Time Magazine 2015 Annual Report Download - page 132

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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)
2015
Total revenues ................................ $ 7,127 $ 7,348 $ 6,564 $ 7,079
Operating income ............................. 1,786 1,859 1,834 1,386
Income from continuing operations ............... 933 971 1,034 857
Discontinued operations, net of tax ................ 37 —
Net income .................................. 970 971 1,034 857
Net income attributable to Time Warner Inc.
shareholders ............................... 970 971 1,035 857
Per share information attributable to Time
Warner Inc. common shareholders:
Basic income per common share from continuing
operations ................................. 1.12 1.18 1.27 1.07
Diluted income per common share from
continuing operations ........................ 1.10 1.16 1.26 1.06
Basic net income per common share ............... 1.17 1.18 1.27 1.07
Diluted net income per common share ............. 1.15 1.16 1.26 1.06
Cash provided by operations from continuing
operations ................................. 1,009 791 1,201 850
Common stock — high ......................... 87.89 88.31 91.01 77.30
Common stock — low ......................... 77.93 82.80 66.46 63.41
Cash dividends declared per share of common
stock ..................................... 0.3500 0.3500 0.3500 0.3500
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