Gross Profit is the Gross Profit reported on the income statement for the applicable period in the Company's Public Filings.
Gross Profit. Operating expenses: 103,470 -------- 80,605 -------- 53,302 -------- 30,555 -------- 39,837 ------- 34,605 ------- Acquired in-process technology............................ Total operating expenses.......................... Income (loss) from operations............................... -- -------- 51,588 -------- 29,017 14,000 -------- 52,498 -------- (21,943) -- ------- 30,099 ------- 4,506 Interest and other income, net.............................. Income (loss) before income taxes........................... 2,556 -------- 31,573 490 -------- (21,453) 682 ------- 5,188 Provision for income taxes.................................. Net income (loss)........................................... Net income (loss) per share: 7,893 -------- $ 23,680 ======== -- -------- $(21,453)======== 259 ------- $ 4,929 ======= Basic..................................................... Diluted................................................... Weighted average shares: $ 0.84 ======== $ 0.76 ======== $ (0.92) ======== $ (0.92) ======== $ 0.24 ======= $ 0.21 ======= Basic..................................................... Diluted................................................... 28,290 ======== 30,967 ======== 23,244 ======== 23,244 ======== 20,690 ======= 23,046 ======= CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY ACCUMULATED COMMON STOCK CAPITAL IN OTHER --------------- EXCESS OF ACCUMULATED COMPREHENSIVE STOCKHOLDERS' COMPREHENSIVE SHARES AMOUNT PAR VALUE DEFICIT INCOME EQUITY INCOME (LOSS) Balance at December 31, 1996... 20,322 $20 $ 54,569 $(10,948) $ -- $ 43,641 Net income..................... -- -- -- 4,929 -- 4,929 $ 4,929 Currency translation........... -- -- -- -- 23 23 23 Other comprehensive income..... Issuance of Common Stock under $ 4,952======== option and purchase plans.... 506 1 1,337 -- -- 1,338 Balance at December 31, 1997... 20,828 21 55,906 (6,019) 23 49,931 Net loss....................... -- -- -- (21,453) -- (21,453) $(21,453) Currency translation........... -- -- -- -- (13) (13) (13) Other comprehensive loss....... $(21,466) ======== Issuance of Common Stock under option and purchase plans.... 548 -- 1,614 -- -- 1,614 Acquisition of New Media Communication Ltd............ 2,076 2 13,393 -- -- 13,395 Balance at December 31, 1998... 23,452 23 70,913 (27,472) 10 43,474 Net income..................... -- -- -- 23,680 -- 23,680 $ 23,680 Change in unrealized loss on investments.................. -- -- -- -- (126) (126) (126) Currency translation.............
Gross Profit. 56 --- 44 64 --- 36 54 --- 46
Gross Profit. For fiscal year 2011, gross profit totaled RMB84.4 million (US$13.4 million) representing a 16.5% gross margin, compared to RMB59.9 million representing a 20.9% gross margin for 2010. The decline in gross margin was primarily due to an increase in Internet bandwidth costs and content costs. Operating Expenses. Total operating expenses in 2011 were RMB461.8 million (US$73.4 million) compared to RMB248.1 million in 2010. The increase was primarily due to an increase in sales and marketing expenses, mainly as a result of Tudou hiring additional sales professionals and enhanced promotion and marketing efforts. • Tudou's sales and marketing expenses increased by 100.3% to RMB286.8 million (US$45.6 million) in 2011 from RMB143.2 million in 2010. The increase was primarily attributable to an increase of RMB75.3 million (US$12.0 million) in its marketing and promotion expenses and an increase of RMB58.6 million (US$9.3 million) in salaries and benefits for its sales and marketing staff, resulting from an increase in performance-based salary and bonus expenses and Tudou's hiring of additional sales professionals. Tudou had 229 sales professionals as of December 31, 2011 compared to 170 as of December 31, 2010. This increase was also attributable to an increase of RMB8.4 million (US$1.3 million) in share-based compensation expenses recognized as sales and marketing expenses during the period. • Tudou general and administrative expenses increased by 66.8% to RMB175.0 million (US$27.8 million) in 2011 from RMB104.9 million in 2010. The increase was primarily due to (1) an increase of RMB36.7 million (US$5.8 million) in its allowance for bad debts related to certain advertising agencies primarily due to the deterioration in the financial condition of certain advertising agencies and advertisers and increased long aged overdue receivables; (2) an increase of RMB12.4 million (US$2.0 million) in salaries and benefits for its general and administrative staff, resulting from Tudou's hiring additional personnel to support its growth and (3) an increase of RMB6.6 million (US$1.0 million) in legal service fees in connection with defending copyright infringement actions. The increase was partially offset by a decrease of RMB8.0 million (US$1.3 million) in share-based compensation expenses recognized as general and administrative expenses.
Gross Profit. The Gross Profit calculation set forth on Schedule 2(b) is consistent with the methodology and policies employed by Seller in preparing the Financial Information.
Gross Profit. 27,848 -------- 23,922 14,381 --------- 14,250 -- --------- -- 42,229 --------- 38,172
Gross Profit. Section 1.6(b) Gross Profit Statement.......................................Section 1.6(b) Health Plan Policies.........................................Section 4.3(e) Indemnity Basket.............................................Section 7.2(b) Initial Purchase Price.......................................Section 1.4(b) Instrument of Assumption....................................Section 1.10(a) Law.............................................................Section 2.3 Laws............................................................Section 2.3 Lease..........................................................Section 2.13 Leased Real Property...........................................Section 2.13 Material Prior Profit Discrepancy............................Section 1.6(c) Measuring Period.............................................Section 1.6(a) Member.............................................................
Gross Profit. For the purposes of this Agreement, the term "Gross Profit" shall be defined as the difference between the monies ZLand collects from the customer for any products and services provided to the customer and ZLand's costs on those products and services as established in the then current price list as specified in the business manuals.
Gross Profit. 6,563 ------- 5,516 2,532 ------- 401 ======= ======= Shares used in computing net loss per common share.......... 35,401 5,574 2001 2000 Cash and cash equivalents, end of period.................... 13,670 39,046 ======== =======
Gross Profit. 530.9 523.7 533.3 542.2 EBITDA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96.6 89.1 92.7 96.4 EBIT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44.0 41.1 44.3 48.3 Diluted EPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.69 $ 0.71 $ 0.81 $ 0.93 Select Balance Sheet and Cash Flow Data Capital Expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ($46.7) ($35.0) ($34.0) ($33.0) Change in Net Working Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (24.4) — 5.0 5.0
