Adobe 1999 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 1999 Adobe annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 90

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90

ADOBE SYSTEMS INCORPORATED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)
(Continued)
78
NOTE 16. INDUSTRY SEGMENT AND GEOGRAPHIC INFORMATION
The Company adopted SFAS 131, ‘‘Disclosures about Segments of an Enterprise and Related
Information’’ in fiscal 1999. SFAS 131 establishes standards for the manner in which public companies
report information about operating segments and related disclosures about products, geographic informa-
tion, and significant customers. The method for determining what information to report is based on the
way executive management organizes the operating segments within the Company for making operating
decisions and assessing performance.
The Company has four reportable segments that offer different product lines. These segments are
Web Publishing, Print Publishing, ePaper Solutions, and OEM PostScript and Other. The Web Publishing
segment provides software to create Web sites with graphics, images, videos, and animations. The Print
Publishing segment provides software for professional page layout, illustration, business publishing, and
printing. The ePaper Solutions segment allows users to convert information to Adobe Portable Document
Format (‘‘PDF’’) with the original appearance preserved and allows for the distribution of documents via
the Web, intranets, e-mail, or CD-ROM for viewing and printing on any system. The OEM PostScript and
Other segment includes printing technology to create and print simple or visually rich documents with
precision. This segment also includes revenue from divested businesses.
The accounting policies of the operating segments are the same as those described in the summary of
significant accounting policies. The Company evaluates performance based on the contribution margin for
each segment. The Company does not identify or allocate its assets by operating segments. As such,
segment asset information is not disclosed.