NVIDIA 2007 Annual Report Download - page 101

Download and view the complete annual report

Please find page 101 of the 2007 NVIDIA annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

NVIDIA CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
Note 16 − Quarterly Summary (Unaudited)
The following table sets forth our unaudited consolidated financial, for the last eight fiscal quarters ended January 28, 2007.
Fiscal 2007
Quarters Ended
Jan. 28, 2007
(B) Oct. 29, 2006
(C) July 30, 2006 April 30, 2006
(In thousands, except per share data)
Statement of Operations Data:
Revenue $ 878,873 $ 820,572 $ 687,519 $ 681,807
Cost of revenue $ 493,167 $ 486,630 $ 395,391 $ 393,134
Gross profit $ 385,706 $ 333,942 $ 292,128 $ 288,673
Income before change in accounting principle $ 163,506 $ 106,511 $ 86,753 $ 91,360
Net income $ 163,506 $ 106,511 $ 86,753 $ 92,064
Basic income per share before change in accounting
principle (A) $ 0.46 $ 0.30 $ 0.25 $ 0.26
Basic net income per share (A) $ 0.46 $ 0.30 $ 0.25 $ 0.26
Diluted income per share before change in accounting
principle (A) $ 0.41 $ 0.27 $ 0.22 $ 0.23
Diluted net income per share (A) $ 0.41 $ 0.27 $ 0.22 $ 0.24
Fiscal 2006
Quarters Ended
Jan. 29,
2006 Oct. 29,
2005
(D)
July 30,
2005 April 30, 2005
(In thousands, except per share data)
Statement of Operations Data:
Revenue $ 633,614 $ 583,415 $ 574,812 $ 583,846
Cost of revenue $ 378,812 $ 355,420 $ 357,437 $ 373,985
Gross profit $ 254,802 $ 227,995 $ 217,375 $ 209,861
Net income $ 97,374 $ 64,447 $ 73,833 $ 65,522
Basic net income per share (A) $ 0.28 $ 0.19 $ 0.22 $ 0.19
Diluted net income per share (A) $ 0.26 $ 0.18 $ 0.20 $ 0.18
(A) Reflects a two−for−one stock−split effective April 6, 2006.
(B) Included a charge of $13.4 million related to the write−off of acquired research and development expense from our purchase of
PortalPlayer that had not yet reached technological feasibility and has no alternative future use.
(C) Included a charge of $17.5 million associated with a confidential patent licensing arrangement.
(D) Included a charge of $14.2 million related to settlement costs associated with two litigation matters, 3dfx and AVG.
92
Source: NVIDIA CORP, 10−K, March 16, 2007