Delaware
(State or other jurisdiction
of incorporation)
|
0-13351
(Commission File
Number)
|
87-0393339
(IRS Employer
Identification Number)
|
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
o
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
o
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
o
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
·
|
Stock-based compensation expense – We excluded stock-based compensation expense incurred in the fiscal quarters ended January 31, 2011 and January 31, 2010 to be consistent with the way the financial community evaluates our performance and the methods used by analysts to calculate consensus estimates.
|
·
|
Acquisition-related intangible asset amortization – We excluded acquisition-related intangible asset amortization incurred in the fiscal quarters ended January 31, 2011 and January 31, 2010 because such charges are unrelated to our core operating performance and the intangible assets acquired vary significantly based on the timing and magnitude of our acquisition transactions and the maturities of the businesses acquired.
|
·
|
Restructuring expense – We excluded restructuring expenses incurred in the fiscal quarter ended January 31, 2010 because such expenses distort trends and are not part of our ongoing, ordinary business.
|
·
|
Strategic alternatives review expense – We excluded expenses incurred in the fiscal quarter ended January 31, 2011 associated with and resulting from our Board of Directors’ review of various alternatives to enhance stockholder value including, our entry on November 21, 2010 into an Agreement and Plan of Merger (the “Merger Agreement”) with Attachmate Corporation (“Attachmate”) and Longview Software Acquisition Corp. (“Longview”), which provides that, upon the terms and subject to the conditions of which, Longview will be merged with and into Novell, with Novell continuing as the surviving corporation and a wholly owned subsidiary of Attachmate (the “Merger”), and a Patent Purchase Agreement (the “Patent Purchase Agreement”) with CPTN Holdings LLC (“CPTN”), which provides that, upon the terms and subject to the conditions set forth in the Patent Purchase Agreement, we will sell to CPTN all of our right, title and interest in certain identified issued patents and patent applications for $450 million in cash.
|
·
|
Litigation related activity – We excluded amounts recognized in the fiscal quarter ended January 31, 2011 for activity associated with certain legal actions because such activities distort trends and are not part of our ongoing, ordinary business.
|
·
|
Gain on sale of previously impaired investments – We excluded gains from the sale of previously impaired investments recorded in the fiscal quarter ended January 31, 2010 because the sale of previously impaired investments is not considered part of our ongoing business.
|
·
|
Income tax adjustments – We adjusted our income taxes related to the excluded items indicated above. We apply a blended worldwide income tax rate to non-GAAP adjusted income before tax to calculate non-GAAP adjusted income tax expense.
|
Exhibit Number
|
Description
|
99.1
|
Press Release of Novell, Inc. dated March 3, 2011
|
Novell, Inc.
|
|||
Date: March 3, 2011
|
By:
|
/s/ Dana C. Russell
|
|
Dana C. Russell
|
|||
Senior Vice President and
|
|||
Chief Financial Officer
|
Exhibit Number
|
Description
|
Press Release of Novell, Inc. dated March 3, 2011
|
Press Contact: | Investor Relations Contact: |
Ian Bruce | Robert Kain |
Novell, Inc. | Novell, Inc. |
Phone: 781-464-8034 | Phone: 800-317-3195 |
E-Mail: ibruce@novell.com | E-Mail: rkain@novell.com |
Page 4 of 10 | ||||||||
Novell, Inc.
|
||||||||
Consolidated Unaudited Condensed Statements of Operations
|
||||||||
(In thousands, except per share data)
|
||||||||
Fiscal Quarter Ended
|
||||||||
Jan 31, 2011
|
Jan 31, 2010
|
|||||||
Net revenue:
|
||||||||
Software licenses
|
$ | 20,387 | $ | 21,193 | ||||
Maintenance and subscriptions
|
150,393 | 158,951 | ||||||
Services (1)
|
19,934 | 22,222 | ||||||
Total net revenue
|
190,714 | 202,366 | ||||||
Cost of revenue:
|
||||||||
Software licenses
|
1,520 | 1,688 | ||||||
Maintenance and subscriptions
|
20,819 | 22,572 | ||||||
Services
|
19,210 | 19,458 | ||||||
Total cost of revenue
|
41,549 | 43,718 | ||||||
Gross profit
|
149,165 | 158,648 | ||||||
Operating expenses:
|
||||||||
Sales and marketing
|
67,256 | 68,916 | ||||||
Product development
|
38,365 | 39,702 | ||||||
General and administrative
|
20,818 | 25,827 | ||||||
Other operating expenses (2)
|
11,173 | 2,774 | ||||||
Total operating expenses
|
137,612 | 137,219 | ||||||
Income from operations
|
11,553 | 21,429 | ||||||
Operating margin %
|
6.1 | % | 10.6 | % | ||||
Other income, net:
|
||||||||
Interest income, net
|
1,964 | 2,899 | ||||||
Other income, net
|
1,992 | 3,767 | ||||||
Total other income, net
|
3,956 | 6,666 | ||||||
Income before taxes
|
15,509 | 28,095 | ||||||
Income tax expense
|
33,451 | 7,906 | ||||||
Net (loss) income
|
$ | (17,942 | ) | $ | 20,189 | |||
(Loss) income per share
|
$ | (0.05 | ) | $ | 0.06 | |||
Weighted average shares
|
352,001 | 349,144 | ||||||
(1) Services includes professional services, technical support and training services.
|
||||||||
(2) See Page 7 of 10 for a detail of other operating expenses.
|
||||||||
Page 5 of 10 | ||||||||
Novell, Inc.
|
||||||||
Consolidated Unaudited Condensed Balance Sheets
|
||||||||
(In thousands)
|
||||||||
Jan 31, 2011
|
Oct 31, 2010
|
|||||||
Assets
|
||||||||
Current assets:
|
||||||||
Cash and cash equivalents
|
$ | 981,426 | $ | 685,594 | ||||
Short-term investments
|
150,009 | 441,096 | ||||||
Receivables, net
|
89,465 | 171,607 | ||||||
Prepaid expenses
|
15,280 | 16,233 | ||||||
Current deferred income taxes
|
36,137 | 49,169 | ||||||
Other current assets
|
21,126 | 33,725 | ||||||
Total current assets
|
1,293,443 | 1,397,424 | ||||||
Property, plant and equipment, net
|
151,378 | 156,033 | ||||||
Goodwill
|
353,818 | 353,415 | ||||||
Intangible assets, net
|
26,988 | 28,746 | ||||||
Deferred income taxes
|
227,363 | 243,583 | ||||||
Other assets
|
48,013 | 46,797 | ||||||
Total assets
|
$ | 2,101,003 | $ | 2,225,998 | ||||
Liabilities and Stockholders' Equity
|
||||||||
Current liabilities:
|
||||||||
Accounts payable
|
$ | 30,102 | $ | 26,785 | ||||
Accrued compensation
|
49,319 | 83,181 | ||||||
Other accrued liabilities
|
66,412 | 86,223 | ||||||
Deferred revenue
|
448,744 | 487,590 | ||||||
Total current liabilities
|
594,577 | 683,779 | ||||||
Deferred income taxes
|
7,622 | 7,622 | ||||||
Other long-term liabilities
|
35,997 | 35,655 | ||||||
Long-term deferred revenue
|
144,065 | 163,394 | ||||||
Total liabilities
|
782,261 | 890,450 | ||||||
Stockholders' equity
|
1,318,742 | 1,335,548 | ||||||
Total liabilities and stockholders' equity
|
$ | 2,101,003 | $ | 2,225,998 | ||||
Page 6 of 10 | ||||||||
Novell, Inc.
|
||||||||
Consolidated Unaudited Condensed Statements of Cash Flows
|
||||||||
(In thousands)
|
||||||||
Fiscal Quarter Ended
|
||||||||
Jan 31, 2011
|
Jan 31, 2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net (loss) income
|
$ | (17,942 | ) | $ | 20,189 | |||
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
|
||||||||
Stock-based compensation expense
|
6,060 | 6,450 | ||||||
Depreciation and amortization
|
7,347 | 7,437 | ||||||
Change in accounts receivable allowances
|
46 | (1,209 | ) | |||||
Gain on sale of previously impaired investments
|
- | (5,228 | ) | |||||
Deferred income taxes
|
29,341 | 4,496 | ||||||
Changes in assets and liabilities
|
(15,685 | ) | (26,939 | ) | ||||
Net cash provided by operating activities
|
9,167 | 5,196 | ||||||
Cash flows from investing activities
|
||||||||
Purchases of property, plant and equipment
|
(889 | ) | (8,128 | ) | ||||
Short-term investment activity
|
284,703 | 11,998 | ||||||
Long-term investment activity
|
- | 7,303 | ||||||
Cash proceeds from sale of discontinued operations
|
- | 243 | ||||||
Other
|
(738 | ) | 1,142 | |||||
Net cash provided by investing activities
|
283,076 | 12,558 | ||||||
Cash flows from financing activities
|
||||||||
Issuance of common stock
|
1,366 | 832 | ||||||
Excess tax effects from stock-based compensation
|
181 | 1 | ||||||
Net cash provided by financing activities
|
1,547 | 833 | ||||||
Effect of exchange rate changes on cash
|
2,042 | (3,193 | ) | |||||
Increase in cash and cash equivalents
|
295,832 | 15,394 | ||||||
Cash and cash equivalents - beginning of period
|
685,594 | 591,656 | ||||||
Cash and cash equivalents - end of period
|
$ | 981,426 | $ | 607,050 | ||||
Revisions were made to prior period amounts in order to conform to the current period's presentation.
|
||||||||
Page 7 of 10 | ||||||||
Novell, Inc.
|
||||||||
Unaudited Non-GAAP Adjusted Income From Operations
|
||||||||
(In thousands)
|
||||||||
Fiscal Quarter Ended
|
||||||||
Jan 31, 2011
|
Jan 31, 2010
|
|||||||
GAAP income from operations
|
$ | 11,553 | $ | 21,429 | ||||
GAAP operating margin %
|
6.1 | % | 10.6 | % | ||||
Adjustments:
|
||||||||
Stock-based compensation expense:
|
||||||||
Cost of revenue
|
692 | 559 | ||||||
Sales and marketing
|
1,891 | 1,840 | ||||||
Product development
|
1,735 | 2,064 | ||||||
General and administrative
|
1,742 | 1,987 | ||||||
Sub-total
|
6,060 | 6,450 | ||||||
Acquisition-related intangible asset amortization:
|
||||||||
Cost of revenue
|
1,129 | 1,090 | ||||||
Sales and marketing
|
629 | 1,008 | ||||||
Sub-total
|
1,758 | 2,098 | ||||||
Other operating expenses (income):
|
||||||||
Restructuring expense
|
- | 2,774 | ||||||
Strategic alternatives review expense
|
10,478 | - | ||||||
Litigation related activity
|
695 | - | ||||||
Sub-total
|
11,173 | 2,774 | ||||||
Total operating adjustments
|
18,991 | 11,322 | ||||||
Non-GAAP income from operations
|
$ | 30,544 | $ | 32,751 | ||||
Non-GAAP operating margin %
|
16.0 | % | 16.2 | % | ||||
Novell, Inc.
|
||||||||
Unaudited Non-GAAP Adjusted Net Income
|
||||||||
(In thousands, except per share data)
|
||||||||
Fiscal Quarter Ended
|
||||||||
Jan 31, 2011
|
Jan 31, 2010
|
|||||||
GAAP net (loss) income
|
$ | (17,942 | ) | $ | 20,189 | |||
Operating adjustments (detailed above)
|
18,991 | 11,322 | ||||||
Non-operating expenses (income) adjustments:
|
||||||||
Gain on sale of previously impaired investments
|
- | (5,228 | ) | |||||
Sub-total
|
- | (5,228 | ) | |||||
Total pre-tax adjustments
|
18,991 | 6,094 | ||||||
Income tax adjustments
|
25,124 | (1,475 | ) | |||||
Total net adjustments
|
44,115 | 4,619 | ||||||
Non-GAAP net income
|
$ | 26,173 | $ | 24,808 | ||||
GAAP net (loss) income per share
|
$ | (0.05 | ) | $ | 0.06 | |||
Total adjustments detailed above
|
0.12 | 0.01 | ||||||
Non-GAAP net income per share
|
$ | 0.07 | $ | 0.07 | ||||
GAAP weighted average shares
|
352,001 | 349,144 | ||||||
Change from basic to diluted weighted average shares
|
4,326 | - | ||||||
Non-GAAP weighted average shares
|
356,327 | 349,144 | ||||||
Page 8 of 10 | ||||||||||||||||||||||||||||
Novell, Inc.
|
||||||||||||||||||||||||||||
Consolidated Unaudited Condensed Segment Results
|
||||||||||||||||||||||||||||
(in thousands)
|
||||||||||||||||||||||||||||
Fiscal Quarter Ended January 31, 2011 | ||||||||||||||||||||||||||||
Security,
|
||||||||||||||||||||||||||||
Management and | Collaboration | Common | ||||||||||||||||||||||||||
Operating Platforms
|
%
|
Solutions
|
%
|
Unallocated
|
Total
|
%
|
||||||||||||||||||||||
Net revenue:
|
||||||||||||||||||||||||||||
Software licenses
|
$ | 12,692 | 10.5 | $ | 7,695 | 10.9 | $ | - | $ | 20,387 | 10.7 | |||||||||||||||||
Maintenance and subscriptions
|
93,323 | 77.5 | 57,070 | 81.1 | - | 150,393 | 78.9 | |||||||||||||||||||||
Services
|
14,357 | 11.9 | 5,577 | 7.9 | - | 19,934 | 10.5 | |||||||||||||||||||||
Total net revenue
|
120,372 | 100.0 | 70,342 | 100.0 | - | 190,714 | 100.0 | |||||||||||||||||||||
Cost of revenue:
|
||||||||||||||||||||||||||||
Software licenses
|
1,145 | 1.0 | 240 | 0.3 | 135 | 1,520 | 0.8 | |||||||||||||||||||||
Maintenance and subscriptions
|
13,381 | 11.1 | 6,290 | 8.9 | 1,148 | 20,819 | 10.9 | |||||||||||||||||||||
Services
|
13,684 | 11.4 | 4,988 | 7.1 | 538 | 19,210 | 10.1 | |||||||||||||||||||||
Total cost of revenue
|
28,210 | 23.4 | 11,518 | 16.4 | 1,821 | 41,549 | 21.8 | |||||||||||||||||||||
Gross profit
|
92,162 | 76.6 | 58,824 | 83.6 | (1,821 | ) | 149,165 | 78.2 | ||||||||||||||||||||
Operating expenses:
|
||||||||||||||||||||||||||||
Sales and marketing
|
51,681 | 42.9 | 13,055 | 18.6 | 2,520 | 67,256 | 35.3 | |||||||||||||||||||||
Product development
|
28,615 | 23.8 | 8,015 | 11.4 | 1,735 | 38,365 | 20.1 | |||||||||||||||||||||
General and administrative
|
12,275 | 10.2 | 6,801 | 9.7 | 1,742 | 20,818 | 10.9 | |||||||||||||||||||||
Other operating expenses
|
- | - | - | - | 11,173 | 11,173 | 5.9 | |||||||||||||||||||||
Total operating expenses
|
92,571 | 76.9 | 27,871 | 39.6 | 17,170 | 137,612 | 72.2 | |||||||||||||||||||||
Income (loss) from operations
|
$ | (409 | ) | (0.3 | ) | $ | 30,953 | 44.0 | $ | (18,991 | ) | $ | 11,553 | 6.1 | ||||||||||||||
Fiscal Quarter Ended October 31, 2010 | ||||||||||||||||||||||||||||
Security,
|
||||||||||||||||||||||||||||
Management and | Collaboration | Common | ||||||||||||||||||||||||||
Operating Platforms
|
%
|
Solutions
|
%
|
Unallocated
|
Total
|
%
|
||||||||||||||||||||||
Net revenue:
|
||||||||||||||||||||||||||||
Software licenses
|
$ | 18,915 | 14.7 | $ | 12,341 | 15.8 | $ | - | $ | 31,256 | 15.1 | |||||||||||||||||
Maintenance and subscriptions
|
93,360 | 72.8 | 59,917 | 76.6 | - | 153,277 | 74.2 | |||||||||||||||||||||
Services
|
16,044 | 12.5 | 5,934 | 7.6 | - | 21,978 | 10.6 | |||||||||||||||||||||
Total net revenue
|
128,319 | 100.0 | 78,192 | 100.0 | - | 206,511 | 100.0 | |||||||||||||||||||||
Cost of revenue:
|
||||||||||||||||||||||||||||
Software licenses
|
1,938 | 1.5 | 408 | 0.5 | 192 | 2,538 | 1.2 | |||||||||||||||||||||
Maintenance and subscriptions
|
14,546 | 11.3 | 6,822 | 8.7 | 1,149 | 22,517 | 10.9 | |||||||||||||||||||||
Services
|
14,627 | 11.4 | 4,722 | 6.0 | 664 | 20,013 | 9.7 | |||||||||||||||||||||
Total cost of revenue
|
31,111 | 24.2 | 11,952 | 15.3 | 2,005 | 45,068 | 21.8 | |||||||||||||||||||||
Gross profit
|
97,208 | 75.8 | 66,240 | 84.7 | (2,005 | ) | 161,443 | 78.2 | ||||||||||||||||||||
Operating expenses:
|
||||||||||||||||||||||||||||
Sales and marketing
|
52,139 | 40.6 | 12,687 | 16.2 | 3,015 | 67,841 | 32.9 | |||||||||||||||||||||
Product development
|
31,239 | 24.3 | 8,328 | 10.7 | 2,151 | 41,718 | 20.2 | |||||||||||||||||||||
General and administrative
|
13,419 | 10.5 | 7,413 | 9.5 | 2,820 | 23,652 | 11.5 | |||||||||||||||||||||
Other operating expenses
|
- | - | - | - | 6,225 | 6,225 | 3.0 | |||||||||||||||||||||
Total operating expenses
|
96,797 | 75.4 | 28,428 | 36.4 | 14,211 | 139,436 | 67.5 | |||||||||||||||||||||
Income (loss) from operations
|
$ | 411 | 0.3 | $ | 37,812 | 48.4 | $ | (16,216 | ) | $ | 22,007 | 10.7 | ||||||||||||||||
Fiscal Quarter Ended January 31, 2010 | ||||||||||||||||||||||||||||
Security,
|
||||||||||||||||||||||||||||
Management and | Collaboration | Common | ||||||||||||||||||||||||||
Operating Platforms
|
%
|
Solutions
|
%
|
Unallocated
|
Total
|
%
|
||||||||||||||||||||||
Net revenue:
|
||||||||||||||||||||||||||||
Software licenses
|
$ | 13,460 | 10.8 | $ | 7,733 | 10.0 | $ | - | $ | 21,193 | 10.5 | |||||||||||||||||
Maintenance and subscriptions
|
95,205 | 76.4 | 63,746 | 82.0 | - | 158,951 | 78.5 | |||||||||||||||||||||
Services
|
15,989 | 12.8 | 6,233 | 8.0 | - | 22,222 | 11.0 | |||||||||||||||||||||
Total net revenue
|
124,654 | 100.0 | 77,712 | 100.0 | - | 202,366 | 100.0 | |||||||||||||||||||||
Cost of revenue:
|
||||||||||||||||||||||||||||
Software licenses
|
1,334 | 1.1 | 227 | 0.3 | 127 | 1,688 | 0.8 | |||||||||||||||||||||
Maintenance and subscriptions
|
14,372 | 11.5 | 7,088 | 9.1 | 1,112 | 22,572 | 11.2 | |||||||||||||||||||||
Services
|
14,122 | 11.3 | 4,926 | 6.3 | 410 | 19,458 | 9.6 | |||||||||||||||||||||
Total cost of revenue
|
29,828 | 23.9 | 12,241 | 15.8 | 1,649 | 43,718 | 21.6 | |||||||||||||||||||||
Gross profit
|
94,826 | 76.1 | 65,471 | 84.2 | (1,649 | ) | 158,648 | 78.4 | ||||||||||||||||||||
Operating expenses:
|
||||||||||||||||||||||||||||
Sales and marketing
|
53,564 | 43.0 | 12,504 | 16.1 | 2,848 | 68,916 | 34.1 | |||||||||||||||||||||
Product development
|
29,915 | 24.0 | 7,723 | 9.9 | 2,064 | 39,702 | 19.6 | |||||||||||||||||||||
General and administrative
|
15,272 | 12.3 | 8,568 | 11.0 | 1,987 | 25,827 | 12.8 | |||||||||||||||||||||
Other operating expenses
|
- | - | - | - | 2,774 | 2,774 | 1.4 | |||||||||||||||||||||
Total operating expenses
|
98,751 | 79.2 | 28,795 | 37.1 | 9,673 | 137,219 | 67.8 | |||||||||||||||||||||
Income (loss) from operations
|
$ | (3,925 | ) | (3.1 | ) | $ | 36,676 | 47.2 | $ | (11,322 | ) | $ | 21,429 | 10.6 | ||||||||||||||
Page 9 of 10 | ||||||||||||||||||||||||||||||||||||||||||||||||
Novell, Inc.
|
||||||||||||||||||||||||||||||||||||||||||||||||
Unaudited Trended Segment Revenue by Software Licenses and Maintenance and Services
|
||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands)
|
||||||||||||||||||||||||||||||||||||||||||||||||
Fiscal Year | Change from | |||||||||||||||||||||||||||||||||||||||||||||||
Q1 2010 |
%
|
Q4 2010 |
%
|
2010 |
%
|
Q1 2011 |
%
|
Q4 2010 to Q1 2011
|
Q1 2010 to Q1 2011
|
|||||||||||||||||||||||||||||||||||||||
Security, management and operating platforms
|
||||||||||||||||||||||||||||||||||||||||||||||||
Open platform solutions
|
||||||||||||||||||||||||||||||||||||||||||||||||
Linux platform products
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
$ | - | - | $ | - | - | $ | - | - | $ | - | - | $ | - | - | $ | - | - | ||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
37,473 | 18.5 | 36,256 | 17.6 | 144,411 | 17.8 | 37,807 | 19.8 | 1,551 | 4.3 | 334 | 0.9 | ||||||||||||||||||||||||||||||||||||
37,473 | 18.5 | 36,256 | 17.6 | 144,411 | 17.8 | 37,807 | 19.8 | 1,551 | 4.3 | 334 | 0.9 | |||||||||||||||||||||||||||||||||||||
Other open platform products
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
21 | 0.0 | 70 | 0.0 | 109 | 0.0 | 35 | 0.0 | (35 | ) | (50.0 | ) | 14 | 66.7 | ||||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
1,732 | 0.9 | 2,505 | 1.2 | 8,088 | 1.0 | 1,783 | 0.9 | (722 | ) | (28.8 | ) | 51 | 2.9 | ||||||||||||||||||||||||||||||||||
1,753 | 0.9 | 2,575 | 1.2 | 8,197 | 1.0 | 1,818 | 1.0 | (757 | ) | (29.4 | ) | 65 | 3.7 | |||||||||||||||||||||||||||||||||||
Total open platform solutions
|
39,226 | 19.4 | 38,831 | 18.8 | 152,608 | 18.8 | 39,625 | 20.8 | 794 | 2.0 | 399 | 1.0 | ||||||||||||||||||||||||||||||||||||
Identity and security management
|
||||||||||||||||||||||||||||||||||||||||||||||||
Identity, access and compliance management
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
7,132 | 3.5 | 10,912 | 5.3 | 34,508 | 4.3 | 5,715 | 3.0 | (5,197 | ) | (47.6 | ) | (1,417 | ) | (19.9 | ) | ||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
22,357 | 11.0 | 21,856 | 10.6 | 88,637 | 10.9 | 22,275 | 11.7 | 419 | 1.9 | (82 | ) | (0.4 | ) | ||||||||||||||||||||||||||||||||||
29,489 | 14.6 | 32,768 | 15.9 | 123,145 | 15.2 | 27,990 | 14.7 | (4,778 | ) | (14.6 | ) | (1,499 | ) | (5.1 | ) | |||||||||||||||||||||||||||||||||
Other identity and security management
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
177 | 0.1 | 393 | 0.2 | 1,416 | 0.2 | 137 | 0.1 | (256 | ) | (65.1 | ) | (40 | ) | (22.6 | ) | ||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
1,323 | 0.7 | 1,072 | 0.5 | 4,926 | 0.6 | 1,077 | 0.6 | 5 | 0.5 | (246 | ) | (18.6 | ) | ||||||||||||||||||||||||||||||||||
1,500 | 0.7 | 1,465 | 0.7 | 6,342 | 0.8 | 1,214 | 0.6 | (251 | ) | (17.1 | ) | (286 | ) | (19.1 | ) | |||||||||||||||||||||||||||||||||
Total identity and security management
|
30,989 | 15.3 | 34,233 | 16.6 | 129,487 | 15.9 | 29,204 | 15.3 | (5,029 | ) | (14.7 | ) | (1,785 | ) | (5.8 | ) | ||||||||||||||||||||||||||||||||
Systems and resource management
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
6,130 | 3.0 | 7,540 | 3.7 | 29,549 | 3.6 | 6,805 | 3.6 | (735 | ) | (9.7 | ) | 675 | 11.0 | ||||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
32,320 | 16.0 | 31,671 | 15.3 | 126,502 | 15.6 | 30,381 | 15.9 | (1,290 | ) | (4.1 | ) | (1,939 | ) | (6.0 | ) | ||||||||||||||||||||||||||||||||
Total systems and resource management
|
38,450 | 19.0 | 39,211 | 19.0 | 156,051 | 19.2 | 37,186 | 19.5 | (2,025 | ) | (5.2 | ) | (1,264 | ) | (3.3 | ) | ||||||||||||||||||||||||||||||||
Total security, management and operating platforms
|
108,665 | 53.7 | 112,275 | 54.4 | 438,146 | 54.0 | 106,015 | 55.6 | (6,260 | ) | (5.6 | ) | (2,650 | ) | (2.4 | ) | ||||||||||||||||||||||||||||||||
Collaboration solutions
|
||||||||||||||||||||||||||||||||||||||||||||||||
OES and NetWare-related
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
4,113 | 2.0 | 6,128 | 3.0 | 20,831 | 2.6 | 3,223 | 1.7 | (2,905 | ) | (47.4 | ) | (890 | ) | (21.6 | ) | ||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
37,582 | 18.6 | 35,478 | 17.2 | 144,794 | 17.8 | 33,605 | 17.6 | (1,873 | ) | (5.3 | ) | (3,977 | ) | (10.6 | ) | ||||||||||||||||||||||||||||||||
41,695 | 20.6 | 41,606 | 20.1 | 165,625 | 20.4 | 36,828 | 19.3 | (4,778 | ) | (11.5 | ) | (4,867 | ) | (11.7 | ) | |||||||||||||||||||||||||||||||||
Collaboration
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
1,702 | 0.8 | 3,271 | 1.6 | 9,555 | 1.2 | 1,842 | 1.0 | (1,429 | ) | (43.7 | ) | 140 | 8.2 | ||||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
19,826 | 9.8 | 18,867 | 9.1 | 77,282 | 9.5 | 18,255 | 9.6 | (612 | ) | (3.2 | ) | (1,571 | ) | (7.9 | ) | ||||||||||||||||||||||||||||||||
21,528 | 10.6 | 22,138 | 10.7 | 86,837 | 10.7 | 20,097 | 10.5 | (2,041 | ) | (9.2 | ) | (1,431 | ) | (6.6 | ) | |||||||||||||||||||||||||||||||||
Other collaboration solutions
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
1,918 | 0.9 | 2,942 | 1.4 | 9,140 | 1.1 | 2,630 | 1.4 | (312 | ) | (10.6 | ) | 712 | 37.1 | ||||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
6,338 | 3.1 | 5,572 | 2.7 | 23,902 | 2.9 | 5,210 | 2.7 | (362 | ) | (6.5 | ) | (1,128 | ) | (17.8 | ) | ||||||||||||||||||||||||||||||||
8,256 | 4.1 | 8,514 | 4.1 | 33,042 | 4.1 | 7,840 | 4.1 | (674 | ) | (7.9 | ) | (416 | ) | (5.0 | ) | |||||||||||||||||||||||||||||||||
Total collaboration solutions
|
71,479 | 35.3 | 72,258 | 35.0 | 285,504 | 35.2 | 64,765 | 34.0 | (7,493 | ) | (10.4 | ) | (6,714 | ) | (9.4 | ) | ||||||||||||||||||||||||||||||||
Total software licenses, maintenance and subscriptions
|
||||||||||||||||||||||||||||||||||||||||||||||||
Software licenses
|
21,193 | 10.5 | 31,256 | 15.1 | 105,108 | 12.9 | 20,387 | 10.7 | (10,869 | ) | (34.8 | ) | (806 | ) | (3.8 | ) | ||||||||||||||||||||||||||||||||
Maintenance and subscriptions
|
158,951 | 78.5 | 153,277 | 74.2 | 618,542 | 76.2 | 150,393 | 78.9 | (2,884 | ) | (1.9 | ) | (8,558 | ) | (5.4 | ) | ||||||||||||||||||||||||||||||||
Total product revenue
|
180,144 | 89.0 | 184,533 | 89.4 | 723,650 | 89.1 | 170,780 | 89.5 | (13,753 | ) | (7.5 | ) | (9,364 | ) | (5.2 | ) | ||||||||||||||||||||||||||||||||
Services
|
22,222 | 11.0 | 21,978 | 10.6 | 88,221 | 10.9 | 19,934 | 10.5 | (2,044 | ) | (9.3 | ) | (2,288 | ) | (10.3 | ) | ||||||||||||||||||||||||||||||||
Total net revenue
|
$ | 202,366 | 100.0 | $ | 206,511 | 100.0 | $ | 811,871 | 100.0 | $ | 190,714 | 100.0 | $ | (15,797 | ) | (7.6 | ) | $ | (11,652 | ) | (5.8 | ) | ||||||||||||||||||||||||||
Page 10 of 10 | ||||||||||
Novell, Inc.
|
||||||||||
Major IT Software and Solutions Included Within Reported Line Items
|
||||||||||
Security, Management and Operating Platforms
|
||||||||||
Open Platform Solutions
|
||||||||||
Linux Platform Products
|
||||||||||
> SUSE LINUX Enterprise Server
|
||||||||||
> SUSE LINUX Enterprise Desktop
|
||||||||||
Other Open Platform Products
|
||||||||||
> SUSE Engineering
|
||||||||||
Identity and Security Management
|
||||||||||
Identity, Access and Compliance Management
|
||||||||||
> Identity Manager
|
||||||||||
> SecureLogin
|
||||||||||
> Access Manager
|
||||||||||
> Sentinel
|
||||||||||
Other Identity and Security Management
|
||||||||||
> eDirectory
|
||||||||||
Systems and Resource Management
|
||||||||||
> ZENworks Suite
|
||||||||||
> ZENworks Patch Management
|
||||||||||
> ZENworks Asset Management
|
||||||||||
> ZENworks Linux Management
|
||||||||||
> ZENworks Configuration Management
|
||||||||||
> PlateSpin
|
||||||||||
> Novell Operations Center
|
||||||||||
Collaboration Solutions
|
||||||||||
Open Enterprise Server and NetWare-Related
|
||||||||||
> Open Enterprise Server (OES)
|
||||||||||
> NetWare
|
||||||||||
> Cluster Services
|
||||||||||
Collaboration
|
||||||||||
> GroupWise
|
||||||||||
> Vibe
|
||||||||||
Other Collaboration Solutions
|
||||||||||
> BorderManager
|
||||||||||
Services
|
||||||||||
> Professional Services
|
||||||||||
> Technical Support Services
|
||||||||||
|
> Training Services
|
|||||||||