Adobe 2015 Annual Report Download - page 103

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Table of Contents
ADOBE SYSTEMS INCORPORATED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
103
Property and Equipment 2015 2014
Americas:
United States $ 621,122 $ 651,281
Other 427 656
Total Americas 621,549 651,937
EMEA 43,943 46,380
APAC:
India 111,662 76,428
Other 10,267 10,378
Total APAC 121,929 86,806
Property and equipment, net $ 787,421 $ 785,123
Significant Customers
For fiscal 2015, 2014 and 2013 there were no customers that represented at least 10% of net revenue. In fiscal 2015 and
2014, no single customer was responsible for over 10% of our trade receivables.
NOTE 19. SELECTED QUARTERLY FINANCIAL DATA (unaudited)
2015
(in thousands, except per share data) Quarter Ended
February 27 May 29 August 28 November 27
Revenue $ 1,109,181 $ 1,162,158 $ 1,217,768 $ 1,306,404
Gross profit $ 942,383 $ 976,985 $ 1,026,783 $ 1,105,043
Income before income taxes $ 163,248 $ 180,974 $ 232,619 $ 296,940
Net income $ 84,888 $ 147,493 $ 174,465 $ 222,705
Basic net income per share $ 0.17 $ 0.30 $ 0.35 $ 0.45
Diluted net income per share $ 0.17 $ 0.29 $ 0.34 $ 0.44
2014
(in thousands, except per share data) Quarter Ended
February 28 May 30 August 29 November 28
Revenue $ 1,000,120 $ 1,068,208 $ 1,005,409 $ 1,073,328
Gross profit $ 851,611 $ 913,304 $ 847,685 $ 912,385
Income before income taxes $ 64,892 $ 121,271 $ 62,938 $ 112,275
Net income $ 47,046 $ 88,527 $ 44,686 $ 88,136
Basic net income per share $ 0.09 $ 0.18 $ 0.09 $ 0.18
Diluted net income per share $ 0.09 $ 0.17 $ 0.09 $ 0.17
Our fiscal year is a 52- or 53-week year that ends on the Friday closest to November 30. Each of the fiscal quarters presented
were comprised of 13 weeks.