|
OPEN TEXT CORPORATION CONSOLIDATED STATEMENTS OF INCOME (In thousands of U.S. dollars, except share and per share data) |
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|
Year Ended June 30, |
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|
2015 |
2014 |
2013 |
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Revenues: |
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|
License |
$ |
294,266 |
$ |
305,846 |
$ |
272,985 |
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|
Cloud services and subscriptions |
605,309 |
373,400 |
180,412 |
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|
Customer support |
731,797 |
707,024 |
658,216 |
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|
Professional service and other |
220,545 |
238,429 |
251,723 |
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|
Total revenues |
1,851,917 |
1,624,699 |
1,363,336 |
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|
Cost of revenues: |
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|
License |
12,899 |
13,161 |
15,995 |
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|
Cloud services and subscriptions |
239,719 |
142,666 |
73,464 |
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|
Customer support |
94,766 |
95,979 |
106,172 |
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|
Professional service and other |
173,399 |
189,947 |
196,663 |
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|
Amortization of acquired technology-based intangible assets |
81,002 |
69,917 |
93,610 |
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|
Total cost of revenues |
601,785 |
511,670 |
485,904 |
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|
Gross profit |
1,250,132 |
1,113,029 |
877,432 |
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|
Operating expenses: |
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|
Research and development |
196,491 |
176,834 |
164,010 |
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|
Sales and marketing |
369,920 |
345,643 |
289,157 |
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|
General and administrative |
163,042 |
142,450 |
109,325 |
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|
Depreciation |
50,906 |
35,237 |
24,496 |
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|
Amortization of acquired customer-based intangible assets |
108,239 |
81,023 |
68,745 |
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|
Special charges |
12,823 |
31,314 |
24,034 |
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|
Total operating expenses |
901,421 |
812,501 |
679,767 |
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|
Income from operations |
348,711 |
300,528 |
197,665 |
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|
Other income (expense), net |
(28,047) |
3,941 |
(2,473) |
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|
Interest and other related expense, net |
(54,620) |
(27,934) |
(16,982) |
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|
Income before income taxes |
266,044 |
276,535 |
178,210 |
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|
Provision for income taxes |
31,638 |
58,461 |
29,690 |
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|
Net income for the period |
$ |
234,406 |
$ |
218,074 |
$ |
148,520 |
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|
Net (income) loss attributable to non-controlling interests |
(79) |
51 |
— |
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|
Net income attributable to OpenText |
$ |
234,327 |
$ |
218,125 |
$ |
148,520 |
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|
Earnings per share—basic attributable to OpenText |
$ |
1.92 |
$ |
1.82 |
$ |
1.27 |
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|
Earnings per share—diluted attributable to OpenText |
$ |
1.91 |
$ |
1.81 |
$ |
1.26 |
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|
Weighted average number of Common Shares outstanding—basic |
122,092 |
119,674 |
117,208 |
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|
Weighted average number of Common Shares outstanding—diluted |
122,957 |
120,576 |
118,124 |
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|
Dividends declared per Common Share |
$ |
0.7175 |
$ |
0.6225 |
$ |
0.1500 |
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