eBay 2008 Annual Report Download - page 100

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Expected future intangible asset amortization from acquisitions completed as of December 31, 2008 is as
follows (in thousands):
Fiscal Years:
2009 ............................................................. $310,772
2010 ............................................................. 208,681
2011 ............................................................. 101,946
2012 ............................................................. 68,335
2013 ............................................................. 46,932
Thereafter.......................................................... —
$736,666
Note 4 — Segments:
Operating segments are based upon our internal organization structure, the manner in which our operations are
managed, the criteria used by our Chief Operating Decision Maker (CODM) to evaluate segment performance and
the availability of separate financial information. We have three operating segments: Marketplaces, Payments and
Communications.
The following table summarizes the financial performance of our operating segments (in thousands):
Marketplaces Payments Communications Consolidated
Year Ended December 31, 2006
Net revenues from external customers ......... $4,334,290 $1,440,530 $194,921 $5,969,741
Direct costs . ............................ 2,503,961 1,102,919 221,819 3,828,699
Direct contribution...................... 1,830,329 337,611 (26,898) 2,141,042
Operating expenses and indirect costs of net
revenues ........................... 718,086
Income from operations .................. 1,422,956
Interest and other income, net ............... 130,017
Interest expense.......................... (5,916)
Income before income taxes ................ $1,547,057
Marketplaces Payments Communications Consolidated
Year Ended December 31, 2007
Net revenues from external customers ......... $5,363,891 $1,926,616 $381,822 $7,672,329
Direct costs . ............................ 3,017,895 1,534,627 337,338 4,889,860
Direct contribution...................... 2,345,996 391,989 44,484 2,782,469
Operating expenses and indirect costs of net
revenues ........................... 2,169,289
Income from operations .................. 613,180
Interest and other income, net ............... 154,271
Interest expense.......................... (16,600)
Income before income taxes ................ $ 750,851
92
eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)