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: 2017 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Jan 28, 2018 10-K (Filed: Feb 28, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2018 | Jan 29, 2017 | Jan 31, 2016 | |
| Revenue | $ 9,714 | 6,910 | 5,010 |
| Cost of revenue | 3,892 | 2,847 | 2,199 |
| Gross profit | 5,822 | 4,063 | 2,811 |
| Operating expenses | |||
| Research and development | 1,797 | 1,463 | 1,331 |
| Sales, general and administrative | 815 | 663 | 602 |
| Restructuring and other charges | 0 | 3 | 131 |
| Total operating expenses | 2,612 | 2,129 | 2,064 |
| Income from operations | 3,210 | 1,934 | 747 |
| Interest income | 69 | 54 | 39 |
| Interest expense | (61) | (58) | (47) |
| Other, net | (22) | (25) | 4 |
| Total other income (expense) | (14) | (29) | (4) |
| Income before income tax | 3,196 | 1,905 | 743 |
| Income tax expense | 149 | 239 | 129 |
| Net income | 3,047 | 1,666 | 614 |
| Basic net income per share | 5.09 | 3.08 | 1.13 [1] |
| Diluted net income per share | 4.82 [2] | 2.57 | 1.08 |
| Weighted average shares used in basic per share computation | 599 | 541 | 543 |
| Weighted average shares used in diluted per share computation | 632 | 649 | 569 |
| Cash dividends declared and paid per common share | 0.57 | 0.48 | 0.40 |
| [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: 2017 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Jan 28, 2018 10-K (Filed: Feb 28, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2018 | Jan 29, 2017 | Jan 31, 2016 | |
| Net income | $ 3,047 | 1,666 | 614 |
| Net unrealized loss on available-for sale securities | (5) | (17) | (6) |
| Reclassification adjustments for net realized gain (loss) on available-for sale securities included in net income | 1 | 1 | (2) |
| Net change in unrealized loss on available-for sale securities | (4) | (16) | (8) |
| Net unrealized gain (loss) on cash flow hedges | (1) | 2 | (4) |
| Reclassification adjustments for net realized gain (loss) included in net income on cash flow hedges | 3 | 2 | 0 |
| Net change in unrealized gain (loss) on cash flow hedges | 2 | 4 | (4) |
| Other comprehensive loss, net of tax | (2) | (12) | (12) |
| Total comprehensive income | 3,045 | 1,654 | 602 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2017 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 28, 2018 10-K (Filed: Feb 28, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2018 | Jan 29, 2017 | Jan 31, 2016 | |
| Cash flows from operating activities: | |||
| Net income | $ 3,047 | 1,666 | 614 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Stock-based compensation expense | 391 | 247 | 204 |
| Depreciation and amortization | 199 | 187 | 197 |
| Loss on early debt conversions | 19 | 21 | 0 |
| Amortization of debt discount | 3 | 25 | 29 |
| Deferred income taxes | (359) | 197 | 134 |
| Net gain on sale and disposal of long-lived assets and investments | (1) | (3) | (6) |
| Restructuring and other charges | 0 | 0 | 45 |
| Tax benefit from stock-based compensation | 0 | 0 | (10) |
| Other | 18 | 11 | 19 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (440) | (321) | (32) |
| Inventories | 0 | (375) | 66 |
| Prepaid expenses and other assets | 21 | (18) | (16) |
| Accounts payable | 90 | 184 | (11) |
| Accrued and other current liabilities | 33 | (135) | 39 |
| Other long-term liabilities | 481 | (14) | (97) |
| Net cash provided by operating activities | 3,502 | 1,672 | 1,175 |
| Cash flows from investing activities: | |||
| Proceeds from sales of marketable securities | 863 | 1,546 | 2,102 |
| Proceeds from maturities of marketable securities | 1,078 | 969 | 1,036 |
| Proceeds from sale of long-lived assets and investments | 2 | 7 | 7 |
| Purchases of marketable securities | (36) | (3,134) | (3,477) |
| Purchases of property and equipment and intangible assets | (593) | (176) | (86) |
| Reimbursement of building development costs from banks | 0 | 0 | 24 |
| Investment in non-affiliates | (36) | (5) | (6) |
| Net cash provided by (used in) investing activities | 1,278 | (793) | (400) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of debt | 0 | 1,988 | 0 |
| Payments related to repurchases of common stock | (909) | (739) | (587) |
| Repayment of Convertible Notes | (812) | (673) | 0 |
| Dividends paid | (341) | (261) | (213) |
| Proceeds related to employee stock plans | 139 | 167 | 186 |
| Payments related to tax on restricted stock units | (612) | (176) | (66) |
| Payments for debt issuance costs | 0 | (8) | 0 |
| Tax benefit from stock-based compensation | 0 | 0 | 10 |
| Other | (9) | (7) | (6) |
| Net cash provided by (used in) financing activities | (2,544) | 291 | (676) |
| Change in cash and cash equivalents | 2,236 | 1,170 | 99 |
| Cash and cash equivalents at beginning of period | 1,766 | 596 | |
| Cash and cash equivalents at end of period | 4,002 | 1,766 | 596 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | 22 | 14 | 14 |
| Cash paid for interest | 55 | 13 | 17 |
| Non-cash investing and financing activity: | |||
| Assets acquired by assuming related liabilities | 36 | 16 | 19 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2017 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 28, 2018 10-K (Filed: Feb 28, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 28, 2018 | Jan 29, 2017 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 4,002 | 1,766 |
| Marketable securities | 3,106 | 5,032 |
| Accounts receivable, net | 1,265 | 826 |
| Inventories | 796 | 794 |
| Prepaid expenses and other current assets | 86 | 118 |
| Total current assets | 9,255 | 8,536 |
| Property and equipment, net | 997 | 521 |
| Goodwill | 618 | 618 |
| Intangible assets, net | 52 | 104 |
| Other assets | 319 | 62 |
| Total assets | 11,241 | 9,841 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 596 | 485 |
| Accrued and other current liabilities | 542 | 507 |
| Convertible short-term debt | 15 | 796 |
| Total current liabilities | 1,153 | 1,788 |
| Long-term debt | 1,985 | 1,983 |
| Other long-term liabilities | 632 | 277 |
| Total Liabilities | 3,770 | 4,048 |
| Commitments and contingencies - see Note 12 | ||
| Convertible debt conversion obligation | 0 | 31 |
| Shareholders' equity | ||
| Preferred stock | 0 | 0 |
| Common stock | 1 | 1 |
| Additional paid-in capital | 5,351 | 4,708 |
| Treasury stock, at cost | (6,650) | (5,039) |
| Accumulated other comprehensive loss | (18) | (16) |
| Retained earnings | 8,787 | 6,108 |
| Total shareholders' equity | 7,471 | 5,762 |
| Total liabilities, convertible debt conversion obligation and shareholders' equity | 11,241 | 9,841 |
| External Links | |
| NVIDIA CORP (NVDA) Fiscal Year 2017 | |
| 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 |