AVID Financials 07/16/2014 18:24:50 Avid Technolo

AVID Financials 07/16/2014 18:24:50
Avid Technology, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 677,936 678,522
Cost of Revenue 320,910 327,774
Gross Profit 357,026 350,748
Operating Expenses
Research and Development 118,108 120,229
Sales, General and Admin. 241,716 241,523
Non-Recurring Items 8,858 20,450
Other 8,528 9,743
Operating Income (20,781) (36,168)
Income From Continuing Operations
Add'l Income/Expense Items (612) 5,503
Earnings Before Interest and Tax (20,796) (35,694)
Interest Expense 2,053 864
Earnings Before Tax (22,849) (36,558)
Income Tax 942 396
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (23,791) (36,954)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (23,791) (36,954)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (23,791) (36,954)