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      "text": "Net revenue, gross profit and operating cash flow are presented on a GAAP basis.\nNet bookings is an operating metric that EA defines as the net amount of products and services sold digitally or sold-in physically in the period. Net bookings is calculated by adding total net revenue to the change in deferred net revenue for online-enabled games.\nA calculation of net bookings can be found in the “Net Bookings” tab of the Financial Model provided on our IR website.\nDuring Q1 FY22, EA completed the acquisitions of Glu Mobile Inc and Metalhead Software and entered into an agreement to acquire Playdemic, Ltd. EA’s financial expectations for FY22 include estimates of the impact of the Glu Mobile and Metalhead acquisitions on consolidated results, but do not include the impact of the Playdemic acquisition, which is expected to close later in the fiscal year. GAAP and operating cash flow estimates could be materially impacted as we integrate these recent acquisitions.\nForward-looking statements are valid as of August 4, 2021 only. Electronic Arts assumes no obligation to update these forward-looking statements, except required by law.",
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