XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Product and licenses $ 195,690 $ 193,880 $ 561,971 $ 515,466
Software as a service 129,659 109,558 375,902 315,809
License updates and maintenance 285,051 238,710 [1] 822,113 691,771 [1]
Professional services 31,022 23,200 [2] 86,141 63,980 [2]
Total net revenues 641,422 565,348 1,846,127 1,587,026
Cost of net revenues:        
Cost of product license revenues 24,218 22,345 63,876 54,834
Cost of services and maintenance revenues 58,920 42,665 166,328 116,745
Amortization of product related intangible assets 22,930 14,679 56,565 39,920
Total cost of net revenues 106,068 79,689 286,769 211,499
Gross margin 535,354 485,659 1,559,358 1,375,527
Operating expenses:        
Research and development 114,713 96,676 328,363 278,598
Sales, marketing and services 263,136 223,967 773,732 640,907
General and administrative 65,252 55,907 186,407 162,970
Amortization of other intangibles 9,838 4,430 25,499 11,876
Restructuring 0 [3] 0 [3] 0 [3] 24 [3]
Total operating expenses 452,939 380,980 1,314,001 1,094,375
Income from operations 82,415 104,679 245,357 281,152
Interest income 2,059 3,085 7,965 10,751
Other income, net 6,424 (4,946) 7,671 48
Income before income taxes 90,898 102,818 260,993 291,951
Income taxes 12,653 10,642 22,475 45,020
Consolidated net income 78,245 92,176 238,518 246,931
Less: Net loss attributable to non-controlling interest 0 0 0 692
Net income attributable to Citrix Systems, Inc. $ 78,245 $ 92,176 $ 238,518 $ 247,623
Net income per share attributable to Citrix Systems, Inc. stockholders:        
Net income per share attributable to Citrix Systems, Inc. stockholders - basic $ 0.42 $ 0.49 $ 1.28 $ 1.32
Net income per share attributable to Citrix Systems, Inc. stockholders - diluted $ 0.41 $ 0.49 $ 1.26 $ 1.30
Weighted average shares outstanding:        
Basic 186,864 186,979 186,326 187,688
Diluted 189,671 189,730 189,282 191,155
[1] License updates and maintenance is comprised of license updates, hardware and software maintenance and technical support.
[2] Professional services is comprised of consulting services and product training and certification.
[3] Represents expenses presented to management on a consolidated basis only and not allocated to the operating segments.