EXHIBIT
99.3
SELECTED
FINANCIAL DATA
(in thousands, except per share amounts)
|
|
Year Ended December 31,
|
|
|
|
1998
|
|
1997
|
|
1996
|
|
1995
|
|
STATEMENTS OF OPERATIONS DATA: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net revenues |
|
$ |
245,100 |
|
$ |
84,108 |
|
$ |
23,793 |
|
$ |
1,666 |
|
Gross profit |
|
|
192,946 |
|
|
64,226 |
|
|
16,506 |
|
|
1,282 |
|
Total operating expenses |
|
|
206,667 |
|
|
113,138 |
|
|
33,449 |
|
|
3,118 |
|
Net loss |
|
|
(12,674 |
)(a) |
|
(43,376 |
)(b) |
|
(12,430 |
) |
|
(1,766 |
) |
Net loss per sharebasic and diluted* |
|
$ |
(0.06 |
)(a) |
$ |
(0.23 |
)(b) |
$ |
(0.07 |
) |
$ |
(0.01 |
) |
Shares used in per share calculationbasic and diluted* |
|
|
219,995 |
|
|
195,771 |
|
|
174,325 |
|
|
121,764 |
|
|
|
December 31,
|
|
|
1998
|
|
1997
|
|
1996
|
|
1995
|
BALANCE SHEETS DATA: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash, cash equivalents, and short-term investments in marketable debt securities |
|
$ |
572,783 |
|
$ |
119,879 |
|
$ |
101,563 |
|
$ |
6,310 |
Working capital |
|
|
521,803 |
|
|
136,714 |
|
|
95,537 |
|
|
5,410 |
Total assets |
|
|
781,019 |
|
|
203,351 |
|
|
125,939 |
|
|
8,270 |
Stockholders' equity |
|
$ |
677,012 |
|
$ |
137,241 |
|
$ |
110,367 |
|
$ |
5,721 |
Note: The
selected financial data for the four years ended December 31, 1998 has been restated to reflect the acquisitions of Net Roadshow, GeoCities, Encompass, Online
Anywhere, and broadcast.com which were accounted for as poolings of interests.
- *
- Reflects
the two-for-one stock split effective February 1999.
- (a)
- Net
loss and net loss per share include non-recurring charges of $21.2 million incurred in connection with the June 1998 acquisition of Viaweb Inc., the October 1998 acquisition of
Yoyodyne Entertainment, Inc., the November 1998 acquisition of SimpleNet, and the December 1998 acquisition of HyperParallel, Inc., and amortization of $6.2 million on intangible assets.
- (b)
- Net
loss and net loss per share include non-recurring charges of $21.2 million related to the Yahoo! Marketplace restructuring and $3.9 million incurred in connection with the
October 1997 acquisition of Four11 Corporation.
QUARTERLY
FINANCIAL DATA (UNAUDITED)
(in thousands, except per share amounts)
|
|
Three Months Ended
|
|
|
September 30, 1999
|
|
June 30, 1999
|
|
March 31, 1999
|
Net revenues |
|
$ |
155,078 |
|
$ |
128,569 |
|
$ |
103,878 |
Gross profit |
|
|
128,882 |
|
|
103,234 |
|
|
83,105 |
Net income (loss) |
|
|
14,862 |
|
|
(263 |
) |
|
1,796 |
Net income (loss) per sharebasic |
|
|
0.06 |
|
|
0.00 |
|
|
0.01 |
Net income (loss) per sharediluted |
|
$ |
0.05 |
|
$ |
0.00 |
|
$ |
0.01 |
Shares used in per share calculationbasic |
|
|
259,530 |
|
|
255,906 |
|
|
252,024 |
Shares used in per share calculationdiluted |
|
|
296,336 |
|
|
255,906 |
|
|
297,463 |
|
|
Three Months Ended
|
|
|
|
December 31, 1998
|
|
September 30, 1998
|
|
June 30, 1998
|
|
March 31, 1998
|
|
Net revenues |
|
$ |
91,277 |
|
$ |
66,290 |
|
$ |
50,520 |
|
$ |
37,013 |
|
Gross profit |
|
|
73,787 |
|
|
52,175 |
|
|
38,599 |
|
|
28,385 |
|
Net income (loss) |
|
|
3,840 |
|
|
4,249 |
|
|
(17,703 |
) |
|
(3,060 |
) |
Net income (loss) per sharebasic |
|
|
0.02 |
|
|
0.02 |
|
|
(0.09 |
) |
|
(0.02 |
) |
Net income (loss) per sharediluted |
|
$ |
0.01 |
|
$ |
0.01 |
|
$ |
(0.09 |
) |
$ |
(0.02 |
) |
Shares used in per share calculationbasic |
|
|
244,972 |
|
|
232,404 |
|
|
204,754 |
|
|
197,849 |
|
Shares used in per share calculationdiluted |
|
|
292,909 |
|
|
279,842 |
|
|
204,754 |
|
|
197,849 |
|
|
|
Three Months Ended
|
|
|
|
December 31, 1997
|
|
September 30, 1997
|
|
June 30, 1997
|
|
March 31, 1997
|
|
Net revenues |
|
$ |
31,573 |
|
$ |
22,477 |
|
$ |
17,308 |
|
$ |
12,750 |
|
Gross profit |
|
|
24,425 |
|
|
17,278 |
|
|
12,739 |
|
|
9,784 |
|
Net loss |
|
|
(7,934 |
) |
|
(4,741 |
) |
|
(26,444 |
) |
|
(4,257 |
) |
Net loss per sharebasic and diluted |
|
|
(0.04 |
) |
|
(0.02 |
) |
|
(0.14 |
) |
|
(0.02 |
) |
Shares used in per share calculationbasic and diluted |
|
|
200,956 |
|
|
198,525 |
|
|
193,869 |
|
|
189,733 |
|