According to the income statement of Citrix, what is the PE multiple for the acquisition using 2021
Fantastic news! We've Found the answer you've been seeking!
Question:
According to the income statement of Citrix, what is the PE multiple for the acquisition using 2021 earnings?
Transcribed Image Text:
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands Revenues: Revenues Cost of net revenues: Amortization and impairment of product related intangible assets Total cost of net revenues Gross profit Operating expenses: Research and development Sales, marketing and services General and administrative Amortization of other intangible assets Restructuring Total operating expenses Income from operations Interest income Interest expense Other income, net Income before income taxes Income tax (benefit) expense Net income Earnings per share: Basic (in dollars per share) Diluted (in dollars per share) Weighted average shares outstanding: Basic (in shares) Diluted (in shares) Subscription Revenues: Revenues Product and license Revenues: Revenues Cost of net revenues: Cost of net revenues Support and services Revenues: Revenues Cost of subscription, support and services Cost of net revenues: Cost of net revenues Dec. 31, 2021 $3,217,170 91,395 625,077 2,592,093 581,600 1,194,657 409,630 66,263 103,323 2,355,473 236,620 1,232 (91,793) 21,088 167,147 (140,352) $ 307,499 $2.48 $ 2.44 124,113 126,259 $ 1,553,775 171,186 79,927 1,492,209 12 Months Ended Dec. 31, 2020 Dec. 31, 2019 $ 453,755 $ 3,236,700 32,782 498,546 2,738,154 538,080 1,224,377 352,109 2,799 11,981 2,129,346 608,808 3,108 (64,687) 7,651 554,880 50,434 $504,446 $4.08 $4.00 123,575 126,152 $ 1,114,798 444,437 76,152 1,677,465 $ 389,612 $ 3,010,564 51,340 464,047 2,546,517 518,877 1,132,956 320,429 15,890 22,247 2,010,399 536,118 18,280 (45,974) 1,076 509,500 (172,313) $ 681,813 $5.21 $5.03 130,853 135,495 $ 650,810 583,474 102,452 1,776,280 $ 310,255 Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands Revenues: Revenues Cost of net revenues: Amortization and impairment of product related intangible assets Total cost of net revenues Gross profit Operating expenses: Research and development Sales, marketing and services General and administrative Amortization of other intangible assets Restructuring Total operating expenses Income from operations Interest income Interest expense Other income, net Income before income taxes Income tax (benefit) expense Net income Earnings per share: Basic (in dollars per share) Diluted (in dollars per share) Weighted average shares outstanding: Basic (in shares) Diluted (in shares) Subscription Revenues: Revenues Product and license Revenues: Revenues Cost of net revenues: Cost of net revenues Support and services Revenues: Revenues Cost of subscription, support and services Cost of net revenues: Cost of net revenues Dec. 31, 2021 $3,217,170 91,395 625,077 2,592,093 581,600 1,194,657 409,630 66,263 103,323 2,355,473 236,620 1,232 (91,793) 21,088 167,147 (140,352) $ 307,499 $2.48 $ 2.44 124,113 126,259 $ 1,553,775 171,186 79,927 1,492,209 12 Months Ended Dec. 31, 2020 Dec. 31, 2019 $ 453,755 $ 3,236,700 32,782 498,546 2,738,154 538,080 1,224,377 352,109 2,799 11,981 2,129,346 608,808 3,108 (64,687) 7,651 554,880 50,434 $504,446 $4.08 $4.00 123,575 126,152 $ 1,114,798 444,437 76,152 1,677,465 $ 389,612 $ 3,010,564 51,340 464,047 2,546,517 518,877 1,132,956 320,429 15,890 22,247 2,010,399 536,118 18,280 (45,974) 1,076 509,500 (172,313) $ 681,813 $5.21 $5.03 130,853 135,495 $ 650,810 583,474 102,452 1,776,280 $ 310,255 Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands Revenues: Revenues Cost of net revenues: Amortization and impairment of product related intangible assets Total cost of net revenues Gross profit Operating expenses: Research and development Sales, marketing and services General and administrative Amortization of other intangible assets Restructuring Total operating expenses Income from operations Interest income Interest expense Other income, net Income before income taxes Income tax (benefit) expense Net income Earnings per share: Basic (in dollars per share) Diluted (in dollars per share) Weighted average shares outstanding: Basic (in shares) Diluted (in shares) Subscription Revenues: Revenues Product and license Revenues: Revenues Cost of net revenues: Cost of net revenues Support and services Revenues: Revenues Cost of subscription, support and services Cost of net revenues: Cost of net revenues Dec. 31, 2021 $3,217,170 91,395 625,077 2,592,093 581,600 1,194,657 409,630 66,263 103,323 2,355,473 236,620 1,232 (91,793) 21,088 167,147 (140,352) $ 307,499 $2.48 $ 2.44 124,113 126,259 $ 1,553,775 171,186 79,927 1,492,209 12 Months Ended Dec. 31, 2020 Dec. 31, 2019 $ 453,755 $ 3,236,700 32,782 498,546 2,738,154 538,080 1,224,377 352,109 2,799 11,981 2,129,346 608,808 3,108 (64,687) 7,651 554,880 50,434 $504,446 $4.08 $4.00 123,575 126,152 $ 1,114,798 444,437 76,152 1,677,465 $ 389,612 $ 3,010,564 51,340 464,047 2,546,517 518,877 1,132,956 320,429 15,890 22,247 2,010,399 536,118 18,280 (45,974) 1,076 509,500 (172,313) $ 681,813 $5.21 $5.03 130,853 135,495 $ 650,810 583,474 102,452 1,776,280 $ 310,255 Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands Revenues: Revenues Cost of net revenues: Amortization and impairment of product related intangible assets Total cost of net revenues Gross profit Operating expenses: Research and development Sales, marketing and services General and administrative Amortization of other intangible assets Restructuring Total operating expenses Income from operations Interest income Interest expense Other income, net Income before income taxes Income tax (benefit) expense Net income Earnings per share: Basic (in dollars per share) Diluted (in dollars per share) Weighted average shares outstanding: Basic (in shares) Diluted (in shares) Subscription Revenues: Revenues Product and license Revenues: Revenues Cost of net revenues: Cost of net revenues Support and services Revenues: Revenues Cost of subscription, support and services Cost of net revenues: Cost of net revenues Dec. 31, 2021 $3,217,170 91,395 625,077 2,592,093 581,600 1,194,657 409,630 66,263 103,323 2,355,473 236,620 1,232 (91,793) 21,088 167,147 (140,352) $ 307,499 $2.48 $ 2.44 124,113 126,259 $ 1,553,775 171,186 79,927 1,492,209 12 Months Ended Dec. 31, 2020 Dec. 31, 2019 $ 453,755 $ 3,236,700 32,782 498,546 2,738,154 538,080 1,224,377 352,109 2,799 11,981 2,129,346 608,808 3,108 (64,687) 7,651 554,880 50,434 $504,446 $4.08 $4.00 123,575 126,152 $ 1,114,798 444,437 76,152 1,677,465 $ 389,612 $ 3,010,564 51,340 464,047 2,546,517 518,877 1,132,956 320,429 15,890 22,247 2,010,399 536,118 18,280 (45,974) 1,076 509,500 (172,313) $ 681,813 $5.21 $5.03 130,853 135,495 $ 650,810 583,474 102,452 1,776,280 $ 310,255
Expert Answer:
Answer rating: 100% (QA)
SOLUTION To calculate the pricetoearnings PE multiple for the acquisi... View the full answer
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-1259103292
4th Canadian edition
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
Posted Date:
Students also viewed these finance questions
-
Given the following: Given the following LSystem example Axiom : X Angle: 90 Iteration : 3 Length: 80 Rules: rule1: X->F[X]-F-F[++X]-F, rule 2: F->FF Write java code using Turtle class and recursion...
-
Extreme Programming requires you write tests first, then write code to pass those tests. This process is known as Test Driven Development (or Test Driven Design). True False
-
China Petroleum and Chemical Corporation China Petroleum and Chemical Corporation (CPCC) is one of a growing number of Chinese companies that has cross-listed its stock on foreign stock exchanges. To...
-
Based on Exhibit 1, the expected future value of Bond I at maturity is closest to: A. 98.80. B. 103.74. C. 105.00. Lena Liecken is a senior bond analyst at Taurus Investment Management. Kristel...
-
What is a tax bracket? What is the relationship between filing status and the width of the tax brackets in the tax rate schedule?
-
A company manufactures ball bearings that are supplied to other companies. The machine that is used to manufacture these ball bearings produces them with a variance of diameters of .025 square...
-
All of the following are ways in which receivables are commonly classified in financial statements except: a. accounts or notes receivable. b. current or noncurrent. c. collectible or uncollectible....
-
The stockholders?? equity section of Traylor Corporation??s balance sheet at December 31 is presented here. InstructionsFrom a review of the stockholders?? equity section, answer the following...
-
a. One way to integrate 2xx 5dx is to use integration by parts. Do so to find the antiderivative. b. Another way to evaluate the integral in part a is by using the substitution u=x 5. Do so to find...
-
Draw a diagram similar to Figure 1.1 that places the following words in the proper relationships: theory, hypothesis, model, data, guess, and law. Figure 1.1 Geology Geochemistry (chemistry of the...
-
In the context of the lanthanoids, which of the following statement is not correct? (a) There is a gradual decrease in the radii of the members with increasing atomic number in the series. (b) All...
-
Monenus furniture factory's cost and revenue information shows that fixed cost is $240,000 unit price is $100 variable cost is $60. find the break-even point in terms of unit and sales in $ and...
-
The Cloth Center sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth, used in the manufacture of jeans and carrying bags. The supplier for...
-
A plate with a surface area of 1 m 2 has a surface temperature of 70C. The plate is in an ambient air with a temperature of 20C and a heat transfer coefficient of 13.2 W/m2K. In order to increase the...
-
A survey asked whether respondents favored or opposed the death penalty for people convicted of murder. Software shows the results below, where X refers to the number of the respondents who were in...
-
1. Are you strongest in Prework, Conversation, or Follow up? Using concepts and terminology from the Difficult Conversation module, explain why you are strongest and weakest in these categories. 2....
-
TipTop Flight School offers flying lessons at a small municipal airport. The school's owner and manager has been attempting to evaluate performance and control costs using a variance report that...
-
Show that the peak of the black body spectrum as a function of ? is given by eq. (22.14) kg T Wmax = 2.82
-
Refer to E2-6. NIKE, Inc., with its Canadian headquarters in Thornhill, Ontario, is one of the world's lead- ing manufacturers of athletic shoes and sports apparel. The following activities occurred...
-
Refer to M11-2. Assume the issued shares have no par value. Analyze the accounting equation effects and record the journal entry for the issuance of the no-par value shares at $75. Do the effects on...
-
In 2013, Rec Room Sports reported earnings per share of $8.50 when its share price was $212.50. In 2014, its earnings increased by 20 percent. If the P/E ratio remains constant, what is the price of...
-
Identify the points in the project management life cycle where client involvement is needed. What specific action would you take as the project manager to ensure that involvement? (Lo1)
-
Discuss ways that scope creep occurred on projects with which you have been associated. Was the project manager able to reverse scope creep? Is it possible to reverse scope creep? Defend either your...
-
The post-implementation audit is vitally important in improving the practice of project management and the process of project management, yet it is always so difficult to get senior management and...
Guidelines For Methods And Statistics In Medical Research 1st Edition - ISBN: 9812879234 - Free Book
Study smarter with the SolutionInn App