10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
| |||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Jan 30, 2011 10-K (Filed: Mar 16, 2011) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 30, 2011 | Jan 31, 2010 | Jan 25, 2009 | |
| Revenue | $ 3,543,309 | 3,326,445 | 3,424,859 |
| Cost of revenue | 2,134,219 | 2,149,522 | 2,250,590 |
| Gross profit | 1,409,090 | 1,176,923 | 1,174,269 |
| Operating expenses | |||
| Research and development | 848,830 | 908,851 | 855,879 |
| Sales, general and administrative | 361,513 | 367,017 | 362,222 |
| Restructuring Charges and Other | 0 | 0 | 26,868 |
| Legal settlement | (57,000) | 0 | 0 |
| Total operating expenses | 1,153,343 | 1,275,868 | 1,244,969 |
| Income (loss) from operations | 255,747 | (98,945) | (70,700) |
| Interest income | 19,057 | 23,115 | 42,859 |
| Interest Expense | (3,127) | (3,320) | (406) |
| Other income (expense), net | (508) | (3,144) | (14,707) |
| Income (loss) before income tax expense (benefit) | 271,169 | (82,294) | (42,954) |
| Income tax expense (benefit) | 18,023 | (14,307) | (12,913) |
| Net income (loss) | 253,146 | (67,987) | (30,041) |
| Basic net income (loss) per share (in dollars per share) | 0.44 | (0.12) | (0.05) |
| Weighted average shares used in basic per share computation (in shares) | 575,177 | 549,574 | 548,126 |
| Diluted net income (loss) per share (in dollars per share) | 0.43 | (0.12) | (0.05) |
| Weighted average shares used in diluted per share computation (in shares) | 588,684 | 549,574 | 548,126 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 30, 2011 10-K (Filed: Mar 16, 2011) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 30, 2011 | Jan 31, 2010 | Jan 25, 2009 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $ 253,146 | (67,987) | (30,041) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Stock-based compensation expense related to stock option purchase | 0 | 135,735 | 0 |
| Stock based compensation expense | 100,353 | 107,091 | 162,706 |
| Depreciation and amortization | 186,989 | 196,664 | 185,023 |
| Impairment charge on investments | 0 | 0 | 9,891 |
| Deferred income taxes | (2,646) | (21,147) | (23,277) |
| Payments under patent licensing arrangement | 685 | (857) | (21,797) |
| Tax benefit from stock options | (15,316) | (2,034) | (871) |
| Other | 887 | 3,927 | 1,059 |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | 26,341 | (56,741) | 348,873 |
| Inventories | (14,128) | 204,656 | (177,295) |
| Prepaid expenses and other current assets | 8,528 | 1,580 | 21,528 |
| Deposits and other assets | 4,331 | 3,857 | (2,108) |
| Accounts payable | (69,786) | 119,366 | (283,207) |
| Accrued liabilities and other long-term liabilities | 196,413 | (136,303) | 58,876 |
| Net cash provided by (used in) operating activities | 675,797 | 487,807 | 249,360 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities | (1,719,700) | (1,193,948) | (999,953) |
| Proceeds from sales and maturities of marketable securities | 1,170,075 | 752,434 | 1,226,646 |
| Purchases of property and equipment and intangible assets | (97,890) | (77,601) | (407,670) |
| Acquisition of businesses, net of cash and cash equivalents | 0 | 0 | (27,948) |
| Other | (2,163) | (218) | (442) |
| Net cash provided by (used in) investing activities | (649,678) | (519,333) | (209,367) |
| Cash flows from financing activities: | |||
| Payments related to stock option purchase | 0 | (78,075) | 0 |
| Payments related to repurchases of common stock | 0 | 0 | (423,636) |
| Proceeds from issuance of common stock under employee stock plans | 177,276 | 138,029 | 73,547 |
| Tax benefit from stock based compensation | 15,316 | 2,034 | 871 |
| Other | (571) | (929) | (56) |
| Net cash provided by (used in) financing activities | 192,021 | 61,059 | (349,274) |
| Change in cash and cash equivalents | 218,140 | 29,533 | (309,281) |
| Cash and cash equivalents at beginning of period | 447,221 | 417,688 | |
| Cash and cash equivalents at end of period | 665,361 | 447,221 | 417,688 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | (1,071) | 4,217 | 7,620 |
| Cash paid for interest on capital lease obligations | 3,127 | 3,256 | 0 |
| Other non-cash activities: | |||
| Change in unrealized gains (losses) from marketable securities | (1,899) | 8,305 | (6,360) |
| Assets acquired by assuming related liabilities | 252,796 | 37,830 | 47,236 |
| Acquisition of business - goodwill adjustment | 0 | 0 | 3,411 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2010 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 30, 2011 10-K (Filed: Mar 16, 2011) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Jan 30, 2011 | Jan 31, 2010 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 665,361 | 447,221 |
| Marketable securities | 1,825,202 | 1,281,006 |
| Accounts receivable, net | 348,770 | 374,963 |
| Inventories | 345,525 | 330,674 |
| Prepaid expenses and other | 32,636 | 38,214 |
| Deferred income taxes | 9,456 | 8,752 |
| Total current assets | 3,226,950 | 2,480,830 |
| Property and equipment, net | 568,857 | 571,858 |
| Goodwill | 369,844 | 369,844 |
| Intangible assets, net | 288,745 | 120,458 |
| Deposits and other assets | 40,850 | 42,928 |
| Total assets | 4,495,246 | 3,585,918 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 286,138 | 344,527 |
| Accrued liabilities and other | 656,544 | 439,851 |
| Total current liabilities | 942,682 | 784,378 |
| Other long-term liabilities | 347,713 | 111,950 |
| Capital lease obligations, long term | 23,389 | 24,450 |
| Commitments and contingencies - see Note 13 | - | - |
| Stockholders' equity | ||
| Preferred stock | 0 | 0 |
| Common stock | 677 | 653 |
| Additional paid-in capital | 2,500,577 | 2,219,401 |
| Treasury stock, at cost | (1,479,392) | (1,463,268) |
| Accumulated other comprehensive income | 10,272 | 12,172 |
| Retained earnings | 2,149,328 | 1,896,182 |
| Total stockholders' equity | 3,181,462 | 2,665,140 |
| Total liabilities and stockholders' equity | 4,495,246 | 3,585,918 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Jan 31, 2010 10-K (Filed: Mar 18, 2010) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2010 | Jan 25, 2009 | Jan 27, 2008 | |
| Revenue | $ 3,326,445 | 3,424,859 | 4,097,860 |
| Cost of revenue | 2,149,522 | 2,250,590 | 2,228,580 |
| Gross profit | 1,176,923 | 1,174,269 | 1,869,280 |
| Operating expenses: | |||
| Research and development | 908,851 | 855,879 | 691,637 |
| Sales, general and administrative | 367,017 | 362,222 | 341,297 |
| Restructuring charges and other | 0 | 26,868 | 0 |
| Total operating expenses | 1,275,868 | 1,244,969 | 1,032,934 |
| Income (loss) from operations | (98,945) | (70,700) | 836,346 |
| Interest income | 23,115 | 42,859 | 64,289 |
| Interest expense | (3,320) | (406) | (54) |
| Other income (expense), net | (3,144) | (14,707) | 760 |
| Income (loss) before income tax | (82,294) | (42,954) | 901,341 |
| Income tax expense (benefit) | (14,307) | (12,913) | 103,696 |
| Net income (loss) | (67,987) | (30,041) | 797,645 |
| Basic net income (loss) per share | (0.120) | (0.050) | 1.450 |
| Weighted average shares used in basic per share computation | 549,574 | 548,126 | 550,108 |
| Diluted net income (loss) per share | (0.120) | (0.050) | 1.310 |
| Weighted average shares used in diluted per share computation | 549,574 | 548,126 | 606,732 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 31, 2010 10-K (Filed: Mar 18, 2010) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2010 | Jan 25, 2009 | Jan 27, 2008 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $ (67,987) | (30,041) | 797,645 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Stock-based compensation expense related to stock option purchase | 135,735 | 0 | 0 |
| Stock based compensation expense | 107,091 | 162,706 | 133,365 |
| Depreciation and amortization | 196,664 | 185,023 | 133,192 |
| Impairment charge on investments | 0 | 9,891 | 0 |
| Deferred income taxes | (21,147) | (23,277) | 89,516 |
| Payments under patent licensing arrangement | (857) | (21,797) | (57,255) |
| In-process research and development expenses | 0 | 0 | 4,000 |
| Other | 1,893 | 188 | (216) |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (56,741) | 348,873 | (146,055) |
| Inventories | 204,656 | (177,295) | (3,690) |
| Prepaid expenses and other current assets | 1,580 | 21,528 | (6,293) |
| Deposits and other assets | 3,857 | (2,108) | (13,914) |
| Accounts payable | 119,366 | (283,207) | 216,875 |
| Accrued liabilities and other long-term liabilities | (136,303) | 58,876 | 123,026 |
| Net cash provided by operating activities | 487,807 | 249,360 | 1,270,196 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities | (1,193,948) | (999,953) | (1,250,248) |
| Proceeds from sales and maturities of marketable securities | 752,434 | 1,226,646 | 753,839 |
| Purchases of property and equipment and intangible assets | (77,601) | (407,670) | (187,745) |
| Acquisition of businesses, net of cash and cash equivalents | 0 | (27,948) | (75,542) |
| Other | (218) | (442) | (1,622) |
| Net cash used in investing activities | (519,333) | (209,367) | (761,318) |
| Cash flows from financing activities: | |||
| Payments related to stock option purchase | (78,075) | 0 | 0 |
| Payments related to repurchases of common stock | 0 | (423,636) | (552,512) |
| Proceeds from issuance of common stock under employee stock plans | 138,029 | 73,547 | 225,969 |
| Other | 1,105 | 815 | 220 |
| Net cash used in financing activities | 61,059 | (349,274) | (326,323) |
| Change in cash and cash equivalents | 29,533 | (309,281) | 182,555 |
| Cash and cash equivalents at beginning of period | 417,688 | 726,969 | |
| Cash and cash equivalents at end of period | 447,221 | 417,688 | 726,969 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | 4,217 | 7,620 | 2,328 |
| Cash paid for interest on capital lease obligations | 3,256 | 0 | 0 |
| Other non-cash activities: | |||
| Assets acquired by assuming related liabilities | 37,830 | 47,236 | 18,072 |
| Change in unrealized gains (losses) from marketable securities | 8,305 | (6,360) | 9,462 |
| Acquisition of business - goodwill adjustment | 0 | 3,411 | 2,633 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2010 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 31, 2010 10-K (Filed: Mar 18, 2010) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Jan 31, 2010 | Jan 25, 2009 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 447,221 | 417,688 |
| Marketable securities | 1,281,006 | 837,702 |
| Accounts receivable, less allowances of $16,330 and $18,399 in 2010 and 2009, respectively | 374,963 | 318,435 |
| Inventories | 330,674 | 537,834 |
| Prepaid expenses and other | 38,214 | 39,794 |
| Deferred income taxes | 8,752 | 16,505 |
| Total current assets | 2,480,830 | 2,167,958 |
| Property and equipment, net | 571,858 | 625,798 |
| Goodwill | 369,844 | 369,844 |
| Intangible assets, net | 120,458 | 147,101 |
| Deposits and other assets | 42,928 | 40,026 |
| Total assets | 3,585,918 | 3,350,727 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 344,527 | 218,864 |
| Accrued liabilities and other | 439,851 | 559,727 |
| Total current liabilities | 784,378 | 778,591 |
| Other long-term liabilities | 111,950 | 151,850 |
| Capital lease obligations, long term | 24,450 | 25,634 |
| Stockholders' equity | ||
| Preferred stock, $.001 par value; 2,000,000 shares authorized; none issued | 0 | 0 |
| Common stock, $.001 par value; 2,000,000,000 shares authorized; 652,391,708 shares issued and 561,465,851 outstanding in 2010; and 629,386,584 shares issued and538,460,766 outstanding in 2009 | 653 | 629 |
| Additional paid-in capital | 2,219,401 | 1,889,257 |
| Treasury stock, at cost (90,925,857 shares in 2010 and 90,925,818 shares in 2009) | (1,463,268) | (1,463,268) |
| Accumulated other comprehensive income | 12,172 | 3,865 |
| Retained earnings | 1,896,182 | 1,964,169 |
| Total stockholders' equity | 2,665,140 | 2,394,652 |
| Total liabilities and stockholders' equity | 3,585,918 | 3,350,727 |
| External Links | |
| NVIDIA CORP (NVDA) 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 |