Zynga 2012 Annual Report Download - page 44

ITEM 6. SELECTED CONSOLIDATED FINANCIAL DATA
The following selected consolidated financial data should be read in conjunction with “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” and our audited consolidated
financial statements and related notes, which are included elsewhere in this Annual Report on Form 10-K. The
consolidated statements of operations data for the years ended December 31, 2012, 2011 and 2010 as well as the
consolidated balance sheet data as of December 31, 2012 and 2011 are derived from the audited consolidated
financial statements that are included elsewhere in this Annual Report on Form 10-K. The consolidated statement
of operations data for the 12 months ended December 31, 2009 and 2008, as well as the consolidated balance
sheet data as of December 31, 2010, 2009 and 2008, are derived from audited consolidated financial statements
that are not included in this Annual Report on Form 10-K. Our historical results are not necessarily indicative of
the results to be expected in the future.
Year Ended December 31,
2012 2011 2010 2009 2008
(in thousands, except per share, users and ABPU data)
Consolidated Statements of Operations Data
Revenue:
Online game ....................................... $1,144,252 $1,065,648 $574,632 $ 85,748 $ 5,272
Advertising ........................................ 137,015 74,452 22,827 35,719 14,138
Total revenue .................................. 1,281,267 1,140,100 597,459 121,467 19,410
Costs and expenses:
Cost of revenue ..................................... 352,169 330,043 176,052 56,707 10,017
Research and development ............................ 645,648 727,018 149,519 51,029 12,160
Sales and marketing ................................. 181,924 234,199 114,165 42,266 10,982
General and administrative ............................ 189,004 254,456 32,251 24,243 8,834
Impairment of intangible assets ........................ 95,493 ————
Total costs and expenses ......................... 1,464,238 1,545,716 471,987 174,245 41,993
Income (loss) from operations ..................... (182,971) (405,616) 125,472 (52,778) (22,583)
Interest income ................................. 4,749 1,680 1,222 177 319
Other income (expense), net ....................... 18,647 (2,206) 365 (209) 187
Income (loss) before income taxes ...................... (159,575) (406,142) 127,059 (52,810) (22,077)
(Provision for) benefit from income taxes ................ (49,873) 1,826 (36,464) (12) (38)
Net income (loss) ............................... $ (209,448) $ (404,316) $ 90,595 $ (52,822) $ (22,115)
Deemed dividend to a Series B-2 convertible preferred
stockholder .................................. 4,590
Net income attributable to participating securities ...... — — 58,110 — —
Net income (loss) attributable to common
stockholders ................................. $ (209,448) $ (404,316) $ 27,895 $ (52,822) $ (22,115)
Net income (loss) per share attributable to common
stockholders
Basic ..................................... $ (0.28) $ (1.40) $ 0.12 $ (0.31) $ (0.18)
Diluted ................................... $ (0.28) $ (1.40) $ 0.11 $ (0.31) $ (0.18)
Weighted average common shares used to compute net
income (loss) per share attributable to common
stockholders:
Basic ..................................... 741,177 288,599 223,881 171,751 119,990
Diluted ................................... 741,177 288,599 329,256 171,751 119,990
Other Financial and Operational Data:
Bookings(1) ................................... $1,147,627 $1,155,509 $838,896 $328,070 $ 35,948
Adjusted EBITDA(2) ............................ $ 213,233 $ 303,274 $392,738 $168,187 $ 4,549
Average DAUs (in millions)(3) .................... 63 57 56 41 NA
Average MAUs (in millions)(4) .................... 302 233 217 153 NA
Average MUUs (in millions)(5) .................... 180 151 116 86 NA
ABPU(6) ...................................... $ 0.050 $ 0.055 $ 0.041 $ 0.035 $ NA
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