Citrix 2013 Annual Report Download - page 31

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27
There can be no assurance, however, that the outcomes from these continuous examinations will not have an adverse effect on
our operating results and financial condition. Additionally, due to the evolving nature of tax rules combined with the large
number of jurisdictions in which we operate, it is possible that our estimates of our tax liability and the realizability of our
deferred tax assets could change in the future, which may result in additional tax liabilities and adversely affect our results of
operations, financial condition and cash flows.
Our results of operations, financial condition and cash flows could be further affected by lapses in or expiration of the
availability of tax credits, including the federal research and development tax credit. This tax credit expired on December 31,
2013, and may not be renewed or extended, or if renewed or extended, may be renewed or extended on terms significantly less
favorable to us or on terms resulting in our disqualification from the benefits of the tax credit.
Our stock price could be volatile, particularly during times of economic uncertainty and volatility in domestic and
international stock markets, and you could lose the value of your investment.
Our stock price has been volatile and has fluctuated significantly in the past. The trading price of our stock is likely to
continue to be volatile and subject to fluctuations in the future. Your investment in our stock could lose some or all of its value.
Some of the factors that could significantly affect the market price of our stock include:
• actual or anticipated variations in operating and financial results; analyst reports or recommendations;
• rumors, announcements, or press articles regarding our or our competitors' operations, management, organization,
financial condition, or financial statements; and
• other events or factors, many of which are beyond our control.
The stock market in general, The NASDAQ Global Select Market, and the market for software companies and
technology companies in particular, have experienced extreme price and volume fluctuations. These fluctuations have often
been unrelated or disproportionate to operating performance. These fluctuations may continue in the future and this could
materially and adversely affect the market price of our stock, regardless of operating performance.
Changes or modifications in financial accounting standards may have a material adverse impact on our reported results of
operations or financial condition.
A change or modification in accounting policies can have a significant effect on our reported results and may even
affect our reporting of transactions completed before the change is effective. New pronouncements and varying interpretations
of existing pronouncements have occurred with frequency and may occur in the future. Changes to existing rules, or changes to
the interpretations of existing rules, could lead to changes in our accounting practices, and such changes could materially
adversely affect our reported financial results or the way we conduct our business.