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46
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.
Fiscal Years
2008
2007
2006
2005
2004
Operations:
Revenue ........................
$
3,579,889
$
3,157,881
$
2,575,300
$
1,966,321
$
1,666,581
Gross profit .....................
3,217,259
2,803,187
2,282,843
1,853,743
1,562,203
Income before income taxes ........
1,078,508
947,190
679,727
765,776
608,645
Net income(1) ....................
871,814
723,807
505,809
602,839
450,398
Net income per share(1), (2)
Basic ........................
1.62
1.24
0.85
1.23
0.94
Diluted .......................
1.59
1.21
0.83
1.19
0.91
Cash dividends declared per common
share .........................
—
—
—
0.00625
0.025
Financial position:
(3)
Cash, cash equivalents and short-term
investments ...................
2,019,202
1,993,854
2,280,879
1,700,834
1,313,221
Working capital ..................
1,972,504
1,720,441
2,208,688
1,528,915
1,107,458
Total assets .....................
5,821,598
5,713,679
5,962,548
2,440,315
1,958,632
Long-term debt ..................
350,000
—
—
—
—
Stockholders’ equity ..............
$
4,410,354
$
4,649,982
$
5,151,876
$
1,865,164
$
1,423,477
Additional data:
Worldwide employees ............
7,544
6,794
6,068
4,285
3,848
_________________________________________
(1) In fiscal 2008, 2007 and 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, respectively.
(2) On March 16, 2005, our Board of Directors approved a two-for-one stock split, in the form of a stock
dividend, of our common stock payable on May 23, 2005 to stockholders of record as of May 2, 2005.
Per share data, for all periods presented, have been adjusted to give effect to this stock split.
(3) Information associated with our financial position is as of the Friday closest to November 30 for the five
fiscal periods through 2008.