8-K/AExhibits & Filings

ADOBE INC. 8-K/A Report, Exhibit Filing (Jan 14, 2019)

Filed January 14, 2019For Securities:ADBE

Summary

This 8-K/A filing by Adobe Inc. (ADBE) serves as an amendment to a previous filing, primarily providing updated financial information related to the acquisition of Milestone HoldCo, LLC. Investors should note that this report includes the unaudited condensed consolidated financial statements for Milestone HoldCo, LLC for the nine months ended September 30, 2018 and 2017, as well as its audited consolidated financial statements for the year ended December 31, 2017. These statements are crucial for understanding the financial performance and position of the acquired entity, which is now part of Adobe's consolidated results. Furthermore, the filing incorporates pro forma financial information, offering a hypothetical view of Adobe's financial standing as if the Milestone HoldCo acquisition had occurred at an earlier date. Specifically, this pro forma data covers the nine months ended August 31, 2018, and the year ended December 1, 2017. Investors can use this information to better assess the potential impact and integration of Milestone HoldCo on Adobe's overall financial picture and to compare historical performance on a more consistent basis.

Key Highlights

  • 1Amendment to prior filing, focusing on financial statements and exhibits.
  • 2Includes financial statements for the acquired entity, Milestone HoldCo, LLC.
  • 3Provides unaudited financial statements for Milestone HoldCo for the nine months ended September 30, 2018 and 2017.
  • 4Includes audited financial statements for Milestone HoldCo for the year ended December 31, 2017.
  • 5Supplements the filing with pro forma financial information related to the Milestone HoldCo acquisition.
  • 6Pro forma information covers periods ending August 31, 2018, and December 1, 2017.
  • 7These exhibits are incorporated by reference into the filing.

Frequently Asked Questions

This filing is an amendment to a previous report and primarily provides financial statements and pro forma information related to Adobe's acquisition of Milestone HoldCo, LLC. It makes the financial details of the acquired company and the pro forma impact of the acquisition available to investors.

The filing includes the unaudited condensed consolidated financial statements for Milestone HoldCo, LLC as of and for the nine months ended September 30, 2018 and 2017, as well as its audited consolidated financial statements for the year ended December 31, 2017.

Pro forma financial information presents hypothetical financial data as if a specific event, in this case, the Milestone HoldCo acquisition, had occurred at an earlier point in time. It allows investors to better understand the potential financial impact and integration of the acquired company by providing a more consistent view of historical performance.

While the 8-K/A was filed on January 13, 2019, the 'event date' related to the Milestone HoldCo acquisition is listed as October 30, 2018. This suggests the acquisition was either completed or announced around that date, and these financial statements provide the necessary post-acquisition reporting.