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Statement of Operations by Fiscal Year, In Thousands USD

	FY-14	FY-15	FY-16	FY-17	FY-18
Revenues:
Products and licenses	520,312	555,792	572,964	559,026	525,557
Security subscriptions	265,021	318,624	389,885	480,352	542,323
Software updates and maintenance	710,483	755,422	778,452	815,280	848,595
Total revenues	1,495,816	1,629,838	1,741,301	1,854,658	1,916,475
Operating expenses:
Cost of products and licenses	95,802	101,093	105,901	104,095	91,805
Cost of security subscriptions	5,626	7,623	10,841	18,869	17,725
Cost of Software updates and maintenance	73,783	76,948	80,924	85,074	85,493
Total cost of revenues	175,211	185,664	197,666	208,038	195,023
Research & Development	124,016	131,589	158,066	168,565	188,042
Selling and Marketing	291,158	340,186	398,000	411,885	476,790
General & Administrative	39,102	45,159	39,437	41,758	41,608
Total operating expenses Non-GAAP*	629,487	702,598	793,169	830,246	901,463
Stock-based compensation	63,169	76,302	82,732	87,459	89,326
Amortization of intangible assets & acquisition related expenses	2,106	11,221	13,130	13,036	11,912
Total operating expenses GAAP	694,762	790,121	889,031	930,741	1,002,701
Operating income GAAP	801,054	839,717	852,270	923,917	913,774
Operating income Non-GAAP*	866,329	927,240	948,132	1,024,412	1,015,012
Financial income, net	28,762	34,073	44,402	47,029	65,066
Income before taxes GAAP	829,816	873,790	896,672	970,946	978,840
Income before taxes Non-GAAP*	895,091	961,313	992,534	1,071,441	1,080,078
Income taxes GAAP	170,245	187,924	171,825	168,023	157,535
Income taxes Non-GAAP*	179,738	195,110	174,292	183,414	169,031
Net income GAAP	659,571	685,866	724,847	802,923	821,305
Net income Non GAAP *	715,353	766,203	818,242	888,027	911,047
Earning Per Share (Diluted) GAAP	3.43	3.74	4.18	4.82	5.15
Earning Per Share (Diluted) Non GAAP *	3.72	4.17	4.72	5.33	5.71
Shares Outstanding (Diluted)	192,300	183,619	173,296	166,662	159,447

* Non GAAP exclude non-cash equity-based compensation charges, amortization of intangible assets and acquisition related expenses, restructuring-related charges, acquisition related in-process R&D, other than temporary impairment of marketable securities, net, and the related tax affects.