AAPL » Topics » Pro Forma Financial Information

These excerpts taken from the AAPL 10-K filed Dec 19, 2003.

Pro Forma Financial Information

The unaudited pro forma financial information below presents the condensed consolidated financial results of the Company assuming that PowerSchool and Spruce, acquired in 2001, had been acquired at the

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beginning of 2001 and includes the effect of amortization of goodwill and other acquired identifiable intangible assets from that date. The impact of the charge for IPR&D associated with the acquisition of PowerSchool has been excluded. This pro forma financial information is presented for informational purposes only and is not necessarily indicative of the results of future operations that would have been achieved had the acquisitions taken place at the beginning of 2001. Pro forma information follows (in millions, except per share amounts):

 
  2001
 
Net sales   $ 5,370  
Net loss   $ (44 )
Basic loss per common share   $ (0.13 )
Diluted loss per common share   $ (0.13 )

Pro Forma Financial Information



The unaudited pro forma financial information below presents the condensed consolidated financial results of the Company assuming that PowerSchool and Spruce, acquired in 2001,
had been acquired at the



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beginning
of 2001 and includes the effect of amortization of goodwill and other acquired identifiable intangible assets from that date. The impact of the charge for IPR&D associated with the
acquisition of PowerSchool has been excluded. This pro forma financial information is presented for informational purposes only and is not necessarily indicative of the results of future operations
that would have been achieved had the acquisitions taken place at the beginning of 2001. Pro forma information follows (in millions, except per share amounts):







































 
 2001
 
Net sales $5,370 
Net loss $(44)
Basic loss per common share $(0.13)
Diluted loss per common share $(0.13)




These excerpts taken from the AAPL 10-K filed Dec 19, 2002.

Pro Forma Financial Information

The unaudited pro forma financial information below presents the condensed consolidated financial results of the Company assuming that PowerSchool and Spruce, acquired in 2001, had been acquired at the beginning of 2000 and includes the effect of amortization of goodwill and other acquired identifiable intangible assets from that date. The impact of the charge for IPR&D associated with the acquisition of PowerSchool has been excluded. This pro forma financial information is presented for informational purposes only and is not necessarily indicative of the results of future operations that would have been achieved had the acquisitions taken place at the beginning of 2000. Pro forma information follows (in millions, except per share amounts):

 
  2001
  2000
Net sales   $ 5,370   $ 7,994
Net income (loss)   $ (44 ) $ 767
Basic earnings (loss) per common share   $ (0.13 ) $ 2.35
Diluted earnings (loss) per common share   $ (0.13 ) $ 2.11

Pro Forma Financial Information



The unaudited pro forma financial information below presents the condensed consolidated financial results of the Company assuming that PowerSchool and Spruce, acquired in 2001,
had been acquired at the beginning of 2000 and includes the effect of amortization of goodwill and other acquired identifiable intangible assets from that date. The impact of the charge for IPR&D
associated with the acquisition of PowerSchool has been excluded. This pro forma financial information is presented for informational purposes only and is not necessarily indicative of the results of
future operations that would have been achieved had the acquisitions taken place at the beginning of 2000. Pro forma information follows (in millions, except per share amounts):
















































 
 2001
 2000
Net sales $5,370 $7,994
Net income (loss) $(44)$767
Basic earnings (loss) per common share $(0.13)$2.35
Diluted earnings (loss) per common share $(0.13)$2.11




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