Cisco 2012 Annual Report Download - page 140

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Supplementary Financial Data (Unaudited)
(in millions, except per-share amounts)
Quarters Ended July 28, 2012 April 28, 2012 January 28, 2012 October 29, 2011
Net sales ................................ $11,690 $11,588 $11,527 $11,256
Gross margin ............................ $ 7,085 $ 7,169 $ 7,065 $ 6,890
Operating income ........................ $ 2,371 $ 2,750 $ 2,734 $ 2,210
Net income .............................. $ 1,917 $ 2,165 $ 2,182 $ 1,777
Net income per share—basic ............... $ 0.36 $ 0.40 $ 0.41 $ 0.33
Net income per share—diluted .............. $ 0.36 $ 0.40 $ 0.40 $ 0.33
Cash dividends declared per common share ... $ 0.08 $ 0.08 $ 0.06 $ 0.06
Cash and cash equivalents and investments ... $48,716 $48,412 $46,742 $44,388
Quarters Ended July 30, 2011(1) April 30, 2011 January 29, 2011 October 30, 2010
Net sales ................................. $11,195 $10,866 $10,407 $10,750
Gross margin ............................. $ 6,861 $ 6,659 $ 6,261 $ 6,755
Operating income ......................... $ 1,456 $ 2,183 $ 1,684 $ 2,351
Net income ............................... $ 1,232 $ 1,807 $ 1,521 $ 1,930
Net income per share—basic ................. $ 0.22 $ 0.33 $ 0.27 $ 0.34
Net income per share—diluted ............... $ 0.22 $ 0.33 $ 0.27 $ 0.34
Cash dividends declared per common share(2) .... $ 0.06 $ 0.06 $ — $ —
Cash and cash equivalents and investments ..... $44,585 $43,367 $40,229 $38,925
(1) With regard to items which significantly impact the comparability of the above data, for the quarter ended July 30, 2011, operating
income included restructuring and other charges of $772 million and net income for the quarter ended July 30, 2011 included such
charges of $602 million, net of tax.
(2) The Company first declared a quarterly cash dividend on March 17, 2011.
Stock Market Information
Cisco common stock is traded on the NASDAQ Global Select Market under the symbol CSCO. The following
table lists the high and low sales prices for each period indicated:
FISCAL 2012 FISCAL 2011
Fiscal High Low High Low
First quarter ................................................... $18.60 $13.30 $24.87 $19.82
Second quarter ................................................. $20.07 $17.22 $24.60 $19.00
Third quarter .................................................. $21.30 $19.27 $22.34 $16.52
Fourth quarter ................................................. $20.17 $14.96 $17.99 $14.78
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosures
None.
Item 9A. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
Based on our management’s evaluation (with the participation of our principal executive officer and principal
financial officer), as of the end of the period covered by this report, our principal executive officer and principal
financial officer have concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and
15d-15(e) under the Securities Exchange Act of 1934, as amended, (the “Exchange Act”)) are effective to ensure
that information required to be disclosed by us in reports that we file or submit under the Exchange Act is
recorded, processed, summarized and reported within the time periods specified in Securities and Exchange
Commission rules and forms and is accumulated and communicated to our management, including our principal
executive officer and principal financial officer, as appropriate to allow timely decisions regarding required
disclosure.
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