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Table of Contents
ITEM 6. SELECTED CONSOLIDATED FINANCIAL DATA
FIVE YEAR SELECTED CONSOLIDATED FINANCIAL DATA
(in thousands, except per share amounts)
Year Ended December 31,
2005(1)
2004(2)
2003(3)
2002
2001
Summary of Operations:
Revenues $ 9,663,955 $ 8,229,488 $ 6,236,808 $ 5,438,352 $ 7,090,633
Operating income (loss) 1,480,422 1,043,993 401,157 (493,831) (697,841)
Net income (loss) 1,133,165 871,189 496,108 (118,706) (507,712)
Net income (loss) per weighted
average share, basic $ 0.48 $ 0.36 $ 0.22 $ (0.05) $ (0.23)
Net income (loss) per weighted
average share, diluted $ 0.47 $ 0.36 $ 0.22 $ (0.05) $ (0.23)
Weighted average shares,
basic 2,382,977 2,402,198 2,211,544 2,206,294 2,211,273
Weighted average shares,
diluted 2,432,582 2,450,570 2,237,656 2,206,294 2,211,273
Balance Sheet Data:
Working capital $ 2,900,118 $ 1,882,226 $ 2,140,775 $ 2,175,598 $ 2,743,828
Total assets 16,790,383 15,422,906 14,092,860 9,590,447 9,889,635
Long-term obligations(4) 129,994 130,844 132,634 6,963 17,202
Stockholders' equity $ 12,065,430 $ 11,523,287 $ 10,884,721 $ 7,226,002 $ 7,600,820
(1) In 2005, EMC acquired all of the outstanding shares of System Management Arts Incorporated ("Smarts"), Rainfinity, Inc. ("Rainfinity") and Captiva Software Corporation
("Captiva") (see Note B to the financial statements).
(2) In 2004, EMC acquired all of the outstanding shares of VMware, Inc. ("VMware") (see Note B to the financial statements).
(3) In 2003, EMC acquired all of the outstanding shares of LEGATO Systems, Inc. ("LEGATO") and Documentum, Inc. ("Documentum") (see Note B to the financial statements).
(4) Includes long-term convertible debt and capital leases, excluding current portion.
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