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Google Inc.
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CONSOLIDATED STATEMENTS OF INCOME
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(In millions, except per share amounts)
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Three Months Ended Six Months Ended
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June 30, June 30,
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2014 2015 2014 2015
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(unaudited)
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Revenues $15,955 $17,727 $31,375 $34,985
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Costs and expenses:
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Cost of revenues 6,114 6,583 12,075 12,939
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Research and development 2,238 2,789 4,364 5,542
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Sales and marketing 1,941 2,080 3,670 4,145
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General and administrative 1,404 1,450 2,893 3,087
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Total costs and expenses 11,697 12,902 23,002 25,713
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Income from operations 4,258 4,825 8,373 9,272
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Interest and other income, net 145 131 502 288
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Income from continuing operations before income taxes 4,403 4,956 8,875 9,560
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Provision for income taxes 984 1,025 1,887 2,114
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Net income from continuing operations 3,419 3,931 6,988 7,446
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Net loss from discontinued operations (68) 0 (266) 0
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Net income $3,351 $3,931 $6,722 $7,446
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Less: Adjustment Payment to Class C capital stockholders 0 522 0 522
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Net income available to all stockholders $3,351 $3,409 $6,722 $6,924
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Basic net income (loss) per share of Class A and B common stock:
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Continuing operations $5.06 $4.99 $10.37 $10.15
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Discontinued operations (0.10) 0.00 (0.39) 0.00
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Basic net income per share of Class A and B common stock $4.96 $4.99 $9.98 $10.15
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Basic net income (loss) per share of Class C capital stock:
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Continuing operations $5.06 $6.51 $10.37 $11.68
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Discontinued operations (0.10) 0.00 (0.39) 0.00
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Basic net income per share of Class C capital stock $4.96 $6.51 $9.98 $11.68
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Diluted net income (loss) per share of Class A and B common stock:
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Continuing operations $4.98 $4.93 $10.19 $10.03
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Discontinued operations (0.10) 0.00 (0.39) 0.00
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Diluted net income per share of Class A and B common stock $4.88 $4.93 $9.80 $10.03
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Diluted net income (loss) per share of Class C capital stock:
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Continuing operations $4.98 $6.43 $10.19 $11.53
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Discontinued operations (0.10) 0.00 (0.39) 0.00
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Diluted net income per share of Class C capital stock $4.88 $6.43 $9.80 $11.53