10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTUIT INC | |||
Ticker: INTU Fiscal Year: 2010 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2010 10-K (Filed: Sept 16, 2010) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 31, 2010 | July 31, 2009 | July 31, 2008 | |
| Net revenue: | |||
| Product | $ 1,412 | 1,376 | 1,483 |
| Service and other | 2,043 | 1,733 | 1,510 |
| Total net revenue | 3,455 | 3,109 | 2,993 |
| Costs and expenses: | |||
| Cost of revenue: | |||
| Cost of product revenue | 144 | 156 | 154 |
| Cost of service and other revenue | 460 | 422 | 381 |
| Amortization of acquired technology | 49 | 59 | 55 |
| Selling and marketing | 976 | 907 | 841 |
| Research and development | 573 | 556 | 593 |
| General and administrative | 348 | 284 | 290 |
| Amortization of other acquired intangible assets | 42 | 42 | 35 |
| Total costs and expenses | 2,592 | 2,426 | 2,349 |
| Operating income from continuing operations | 863 | 683 | 644 |
| Interest expense | (61) | (51) | (52) |
| Interest and other income, net | 13 | 21 | 46 |
| Gain on sale of outsourced payroll assets | 52 | ||
| Income from continuing operations before income taxes | 815 | 653 | 690 |
| Income tax provision | 276 | 206 | 243 |
| Net income from continuing operations | 539 | 447 | 447 |
| Net income from discontinued operations | 35 | 30 | |
| Net income | 574 | 447 | 477 |
| Basic net income per share from continuing operations | 1.71 | 1.39 | 1.36 |
| Basic net income per share from discontinued operations | 0.11 | 0.09 | |
| Basic net income per share | 1.82 | 1.39 | 1.45 |
| Shares used in basic per share amounts | 316 | 322 | 329 |
| Diluted net income per share from continuing operations | 1.66 | 1.35 | 1.32 |
| Diluted net income per share from discontinued operations | 0.11 | 0.09 | |
| Diluted net income per share | 1.77 | 1.35 | 1.41 |
| Shares used in diluted per share amounts | 325 | 330 | 339 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2010 | |
| 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 |