NOTE 21. QUARTERLY DATA (UNAUDITED)

For convenience purposes, all references to September 30, 2013 and September 30, 2012 refer to the three months ended September 29, 2013 and September 30, 2012, respectively. All references to December 31, 2013 and December 31, 2012 refer to the three months ended December 29, 2013 and December 30, 2012, respectively. All references to March 31, 2014 and March 31, 2013 refer to the three months ended March 30, 2014, and March 31, 2013, respectively.


	For the three months ended
	September 30,			December 31,		March 31,		June 30,
	(in millions, except per share amounts)
Fiscal 2014
Revenues	$	2,072		$	2,238	$	2,078	$	2,186
Net income		38			166		61		29
Net income attributable to News Corporation stockholders		27			151		48		13
Income available to News Corporation stockholders per share—basic	$	0.05		$	0.26	$	0.08	$	0.02
Income available to News Corporation stockholders per share—diluted		0.05			0.26		0.08		0.02
Fiscal 2013^(a)
Revenues	$	2,133		$	2,321	$	2,180	$	2,257
Net (loss) income		(83	)		1,411		332		(1,113	)
Net (loss) income attributable to News Corporation stockholders		(92	)		1,399		323		(1,124	)

(Loss) income available to News Corporation stockholders per share—basic^(b)	$	(0.16	)	$	2.42	$	0.56	$	(1.94	)
(Loss) income available to News Corporation stockholders per share—diluted^(b)		(0.16	)		2.42		0.56		(1.94	)

^(a)

In the quarter ended December 31, 2012, the Company recorded a gain on the CMH transaction of approximately $1.3 billion (See Note 3—Acquisitions, Disposals and Other Transactions). In the quarter ended March 31, 2013, the Company recorded a gain on the sale of its investment in SKY Network Television Ltd. of $321 million (See Note 5—Investments). In the quarter ended June 30, 2013, the Company recorded impairment charges of approximately $1.4 billion. (See Note 7—Goodwill and Other Intangible Assets).

^(b)

The Separation was completed on June 28, 2013, and the Company issued 579 million shares of common stock. This initial share amount is being utilized for the calculation of both basic and diluted earnings per share for all years presented prior to the Distribution Date as no News Corporation common stock or equity-based awards were outstanding prior to June 28, 2013. The dilutive effect of the Company’s equity-based awards issued in connection with the Separation is included in the computation of diluted earnings per share in the period subsequent to the Separation. (See Note 12—Earnings per Share).