Adobe 2001 Annual Report Download - page 22

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Item 6. Selected Financial Data
The following selected consolidated financial data (presented in thousands, except per share amounts and
employee data) are derived from Adobe’s consolidated financial statements. This data should be read in
conjunction with the consolidated financial statements and notes thereto, and with Item 7, Management’s
Discussion and Analysis of Financial Condition and Results of Operations.
Years Ended
Nov. 30, Dec. 1, Dec. 3, Nov. 27, Nov. 28,
2001 2000 1999 1998 1997
Operations:
Revenue ....................... $1,229,720 $1,266,378 $1,015,434 $894,791 $911,894
Income before income taxes ......... 306,931 443,739 374,427 167,694 296,090
Net income(1) ................... 205,644 287,808 237,751 105,144 186,837
Net income per share(1)
Basic ........................ 0.86 1.21 0.98 0.40 0.65
Diluted ...................... 0.83 1.13 0.92 0.39 0.63
Cash dividends declared per common
share ........................ 0.05 0.05 0.05 0.05 0.05
Financial position:
Cash and short-term investments ..... 581,613 679,853 498,716 272,547 502,956
Working capital .................. 453,713 563,307 355,386 204,979 454,299
Total assets ..................... 930,623 1,069,416 803,859 767,331 940,071
Stockholders’ equity .............. 616,972 752,544 512,209 516,365 715,424
Additional data:
Worldwide employees ............. 3,043 2,947 2,745 2,664 2,654
All share and per share amounts referred to in the above table have been adjusted to reflect the two-for-one stock splits in the
form of stock dividends effected October 24, 2000 and October 26, 1999.
(1) In 2001, includes investment loss of $93.4 million, restructuring and other charges of $12.1 million,
and amortization of goodwill and purchased intangibles of $14.3 million. In 2000, includes investment
gains of $14.3 million, one-time gains from the sale of assets of $2.7 million, restructuring and other
charges of $5.6 million, in-process research and development of $0.5 million, and amortization of
goodwill and purchased intangibles of $7.0 million. In 1999, includes investment gains of $88.9 million,
one-time gains from the sale of assets of $5.7 million, restructuring and other charges of $23.0 million,
acquired in-process research and development of $3.6 million, and amortization of goodwill and
purchased intangibles of $4.8 million. In 1998, includes investment gains of $15.0 million, restructuring
and other charges of $38.2 million, and amortization of goodwill and purchased intangibles of
$7.7 million. In 1997, includes investment gains of $34.3 million, other nonrecurring gains of
$0.6 million, acquired in-process research and development of $6.0 million, and amortization of
goodwill and purchased intangibles of $2.6 million.
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