EX-99.2 5 dex992.htm SUPPLEMENTARY DISCLOSURES RE. SFAS NO. 142 Prepared by R.R. Donnelley Financial -- Supplementary Disclosures re. SFAS no. 142
Exhibit 99.2
COGNOS INCORPORATED
 
SUPPLEMENTARY DISCLOSURE RELATING TO SFAS NO. 142
(in United States dollars, unless otherwise indicated, and in accordance with US GAAP)
 
Effective March 1, 2002 the Corporation adopted SFAS Nos. 141 and 142. For further disclosure regarding the adoption of this standard please see Notes 2 and 4 of the Condensed Notes to the Consolidated Financial Statements included in Item 1 of this Form 10-Q.
 
If the non-amortization provisions of SFAS Nos. 141 and 142 had been in effect beginning March 1, 1999 results would have been as follows (000’s):
 
      
Years ended the last day of February
      
2002
     
2001
     
2000
Reported net income
     
$
19,408
     
$
64,260
     
$
58,815
Goodwill amortization
     
 
4,398
     
 
2,445
     
 
912
      
    
    
Adjusted net income
     
$
23,806
     
$
66,705
     
$
59,727
      
    
    
Basic net income per share:
                           
Reported net income
     
 
$0.22
     
 
$0.74
     
 
$0.68
Goodwill amortization
     
 
0.05
     
 
0.02
     
 
0.01
      
    
    
Adjusted net income
     
 
$0.27
     
 
$0.76
     
 
$0.69
      
    
    
Diluted net income per share:
                           
Reported net income
     
 
$0.21
     
 
$0.70
     
 
$0.67
Goodwill amortization
     
 
0.05
     
 
0.03
     
 
0.01
      
    
    
Adjusted net income
     
 
$0.26
     
 
$0.73
     
 
$0.68
      
    
    
Weighted Average number of shares:
                           
Basic
     
 
87,807
     
 
87,324
     
 
85,972
      
    
    
Diluted
     
 
90,461
     
 
91,973
     
 
88,100
      
    
    

38

Exhibit 99.2
COGNOS INCORPORATED
 
SUPPLEMENTARY DISCLOSURE RELATING TO SFAS NO. 142
(in United States dollars, unless otherwise indicated, and in accordance with US GAAP)
 
If the non-amortization provisions of SFAS Nos. 141 and 142 had been in effect beginning March 1, 2000 the unaudited quarterly results would have been as follows (000’s):
 
   
Fiscal 2001
  
Fiscal 2002
   
First Quarter
  
Second Quarter
  
Third Quarter
  
Fourth Quarter
  
First Quarter
    
Second Quarter
  
Third Quarter
  
Fourth Quarter
   
($000s, except per share amounts, U.S. GAAP)
Reported net income
  
$
11,984
  
$
16,511
  
$
13,627
  
$
22,138
  
$
(11,102
)
  
$
7,104
  
$
13,286
  
$
10,120
Goodwill amortization
  
 
271
  
 
314
  
 
772
  
 
1,089
  
 
1,089
 
  
 
1,089
  
 
1,089
  
 
1,131
   
 
 
 
 
 
 
 
Adjusted net income
  
 
12,255
  
 
16,825
  
 
14,399
  
 
23,227
  
$
(10,013
)
  
$
8,193
  
$
14,375
  
$
11,251
   
 
 
 
 
 
 
 
Basic net income per share:
                                                  
Reported net income
  
 
$0.14
  
 
$0.19
  
 
$0.15
  
 
$0.25
  
 
$(0.13
)
  
 
$0.08
  
 
$0.15
  
 
$0.12
Goodwill amortization
  
 
0.00
  
 
0.00
  
 
0.01
  
 
0.01
  
 
0.02
 
  
 
0.01
  
 
0.01
  
 
0.01
   
 
 
 
 
 
 
 
Adjusted net income
  
 
$0.14
  
 
$0.19
  
 
$0.16
  
 
$0.26
  
 
$(0.11
)
  
 
$0.09
  
 
$0.16
  
 
$0.13
   
 
 
 
 
 
 
 
Diluted net income per share:
                                                  
Reported net income
  
 
$0.13
  
 
$0.18
  
 
$0.15
  
 
$0.24
  
 
$(0.13
)
  
 
$0.08
  
 
$0.15
  
 
$0.11
Goodwill amortization
  
 
0.00
  
 
0.00
  
 
0.01
  
 
0.01
  
 
0.02
 
  
 
0.01
  
 
0.01
  
 
0.01
   
 
 
 
 
 
 
 
Adjusted net income
  
 
$0.13
  
 
$0.18
  
 
$0.16
  
 
$0.25
  
 
$(0.11
)
  
 
$0.09
  
 
$0.16
  
 
$0.12
   
 
 
 
 
 
 
 
Weighted Average number of shares:
                                                  
Basic
  
 
86,504
  
 
87,217
  
 
87,738
  
 
87,897
  
 
88,023
 
  
 
88,004
  
 
87,488
  
 
87,671
   
 
 
 
 
 
 
 
Diluted
  
 
91,527
  
 
92,345
  
 
92,646
  
 
91,388
  
 
88,023
 
  
 
89,941
  
 
89,456
  
 
91,897
   
 
 
 
 
 
 
 

39

Exhibit 99.2
COGNOS INCORPORATED
 
SUPPLEMENTARY DISCLOSURE RELATING TO SECTION 3062
(in United States dollars, unless otherwise indicated, and in accordance with US GAAP)
 
Effective March 1, 2002 the Corporation adopted Sections 1581 and 3062. For further disclosure regarding the adoption of this standard please see Notes 2 and 4 of the Condensed Notes to the Consolidated Financial Statements included in Exhibit 99 of this Form 10-Q.
 
If the non-amortization provisions of Sections 1581 and 3062 had been in effect beginning March 1, 1999 results would have been as follows (000’s):
 
      
Years ended the last day of February
      
2002
     
2001
     
2000
Reported net income
     
$
14,599
     
$
62,736
     
$
54,542
Goodwill amortization
     
 
4,398
     
 
2,445
     
 
912
      
    
    
Adjusted net income
     
$
18,997
     
$
65,182
     
$
55,454
      
    
    
Basic net income per share:
                           
Reported net income
     
 
$0.17
     
 
$0.72
     
 
$0.63
Goodwill amortization
     
 
0.05
     
 
0.03
     
 
0.02
      
    
    
Adjusted net income
     
 
$0.22
     
 
$0.75
     
 
$0.65
      
    
    
Diluted net income per share:
                           
Reported net income
     
 
$0.16
     
 
$0.68
     
 
$0.62
Goodwill amortization
     
 
0.05
     
 
0.03
     
 
0.01
      
    
    
Adjusted net income
     
 
$0.21
     
 
$0.71
     
 
$0.63
      
    
    
Weighted Average number of shares:
                           
Basic
     
 
87,807
     
 
87,324
     
 
85,972
      
    
    
Diluted
     
 
90,461
     
 
91,973
     
 
88,100
      
    
    

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