Computer Associates 2005 Annual Report Download - page 37

Table of Contents
Risks
Current and potential stockholders should consider carefully the risk factors described in Item 7, “Management’ s Discussion and
Analysis of Financial Condition and Results of Operations.” Any of these factors, or others, many of which are beyond our control, could
negatively affect our future business, financial condition, operating results, and cash flow.
Customers
No individual customer accounted for a material portion of our revenue during any of the past three fiscal years, or a material portion of
deferred subscription revenue reported in the balance sheet at the end of any period in the past three fiscal years. At March 31, 2005, six
customers accounted for approximately 60% of our outstanding prior business model net receivables, including one customer with a
license arrangement that extends through fiscal year 2012 and a net unbilled receivable of approximately $390 million. The majority of
our software products are used with relatively expensive computer hardware. As a result, most of our revenue is generated from
customers who have the ability to make substantial commitments to software and hardware implementations. Our software products are
used in a broad range of industries, businesses, and applications. Our customers include manufacturers, technology companies, retailers,
banks, insurance companies, other financial services providers, educational institutions, health care institutions, and governmental
agencies.
Employees
The table below sets forth the approximate number of employees by location and department as of March 31, 2005:
Employees as
of March 31,
Location 2005
Corporate headquarters 2,200
Other U.S. offices 5,600
International offices 7,500
Total 15,300
Employees as
of March 31,
Department 2005
Product development 5,300
Sales and support 5,100
Professional services 1,300
Information technology support, finance, and administration 3,600
Total 15,300
As of March 31, 2005 and 2004, we had approximately 15,300 employees. In connection with the September 2004 restructuring, we
reduced our workforce by approximately 750 positions worldwide. The decrease in the number of employees due to the restructuring
was offset by an increase of approximately 400 employees as a result of our acquisition of Netegrity and an increase of approximately
350 employees primarily as a result of our product development efforts in India. We believe our employee relations are satisfactory.
(d) Financial Information About Geographic Areas
Refer to Note 4, “Segment and Geographic Information” of the Consolidated Financial Statements for financial data pertaining to our
segment and geographic operations.
(e) Available Information
Our website address is ca.com. All filings we make with the SEC, including our Annual Report on Form 10-K, our Quarterly Reports on
Form 10-Q, and our Current Reports on Form 8-K, and any amendments, are available for free on our website as soon as reasonably
practicable after they are filed or furnished to the SEC. Our SEC filings are available to be read or copied at the SEC’ s Public Reference
Room at 100 F Street, N.E., Washington, D.C. 20549. Information regarding the operation of the Public Reference Room can be
obtained by calling the SEC at 1-800-SEC-0330. Our filings can also be obtained for free on the SEC’ s Internet site at sec.gov. The
reference to our website address does not constitute incorporation by reference of the information contained on the website in this Report
or other filings with the SEC, and the information contained on the website is not part of this document.
Our website also contains information about our initiatives in corporate governance, including: our corporate governance principles;
information concerning our Board of Directors including e-mail communication with them; the CA Code of Ethics (applicable to all of
our employees, including our Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, and our directors); our
Instructions for Calling the CA Compliance and Ethics Helpline; information concerning our Board Committees including the charters
of the Audit and Compliance Committee, the Compensation and Human Resources Committee, the Corporate Governance Committee,
and the Corporate Operations Committee; information on the Deferred Prosecution Agreement (DPA) we entered into in September
2004 as part of our settlement to resolve government investigations into past accounting practices including our progress under
governance initiatives required under the DPA; and transactions in CA securities by
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