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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2008
and general and administrative expenses incurred in support of the lines of business. Additionally, the margins do not reflect the
amortization of intangible assets, restructuring costs, acquisition related and other expenses or stock-based compensation.
The following table reconciles operating segment revenues to total revenues as well as operating segment
margin to income before provision for income taxes:
Year Ended May 31,
(in millions) 2008 2007 2006
Total revenues for reportable segments $ 22,609 $ 18,208 $ 14,771
Software license updates and product support revenues(1) (179) (212) (391)
Total revenues $ 22,430 $ 17,996 $ 14,380
Total margin for reportable segments $ 13,839 $ 10,909 $ 9,066
Software license updates and product support revenues(1) (179) (212) (391)
Product development and information technology expenses (3,012) (2,460) (2,160)
Marketing and partner program expenses (460) (424) (447)
Corporate and general and administrative expenses (677) (575) (473)
Amortization of intangible assets (1,212) (878) (583)
Acquisition related and other (124) (140) (137)
Restructuring (41) (19) (85)
Stock-based compensation (257) (198) (31)
Interest expense (394) (343) (169)
Non-operating income, net 351 326 220
Income before provision for income taxes $ 7,834 $ 5,986 $ 4,810
(1) Software license updates and product support revenues for management reporting include $179 million, $212 million
and $391 million of revenues that we did not recognize in our accompanying consolidated statements of operations
for fiscal 2008, 2007 and 2006, respectively. See Note 8 for an explanation of these adjustments and this table for a
reconciliation of operating segment revenues to total revenues.
107
Source: ORACLE CORP, 10-K, July 02, 2008 Powered by Morningstar® Document Research℠