TiVo 2009 Annual Report Download - page 72
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Table of Contents
TIVO INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share)
Fiscal Year Ended January 31,
2010 2009 2008
Revenues
Service revenues $ 159,772 $ 188,408 $ 211,496
Technology revenues 29,907 20,126 19,382
Hardware revenues 47,907 41,133 41,798
Net revenues 237,586 249,667 272,676
Cost of revenues
Cost of service revenues (1) 40,878 44,603 42,976
Cost of technology revenues (1) 20,703 12,300 17,367
Cost of hardware revenues 65,909 57,742 92,052
Total cost of revenues 127,490 114,645 152,395
Gross margin 110,096 135,022 120,281
Research and development (1) 63,039 62,083 58,780
Sales and marketing (1) 23,270 24,944 23,987
Sales and marketing, subscription acquisition costs 5,048 6,038 31,050
General and administrative (1) 44,801 42,931 42,954
Litigation proceeds — (87,811) —
Total operating expenses 136,158 48,185 156,771
Income (loss) from operations (26,062) 86,837 (36,490)
Interest income 1,039 18,636 5,031
Interest expense and other 83 (553) (102)
Income (loss) before income taxes (24,940) 104,920 (31,561)
Provision for income taxes 1,024 (1,328) (30)
Net income (loss) $ (23,916) $ 103,592 $ (31,591)
Net income (loss) per common share - basic $ (0.23) $ 1.03 $ (0.32)
Net Income (loss) per common share - diluted $ (0.23) $ 1.01 $ (0.32)
Weighted average common shares used to calculate basic net income (loss) per share 106,182,488 100,389,980 97,510,576
Weighted average common shares used to calculate diluted net income (loss) per share 106,182,488 102,595,607 97,510,576
The accompanying notes are an integral part of these consolidated financial statements.
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