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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2015
Geographic Information
Disclosed in the table below is geographic information for each country that comprised greater than three percent of our total revenues for any of
fiscal 2015, 2014 or 2013.
Basic earnings per share is computed by dividing net income for the period by the weighted average number of common shares outstanding
during the period. Diluted earnings per share is computed by dividing net income for the period by the weighted average number of common
shares outstanding during the period, plus the dilutive effect of outstanding stock options, restricted stock-based awards and shares issuable
under the employee stock purchase plan using the treasury stock method. The following table sets forth the computation of basic and diluted
earnings per share:
Hewlett-Packard Company Litigation
On June 15, 2011, Hewlett-Packard Company (“HP”) filed a complaint in the California Superior Court, County of Santa Clara against Oracle
Corporation alleging numerous causes of action including breach of contract,
134
As of and for the Year Ended May 31,
2015
2014
2013
(in millions)
Revenues
Long Lived
Assets
Revenues
Long Lived
Assets
Revenues
Long Lived
Assets
United States
$
17,325
$
3,341
$
16,809
$
2,993
$
16,003
$
2,921
United Kingdom
2,388
309
2,309
236
2,165
203
Germany
1,466
33
1,483
35
1,308
44
Japan
1,433
338
1,558
414
1,770
428
Canada
1,286
58
1,190
31
1,232
34
France
1,044
33
1,148
28
1,054
17
Other countries
13,284
1,007
13,778
879
13,648
868
Total
$
38,226
$
5,119
$
38,275
$
4,616
$
37,180
$
4,515
Long
-
lived assets exclude goodwill, intangible assets, equity investments and deferred taxes, which are not allocated to specific geographic locations as it is impracticable to do so.
17. EARNINGS PER SHARE
Year Ended May 31,
(in millions, except per share data)
2015
2014
2013
Net income
$
9,938
$
10,955
$
10,925
Weighted average common shares outstanding
4,404
4,528
4,769
Dilutive effect of employee stock plans
99
76
75
Dilutive weighted average common shares outstanding
4,503
4,604
4,844
Basic earnings per share
$
2.26
$
2.42
$
2.29
Diluted earnings per share
$
2.21
$
2.38
$
2.26
Shares subject to anti-dilutive stock options and restricted stock-based awards excluded from
calculation
37
76
208
These weighted shares relate to anti-dilutive stock options and restricted stock-
based awards as calculated using the treasury stock method and could be dilutive in the future. See Note 14
for information regarding the exercise prices of our outstanding, unexercised options.
18.
LEGAL PROCEEDINGS
(1) (1) (1)
(1)
(1)
(1)