10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Jan 27, 2019 10-K (Filed: Feb 21, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 27, 2019 | Jan 28, 2018 | Jan 29, 2017 | |
| Revenue | $ 11,716 | 9,714 | 6,910 |
| Cost of revenue | 4,545 | 3,892 | 2,847 |
| Gross profit | 7,171 | 5,822 | 4,063 |
| Operating expenses | |||
| Research and development | 2,376 | 1,797 | 1,463 |
| Sales, general and administrative | 991 | 815 | 663 |
| Restructuring and other charges | 0 | 0 | 3 |
| Total operating expenses | 3,367 | 2,612 | 2,129 |
| Income from operations | 3,804 | 3,210 | 1,934 |
| Interest income | 136 | 69 | 54 |
| Interest expense | (58) | (61) | (58) |
| Other, net | 14 | (22) | (25) |
| Total other income (expense) | 92 | (14) | (29) |
| Income before income tax | 3,896 | 3,196 | 1,905 |
| Income tax expense (benefit) | (245) | 149 | 239 |
| Net income | 4,141 | 3,047 | 1,666 |
| Net income per share: | |||
| Basic (in USD per share) | 6.81 | 5.09 | 3.08 [1] |
| Diluted (in USD per share) | 6.63 | 4.82 [2] | 2.57 |
| Weighted average shares used in per share computation: | |||
| Basic (in shares) | 608 | 599 | 541 |
| Diluted (in shares) | 625 | 632 | 649 |
| Cash dividends declared and paid per common share | 0.61 | 0.57 | 0.48 |
| [1] Calculated as net income divided by basic weighted average shares. | |||
| [2] Calculated as net income divided by diluted weighted average shares. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Jan 27, 2019 10-K (Filed: Feb 21, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 27, 2019 | Jan 28, 2018 | Jan 29, 2017 | |
| Net income | $ 4,141 | 3,047 | 1,666 |
| Available-for-sale debt securities: | |||
| Net unrealized gain (loss) | 10 | (5) | (17) |
| Reclassification adjustments for net realized gain included in net income | 1 | 1 | 1 |
| Net change in unrealized gain (loss) | 11 | (4) | (16) |
| Cash flow hedges: | |||
| Net unrealized gain (loss) | 6 | (1) | 2 |
| Reclassification adjustments for net realized gain (loss) included in net income | (11) | 3 | 2 |
| Net change in unrealized gain (loss) | (5) | 2 | 4 |
| Other comprehensive income (loss), net of tax | 6 | (2) | (12) |
| Total comprehensive income | 4,147 | 3,045 | 1,654 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 27, 2019 10-K (Filed: Feb 21, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 27, 2019 | Jan 28, 2018 | Jan 29, 2017 | |
| Cash flows from operating activities: | |||
| Net income | $ 4,141 | 3,047 | 1,666 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Stock-based compensation expense | 557 | 391 | 247 |
| Depreciation and amortization | 262 | 199 | 187 |
| Deferred income taxes | (315) | (359) | 197 |
| Loss on early debt conversions | 0 | 19 | 21 |
| Other | (45) | 20 | 33 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (149) | (440) | (321) |
| Inventories | (776) | 0 | (375) |
| Prepaid expenses and other assets | (55) | 21 | (18) |
| Accounts payable | (135) | 90 | 184 |
| Accrued and other current liabilities | 256 | 33 | (135) |
| Other long-term liabilities | 2 | 481 | (14) |
| Net cash provided by operating activities | 3,743 | 3,502 | 1,672 |
| Cash flows from investing activities: | |||
| Proceeds from maturities of marketable securities | 7,232 | 1,078 | 969 |
| Proceeds from sales of marketable securities | 428 | 863 | 1,546 |
| Purchases of marketable securities | (11,148) | (36) | (3,134) |
| Purchases of property and equipment and intangible assets | (600) | (593) | (176) |
| Investment in non-affiliates | (9) | (36) | (5) |
| Proceeds from sale of long-lived assets and investments | 0 | 2 | 7 |
| Net cash provided by (used in) investing activities | (4,097) | 1,278 | (793) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of debt | 0 | 0 | 1,988 |
| Payments related to repurchases of common stock | (1,579) | (909) | (739) |
| Repayment of Convertible Notes | (16) | (812) | (673) |
| Dividends paid | (371) | (341) | (261) |
| Proceeds related to employee stock plans | 137 | 139 | 167 |
| Payments related to tax on restricted stock units | (1,032) | (612) | (176) |
| Other | (5) | (9) | (15) |
| Net cash provided by (used in) financing activities | (2,866) | (2,544) | 291 |
| Change in cash and cash equivalents | (3,220) | 2,236 | 1,170 |
| Cash and cash equivalents at beginning of period | 4,002 | 1,766 | |
| Cash and cash equivalents at end of period | 782 | 4,002 | 1,766 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | 61 | 22 | 14 |
| Cash paid for interest | 55 | 55 | 13 |
| Non-cash investing and financing activity: | |||
| Assets acquired by assuming related liabilities | 76 | 36 | 16 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2018 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 27, 2019 10-K (Filed: Feb 21, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 27, 2019 | Jan 28, 2018 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 782 | 4,002 |
| Marketable securities | 6,640 | 3,106 |
| Accounts receivable, net | 1,424 | 1,265 |
| Inventories | 1,575 | 796 |
| Prepaid expenses and other current assets | 136 | 86 |
| Total current assets | 10,557 | 9,255 |
| Property and equipment, net | 1,404 | 997 |
| Goodwill | 618 | 618 |
| Intangible assets, net | 45 | 52 |
| Other assets | 668 | 319 |
| Total assets | 13,292 | 11,241 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 511 | 596 |
| Accrued and other current liabilities | 818 | 542 |
| Convertible short-term debt | 0 | 15 |
| Total current liabilities | 1,329 | 1,153 |
| Long-term debt | 1,988 | 1,985 |
| Other long-term liabilities | 633 | 632 |
| Total liabilities | 3,950 | 3,770 |
| Commitments and contingencies - see Note 12 | ||
| Shareholders equity: | ||
| Preferred stock, $.001 par value; 2 shares authorized; none issued | 0 | 0 |
| Common stock, $.001 par value; 2,000 shares authorized; 945 shares issued and 606 outstanding as of January 27, 2019; 932 shares issued and 606 outstanding as of January 28, 2018 | 1 | 1 |
| Additional paid-in capital | 6,051 | 5,351 |
| Treasury stock, at cost (339 shares in 2019 and 326 shares in 2018) | (9,263) | (6,650) |
| Accumulated other comprehensive loss | (12) | (18) |
| Retained earnings | 12,565 | 8,787 |
| Total shareholders' equity | 9,342 | 7,471 |
| Total liabilities and shareholders' equity | 13,292 | 11,241 |
| External Links | |
| NVIDIA CORP (NVDA) Fiscal Year 2018 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |