Salesforce.com 2015 Annual Report Download - page 39

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ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data should be read in conjunction with our audited
consolidated financial statements and related notes thereto and with Management’s Discussion and Analysis of
Financial Condition and Results of Operations, which are included elsewhere in this Form 10-K. The
consolidated statement of operations data for fiscal 2015, 2014 and 2013, and the selected consolidated balance
sheet data as of January 31, 2015 and 2014 are derived from, and are qualified by reference to, the audited
consolidated financial statements and are included in this Form 10-K. The consolidated statement of operations
data for fiscal 2012 and 2011 and the consolidated balance sheet data as of January 31, 2013, 2012 and 2011 are
derived from audited consolidated financial statements which are not included in this Form 10-K.
Fiscal Year Ended January 31,
(in thousands, except per share data) 2015 2014 2013 2012 2011
Consolidated Statement of Operations
Revenues:
Subscription and support .............. $5,013,764 $3,824,542 $2,868,808 $2,126,234 $1,551,145
Professional services and other ......... 359,822 246,461 181,387 140,305 105,994
Total revenues .................. 5,373,586 4,071,003 3,050,195 2,266,539 1,657,139
Cost of revenues (1)(2):
Subscription and support .............. 924,638 711,880 494,187 360,758 208,243
Professional services and other ......... 364,632 256,548 189,392 128,128 115,570
Total cost of revenues ............ 1,289,270 968,428 683,579 488,886 323,813
Gross profit ............................ 4,084,316 3,102,575 2,366,616 1,777,653 1,333,326
Operating expenses (1)(2):
Research and development ............ 792,917 623,798 429,479 295,347 187,887
Marketing and sales .................. 2,757,096 2,168,132 1,614,026 1,169,610 792,029
General and administrative ............ 679,936 596,719 433,821 347,781 255,913
Total operating expenses .......... 4,229,949 3,388,649 2,477,326 1,812,738 1,235,829
Income (loss) from operations ............. (145,633) (286,074) (110,710) (35,085) 97,497
Investment income ...................... 10,038 10,218 19,562 23,268 37,735
Interest expense ......................... (73,237) (77,211) (30,948) (17,045) (24,909)
Gain on sales of land and building
improvements ........................ 15,6250000
Other expense .......................... (19,878) (4,868) (5,698) (4,455) (6,025)
Income (loss) before benefit from (provision
for) income taxes and noncontrolling
interest .............................. (213,085) (357,935) (127,794) (33,317) 104,298
Benefit from (provision for) income taxes .... (49,603) 125,760 (142,651) 21,745 (34,601)
Consolidated net income (loss) ............. (262,688) (232,175) (270,445) (11,572) 69,697
Less: net income attributable to noncontrolling
interest ..............................0000(5,223)
Net income (loss) attributable to
salesforce.com ........................ $ (262,688) $ (232,175) $ (270,445) $ (11,572) $ 64,474
Net earnings per share-basic and diluted (3):
Basic net income (loss) per share
attributable to salesforce.com common
shareholders ...................... $ (0.42) $ (0.39) $ (0.48) $ (0.02) $ 0.12
Diluted net income (loss) per share
attributable to salesforce.com common
shareholders ...................... $ (0.42) $ (0.39) $ (0.48) $ (0.02) $ 0.12
Shares used in computing basic net
income (loss) per share ............. 624,148 597,613 564,896 541,208 520,888
Shares used in computing diluted net
income (loss) per share ............. 624,148 597,613 564,896 541,208 546,392
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