Citrix 2013 Annual Report Download - page 34

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30
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data is derived from our 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.
Year Ended December 31,
2013 2012 2011 2010 2009
(In thousands, except per share data)
Consolidated Statements of Income Data:
Net revenues $ 2,918,434 $ 2,586,123 $ 2,206,392 $ 1,874,662 $ 1,614,088
Cost of net revenues(a) 502,795 404,137 293,599 232,266 195,197
Gross margin 2,415,639 2,181,986 1,912,793 1,642,396 1,418,891
Operating expenses 2,034,922 1,791,208 1,495,827 1,321,680 1,240,214
Income from operations 380,717 390,778 416,966 320,716 178,677
Interest income 8,194 10,152 13,819 14,577 14,683
Other (expense) income, net (1,021) 9,299 (288)(1,473) 532
Income before income taxes 387,890 410,229 430,497 333,820 193,892
Income taxes 48,367 57,682 74,867 57,379 2,875
Consolidated net income 339,523 352,547 355,630 276,441 191,017
Less: Net loss attributable to non-controlling
interest — — 692 624 —
Net income attributable to Citrix Systems, Inc. $ 339,523 $ 352,547 $ 356,322 $ 277,065 $ 191,017
Net income per share attributable to Citrix
Systems, Inc. stockholders - diluted $ 1.80 $ 1.86 $ 1.87 $ 1.46 $ 1.03
Weighted average shares outstanding - diluted 188,245 189,129 190,641 190,335 184,985
December 31,
2013 2012 2011 2010 2009
(In thousands)
Consolidated Balance Sheet Data:
Total assets $ 5,212,249 $ 4,796,402 $ 4,099,541 $ 3,703,600 $ 3,091,147
Total equity 3,319,807 3,121,777 2,730,490 2,560,588 2,188,507
(a) Cost of net revenues includes amortization of product related intangible assets of $97.9 million, $80.0 million, $54.7 million, $50.5
million, and $47.9 million in 2013, 2012, 2011, 2010 and 2009, respectively.