filings.toolsItem 6. SELECTED FINANCIAL DATA
7K characters. Original on sec.gov · Markdown
Item 6. SELECTED FINANCIAL DATA
The selected financial information for the fiscal years ended June 30, 2014, 2013, and 2012 and as of June 30, 2014 and 2013, was derived from audited consolidated financial statements included in this amended filing and has been revised for the effects of the restatement more fully described in Note 15 - Restatement of Consolidated Financial Statements which is included in "Financial Statements and Supplementary Data" in Item 8 of this 2014 Amended Annual Report on Form 10-K/A. The selected financial information for the years ended June 30, 2011 and 2010 and as of June 30, 2012, 2011 and 2010 was derived from previously audited consolidated financial statements not included in this filing; however, such financial information has been similarly revised for the effects of the restatement.
The following selected financial data should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements and related notes thereto, especially as the information pertains to 2012, 2011 and 2010 activity.
| Selected Financial Data | ||||||||||||||||||||
| (In Thousands, Except Per Share Data) | ||||||||||||||||||||
| YEAR ENDED JUNE 30, | ||||||||||||||||||||
| Income Statement Data | 2014 As Restated (2) | 2013 As Restated (2) | 2012 As Restated (2) (3) | 2011 As Restated (3) | 2010 As Restated (3) | |||||||||||||||
| Revenue (1) | $ | 1,173,173 | $ | 1,107,524 | $ | 1,017,667 | $ | 946,394 | $ | 832,777 | ||||||||||
| Income from continuing operations | $ | 186,715 | $ | 167,610 | $ | 152,040 | $ | 128,394 | $ | 116,722 | ||||||||||
| Basic net income per share, continuing operations | $ | 2.20 | $ | 1.95 | $ | 1.76 | $ | 1.49 | $ | 1.38 | ||||||||||
| Diluted net income per share, continuing operations | $ | 2.19 | $ | 1.94 | $ | 1.74 | $ | 1.48 | $ | 1.37 | ||||||||||
| Dividends declared per share | $ | 0.840 | $ | 0.560 | $ | 0.440 | $ | 0.400 | $ | 0.360 | ||||||||||
| Balance Sheet Data | ||||||||||||||||||||
| Total deferred revenue | $ | 492,868 | $ | 439,596 | $ | 409,139 | $ | 398,800 | $ | 358,811 | ||||||||||
| Total assets | $ | 1,680,703 | $ | 1,672,386 | $ | 1,655,652 | $ | 1,537,158 | $ | 1,586,168 | ||||||||||
| Long-term debt | $ | 3,729 | $ | 7,366 | $ | 106,166 | $ | 127,939 | $ | 272,732 | ||||||||||
| Stockholders’ equity | $ | 967,387 | $ | 1,015,816 | $ | 935,738 | $ | 835,403 | $ | 715,076 |
(1) Revenue includes license sales, support and service revenues, and hardware sales, less returns and allowances.
(2) The effects of the restatement on the Company's consolidated balance sheets as of June 30, 2014 and 2013 and consolidated statements of income for the fiscal years ended June 30, 2014, 2013 and 2012 are described in the “Explanatory Note” immediately preceding Part I, Item 1A and Note 15, “Restatement of Consolidated Financial Statements,” in Notes to Consolidated Financial Statements of this Form 10-K/A.
(3) Selected Financial Data for the fiscal years ended June 30, 2012, 2011 and 2010 has also been restated to reflect adjustments related to the errors described in the “Explanatory Note” immediately preceding Part I, Item 1A of this Form 10-K. The effects of the restatement on the Company's consolidated balance sheets as of June 30, 2012, 2011 and 2010 and consolidated statements of income for the fiscal years ended June 30, 2011 and 2010 are shown below.
| YEAR ENDED JUNE 30, 2012 | ||||||||||||
| Balance Sheet Data | As Reported | Effect of Restatement | As Restated | |||||||||
| Total deferred revenue | $ | 296,000 | $ | 113,139 | $ | 409,139 | ||||||
| Total assets | $ | 1,619,492 | $ | 36,160 | $ | 1,655,652 | ||||||
| Long-term debt | $ | 106,166 | $ | — | $ | 106,166 | ||||||
| Stockholders’ equity | $ | 983,056 | $ | (47,318 | ) | $ | 935,738 |
| YEAR ENDED JUNE 30, 2011 | ||||||||||||
| Income Statement Data | As Reported | Effect of Restatement | As Restated | |||||||||
| Revenue (1) | $ | 966,897 | $ | (20,503 | ) | $ | 946,394 | |||||
| Income from continuing operations | $ | 137,471 | $ | (9,077 | ) | $ | 128,394 | |||||
| Basic net income per share, continuing operations | $ | 1.60 | $ | (0.11 | ) | $ | 1.49 | |||||
| Diluted net income per share, continuing operations | $ | 1.59 | $ | (0.10 | ) | $ | 1.48 | |||||
| Dividends declared per share | $ | 0.400 | $ | — | $ | 0.400 | ||||||
| Balance Sheet Data | ||||||||||||
| Total deferred revenue | $ | 295,104 | $ | 103,696 | $ | 398,800 | ||||||
| Total assets | $ | 1,505,797 | $ | 31,361 | $ | 1,537,158 | ||||||
| Long-term debt | $ | 127,939 | $ | — | $ | 127,939 | ||||||
| Stockholders’ equity | $ | 879,776 | $ | (44,373 | ) | $ | 835,403 |
| YEAR ENDED JUNE 30, 2010 | ||||||||||||
| Income Statement Data | As Reported | Effect of Restatement | As Restated | |||||||||
| Revenue (1) | $ | 836,586 | $ | (3,809 | ) | $ | 832,777 | |||||
| Income from continuing operations | $ | 117,870 | $ | (1,148 | ) | $ | 116,722 | |||||
| Basic net income per share, continuing operations | $ | 1.39 | $ | (0.01 | ) | $ | 1.38 | |||||
| Diluted net income per share, continuing operations | $ | 1.38 | $ | (0.01 | ) | $ | 1.37 | |||||
| Dividends declared per share | $ | 0.360 | $ | — | $ | 0.360 | ||||||
| Balance Sheet Data | ||||||||||||
| Total deferred revenue | $ | 275,617 | $ | 83,194 | $ | 358,811 | ||||||
| Total assets | $ | 1,560,560 | $ | 25,608 | $ | 1,586,168 | ||||||
| Long-term debt | $ | 272,732 | $ | — | $ | 272,732 | ||||||
| Stockholders’ equity | $ | 750,372 | $ | (35,296 | ) | $ | 715,076 |
Previous: Item 1A. RISK FACTORS · Next: Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS