XML 63 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED INCOME STATEMENTS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Product sales $ 3,178,737 $ 3,043,984 $ 6,247,594 $ 5,975,243
Services 2,132,656 1,801,354 4,158,177 3,477,713
Total consolidated revenues 5,311,393 4,845,338 10,405,771 9,452,956
Costs and expenses:        
Cost of product sales 1,254,328 1,327,217 2,555,878 2,647,705
Cost of services 709,672 637,834 1,389,283 1,225,913
Research and development 655,941 538,891 1,243,758 1,040,999
Selling, general and administrative 1,716,650 1,575,689 3,366,847 3,071,620
Restructuring and acquisition-related charges 27,603 21,216 53,496 48,109
Operating income 947,199 744,491 1,796,509 1,418,610
Non-operating income (expense):        
Investment income 25,978 35,986 55,430 74,213
Interest expense (18,544) (46,476) (36,727) (91,455)
Other income (expense), net (50,959) 30,357 (94,649) (12,817)
Total non-operating income (expense) (43,525) 19,867 (75,946) (30,059)
Income before provision for income taxes 903,674 764,358 1,720,563 1,388,551
Income tax provision 214,256 172,731 405,166 294,370
Net income 689,418 591,627 1,315,397 1,094,181
Less: Net income attributable to the non-controlling interest in VMware, Inc. (39,904) (45,133) (79,041) (70,539)
Net income attributable to EMC Corporation $ 649,514 $ 546,494 $ 1,236,356 $ 1,023,642
Net income per weighted average share, basic attributable to EMC Corporation common shareholders $ 0.31 $ 0.27 $ 0.59 $ 0.50
Net income per weighted average share, diluted attributable to EMC Corporation common shareholders $ 0.29 $ 0.24 $ 0.56 $ 0.45
Weighted average shares, basic 2,096,378 2,060,748 2,082,103 2,063,427
Weighted average shares, diluted 2,207,675 2,266,465 2,204,910 2,262,308