|
| 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. |
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Three Months Ended |
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| |
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|
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| |
|
|
March 1
2002
|
|
March 2
2001
|
|
| 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 |
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|
|
|
|
|
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Pro forma income before |
|
77,614 |
|
124,733 |
|
|
|
income taxes |
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|
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| Income tax provision |
|
24,836 |
|
41,162 |
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|
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| Pro forma net income |
|
52,778 |
|
83,571 |
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| |
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| Basic pro forma net income per share |
|
$.22 |
|
$.35 |
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| Shares used in computing basic net income per share |
|
236,581 |
|
240,078 |
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| Diluted net income per share |
|
$.22 |
|
$.33 |
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| |
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| Shares used in computing diluted net income per share |
|
245,245 |
|
253,609 |
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| The above results do not reflect GAAP, but are supplied to provide an alternative measure of our operating results. |
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| 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.
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