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: 2016 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Jan 29, 2017 10-K (Filed: Mar 1, 2017) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2017 | Jan 31, 2016 | Jan 25, 2015 | |
| Revenue | $ 6,910 | 5,010 | 4,682 |
| Cost of revenue | 2,847 | 2,199 | 2,083 |
| Gross profit | 4,063 | 2,811 | 2,599 |
| Operating expenses | |||
| Research and development | 1,463 | 1,331 | 1,360 |
| Sales, general and administrative | 663 | 602 | 480 |
| Restructuring and other charges | 3 | 131 | 0 |
| Total operating expenses | 2,129 | 2,064 | 1,840 |
| Income from operations | 1,934 | 747 | 759 |
| Interest income | 54 | 39 | 28 |
| Interest expense | (58) | (47) | (46) |
| Other income (expense), net | (25) | 4 | 14 |
| Income before income tax expense | 1,905 | 743 | 755 |
| Income tax expense | 239 | 129 | 124 |
| Net income | 1,666 | 614 | 631 |
| Basic net income per share | 3.08 | 1.13 [1] | 1.14 |
| Diluted net income per share | 2.57 | 1.08 [2] | 1.12 |
| Weighted average shares used in basic per share computation | 541 | 543 | 552 |
| Weighted average shares used in diluted per share computation | 649 | 569 | 563 |
| Cash dividends declared and paid per common share | 0.48 | 0.40 | 0.34 |
| [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: 2016 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Jan 29, 2017 10-K (Filed: Mar 1, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2017 | Jan 31, 2016 | Jan 25, 2015 | |
| Net income | $ 1,666 | 614 | 631 |
| Net unrealized gain (loss) on available-for-sale securities | (17) | (6) | 3 |
| Reclassification adjustments for net realized gain (loss) included in net income on available-for-sale securities | 1 | (2) | 0 |
| Net change in unrealized gain (loss) on available-for-sale securities | (16) | (8) | 3 |
| Net unrealized gain (loss) on cash flow hedges | 2 | (4) | 0 |
| Reclassification adjustments for net realized gain (loss) included in net income on cash flow hedges | 2 | 0 | 0 |
| Net change in unrealized gain (loss) on cash flow hedges | 4 | (4) | 0 |
| Other comprehensive income (loss) | (12) | (12) | 3 |
| Total comprehensive income | 1,654 | 602 | 634 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 29, 2017 10-K (Filed: Mar 1, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2017 | Jan 31, 2016 | Jan 25, 2015 | |
| Cash flows from operating activities: | |||
| Net income | $ 1,666 | 614 | 631 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 187 | 197 | 220 |
| Stock-based compensation expense | 247 | 204 | 158 |
| Restructuring and other charges | 0 | 45 | 0 |
| Amortization of debt discount | 25 | 29 | 28 |
| Net gain on sale and disposal of long-lived assets and investments | (3) | (6) | (17) |
| Loss on early debt conversions | 21 | 0 | 0 |
| Deferred income taxes | 197 | 134 | 83 |
| Tax benefit from stock-based compensation | 0 | (10) | (18) |
| Other | 11 | 19 | 24 |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (321) | (32) | (49) |
| Inventories | (375) | 66 | (95) |
| Prepaid expenses and other assets | (18) | (16) | 4 |
| Accounts payable | 184 | (11) | (27) |
| Accrued and other current liabilities | (135) | 39 | 5 |
| Other long-term liabilities | (14) | (97) | (41) |
| Net cash provided by operating activities | 1,672 | 1,175 | 906 |
| Cash flows from investing activities: | |||
| Proceeds from sales of marketable securities | 1,546 | 2,102 | 1,372 |
| Proceeds from maturities of marketable securities | 969 | 1,036 | 865 |
| Proceeds from sale of long-lived assets and investments | 7 | 7 | 21 |
| Purchases of marketable securities | (3,134) | (3,477) | (2,862) |
| Purchases of property and equipment and intangible assets | (176) | (86) | (122) |
| Reimbursement of headquarters building development costs from banks | 0 | 24 | 0 |
| Other | (5) | (6) | (1) |
| Net cash used in investing activities | (793) | (400) | (727) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of convertible notes, net | 1,988 | 0 | 0 |
| Payments for Repurchase of Common Stock | (739) | (587) | (814) |
| Repayments of Convertible Debt | (673) | 0 | 0 |
| Dividends paid | (261) | (213) | (186) |
| Net proceeds (payments) related to employee stock plans | (9) | 120 | 154 |
| Payments of Debt Issuance Costs | (8) | 0 | 0 |
| Tax benefit from stock-based compensation | 0 | 10 | 18 |
| Other | (7) | (6) | (6) |
| Net cash (used in) provided by financing activities | 291 | (676) | (834) |
| Change in cash and cash equivalents | 1,170 | 99 | (655) |
| Cash and cash equivalents at beginning of period | 596 | 497 | |
| Cash and cash equivalents at end of period | 1,766 | 596 | 497 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | 14 | 14 | 14 |
| Cash paid for interest | 13 | 17 | 17 |
| Non-cash investing and financing activities: | |||
| Assets acquired by assuming related liabilities | 16 | 19 | 10 |
| Goodwill adjustment related to previously acquired business | 0 | 0 | (25) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2016 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 29, 2017 10-K (Filed: Mar 1, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 29, 2017 | Jan 31, 2016 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 1,766 | 596 |
| Marketable securities | 5,032 | 4,441 |
| Accounts receivable, net | 826 | 505 |
| Inventories | 794 | 418 |
| Prepaid expenses and other current assets | 118 | 93 |
| Total current assets | 8,536 | 6,053 |
| Property and equipment, net | 521 | 466 |
| Goodwill | 618 | 618 |
| Intangible assets, net | 104 | 166 |
| Other assets | 62 | 67 |
| Total assets | 9,841 | 7,370 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 485 | 296 |
| Accrued and other current liabilities | 507 | 642 |
| Convertible debt, short-term | 796 | 1,413 |
| Total current liabilities | 1,788 | 2,351 |
| Long-term debt | 1,983 | 0 |
| Other long-term liabilities | 271 | 453 |
| Capital lease obligations, long term | 6 | 10 |
| Total Liabilities | 4,048 | 2,814 |
| Commitments and contingencies - see Note 12 | ||
| Convertible debt conversion obligation | 31 | 87 |
| Shareholders' equity | ||
| Preferred stock | 0 | 0 |
| Common stock | 1 | 1 |
| Additional paid-in capital | 4,708 | 4,170 |
| Treasury stock, at cost | (5,039) | (4,048) |
| Accumulated other comprehensive loss | (16) | (4) |
| Retained earnings | 6,108 | 4,350 |
| Total shareholders' equity | 5,762 | 4,469 |
| Total liabilities, convertible debt conversion obligation and shareholders' equity | 9,841 | 7,370 |
| External Links | |
| NVIDIA CORP (NVDA) Fiscal Year 2016 | |
| 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 |