10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOOGLE INC. | |||
Ticker: GOOG Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 11, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Revenues | $ 29,321 | 23,651 | 21,796 |
| Costs and expenses: | |||
| Cost of revenues (including stock-based compensation expense of $41, $47, $67) | 10,417 | 8,844 | 8,622 |
| Research and development (including stock-based compensation expense of $732, $725, $861) | 3,762 | 2,843 | 2,793 |
| Sales and marketing (including stock-based compensation expense of $206, $231, $261) | 2,799 | 1,984 | 1,946 |
| General and administrative (including stock-based compensation expense of $141, $161, $187) | 1,962 | 1,668 | 1,803 |
| Total costs and expenses | 18,940 | 15,339 | 15,164 |
| Income from operations | 10,381 | 8,312 | 6,632 |
| Impairment of equity investments | 0 | 0 | (1,095) |
| Interest and other income, net | 415 | 69 | 316 |
| Income before income taxes | 10,796 | 8,381 | 5,853 |
| Provision for income taxes | 2,291 | 1,861 | 1,626 |
| Net income | 8,505 | 6,520 | 4,227 |
| Net income per share of Class A and Class B common stock: | |||
| Basic | 26.69 | 20.62 | 13.46 |
| Diluted | 26.31 | 20.41 | 13.31 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOOGLE INC. | |||
Ticker: GOOG Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 11, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Operating activities | |||
| Net income | $ 8,505 | 6,520 | 4,227 |
| Adjustments: | |||
| Depreciation and amortization of property and equipment | 1,067 | 1,240 | 1,212 |
| Amortization of intangible and other assets | 329 | 284 | 288 |
| Stock-based compensation expense | 1,376 | 1,164 | 1,120 |
| Excess tax benefits from stock-based award activities | (94) | (90) | (159) |
| Deferred income taxes | 9 | (268) | (225) |
| Impairment of equity investments | 0 | 0 | 1,095 |
| Other | (12) | (20) | (32) |
| Changes in assets and liabilities, net of effects of acquisitions and divestiture: | |||
| Accounts receivable | (1,129) | (504) | (334) |
| Income taxes, net | 102 | 217 | 626 |
| Prepaid revenue share, expenses and other assets | (414) | 262 | (147) |
| Accounts payable | 272 | 34 | (212) |
| Accrued expenses and other liabilities | 745 | 243 | 339 |
| Accrued revenue share | 214 | 158 | 14 |
| Deferred revenue | 111 | 76 | 41 |
| Net cash provided by operating activities | 11,081 | 9,316 | 7,853 |
| Investing activities | |||
| Purchases of property and equipment | (4,018) | (810) | (2,359) |
| Purchases of marketable securities | (43,985) | (29,139) | (15,356) |
| Maturities and sales of marketable securities | 37,099 | 22,103 | 15,763 |
| Investments in non-marketable equity securities | (320) | (65) | (47) |
| Cash collateral received from securities lending | 2,361 | 0 | 0 |
| Investments in reverse repurchase agreements | (750) | 0 | 0 |
| Acquisitions, net of cash acquired and proceeds received from divestiture, and purchases of intangible and other assets | (1,067) | (108) | (3,320) |
| Net cash used in investing activities | (10,680) | (8,019) | (5,319) |
| Financing activities | |||
| Net proceeds (payments) from stock-based award activities | 294 | 143 | (72) |
| Excess tax benefits from stock-based award activities | 94 | 90 | 159 |
| Repurchase of common stock in connection with acquisitions | (801) | 0 | 0 |
| Proceeds from issuance of short-term debt | 5,246 | 0 | 0 |
| Repayment of short-term debt | (1,783) | 0 | 0 |
| Net cash provided by financing activities | 3,050 | 233 | 87 |
| Effect of exchange rate changes on cash and cash equivalents | (19) | 11 | (46) |
| Net increase in cash and cash equivalents | 3,432 | 1,541 | 2,575 |
| Cash and cash equivalents at beginning of year | 10,198 | 8,657 | |
| Cash and cash equivalents at end of year | 13,630 | 10,198 | 8,657 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for taxes | 2,175 | 1,896 | 1,224 |
| Non-cash financing activity: | |||
| Fair value of common stock issued and vested options assumed in connection with acquisitions | 750 | 0 | 0 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
GOOGLE INC. | ||
Ticker: GOOG Fiscal Year: 2010 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2010 10-K (Filed: Feb 11, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 13,630 | 10,198 |
| Marketable securities | 21,345 | 14,287 |
| Total cash, cash equivalents, and marketable securities (including securities loaned of $0 and $4,031) | 34,975 | 24,485 |
| Accounts receivable, net of allowance of $79 and $101 | 4,252 | 3,178 |
| Receivable under reverse repurchase agreements | 750 | 0 |
| Deferred income taxes, net | 259 | 644 |
| Income taxes receivable, net | 0 | 23 |
| Prepaid revenue share, expenses and other assets | 1,326 | 837 |
| Total current assets | 41,562 | 29,167 |
| Prepaid revenue share, expenses and other assets, non-current | 442 | 415 |
| Deferred income taxes, net, non-current | 265 | 263 |
| Non-marketable equity securities | 523 | 129 |
| Property and equipment, net | 7,759 | 4,845 |
| Intangible assets, net | 1,044 | 775 |
| Goodwill | 6,256 | 4,903 |
| Total assets | 57,851 | 40,497 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | 483 | 216 |
| Short-term debt | 3,465 | 0 |
| Accrued compensation and benefits | 1,410 | 982 |
| Accrued expenses and other current liabilities | 961 | 570 |
| Accrued revenue share | 885 | 694 |
| Securities lending payable | 2,361 | 0 |
| Deferred revenue | 394 | 285 |
| Income taxes payable, net | 37 | 0 |
| Total current liabilities | 9,996 | 2,747 |
| Deferred revenue, non-current | 35 | 42 |
| Income taxes payable, non-current | 1,200 | 1,392 |
| Other long-term liabilities | 379 | 312 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Convertible preferred stock, $0.001 par value per share, 100,000 shares authorized; no shares issued and outstanding | 0 | 0 |
| Class A and Class B common stock and additional paid-in capital, $0.001 par value per share: 9,000,000 shares authorized; 317,772 (Class A 243,611, Class B 74,161) and par value of $318 (Class A $244, Class B $74) and 321,301 (Class A 250,413, Class B 70,888) and par value of $321 (Class A $250, Class B $71) shares issued and outstanding | 18,235 | 15,817 |
| Accumulated other comprehensive income | 138 | 105 |
| Retained earnings | 27,868 | 20,082 |
| Total stockholders' equity | 46,241 | 36,004 |
| Total liabilities and stockholders' equity | 57,851 | 40,497 |
| External Links | |
| GOOGLE INC. (GOOG) Fiscal Year 2010 | |
| 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 |