NVIDIA 2006 Annual Report Download - page 38

Year Ended
January
29, January 30, January 25, January 26, January 27,
2006 (A) 2005 2004 (B, C) 2003 (D, E) 2002 (F, G)
(in thousands, except per share data)
Consolidated Statement of Income Data:
Revenue $2,375,687 $2,010,033 $1,822,945 $1,909,447 $1,369,471
Gross profit $ 910,795 $ 649,486 $ 528,878 $ 576,012 $ 519,238
Income from operations $ 340,097 $ 113,593 $ 90,157 $ 143,986 $ 241,732
Income before income tax expense $ 360,221 $ 125,445 $ 86,673 $ 150,557 $ 252,749
Income tax expense $ 57,635 $ 25,089 $ 12,254 $ 59,758 $ 75,825
Net income $ 302,586 $ 100,356 $ 74,419 $ 90,799 $ 176,924
Basic net income per share $ 1.78 $ 0.60 $ 0.46 $ 0.59 $ 1.24
Diluted net income per share $ 1.65 $ 0.57 $ 0.43 $ 0.54 $ 1.03
Shares used in basic per share computation 169,690 166,062 160,924 153,513 143,015
Shares used in diluted per share
computation 182,951 176,558 172,707 168,393 171,074
January
29, January 30, January 25, January 26, January 27,
2006 2005 2004 2003 2002
(in thousands)
Consolidated Balance Sheet Data:
Cash, cash equivalents and marketable
securities $ 950,174 $ 670,045 $ 604,043 $1,028,413 $ 791,377
Total assets $1,915,299 $1,628,536 $1,399,344 $1,617,015 $1,503,174
Capital lease obligations, less current
portion $ −− $ −− $ 856 $ 4,880 $ 5,861
Deferred revenue $ 217 $ 11,500 $ −− $ −− $ 70,193
Non−current deferred income tax liabilities $ 8,260 $ 20,754 $ 8,609 $ −− $ −−
Other long−term debt $ −− $ −− $ −− $ 300,000 $ 300,000
Long−term liabilities $ 10,624 $ 8,358 $ 4,582 $ −− $ −−
Total stockholders' equity $1,457,756 $1,178,268 $1,051,185 $ 932,687 $ 763,819
Cash dividends declared per common share $ −− $ −− $ −− $ −− $ −−
(A) Fiscal 2006 included a charge of $14.2 million related to settlement costs associated with two litigation matters, 3dfx and
AVG.
(B) Fiscal 2004 included a charge of $3.5 million related to the write−off of acquired research and development expense from the
purchase of MediaQ, Inc. that had not yet reached technological feasibility and has no alternative future use.
(C) Fiscal 2004 included a charge of $13.1 million in connection with our convertible subordinated debenture redemption.
(D) Fiscal 2003 included $40.4 million in additional revenue related to our settlement of our arbitration with Microsoft regarding
Xbox pricing.
(E) Fiscal 2003 included a charge for stock option exchange expenses of $61.8 million related to personnel associated with cost of
revenue (for manufacturing personnel), research and development and sales, general and administrative of $6.2 million, $35.4 million
and $20.2 million, respectively.
(F) Fiscal 2002 included $10.0 million of acquisition charges attributable to expenses related to our acquisition of assets from
3dfx.
(G) Fiscal 2002 included a charge of $3.7 million related to our relocation from our previous headquarters.
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