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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 | |||