TABLE - Novell Inc (NASDAQ:NOVL) Oct 31 Q4
(In thousands, except per share data)
Fourth Fiscal Quarter Ended Fiscal Year Ended
Oct 31, Oct 26, Oct 31, Oct 26,
1997 1996 1997 1996
Net sales $269,283 $383,666 $1,007,311 $1,374,856
Cost of sales 62,630 66,518 277,446 306,761
Gross profit 206,653 317,148 729,865 1,068,095
Operating expenses
Sales and marketing
101,767 143,236 443,494 518,846
Product development
73,053 66,926 282,680 275,627
General and
administrative 37,402 38,668 148,360 146,236
Restructuring charges
-- -- 55,335 18,442
Total operating
expenses 212,222 248,830 929,869 959,151
Income (loss) from
operations (5,569) 68,318 (200,004) 108,944
Other income (expense)
Investment income
20,161 16,480 61,315 58,195
Gain on sale
of assets -- -- -- 19,815
Other, net (802) (1,856) (11,881) (6,966)
Other income, net 19,359 14,624 49,434 71,044
Income (loss)
before taxes 13,790 82,942 (150,570) 179,988
Income taxes 6,619 23,912 (72,274) 53,997
Net income (loss) 7,171 59,030 ( 78,296) 125,991
Weighted average
shares O/S 353,337 345,520 349,429 357,919
Net income (loss)
per share 0.02 0.17 ( 0.22) 0.35 |
