2010 Form 10-K Financial Statement
#000119312511043696 Filed on February 23, 2011
Income Statement
| Concept | 2010 | 2009 Q4 | 2009 |
|---|---|---|---|
| Revenue | $4.592B | $902.7M | $3.279B |
| YoY Change | 40.07% | 19.88% | 16.42% |
| Cost Of Revenue | $2.655B | $520.8M | $1.849B |
| YoY Change | 43.59% | 24.09% | 17.55% |
| Gross Profit | $1.938B | $381.9M | $1.429B |
| YoY Change | 35.62% | 14.58% | 14.96% |
| Gross Profit Margin | 42.2% | 42.31% | 43.58% |
| Selling, General & Admin | $972.0M | $190.7M | $721.0M |
| YoY Change | 34.81% | 12.57% | 10.58% |
| % of Gross Profit | 50.15% | 49.93% | 50.45% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $110.2M | $24.40M | $89.40M |
| YoY Change | 23.27% | 14.55% | 19.52% |
| % of Gross Profit | 5.69% | 6.39% | 6.26% |
| Operating Expenses | $1.076B | $215.0M | $811.0M |
| YoY Change | 32.68% | 12.74% | 11.55% |
| Operating Profit | $862.0M | $166.9M | $618.0M |
| YoY Change | 39.48% | 17.04% | 19.77% |
| Interest Expense | $16.00M | $6.100M | $18.00M |
| YoY Change | -11.11% | 5.17% | -18.18% |
| % of Operating Profit | 1.86% | 3.65% | 2.91% |
| Other Income/Expense, Net | $1.000M | -$4.500M | $1.000M |
| YoY Change | 0.0% | -63.41% | -104.17% |
| Pretax Income | $879.0M | $168.6M | $637.0M |
| YoY Change | 37.99% | 23.88% | 23.69% |
| Income Tax | $145.0M | $24.60M | $102.0M |
| % Of Pretax Income | 16.5% | 14.59% | 16.01% |
| Net Earnings | $734.0M | $144.0M | $535.0M |
| YoY Change | 37.2% | 28.23% | 24.13% |
| Net Earnings / Revenue | 15.98% | 15.95% | 16.32% |
| Basic Earnings Per Share | $2.44 | $1.82 | |
| Diluted Earnings Per Share | $2.37 | $236.4K | $1.78 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 300.8M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 | 2009 Q4 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.226B | $1.399B | $1.399B |
| YoY Change | 59.11% | 83.36% | 83.36% |
| Cash & Equivalents | $1.541B | $1.101B | $1.101B |
| Short-Term Investments | $685.0M | $298.0M | $298.0M |
| Other Short-Term Assets | $278.0M | $199.0M | $199.0M |
| YoY Change | 39.7% | 57.94% | 57.94% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $1.014B | $709.0M | $709.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $3.518B | $2.308B | $2.308B |
| YoY Change | 52.43% | 57.22% | 57.22% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $570.0M | $481.5M | $482.0M |
| YoY Change | 18.26% | 5.77% | 5.93% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $0.00 | $151.0M | $151.0M |
| YoY Change | -100.0% | -6.79% | -6.79% |
| Other Assets | $185.0M | $130.0M | $130.0M |
| YoY Change | 42.31% | 47.73% | 47.73% |
| Total Long-Term Assets | $1.065B | $1.030B | $1.030B |
| YoY Change | 3.4% | 13.56% | 13.56% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $3.518B | $2.308B | $2.308B |
| Total Long-Term Assets | $1.065B | $1.030B | $1.030B |
| Total Assets | $4.583B | $3.338B | $3.338B |
| YoY Change | 37.3% | 40.55% | 40.55% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $75.00M | $55.00M | $55.00M |
| YoY Change | 36.36% | 37.5% | 37.5% |
| Accrued Expenses | $669.0M | $443.0M | $443.0M |
| YoY Change | 51.02% | 98.65% | 77.2% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $931.0M | $647.0M | $647.0M |
| YoY Change | 43.89% | 66.75% | 66.75% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $63.00M | $38.00M | $38.00M |
| YoY Change | 65.79% | 171.43% | 171.43% |
| Total Long-Term Liabilities | $63.00M | $38.00M | $38.00M |
| YoY Change | 65.79% | 171.43% | 171.43% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $931.0M | $647.0M | $647.0M |
| Total Long-Term Liabilities | $63.00M | $38.00M | $38.00M |
| Total Liabilities | $999.0M | $685.0M | $685.0M |
| YoY Change | 45.84% | 67.48% | 67.48% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $3.584B | $2.653B | $2.653B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $4.583B | $3.338B | $3.338B |
| YoY Change | 37.3% | 40.55% | 40.55% |
Cashflow Statement
| Concept | 2010 | 2009 Q4 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $734.0M | $144.0M | $535.0M |
| YoY Change | 37.2% | 28.23% | 24.13% |
| Depreciation, Depletion And Amortization | $110.2M | $24.40M | $89.40M |
| YoY Change | 23.27% | 14.55% | 19.52% |
| Cash From Operating Activities | $764.7M | $237.5M | $672.3M |
| YoY Change | 13.74% | 23.12% | 56.46% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$185.5M | -$14.60M | -$76.60M |
| YoY Change | 142.17% | -36.8% | -54.78% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$261.4M | -$160.4M | -$318.1M |
| YoY Change | -17.82% | -10793.33% | -378.06% |
| Cash From Investing Activities | -$446.9M | -$175.1M | -$394.8M |
| YoY Change | 13.2% | 714.42% | 617.82% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 120.0M | 45.30M | 76.90M |
| YoY Change | 56.05% | 566.18% | 74.77% |
| NET CHANGE | |||
| Cash From Operating Activities | 764.7M | 237.5M | 672.3M |
| Cash From Investing Activities | -446.9M | -175.1M | -394.8M |
| Cash From Financing Activities | 120.0M | 45.30M | 76.90M |
| Net Change In Cash | 437.8M | 107.7M | 354.4M |
| YoY Change | 23.53% | -39.56% | -15.36% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $764.7M | $237.5M | $672.3M |
| Capital Expenditures | -$185.5M | -$14.60M | -$76.60M |
| Free Cash Flow | $950.2M | $252.1M | $748.9M |
| YoY Change | 26.88% | 16.71% | 25.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3278663000 | |
| CY2009 | us-gaap |
Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
|
2594210000 | |
| CY2008Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
455254000 | |
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
300781000 | |
| CY2008 | ctsh |
Business Acquisition Aggregate Consideration Amount
BusinessAcquisitionAggregateConsiderationAmount
|
24000000 | |
| CY2009 | ctsh |
Business Acquisition Aggregate Consideration Amount
BusinessAcquisitionAggregateConsiderationAmount
|
97300000 | |
| CY2010 | ctsh |
Business Acquisition Aggregate Consideration Amount
BusinessAcquisitionAggregateConsiderationAmount
|
46000000 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.82 | |
| CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.44 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.78 | |
| CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.37 | |
| CY2008Q4 | us-gaap |
Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile
|
7494000 | |
| CY2009Q4 | us-gaap |
Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile
|
9042000 | |
| CY2010Q4 | us-gaap |
Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile
|
12198000 | |
| CY2008 | us-gaap |
Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
|
2228355000 | |
| CY2009Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
481516000 | |
| CY2010Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
570448000 | |
| CY2008 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2816304000 | |
| CY2010 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
4592389000 | |
| CY2008 | us-gaap |
Segment Reporting Reconciling Items For Operating Profit Loss
SegmentReportingReconcilingItemsForOperatingProfitLoss
|
-461993000 | |
| CY2010 | us-gaap |
Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
|
3582719000 | |
| CY2009 | us-gaap |
Segment Reporting Reconciling Items For Operating Profit Loss
SegmentReportingReconcilingItemsForOperatingProfitLoss
|
-548088000 | |
| CY2010 | us-gaap |
Segment Reporting Reconciling Items For Operating Profit Loss
SegmentReportingReconcilingItemsForOperatingProfitLoss
|
-735604000 |
