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: 2016 | |||
Consolidated Statements of Income | |||
Period Ending Dec 2, 2016 10-K (Filed: Jan 20, 2017) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 2, 2016 | Nov 27, 2015 | Nov 28, 2014 | |
| Revenue: | |||
| Subscription | $ 4,584,833 | 3,223,904 | 2,076,584 |
| Products | 800,498 | 1,125,146 | 1,627,803 |
| Services and support | 469,099 | 446,461 | 442,678 |
| Total revenue | 5,854,430 | 4,795,511 | 4,147,065 |
| Cost of revenue: | |||
| Subscription | 461,860 | 409,194 | 335,432 |
| Products | 68,917 | 90,035 | 97,099 |
| Services and support | 289,131 | 245,088 | 189,549 |
| Total cost of revenue | 819,908 | 744,317 | 622,080 |
| Gross profit | 5,034,522 | 4,051,194 | 3,524,985 |
| Operating expenses: | |||
| Research and development | 975,987 | 862,730 | 844,353 |
| Sales and marketing | 1,910,197 | 1,683,242 | 1,652,308 |
| General and administrative | 577,710 | 531,919 | 543,332 |
| Restructuring and other charges | (1,508) | 1,559 | 19,883 |
| Amortization of purchased intangibles | 78,534 | 68,649 | 52,424 |
| Total operating expenses | 3,540,920 | 3,148,099 | 3,112,300 |
| Operating income | 1,493,602 | 903,095 | 412,685 |
| Non-operating income (expense): | |||
| Interest and other income (expense), net | 13,548 | 33,909 | 7,267 |
| Interest expense | (70,442) | (64,184) | (59,732) |
| Investment gains (losses), net | (1,570) | 961 | 1,156 |
| Total non-operating income (expense), net | (58,464) | (29,314) | (51,309) |
| Income before income taxes | 1,435,138 | 873,781 | 361,376 |
| Provision for income taxes | 266,356 | 244,230 | 92,981 |
| Net income | 1,168,782 | 629,551 | 268,395 |
| Basic net income per share | 2.35 | 1.26 | 0.54 |
| Shares used to compute basic net income per share | 498,345 | 498,764 | 497,867 |
| Diluted net income per share | 2.32 | 1.24 | 0.53 |
| Shares used to compute diluted net income per share | 504,299 | 507,164 | 508,480 |
| External Links | |
| ADOBE INC. (ADBE) Fiscal Year 2016 | |
| 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 |