avid technology inc
(AVID:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)

Financial Statements for avid technology inc (AVID)

Currency in Millions of US Dollars	As of:	Dec 31 2008	Dec 31 2009 Reclassified	Dec 31 2010 Reclassified	Dec 31 2011	4 Year Trend
Revenues		844.9	629.0	678.5	677.9
TOTAL REVENUES		844.9	629.0	678.5	677.9
Cost of Goods Sold		443.1	303.1	324.5	318.2
GROSS PROFIT		401.8	325.9	354.0	359.7
Selling General & Admin Expenses, Total		287.3	234.7	235.1	241.7
R&D Expenses		148.6	121.0	120.2	118.1
Depreciation & Amortization, Total		20.4	12.5	13.0	11.2
OTHER OPERATING EXPENSES, TOTAL		456.3	368.2	368.4	371.0
OPERATING INCOME		-54.5	-42.4	-14.3	-11.3
Interest Expense		-0.6	-0.9	-0.9	-2.1
Interest and Investment Income		3.4	0.8	0.2	0.1
Other Non-Operating Expenses, Total		0.1	0.0	0.2	-0.2
Other Non-Operating Income (Expenses)		0.1	0.0	0.2	-0.2
Merger & Restructuring Charges		-27.3	-27.7	-21.2	-8.9
Impairment of Goodwill		-130.0	--	--	--
Gain (Loss) on Sale of Assets		13.3	0.1	5.1	-0.6
Other Unusual Items, Total		--	--	-5.6	--
EBT, INCLUDING UNUSUAL ITEMS		-195.5	-70.0	-36.6	-22.8
Income Tax Expense		2.7	-1.7	0.4	0.9
Earnings from Continuing Operations		-198.2	-68.4	-37.0	-23.8
NET INCOME		-198.2	-68.4	-37.0	-23.8
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		-198.2	-68.4	-37.0	-23.8
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		-198.2	-68.4	-37.0	-23.8

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