Computer Associates 1997 Annual Report Download - page 22

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Consolidated Statements of Operations
Year Ended March 31,
1997 1996 1995
(In millions, except per share amounts)
Product revenue and other related income $3,300 $2,776 $1,903
Maintenance fees 740 729 720
Total Revenue 4,040 3,505 2,623
Costs and Expenses:
Selling, marketing and administrative 1,465 1,368 1,051
Product development and enhancements 318 285 233
Commissions and royalties 201 174 127
Depreciation and amortization 424 404 258
Interest expense, net 102 71 8
Purchased research and development 598 1,303 249
Total Costs and Expenses 3,108 3,605 1,926
Income (loss) before income taxes 932 (100) 697
Income taxes (benefit) 566 (44) 265
Net Income (Loss) $ 366 $ (56) $ 432
Net Income (Loss) Per Common Share $ .97 $ (.16) $ 1.14
Weighted average common shares used in computation 379* 362* 378*
*Share amounts adjusted for three-for-two stock splits effective August 21, 1995 and June 19, 1996.
See Notes to Consolidated Financial Statements.
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