10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SALESFORCE, INC. | |||
Ticker: CRM Fiscal Year: 2016 | |||
Consolidated Statements of Operations | |||
Period Ending Jan 31, 2017 10-K (Filed: Mar 6, 2017) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2017 | Jan 31, 2016 | Jan 31, 2015 | |
| Revenues: | |||
| Subscription and support | $ 7,756,205 | 6,205,599 | 5,013,764 |
| Professional services and other | 635,779 | 461,617 | 359,822 |
| Total revenues | 8,391,984 | 6,667,216 | 5,373,586 |
| Cost of revenues: | |||
| Subscription and support | 1,556,353 | 1,188,967 | 924,638 |
| Professional services and other | 677,686 | 465,581 | 364,632 |
| Total cost of revenues | 2,234,039 | 1,654,548 | 1,289,270 |
| Gross profit | 6,157,945 | 5,012,668 | 4,084,316 |
| Operating expenses: | |||
| Research and development | 1,208,127 [1] | 946,300 | 792,917 |
| Marketing and sales | 3,918,027 | 3,239,824 | 2,757,096 |
| General and administrative | 967,563 | 748,238 | 679,936 |
| Operating lease termination resulting from purchase of 50 Fremont | 0 | (36,617) | 0 |
| Total operating expenses | 6,093,717 | 4,897,745 | 4,229,949 |
| Income (loss) from operations | 64,228 | 114,923 | (145,633) |
| Investment income | 27,374 | 15,341 | 10,038 |
| Interest expense | (88,988) | (72,485) | (73,237) |
| Other income (expense) | 9,072 | (15,292) | (19,878) |
| Gain on sales of land and building improvements | 0 | 21,792 | 15,625 |
| Gains from acquisitions of strategic investments | 13,697 | 0 | 0 |
| Income (loss) before benefit from (provision for) income taxes | 25,383 | 64,279 | (213,085) |
| Benefit from (provision for) income taxes | 154,249 | (111,705) [2] | (49,603) |
| Net income (loss) | 179,632 | (47,426) | (262,688) |
| Basic net income (loss) per share (in dollars per share) | 0.26 | (0.07) | (0.42) |
| Diluted net income (loss) per share (in dollars per share) | 0.26 | (0.07) | (0.42) |
| Shares used in computing basic net income (loss) per share (in shares) | 687,797 | 661,647 | 624,148 |
| Shares used in computing diluted net income (loss) per share (in shares) | 700,217 | 661,647 | 624,148 |
| [2] Amounts include a $210.3 million tax benefit recorded during fiscal 2017 as a result of the release of a portion of the valuation allowance related to the Demandware, Inc. acquisition. See Note 11 Income Taxes. | |||
| [1] Amounts include stock-based expenses, as follows: Fiscal Year Ended January 31, 2017 2016 2015Cost of revenues $107,457 $69,443 $53,812Research and development 187,487 129,434 121,193Marketing and sales 388,937 289,152 286,410General and administrative 136,486 105,599 103,350 | Amounts include amortization of purchased intangibles from business combinations, as follows: Fiscal Year Ended January 31, 2017 2016 2015Cost of revenues $127,676 $80,918 $90,300Marketing and sales 97,601 77,152 64,673Other non-oper | |||
| External Links | |
| SALESFORCE, INC. (CRM) 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 |