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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2015
Unaudited Pro Forma Financial Information
The unaudited pro forma financial information in the table below summarizes the combined results of operations for Oracle, MICROS,
Responsys, and certain other companies that we acquired since the beginning of fiscal 2014 (which were considered relevant for the purposes of
unaudited pro forma financial information disclosure) as though the companies were combined as of the beginning of fiscal 2014. The unaudited
pro forma financial information for all periods presented also included the business combination accounting effects resulting from these
acquisitions, including our amortization charges from acquired intangible assets (certain of which are preliminary), stock-based compensation
charges for unvested stock options and restricted stock-based awards assumed, if any, and the related tax effects as though the aforementioned
companies were combined as of the beginning of fiscal 2014. The unaudited pro forma financial information as presented below is for
informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisitions had
taken place at the beginning of fiscal 2014.
The unaudited pro forma financial information for fiscal 2015 combined the historical results of Oracle for fiscal 2015, the historical results of
MICROS for the six months ended June 30, 2014 (adjusted due to differences in reporting periods and considering the date we acquired
MICROS), the historical results of certain other companies that we acquired since the beginning of fiscal 2015 based upon their respective
previous reporting periods and the dates these companies were acquired by us, and the effects of the pro forma adjustments listed above.
The unaudited pro forma financial information for fiscal 2014 combined the historical results of Oracle for fiscal 2014, the historical results of
MICROS for the year ended June 30, 2014 (due to differences in reporting periods), the historical results of Responsys for the nine months
ended September 30, 2013 (adjusted due to differences in reporting periods and considering the date we acquired Responsys), the historical
results of certain other companies that we acquired since the beginning of fiscal 2014 based upon their respective previous reporting periods and
the dates these companies were acquired by us, and the effects of the pro forma adjustments listed above. The unaudited pro forma financial
information was as follows for fiscal 2015 and 2014:
Cash and cash equivalents primarily consist of deposits held at major banks, Tier-1 commercial paper and other securities with original
maturities of 90 days or less. Marketable securities primarily consist of time deposits held at major banks, Tier-1 commercial paper, corporate
notes and certain other securities.
107
Year Ended May 31,
(in millions, except per share data)
2015
2014
Total revenues
$
38,700
$
40,007
Net income
$
9,877
$
10,770
Basic earnings per share
$
2.24
$
2.38
Diluted earnings per share
$
2.19
$
2.34
3.
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES