YEARS ENDED DECEMBER 31, ----------------------------------- 1999 1998 1997 ---------- --------- -------- <S> <C> <C> <C> Net sales................................................ $1,639,839 $ 609,819 $147,787 Cost of sales............................................ 1,349,194 476,155 118,969 ---------- --------- -------- Gross profit........................................ 290,645 133,664 28,818 Operating expenses: Marketing and sales.................................... 413,150 132,654 40,077 Technology and content................................. 159,722 46,424 13,384 General and administrative............................. 70,144 15,618 6,741 Stock-based compensation............................... 30,618 1,889 1,211 Amortization of goodwill and other intangibles......... 214,694 42,599 -- Merger, acquisition and investment-related costs....... 8,072 3,535 -- ---------- --------- -------- Total operating expenses....................... 896,400 242,719 61,413 ---------- --------- -------- Loss from operations..................................... (605,755) (109,055) (32,595) Interest income.......................................... 45,451 14,053 1,901 Interest expense......................................... (84,566) (26,639) (326) Other income, net........................................ 1,671 -- -- ---------- --------- -------- Net interest income (expense) and other............. (37,444) (12,586) 1,575 ---------- --------- -------- Loss before equity in losses of equity-method investees.............................................. (643,199) (121,641) (31,020) Equity in losses of equity-method investees.............. (76,769) (2,905) -- ---------- --------- -------- Net loss................................................. $ (719,968) $(124,546) $(31,020) ========== ========= ======== Basic and diluted loss per share......................... $ (2.20) $ (0.42) $ (0.12) ========== ========= ======== Shares used in computation of basic and diluted loss per share.................................................. 326,753 296,344 260,682 ========== ========= ======== </TABLE> |