Vistaprint 2011 Annual Report Download - page 41

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Item 6. Selected Financial Data
The following financial data should be read in conjunction with our consolidated financial
statements, the related notes and “Item 7. Management’s Discussion and Analysis of Financial
Condition and Results of Operations” included elsewhere in this Annual Report on Form 10-K. The
historical results are not necessarily indicative of the results to be expected for any future period.
2011 2010 2009 2008 2007
Year Ended June 30,
(In thousands, except share and per share data)
Consolidated Statements of Operations
Data:
Revenue . . . . . . . . . . . . . . . . . . . . . . . . . $ 817,009 $ 670,035 $ 515,826 $ 400,657 $ 255,933
Net income . . . . . . . . . . . . . . . . . . . . . . . $ 82,109 $ 67,741 $ 55,686 $ 39,831 $ 27,143
Net income per ordinary share:
Basic . . . . . . . . . . . . . . . . . . . . . . . . $ 1.89 $ 1.56 $ 1.29 $ 0.91 $ 0.64
Diluted . . . . . . . . . . . . . . . . . . . . . . . $ 1.83 $ 1.49 $ 1.25 $ 0.87 $ 0.60
Shares used in computing earnings per
share:
Basic . . . . . . . . . . . . . . . . . . . . . . . . 43,431,326 43,365,872 43,330,166 43,913,119 42,445,991
Diluted . . . . . . . . . . . . . . . . . . . . . . . 44,951,199 45,336,561 44,634,191 46,016,364 45,364,257
2011 2010 2009 2008 2007
Year Ended June 30,
(In thousands)
Consolidated Statements of Cash Flows
Data:
Cash flows provided by operating activities . . $ 162,634 $ 153,701 $ 120,051 $ 87,731 $ 54,240
Purchases of property, plant and
equipment . . . . . . . . . . . . . . . . . . . . . (37,405) (101,326) (76,286) (62,740) (62,845)
Repurchase of ordinary shares . . . . . . . . . . (56,935) — (45,518) — —
2011 2010 2009 2008 2007
As of June 30,
(In thousands)
Consolidated Balance Sheet Data:
Cash and cash equivalents . . . . . . . . . . . . $ 236,552 $ 162,727 $ 133,988 $ 103,145 $ 69,464
Marketable securities . . . . . . . . . . . . . . . . 529 9,604 — 26,598 38,578
Property, plant and equipment, net . . . . . . . 262,104 249,961 193,622 154,520 106,192
Total assets. . . . . . . . . . . . . . . . . . . . . . . 555,900 477,889 369,549 315,952 234,853
Total accrued expenses. . . . . . . . . . . . . . . 68,989 65,609 43,724 35,655 22,403
Total long-term debt, net of current portion . . — — 10,465 19,507 21,772
Total shareholders’ equity . . . . . . . . . . . . . 450,093 376,114 285,534 242,505 176,060
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of
Operations
The following discussion and analysis of the financial condition and results of our operations
should be read in conjunction with the consolidated financial statements and the notes to those
statements included elsewhere in this Annual Report. This discussion contains forward-looking
statements that involve risks and uncertainties. Our actual results could differ materially from those
discussed below. Factors that could cause or contribute to such differences include, but are not limited
to, those identified below, and those discussed in the section titled “Risk Factors” included elsewhere
in this Annual Report.
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