Time Magazine 2011 Annual Report Download - page 130

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TIME WARNER INC.
QUARTERLY FINANCIAL INFORMATION
(Unaudited)
The following table sets forth the quarterly information for Time Warner:
Quarter Ended
March 31, June 30, September 30, December 31,
(millions, except per share amounts)
2011
Total revenues ...................................... $ 6,683 $ 7,030 $ 7,068 $ 8,193
Operating income ................................... 1,270 1,266 1,596 1,673
Net income ........................................ 651 637 822 772
Net income attributable to Time Warner Inc. shareholders: . . . 653 638 822 773
Per share information attributable to Time Warner Inc.
common shareholders:
Net income per share — basic ......................... 0.59 0.60 0.79 0.78
Net income per share — diluted ........................ 0.59 0.59 0.78 0.76
Cash provided by operations from continuing operations .... 825 43 1,278 1,302
Common stock — high ............................... 38.20 37.86 37.06 36.38
Common stock — low ............................... 31.45 34.46 27.74 28.96
Cash dividends declared per share of common stock ........ 0.2350 0.2350 0.2350 0.2350
2010
Total revenues ...................................... $ 6,322 $ 6,377 $ 6,377 $ 7,812
Operating income ................................... 1,463 1,194 1,347 1,424
Net income ........................................ 725 560 520 766
Net income attributable to Time Warner Inc. shareholders: . . . 725 562 522 769
Per share information attributable to Time Warner Inc.
common shareholders:
Net income per share — basic ......................... 0.63 0.49 0.46 0.69
Net income per share — diluted ........................ 0.62 0.49 0.46 0.68
Cash provided by operations from continuing operations .... 1,356 32 931 995
Common stock — high ............................... 31.56 33.88 32.89 32.51
Common stock — low ............................... 26.81 28.91 28.20 29.49
Cash dividends declared per share of common stock ........ 0.2125 0.2125 0.2125 0.2125
116