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56
NVIDIA CORPORATION AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 1 - Organization and Summary of Significant Accounting Policies
Our Company
NVIDIA is dedicated to advancing visual computing. We enable individuals to interact with digital ideas, data and
entertainment with an ease and efficiency unmatched by any other communication medium.
Our two reporting segments - GPU and Tegra Processor - are based on a single underlying graphics architecture.
Our GPU product brands aimed at specialized markets include GeForce for gamers; Quadro for designers; Tesla for
researchers, deep learning and big-data analysts; and GRID for cloud-based visual computing users.
We also integrate our GPUs into tiny mobile chips called system-on-a-chip (SOC) processors, which power tablets,
and automotive infotainment and safety systems. Our Tegra brand integrates an entire computer onto a single chip,
incorporating GPUs and multi-core CPUs with audio, video and input/output capabilities. They can also be integrated with
baseband processors to add voice and data communication. Tegra conserves power while delivering state-of-the-art graphics
and multimedia processing.
Headquartered in Santa Clara, California, NVIDIA was incorporated in California in April 1993 and reincorporated in
Delaware in April 1998.
All references to “NVIDIA,” “we,” “us,” “our” or the “Company” mean NVIDIA Corporation and its subsidiaries,
except where it is made clear that the term means only the parent company.
Fiscal Year
We operate on a 52- or a 53-week year, ending on the last Sunday in January. Fiscal years 2015, 2014 and 2013 were
52-week years.
Reclassifications
Certain prior fiscal year balances have been reclassified to conform to the current fiscal year presentation.
Principles of Consolidation
Our consolidated financial statements include the accounts of NVIDIA Corporation and its wholly-owned subsidiaries.
All material intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United
States, or U.S. GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported
amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. On an on-
going basis, we evaluate our estimates, including those related to revenue recognition, inventories, income taxes, goodwill,
cash equivalents and marketable securities, stock-based compensation, and litigation, investigation and settlement costs
and other contingencies. These estimates are based on historical facts and various other assumptions that we believe are
reasonable.