Computer Associates 2009 Annual Report Download - page 70

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CA, Inc. and Subsidiaries
Consolidated Statements of Operations
(IN MILLIONS, EXCEPT PER SHARE AMOUNTS) 2009 2008 2007
YEAR ENDED MARCH 31,
Revenue:
Subscription and maintenance revenue $ 3,772 $ 3,762 $ 3,458
Professional services 358 383 351
Software fees and other 141 132 134
Total Revenue 4,271 4,277 3,943
Expenses:
Costs of licensing and maintenance 298 272 250
Cost of professional services 307 368 333
Amortization of capitalized software costs 125 117 354
Selling and marketing 1,214 1,327 1,340
General and administrative 464 530 549
Product development and enhancements 486 526 557
Depreciation and amortization of other intangible assets 149 156 148
Other (gains) expenses, net (1) 6 (13)
Restructuring and other 102 121 201
Charge for in-process research and development costs ——10
Total Expenses before Interest and Income Taxes 3,144 3,423 3,729
Income from continuing operations before interest and income taxes 1,127 854 214
Interest expense, net 25 46 60
Income from continuing operations before income taxes 1,102 808 154
Income tax expense 408 308 33
Income from Continuing Operations 694 500 121
Loss from discontinued operations, inclusive of realized losses on sale, net of income taxes —— (3)
Net Income $ 694 $ 500 $ 118
Basic Income Per Share
Income from continuing operations $ 1.35 $ 0.97 $ 0.22
Loss from discontinued operations ———
Net income $ 1.35 $ 0.97 $ 0.22
Basic weighted average shares used in computation 513 514 544
Diluted Income Per Share
Income from continuing operations $ 1.29 $ 0.93 $ 0.22
Loss from discontinued operations ———
Net income $ 1.29 $ 0.93 $ 0.22
Diluted weighted average shares used in computation 540 541 569
See accompanying Notes to the Consolidated Financial Statements.
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