|
|
 |
(in thousands except per share data)
|
Fiscal year ended January 31, |
|
|
|
|
|
|
|
|
|
2002
|
|
|
|
2001
|
|
|
|
2000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
License fees |
|
$
|
597,909
|
|
$
|
476,573
|
|
$
|
292,855
|
|
|
Services |
|
|
377,984 |
|
|
343,187 |
|
|
171,555 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenues |
|
|
975,893 |
|
|
819,760 |
|
|
464,410 |
|
|
|
|
|
|
|
|
Cost of revenues: |
|
|
|
|
|
|
|
|
|
|
|
Cost of license fees |
|
|
21,087 |
|
|
19,724 |
|
|
6,445 |
|
|
Cost of services |
|
|
182,678 |
|
|
197,567 |
|
|
98,005 |
|
|
Amortization of acquired
intangible assets
|
|
|
26,324 |
|
|
38,466 |
|
|
30,391 |
|
|
Impairment of acquired
intangible assets
|
|
|
7,082 |
|
|
— |
|
|
— |
|
|
Severance charges |
|
|
2,461 |
|
|
— |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total cost of revenues |
|
|
239,632 |
|
|
255,757 |
|
|
134,841 |
|
|
|
|
|
|
|
|
Gross profit |
|
|
736,261 |
|
|
564,003 |
|
|
329,569 |
|
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
Sales and marketing |
|
|
400,860 |
|
|
335,501 |
|
|
211,445 |
|
|
Research and development |
|
|
120,875 |
|
|
89,247 |
|
|
60,972 |
|
|
General and administrative |
|
|
75,671 |
|
|
57,611 |
|
|
38,065 |
|
|
Amortization of goodwill |
|
|
46,384 |
|
|
59,192 |
|
|
15,764 |
|
|
Facilities consolidation and
severance charges
|
|
|
37,992 |
|
|
— |
|
|
— |
|
|
Impairment of goodwill |
|
|
73,068 |
|
|
— |
|
|
— |
|
|
Acquisition-related charges |
|
|
— |
|
|
2,200 |
|
|
3,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
|
754,850 |
|
|
543,751 |
|
|
329,246 |
|
|
|
|
|
|
|
|
Income (loss) from operations |
|
|
(18,589 |
) |
|
20,252 |
|
|
323 |
|
|
Interest expense |
|
|
(22,259 |
) |
|
(22,910 |
) |
|
(20,417 |
) |
|
Interest income and other, net
(see Note 7 – Related Party
Transaction in 10K PDF)
|
|
|
36,580 |
|
|
50,120 |
|
|
14,437 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) before provision
for income taxes
|
|
|
(4,268 |
) |
|
47,462 |
|
|
(5,657 |
) |
|
Provision for income taxes |
|
|
31,410 |
|
|
30,380 |
|
|
13,917 |
|
|
|
|
|
|
|
|
Net income (loss) |
|
|
(35,678 |
) |
|
17,082 |
|
|
(19,574 |
) |
|
Other comprehensive income
(loss):
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation
adjustments
|
|
|
(5,427 |
) |
|
(213 |
) |
|
(395 |
) |
|
Unrealized gain (loss) on
available-for-sale
investments, net of income
taxes of $203, $(12), and
$(124), respectively |
|
|
474 |
|
|
(29 |
) |
|
(290 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income (loss) |
|
$ |
(40,631 |
) |
$ |
16,840 |
|
$ |
(20,259 |
) |
|
|
|
|
|
|
|
Net income (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
(0.09 |
) |
$ |
0.05 |
|
$ |
(0.06 |
) |
|
|
|
|
|
|
|
Diluted |
|
$ |
(0.09 |
) |
$ |
0.04 |
|
$ |
(0.06 |
) |
|
|
|
|
|
|
|
Shares used in computing net
income (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
396,498 |
|
|
377,070 |
|
|
310,817 |
|
|
|
|
|
|
|
|
Diluted |
|
|
396,498 |
|
|
412,700 |
|
|
310,817 |
|
|
|
|
|
|
|
|
|
 
|
