During this call, non-GAAP financial measures will be discussed. Reconciliations to the most directly comparable GAAP financial measures are included in our earnings release, which was filed on Form 8-K earlier today, as well as in our supplemental earnings materials, all of which are available on our website at ca.com/invest. Today's discussion will include forward-looking statements subject to risks and uncertainties, and actual results could differ materially from these forward-looking statements. Please refer to our SEC filings for a detailed discussion of potential risks.So with that, let me turn the call over to Bill. William E. McCracken Thanks, Kelsey, and good afternoon to everyone. Thank you for joining us. I'll start this afternoon with a brief overview of our full year and fourth quarter performance. I'll then update you on fiscal 2013 priorities. Rich will provide details on full year performance, the quarter and guidance for fiscal 2013, and then we'll then take questions. Nearly 3 years ago, we set a strategy aimed at helping customers gain the most from their existing IT investments while at the same time benefiting from new technologies and business services that deliver a competitive advantage. We made a series of strategic acquisitions and significant investments in development to produce a portfolio of solutions and services that leverage our heritage in IT management. We also continued to invest in new routes to market and enhance our presence in geographies with growth opportunities around the world. Our fiscal 2012 results reflect progress against our strategic goals. For the full fiscal year, revenue grew 7% in constant currency and 9% as reported. Five points of this growth in constant currency was organic, while 2 points of this growth came from acquisitions. Our non-GAAP operating margin was 34%. This includes significant investment in the future of our business. Our non-GAAP tax rate was 31%, at the low end of our expectations in January. Non-GAAP earnings per share grew 13% in constant currency and 18% as reported. And finally, cash flow from operations grew 6% in constant currency and 9% as reported.
During the year, we provided segmented financials; sold our Internet security business; acquired ITKO, a leading provider of service virtualization, and Base Technologies, a consultancy focused on the management of IT assets; total return on investments in growth markets led by Latin America and Asia Pacific; announced a return of $2.5 billion in capital to our shareholders through fiscal year 2014. And we finished fiscal 2012 by delivering a solid fourth quarter.Year-over-year, revenue was up 6% in constant currency and 5% as reported. Non-GAAP operating margin was 32%. Non-GAAP EPS grew 10% in constant currency and 17% as reported. Finally, cash flow from operations was up 20% in constant currency and 22% as reported. We paid our first quarter dividend of $0.25, in line with the annual dividend rate of $1 per year we announced in January, when we increased the dividend fivefold. We also launched a $500 million accelerated share repurchase program, under which we immediately received approximately 15 million shares of our common stock. This program will continue into our first quarter, and the final number of shares purchased will be trued up based on the average price of stock over the life of the program. Upon completion of the accelerated share repurchase, CA Technologies will have approximately $1 billion in stock repurchase authorization available through fiscal 2014. We accomplished a great deal in fiscal 2012, but we know there is more we can do to expand product penetration, to continue to improve our results in EMEA, where full year revenue was down slightly in constant currency year-over-year and to accelerate performance of acquisitions we have made over the last few years. We see a significant opportunity to expand our market reach and grow our business by penetrating new customer segments with new solutions. Read the rest of this transcript for free on seekingalpha.com