NVIDIA 2012 Annual Report Download - page 62

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Table of Contents
NVIDIA CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
January 29,
2012 January 30,
2011 January 31,
2010
Revenue $ 3,997,930 $ 3,543,309 $ 3,326,445
Cost of revenue 1,941,413 2,134,219 2,149,522
Gross profit 2,056,517 1,409,090 1,176,923
Operating expenses:
Research and development 1,002,605 848,830 908,851
Sales, general and administrative 405,613 361,513 367,017
Legal settlement — (57,000) —
Total operating expenses 1,408,218 1,153,343 1,275,868
Income (loss) from operations 648,299 255,747 (98,945)
Interest income 19,149 19,057 23,115
Interest expense (3,089) (3,127) (3,320)
Other income (expense), net (963) (508) (3,144)
Income (loss) before income tax 663,396 271,169 (82,294)
Income tax expense (benefit) 82,306 18,023 (14,307)
Net income (loss) $ 581,090 $ 253,146 $ (67,987)
Basic net income (loss) per share $ 0.96 $ 0.44 $ (0.12)
Weighted average shares used in basic per share computation 603,646 575,177 549,574
Diluted net income (loss) per share $ 0.94 $ 0.43 $ (0.12)
Weighted average shares used in diluted per share computation 616,371 588,684 549,574
See accompanying notes to the consolidated financial statements.
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