NVIDIA 2007 Annual Report Download - page 64

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NVIDIA CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
January 28,
2007 January 29,
2006
ASSETS
Current assets:
Cash and cash equivalents $ 544,414 $ 551,756
Marketable securities 573,436 398,418
Accounts receivable, less allowances of $15,749 and $10,837 in 2007 and 2006,
respectively 518,680 318,186
Inventories 354,680 254,870
Prepaid expenses and other current assets 31,141 24,387
Deferred income taxes 9,419 2,682
Total current assets 2,031,770 1,550,299
Property and equipment, net 260,828 178,152
Goodwill 301,425 145,317
Intangible assets, net 45,511 15,421
Deposits and other assets 28,349 27,477
Deferred income taxes 7,380 38,021
$ 2,675,263 $ 1,954,687
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 272,075 $ 179,395
Accrued liabilities 366,732 259,264
Total current liabilities 638,807 438,659
Other long−term liabilities 29,537 20,036
Commitments and contingencies − see Note 12
Stockholders' equity:
Preferred stock, $.001 par value; 2,000,000 shares authorized; none issued −− −−
Common stock, $.001 par value; 1,000,000,000 shares authorized; 388,308,979
shares issued and 360,988,504 outstanding in 2007; and 359,927,958 shares
issued and 342,954,912 outstanding in 2006 (1)
388 360
Additional paid−in capital 1,295,650 965,604
Deferred compensation − (3,604)
Treasury stock, at cost (27,227,145 shares in 2007 and 16,889,716 shares in
2006) (487,120) (212,142)
Accumulated other comprehensive income (loss), net 1,436 (1,957)
Retained earnings 1,196,565 747,731
Total stockholders' equity 2,006,919 1,495,992
$ 2,675,263 $ 1,954,687
(1) Reflects a two−for−one stock split effective on April 6, 2006.
See accompanying notes to consolidated financial statements.
56
Source: NVIDIA CORP, 10−K, March 16, 2007