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Company Name: FactSet Research Systems Inc.

Form Type: 10-K

Filed On: 10/31/2011

Income Statement

Years Ended August 31, 2,009 2,010 2,011

Revenues $622,023.00 $641,059.00 $726,510.00

Operating expenses

Cost of services 209,364 206,550 244,623

Selling, general and administrative 201,629 212,875 243,552

Total operating expenses 410,993 419,425 488,175

Operating income 211,030 221,634 238,335

Other income 1,092 547 623

Income before income taxes 212,122 222,181 238,958

Provision for income taxes 67,172 71,970 67,912

Net income $144,950.00 $150,211.00 $171,046.00

Basic earnings per common share $3.07 $3.22 $3.72

Diluted earnings per common share $2.97 $3.13 $3.61

Weighted average common shares (Basic) 47,158 46,698 45,953

Weighted average common shares (Diluted) 48,789 48,004 47,355

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Form Type: 10-K

Filed On: 10/31/2011

Income Statement

(in thousands, except per share data) Years Ended August 31,

2007 2008 2009 2010 2011

Revenues $475,801 $575,519 $622,023 $641,059 $726,510

Cost of services 209,364 206,550 244,623


Operating income 155,091 183,887 211,030 221,634 238,335

Other income 1,092 547 623Income before income taxes 155,091 183,887 212,122 222,181 238,958

Provision for income taxes 53,309 64,030 67,172 71,970 67,912

Net income 109,567 125,017 144,950 150,211 171,046

Diluted earnings per common share $2.14 $2.50 $2.97 $3.13 $3.61

Weighted average common shares (diluted) 51,284 50,080 48,789 48,004 47,355

Cash dividends declared per common share $0.36 $0.60 $0.76 $0.86 $1.00

Professionals Using FactSet 42,800 48,100

Client Count 2,110 2,237

$15.10$1.26

Consolidated Balance Sheet Data

(in thousands) August 31,

2007 2008 2009 2010 2011

Cash, cash equivalents and investments $186,222.00 $143,018.00 $216,320.00 $195,741.00 $181,685.00

Accounts receivable, net of reserves 59,579 74,859 62,854 59,693 75,004

Goodwill and intangible assets, net 182,976 246,113 227,705 274,170 274,575

Total assets 523,750 587,274 633,952 644,608 657,440

Non-current liabilities 23,789 29,177 33,760 32,926 32,829

Total stockholders' equity $409,311.00 $465,471.00 $500,829.00 $502,406.00 $515,188.00

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Form Type: 10-K

Filed On: 10/31/2011

Consolidated Financial Statements:

Management's Statement of Responsibility for Financial Statements 49

Management's Report on Internal Control over Financial Reporting 49

Report of Independent Registered Public Accounting Firm 50

Consolidated Statements of Income for the years ended August 31,

2011, 2010 and 2009 51

Consolidated Statements of Financial Condition at August 31, 2011

and 2010 52

Consolidated Statements of Cash Flows for the years ended August

31, 2011, 2010 and 2009 53

Consolidated Statements of Changes in Stockholders' Equity for the

years ended August 31, 2011, 2010 and 2009 54

Notes to the Consolidated Financial Statements 55

Financial Statement Schedule:

Schedule II - Valuation and Qualifying Accounts 85

Income Statement

Page(s)

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Form Type: 10-K

Filed On: 10/31/2011

Years Ended August 31,

Revenues $726,510.00 $641,059.00 $622,023.00

Operating expenses

Cost of services 244,623 206,550 209,364


Total operating expenses 488,175 419,425 410,993


Other income 623 547 1,092

Income before income taxes 238,958 222,181 212,122

Provision for income taxes 67,912 71,970 67,172

Net income $171,046.00 $150,211.00 $144,950.00

Basic earnings per common share $3.72 $3.22 $3.07


Weighted average common shares (Basic) 45,953 46,698 47,158

Weighted average common shares (Diluted) 47,355 48,004 48,789

Income Statement

2,011 2,010 2,009

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Form Type: 10-K

Filed On: 10/31/2011


CASH FLOWS FROM OPERATING ACTIVITIES

Net income $171,046.00 $150,211.00 $144,950.00

Adjustments to reconcile net income to net cash provided by

operating activities

Depreciation and amortization 36,847 37,343 34,337

Stock-based compensation expense 25,773 14,065 13,623Deferred income taxes ($1,806.00) ($5,827.00) ($4,318.00)

Gain on sale of assets ($22.00) ($80.00) ($101.00)

Tax benefits from share-based payment arrangements ($18,331.00) ($24,492.00) ($4,374.00)

Changes in assets and liabilities, net of effects of acquisition

Accounts receivable, net of reserves ($15,311.00) 3,883 12,005

Accounts payable and accrued expenses 188 ($1,308.00) 3,081

Accrued compensation ($7,882.00) 7,440 4,212

Deferred fees 3,219 ($7,759.00) ($526.00)

Taxes payable, net of prepaid taxes 20,387 35,781 1,547

Prepaid expenses and other assets ($6,597.00) 281 ($3,163.00)Deferred rent and other non-current liabilities ($676.00) ($359.00) 3,209

Other working capital accounts, net 301 1,901 3,288

Net cash provided by operating activities 207,136 211,080 207,770

CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of business, net of cash acquired - ($55,180.00) -

Proceeds from sales of investments - - 25,260

Purchases of property, equipment and leasehold improvements, net

of proceeds from dispositions ($29,343.00) ($20,768.00) ($24,040.00)

Net cash (used in) provided by investing activities ($29,343.00) ($75,948.00) 1,220

CASH FLOWS FROM FINANCING ACTIVITIES

Dividend payments ($43,949.00) ($38,494.00) ($34,770.00)

Repurchase of common stock ($216,584.00) ($192,816.00) ($103,827.00)

Proceeds from employee stock plans 43,079 55,250 23,804

Tax benefits from share-based payment arrangements 18,331 24,492 4,374

Net cash used in financing activities ($199,123.00) ($151,568.00) ($110,419.00)

Effect of exchange rate changes on cash and cash equivalents 7,274 ($4,143.00) ($237.00)

Cash Flow

2,011 2,010 2,009

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Net (decrease) increase in cash and cash equivalents ($14,056.00) ($20,579.00) 98,334

Cash and cash equivalents at beginning of year 195,741 216,320 117,986

Cash and cash equivalents at end of year $181,685.00 $195,741.00 $216,320.00

Supplemental Disclosure of Cash Flow InformationCash paid during the year for income taxes $36,869.00 $38,450.00 $64,536.00

Supplemental Disclosure of Non-Cash Transactions

Dividends declared, not paid $12,165.00 $10,586.00 $9,348.00

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Form Type: 10-K

Filed On: 10/31/2011

Designation of Derivatives Balance Sheet Location

Derivatives designated as hedging instruments Assets: Foreign Currency Forward Contracts

Other current assets $897.00 $879.00

Liabilities: Foreign Currency Forward Contracts

Accounts payable and accrued expenses $ - ($1,027.00)

Deferred rent and other non-current liabilities - ($193.00)

Total liabilities $ - ($1,220.00)

Derivatives not designated as hedging instruments None $ - $ -

Net Derivative Assets (Liabilities) $897.00 ($341.00)

Balance Sheet

Aug 31, 2011 Aug 31, 2010

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Form Type: 10-K

Filed On: 10/31/2011

Receivable reserveand billing adjustments*

2,011 $1,862.00 $1,748.00

2,010 $1,712.00 $2,903.00

2,009 $1,681.00 $2,488.00

Income Statement

Balance at Beginning of Year Charged to Expense/ Against Revenue

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$1,655.00 $1,955.00

$2,753.00 $1,862.00

$2,457.00 $1,712.00

Write-offs, Net of Recoveries Balance at End of Year

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Form Type: 10-K

Filed On: 10/31/2011

(in thousands)Years Ended August 31,U.S $497,564.00 $435,351.00 $423,926.00

% of revenues 68.50% 67.90% 68.20%

Europe $178,693.00 $161,649.00 $156,610.00

Asia Pacific 50,253 44,059 41,487

International $228,946.00 $205,708.00 $198,097.00

% of revenues 31.50% 32.10% 31.80%

Consolidated $726,510.00 $641,059.00 $622,023.00

2011 2010 2009

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Form Type: 10-K

Filed On: 10/31/2011

Name of Officer Office Held with the CompanyPhilip A. Hadley 49 Chairman of the Board of Directors, Chief Executive Officer 2,000

Peter G. Walsh 46 Executive Vice President, Chief Operating Officer 2,005

Michael D. Frankenfield 46 Executive Vice President, Director of Global Sales 2,001

Maurizio Nicolelli 43

Senior Vice President, Director of Finance and Principal Financial

Officer 2,009

Kieran M. Kennedy 46 Senior Vice President, Director of Global Sales Operations 2,002

Age Officer Since

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Form Type: 10-K

Filed On: 10/31/2011

Years Ended August 31,2,012 $25,897.00

2,013 25,119

2,014 20,484

2,015 17,602

2,016 13,975

Thereafter 46,683

Total $149,760.00

Minimum Lease Payments

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Form Type: 10-K

Filed On: 10/31/2011

2,011

High $90.82 $108.32 $112.40 $111.00

Low $74.17 $89.77 $96.49 $78.25

2,010

High $74.63 $76.76 $77.64 $78.83

Low $54.55 $61.15 $66.19 $64.89

FIRST SECOND THIRD FOURTH

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Form Type: 10-K

Filed On: 10/31/2011

Declaration Date Type Record DateAugust 11, 2011 $0.27 Regular (cash) August 31, 2011

May 9, 2011 $0.27 Regular (cash) May 31, 2011

February 9, 2011 $0.23 Regular (cash) February 28, 2011

November 10, 2010 $0.23 Regular (cash) November 30, 2010

Dividends Per Share of Common Stock Total Amount (in thousands

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Payment Date$12,165.00 September 20, 2011

$12,374.00 June 21, 2011

$10,612.00 March 15, 2011

$10,660.00 December 21, 2010

)

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Form Type: 10-K

Filed On: 10/31/2011

PeriodJune 2011 170,000 $100.13 170,000

July 2011 415,000 $97.34 415,000

August 2011 305,000 $85.95 305,000

890,000 $93.97 890,000

Total number of shares Average price paid per share Total number of shares purchased as Maximum number of shares (or appro

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$209,092.00

$168,697.00

$142,481.00

imate dollar value) of shares that

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Form Type: 10-K

Filed On: 10/31/2011

FactSet Research Systems Inc $199.00 $167.00 $125.00 $142.00 $136.00 $100.00

S&P 500 Index $93.00 $80.00 $78.00 $98.00 $113.00 $100.00

NYSE Composite Index $90.00 $80.00 $79.00 $100.00 $114.00 $100.00

Dow Jones U.S. Financial Services Index $39.00 $39.00 $45.00 $62.00 $99.00 $100.00

For the Years Ended August 31,2,011 2,010 2,009 2,008 2,007 2,006

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Form Type: 10-K

Filed On: 10/31/2011


Revenues $726,510.00 $641,059.00 13.30% $641,059.00

Cost of services 244,623 206,550 18.40% 206,550

Selling, general and administrative 243,552 212,875 14.40% 212,875

Operating income 238,335 221,634 7.50% 221,634

Net income $171,046.00 $150,211.00 13.90% $150,211.00

Diluted earnings per common share $3.61 $3.13 15.30% $3.13

Diluted weighted average common shares 47,355 48,004 48,004

2011 2010 Change 2010 2009

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$622,023.00 3.10%

209,364 (1.3 )%

201,629 5.60%

211,030 5.00%

$144,950.00 3.60%

$2.97 5.40%

48,789

Change

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Form Type: 10-K

Filed On: 10/31/2011

(in thousands)Years Ended August 31,U.S $497,564.00 $435,351.00 $423,926.00

% of revenues 68.50% 67.90% 68.20%

Europe $178,693.00 $161,649.00 $156,610.00

Asia Pacific 50,253 44,059 41,487

International $228,946.00 $205,708.00 $198,097.00

% of revenues 31.50% 32.10% 31.80%

Consolidated $726,510.00 $641,059.00 $622,023.00

2011 2010 2009

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Form Type: 10-K

Filed On: 10/31/2011

(in thousands)Years Ended August 31,Cost of services $244,623.00 $206,550.00 $209,364.00


Total operating expenses $488,175.00 * $419,425.00 $410,993.00

Operating income $238,335.00 $221,634.00 $211,030.00

Operating Margin 32.8 %* 34.60% 33.90%

2011 2010 2009

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Form Type: 10-K

Filed On: 10/31/2011

(in thousands)Years Ended August 31,

U.S $135,327.00 $124,976.00 $126,190.00

Europe 79,637 72,239 60,132

Asia Pacific 23,371 24,419 24,708

Consolidated $238,335.00 $221,634.00 $211,030.00

2011 2010 2009

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Form Type: 10-K

Filed On: 10/31/2011


Other income $623.00 $547.00 $1,092.00

Provision for income taxes* $67,912.00 $71,970.00 $67,172.00

Net income $171,046.00 $150,211.00 $144,950.00


Effective Tax Rate* 28.40% 32.40% 31.70%

2011 2010 2009

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Form Type: 10-K

Filed On: 10/31/2011


Net cash provided by operating activities $207,136.00 $211,080.00 $207,770.00

Capital expenditures (1) ($29,343.00) ($20,768.00) ($24,040.00)

Free cash flow (2) $177,793.00 $190,312.00 $183,730.00

Net cash (used in) provided by investing activities ($29,343.00) ($75,948.00) $1,220.00

Net cash used in financing activities ($199,123.00) ($151,568.00) ($110,419.00)

Cash and cash equivalents at end of year (August 31) $181,685.00 $195,741.00 $216,320.00

2011 2010 2009

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Form Type: 10-K

Filed On: 10/31/2011

Note payable $- $- $- $-

Operating leases (1) 25,897 45,603 31,577 46,683

Purchase obligations (2) 46,437 1,212 160 -

Deferred rent and other non-current liabilities 21,913 - - -

Total by period $94,247.00 $46,815.00 $31,737.00 $46,683.00

Non-current taxes payable and deferred taxes (3)

Total contractual obligations

Payments due by period

2,012 2013-2014 2015-2016 2017 and thereafter

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$-

149,760

47,809

21,913

$219,482.00

10,916

$230,398.00

Total

Company Name FactSet Research Systems Inc

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Form Type: 10-K

Filed On: 10/31/2011

Declaration Date Type Record Date

August 11, 2011 $0.27 Regular (cash) August, 31 2011




August 10, 2010 $0.23 Regular (cash) August 31, 2010




Dividends Per Share of Common Stock Total $ Amount (in thousand

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Payment Date

$12,165.00 September 20, 2011

$12,374.00 June 21, 2011

$10,612.00 March 15, 2011

$10,660.00 December 21, 2010

$10,586.00 September 21, 2010

$10,655.00 June 15, 2010

$9,329.00 March 16, 2010

$9,423.00 December 15, 2009

)


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Form Type: 10-K

Filed On: 10/31/2011

VestingPercentage

0.00% $ - ($760.00)

20.00% $2,268.00 $ -

60.00% $6,804.00 $1,520.00

100.00% $11,340.00 $3,040.00

Total Unamortized Stock-based Compensation Expense at August 31, 2011 One-time Adjustment* Average Remaining Quarterly Expens

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$ -

$136.00

$408.00

$680.00

to be Recognized


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Form Type: 10-K

Filed On: 10/31/2011

At August 31,

CURRENT ASSETS

Cash and cash equivalents $181,685.00 $195,741.00

Accounts receivable, net of reserves of $1,955 and $1,862 at August

31, 2011 and 2010, respectively 75,004 59,693

Deferred taxes 4,008 2,812

Prepaid expenses and other current assets 12,473 6,899

Total current assets 273,170 265,145

LONG-TERM ASSETSProperty, equipment and leasehold improvements, at cost 173,990 160,952

Less accumulated depreciation and amortization ($92,370.00) ($81,457.00)

Property, equipment and leasehold improvements, net 81,620 79,495

Goodwill 228,265 221,991

Intangible assets, net 46,310 52,179


Other assets 7,909 6,197

TOTAL ASSETS $657,440.00 $644,608.00

CURRENT LIABILITIES

Accounts payable and accrued expenses $24,603.00 $23,976.00

Accrued compensation 41,536 48,607

Deferred fees 28,252 25,034

Taxes payable 2,867 1,073

Dividends payable 12,165 10,586

Total current liabilities 109,423 109,276

NON-CURRENT LIABILITIES


Taxes payable 7,204 7,346

Deferred rent and other non-current liabilities 21,913 21,849

TOTAL LIABILITIES $142,252.00 $142,202.00

Commitments and contingencies (See Note 16)

STOCKHOLDERS' EQUITY

2011 2010

Preferred stock, $.01 par value, 10,000,000 shares authorized, none

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issued $ - $ -

Common stock, $.01 par value, 100,000,000 shares authorized,

61,427,391 and 60,142,905 shares issued; 45,055,219 and

46,024,137 shares outstanding at August 31, 2011 and 2010,

respectively 614 601

Additional paid-in capital 432,538 344,144

Treasury stock, at cost 16,372,172 and 14,118,768 shares at August

31, 2011 and 2010, respectively ($824,382.00) ($607,798.00)

Retained earnings 912,078 786,844

Accumulated other comprehensive loss ($5,660.00) ($21,385.00)

TOTAL STOCKHOLDERS' EQUITY 515,188 502,406

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $657,440.00 $644,608.00


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Form Type: 10-K

Filed On: 10/31/2011


COMMON STOCK

Balance, beginning of year $601.00 $581.00 $571.00

Common stock issued for employee stock plans 13 20 10

Balance, end of year $614.00 $601.00 $581.00

ADDITIONAL PAID-IN CAPITAL

Balance, beginning of year $344,144.00 $248,840.00 $206,585.00

Common stock issued for employee stock plans 44,290 56,747 24,258

Stock-based compensation expense 25,773 14,065 13,623Tax benefits from share-based payment arrangements 18,331 24,492 4,374

Balance, end of year $432,538.00 $344,144.00 $248,840.00

TREASURY STOCK

Balance, beginning of year ($607,798.00) ($414,995.00) ($311,248.00)


Balance, end of year ($824,382.00) ($607,798.00) ($414,995.00)

RETAINED EARNINGS


Net income 171,046 150,211 144,950

Dividends ($45,812.00) ($39,993.00) ($35,705.00)


ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Balance, beginning of year ($21,385.00) ($10,223.00) $2,182.00

Foreign currency translation adjustments 14,897 ($10,073.00) ($13,390.00)Net unrealized loss on investments, net of tax - - ($72.00)

Net unrealized gain (loss) on cash flow hedges, net of tax 828 ($1,089.00) 1,057

Balance, end of year ($5,660.00) ($21,385.00) ($10,223.00)

TOTAL STOCKHOLDERS' EQUITY


Net income 171,046 150,211 144,950

Common stock issued for employee stock plans 44,303 56,767 24,268

Stock-based compensation expense 25,773 14,065 13,623

Tax benefits from share-based payment arrangements 18,331 24,492 4,374


2011 2010 2009

Foreign currency translation adjustments 14,897 ($10,073.00) ($13,390.00)

Net unrealized loss on investments net of tax ($72 00)

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Net unrealized loss on investments, net of tax - - ($72.00)

Net unrealized gain (loss) on cash flow hedges, net of tax 828 ($1,089.00) 1,057

Dividends ($45,812.00) ($39,993.00) ($35,705.00)


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Form Type: 10-K

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Form Type: 10 K

Filed On: 10/31/2011

August 31, 2010

Assets

Corporate money market funds $172,218.00 $ - $ - $172,218.00

Derivative instruments - 879 - 879

Total assets measured at fair value $172,218.00 $879.00 $ - $173,097.00

Liabilities

Derivative instruments $ - $1,220.00 $ - $1,220.00

Total liabilities measured at fair value $ - $1,220.00 $ - $1,220.00

Fair Value Measurements at Reporting Date Using

Level 1 Level 2 Level 3 Total


Form Type: 10-K

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yp

Filed On: 10/31/2011

August 31, 2011Cash equivalents $161,168.00 $ - $ - $161,168.00

Other current assets (derivative assets) 897 897

Total assets measured at fair value $161,168.00 $897.00 $ - $162,065.00

Accounts payable and accrued liabilities (derivative liabilities) $ - $ - $ - $ -

Deferred rent and other non-current liabilities (derivative liabilities) - - - -

Total liabilities measured at fair value $ - $ - $ - $ -

Fair Value Measurements at Reporting Date Using

Level 1 Level 2 Level 3 Total


Form Type: 10-K

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Filed On: 10/31/2011

Cash on hand $20,517.00 $ - $20,517.00Corporate money market funds 161,168 - 161,168

Total cash and cash equivalents $181,685.00 $ - $181,685.00

Amortized Cost Gross Unrealized Gain Fair Value


Form Type: 10-K

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Filed On: 10/31/2011

Cash on hand $23,523.00 $ - $23,523.00Corporate money market funds 172,218 - 172,218

Total cash and cash equivalents $195,741.00 $ - $195,741.00

Amortized Cost Gross Unrealized Gain Fair Value


Form Type: 10-K

O

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Filed On: 10/31/2011

Currency Hedged (Buy/Sell)Euro / U.S. Dollar $8,422.00 $42,367.00 $916.00

British Pound Sterling / U.S. Dollar - 30,978 -

Japanese Yen / U.S. Dollar 196 - ($19.00)

Total $8,618.00 $73,345.00 $897.00

Gross Notional Value Fair Value Asset (Liability)

Aug 31, 2011 Aug 31, 2010 Aug 31, 2011 Aug 31, 2010

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($1,220.00)

879

-

($341.00)


Form Type: 10-K

Filed On: 10/31/2011

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Filed On: 10/31/2011

Location of Gain Reclassified from AOCLI into Income (EffectivePortion)

Derivatives in Cash Flow Hedging Relationships

Foreign currency forward contracts $5,010.00 ($287.00) SG&A

Gain (Loss) Recognized in AOCLI on Derivatives(Effective Portion)

2,011 2,010

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$4,182.00 $802.00

Gain Reclassified from AOCLI to Income (EffectivePortion)

2,011 2,010


Form Type: 10-K

Filed On: 10/31/2011

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Beginning balance, net of tax ($238.00) $851.00

Changes in fair value 5,010 ($287.00)

Realized gain reclassified to earnings ($4,182.00) ($802.00)

Ending balance, net of tax $590.00 ($238.00)

Twelve Months Ended August 31,

2,011 2,010


Form Type: 10-K

Filed On: 10/31/2011

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Year Ended August 31, 2011

Revenues from clients $497,564.00 $178,693.00 $50,253.00 $726,510.00Segment operating profit 135,327 79,637 23,371 238,335

Total assets 353,205 274,139 30,096 657,440

Depreciation and amortization 27,463 6,092 3,292 36,847

Stock-based compensation 23,091 2,364 318 25,773

Capital expenditures 20,588 2,770 5,985 29,343


Revenues from clients $435,351.00 $161,649.00 $44,059.00 $641,059.00

Segment operating profit 124,976 72,239 24,419 221,634

Total assets 401,684 216,171 26,753 644,608

Depreciation and amortization 28,866 6,466 2,011 37,343


Capital expenditures 13,890 684 6,194 20,768


Revenues from clients $423,926.00 $156,610.00 $41,487.00 $622,023.00

Segment operating profit 126,190 60,132 24,708 211,030

Total assets 410,420 203,551 19,981 633,952

Depreciation and amortization 26,992 6,750 595 34,337


Capital expenditures 19,144 2,772 2,124 24,040

U.S Europe Asia Pacific Total




Form Type: 10-K

Filed On: 10/31/2011

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Revenues*United States $497,564.00 $435,351.00 $423,926.00

United Kingdom 104,698 94,749 91,811

All other European countries 73,995 66,900 64,799

Asia Pacific 50,253 44,059 41,487

Total revenues $726,510.00 $641,059.00 $622,023.00

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

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At August 31,

Long-lived Assets**United States $60,092.00 $62,275.00 $72,558.00

United Kingdom 6,863 7,457 9,066

All other European countries 4,075 2,283 3,424

India 4,453 3,283 771

Philippines 4,181 2,413 957

All other Asia Pacific countries 1,956 1,784 1,603

Total long-lived assets $81,620.00 $79,495.00 $88,379.00

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

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Balance at August 31, 2009 $99,696.00 $78,140.00 $3,519.00 $181,355.00

Goodwill acquired during the period 46,130 - - 46,130

Foreign currency translations - ($5,862.00) 368 ($5,494.00)


Goodwill acquired during the period - - - -

Foreign currency translations - 5,894 380 6,274




Form Type: 10-K

Filed On: 10/31/2011

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At August 31, 2011

Data content $52,438.00 $16,849.00 $35,589.00Client relationships 21,088 12,782 8,306

Software technology 19,093 18,222 871

Non-compete agreements 1,750 437 1,313

Trade names 572 341 231

Total $94,941.00 $48,631.00 $46,310.00

Gross Carrying Amount Accumulated Amortization Net Carrying Amount


Form Type: 10-K

Filed On: 10/31/2011

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Data content 5.0 years $8,070.00Client relationships 9.0 years 6,990

Non-compete agreements 5.0 years 1,750

Trade name 3.0 years 380

Total 6.6 years $17,190.00

Weighted Average Amortization Acquisition Cost

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Form Type: 10-K

Filed On: 10/31/2011

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At August 31,

Leasehold improvements $83,478.00 $75,453.00Computers and related equipment 65,934 63,958

Furniture and fixtures 24,578 21,541

Subtotal $173,990.00 $160,952.00

Less accumulated depreciation and amortization ($92,370.00) ($81,457.00)

Property, equipment and leasehold improvements, net $81,620.00 $79,495.00

2011 2010


Form Type: 10-K

Filed On: 10/31/2011

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Balance, beginning of year 46,024 46,740 47,969Common stock issued for employee stock plans 1,283 2,068 956


Balance, end of year 45,055 46,024 46,740

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

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Years Ended August 31,Basic EPS

Income available to common stockholders $171,046.00 $150,211.00 $144,950.00 45,953 46,698

Diluted EPS

Dilutive effect of stock options and restricted stock 1,402 1,306

Income available to common stockholders plus assumed

conversions $171,046.00 $150,211.00 $144,950.00 47,355 48,004

Net Income (Numerator) Weighted Average Common Sha

2,011 2,010 2,009 2,011 2,010

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47,158 $3.72 $3.22 $3.07

1,631

48,789 $3.61 $3.13 $2.97

2,009 2,011 2,010 2,009

res Per Share Amount


Form Type: 10-K

Filed On: 10/31/2011

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Declaration Date Type Record Date

August 11, 2011 $0.27 Regular (cash) August, 31 2011May 9, 2011 $0.27 Regular (cash) May 31, 2011



August 10, 2010 $0.23 Regular (cash) August 31, 2010




Dividends Per Share of Common Stock Total $ Amount (in thousand

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Payment Date

$12,165.00 September 20, 2011$12,374.00 June 21, 2011

$10,612.00 March 15, 2011

$10,660.00 December 21, 2010

$10,586.00 September 21, 2010

$10,655.00 June 15, 2010

$9,329.00 March 16, 2010

$9,423.00 December 15, 2009

)


Form Type: 10-K

Filed On: 10/31/2011

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Net income $171,046.00 $150,211.00 $144,950.00Other comprehensive income, net of tax:

Net unrealized loss on investments - - ($72.00)

Net unrealized gain (loss) on cash flow hedges 828 ($1,089.00) 1,057

Foreign currency translation adjustments 14,897 ($10,073.00) ($13,390.00)

Comprehensive Income $186,771.00 $139,049.00 $132,545.00

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

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At August 31,

Accumulated unrealized gain (loss) on cash flow hedges, net of tax $590.00 ($238.00) $851.00

Accumulated foreign currency translation adjustments ($6,250.00) ($21,147.00) ($11,074.00)

Total accumulated other comprehensive (loss) ($5,660.00) ($21,385.00) ($10,223.00)

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

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At August 31,Outstanding at fiscal year end 6,132 $57.28 6,451

Exercisable at fiscal year end 2,643 $38.99 3,331

2011 2010

Number of Shares Weighted Average Exercise Price Per Share Number of Shares

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$47.73 7,553 $39.51

$34.49 4,554 $28.78

2009

Weighted Average Exercise Price Per Share Number of Shares Weighted Average Exercise Price Per Share

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$71,721.00

$41,483.00

$15,795.00

$278.00

$ -

$129,277.00


Form Type: 10-K

Filed On: 10/31/2011

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Balance at August 31, 2008 8,916 $40.11

Granted - non performance-based 330 36.0

Granted - non-employee Directors grant 69 42.1

Exercised ($797.00) 22.2

Forfeited* ($965.00) 58.3



Granted - performance-based 1,721 66.9


Exercised ($1,980.00) 25.8Forfeited** ($1,191.00) 64.5



Granted - performance-based 892 89.4


Exercised ($1,209.00) 32.1

Forfeited ($108.00) 66.6


Number Weighted Average Exercise Price Per Share


Form Type: 10-K

Filed On: 10/31/2011

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VestingPercentage

0.00% $ - ($760.00)

20.00% $2,268.00 $ -

60.00% $6,804.00 $1,520.00

100.00% $11,340.00 $3,040.00

Total Unamortized Stock-based Compensation Expense at August 31, 2011 One-time Adjustment* Average Remaining Quarterly Expens

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$ -

$136.00

$408.00

$680.00

to be Recognized


Form Type: 10-K

Filed On: 10/31/2011

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Balance at August 31, 2009 - $ -

Granted (restricted stock and stock units) 267 $61.67

Vested - $ -

Canceled/forfeited ($6.00) $62.85

Balance at August 31, 2010 261 $61.65

Granted (restricted stock and stock units) 154 $87.55

Vested - $ -

Canceled/forfeited ($8.00) $69.41

Balance at August 31, 2011 407 $71.31

Number Weighted Average Grant Date Fair Value Per Award


Form Type: 10-K

Filed On: 10/31/2011

Sh b d A d A il bl f Sh b d A d A il bl f

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Balance at August 31, 2008 3,489 -

Adoption of the 2008 Non-Employee Plan - 250

Granted - non performance-based options ($330.00) -

Granted - non-employee Directors grant - ($69.00)

Restricted stock awards granted* - -

Share-based awards canceled/forfeited 965 -

Balance at August 31, 2009 4,124 181


Granted - performance-based options ($1,721.00) -

Granted - non-employee Directors grant - ($19.00)Restricted stock awards granted* ($667.00) -

Share-based awards canceled/forfeited 1,204 -

Share-based awards expired** ($395.00) -


Amendment to the 2004 Stock Option and Award Plan to increase

the number of shares available for issuance*** 4,000 -


Granted - performance-based options ($892.00) -

Granted - non-employee Directors grant - ($15.00)Restricted stock awards granted* ($386.00) -

Share-based awards canceled/forfeited 130 -


Share-based Awards Available for Share-based Awards Available for


Form Type: 10-K

Filed On: 10/31/2011

2011 2010 2009

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Stock-based compensation $25,773.00 * $14,065.00 $13,623.00

Tax impact of stock-based compensation ($7,990.00) ($4,627.00) ($4,550.00)

Stock-based compensation, net of tax $17,783.00 $9,438.00 $9,073.00

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

2011 2010 2009

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Term structure of risk-free interest rate 0.18% - 1.88% 0.15% - 3.30% 0.89% - 3.09%

Expected life 4.0 - 6.5 years 4.0 - 6.7 years 5.0 - 5.4 years

Term structure of volatility 23% - 35% 27% - 36% 33% - 38%

Dividend yield 1.25% 1.51% 2.01%

Weighted average estimated fair value $24.78 $20.22 $9.39

Weighted average exercise price $89.39 $66.35 $36.00

Fair value as a percentage of exercise price 27.70% 30.50% 26.10%

2011 2010 2009


Form Type: 10-K

Filed On: 10/31/2011

Risk-free interest rate 2.13%

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Risk free interest rate 2.13%

Expected life 5.43 years

Expected volatility 31.10%

Dividend yield 1.18%


Form Type: 10-K

Filed On: 10/31/2011


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Form Type: 10-K

Filed On: 10/31/2011


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Form Type: 10-K

Filed On: 10/31/2011

2011 2010 2009

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Risk-free interest rate 0.10% 0.12% 0.31%

Expected life 3 months 3 months 3 months

Expected volatility 11.90% 13.80% 24.60%

Dividend yield 1.04% 1.33% 1.72%


Form Type: 10-K

Filed On: 10/31/2011


U S ti $58 125 00 $62 554 00 $63 650 00

2011 2010 2009

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U.S. operations $58,125.00 $62,554.00 $63,650.00

Non-U.S. operations 9,787 9,416 3,522

Total provision for income taxes $67,912.00 * $71,970.00 ** $67,172.00 ***

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Form Type: 10-K

Filed On: 10/31/2011

Deferred:

U S federal $606 00 $5 718 00 $3 050 00

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U.S. federal $606.00 $5,718.00 $3,050.00

U.S. state and local 27 279 230Non-U.S 941 735 1,048

Total deferred taxes $1,574.00 $6,732.00 $4,328.00

Total tax provision $67,912.00 $71,970.00 $67,172.00

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Form Type: 10-K

Filed On: 10/31/2011


Tax at federal U.S. statutory tax rate 35.00% 35.00% 35.00%

2011 2010 2009

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y

Increase (decrease) in taxes resulting from:State and local taxes, net of U.S. federal income tax benefit 2.2 2.1 2.7

Foreign income at other than U.S. rates ($1.70) ($1.80) ($1.00)

Domestic production activities (Section 199) deduction ($2.10) ($1.90) ($1.60)

Income tax benefit from R&D tax credits ($4.90) ($0.60) ($2.20)

Income tax benefits from foreign tax credits ($0.70) ($0.50) ($1.30)

Other, net 0.6 0.1 0.1

Effective tax rate 28.40% 32.40% 31.70%


Form Type: 10-K

Filed On: 10/31/2011

At August 31,

Deferred tax assets

2011 2010

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CurrentReceivable reserve $736.00 ($700.00)

Deferred rent 3,272 3,397

Other - 115

Net current deferred taxes $4,008.00 $2,812.00

Non-current

Depreciation on property, equipment and leasehold improvements $2,437.00 $5,078.00

Deferred rent 2,793 2,788

Stock-based compensation 18,096 13,087

Purchased intangible assets, including acquired technology ($4,549.00) ($3,293.00)

Other 1,389 1,941

Net non-current deferred taxes $20,166.00 $19,601.00

Total deferred tax assets $24,174.00 $22,413.00


Form Type: 10-K

Filed On: 10/31/2011

At August 31,

Deferred tax liabilities (non-current)

2011 2010

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Purchased intangible assets, including acquired technology $3,712.00 $3,731.00

Total deferred tax liabilities (non-current) $3,712.00 $3,731.00


Form Type: 10-K

Filed On: 10/31/2011

Unrecognized income tax benefits at August 31, 2009 $6,437.00

Additions based on tax positions related to the current year 1,301

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Additions for tax positions of prior years (includes $0.5 million for thepayment of interest) 469

Lapse of statue of limitations ($861.00)

Reductions from settlements with taxing authorities -


Additions based on tax positions related to the current year 1,258

Additions for tax positions of prior years (includes $0.4 million for the

payment of interest) 1,493

Lapse of statue of limitations ($964.00)

Reductions from settlements with taxing authorities ($1,929.00)



Form Type: 10-K

Filed On: 10/31/2011


2,012 $25,897.00

Minimum Lease Payments

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2,013 25,1192,014 20,484

2,015 17,602

2,016 13,975

Thereafter 46,683

Total $149,760.00


Form Type: 10-K

Filed On: 10/31/2011

2011

Revenues $173,289.00 $177,635.00 $183,647.00

C t f i 56 785 60 137 62 224

First Quarter Second Quarter Third Quarter Fourth Quarter

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Cost of services 56,785 60,137 62,224Selling, general and administrative 57,075 59,405 59,600


Net income 41,601 45,254 43,311


Weighted average common shares (diluted) 47,487 47,427 47,154

2,010

Revenues $155,243.00 $157,281.00 $160,301.00

Cost of services 50,407 50,870 51,355



Net income 36,143 36,119 38,658


Weighted average common shares (diluted) 48,876 48,066 47,725

First Quarter Second Quarter Third Quarter Fourth Quarter

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Form Type: 10-K

Filed On: 10/31/2011

Agreed:

/s/ HOWARDE WILLIE September 20 1999

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/s/ HOWARDE. WILLIE September 20, 1999Howard E. Willie Date

/s/ PETERG. WALSH September 20, 1999

Peter G. Walsh Date

factset 04.17

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