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: 2012 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2012 10-K (Filed: Sept 13, 2012) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 31, 2012 | July 31, 2011 | July 31, 2010 | |
| Net revenue: | |||
| Product | $ 1,479 | 1,480 | 1,412 |
| Service and other | 2,672 | 2,292 | 1,991 |
| Total net revenue | 4,151 | 3,772 | 3,403 |
| Costs and expenses: | |||
| Cost of revenue: | |||
| Cost of product revenue | 145 | 143 | 144 |
| Cost of service and other revenue | 601 | 495 | 447 |
| Amortization of acquired technology | 14 | 12 | 43 |
| Selling and marketing | 1,118 | 1,040 | 913 |
| Research and development | 669 | 620 | 564 |
| General and administrative | 388 | 352 | 346 |
| Amortization of other acquired intangible assets | 39 | 43 | 42 |
| Goodwill and intangible asset impairment charge | 0 | 30 | 0 |
| Total costs and expenses | 2,974 | 2,735 | 2,499 |
| Operating income (loss) from continuing operations | 1,177 | 1,037 | 904 |
| Interest expense | (50) | (60) | (61) |
| Interest and other income, net | 24 | 19 | 13 |
| Income from continuing operations before income taxes | 1,151 | 996 | 856 |
| Income tax provision | 384 | 344 | 292 |
| Net income (loss) from continuing operations | 767 | 652 | 564 |
| Net income (loss) from discontinued operations | 25 | (18) | 10 |
| Net income | 792 | 634 | 574 |
| Basic net income per share from continuing operations | 2.59 | 2.12 | 1.79 |
| Basic net income (loss) per share from discontinued operations | 0.08 | (0.06) | 0.03 |
| Basic net income per share | 2.67 | 2.06 | 1.82 |
| Shares used in basic per share amounts | 296 | 307 | 316 |
| Diluted net income per share from continuing operations | 2.52 | 2.06 | 1.74 |
| Diluted net income (loss) per share from discontinued operations | 0.08 | (0.06) | 0.03 |
| Diluted net income per share | 2.60 | 2.00 | 1.77 |
| Shares used in diluted per share amounts | 305 | 317 | 325 |
| Dividends declared per common share | 0.60 | 0.00 | 0.00 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2012 | |
| 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 |