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ORBITZ WORLDWIDE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
17. Segment Information (Continued)
We maintain operations in the U.S., U.K., Australia, Germany, Sweden, France, Finland, Ireland, Switzerland, Spain and other international territories. The
table below presents net revenue by geographic area: the U.S. and all other countries. We allocate net revenue based on where the booking originated.
Year Ended
December 31, 2007
Successor
Period from
August 23, 2006 to
December 31, 2006
Successor
Period from
January 1, 2006 to
August 22, 2006
Predecessor
Year Ended
December 31, 2005
Predecessor
(in millions)
Net revenue
United States $ 679 $ 200 $ 411 $ 542
All other countries 180 42 99 144
$ 859 $ 242 $ 510 $ 686
The table below presents property and equipment, net, by geographic area: the U.S. and all other countries.
Successor
December 31, 2007
December 31, 2006
(in millions)
Long-lived assets
United States $ 174 $ 153
All other countries 10 13
$ 184 $ 166
18. Quarterly Financial Data (Unaudited)
The following table presents certain unaudited consolidated quarterly financial information for each of the eight quarters in the period ended December 31,
2007. Prior to the Reorganization, there was no single capital structure upon which to calculate historical earnings (loss) per share information. Accordingly, the
table below does not present earnings (loss) per share information for periods prior to the Reorganization.
Three Months Ended
December 31, 2007
Successor
September 30, 2007
Successor
June 30, 2007
Successor
March 31, 2007
Successor
(in millions)
Net revenue $ 197 $ 221 $ 229 $ 212
Cost and expenses 182 202 230 203
Operating income (loss) 15 19 (1) 9
Net (loss) (11) (32) (32) (10)
115
Source: Orbitz Worldwide, In, 10-K/A, August 28, 2008