Tableau Software provides business analytics software products, including Tableau Desktop, Tableau Server, and Tableau Online....

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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 doesnt 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.

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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 Recognizing that Tableau has two sources of operating revenues, prepare a classified (multiple-step) income statement. (Enter all losses with a minus sign. Enter your answers in thousands.) TALEAU SOFTWARE Consolidated Statement of Income For Year Ended December 31, Current Year (In thousands, except per share amounts) Net revenues: License revenue 429,204 447,855 Maintenance and services revenue Total net revenue 877,059 Cost of sales: Cost of licenses Cost of maintenance and services General and administrative expense 517,446X 334.148x * Total cost of revenues 954,465 Operating expenses: Other income, net Income tax expense 12,266X Total operating expenses 12,266

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