AFFILIATED COMPUTER SERVICES, INC. AND SUBSIDIARIES 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 
5.  Goodwill and Other Intangible Assets 
We adopted SFAS 142 effective July 1, 2001.  The following table reflects the effect of SFAS 142 on net income and earnings 
per share as if SFAS 142 had been in effect for all periods presented (in thousands except per share amounts): 
Year ended June 30, 
 2003 
2002 
2001 
   
Net income: 
   
As reported 
$  306,842   
$  229,596   
$    134,292 
   Add back goodwill amortization,     
   
   
   net of related tax benefit ($3,757) 
             
    
20,711 
As adjusted  
$  306,842   
$  229,596   
$    155,003 
   
Basic earnings per share: 
   
   As reported  
$        2.32   
$        1.94   
$          1.35 
   Add back goodwill amortization 
   
   (net of tax benefit) 
             
    
0.21 
   As adjusted  
$        2.32   
$        1.94   
$         1.56 
   
Diluted earnings per share: 
   
   As reported  
$       2.20   
$        1.76   
$        1.23 
   Add back goodwill amortization 
   
   
   (net of tax benefit) 
                
    
0.18 
   As adjusted  
$      2.20   
$        1.76   
$        1.41 
The changes in the carrying amount of goodwill for the years ended June 30, 2003 and 2002 are as follow (in thousands): 
State and 
Local 
Federal 
Government 
Commercial  
Government    
Total 
Balance as of June 30, 2001 
$         320,112   
$     254,775   
$       122,873   
$     697,760 
Goodwill activity during the year 
735,402   
399,969   
13,351   
1,148,722 
Balance as of June 30, 2002 
      1,055,514   
     654,744   
       136,224   
  1,846,482 
Goodwill activity during the year 
23,770   
35,543   
83   
59,396 
Balance as of June 30, 2003 
$      1,079,284    
$     690,287   
$       136,307   
$  1,905,878 
Goodwill balances by segment as of June 30, 2002 and 2001 have been restated to reflect a change in our internal organization 
that caused the composition of our reportable segments to change.  Fiscal 2003 and 2002 activity is primarily related to 
acquisitions. 
44




  

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