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: 2015 | |||
Consolidated Statements of Income | |||
Period Ending Nov 27, 2015 10-K (Filed: Jan 19, 2016) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Nov 27, 2015 | Nov 28, 2014 | Nov 29, 2013 | |
| Revenue: | |||
| Subscription | $ 3,223,904 | 2,076,584 | 1,137,856 |
| Products | 1,125,146 | 1,627,803 | 2,470,098 |
| Services and support | 446,461 | 442,678 | 447,286 |
| Total revenue | 4,795,511 | 4,147,065 | 4,055,240 |
| Cost of revenue: | |||
| Subscription | 409,194 | 335,432 | 278,077 |
| Products | 90,035 | 97,099 | 138,154 |
| Services and support | 245,088 | 189,549 | 170,326 |
| Total cost of revenue | 744,317 | 622,080 | 586,557 |
| Gross profit | 4,051,194 | 3,524,985 | 3,468,683 |
| Operating expenses: | |||
| Research and development | 862,730 | 844,353 | 826,631 |
| Sales and marketing | 1,683,242 | 1,652,308 | 1,620,454 |
| General and administrative | 531,919 | 543,332 | 520,124 |
| Restructuring and other charges | 1,559 | 19,883 | 26,497 |
| Amortization of purchased intangibles | 68,649 | 52,424 | 52,254 |
| Total operating expenses | 3,148,099 | 3,112,300 | 3,045,960 |
| Operating income | 903,095 | 412,685 | 422,723 |
| Non-operating income (expense): | |||
| Interest and other income (expense), net | 33,909 | 7,267 | 4,941 |
| Interest expense | (64,184) | (59,732) | (67,508) |
| Investment gains (losses), net | 961 | 1,156 | (4,015) |
| Total non-operating income (expense), net | (29,314) | (51,309) | (66,582) |
| Income before income taxes | 873,781 | 361,376 | 356,141 |
| Provision for income taxes | 244,230 | 92,981 | 66,156 |
| Net income | 629,551 | 268,395 | 289,985 |
| Basic net income per share | 1.26 | 0.54 | 0.58 |
| Shares used to compute basic net income per share | 498,764 | 497,867 | 501,372 |
| Diluted net income per share | 1.24 | 0.53 | 0.56 |
| Shares used to compute diluted net income per share | 507,164 | 508,480 | 513,476 |
| External Links | |
| ADOBE INC. (ADBE) Fiscal Year 2015 | |
| 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 |