| Income Statement for Adobe Systems, Inc. |
| (Amounts are in millions) |
|
11/2009 |
|
11/2008 |
|
11/2007 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$2,945.85 |
|
$3,579.88 |
|
$3,157.88 |
| Cost of Goods Sold |
|
$296.73 |
|
$362.63 |
|
$354.69 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$2,649.12 |
|
$3,217.25 |
|
$2,803.18 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$565.14 |
|
$662.05 |
|
$613.24 |
| Selling, General, & Admin. Expense |
|
$1,321.91 |
|
$1,458.68 |
|
$1,259.37 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$762.06 |
|
$1,096.51 |
|
$930.57 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$71.55 |
|
$68.24 |
|
$72.43 |
| Non-Operating Income |
|
$14.41 |
|
$60.25 |
|
$89.05 |
| Interest Expense |
|
$3.40 |
|
$10.01 |
|
$0.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$701.52 |
|
$1,078.50 |
|
$947.19 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$315.01 |
|
$206.69 |
|
$223.38 |
| Minority Interest |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$386.50 |
|
$871.81 |
|
$723.80 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$386.50 |
|
$871.81 |
|
$723.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.74 |
|
$1.62 |
|
$1.24 |
| Diluted Earnings Per Share |
|
$0.73 |
|
$1.59 |
|
$1.21 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
524.47 |
|
539.37 |
|
584.20 |
| Weighted Average Diluted Shares Outstanding |
|
530.61 |
|
548.55 |
|
598.78 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$697.13 |
|
$1,006.69 |
|
$819.31 |
| Income From Non-Recurring Items |
|
($310.62) |
|
($134.88) |
|
($95.50) |
| Diluted Earnings Per Share before extras |
|
$1.31 |
|
$1.81 |
|
$1.37 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
