TiVo 2011 Annual Report Download - page 42

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Table of Contents
Fiscal Year Ended January 31,
2012 2011 2010 2009 2008
(in thousands, except per share data and share amounts)
Consolidated Statements of Operations Data:
Revenues
Service revenues $ 131,341 $ 140,649 $ 159,772 $ 188,408 $ 211,496
Technology revenues 58,945 27,341 29,907 20,126 19,382
Hardware revenues 47,893 51,618 48,787 41,652 41,798
Net revenues 238,179 219,608 238,466 250,186 272,676
Cost and Expenses
Cost of service revenues 35,865 40,515 40,878 44,603 42,976
Cost of technology revenues 23,056 18,813 20,703 12,300 17,367
Cost of hardware revenues 59,439 69,033 65,909 57,742 92,052
Research and development 110,367 81,604 63,039 62,083 58,780
Sales and marketing 26,388 27,587 23,270 24,944 23,987
Sales and marketing, subscription acquisition costs 7,392 8,169 5,048 6,038 31,050
General and administrative 96,502 59,487 44,801 42,931 42,954
Litigation Proceeds (230,160) — — (87,811) —
Income (loss) from operations 109,330 (85,600) (25,182) 87,356 (36,490)
Interest income 5,672 1,397 1,039 18,636 5,031
Interest expense and other (12,034) (145) 83 (553) (102)
Income (loss) before income taxes 102,968 (84,348) (24,060) 105,439 (31,561)
Benefit from (provision for) income taxes (807) (164) 1,024 (1,328) (30)
Net income (loss) $ 102,161 $ (84,512) $ (23,036) $ 104,111 $ (31,591)
Net income (loss) per share
Basic $ 0.88 $ (0.74) $ (0.22) $ 1.04 $ (0.32)
Diluted $ 0.80 $ (0.74) $ (0.22) $ 1.01 $ (0.32)
Income (loss) for purposes of computing net income (loss) per share:
Basic $ 102,161 $ (84,512) $ (23,036) $ 104,111 $ (31,591)
Diluted $ 109,140 $ (84,512) $ (23,036) $ 104,111 $ (31,591)
Weighted average shares used to calculate basic net income
(loss) per share 116,592,943 113,490,177 106,182,488 100,389,980 97,510,576
Weighted average shares used to calculate diluted net income
(loss) per share 136,255,424 113,490,177 106,182,488 102,595,607 97,510,576
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