BALANCE SHEETS $ June 30, Assets Current assets Cash and cash equivalents Short-term investments Total cash cash equivalents, and short-term investments Accounts receivable, net of allowance for doubtful accounts of $377 and $345 Inventories Other 11,946 121,822 133,768 26,481 2.862 6,751 169,662 29,450 6,686 Total current assets Property and equipment net of accumulated depreciation of $29,223 and $24,179 Operating lange right-of-use assets Equity and other investments Goodwill Intangible assets, net Other long-term assets Total assets $ 7.663 125.318 132 981 22.431 2.181 5,103 162,696 23,734 5.555 B.023 35,122 10.106 5,076 $250.312 35,683 7,442 $ 258.848 $ 8.617 7390 9,072 1.049 5,819 3,998 6,103 2.121 28,905 8.744 24 013 7 684 55.745 76,073 58,483 72.242 Liabilities and stockholders' equity Current abilities: Accounts payable Short-term dobt Current portion of long-term debt Accrued compensation Short-term income taxes Short-term unearned revenue Other Total current liabilities Long-term debt Long-term income taxes Long-term unearned revenue Deferred income taxes Operating lease liabilities Other long-term liabilities Total liabilities Commitments and contingencies Stockholders' equity: Common stock and paid-in capital - shares authorized 24.000; outstanding 7,677 and 7.708 Retained earnings Accumulated other comprehensive income (loss) Total stockholders' equity Total liabilities and stockholders' equity 30.265 3,815 541 5,568 5.211 176,130 2.643 5.734 5.372 3.549 162.601 71,223 13.682 69.315 17.769 627 12.187) 82.718 $ 258,848 87711 $250,312 Refer to accompanying notes BALANCE SHEETS milions 7,563 125,318 132,981 19,792 2,181 4,897 159.851 23,734 6.023 35,122 10,106 6,250 $ 241,086 5.510 106.730 113 240 18.277 2251 5.892 139660 18.358 10431 17.872 3.733 3416 $ 193 468 $ Assets Current assets Cash and cash equivalents Short-term investments including securities loaned of $3,694 and $204) Total cash cash equivalents, and short-term investments Accounts receivable, net of allowance for doubtful accounts of $405 and $426 Inventories Other Total current assets Property and equipment, net of accumulated depreciation of $24,179 and $19.800 Equity and other investments Goodwill Intangible assets, net Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Accounts payable Short-term debt Current portion of long-term debt Accrued compensation Income taxes Short-term unearned revenue Securities lending payable Other Total current liabilities Long-term debt Long-term unearned revenue Deferred income taxes Other long-term liabilities Total liabilities Commitments and contingencies Stockholders' equity Common stock and paid in capital - shares authorized 24,000 outstanding 7.708 and 7803 Retained earnings Accumulated other comprehensive income Total stockholders' equity Total liabilities and stockholders' equity 7,390 9,072 1,049 5,819 6,898 12.904 0 5,284 580 27.458 718 34,102 97 6,280 64,527 76,073 10.377 5.949 59.357 40.557 6.441 1.476 13.640 121,471 531 17,184 168,692 69,315 2,648 68.178 2282 1.537 71.997 72,394 $ 241,086 $ 193,468 See accompanying notes FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA INCOME STATEMENTS on, entre 2018 2017 Year Ended June 30, Revenue Product Service and other $ 64,497 45,863 110,360 S 63 811 32,780 96,571 567,336 23,818 91,154 Total revenue Cost of revenue Product Service and other Total cost of revenue Gross margin Research and development Sales and marketing General and administrative Impairment and restructuring Operating income Other income (exponsa), net Income before income taxes Provision for income taxes 15,420 22,933 38,353 72,007 14,726 17 469 4,754 16,175 19,086 34,261 82 310 13.037 15,461 4.481 17,880 14 900 32,780 58,374 11.988 14.635 4.563 1.110 26.078 (439) 25.639 5.100 $ 20,539 306 35,058 1.416 29.025 876 29.901 4,412 36,474 19,903 $ 16,571 Net income $ 25,489 $ $ 2.15 2.13 $ $ 3.29 3.25 $ $ 2.59 2.56 Earnings per share: Basic Dluted Weighted average shares outstanding: Basic Diluted Cash dividends declared per common share 7,700 7,794 1.68 7.746 7.832 1.56 7.925 8.013 1.44 $ $ $ Refer to accompanying notes CASH FLOWS STATEMENTS $ 16,571 $25,480 $ 20,539 0 830 6.622 10,261 3.940 (2,212) (5.143) 8.778 3,286 (2 073) (829) 2.668 (223) 2479 (3,862) (465) (952) (285) 1,148 5.922 18,183 (1.216) 50 1,028 (917) 582 600 (1.212) (1.110 3.820 1.792 350 2.565 (298) 1791 (406) 33,325 (20) (118) 43.884 39 507 Operations Net income Adjustments to reconcile net income to net cash from operations Asset impairments Depreciation, amortization, and other Stock-based compensation expense Net recognicred gains on investments and derivatives Deferred income tas Changes in operating assets and liabilities Accounts receivable Inventories Other current as Other long-term assets Accounts payable Unearned revenue Income taxes Other current liabilities Other long-term labies Netcash from operations Financing Proceeds from Issuance (repayments) of short-term debt, maturities of 90 days or less not Proceeds from sange of debt Repayment of debt Common stock issued Common stock repurchased Common stock cash dividends paid Other, net Net cash from (used in) financing Investing Additions to property and equipment Acquisition of companies, net of cash acquired, and purchases of intangible and other assets Purchases of investments Maturities of investments Sales of investments Securities lending payable Net cash used in investing Effect of foreign exchange rates on cash and cash equivalents Net change in cash and cash equivalents Cash and cash equivalents beginning of period Cash and cash equivalents, end of period 17,324) 7.183 110.000 1,002 (10.721) (12.699) (971) (33,590) (4.963) 44344 7,922) 772 (11,788) (11,845) (190) 8.408 7,195 13.884 (2.796) 06-8 (15.969) (11.006) (389 (8,393) (11,632) (8,129) (8,343) (888) (137,380) 26,360 117,577 (25,944) (178,905) 28.044 136,350 (197) (46.781) 198) (6.061) (1,393) (129,758) 22.054 93,287 203 (23,950) (67 915 5 595 $ 6,510 50 7.663 8.510 $ 11.946 $ 7.663 Refer to accompanying notes. financial Ratios using of I and statement Calculate the income flous each of the following statement balance sheet, for 2016, 2017, and 2018. Current Ratio current Current Assets Liabilities Quick Ratio Current Current Assets inventory Liabilities | Average collection Accounts recievable Daily credit sales period recievable Accounts Turnover Annual ' Accounts credit Sales recievable Cost of goods sold Inventory Turnover inventory