10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ADOBE INC. | |||
Ticker: ADBE Fiscal Year: 2018 | |||
Consolidated Statements of Income | |||
Period Ending Nov 30, 2018 10-K (Filed: Jan 25, 2019) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Nov 30, 2018 | Dec 1, 2017 | Dec 2, 2016 | |
| Revenue: | |||
| Subscription | $ 7,922,152 | 6,133,869 | 4,584,833 |
| Product | 622,153 | 706,767 | 800,498 |
| Services and support | 485,703 | 460,869 | 469,099 |
| Total revenue | 9,030,008 | 7,301,505 | 5,854,430 |
| Cost of revenue: | |||
| Subscription | 807,221 | 623,048 | 461,860 |
| Product | 46,009 | 57,082 | 68,917 |
| Services and support | 341,769 | 330,361 | 289,131 |
| Total cost of revenue | 1,194,999 | 1,010,491 | 819,908 |
| Gross profit | 7,835,009 | 6,291,014 | 5,034,522 |
| Operating expenses: | |||
| Research and development | 1,537,812 | 1,224,059 | 975,987 |
| Sales and marketing | 2,620,829 | 2,197,592 | 1,910,197 |
| General and administrative | 744,898 | 624,706 | 576,202 |
| Amortization of purchased intangibles | 91,101 | 76,562 | 78,534 |
| Total operating expenses | 4,994,640 | 4,122,919 | 3,540,920 |
| Operating income | 2,840,369 | 2,168,095 | 1,493,602 |
| Non-operating income (expense): | |||
| Interest and other income (expense), net | 39,536 | 36,395 | 13,548 |
| Interest expense | (89,242) | (74,402) | (70,442) |
| Investment gains (losses), net | 3,213 | 7,553 | (1,570) |
| Total non-operating income (expense), net | (46,493) | (30,454) | (58,464) |
| Income before income taxes | 2,793,876 | 2,137,641 | 1,435,138 |
| Provision for income taxes | 203,102 | 443,687 | 266,356 |
| Net income | 2,590,774 | 1,693,954 | 1,168,782 |
| Basic net income per share | 5.28 | 3.43 | 2.35 |
| Shares used to compute basic net income per share | 490,564 | 493,632 | 498,345 |
| Diluted net income per share | 5.20 | 3.38 | 2.32 |
| Shares used to compute diluted net income per share | 497,843 | 501,123 | 504,299 |
| External Links | |
| ADOBE INC. (ADBE) Fiscal Year 2018 | |
| 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 |