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8-K - 8-K - SOTHEBYSa8-k_bidxearningsrelease33.htm
EX-99.1 - EXHIBIT - SOTHEBYSexhibit991-earningsrelease.htm
Exhibit 99.2

SOTHEBY’S
AGENCY DIRECT COSTS
(UNAUDITED)
(Thousands of dollars)

Quarter ended
 
March 31,
2013
 
June 30,
2013
 
September 30,
2013
 
December 31,
2013
 
Year-To-Date Total
Auction direct costs:
 
 
 
 
 
 
 
 
 
 
Sale marketing
 
$
4,002

 
$
13,969

 
$
1,339

 
$
15,360

 
$
34,670

Shipping
 
1,943

 
4,616

 
1,569

 
4,784

 
12,912

Sale venue
 
677

 
5,894

 
658

 
7,303

 
14,532

Other
 
1,105

 
5,262

 
1,410

 
7,187

 
14,964

Total auction direct costs
 
7,727

 
29,741

 
4,976

 
34,634

 
77,078

Private sale expenses
 
722

 
1,519

 
2,303

 
2,972

 
7,516

Total agency direct costs
 
$
8,449

 
$
31,260

 
$
7,279

 
$
37,606

 
$
84,594

 
 
 
 
 
 
 
 
 
 
 
Quarter ended
 
March 31,
2012
 
June 30,
2012
 
September 30,
2012
 
December 31,
2012
 
Year-To-Date Total
Auction direct costs:
 
 
 
 
 
 
 
 
 
 
Sale marketing
 
$
2,945

 
$
11,560

 
$
1,477

 
$
11,682

 
$
27,664

Shipping
 
1,672

 
4,210

 
1,388

 
3,546

 
10,816

Sale venue
 
672

 
4,631

 
365

 
5,134

 
10,802

Other
 
869

 
4,921

 
693

 
4,961

 
11,444

Total auction direct costs
 
6,158

 
25,322

 
3,923

 
25,323

 
60,726

Private sale expenses
 
1,233

 
1,986

 
302

 
1,418

 
4,939

Total agency direct costs
 
$
7,391

 
$
27,308

 
$
4,225

 
$
26,741

 
$
65,665