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: 2014 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Jan 25, 2015 10-K (Filed: Mar 12, 2015) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 25, 2015 | Jan 26, 2014 | Jan 27, 2013 | |
| Revenue | $ 4,681,507 | 4,130,162 | 4,280,159 |
| Cost of revenue | 2,082,030 | 1,862,399 | 2,053,816 |
| Gross profit | 2,599,477 | 2,267,763 | 2,226,343 |
| Operating expenses | |||
| Research and development | 1,359,725 | 1,335,834 | 1,147,282 |
| Sales, general and administrative | 480,763 | 435,702 | 430,822 |
| Total operating expenses | 1,840,488 | 1,771,536 | 1,578,104 |
| Income from operations | 758,989 | 496,227 | 648,239 |
| Interest income | 28,090 | 17,119 | 19,908 |
| Interest expense | 46,133 | 10,443 | 3,294 |
| Other income (expense), net | 13,890 | 7,351 | (2,814) |
| Income before income tax | 754,836 | 510,254 | 662,039 |
| Income tax expense | 124,249 | 70,264 | 99,503 |
| Net income | 630,587 | 439,990 | 562,536 |
| Basic net income per share | 1.14 | 0.75 | 0.91 |
| Diluted net income per share | 1.12 | 0.74 | 0.90 |
| Weighted average shares used in basic per share computation (in shares) | 552,319 | 587,893 | 619,324 |
| Weighted average shares used in diluted per share computation (in shares) | 563,068 | 594,517 | 624,957 |
| Cash dividends declared and paid per common share | 0.34 | 0.31 | 0.07 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2014 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Jan 25, 2015 10-K (Filed: Mar 12, 2015) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 25, 2015 | Jan 26, 2014 | Jan 27, 2013 | |
| Net income | $ 630,587 | 439,990 | 562,536 |
| Net change in unrealized gains (losses) on available-for-sale securities, net of tax | 3,061 | (3,555) | (303) |
| Reclassification adjustments for net realized gains on available-for-sale securities included in net income, net of taxes | (94) | (1,549) | (330) |
| Other comprehensive income (loss) | 2,967 | (5,104) | (633) |
| Total comprehensive income | 633,554 | 434,886 | 561,903 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2014 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 25, 2015 10-K (Filed: Mar 12, 2015) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 25, 2015 | Jan 26, 2014 | Jan 27, 2013 | |
| Cash flows from operating activities: | |||
| Net income | $ 630,587 | 439,990 | 562,536 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 220,125 | 239,148 | 226,235 |
| Stock-based compensation | 157,841 | 136,295 | 136,662 |
| Amortization of debt discount | 27,967 | 4,600 | 0 |
| Net gain on sale and disposal of long-lived assets and investments | (16,549) | (8,140) | 0 |
| Deferred income taxes | 82,569 | 15,430 | 31,860 |
| Tax benefit from stock-based compensation | (18,456) | (25,801) | (68,710) |
| Others | 24,099 | 21,387 | 47,911 |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (49,324) | 28,852 | (118,940) |
| Inventories | (94,984) | 24,651 | (78,949) |
| Prepaid expenses and other current assets | 4,427 | 11,552 | (11,723) |
| Accounts payable | (26,895) | (20,382) | 10,885 |
| Accrued liabilities and other current liabilities | 5,322 | 5,352 | 17,353 |
| Other long-term liabilities | 41,073 | 37,788 | (69,052) |
| Net cash provided by operating activities | 905,656 | 835,146 | 824,172 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities | (2,861,809) | (3,065,404) | (2,378,445) |
| Proceeds from sales of marketable securities | 1,371,982 | 1,926,817 | 854,993 |
| Proceeds from maturities of marketable securities | 864,798 | 585,150 | 962,417 |
| Purchases of property and equipment and intangible assets | (122,381) | (255,186) | (183,309) |
| Proceeds from sale of long-lived assets and investments | 20,862 | 24,781 | 0 |
| Acquisition of businesses, net of cash and cash equivalents | 0 | (17,145) | 0 |
| Others | (500) | (4,950) | 352 |
| Net cash used in investing activities | (727,048) | (805,937) | (743,992) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of convertible notes, net | 0 | 1,477,500 | 0 |
| Purchase of convertible note hedges | 0 | (167,100) | 0 |
| Proceeds from the sale of common stock warrants | 0 | 59,100 | 0 |
| Proceeds from issuance of stock under employee stock plans | 153,472 | 70,170 | 64,935 |
| Payments related to repurchase of common stock | (813,600) | (887,304) | (100,000) |
| Dividends paid | (186,452) | (181,336) | (46,866) |
| Tax benefit from stock-based compensation | 18,456 | 25,801 | 68,710 |
| Payments under capital lease obligations | (2,917) | (2,239) | (2,049) |
| Others | (2,500) | (5,000) | 0 |
| Net cash (used in) provided by financing activities | (833,541) | 389,592 | (15,270) |
| Change in cash and cash equivalents | (654,933) | 418,801 | 64,910 |
| Cash and cash equivalents at beginning of period | 1,151,587 | 732,786 | |
| Cash and cash equivalents at end of period | 496,654 | 1,151,587 | 732,786 |
| Supplemental disclosures of cash flow information: | |||
| Cash (received) paid for income taxes, net | 14,470 | 14,615 | (38,608) |
| Cash paid for Intereston capital lease obligations | 17,208 | 2,518 | 2,772 |
| Non-cash investing and financing activities: | |||
| Change in unrealized gains (losses) from marketable securities | 2,967 | (5,104) | (633) |
| Assets acquired by assuming related liabilities | 9,605 | 3,327 | 45,195 |
| Goodwill adjustment related to previously acquired business | (25,000) | 0 | 0 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2014 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 25, 2015 10-K (Filed: Mar 12, 2015) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Jan 25, 2015 | Jan 26, 2014 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 496,654 | 1,151,587 |
| Marketable securities | 4,126,685 | 3,520,223 |
| Accounts receivable, net | 473,637 | 426,357 |
| Inventories | 482,893 | 387,765 |
| Prepaid expenses and other current assets | 70,174 | 70,285 |
| Deferred income taxes | 63,254 | 68,494 |
| Total current assets | 5,713,297 | 5,624,711 |
| Property and equipment, net | 557,282 | 582,740 |
| Goodwill | 618,179 | 643,179 |
| Intangible assets, net | 221,714 | 296,012 |
| Other assets | 90,896 | 104,252 |
| Total assets | 7,201,368 | 7,250,894 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 293,223 | 324,391 |
| Accrued liabilities and other current liabilities | 602,807 | 621,105 |
| Total current liabilities | 896,030 | 945,496 |
| Long-term Debt | 1,384,342 | 1,356,375 |
| Other long-term liabilities | 488,928 | 475,125 |
| Capital lease obligations, long term | 14,086 | 17,500 |
| Commitments and contingencies - see Note 12 | 0 | 0 |
| Shareholders' equity | ||
| Preferred stock | 0 | 0 |
| Common stock | 754 | 732 |
| Additional paid-in capital | 3,855,092 | 3,483,342 |
| Treasury stock, at cost | (3,394,585) | (2,537,295) |
| Accumulated other comprehensive income | 7,844 | 4,877 |
| Retained earnings | 3,948,877 | 3,504,742 |
| Total shareholders' equity | 4,417,982 | 4,456,398 |
| Total liabilities and shareholders' equity | 7,201,368 | 7,250,894 |
| External Links | |
| NVIDIA CORP (NVDA) Fiscal Year 2014 | |
| 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 |