THQ 2012 Annual Report Download - page 29

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21
STATEMENT OF OPERATIONS DATA
(Amounts in thousands, except per share data)
Fiscal Year Ended March 31,
2012 2011 2010 2009 2008
Net sales $ 830,841 $ 665,258 $ 899,137 $ 829,963 $ 1,030,467
Cost of sales:
Product costs 353,597 272,021 318,590 338,882 389,097
Software amortization and ro
y
alties 308,051 129,237 196,956 296,688
231,800
License amortization and ro
y
alties 74,632 118,287 110,503 102,773
123,580
Total cost of sales 736,280 519,545 626,049 738,343 744,477
Gross Profi
t
94,561 145,713 273,088 91,620
285,990
O
p
eratin
g
ex
p
enses:
Product develo
p
men
t
89,526 79,374 87,233 109,201
128,869
Sellin
g
and marketin
g
191,669 156,075 131,954 162,183
175,288
General and administrative 48,712 45,356 57,879 76,884 69,901
Goodwill im
p
airmen
t
—
—
118,799
—
Restructurin
g
6,803 602 5,671 12,266
—
Total o
p
eratin
g
ex
p
enses 336,710 281,407 282,737 479,333 374,058
O
p
eratin
g
loss
(
242,149
)
(
135,694
)
(
9,649
)
(
387,713
)
(
88,068
)
Interest and other income
(
ex
p
ense
)
, ne
t
5,143 524
(
2,056
)
483 15,433
Loss from continuin
g
o
p
erations before income taxes
(
237,006
)
(
135,170
)
(
11,705
)
(
387,230
)
(
72,635
)
Income tax ex
p
ense
(
benefit
)
5,500 928 247 46,226
(
35,785
)
Loss from continuin
g
o
p
erations
(
242,506
)
(
136,098
)
(
11,952
)
(
433,456
)
(
36,850
)
Gain on sale of discontinued o
p
erations, net of tax
—
—
—
2,042
1,513
Net loss
p
rior to allocation of noncont
r
ollin
g
interes
t
(
242,506
)
(
136,098
)
(
11,952
)
(
431,414
)
(
35,337
)
Loss attributable to noncontrollin
g
interest
—
—
2,935 302
—
Net loss attributable to THQ Inc $
(
242,506
)
$
(
136,098
)
$
(
9,017
)
$
(
431,112
)
$
(
35,337
)
Loss
p
er share attributable to THQ Inc.
—
b
asic:
Continuin
g
o
p
erations(a) $
(
3.55
)
$
(
2.00
)
$
(
0.13
)
$
(
6.48
)
$
(
0.55
)
Discontinued o
p
erations
—
—
—
0.03 0.02
Loss
p
er share
—
b
asic $
(
3.55
)
$
(
2.00
)
$
(
0.13
)
$
(
6.45
)
$
(
0.53
)
Loss
p
er share attributable to THQ Inc.
—
diluted:
Continuin
g
o
p
erations(a) $
(
3.55
)
$
(
2.00
)
$
(
0.13
)
$
(
6.48
)
$
(
0.55
)
Discontinued o
p
erations
—
—
—
0.03 0.02
Loss
p
er share
—
diluted $
(
3.55
)
$
(
2.00
)
$
(
0.13
)
$
(
6.45
)
$
(
0.53
)
Shares used in
p
er share calculation
—
b
asic 68,369 67,910 67,522 66,861
66,475
Shares used in
p
er share calculation
—
diluted 68,369 67,910 67,522 66,861
66,475
BALANCE SHEET DATA
(Amounts in thousands)
As of March 31,
2012 2011 2010 2009 2008
Workin
g
ca
p
ital $ 18,749 $ 220,158 $ 371,641 $ 189,604 $ 396,505
Total assets $ 392,794 $ 774,405 $ 714,329 $ 598,329 $ 1,084,320
Total THQ Inc. stockholders'
(
deficit
)
e
q
uit
y
(a) $
(
32,327
)
$ 206,831 $ 324,355 $ 307,040 $ 740,569
________________________
(a) Based on amounts attributable to THQ Inc. (i.e., subsequent to the allocation of noncontrolling interest).