v2.3.0.11
Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue        
Product revenue $ 269 [1] $ 223 [1] $ 504 [1] $ 423 [1]
Service revenue 312 247 583 476
Total revenue 581 470 1,087 899
Costs and operating expenses        
Cost of products 93 71 172 143
Cost of services 172 131 324 252
Selling, general and administrative expenses 165 126 315 244
Research and development expenses 41 36 75 68
Total costs and operating expenses 471 364 886 707
Income from operations 110 106 201 192
Other income, net 27 0 26 0
Income before income taxes 137 106 227 192
Income tax expense 34 32 59 51
Net income $ 103 $ 74 $ 168 $ 141
Net income per weighted average common share        
Basic $ 0.61 $ 0.44 $ 1.00 $ 0.84
Diluted $ 0.60 $ 0.44 $ 0.98 $ 0.83
Weighted average common shares outstanding        
Basic 168.7 167.0 168.5 167.4
Diluted 172.4 169.8 172.1 170.2
[1] Our data warehousing software and hardware products are often sold and delivered together in the form of a "node" of capacity as an integrated technology solution. Accordingly, it is impracticable to provide the breakdown of revenue from various types of software and hardware products.