eTrade 2000 Annual Report Download - page 77

VERSUS (through August 31, 2000) 28,988 (8,007 ) (8,007 )
Elimination of intercompany transactions (1) (1,197 ) 372 372
Combined $ 1,368,318 $ 19,152 $ 19,152
Fiscal year ended September 30, 1999
E*TRADE Group $ 601,763 $ (54,438 ) $ (54,438 )
ETFC 55,387 4,800 2,346
Versus 14,668 (5,036 ) (5,036 )
Elimination of intercompany transactions (1) (370 ) 359 359
Combined $ 671,448 $ (54,315 ) $ (56,769 )
Fiscal year ended September 30, 1998
E*TRADE Group $ 324,721 $ 1,927 $ 1,927
ETFC 25,933 1,375 1,375
VERSUS 10,535 (4,076 ) (4,076 )
Elimination of intercompany transactions (1) (184 ) 372 372
Combined $ 361,005 $ (402 ) $ (402 )
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(1) Eliminations include the royalty revenue recorded by E*TRADE and the corresponding royalty expense and the amortization of
the license recorded by VERSUS under the License and Service Agreement between E*TRADE and VERSUS.
Poolings of Interests—Prior Years
The following acquisitions were accounted for as poolings of interests in the prior years, and accordingly, all prior financial data of
the Company have previously been restated to include the historical operating results of the acquired businesses.
TIR (Holdings) Limited
On August 31, 1999, the Company acquired TIR an international financial services company offering global multi-currency securities
execution and settlement services and a leader in providing independent research to institutional investors. The Company issued
4,488,000 shares of common stock in exchange for all outstanding common stock of TIR. The Company also assumed all outstanding
TIR options, which were converted to options to purchase approximately 190,000 shares of the Company’ s common stock.
ClearStation
On April 30, 1999, the Company acquired ClearStation, Inc. (“ClearStation”), a financial media Web site that integrates technical and
fundamental analysis and discussion for investors. The Company issued 939,000 shares of common stock in exchange for all
outstanding common stock of ClearStation. The Company also assumed all outstanding ClearStation options, which were converted to
options to purchase approximately 112,000 shares of the Company’ s common stock.
ShareData
On July 30, 1998, the Company acquired ShareData, Inc. (“ShareData”). ShareData supplies stock plan knowledge-based software
and Full Service Stock Plan Administration (“FSSPA”) consulting services for pre-IPO and public companies. The Company issued
5,232,000 shares of its common stock in exchange for all outstanding
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common stock of ShareData. The Company also assumed all outstanding ShareData options, which were converted to options to
purchase approximately 744,000 shares of the Company’ s common stock.
Purchase Acquisitions
2002. EDGAR Online, Inc.