Microsoft 2006 Annual Report Download - page 6

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PAGE 5
SELECTED FINANCIAL DATA, STOCK PRICE INFORMATION,
AND ISSUER PURCHASES OF EQUITY SECURITIES
FINANCIAL HIGHLIGHTS
(In millions, except per share data)
Fiscal Year Ended June 30
2006
2005
2004
2003
2002
Revenue
$44,282
$ 39,788
$36,835 $32,187
$28,365
Operating income
16,472
14,561
9,034 9,545
8,272
Net income
12,599
12,254
8,168 7,531
5,355
Diluted earnings per share
$1.20
$1.12
$0.75
$0.69
$0.48
Cash dividends declared per share
$0.35
$3.40
$0.16
$0.08
$–
Cash and short-
t
erm investments
34,16
1
37,751
60,592 49,048
38,652
Total assets
69,597
70,815
94,368 81,732
69,910
Lon
g
-
t
erm obligations
7,05
1
5,823
4,574 2,846
2,722
Stockholders’ equity
40,104
48,115
74,825 64,912
54,842
Our common stock is traded on The NASDAQ Stock Market under the symbol MSFT. On August 18, 2006, there were 148,993
registered holders of record of our common stock. The high and low common stock prices per share were as follows:
Quarter Ended
S
ep. 30
Dec. 31
Mar. 31
June
30
Y
ear
Fiscal year 2005
Common stock price per share:
High
$
29.00
$
29.98 $
26.84
$
26.07
$29.98
Low
$
26.88
$
26.53 $
23.92
$
24.12
$23.92
Fiscal year 2006
Common stock price per share:
High
$
27.76
$
28.16 $
28.15
$
27.74
$28.16
Low
$
24.65
$
24.30 $
26.28
$
21.51
$21.51
See Note 12 – Stockholders’ Equity of the Notes to Financial Statements for information regarding dividends approved by our
Board of Directors in fiscal years 2006 and 2005.
On July 20, 2006, we announced the completion of the repurchase program, approved by our Board of Directors on July 20,
2004, to buy back up to $30 billion in Microsoft common stock. The repurchases were made using our cash resources. We
repurchased common stock in each quarter of fiscal year 2006 as follows:
Period
Total number of
shares purchased
A
verage price
paid per share
Jul
y
1, 2005 – September 30, 2005
114,134,218
$26.54
October 1, 2005 – December 31, 2005
283,112,246
$27.08
Januar
y
1, 2006 – March 31, 2006
180,720,830
$27.00
April 1, 2006 – June 30, 2006
175,609,060
$23.78