HR Block 2009 Annual Report Download - page 77

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NOTE 21: QUARTERLY FINANCIAL DATA (UNAUDITED)
Fiscal Year 2009 Apr 30, 2009 Jan 31, 2009 Oct 31, 2008 Jul 31, 2008
(in 000s, except per share amounts)
Revenues $ 4,083,577 $ 2,466,753 $ 993,446 $ 351,469 $ 271,909
Income (loss) from continuing
operations before taxes (benefit) $ 839,370 $ 1,178,054 $ 101,739 $ (227,453) $ (212,970)
Income taxes (benefit) 326,315 470,245 34,909 (94,292) (84,547)
Net income (loss) from continuing
operations 513,055 707,809 66,830 (133,161) (128,423)
Net loss from discontinued
operations (27,382) (906) (19,467) (2,713) (4,296)
Net income (loss) $ 485,673 $ 706,903 $ 47,363 $ (135,874) $ (132,719)
Basic earnings (loss) per share:
Net income (loss) from continuing
operations $ 1.54 $ 2.10 $ 0.20 $ (0.40) $ (0.39)
Net loss from discontinued
operations (0.08) –(0.06) (0.01) (0.02)
Net income (loss) $ 1.46 $ 2.10 $ 0.14 $ (0.41) $ (0.41)
Diluted earnings (loss) per share:
Net income (loss) from continuing
operations $ 1.53 $ 2.09 $ 0.20 $ (0.40) $ (0.39)
Net loss from discontinued
operations (0.08) –(0.06) (0.01) (0.02)
Net income (loss) $ 1.45 $ 2.09 $ 0.14 $ (0.41) $ (0.41)
Fiscal Year 2008 Apr 30, 2008 Jan 31, 2008 Oct 31, 2007 Jul 31, 2007
Revenues $ 4,086,630 $ 2,541,116 $ 894,804 $ 356,692 $ 294,018
Income (loss) from continuing
operations before taxes (benefit) $ 735,071 $ 1,143,977 $ 416 $ (221,823) $ (187,499)
Income taxes (benefit) 289,124 458,017 (6,674) (86,890) (75,329)
Net income (loss) from continuing
operations 445,947 685,960 7,090 (134,933) (112,170)
Net loss from discontinued
operations (754,594) (142,398) (54,448) (367,338) (190,410)
Net income (loss) $ (308,647) $ 543,562 $ (47,358) $ (502,271) $ (302,580)
Basic earnings (loss) per share:
Net income (loss) from continuing
operations $ 1.37 $ 2.11 $ 0.02 $ (0.42) $ (0.35)
Net loss from discontinued
operations (2.32) (0.44) (0.17) (1.13) (0.58)
Net income (loss) $ (0.95) $ 1.67 $ (0.15) $ (1.55) $ (0.93)
Diluted earnings (loss) per share:
Net income (loss) from continuing
operations $ 1.36 $ 2.09 $ 0.02 $ (0.42) $ (0.35)
Net loss from discontinued
operations (2.30) (0.43) (0.16) (1.13) (0.58)
Net income (loss) $ (0.94) $ 1.66 $ (0.14) $ (1.55) $ (0.93)
Results of discontinued operations for the fourth quarter of fiscal year 2008 included pretax provisions for
estimated loan repurchase obligations totaling $202.9 million.
The accumulation of four quarters in fiscal years 2009 and 2008 for earnings per share may not equal the related
per share amounts for the years ended April 30, 2009 and 2008 due to the timing of the exercise of stock options and
H&R BLOCK 2009 Form 10K 73