Salesforce.com 2016 Annual Report Download - page 115
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Common Stock
The following number of shares of common stock were reserved and available for future issuance at
January 31, 2016:
Options outstanding .............................. 26,258,798
Restricted stock awards and units and performance stock
units outstanding .............................. 21,294,585
Stock available for future grant:
2013 Equity Incentive Plan .................... 46,233,360
2014 Inducement Equity Incentive Plan .......... 646,548
2004 Employee Stock Purchase Plan ............ 6,844,796
Convertible senior notes .......................... 17,308,880
Warrants ...................................... 17,308,880
135,895,847
During fiscal years 2016, 2015 and 2014, certain board members received stock grants totaling 67,041
shares of common stock, 83,127 shares of common stock and 108,800 shares of common stock, respectively for
board services pursuant to the terms described in the 2013 Plan and previously, the 2004 Outside Directors Stock
Plan. The expense related to these awards, which was expensed immediately at the time of the issuance, totaled
$4.8 million, $5.0 million and $4.5 million for fiscal 2016, 2015 and 2014, respectively.
Preferred Stock
The Company’s board of directors has the authority, without further action by stockholders, to issue up to
5,000,000 shares of preferred stock in one or more series. The Company’s board of directors may designate the
rights, preferences, privileges and restrictions of the preferred stock, including dividend rights, conversion rights,
voting rights, terms of redemption, liquidation preference, sinking fund terms, and number of shares constituting
any series or the designation of any series. The issuance of preferred stock could have the effect of restricting
dividends on the Company’s common stock, diluting the voting power of its common stock, impairing the
liquidation rights of its common stock, or delaying or preventing a change in control. The ability to issue
preferred stock could delay or impede a change in control. As of January 31, 2016 and 2015, no shares of
preferred stock were outstanding.
8. Income Taxes
Effective Tax Rate
The domestic and foreign components of income (loss) before provision for (benefit from) income taxes
consisted of the following (in thousands):
Fiscal Year Ended January 31,
2016 2015 2014
Domestic .................................. $(49,558) $(211,253) $(326,392)
Foreign .................................... 113,837 (1,832) (31,543)
$ 64,279 $(213,085) $(357,935)
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