EMC 2011 Annual Report Download - page 25

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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,
2011(1) 2010(2) 2009(4) 2008(5) 2007(6)
Summary of Operations:
Revenues $20,007,588 $17,015,126 $14,025,910 $14,876,163 $13,230,205
Operating income 3,442,439 2,683,286 1,414,275 1,568,936 1,739,252
Net income attributable to EMC Corporation 2,461,337 1,899,995 1,088,077 1,275,104 1,598,965
Net income attributable to EMC Corporation per weighted average share, basic $ 1.20 $ 0.92 $ 0.54 $ 0.62 $ 0.77
Net income attributable to EMC Corporation per weighted average share, diluted $ 1.10 $ 0.88 $ 0.53 $ 0.61 $ 0.74
Weighted average shares, basic 2,055,536 2,055,959 2,022,371 2,048,506 2,079,542
Weighted average shares, diluted 2,229,113 2,147,931 2,055,146 2,079,853 2,157,873
Balance Sheet Data:
Working capital $ 1,206,473 $ 405,308 $ 5,390,135 $ 5,446,593 $ 5,644,894
Total assets 34,268,179 30,833,284 26,812,003 23,874,575 22,284,654
Current obligations(3) 3,304,974 3,214,771 — — —
Long-term obligations — — 3,100,290 2,991,943 2,889,362
Total shareholders' equity 19,927,122 18,166,776 16,060,474 13,655,950 13,060,342
(1) In 2011, EMC acquired all of the outstanding shares of 7 companies (see Note C to the consolidated financial statements).
(2) In 2010, EMC acquired all of the outstanding shares of 10 companies (see Note C to the consolidated financial statements).
(3) Current obligations relate to the convertible debt and notes converted and payable, which were classified as current at December 31, 2011 and 2010 (see Note E to the
consolidated financial statements).
(4) In 2009, EMC acquired all of the outstanding shares of 5 companies (see Note C to the consolidated financial statements).
(5) In 2008, EMC acquired all of the outstanding shares of 12 companies.
(6) In 2007, EMC acquired all of the outstanding shares of 14 companies. In 2007, EMC recognized a $148.6 million gain on the sale of VMware stock to Cisco.
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