XML 71 R21.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segments
6 Months Ended
May. 29, 2015
Segment Reporting [Abstract]  
SEGMENTS
SEGMENTS

We report segment information based on the “management” approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of our reportable segments.
Our CEO, the chief operating decision maker, reviews revenue and gross margin information for each of our reportable segments, but does not review operating expenses on a segment by segment basis. In addition, with the exception of goodwill and intangible assets, we do not identify or allocate our assets by the reportable segments.
We have the following reportable segments:
Digital Media—Our Digital Media segment provides tools and solutions that enable individuals, small and medium businesses and enterprises to create, publish, promote and monetize their digital content anywhere. Our customers include traditional content creators, web application developers and digital media professionals, as well as their management in marketing departments and agencies, companies and publishers. Our customers also include knowledge workers who create, collaborate and distribute documents.
Digital Marketing—Our Digital Marketing segment provides solutions and services for how digital advertising and marketing are created, managed, executed, measured and optimized. Our customers include digital marketers, advertisers, publishers, merchandisers, web analysts, chief marketing officers, chief information officers and chief revenue officers.
Print and Publishing—Our Print and Publishing segment addresses market opportunities ranging from the diverse authoring and publishing needs of technical and business publishing to our legacy type and OEM printing businesses.
Our segment results for the three and six months ended May 29, 2015 and May 30, 2014 were as follows (dollars in thousands):
 
Digital
Media
 
Digital
Marketing
 
Print and
Publishing
 
Total
Three months ended May 29, 2015
 

 
 
 
 

 
 

Revenue
$
747,475

 
$
366,464

 
$
48,219

 
$
1,162,158

Cost of revenue
50,693

 
131,933

 
2,547

 
185,173

Gross profit
$
696,782

 
$
234,531

 
$
45,672

 
$
976,985

Gross profit as a percentage of revenue
93
%
 
64
%
 
95
%
 
84
%
Three months ended May 30, 2014
 

 
 
 
 

 
 

Revenue
$
691,575

 
$
330,357

 
$
46,276

 
$
1,068,208

Cost of revenue
36,063

 
115,873

 
2,968

 
154,904

Gross profit
$
655,512

 
$
214,484

 
$
43,308

 
$
913,304

Gross profit as a percentage of revenue
95
%
 
65
%
 
94
%
 
85
%

 
Digital
Media
 
Digital
Marketing
 
Print and
Publishing
 
Total
Six months ended May 29, 2015
 

 
 
 
 

 
 

Revenue
$
1,450,248

 
$
723,631

 
$
97,460

 
$
2,271,339

Cost of revenue
95,038

 
252,308

 
4,625

 
351,971

Gross profit
$
1,355,210

 
$
471,323

 
$
92,835

 
$
1,919,368

Gross profit as a percentage of revenue
93
%
 
65
%
 
95
%
 
85
%
Six months ended May 30, 2014
 

 
 
 
 

 
 

Revenue
$
1,332,678

 
$
644,788

 
$
90,862

 
$
2,068,328

Cost of revenue
74,150

 
223,890

 
5,373

 
303,413

Gross profit
$
1,258,528

 
$
420,898

 
$
85,489

 
$
1,764,915

Gross profit as a percentage of revenue
94
%
 
65
%
 
94
%
 
85
%