ADBE » Topics » Research and Development

This excerpt taken from the ADBE 10-Q filed Apr 4, 2008.

Research and Development

 
  2008
  2007
  Percent
Change

 
Expenses   $ 168.5   $ 137.1   23 %
  Percentage of total revenue     19 %   21 %    

        Research and development expenses consist primarily of salary and benefit expenses for software developers, contracted development efforts, related facilities costs and expenses associated with computer equipment used in software development.

        Research and development expenses fluctuated due to the following:

 
  % Change
2007 to 2008
QTD

 
Increased compensation and related benefits associated with headcount growth   10 %
Increased compensation associated with higher incentive compensation and stock-based compensation   8  
Increased depreciation and amortization   1  
Increased facility costs   1  
Various individually insignificant items   3  
   
 
  Total change   23 %
   
 

        We believe that investments in research and development, including the recruiting and hiring of software developers, are critical to remain competitive in the marketplace and are directly related to continued timely development of new and enhanced products. We will continue to focus on long-term opportunities available in our end markets and make significant investments in the development of our desktop application and server-based software products.

These excerpts taken from the ADBE 10-K filed Jan 24, 2008.

Research and Development

 
  Fiscal
2007

  % Change
2007 to 2006

  Fiscal
2006

  % Change
2006 to 2005

  Fiscal
2005

 
Expenses   $ 613.2   14 % $ 539.7   48 % $ 365.3  
  Percentage of total revenue     19 %       21 %       19 %

        Research and development expenses consist primarily of salary and benefit expenses for software developers, contracted development efforts, related facilities costs and expenses associated with computer equipment used in software development.

        Research and development expenses fluctuated due to the following:

 
  % Change
2007 to 2006

  % Change
2006 to 2005

 
Increased compensation and related benefits associated with headcount growth   9 % 21 %
Increased compensation associated with incentive compensation and stock-based compensation   5   16  
Increased facility costs related to acquisition of Macromedia     5  
Increased professional fees and contractor costs     1  
Increased repairs and maintenance     1  
Increased purchases of equipment and software licenses     1  
Various individually insignificant items     3  
   
 
 
  Total change   14 % 48 %
   
 
 

        The increase in compensation for fiscal 2007 relates to higher expense for profit sharing and employee bonuses based on company performance.

        We believe that investments in research and development, including the recruiting and hiring of software developers, are critical to remain competitive in the marketplace and are directly related to continued timely development of new and enhanced products. We will continue to focus on long-term opportunities available in our end markets and make significant investments in the development of our desktop application and server-based software products.

60


Research and Development






















































 
 Fiscal

2007

 % Change

2007 to 2006

 Fiscal

2006

 % Change

2006 to 2005

 Fiscal

2005

 
Expenses $613.2 14%$539.7 48%$365.3 
 Percentage of total revenue  19%   21%   19%




        Research
and development expenses consist primarily of salary and benefit expenses for software developers, contracted development efforts, related facilities costs and expenses
associated with computer equipment used in software development.



        Research
and development expenses fluctuated due to the following:






























































































 
 % Change

2007 to 2006

 % Change

2006 to 2005

 
Increased compensation and related benefits associated with headcount growth 9%21%
Increased compensation associated with incentive compensation and stock-based compensation 5 16 
Increased facility costs related to acquisition of Macromedia  5 
Increased professional fees and contractor costs  1 
Increased repairs and maintenance  1 
Increased purchases of equipment and software licenses  1 
Various individually insignificant items  3 
  
 
 
 Total change 14%48%
  
 
 




        The
increase in compensation for fiscal 2007 relates to higher expense for profit sharing and employee bonuses based on company performance.



        We
believe that investments in research and development, including the recruiting and hiring of software developers, are critical to remain competitive in the marketplace and are
directly related to continued timely development of new and enhanced products. We will continue to focus on long-term opportunities available in our end markets and make significant
investments in the development of our desktop application and server-based software products.



60










This excerpt taken from the ADBE 10-K filed Feb 8, 2006.

Research and Development

 
  Fiscal
2005

  % Change
2005 to 2004

  Fiscal
2004

  % Change
2004 to 2003

  Fiscal
2003

 
Expenses   $ 365.3   17 % $ 311.3   12 % $ 277.0  
  Percentage of total revenues     19 %       19 %       21 %

        Research and development expenses consist of salary and benefit expenses for software developers, contracted development efforts, related facilities costs and expenses associated with computer equipment used in software development.

        Research and development expenses fluctuated due to the following:

 
  % Change
2005 to 2004

  % Change
2004 to 2003

 
Compensation and related benefits associated with headcount growth and higher incentive compensation   10 % 8 %
Increased use of contractors   1    
Increased purchases of equipment and software licenses   2    
Various individually insignificant items   4   4  
   
 
 
  Total change   17 % 12 %
   
 
 

        We believe that investments in research and development, including the recruiting and hiring of software developers, are critical to remain competitive in the marketplace and are directly related to continued timely development of new and enhanced products. We will continue to focus on long-term opportunities available in our end markets and make significant investments in the development of our software products.

49



This excerpt taken from the ADBE 10-K filed Feb 2, 2005.

Research and Development

 
  Fiscal
2004

  % Change
2004 to 2003

  Fiscal
2003

  % Change
2003 to 2002

  Fiscal
2002

 
Expenses   $ 311.3   12 % $ 277.0   13 % $ 246.1  
  Percentage of total revenues     19 %       21 %       21 %

        Research and development expenses consist principally of compensation and benefit expenses for software developers, contracted development efforts, related facilities costs, and expenses associated with computer equipment used in software development.

        Research and development expenses increased 8% during fiscal 2004 as compared to fiscal 2003 due to compensation and related benefits associated with headcount growth and higher incentive compensation. The remaining increase in research and development expenses for fiscal 2004 was due to various individually insignificant items.

        Research and development expenses increased 7% during fiscal 2003 as compared to fiscal 2002 due to compensation and related benefits associated with headcount growth and higher incentive compensation and increased 2% due to an accrual for major product releases. The remaining increase in research and development expenses during fiscal 2003 was due to various individually insignificant items.

        We believe that investments in research and development, including the recruiting and hiring of software developers, are critical to remain competitive in the marketplace and are directly related to continued timely development of new and enhanced products. We will continue to focus on long-term opportunities available in our end markets and make significant investments in the development of our desktop application and server-based software products.

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