NVIDIA 2009 Annual Report Download - page 47

ITEM 6. SELECTED FINANCIAL DATA
The following selected financial data should be read in conjunction with our financial statements and the notes thereto, and with
Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The consolidated statements of
operations data for the years ended January 25, 2009, January 27, 2008 and January 28, 2007 and the consolidated balance sheet data
as of January 25, 2009 and January 27, 2008 have been derived from and should be read in conjunction with our audited consolidated
financial statements and the notes thereto included elsewhere in this Annual Report on Form 10-K. The consolidated statement of
operations data for the years ended January 29, 2006 and January 30, 2005 and the consolidated balance sheet data for the year ended
January 28, 2007, January 29, 2006 and January 30, 2005 are derived from audited consolidated financial statements and the notes
thereto which are not included in this Annual Report on Form 10-K.
Year Ended
January 25, January 27, January 28, January 29, January 30,
2009 (B)
2008
(C)
2007
(C,D)
2006
(E)
2005
(In thousands, except per share data)
Consolidated Statement of Operations
Data:
Revenue $ 3,424,859 $ 4,097,860 $ 3,068,771 $ 2,375,687 $ 2,010,033
Income (loss) from operations $ (70,700) $ 836,346 $ 453,452 $ 336,664 $ 95,176
Net income (loss) $ (30,041) $ 797,645 $ 448,834 $ 301,176 $ 88,615
Basic net income (loss) per share $ (0.05) $ 1.45 $ 0.85 $ 0.59 $ 0.18
Diluted net income (loss) per share $ (0.05) $ 1.31 $ 0.76 $ 0.55 $ 0.17
Shares used in basic per share computation (A) 548,126 550,108 528,606 509,070 498,186
Shares used in diluted per share computation
(A) 548,126 606,732 587,256 548,556 527,436
January 25, January 27, January 28, January 29, January 30,
2009 2008 2007 2006 2005
(In thousands)
Consolidated Balance Sheet Data:
Cash, cash equivalents and marketable
securities $ 1,255,390 $ 1,809,478 $ 1,117,850 $ 950,174 $ 670,045
Total assets $ 3,350,727 $ 3,747,671 $ 2,675,263 $ 1,954,687 $ 1,663,551
Capital lease obligations, less current portion $ 25,634 $ - $ - $ - $ -
Total stockholders’ equity $ 2,394,652 $ 2,617,912 $ 2,006,919 $ 1,495,992 $ 1,221,091
Cash dividends declared per common share $ - $ - $ - $ - $ -
(A) Reflects a three-for-two stock-split effective September 10, 2007 and a two-for-one stock-split effective April 6, 2006.
(B) Fiscal year 2009 includes $196.0 million for a warranty charge against cost of revenue arising from a weak die/packaging material
set; a benefit of $8.0 million received from an insurance provider as reimbursement for some of the claims towards the warranty cost
arising from a weak die/packaging material set; $18.9 million for a non-recurring charge resulting from the termination of a
development contract related to a new campus construction project we have put on hold and $8.0 million for restructuring charges.
(C) Fiscal years 2008 and 2007 include a charge of $4.0 million and $13.4 million towards in-process research and development
expense related to our purchase of Mental Images Inc. and PortalPlayer Inc., respectively, that had not yet reached technological
feasibility and have no alternative future use.
(D) Fiscal year 2007 included a charge of $17.5 million associated with a confidential patent licensing arrangement.
(E) Fiscal year 2006 included a charge of $14.2 million related to settlement costs associated with two litigation matters, 3dfx and
American Video Graphics, LP, or AVG.
39
Source: NVIDIA CORP, 10-K, March 13, 2009 Powered by Morningstar® Document Research℠