Adobe 2002 Annual Report Download - page 138

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107
The following results are broken out by our old operating segments for fiscal years 2002, 2001, and 2000:
Graphics
Cross-media
Publishing
ePaper
Solutions
OEM
PostScript
and Other Total
Fiscal 2002
Revenue................................................. $ 503,00
0
$ 260,197 $ 312,544 $ 89,04
7
$ 1,164,788
Cost of revenue ..................................... 36,678 37,155 24,683 5,772 104,288
Gross profit ........................................... $ 466,32
2
$ 223,042 $ 287,861 $ 83,27
5
$ 1,060,500
Gross margin......................................... 93% 86% 92% 94% 91%
Fiscal 2001
Revenue................................................. $ 543,41
9
$ 289,624 $ 291,886 $ 104,791 $ 1,229,720
Cost of revenue ..................................... 33,366 27,024 15,835 5,226 81,451
Gross profit ........................................... $ 510,053 $ 262,600 $ 276,051 $ 99,56
5
$ 1,148,269
Gross margin......................................... 94% 91% 95% 95% 93%
Fiscal 2000
Revenue................................................. $ 602,101 $ 325,162 $ 207,628 $ 131,48
7
$ 1,266,378
Cost of revenue ..................................... 36,400 29,539 12,445 8,871 87,255
Gross profit ........................................... $ 565,701 $ 295,623 $ 195,183 $ 122,61
6
$ 1,179,123
Gross margin......................................... 94% 91% 94% 93% 93%
A reconciliation of the totals reported for the operating segments to the applicable line items in the consolidated
financial statements for the fiscal years 2002, 2001, and 2000 is as follows:
Years Ended
November 29, 2002 November 30, 2001 December 1, 2000
Total gross profit from operating segments above .................. $ 1,060,50
0
$ 1,148,26
9
$ 1,179,123
Total operating expenses (a) ................................................... 773,473 769,812 771,040
Total operating income............................................................ 287,027 378,457 408,083
Nonoperating income (loss)..................................................... (2,338) (71,526) 35,656
Income before taxes................................................................. $ 284,68
9
$ 306,931 $ 443,739
______________
(a) Total operating expenses include research and development, sales and marketing, general and administrative, restructuring
and other charges, amortization and impairment of goodwill and purchased intangibles, and acquired in-process research
and development expenses.