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75
ADOBE SYSTEMS INCORPORATED
CONSOLIDATED BALANCE SHEETS
(In thousands, except par value)
ASSETS
Current assets:
Cash and cash equivalents
Short-term investments
Trade receivables, net of allowances for doubtful accounts of $15,080 and $15,233, respectively
Deferred income taxes
Prepaid expenses and other current assets
Total current assets
Property and equipment, net
Goodwill
Purchased and other intangibles, net
Investment in lease receivable
Other assets
Total assets
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Trade payables
Accrued expenses
Capital lease obligations
Accrued restructuring
Income taxes payable
Deferred revenue
Total current liabilities
Long-term liabilities:
Debt and capital lease obligations
Deferred revenue
Accrued restructuring
Income taxes payable
Deferred income taxes
Other liabilities
Total liabilities
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value; 2,000 shares authorized; none issued
Common stock, $0.0001 par value; 900,000 shares authorized; 600,834 shares issued;
491,540 and 501,897 shares outstanding, respectively
Additional paid-in-capital
Retained earnings
Accumulated other comprehensive income
Treasury stock, at cost (109,294 and 98,937 shares, respectively), net of reissuances
Total stockholders’ equity
Total liabilities and stockholders’ equity
December 2,
2011
$ 989,500
1,922,192
634,373
91,963
133,423
3,771,451
527,828
3,849,217
545,526
207,239
89,922
$ 8,991,183
$ 86,660
554,941
9,212
80,930
42,634
476,402
1,250,779
1,505,096
55,303
7,449
156,958
181,602
50,883
3,208,070
—
61
2,753,896
6,528,735
29,950
(3,529,529)
5,783,113
$ 8,991,183
December 3,
2010
$ 749,891
1,718,124
554,328
83,247
110,460
3,216,050
448,881
3,641,844
528,784
207,239
98,350
$ 8,141,148
$ 52,432
564,275
8,799
8,119
53,715
380,748
1,068,088
1,513,662
48,929
8,254
164,713
103,098
42,017
2,948,761
—
61
2,458,278
5,980,914
17,428
(3,264,294)
5,192,387
$ 8,141,148
See accompanying Notes to Consolidated Financial Statements.
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