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Selected Quarterly Financial Data
12 Months Ended
Jul. 31, 2013
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, 2013 and July 31, 2012. We have classified our Intuit Financial Services, Intuit Health, and Intuit Websites businesses as discontinued operations and as a result have segregated their operating results from continuing operations in our statements of operations and in these tables. See Note 8, “Discontinued Operations,” for more information.
 
 
Fiscal 2013 Quarter Ended
(In millions, except per share amounts)
October 31
 
January 31
 
   April 30   

 
    July 31    

 
 
 
 
 
 
 
 
Total net revenue
$
562

 
$
884

 
$
2,091

 
$
634

Cost of revenue
139

 
166

 
145

 
127

All other costs and expenses
496

 
634

 
664

 
567

Operating income (loss) from continuing operations
(73
)
 
84

 
1,282

 
(60
)
Net income (loss) from continuing operations
(54
)
 
65

 
858

 
(46
)
Net income (loss) from discontinued operations
35

 
6

 
(36
)
 
30

Net income (loss)
(19
)
 
71

 
822

 
(16
)
 
 
 
 
 
 
 
 
Basic net income (loss) per share from continuing operations
$
(0.18
)
 
$
0.22

 
$
2.89

 
$
(0.15
)
Basic net income (loss) per share from discontinued operations
0.12

 
0.02

 
(0.12
)
 
0.10

Basic net income (loss) per share
$
(0.06
)
 
$
0.24

 
$
2.77

 
$
(0.05
)
 
 
 
 
 
 
 
 
Diluted net income (loss) per share from continuing operations
$
(0.18
)
 
$
0.21

 
$
2.83

 
$
(0.15
)
Diluted net income (loss) per share from discontinued operations
0.12

 
0.02

 
(0.12
)
 
0.10

Diluted net income (loss) per share
$
(0.06
)
 
$
0.23

 
$
2.71

 
$
(0.05
)



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

 
    July 31     

 
 
 
 
 
 
 
 
Total net revenue
$
491

 
$
911

 
$
1,839

 
$
567

Cost of revenue
123

 
162

 
154

 
146

All other costs and expenses
448

 
556

 
583

 
468

Operating income (loss) from continuing operations
(80
)
 
193

 
1,102

 
(47
)
Net income (loss) from continuing operations
(55
)
 
119

 
732

 
(32
)
Net income (loss) from discontinued operations
(9
)
 
(1
)
 
2

 
36

Net income (loss)
(64
)
 
118

 
734

 
4

 
 
 
 
 
 
 
 
Basic net income (loss) per share from continuing operations
$
(0.18
)
 
$
0.40

 
$
2.48

 
$
(0.11
)
Basic net income (loss) per share from discontinued operations
(0.03
)
 

 
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
$
(0.18
)
 
$
0.39

 
$
2.41

 
$
(0.11
)
Diluted net income (loss) per share from discontinued operations
(0.03
)
 

 
0.01

 
0.12

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

 
$
2.42

 
$
0.01