Twenty-First Century Fox 2011 Annual Report Download - page 87

Download and view the complete annual report

Please find page 87 of the 2011 Twenty-First Century Fox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 106

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106

Notes to the Consolidated Financial Statements (continued)
NOTE 21. Quarterly Data (Unaudited)
September 30, December 31, March 31, June 30,
For the three months ended (in millions, except per share amounts)
Fiscal 2011
Revenues $7,426 $8,761 $8,256 $8,962
Income from continuing operations attributable to News Corporation stockholders 775 642 639 937
Loss on disposition of discontinued operations, net of tax(a) — — — (254)
Net income attributable to News Corporation stockholders 775 642 639 683
Income from continuing operations per share attributable to News Corporation stockholders –
basic $ 0.30 $ 0.24 $ 0.24 $ 0.36
Income from continuing operations per share attributable to News Corporation stockholders –
diluted $ 0.30 $ 0.24 $ 0.24 $ 0.35
Income per share attributable to News Corporation stockholders – basic and diluted $ 0.30 $ 0.24 $ 0.24 $ 0.26
Stock prices(b)
Class A – High $14.35 $14.95 $17.71 $18.34
Class A – Low $11.82 $12.97 $14.13 $16.05
Class B – High $15.93 $16.62 $18.73 $18.99
Class B – Low $13.48 $15.04 $15.94 $16.71
Fiscal 2010(c)
Revenues $7,199 $8,684 $8,785 $8,110
Net income attributable to News Corporation stockholders 571 254 839 875
Income per share attributable to News Corporation stockholders – basic and diluted $ 0.22 $ 0.10 $ 0.32 $ 0.33
Stock prices(b)
Class A – High $12.31 $13.69 $14.46 $16.24
Class A – Low $ 8.15 $11.27 $12.41 $12.39
Class B – High $14.44 $15.93 $17.09 $18.60
Class B – Low $ 9.47 $13.24 $14.55 $14.46
(a) In the quarter ended June 30, 2011, the Company recorded a loss on the sale of Myspace of $254 million, net of tax of $61 million or ($0.10) per diluted share, which is included in loss on
disposition of discontinued operations, net of tax (See Note 3 – Acquisitions, Disposals and Other Transactions).
(b) The stock prices reflect the reported high and low closing sales prices for the Class A Common Stock and Class B Common Stock, as reported on The NASDAQ Global Select Market, its
principal market, under the symbols “NWSA” and “NWS”, respectively.
(c) In the quarter ended June 30, 2010, the Company recorded an impairment charge of $200 million (See Note 9 – Goodwill and Other Intangible Assets), a gain on the sale of its eastern
European television stations of $235 million (See Note 3 – Acquisitions, Disposals and Other Transactions) and an income tax benefit of $312 million (See Note 18 – Income Taxes).
2011 Annual Report 85