DIRECTV 2008 Annual Report Download - page 120

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THE DIRECTV GROUP, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(concluded)
Note 20: Selected Quarterly Data (Unaudited)
The following table presents unaudited selected quarterly data for 2008 and 2007:
1st 2nd 3rd 4th
(Dollars in Millions, Except Per Share
Amounts)
2008 Quarters
Revenues ........................................... $4,591 $4,807 $4,981 $5,314
Operating profit ...................................... 657 801 658 579
Income from continuing operations ........................ 371 455 363 326
Income from discontinued operations, net of taxes .............——— 6
Net income ......................................... 371 $ 455 363 332
Basic and diluted earnings per common share from continuing
operations ........................................ 0.32 0.40 0.33 0.31
2007 Quarters
Revenues ........................................... $3,908 $4,135 $4,327 $4,876
Operating profit ...................................... 563 740 566 617
Income from continuing operations ........................ 336 431 319 348
Income from discontinued operations, net of taxes ............. — 17 — —
Net income ......................................... 336 448 319 348
Basic and diluted earnings per common share from continuing
operations ........................................ 0.27 0.36 0.27 0.30
***
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