Computer Associates 2012 Annual Report Download - page 69

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CA, Inc. and Subsidiaries
Consolidated Statements of Operations
YEAR ENDED MARCH 31,
(in millions, except per share amounts) 2012 2011 2010
Revenue:
Subscription and maintenance revenue $ 4,021 $ 3,822 $ 3,765
Professional services 382 327 288
Software fees and other 411 280 174
Total revenue $ 4,814 $ 4,429 $ 4,227
Expenses:
Costs of licensing and maintenance $ 286 $ 278 $ 252
Cost of professional services 357 303 261
Amortization of capitalized software costs 225 192 133
Selling and marketing 1,394 1,286 1,204
General and administrative 462 451 485
Product development and enhancements 510 471 487
Depreciation and amortization of other intangible assets 176 187 159
Other expenses, net 15 718
Total expenses before interest and income taxes $ 3,425 $ 3,175 $ 2,999
Income from continuing operations before interest and income taxes $ 1,389 $ 1,254 $ 1,228
Interest expense, net 35 45 76
Income from continuing operations before income taxes $ 1,354 $ 1,209 $ 1,152
Income tax expense 416 386 393
Income from continuing operations $ 938 $ 823 $ 759
Income from discontinued operations, net of income tax 13 412
Net income $ 951 $ 827 $ 771
Basic income per common share
Income from continuing operations $ 1.91 $ 1.60 $ 1.46
Income from discontinued operations 0.03 0.01 0.02
Net income $ 1.94 $ 1.61 $ 1.48
Basic weighted average shares used in computation 486 506 515
Diluted income per common share
Income from continuing operations $ 1.90 $ 1.60 $ 1.45
Income from discontinued operations 0.03 0.01 0.02
Net income $ 1.93 $ 1.61 $ 1.47
Diluted weighted average shares used in computation 487 507 533
See accompanying Notes to the Consolidated Financial Statements
57