Computer Associates 2005 Annual Report Download - page 152

Download and view the complete annual report

Please find page 152 of the 2005 Computer Associates 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 166

  • 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
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

Table of Contents
Note 12 — Restatements (Continued)
The following tables summarize the unaudited quarterly consolidated statements of operations data for the periods indicated, giving
effect to the restatements described above:
FISCAL YEAR 2005 QUARTERLY STATEMENT OF OPERATIONS DATA
June 30 September 30
Previousl
y As As Previously As As
Reported(
1) Adjusted(2) Adjusted(3) Restated(4) Reported(1) Adjusted(2) Adjusted(3) Restated(4)
(in millions, except per share data)
Subscription revenue $569 $569 $604 $604 $592 $ 592 $621 $621
Maintenance 127 127 112 112 123 123 108 108
Software fees and other 76 66 66 66 53 56 56 56
Financing fees 33 33 24 24 28 28 21 21
Total revenue 860 850 861 861 855 858 865 865
Selling, general, and administrative 307 307 307 311 337 337 337 342
Commissions and royalties 66 66 66 66 69 69 69 69
Income (loss) from continuing
operations before taxes 82 72 83 76 (185) (182) (175) (184)
Tax expense (benefit) 29 25 29 29 (91) (90) (88) (88)
Income (loss) from continuing
operations 53 47 54 47 (94) (92) (87) (96)
Basic income (loss) from continuing
operations per share $0.09 $0.08 $0.09 $0.08 $(0.16) $ (0.16) $(0.15) $(0.17)
Diluted income (loss) from continuing
operations per share $0.09 $ 0.08 $ 0.09 $ 0.08 $(0.16) $ (0.16) $(0.15) $(0.17)
December 31 March 31
Previousl
y As As Previously As
Reported(
1) Adjusted(2) Adjusted(3) Restated(4) Reported(5) Adjusted(3) Restated(4)
(in millions, except per share data)
Subscription revenue $623 $623 $650 $650 $646 $ 669 $669
Maintenance 126 126 112 112 122 109 109
Software fees and other 75 74 74 74 58 58 58
Financing fees 23 23 17 17 20 15 15
Total revenue 911 910 917 917 912 917 917
Selling, general, and administrative 345 345 345 352 334 334 341
Commissions and royalties 91 91 91 91 113 113 113
Income from continuing operations
before taxes 52 51 58 47 70 75 63
Tax expense 16 16 19 16 47 49 47
Income from continuing operations 36 35 39 31 23 26 16
Basic income from continuing
operations per share $0.06 $0.06 $0.07 $0.05 $0.04 $ 0.04 $0.03
Diluted income from continuing
operations per share $0.06 $ 0.06 $ 0.07 $ 0.05 $ 0.04 $ 0.04 $ 0.03
(1) Derived from the
“previously
reported” column o
f
Note 12 of the
Consolidated
Financial
Statements included
in the Company’ s
Original Form 10-K
for the fiscal year
ended March 31,
2005.
(2) Adjusted to reflect