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: 2013 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues: | |||
| Revenues | $ 59,825 | 50,175 | 37,905 |
| Costs and expenses: | |||
| Research and development | 7,952 | 6,793 | 5,162 |
| Sales and marketing | 7,253 | 6,143 | 4,589 |
| General and administrative | 4,796 | 3,845 | 2,724 |
| Charge related to the resolution of Department of Justice investigation | 0 | 0 | 500 |
| Total costs and expenses | 45,859 | 37,415 | 26,163 |
| Income from operations | 13,966 | 12,760 | 11,742 |
| Interest and other income, net | 530 | 626 | 584 |
| Income from continuing operations before income taxes | 14,496 | 13,386 | 12,326 |
| Provision for income taxes | 2,282 | 2,598 | 2,589 |
| Net income from continuing operations | 12,214 | 10,788 | 9,737 |
| Net income (loss) from discontinued operations | 706 | (51) | 0 |
| Net income | 12,920 | 10,737 | 9,737 |
| Net income (loss) per share of Class A and Class B common stock - basic: | |||
| Continuing operations (in dollars per share) | 36.70 | 32.97 | 30.17 |
| Discontinued operations (in dollars per share) | 2.12 | (0.16) | 0.00 |
| Net income (loss) per share of Class A and Class B common stock - basic (in dollars per share) | 38.82 | 32.81 | 30.17 |
| Net income (loss) per share of Class A and Class B common stock - diluted: | |||
| Continuing operations (in dollars per share) | 36.05 | 32.46 | 29.76 |
| Discontinued operations (in dollars per share) | 2.08 | (0.15) | 0.00 |
| Net income (loss) per share of Class A and Class B common stock - diluted (in dollars per share) | 38.13 | 32.31 | 29.76 |
| Stock-based compensation expense | 3,268 | 2,649 | 1,974 |
| Income Statement Location | |||
| Cost of revenues | |||
| Legal Entity | |||
| Stock-based compensation expense | 469 | 359 | 249 |
| Motorola Mobile | |||
| Stock-based compensation expense | 18 | 14 | 0 |
| Research and development | |||
| Stock-based compensation expense | 1,717 | 1,325 | 1,061 |
| Sales and marketing | |||
| Stock-based compensation expense | 578 | 498 | 361 |
| General and administrative | |||
| Stock-based compensation expense | 486 | 453 | 303 |
| Legal Entity | |||
| Products and Services | |||
| Total Google revenues (advertising and other) | |||
| Revenues | 55,519 | 46,039 | 37,905 |
| Cost of revenues | 21,993 | 17,176 | 13,188 |
| Motorola Mobile | |||
| Hardware and other | |||
| Revenues | 4,306 | 4,136 | 0 |
| Cost of revenues | 3,865 | 3,458 | 0 |
| Revenues | 4,306 | 4,136 | 0 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOOGLE INC. | |||
Ticker: GOOG Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net income | $ 12,920 | 10,737 | 9,737 |
| Other comprehensive income (loss): | |||
| Change in foreign currency translation adjustment | 89 | 75 | (107) |
| Available-for-sale investments: | |||
| Change in net unrealized gains | (392) | 493 | 348 |
| Less: reclassification adjustment for net gains included in net income | (162) | (216) | (115) |
| Net change (net of tax effect of $54, $68, $212) | (554) | 277 | 233 |
| Cash flow hedges: | |||
| Change in unrealized gains | 112 | 47 | 39 |
| Less: reclassification adjustment for gains included in net income | (60) | (137) | (27) |
| Net change (net of tax effect of $2, $53, $30) | 52 | (90) | 12 |
| Other comprehensive income (loss) | (413) | 262 | 138 |
| Comprehensive income | 12,507 | 10,999 | 9,875 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOOGLE INC. | |||
Ticker: GOOG Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating activities | |||
| Net income | $ 12,920 | 10,737 | 9,737 |
| Adjustments: | |||
| Depreciation and amortization of property and equipment | 2,781 | 1,988 | 1,396 |
| Amortization of intangible and other assets | 1,158 | 974 | 455 |
| Stock-based compensation expense | 3,343 | 2,692 | 1,974 |
| Excess tax benefits from stock-based award activities | (481) | (188) | (86) |
| Deferred income taxes | (437) | (266) | 343 |
| Impairment of equity investments | 0 | 0 | 110 |
| Gain on divestiture of businesses | 700 | 188 | 0 |
| Other | 106 | (28) | 6 |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (1,307) | (787) | (1,156) |
| Income taxes, net | 401 | 1,492 | 731 |
| Inventories | (234) | 301 | (30) |
| Prepaid revenue share, expenses and other assets | (696) | (833) | (232) |
| Accounts payable | 605 | (499) | 101 |
| Accrued expenses and other liabilities | 713 | 762 | 795 |
| Accrued revenue share | 254 | 299 | 259 |
| Deferred revenue | 233 | 163 | 162 |
| Net cash provided by operating activities | 18,659 | 16,619 | 14,565 |
| Investing activities | |||
| Purchases of property and equipment | (7,358) | (3,273) | (3,438) |
| Purchases of marketable securities | (45,444) | (33,410) | (61,672) |
| Maturities and sales of marketable securities | 38,314 | 35,180 | 48,746 |
| Investments in non-marketable equity investments | (569) | (696) | (428) |
| Cash collateral related to securities lending | (299) | (334) | (354) |
| Investments in reverse repurchase agreements | 600 | 45 | 5 |
| Proceeds from divestiture of businesses | 2,525 | 0 | 0 |
| Acquisitions, net of cash acquired, and purchases of intangibles and other assets | (1,448) | (10,568) | (1,900) |
| Net cash used in investing activities | (13,679) | (13,056) | (19,041) |
| Financing activities | |||
| Net payments related to stock-based award activities | (781) | (287) | (5) |
| Excess tax benefits from stock-based award activities | 481 | 188 | 86 |
| Proceeds from issuance of debt, net of costs | 10,768 | 16,109 | 10,905 |
| Repayments of debt | (11,325) | (14,781) | (10,179) |
| Net cash provided by (used in) financing activities | (857) | 1,229 | 807 |
| Effect of exchange rate changes on cash and cash equivalents | (3) | 3 | 22 |
| Net increase (decrease) in cash and cash equivalents | 4,120 | 4,795 | (3,647) |
| Cash and cash equivalents at beginning of period | 14,778 | 9,983 | |
| Cash and cash equivalents at end of period | 18,898 | 14,778 | 9,983 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for taxes | 1,932 | 2,034 | 1,471 |
| Cash paid for interest | 72 | 74 | 40 |
| Non-cash investing and financing activities: | |||
| Receipt of Arris shares in connection with divestiture of Motorola Home | 175 | 0 | 0 |
| Fair value of stock-based awards assumed in connection with acquisition of Motorola | 0 | 41 | 0 |
| Property under capital lease | 258 | 0 | 0 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
GOOGLE INC. | ||
Ticker: GOOG Fiscal Year: 2013 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 18,898 | 14,778 |
| Marketable securities | 39,819 | 33,310 |
| Total cash, cash equivalents, and marketable securities (including securities loaned of $3,160 and $5,059) | 58,717 | 48,088 |
| Accounts receivable, net of allowance of $581 and $631 | 8,882 | 7,885 |
| Inventories | 426 | 505 |
| Receivable under reverse repurchase agreements | 100 | 700 |
| Deferred income taxes, net | 1,526 | 1,144 |
| Income taxes receivable, net | 408 | 0 |
| Prepaid revenue share, expenses and other assets | 2,827 | 2,132 |
| Total current assets | 72,886 | 60,454 |
| Prepaid revenue share, expenses and other assets, non-current | 1,976 | 2,011 |
| Non-marketable equity investments | 1,976 | 1,469 |
| Property and equipment, net | 16,524 | 11,854 |
| Intangible assets, net | 6,066 | 7,473 |
| Goodwill | 11,492 | 10,537 |
| Total assets | 110,920 | 93,798 |
| Liabilities and Stockholders Equity | ||
| Current liabilities: | ||
| Accounts payable | 2,453 | 2,012 |
| Short-term debt | 3,009 | 2,549 |
| Accrued compensation and benefits | 2,502 | 2,239 |
| Accrued expenses and other current liabilities | 3,755 | 3,258 |
| Accrued revenue share | 1,729 | 1,471 |
| Securities lending payable | 1,374 | 1,673 |
| Deferred revenue | 1,062 | 895 |
| Income taxes payable, net | 24 | 240 |
| Total current liabilities | 15,908 | 14,337 |
| Long-term debt | 2,236 | 2,988 |
| Deferred revenue, non-current | 139 | 100 |
| Income taxes payable, non-current | 2,638 | 2,046 |
| Deferred income taxes, net, non-current | 1,947 | 1,872 |
| Other long-term liabilities | 743 | 740 |
| 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: 12,000,000 shares authorized (Class A 9,000,000, Class B 3,000,000); 329,979 (Class A 267,448, Class B 62,531) and par value of $330 (Class A $267, Class B $63) and 335,832 (Class A 279,325, Class B 56,507) and par value of $336 (Class A $279, Class B $57) shares issued and outstanding | 25,922 | 22,835 |
| Class C capital stock, $0.001 par value per share: 3,000,000 shares authorized; no shares issued and outstanding | 0 | 0 |
| Accumulated other comprehensive income | 125 | 538 |
| Retained earnings | 61,262 | 48,342 |
| Total stockholders equity | 87,309 | 71,715 |
| Total liabilities and stockholders equity | 110,920 | 93,798 |
| External Links | |
| GOOGLE INC. (GOOG) Fiscal Year 2013 | |
| 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 |