2018 Q3 Form 10-Q Financial Statement

#000101872418000159 Filed on October 26, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $56.58B $43.74B
YoY Change 29.33% 33.72%
Cost Of Revenue $33.00B $27.55B
YoY Change 19.8% 29.58%
Gross Profit $23.57B $16.20B
YoY Change 45.56% 41.39%
Gross Profit Margin 41.67% 37.02%
Selling, General & Admin $4.344B $3.439B
YoY Change 26.32% 44.68%
% of Gross Profit 18.43% 21.23%
Research & Development $7.162B $5.944B
YoY Change 20.49% 43.75%
% of Gross Profit 30.38% 36.7%
Depreciation & Amortization $3.778B $2.912B
YoY Change 29.74% 39.73%
% of Gross Profit 16.03% 17.98%
Operating Expenses $11.51B $9.383B
YoY Change 22.63% 44.09%
Operating Profit $3.724B $347.0M
YoY Change 973.2% -39.65%
Interest Expense $358.0M $228.0M
YoY Change 57.02% 93.22%
% of Operating Profit 9.61% 65.71%
Other Income/Expense, Net -$334.0M -$31.00M
YoY Change 977.42% -63.1%
Pretax Income $3.390B $316.0M
YoY Change 972.78% -35.64%
Income Tax $508.0M $58.00M
% Of Pretax Income 14.99% 18.35%
Net Earnings $2.883B $256.0M
YoY Change 1026.17% 1.59%
Net Earnings / Revenue 5.1% 0.59%
Basic Earnings Per Share $5.91 $0.53
Diluted Earnings Per Share $5.75 $0.52
COMMON SHARES
Basic Shares Outstanding 488.0M shares 481.0M shares
Diluted Shares Outstanding 501.0M shares 494.0M shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.77B $24.31B
YoY Change 22.44% 32.5%
Cash & Equivalents $20.43B $12.77B
Short-Term Investments $9.340B $11.54B
Other Short-Term Assets
YoY Change
Inventory $15.86B $13.71B
Prepaid Expenses
Receivables $14.26B $10.56B
Other Receivables
Total Short-Term Assets $59.89B $48.58B
YoY Change 23.28% 36.42%
LONG-TERM ASSETS
Property, Plant & Equipment $58.02B $45.34B
YoY Change 27.98% 66.81%
Goodwill $14.55B $13.27B
YoY Change 9.66% 247.86%
Intangibles
YoY Change
Long-Term Investments $628.0M $438.0M
YoY Change 43.38% 48.47%
Other Assets $11.24B $8.083B
YoY Change 39.03% 88.15%
Total Long-Term Assets $83.81B $66.69B
YoY Change 25.67% 88.98%
TOTAL ASSETS
Total Short-Term Assets $59.89B $48.58B
Total Long-Term Assets $83.81B $66.69B
Total Assets $143.7B $115.3B
YoY Change 24.66% 62.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.90B $26.08B
YoY Change 18.52% 38.69%
Accrued Expenses $11.09B $9.268B
YoY Change 19.61% -11.71%
Deferred Revenue $6.000B
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $44.00M $1.037B
YoY Change -95.76% 2060.42%
Total Short-Term Liabilities $55.32B $47.07B
YoY Change 17.53% 40.52%
LONG-TERM LIABILITIES
Long-Term Debt $24.68B $24.71B
YoY Change -0.11% 201.16%
Other Long-Term Liabilities $24.56B $18.83B
YoY Change 30.46% 64.98%
Total Long-Term Liabilities $49.25B $43.54B
YoY Change 13.11% 121.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.32B $47.07B
Total Long-Term Liabilities $49.25B $43.54B
Total Liabilities $104.6B $90.61B
YoY Change 15.41% 70.59%
SHAREHOLDERS EQUITY
Retained Earnings $16.62B $6.779B
YoY Change 145.11% 62.68%
Common Stock $5.000M $5.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.837B $1.837B
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $39.13B $24.66B
YoY Change
Total Liabilities & Shareholders Equity $143.7B $115.3B
YoY Change 24.66% 62.58%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $2.883B $256.0M
YoY Change 1026.17% 1.59%
Depreciation, Depletion And Amortization $3.778B $2.912B
YoY Change 29.74% 39.73%
Cash From Operating Activities $8.588B $3.777B
YoY Change 127.38% -18.93%
INVESTING ACTIVITIES
Capital Expenditures -$3.352B -$3.075B
YoY Change 9.01% -267.03%
Acquisitions $976.0M $13.21B
YoY Change -92.61% 15629.76%
Other Investing Activities -$2.220B -$15.40B
YoY Change -85.59% 2013.03%
Cash From Investing Activities -$5.572B -$18.48B
YoY Change -69.85% 618.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.369B $14.66B
YoY Change -116.16% -1566.2%
NET CHANGE
Cash From Operating Activities $8.588B $3.777B
Cash From Investing Activities -$5.572B -$18.48B
Cash From Financing Activities -$2.369B $14.66B
Net Change In Cash $496.0M $109.0M
YoY Change 355.05% -89.99%
FREE CASH FLOW
Cash From Operating Activities $8.588B $3.777B
Capital Expenditures -$3.352B -$3.075B
Free Cash Flow $11.94B $6.852B
YoY Change 74.26% 143.15%

Facts In Submission

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CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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OtherNoncashIncomeExpense
-17000000 USD
CY2017Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
128000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
288000000 USD
CY2018Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-96000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-22000000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
143000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
329000000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-93000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16000000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
177000000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
258000000 USD
CY2017Q3 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
43000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
146000000 USD
CY2018Q3 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
62000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
202000000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13893000000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1936000000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13213000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13891000000 USD
CY2018Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
976000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1855000000 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
13633000000 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
7390000000 USD
CY2017Q3 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2018Q3 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
4033000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
5040000000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
10750000000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
13312000000 USD
CY2017Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3074000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8336000000 USD
CY2018Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3352000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
9693000000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
16653000000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
472000000 USD
CY2017Q3 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
16049000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
16119000000 USD
CY2018Q3 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
143000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
363000000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
7384000000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
9787000000 USD
CY2017Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2211000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
6191000000 USD
CY2018Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
1964000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
6301000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48866000000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
58019000000 USD
CY2017 us-gaap Repayments Of Debt
RepaymentsOfDebt
217000000 USD
CY2018 us-gaap Repayments Of Debt
RepaymentsOfDebt
1675000000 USD
CY2017Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
71000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
159000000 USD
CY2018Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
183000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
533000000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4331000000 USD
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
7016000000 USD
CY2017Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1267000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3327000000 USD
CY2018Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2247000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
5544000000 USD
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1329000000 USD
CY2018Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
604000000 USD
CY2017Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5000000 USD
CY2018Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
3000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8636000000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16616000000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43744000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
117413000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56576000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
160504000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
17800000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P3Y6M
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
3923000000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
5180000000 USD
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1085000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3036000000 USD
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1350000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4001000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
27709000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
39125000000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1837000000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1837000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2300000000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3400000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
3054000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
3265000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
3760000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
3488000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
21800000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
8096000000 USD
CY2018Q3 us-gaap Unrecorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
UnrecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
137000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
494000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
492000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
501000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
500000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
481000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
479000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
488000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
486000000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Prior Period Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period presentation, including the addition of restricted cash to cash and cash equivalents on the consolidated statements of cash flows as a result of the adoption of new accounting guidance.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, income taxes, commitments and contingencies, valuation of acquired intangibles and goodwill, stock-based compensation forfeiture rates, vendor funding, and inventory valuation. Actual results could differ materially from those estimates.</font></div></div>

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amzn-20180930.xml Edgar Link completed
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