259)
Less:Impairmentofintangibleassets (e) (409) (409)
NonGAAPMeasurement 4,775$ 1,542$244$127$212$591$537$288$ $ $ 3,541$
YearendedDecember31,2009
Operating
Income
(Loss)
Net
Income
Basic
Earnings
perShare
Diluted
Earnings
perShare
GAAPMeasurement (26)$113$ 0.09$ 0.09$
Less:Neteffectfromdeferralinnetrevenuesandrelatedcostofsales
(a)
383279 0.22 0.21
Less:Stockbasedcompensation(includingpurch.priceaccountingrelatedadj.)
(b)
15496 0.07 0.07
Less:ResultsofActivisionBlizzard'snoncoreexitoperations
(f)
8 4 0.00 0.00
Less:CostsrelatedtotheBusinessCombination,integrationandrestructuring
(c)
4728 0.02 0.02
Less:Amortizationofintangibleassetsandpurch.priceaccountingrelatedadj. (d) 259141 0.11 0.11
Less:Impairmentofintangibleassets
(e)
409249 0.19 0.19
NonGAAPMeasurement 1,234$910$ 0.70$ 0.69$
(c)ReflectscostsrelatedtotheBusinessCombinationwithVivendiGames(includingtransactioncosts,integrationcostsandrestructuringactivities).Restructuringactivitiesincludesseverancecosts,facilityexitcostsandbalancesheetwritedownandexit
costsfromthecancellationofprojects.
Thepershareadjustmentsarepresentedascalculated,andtheGAAPandnonGAAPearnings(loss)pershareinformationisalsopresentedascalculated.Thesumofthesemeasures,aspresented,maydifferduetotheimpactofrounding.
(f)ReflectstheresultsofproductsandoperationsfromthehistoricalVivendiGamesbusinessesthatthecompanyhasexited,divestedorwounddown.
(e)Reflectsimpairmentofintangibleassetsacquiredasaresultofpurchasepriceaccounting.
(d)Reflectsamortizationofintangibleassets,andthechangeinthefairvalueofassetsandliabilitiesfrompurchasepriceaccountingrelatedadjustments.
(b)Includesexpenserelatedtostockbasedcompensation.
(a)Reflectsthenetchangeindeferrednetrevenuesandrelatedcostofsales.
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