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: 2011 | |||
Condensed Consolidated Statements of Operations | |||
Period Ending July 31, 2011 10-K (Filed: Sept 14, 2011) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 31, 2011 | July 31, 2010 | July 31, 2009 | |
| Net revenue: | |||
| Product | $ 1,481 | 1,412 | 1,376 |
| Service and other | 2,370 | 2,043 | 1,733 |
| Total net revenue | 3,851 | 3,455 | 3,109 |
| Costs and expenses: | |||
| Cost of revenue: | |||
| Cost of product revenue | 144 | 144 | 156 |
| Cost of service and other revenue | 510 | 460 | 422 |
| Amortization of acquired technology | 17 | 49 | 59 |
| Selling and marketing | 1,111 | 976 | 907 |
| Research and development | 634 | 573 | 556 |
| General and administrative | 354 | 348 | 284 |
| Amortization of other acquired intangible assets | 44 | 42 | 42 |
| Goodwill and intangible asset impairment charge | 30 | 0 | 0 |
| Total costs and expenses | 2,844 | 2,592 | 2,426 |
| Operating income from continuing operations | 1,007 | 863 | 683 |
| Interest expense | (60) | (61) | (51) |
| Interest and other income, net | 19 | 13 | 21 |
| Income from continuing operations before income taxes | 966 | 815 | 653 |
| Income tax provision | 332 | 276 | 206 |
| Net income from continuing operations | 634 | 539 | 447 |
| Net income from discontinued operations | 0 | 35 | 0 |
| Net income | 634 | 574 | 447 |
| Basic net income per share from continuing operations | 2.07 | 1.71 | 1.39 |
| Basic net income per share from discontinued operations | 0.00 | 0.11 | 0.00 |
| Basic net income per share | 2.07 | 1.82 | 1.39 |
| Shares used in basic per share amounts | 307 | 316 | 322 |
| Diluted net income per share from continuing operations | 2.00 | 1.66 | 1.35 |
| Diluted net income per share from discontinued operations | 0.00 | 0.11 | 0.00 |
| Diluted net income per share | 2.00 | 1.77 | 1.35 |
| Shares used in diluted per share amounts | 317 | 325 | 330 |
| External Links | |
| INTUIT INC (INTU) Fiscal Year 2011 | |
| 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 |