Yahoo! reported the following in its 2008 financial statements (in thousands):
Dec 31, 2007 Dec 31, 2008
Total assets $12,229,741 $13,689,848
Revenues 6,969,274 7,208,502
Product Development
expense 1,084,238 1,221,787
Net Income 660,000 424,298
What is Yahoo's common-size product development expense for 2008?