10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ADOBE INC. | |||
Ticker: ADBE Fiscal Year: 2014 | |||
Consolidated Statements of Income | |||
Period Ending Nov 28, 2014 10-K (Filed: Jan 20, 2015) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Nov 28, 2014 | Nov 29, 2013 | Nov 30, 2012 | |
| Revenue: | |||
| Products | $ 1,627,803 | 2,470,098 | 3,342,843 |
| Subscription | 2,076,584 | 1,137,856 | 673,206 |
| Services and support | 442,678 | 447,286 | 387,628 |
| Total revenue | 4,147,065 | 4,055,240 | 4,403,677 |
| Cost of revenue: | |||
| Products | 97,099 | 138,154 | 121,663 |
| Subscription | 335,432 | 278,077 | 219,102 |
| Services and support | 189,549 | 170,326 | 143,017 |
| Total cost of revenue | 622,080 | 586,557 | 483,782 |
| Gross profit | 3,524,985 | 3,468,683 | 3,919,895 |
| Operating expenses: | |||
| Research and development | 844,353 | 826,631 | 742,823 |
| Sales and marketing | 1,652,308 | 1,620,454 | 1,516,159 |
| General and administrative | 543,332 | 520,124 | 434,982 |
| Restructuring and other charges | 19,883 | 26,497 | (2,917) |
| Amortization of purchased intangibles | 52,424 | 52,254 | 48,657 |
| Total operating expenses | 3,112,300 | 3,045,960 | 2,739,704 |
| Operating income | 412,685 | 422,723 | 1,180,191 |
| Non-operating income (expense): | |||
| Interest and other income (expense), net | 7,267 | 4,941 | (3,414) |
| Interest expense | (59,732) | (67,508) | (67,487) |
| Investment gains (losses), net | 1,156 | (4,015) | 9,504 |
| Total non-operating income (expense), net | (51,309) | (66,582) | (61,397) |
| Income before income taxes | 361,376 | 356,141 | 1,118,794 |
| Provision for income taxes | 92,981 | 66,156 | 286,019 |
| Net income | 268,395 | 289,985 | 832,775 |
| Basic net income per share | 0.54 | 0.58 | 1.68 |
| Shares used to compute basic net income per share | 497,867 | 501,372 | 494,731 |
| Diluted net income per share | 0.53 | 0.56 | 1.66 |
| Shares used to compute diluted net income per share | 508,480 | 513,476 | 502,721 |
| External Links | |
| ADOBE INC. (ADBE) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |