Financial Summary (All financials)
In millions, except per share items | Oct-29-16 | Oct-31-15 | Nov-01-14 | Oct-26-13 | Oct-27-12 | Oct-29-11 | Oct-30-10 | Oct-31-09 |
Revenues | 2,345.6 | 2,263.5 | 2,211.3 | 2,222.9 | 2,237.8 | 2,147.4 | 2,091.2 | 1,950.4 |
Revenue growth | 3.6% | 2.4% | -0.5% | -0.7% | 4.2% | 2.7% | 7.2% | 33.0% |
Cost of goods sold | 829.3 | 735.4 | 745.5 | 814.0 | 2,564.3 | 2,591.7 | 2,580.1 | 2,869.8 |
Gross profit | 1,516.3 | 1,528.1 | 1,465.8 | 1,408.9 | -326.5 | -444.3 | -488.9 | -919.4 |
Gross margin | 64.6% | 67.5% | 66.3% | 63.4% | -14.6% | -20.7% | -23.4% | -47.1% |
Sales and marketing | 641.4 | 585.2 | 554.5 | 567.6 | 608.5 | 608.5 | 534.5 | 385.2 |
Research and development | 413.2 | 356.7 | 345.5 | 378.5 | 363.1 | 354.4 | 354.3 | 354.8 |
General and administrative | 110.6 | 87.6 | 84.9 | 74.5 | 74.6 | 69.5 | 67.8 | 85.0 |
EBITA | 351.1 | 498.5 | 480.8 | 393.3 | 336.8 | 251.1 | 335.8 | 269.5 |
EBITA margin | 15.0% | 22.0% | 21.7% | 17.7% | 15.1% | 11.7% | 16.1% | 13.8% |
Amortization of intangibles | 15.7 | 2.6 | 10.3 | 54.3 | 59.2 | 60.7 | 126.9 | 134.5 |
EBIT | 335.4 | 495.9 | 470.5 | 339.0 | 277.6 | 190.4 | 208.9 | 135.0 |
EBIT margin | 14.3% | 21.9% | 21.3% | 15.3% | 12.4% | 8.9% | 10.0% | 6.9% |
Pre-tax income | 262.0 | 439.1 | 353.6 | 330.5 | 224.4 | 79.4 | 107.0 | -76.6 |
Income taxes | 48.1 | 98.7 | 115.7 | 121.8 | 29.2 | 28.8 | -9.6 | 6.6 |
Tax rate | 18.4% | 22.5% | 32.7% | 36.9% | 13.0% | 36.3% | | |
Net income | 213.8 | 340.4 | 238.0 | 208.6 | 195.2 | 50.6 | 116.5 | -83.2 |
Net margin | 9.1% | 15.0% | 10.8% | 9.4% | 8.7% | 2.4% | 5.6% | -4.3% |
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Diluted EPS | $0.51 | $0.79 | $0.53 | $0.45 | $0.41 | $0.10 | $0.24 | ($0.21) |
Shares outstanding (diluted) | 417.1 | 430.6 | 446.9 | 463.7 | 472.3 | 497.0 | 482.7 | 398.9 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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