Diluted earnings per share increased 16% to $0.81 per share in 2001 from $0.70 per share in 2000.
Worldwide revenue increased 15% to $1,746.8 million in the second quarter of 2001 from $1,520.2 million in the second quarter of 2000. Domestic revenue for the second quarter of 2001 increased 15% to $925.3 million compared to $805.4 million in 2000. International revenue for the second quarter of 2001 increased 15% to $821.5 million compared to $714.8 million in 2000.
Net income for the six months ended June 30, 2001 increased 19% to $246.6 million from $207.1 million in 2000, excluding an after-tax gain in the first six months of 2000 of $63.8 million on the sale of a portion of the Company’s ownership position in Razorfish. Diluted earnings per share increased 16% to $1.32 per share in 2001 from $1.14 per share in 2000, excluding the Razorfish gain. Including the Razorfish gain the six months net income was $270.9 million and diluted earnings per share was $1.48.
Included in net income for the six months is a reduction of $2.9 million ($0.02 per diluted share) resulting from the cumulative effect of adopting, on January 1, 2001, Financial Accounting Standards Board Statement No. 133, Accounting for Derivatives and Hedging Activities.
Worldwide revenue for the six months ended June 30, 2001 increased 15% to $3,347.9 million in 2001 from $2,899.3 million in 2000. Domestic revenue for the six months ended June 30, 2001 increased 20% to $1,821.9 million compared to $1,522.7 million in 2000. International revenue for the six months ended June 30, 2001 increased 11% to $1,526.0 million compared to $1,376.6 million in 2000.
