THQ 2007 Annual Report Download - page 32

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24
BALANCE SHEET DATA
(Inthousands)
As of March 31,
2007 20062005 2004 2003
Working capital. ................................ $562,316 $459,558 $400,063 $309,633 $286,899
Totalassets .................................... $1,013,541 $848,468 $746,606 $527,901 $473,867
Stockholders’equity............................. $768,957 $627,751 $547,758 $437,879 $397,309
Notes:
(a)Net income includes a $7.8 million benefit for research and development income tax credits claimed
for prior years.
(b)Net income includes a $4.0 million benefit for a settlement of a dispute with directors’ and officers’
insurance carrier, netof tax.
(c) Net incomeincludesacharge of $1.8 million due to the other thantemporary impairment of our
investment in Yuke’s Co., Ltd. (See “Note8—OtherLong-Term Assets” in Note to Consolidated
Financial Statements). We also changed our fiscal year end from December 31 to March31, effective
January 1, 2003.
(d)Net income includesacharge of $7.9 million,net of tax, forthecancellation of 20 SKUs as well as a
charge of $4.6 million,netof tax, related to the settlement of aclass action lawsuit andacharge of
$1.1 million, net of tax, related to the write-off of inventory and softwaredevelopment for “WWF”
branded games that we had been prevented from shippingpursuant to an action by theWorld Wide
Fund for Nature against WorldWrestling Entertainment, Inc. and a chargeof $2.8 million, net of tax,
related to the discontinuationof our online joint venture in the United Kingdom (Network Interactive
Sports, Ltd.).