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47
46
accounting policies. We do not identify or allocate our assets by operating segments. As such,
segment asset information is not disclosed.
The following results are broken out by operating segments for the fiscal years 2000,
1999, and 1998:
OEM
WEB CROSS-MEDIA ePAPER POSTSCRIPT
PUBLISHING PUBLISHING SOLUTIONS AND OTHER TOTAL
Fiscal 2000
Revenue $ 536,614 $ 390,497 $ 207,780 $ 131,487 $ 1,266,378
Direct costs 35,903 28,470 12,828 10,054 87,255
Gross profit 500,711 362,027 194,952 121,433 1,179,123
93% 93% 94% 92% 93%
Fiscal 1999
Revenue $ 394,073 $ 353,863 $ 129,333 $ 138,165 $ 1,015,434
Direct costs 33,505 33,792 14,533 12,710 94,540
Gross profit 360,568 320,071 114,800 125,455 920,894
91% 90% 89% 91% 91%
Fiscal 1998
Revenue $ 354,245 $ 272,200 $ 57,954 $ 210,392 $ 894,791
Direct costs 42,110 23,431 6,524 28,969 101,034
Gross profit 312,135 248,769 51,430 181,423 793,757
88% 91% 89% 86% 89%
A reconciliation of the totals reported for the operating segments to the applicable line
items in the consolidated financial statements for the fiscal years 2000, 1999, and 1998 is
as follows:
DECEMBER 1 DECEMBER 3 NOVEMBER 27
YEARS ENDED 2000 1999 1998
Total gross profit
from operating
segments above $ 1,179,123 $ 920,894 $ 793,757
Total operating
expenses(a)
771,040 661,041 668,410
Total operating income 408,083 259,853 125,347
Other income 35,656 114,574 42,347
Income before taxes $ 443,739 $ 374,427 $ 167,694
(a) Total operating expenses include research and development, sales and marketing, general and administrative, restructuring
and other, amortization of goodwill and purchased intangibles, and acquired in-process research and development expenses.
We categorize our geographic information into three major market regions: the Americas,
EMEA, and Asia. The Americas region includes the U.S., Canada, Latin America, and
Central America. The Asia region includes Japan and the Asian Pacific countries.