Adobe 2007 Annual Report Download - page 45

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45
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data (presented in thousands, except per share amounts and employee
data) is derived from our consolidated financial statements. This data should be read in conjunction with the consolidated
financial statements and notes thereto, and with Item 7, Management’s Discussion and Analysis of Financial Condition and
Results of Operations. All per share amounts referred to in the table below have been adjusted to reflect the two-for-one
stock split in the form of stock dividends effected May 23, 2005.
Fiscal Years
2007 2006 2005 2004 2003
Operations:
Revenue........................ $ 3,157,881 $ 2,575,300 $ 1,966,321 $ 1,666,581 $ 1,294,749
Gross profit ..................... 2,803,187 2,282,843 1,853,743 1,562,203 1,201,727
Income before income taxes........ 947,190 679,727 765,776 608,645 380,492
Net income(*) .................... 723,807 505,809 602,839 450,398 266,344
Net income per share(*)
Basic......................... 1.24 0.85 1.23 0.94 0.57
Diluted....................... 1.21 0.83 1.19 0.91 0.55
Cash dividends declared per common
share......................... — — 0.00625 0.025 0.025
Financial position:
Cash, cash equivalents and short-term
investments ................... 1,993,854 2,280,879 1,700,834 1,313,221 1,096,533
Working capital.................. 1,720,567 2,207,122 1,528,183 1,107,142 892,498
Total assets...................... 5,713,679 5,962,548 2,440,315 1,958,632 1,555,045
Stockholders’ equity.............. 4,649,982 5,151,876 1,864,326 1,423,477 1,100,800
Additional data:
Worldwide employees............. 6,794 6,068 4,285 3,848 3,515
* In fiscal 2007 and fiscal 2006, net income and net income per share includes the impact of SFAS 123R
stock-based compensation charges as well as the integration of Macromedia into our operations in fiscal
2006, neither of which were present in fiscal years 2005 and prior. See Notes 2 and 11 of our Notes to
Consolidated Financial Statements for information regarding our Macromedia acquisition and stock-
based compensation.