DREAMWORKS ANIMATION SKG, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

Three Months Ended

Year Ended

December 31,

December 31,

2015

2014

2015

2014

(in thousands, except per share amounts)

Revenues

$

319,335

$

234,244

$

915,863

$

684,623

Operating expenses (income):

Costs of revenues

168,816

345,379

526,286

681,113

Selling and marketing

12,222

32,918

43,640

61,252

General and administrative

89,740

108,620

332,736

262,013

Product development

1,195

3,632

4,655

5,217

Change in fair value of contingent consideration

—

(6,825)

—

(16,500)

Other operating income

(3,037)

(1,767)

(7,893)

(8,429)

Operating income (loss)

50,399

(247,713)

16,439

(300,043)

Non-operating income (expense):

Interest expense, net

(5,631)

(4,769)

(23,334)

(11,866)

Other income (expense), net

494

(17,730)

(9,650)

(14,361)

Decrease (increase) in income tax benefit payable to former stockholder

3,228

253,623

(17,673)

253,861

Income (loss) before loss from equity method investees and income taxes

48,490

(16,589)

(34,218)

(72,409)

Loss from equity method investees

5,868

5,869

15,491

13,808

Income (loss) before income taxes

42,622

(22,458)

(49,709)

(86,217)

(Benefit) provision for income taxes

(2,387)

239,383

4,255

222,104

Net income (loss)

45,009

(261,841)

(53,964)

(308,321)

Less: Net income attributable to non-controlling interests

2,936

1,378

842

1,293

Net income (loss) attributable to DreamWorks Animation SKG, Inc.

$

42,073

$

(263,219)

$

(54,806)

$

(309,614)

Net income (loss) per share of common stock attributable to DreamWorks Animation SKG, Inc.

Basic net income (loss) per share

$

0.49

$

(3.08)

$

(0.64)

$

(3.65)

Diluted net income (loss) per share

$

0.48

$

(3.08)

$

(0.64)

$

(3.65)

Shares used in computing net income (loss) per share

Basic

86,145

85,392

85,841

84,771

Diluted

87,375

85,392

85,841

84,771