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ATVI » Topics » Cost of Sales - Intellectual Property Licenses (amounts in thousands)

This excerpt taken from the ATVI 10-Q filed Aug 8, 2008.

Cost of Sales – Intellectual Property Licenses (amounts in thousands)

 

Three Months
 Ended

 

% of

 

Three Months
Ended

 

% of

 

 

 

 

 

June 30,

 

Publishing

 

June 30,

 

Publishing

 

Increase/

 

Percent

 

2008

 

Net Revenues

 

2007

 

Net Revenues

 

(Decrease)

 

Change

 

 

 

 

 

 

 

 

 

 

 

 

 

$

27,359

 

5

%

$

32,479

 

8

%

$

(5,120

)

(16

)%

 

“Cost of sales – intellectual property licenses” for the three months ended June 30, 2008 decreased by $5.1 million from the three months ended June 30, 2007 from $32.5 million to $27.4 million.  As a percentage of publishing net revenues, “cost of sales – intellectual property licenses” decreased from 8% to 5%.  The decrease in absolute dollars and as a percentage of publishing net revenues for the three months ended June 30, 2008 is primarily due to fewer releases of titles associated with third-party intellectual property, as compared to the three months ended June 30, 2007.

 

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