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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
CITRIX SYSTEMS, INC.
SUPPLEMENTAL FINANCIAL INFORMATION
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Total Year
 (In thousands, except per share amounts)
2019
Net revenues$719,143  $748,697  $732,901  $809,823  $3,010,564  
Gross margin611,670  638,218  605,983  690,646  2,546,517  
Income from operations122,844  117,082  110,831  185,361  536,118  
Net income 110,348  93,495  270,857  207,113  681,813  
Earnings per share - basic0.84  0.71  2.08  1.59  5.21  
Earnings per share - diluted0.78  0.70  2.04  1.56  5.03  
 
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Total Year
 (In thousands, except per share amounts)
2018
Net revenues$697,192  $742,365  $732,476  $801,870  $2,973,903  
Gross margin588,906  633,616  628,559  689,019  2,540,100  
Income from operations165,563  145,147  164,779  202,471  677,960  
Net income144,259  106,833  158,857  165,718  575,667  
Earnings per share - basic1.04  0.79  1.18  1.24  4.23  
Earnings per share - diluted0.99  0.73  1.08  1.15  3.94  
The sum of the quarterly net income per share amounts may differ from the annual earnings per share amount due to the weighting of common and common equivalent shares outstanding during each of the respective periods.