Pro forma Results
(In thousands, except per share data)
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 3 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.
      Three Months Ended  
      March 1

  March 2

Income before income taxes    $73,247   $104,113  
Acquired in-process research and development 5,359 --
Amortization of goodwill and purchased intangibles   3,541   3,582  
Investment (gain) loss (4,533) 17,038

Pro forma income before 77,614 124,733
income taxes
Income tax provision   24,836   41,162  

Pro forma net income   52,778   83,571  
Basic pro forma net income per share   $.22   $.35   


Shares used in computing basic net income per share   236,581   240,078  

Diluted net income per share   $.22   $.33  


Shares used in computing diluted net income per share   245,245   253,609  


The above results do not reflect GAAP, but are supplied to provide an alternative measure of our operating results.
Return to the 2002 First Quarter Earnings Release


Copyright © 2002 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.

Back To Top