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Selected Quarterly Financial Data
12 Months Ended
Jul. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)

The following tables contain selected quarterly financial data for the twelve months ended July 31, 2012 and July 31, 2011. We have classified our Intuit Websites business as discontinued operations and as a result have segregated its operating results from continuing operations in our statements of operations and in these tables. See Note 8, "Discontinued Operations," for more information.

 
Fiscal 2012 Quarter Ended
(In millions, except per share amounts)
October 31
 
January 31
 
   April 30   

 
    July 31    

 
 
 
 
 
 
 
 
Total net revenue
$
575

 
$
999

 
$
1,926

 
$
651

Cost of revenue
167

 
205

 
197

 
191

All other costs and expenses
492

 
599

 
618

 
505

Operating income (loss) from continuing operations
(84
)
 
195

 
1,111

 
(45
)
Net income (loss) from continuing operations
(58
)
 
121

 
736

 
(32
)
Net income (loss) from discontinued operations
(6
)
 
(3
)
 
(2
)
 
36

Net income (loss)
(64
)
 
118

 
734

 
4

 
 
 
 
 
 
 
 
Basic net income (loss) per share from continuing operations
$
(0.19
)
 
$
0.41

 
$
2.50

 
$
(0.11
)
Basic net income (loss) per share from discontinued operations
(0.02
)
 
(0.01
)
 
(0.01
)
 
0.12

Basic net income (loss) per share
$
(0.21
)
 
$
0.40

 
$
2.49

 
$
0.01

 
 
 
 
 
 
 
 
Diluted net income (loss) per share from continuing operations
$
(0.19
)
 
$
0.40

 
$
2.43

 
$
(0.11
)
Diluted net income (loss) per share from discontinued operations
(0.02
)
 
(0.01
)
 
(0.01
)
 
0.12

Diluted net income (loss) per share
$
(0.21
)
 
$
0.39

 
$
2.42

 
$
0.01




 
Fiscal 2011 Quarter Ended
(In millions, except per share amounts)
October 31
 
January 31
 
   April 30   

 
    July 31     

 
 
 
 
 
 
 
 
Total net revenue
$
515

 
$
857

 
$
1,827

 
$
573

Cost of revenue
154

 
175

 
162

 
159

All other costs and expenses
455

 
560

 
598

 
472

Operating income (loss) from continuing operations
(94
)
 
122

 
1,067

 
(58
)
Net income (loss) from continuing operations
(64
)
 
80

 
692

 
(56
)
Net income (loss) from discontinued operations
(6
)
 
(7
)
 
(4
)
 
(1
)
Net income (loss)
(70
)
 
73

 
688

 
(57
)
 
 
 
 
 
 
 
 
Basic net income (loss) per share from continuing operations
$
(0.20
)
 
$
0.26

 
$
2.28

 
$
(0.19
)
Basic net income (loss) per share from discontinued operations
(0.02
)
 
(0.02
)
 
(0.01
)
 

Basic net income (loss) per share
$
(0.22
)
 
$
0.24

 
$
2.27

 
$
(0.19
)
 
 
 
 
 
 
 
 
Diluted net income (loss) per share from continuing operations
$
(0.20
)
 
$
0.25

 
$
2.21

 
$
(0.19
)
Diluted net income (loss) per share from discontinued operations
(0.02
)
 
(0.02
)
 
(0.01
)
 

Diluted net income (loss) per share
$
(0.22
)
 
$
0.23

 
$
2.20

 
$
(0.19
)