Financial Highlights
Challenging market dynamics in the education sector contributed to a decline in our revenue and key financial metrics in fiscal 2012. We continue to make investments to maintain our category-leading position in education and drive growth in the business sector.
total revenue
(in millions)
ADJUSTED EBITDA1
(in millions)
ADJUSTED NET INCOME1
(in millions)
  REVENUE BY
PRODUCT CATEGORY
REVENUE BY
GEOGRAPHY
INTERACTIVE DISPLAY UNIT VOLUMES2
(in thousancs)
GROSS MARGIN
 
NUMBER OF EMPLOYEES
 
INTERACTIVE DISPLAY CATEGORY SHARE3

1 - Adjusted EBITDA and Adjusted Net Income are non-GAAP measures and are not substitutes for GAAP equivalents. For a full reconciliation of Adjusted EBITDA and Adjusted Net Income to their most comparable GAAP measures, please refer to Management's Discussion and Analysis of Financial Condition and Results of Operations for the year ended March 31, 2012 in this annual report.

2 - Interactive displays include SMART Board® interactive whiteboard systems and associated projectors, SMART Board interactive flat panels, appliance-based interactive displays, SMART Board interactive overlays, SMART Podium interactive pen displays and SMART Table interactive learning centers.

3 - Futuresource Consulting Ltd., May 2012 (trailing 12-month data to March 31, 2012). Interactive displays include interactive whiteboards and interactive flat panels.