2010 Form 10-K Financial Statement
#000119312511075314 Filed on March 23, 2011
Income Statement
| Concept | 2010 | 2009 |
|---|---|---|
| Revenue | $1.306B | $1.077B |
| YoY Change | 21.26% | 43.79% |
| Cost Of Revenue | $257.9M | $220.5M |
| YoY Change | 16.99% | 28.49% |
| Gross Profit | $1.048B | $856.0M |
| YoY Change | 22.43% | 48.35% |
| Gross Profit Margin | 80.25% | 79.48% |
| Selling, General & Admin | $800.0M | $693.0M |
| YoY Change | 15.44% | 40.57% |
| % of Gross Profit | 76.34% | 80.96% |
| Research & Development | $132.0M | $100.0M |
| YoY Change | 32.0% | 56.25% |
| % of Gross Profit | 12.6% | 11.68% |
| Depreciation & Amortization | $53.20M | $36.00M |
| YoY Change | 47.78% | 48.76% |
| % of Gross Profit | 5.08% | 4.21% |
| Operating Expenses | $932.4M | $792.6M |
| YoY Change | 17.64% | 42.34% |
| Operating Profit | $115.6M | $63.44M |
| YoY Change | 82.23% | 214.08% |
| Interest Expense | $28.00M | $23.00M |
| YoY Change | 21.74% | -4.17% |
| % of Operating Profit | 24.22% | 36.25% |
| Other Income/Expense, Net | -$1.000M | -$1.000M |
| YoY Change | 0.0% | |
| Pretax Income | $142.0M | $86.00M |
| YoY Change | 65.12% | 86.96% |
| Income Tax | $58.00M | $38.00M |
| % Of Pretax Income | 40.85% | 44.19% |
| Net Earnings | $81.00M | $43.00M |
| YoY Change | 88.37% | 138.89% |
| Net Earnings / Revenue | 6.2% | 3.99% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $158.2K | $85.83K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 | 2009 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.242B | $698.0M |
| YoY Change | 77.94% | 54.77% |
| Cash & Equivalents | $1.011B | $484.0M |
| Short-Term Investments | $231.0M | $214.0M |
| Other Short-Term Assets | $143.0M | $104.0M |
| YoY Change | 37.5% | 48.57% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $321.0M | $267.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.706B | $1.069B |
| YoY Change | 59.59% | 44.26% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $90.00M | $77.00M |
| YoY Change | 16.88% | 87.8% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $491.0M | $185.0M |
| YoY Change | 165.41% | -15.53% |
| Other Assets | $82.00M | $65.00M |
| YoY Change | 26.15% | 18.18% |
| Total Long-Term Assets | $754.0M | $411.0M |
| YoY Change | 83.45% | 17.77% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.706B | $1.069B |
| Total Long-Term Assets | $754.0M | $411.0M |
| Total Assets | $2.460B | $1.480B |
| YoY Change | 66.22% | 35.78% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $15.00M | $16.00M |
| YoY Change | -6.25% | 128.57% |
| Accrued Expenses | $203.0M | $167.0M |
| YoY Change | 21.56% | 28.46% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $908.0M | $767.0M |
| YoY Change | 18.38% | 26.57% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $450.0M | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $28.00M | $18.00M |
| YoY Change | 55.56% | 28.57% |
| Total Long-Term Liabilities | $478.0M | $18.00M |
| YoY Change | 2555.56% | 28.57% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $908.0M | $767.0M |
| Total Long-Term Liabilities | $478.0M | $18.00M |
| Total Liabilities | $1.416B | $808.0M |
| YoY Change | 75.25% | 26.65% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.044B | $672.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.460B | $1.480B |
| YoY Change | 66.22% | 35.78% |
Cashflow Statement
| Concept | 2010 | 2009 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $81.00M | $43.00M |
| YoY Change | 88.37% | 138.89% |
| Depreciation, Depletion And Amortization | $53.20M | $36.00M |
| YoY Change | 47.78% | 48.76% |
| Cash From Operating Activities | $270.9M | $229.6M |
| YoY Change | 17.99% | 12.38% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$53.90M | -$61.10M |
| YoY Change | -11.78% | 40.14% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$324.7M | -$38.30M |
| YoY Change | 747.78% | -35.3% |
| Cash From Investing Activities | -$378.6M | -$99.40M |
| YoY Change | 280.89% | -3.21% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 637.2M | 75.30M |
| YoY Change | 746.22% | -18.77% |
| NET CHANGE | ||
| Cash From Operating Activities | 270.9M | 229.6M |
| Cash From Investing Activities | -378.6M | -99.40M |
| Cash From Financing Activities | 637.2M | 75.30M |
| Net Change In Cash | 529.5M | 205.5M |
| YoY Change | 157.66% | 5.76% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $270.9M | $229.6M |
| Capital Expenditures | -$53.90M | -$61.10M |
| Free Cash Flow | $324.8M | $290.7M |
| YoY Change | 11.73% | 17.27% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
Operating Expenses
OperatingExpenses
|
792556000 | |
| CY2010 | us-gaap |
Operating Expenses
OperatingExpenses
|
932386000 | |
| CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
1235829000 | |
| CY2011Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
102462000 | |
| CY2010 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
195290000 | |
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
130222000 | |
| CY2009 | crm |
Cost Of Revenue Subscription And Support
CostOfRevenueSubscriptionAndSupport
|
127082000 | |
| CY2010 | crm |
Cost Of Revenue Subscription And Support
CostOfRevenueSubscriptionAndSupport
|
159172000 | |
| CY2009 | us-gaap |
Cost Of Services
CostOfServices
|
93389000 | |
| CY2010Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
575000000 | |
| CY2011Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
575000000 | |
| CY2010Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
124802000 | |
| CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
255913000 | |
| CY2011 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
792029000 |
