Question

Tableau Software provides business analytics software products, including Tableau Desktop, Tableau Server, and Tableau Online. It is considered a leader in the data analytics/business intelligence movement. However, Tableau doesn’t just license its products for use by others. It also provides maintenance, support, training, and professional services to various customers. As a consequence, its income statement shows two sources of operating revenues (product licenses/maintenance and services) and two related costs of goods/services provided to customers. Presented below are the items adapted from its recent income statement for the year ended December 31 (in thousands, except per share amounts). Net earnings per share were minus $2.35, which would normally be noted as ($2.35), and the weighted-average shares used in the computation was 78,869.

Cost of licenses Cost of maintenance and services General and administrative expense Income tax expense License revenue 1262 Maintenance and services $447,855 revenue 100,025 Other income 12,266 102,871 Sales and marketing expense 517,446 6,861 Research and development 334,148 expense 429, 204

Answer 1

Income Statement
Revenues
Licence Revenue	$         4,29,204
Maintenance and Service Revenue	$         4,47,855
Total Revenues		$        8,77,059
Cost of Sales
Cost of Licences	$            13,534
Cost of Maintenance and Service	$         1,00,025
Total Cost of Revenues		$        1,13,559
Gross Income		$        7,63,500
Operating Expenses
General and administrative expense	$         1,02,871
Sales and marketing expense	$         5,17,446
Research and development expense	$         3,34,148
Total Operating expenses		$        9,54,465
Operating Income		$      -1,90,965
Other Income (Expenses)		$           12,266
Income before tax		$      -1,78,699
Income tax expense		$              6,861
Net Income		$      -1,85,560