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: 2019 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Jan 26, 2020 10-K (Filed: Feb 20, 2020) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 26, 2020 | Jan 27, 2019 | Jan 28, 2018 | |
| Revenue | $ 10,918 | 11,716 | 9,714 |
| Cost of revenue | 4,150 | 4,545 | 3,892 |
| Gross profit | 6,768 | 7,171 | 5,822 |
| Operating expenses | |||
| Research and development | 2,829 | 2,376 | 1,797 |
| Sales, general and administrative | 1,093 | 991 | 815 |
| Total operating expenses | 3,922 | 3,367 | 2,612 |
| Income from operations | 2,846 | 3,804 | 3,210 |
| Interest income | 178 | 136 | 69 |
| Interest expense | (52) | (58) | (61) |
| Other, net | (2) | 14 | (22) |
| Total other income (expense) | 124 | 92 | (14) |
| Income before income tax | 2,970 | 3,896 | 3,196 |
| Income tax expense (benefit) | 174 | (245) | 149 |
| Net income | 2,796 | 4,141 | 3,047 |
| Net income per share: | |||
| Basic (in USD per share) | 4.59 | 6.81 | 5.09 |
| Diluted (in USD per share) | 4.52 | 6.63 | 4.82 |
| Weighted average shares used in per share computation: | |||
| Basic (in shares) | 609 | 608 | 599 |
| Diluted (in shares) | 618 | 625 | 632 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2019 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Jan 26, 2020 10-K (Filed: Feb 20, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 26, 2020 | Jan 27, 2019 | Jan 28, 2018 | |
| Net income | $ 2,796 | 4,141 | 3,047 |
| Available-for-sale debt securities: | |||
| Net unrealized gain (loss) | 8 | 10 | (5) |
| Reclassification adjustments for net realized gain included in net income | 0 | 1 | 1 |
| Net change in unrealized gain (loss) | 8 | 11 | (4) |
| Cash flow hedges: | |||
| Net unrealized gain (loss) | 10 | 6 | (1) |
| Reclassification adjustments for net realized gain (loss) included in net income | (5) | (11) | 3 |
| Net change in unrealized gain (loss) | 5 | (5) | 2 |
| Other comprehensive income (loss), net of tax | 13 | 6 | (2) |
| Total comprehensive income | 2,809 | 4,147 | 3,045 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NVIDIA CORP | |||
Ticker: NVDA Fiscal Year: 2019 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Jan 26, 2020 10-K (Filed: Feb 20, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 26, 2020 | Jan 27, 2019 | Jan 28, 2018 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,796 | 4,141 | 3,047 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Stock-based compensation expense | 844 | 557 | 391 |
| Depreciation and amortization | 381 | 262 | 199 |
| Deferred income taxes | 18 | (315) | (359) |
| Loss on early debt conversions | 0 | 0 | 19 |
| Other | 5 | (45) | 20 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (233) | (149) | (440) |
| Inventories | 597 | (776) | 0 |
| Prepaid expenses and other assets | 77 | (55) | 21 |
| Accounts payable | 194 | (135) | 90 |
| Accrued and other current liabilities | 54 | 256 | 33 |
| Other long-term liabilities | 28 | 2 | 481 |
| Net cash provided by operating activities | 4,761 | 3,743 | 3,502 |
| Cash flows from investing activities: | |||
| Proceeds from maturities of marketable securities | 4,744 | 7,232 | 1,078 |
| Proceeds from sales of marketable securities | 3,365 | 428 | 863 |
| Purchases of marketable securities | (1,461) | (11,148) | (36) |
| Purchases of property and equipment and intangible assets | (489) | (600) | (593) |
| Investments and other, net | (14) | (9) | (36) |
| Proceeds from sale of long-lived assets and investments | 0 | 0 | 2 |
| Net cash provided by (used in) investing activities | 6,145 | (4,097) | 1,278 |
| Cash flows from financing activities: | |||
| Payments related to repurchases of common stock | 0 | (1,579) | (909) |
| Repayment of Convertible Notes | 0 | (16) | (812) |
| Dividends paid | (390) | (371) | (341) |
| Proceeds related to employee stock plans | 149 | 137 | 139 |
| Payments related to tax on restricted stock units | (551) | (1,032) | (612) |
| Other | 0 | (5) | (9) |
| Net cash used in financing activities | (792) | (2,866) | (2,544) |
| Change in cash and cash equivalents | 10,114 | (3,220) | 2,236 |
| Cash and cash equivalents at beginning of period | 782 | 4,002 | |
| Cash and cash equivalents at end of period | 10,896 | 782 | 4,002 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income taxes, net | 176 | 61 | 22 |
| Cash paid for interest | 54 | 55 | 55 |
| Non-cash investing and financing activity: | |||
| Assets acquired by assuming related liabilities | 212 | 76 | 36 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
NVIDIA CORP | ||
Ticker: NVDA Fiscal Year: 2019 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Jan 26, 2020 10-K (Filed: Feb 20, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 26, 2020 | Jan 27, 2019 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 10,896 | 782 |
| Marketable securities | 1 | 6,640 |
| Accounts receivable, net | 1,657 | 1,424 |
| Inventories | 979 | 1,575 |
| Prepaid expenses and other current assets | 157 | 136 |
| Total current assets | 13,690 | 10,557 |
| Property and equipment, net | 1,674 | 1,404 |
| Operating lease assets | 618 | 470 |
| Goodwill | 618 | 618 |
| Intangible assets, net | 49 | 45 |
| Deferred income tax assets | 548 | 560 |
| Other assets | 118 | 108 |
| Total assets | 17,315 | 13,292 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 687 | 511 |
| Accrued and other current liabilities | 1,097 | 818 |
| Total current liabilities | 1,784 | 1,329 |
| Long-term debt | 1,991 | 1,988 |
| Long-term operating lease liabilities | 561 | 0 |
| Other long-term liabilities | 775 | 633 |
| Total liabilities | 5,111 | 3,950 |
| Commitments and contingencies - see Note 13 | ||
| Shareholders equity: | ||
| Preferred stock, $.001 par value; 2 shares authorized; none issued | 0 | 0 |
| Common stock, $.001 par value; 2,000 shares authorized; 955 shares issued and 612 outstanding as of January 26, 2020; 945 shares issued and 606 outstanding as of January 27, 2019 | 1 | 1 |
| Additional paid-in capital | 7,045 | 6,051 |
| Treasury stock, at cost (342 shares in 2020 and 339 shares in 2019) | (9,814) | (9,263) |
| Accumulated other comprehensive income (loss) | 1 | (12) |
| Retained earnings | 14,971 | 12,565 |
| Total shareholders' equity | 12,204 | 9,342 |
| Total liabilities and shareholders' equity | 17,315 | 13,292 |
| External Links | |
| NVIDIA CORP (NVDA) Fiscal Year 2019 | |
| 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 |