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: 2014 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2014 10-K (Filed: Sept 12, 2014) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
July 31, 2014 | July 31, 2013 | July 31, 2012 | |
Net revenue: | |||
Product | $ 1,522 | 1,515 | 1,479 |
Service and other | 2,984 | 2,656 | 2,329 |
Total net revenue | 4,506 | 4,171 | 3,808 |
Costs and expenses: | |||
Cost of revenue: | |||
Cost of product revenue | 141 | 130 | 146 |
Cost of service and other revenue | 501 | 429 | 429 |
Amortization of acquired technology | 26 | 18 | 10 |
Selling and marketing | 1,281 | 1,219 | 1,033 |
Research and development | 758 | 685 | 618 |
General and administrative | 465 | 422 | 381 |
Amortization of other acquired intangible assets | 20 | 35 | 23 |
Total costs and expenses | 3,192 | 2,938 | 2,640 |
Operating income from continuing operations | 1,314 | 1,233 | 1,168 |
Interest expense | (31) | (30) | (50) |
Interest and other income, net | 31 | 7 | 20 |
Income from continuing operations before income taxes | 1,314 | 1,210 | 1,138 |
Income tax provision | 453 | 387 | 374 |
Net income from continuing operations | 861 | 823 | 764 |
Net income from discontinued operations | 46 | 35 | 28 |
Net income | 907 | 858 | 792 |
Basic net income per share from continuing operations | 3.02 | 2.78 | 2.58 |
Basic net income per share from discontinued operations | 0.16 | 0.11 | 0.09 |
Basic net income per share | 3.18 | 2.89 | 2.67 |
Shares used in basic per share calculations | 285 | 297 | 296 |
Diluted net income per share from continuing operations | 2.96 | 2.72 | 2.51 |
Diluted net income per share from discontinued operations | 0.16 | 0.11 | 0.09 |
Diluted net income per share | 3.12 | 2.83 | 2.60 |
Shares used in diluted per share calculations | 291 | 303 | 305 |
Dividends declared per common share | 0.76 | 0.68 | 0.60 |
External Links | |
INTUIT INC (INTU) Fiscal Year 2014 | |
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 |