ARIBA INC (ARBA) [Rocket]

In millions, except per share items	Sep-30-11	Sep-30-10	Sep-30-09	Sep-30-08	Sep-30-07	Sep-30-06	Sep-30-05	Sep-30-04
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Subscription and maintenance	335.1	240.8	222.2		142.3	130.1	123.4	95.7
Other	108.7	79.6	63.5		159.4	166.0	199.6	150.1
Total revenues [+]	443.8	320.4	285.7	328.1	301.7	296.0	323.0	245.8
Services	108.7	79.6	63.5	140.9	274.0	297.5	277.0	154.5
License and maintenance	335.1	240.8	222.2	187.2			47.8	65.7
Revenue growth [+]	38.5%	12.1%	-12.9%	8.7%	1.9%	-8.4%	31.4%	3.8%
Subscription and maintenance	39.2%	8.4%			9.4%	5.4%	29.0%	16.0%
APAC				9.8%	1.0%
Cost of goods sold [+]	161.6	110.2	95.7	148.5	161.4	174.3	175.9	100.2
Cost of services	79.1	54.8	42.2	94.2
Cost of licenses/maintenance agreements	70.5	51.0	47.9	40.1			3.6	2.7
Amortization of intangibles	12.0	4.4	5.6	14.3
Gross profit	282.2	210.2	190.0	179.5	140.3	121.7	147.1	145.6
Gross margin	63.6%	65.6%	66.5%	54.7%	46.5%	41.1%	45.5%	59.2%
Selling, general and administrative [+]	214.6	147.3	135.0	159.8	133.7	115.3	129.0	102.7
Sales and marketing	162.1	114.5	96.3	110.8	93.9	82.5	94.3	76.1
General and administrative	52.4	32.8	38.7	48.9	39.8	32.9	34.7	26.7
Research and development	60.5	46.0	43.5	52.3	51.2	50.1	49.6	54.4
Other operating expenses	0.9	0.1	-10.3	0.2	-17.2	13.5	69.6	17.3
EBITDA [+]	29.5	29.1	35.5	-9.8	-5.7	-33.9	-70.7	-15.1
EBITDA growth	1.3%	-18.1%	-463.7%	70.5%	-83.1%	-52.1%	369.1%	-176.1%
EBITDA margin	6.6%	9.1%	12.4%	-3.0%	-1.9%	-11.4%	-21.9%	-6.1%
Depreciation	10.3	7.9	7.7	22.2	21.1	22.6	29.6	13.2
EBITA	19.2	21.2	27.9	-31.9	-26.8	-56.4	-100.3	-28.3
EBITA margin	4.3%	6.6%	9.8%	-9.7%	-8.9%	-19.1%	-31.0%	-11.5%
Amortization of intangibles	12.9	4.5	6.1	0.7	0.5	0.8	0.8	0.5
EBIT [+]	6.3	16.7	21.8	-32.7	-27.3	-57.2	-101.1	-28.8
EBIT growth	-62.4%	-23.6%	-166.8%	19.5%	-52.2%	-43.4%	251.3%	-73.5%
EBIT margin	1.4%	5.2%	7.6%	-10.0%	-9.1%	-19.3%	-31.3%	-11.7%
Non-recurring items [+]	10.7	1.6	13.5	16.0			247.8	0.1
Asset impairment			3.3				247.8
Legal settlement		-7.0		5.9
In-process research & development								0.1
Other income (expense), net [+]	2.0	-0.6	-5.6	8.4	14.3	10.9	5.8	3.3
Gain (loss) on investments					-0.5			-1.0
Other	2.0	-0.6	-5.6	-0.6
Pre-tax income	-2.4	14.5	2.8	-40.3	-13.0	-46.3	-343.1	-25.5
Income taxes	0.6	1.3	1.1	0.7	1.9	1.5	6.6	-0.3
Tax rate		8.7%	40.0%					1.2%
Minority interest								-0.5
Earnings from continuing ops	-3.0	13.2	1.7	-41.1	-15.0	-47.8	-349.6	-25.2
Earnings from discontinued ops	36.2	3.2	6.5
Net income	33.3	16.4	8.2	-41.1	-15.0	-47.8	-349.6	-25.2
Net margin	7.5%	5.1%	2.9%	-12.5%	-5.0%	-16.1%	-108.2%	-10.3%

Basic EPS [+]	($0.03)	$0.15	$0.02	($0.53)	($0.21)	($0.73)	($5.49)	($0.51)
Growth	-121.4%	662.8%	-103.8%	148.6%	-70.5%	-86.8%	980.3%	-78.8%
Diluted EPS [+]	($0.03)	$0.15	$0.02	($0.53)	($0.21)	($0.73)	($5.49)	($0.51)
Growth	-122.1%	664.6%	-103.7%	148.6%	-70.5%	-86.8%	980.3%	-78.8%

Shares outstanding (basic) [+]	91.2	86.6	82.7	77.3	70.1	65.9	63.7	49.6
Growth	5.3%	4.7%	7.0%	10.3%	6.3%	3.6%	28.3%	11.8%
Shares outstanding (diluted) [+]	91.2	89.2	85.4	77.3	70.1	65.9	63.7	49.6
Growth	2.2%	4.4%	10.5%	10.3%	6.3%	3.6%	28.3%	11.8%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.