Capital expenditures in the year amounted to $17.5 million. I would forecast a spend of approximately $20 million for fiscal 2013 as we continue to invest in our global cloud infrastructure.From an R&D standpoint, gross expenditures totaled $58 million in the current fiscal year of which we capitalized $7.2 million as our teams work to expand our core products and web offerings across all verticals. Finally, the company's cash split by segment now stands at U.S. and Canada 63%; International 37%.
MICROS Systems' CEO Discusses Q4 Results - Earnings Call Transcript
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