Citrix 2006 Annual Report Download - page 110

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
Three Months December 31, 2005
As
Reported Adjustments
As
Restated

Product licenses $ 130,131 $ — $ 130,131
License updates 88,961 — 88,961
Online services 28,725 — 28,725
Technical services 20,839 — 20,839
Total net revenues 268,656 — 268,656

Cost of product license revenues 5,931 — 5,931
Cost of services revenues 10,273 28 10,301
Amortization of product related intangibles 5,278 — 5,278
Total cost of revenues 21,482 28 21,510
Gross margin 247,174 (28) 247,146

Research and development 29,680 257 29,937
Sales, marketing and support 110,359 604 110,963
General and administrative 36,058 315 36,373
Amortization of other intangible assets 4,084 — 4,084
In-process research and development — — —
Total operating expenses 180,181 1,176 181,357
Income from operations 66,993 (1,204) 65,789
Interest income 6,871 — 6,871
Interest expense (1,145) (50) (1,195)
Write-off of deferred debt issuance costs — — —
Other expense, net (350) (13) (363)
Income before income taxes 72,369 (1,267) 71,102
Income taxes 13,428 (651) 12,777
Net income $ 58,941 $ (616) $ 58,325

Basic $ 0.33 $ — $ 0.33
Diluted $ 0.32 $ — $ 0.32

Basic 176,104 — 176,104
Diluted 182,769 (171) 182,598