Yahoo! Inc.* included these statements in its 2010 annual report: YAHOO! INC CONSOLIDATED STATEMENTS OF INCOME Years Ended December 31, 2008 2009 2010 (In thousands, except per share amounts) Revenues Cost of revenues $7,208,502 $6,460,315 $6,324,651 3,023,362 2,871,746 2,627,54S 4,185,140 3,588,7463,697,106 Gross profit Operating expenses: Sales and marketing Product development General and administrative Amortization of intangibles Restructuring charges, net Goodwill impairment charge 1,563,313 1,245,350 1,264,491 1,221,787 1,210,168 1,082,176 705,136 87,550 106,854 487,537 580,352 39,106 126,901 488,332 31,626 57,957 Total operating expenses 4,172,177 3,201,877 2,924,582 Income from operations Other income, net 12,963 73,750 386,692 7 554 187,528 297,869 ncones hty interests Provision for income taxes Earnings in equity interests Net income 86,713 574,220 1,070,393 (259,006) (219,321) (221,523) 250,390 596,979 395,758 605,289 1,244,628 continued) "Yahoo! Inc., together with its consolidated subsidiaries... is a premier digital media company that delivers per- sonalized digital content and experiences, across devices and around the globe, to vast audiences." 10-K Source: Yahoo! Inc. 2010 10-K