Salesforce.com 2013 Annual Report Download - page 66

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salesforce.com, inc.
Consolidated Statements of Operations
(in thousands, except per share data)
Fiscal Year Ended January 31,
2013 2012 2011
Revenues:
Subscription and support ........................................... $2,868,808 $2,126,234 $1,551,145
Professional services and other ...................................... 181,387 140,305 105,994
Total revenues ............................................... 3,050,195 2,266,539 1,657,139
Cost of revenues (1)(2):
Subscription and support ........................................... 494,187 360,758 208,243
Professional services and other ...................................... 189,392 128,128 115,570
Total cost of revenues ......................................... 683,579 488,886 323,813
Gross profit .......................................................... 2,366,616 1,777,653 1,333,326
Operating expenses (1)(2):
Research and development .......................................... 429,479 295,347 187,887
Marketing and sales ............................................... 1,614,026 1,169,610 792,029
General and administrative .......................................... 433,821 347,781 255,913
Total operating expenses ....................................... 2,477,326 1,812,738 1,235,829
Income (loss) from operations ........................................... (110,710) (35,085) 97,497
Investment income .................................................... 19,562 23,268 37,735
Interest expense ...................................................... (30,948) (17,045) (24,909)
Other expense ........................................................ (5,698) (4,455) (6,025)
Income (loss) before benefit from (provision for) income taxes ................. (127,794) (33,317) 104,298
Benefit from (provision for) income taxes ................................. (142,651) 21,745 (34,601)
Consolidated net income (loss) .......................................... (270,445) (11,572) 69,697
Less: Net income attributable to noncontrolling interest ....................... 0 0 (5,223)
Net income (loss) attributable to salesforce.com ............................. $ (270,445) $ (11,572) $ 64,474
Earnings per share-basic and diluted:
Basic net income (loss) per share attributable to salesforce.com common
shareholders ....................................................... $ (1.92) $ (0.09) $ 0.50
Diluted net income (loss) per share attributable to salesforce.com common
shareholders ....................................................... $ (1.92) $ (0.09) $ 0.47
Shares used in computing basic net income (loss) per share .................... 141,224 135,302 130,222
Shares used in computing diluted net income (loss) per share .................. 141,224 135,302 136,598
(1) Amounts include amortization of purchased intangibles from business combinations, as follows:
Fiscal Year Ended January 31,
2013 2012 2011
Cost of revenues ............................................. $ 77,249 $ 60,069 $15,459
Marketing and sales .......................................... 10,922 7,250 4,209
(2) Amounts include stock-based expenses, as follows:
Fiscal Year Ended January 31,
2013 2012 2011
Cost of revenues ............................................. $ 33,757 $ 17,451 $12,158
Research and development ..................................... 76,333 45,894 18,897
Marketing and sales .......................................... 199,284 115,730 56,451
General and administrative ..................................... 69,976 50,183 32,923
See accompanying Notes.
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