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: 2016 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2016 10-K (Filed: Sept 1, 2016) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| July 31, 2016 | July 31, 2015 | July 31, 2014 | |
| Net revenue: | |||
| Product | $ 1,289 | 1,146 | 1,459 |
| Service and other | 3,405 | 3,046 | 2,784 |
| Total net revenue | 4,694 | 4,192 | 4,243 |
| Costs and expenses: | |||
| Cost of revenue: | |||
| Cost of product revenue | 131 | 139 | 137 |
| Cost of service and other revenue | 599 | 556 | 466 |
| Amortization of acquired technology | 22 | 30 | 18 |
| Selling and marketing | 1,289 | 1,288 | 1,157 |
| Research and development | 881 | 798 | 714 |
| General and administrative | 518 | 483 | 444 |
| Amortization of other acquired intangible assets | 12 | 12 | 7 |
| Goodwill and intangible asset impairment charges | 0 | 148 | 0 |
| Total costs and expenses | 3,452 | 3,454 | 2,943 |
| Operating income from continuing operations | 1,242 | 738 | 1,300 |
| Interest expense | (35) | (27) | (31) |
| Interest and other income (expense), net | (4) | 1 | 31 |
| Income from continuing operations before income taxes | 1,203 | 712 | 1,300 |
| Income tax provision | 397 | 299 | 447 |
| Net income from continuing operations | 806 | 413 | 853 |
| Net income (loss) from discontinued operations | 173 | (48) | 54 |
| Net income | 979 | 365 | 907 |
| Basic net income per share from continuing operations | 3.08 | 1.47 | 2.99 |
| Basic net income (loss) per share from discontinued operations | 0.65 | (0.17) | 0.19 |
| Basic net income per share | 3.73 | 1.30 | 3.18 |
| Shares used in basic per share calculations | 262 | 281 | 285 |
| Diluted net income per share from continuing operations | 3.04 | 1.45 | 2.94 |
| Diluted net income (loss) per share from discontinued operations | 0.65 | (0.17) | 0.18 |
| Diluted net income per share | 3.69 | 1.28 | 3.12 |
| Shares used in diluted per share calculations | 265 | 286 | 291 |
| Cash dividends declared per common share | 1.20 | 1.00 | 0.76 |
| External Links | |
| INTUIT INC (INTU) 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 |