Adobe 2014 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2014 Adobe annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 121

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121

35
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. As our operating results are not necessarily indicative of future operating
results, 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
2014 2013 2012 2011 2010
Operations:
Revenue...................................................................... $ 4,147,065 $ 4,055,240 $ 4,403,677 $4,216,258 $3,800,000
Gross profit................................................................. $ 3,524,985 $ 3,468,683 $ 3,919,895 $3,778,385 $3,396,498
Income before income taxes....................................... $ 361,376 $ 356,141 $ 1,118,794 $1,035,230 $ 943,151
Net income ................................................................. $ 268,395 $ 289,985 $ 832,775 $ 832,847 $ 774,680
Net income per share:.................................................
Basic ...................................................................... $ 0.54 $ 0.58 $ 1.68 $ 1.67 $ 1.49
Diluted................................................................... $ 0.53 $ 0.56 $ 1.66 $ 1.65 $ 1.47
Shares used to compute basic net income per share... 497,867 501,372 494,731 497,469 519,045
Shares used to compute diluted net income per share 508,480 513,476 502,721 503,921 525,824
Cash dividends declared per common share .............. $ — $ — $ — $ — $ —
Financial position:(1)
Cash, cash equivalents and short-term investments... $ 3,739,491 $ 3,173,752 $ 3,538,353 $2,911,692 $2,468,015
Working capital.......................................................... $ 2,107,893 $ 2,520,281 $ 3,125,314 $2,520,672 $2,147,962
Total assets................................................................. $10,785,829 $10,380,298 $10,040,229 $8,991,183 $8,141,148
Debt and capital lease obligations, non-current ......... $ 911,086 $ 1,499,297 $ 1,496,938 $1,505,096 $1,513,662
Stockholders’ equity................................................... $ 6,775,905 $ 6,724,634 $ 6,665,182 $5,783,113 $5,192,387
Additional data:
Worldwide employees................................................ 12,499 11,847 11,144 9,925 9,117
_________________________________________
(1) Information associated with our financial position is as of the Friday closest to November 30 for the five fiscal periods through
2014.