|
| The following table shows the Company's pro forma results reconciled to the Generally Accepted Accounting Principles ("GAAP") Consolidated Statements of Income table included on page 4 of this release. The Company's pro forma results do not include unusual or non-recurring events or transactions, amortization of goodwill and purchased intangibles, or gains and losses on investments in equity securities. |
|
|
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|
|
|
|
|
|
|
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| |
|
|
Three Months Ended |
|
Twelve Months Ended |
| |
|
|
|
|
|
| |
|
|
November 30
2001
|
|
December 1
2000
|
|
November 30
2001
|
|
December 1
2000
|
| GAAP income before income taxes |
|
$51,178 |
|
$122,785 |
|
$306,931 |
|
$443,739 |
| |
Restructuring and other charges |
|
12,063 |
|
-- |
|
12,063 |
|
5,629 |
|
Amortization of goodwill and purchase intangibles |
|
3,550 |
|
3,380 |
|
14,281 |
|
7,013 |
|
Aquired in-process research and development |
|
-- |
|
470 |
|
-- |
|
470 |
|
One time gain from sale of assets |
|
-- |
|
-- |
|
-- |
|
(2,718) |
|
Investment gain/loss |
|
5,898 |
|
7,417 |
|
93,414 |
|
14,345 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Pro forma income before |
|
72,689 |
|
134,052 |
|
426,689 |
|
439,788 |
|
|
income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax provision |
|
23,987 |
|
47,588 |
|
140,807 |
|
154,542 |
|
|
|
|
|
|
|
|
|
|
|
| Pro forma net income |
|
48,702 |
|
86,464 |
|
285,882 |
|
285,246 |
| |
|
|
|
|
|
|
|
|
|
| Basic pro forma net income |
|
$.21 |
|
$.36 |
|
$1.20 |
|
$1.20 |
| |
|
|
|
|
|
|
|
|
|
| Shares used in computing basic net income per share |
|
236,361 |
|
239,640 |
|
238,461 |
|
238,292 |
|
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|
|
|
|
|
|
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| |
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|
|
| Diluted pro forma net income per share |
|
$.20 |
|
$.34 |
|
$1.15 |
|
$1.12 |
| |
|
|
|
|
|
|
|
|
|
| Shares used in computing diluted net income per share |
|
243,411 |
|
257,294 |
|
249,145 |
|
255,774 |
|
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| The above results do not reflect GAAP, but are supplied to provide a meaningful operating comparison to results for the same period the prior year. |
| |
| Return to the 2001 Fourth Quarter Earnings Release |
###
Copyright © 2001 Adobe Systems Incorporated. All rights reserved. Adobe and the Adobe logo are trademarks of Adobe Systems Incorporated. All other trademarks are properties of their respective owners.
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