Computer Associates 2009 Annual Report Download - page 31

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ITEM 6. SELECTED FINANCIAL DATA.
The information set forth below should be read in conjunction with the “Results of Operations” section included in
Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
Statement of Operations Data
(IN MILLIONS, EXCEPT PER SHARE AMOUNTS) 2009 2008 2007 2006 2005
YEAR ENDED MARCH 31,
Revenue $ 4,271 $ 4,277 $ 3,943 $ 3,772 $ 3,583
Income from continuing operations
1
694 500 121 160 27
Basic income from continuing operations per share 1.35 0.97 0.22 0.28 0.05
Diluted income from continuing operations per share 1.29 0.93 0.22 0.27 0.05
Dividends declared per common share 0.16 0.16 0.16 0.16 0.08
Balance Sheet and Other Data
(IN MILLIONS) 2009 2008 2007 2006 2005
MARCH 31,
Cash provided by continuing operating activities $ 1,212 $ 1,103 $ 1,068 $ 1,380 $ 1,527
Working capital surplus (deficit) 102 190 (51) (462) 199
Working capital, excluding deferred revenue
2
2,533 2,854 2,332 1,694 2,243
Total assets 11,252 11,756 11,517 11,118 11,726
Long-term debt (less current maturities) 1,287 2,221 2,572 1,813 1,810
Stockholders’ equity 4,344 3,709 3,654 4,718 5,034
1 In fiscal 2009, 2008 and 2007 we incurred after-tax charges of $64 million, $74 million and $124 million, respectively, for restructuring and other costs. In fiscal 2007, we also incurred
after-tax charges of $6 million for write-offs of in-process research and development costs due to acquisitions.
In fiscal 2006, we incurred after-tax charges of $54 million for restructuring and other costs and an after-tax benefit of $5 million relating to the gain on the divestiture of assets that were
contributed during the formation of Ingres Corp. We also incurred an after-tax charge of $18 million for write-offs of in-process research and development costs due to acquisitions.
In fiscal 2005, we incurred after-tax charges of $144 million related to shareholder litigation and government investigation settlements, a tax expense charge of $55 million related to the
planned repatriation of $500 million in cash under the American Jobs Creation Act of 2004, and after-tax charges of $17 million for severance and other expenses in connection with a
restructuring plan.
2 Deferred revenue includes all amounts billed or collected in advance of revenue recognition from all sources including subscription license agreements, maintenance, and professional
services. It does not include unearned revenue on future installments not yet billed as of the respective balance sheet dates.
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