2013 Q3 Form 10-Q Financial Statement

#000071251513000042 Filed on November 05, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $695.0M $711.0M
YoY Change -2.25% -0.56%
Cost Of Revenue $413.0M $445.0M
YoY Change -7.19% 3.01%
Gross Profit $282.0M $266.0M
YoY Change 6.02% -6.01%
Gross Profit Margin 40.58% 37.41%
Selling, General & Admin $293.0M $319.0M
YoY Change -8.15% 2.9%
% of Gross Profit 103.9% 119.92%
Research & Development $283.0M $306.0M
YoY Change -7.52% -3.77%
% of Gross Profit 100.35% 115.04%
Depreciation & Amortization $32.00M $29.00M
YoY Change 10.34% 11.54%
% of Gross Profit 11.35% 10.9%
Operating Expenses $534.0M $630.0M
YoY Change -15.24% -4.11%
Operating Profit -$252.0M -$364.0M
YoY Change -30.77% -2.67%
Interest Expense -$8.000M $7.000M
YoY Change -214.29% -216.67%
% of Operating Profit
Other Income/Expense, Net -$8.000M -$4.000M
YoY Change 100.0% -33.33%
Pretax Income -$260.0M -$368.0M
YoY Change -29.35% -3.16%
Income Tax $13.00M $13.00M
% Of Pretax Income
Net Earnings -$273.0M -$381.0M
YoY Change -28.35% 12.06%
Net Earnings / Revenue -39.28% -53.59%
Basic Earnings Per Share -$0.89 -$1.21
Diluted Earnings Per Share -$0.89 -$1.21
COMMON SHARES
Basic Shares Outstanding 308.0M shares 316.0M shares
Diluted Shares Outstanding 308.0M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.418B $1.315B
YoY Change 7.83% -12.27%
Cash & Equivalents $1.090B $871.0M
Short-Term Investments $328.0M $444.0M
Other Short-Term Assets $219.0M $239.0M
YoY Change -8.37% -42.69%
Inventory $58.00M $71.00M
Prepaid Expenses
Receivables $594.0M $643.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.340B $2.332B
YoY Change 0.34% -9.19%
LONG-TERM ASSETS
Property, Plant & Equipment $532.0M $561.0M
YoY Change -5.17% 5.45%
Goodwill $1.726B $1.723B
YoY Change 0.17%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $174.0M $192.0M
YoY Change -9.38% -12.33%
Total Long-Term Assets $2.696B $2.859B
YoY Change -5.7% -0.28%
TOTAL ASSETS
Total Short-Term Assets $2.340B $2.332B
Total Long-Term Assets $2.696B $2.859B
Total Assets $5.036B $5.191B
YoY Change -2.99% -4.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $208.0M $219.0M
YoY Change -5.02% 2.82%
Accrued Expenses $708.0M $874.0M
YoY Change -18.99% 23.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.851B $2.046B
YoY Change -9.53% 10.36%
LONG-TERM LIABILITIES
Long-Term Debt $570.0M $549.0M
YoY Change 3.83% 3.78%
Other Long-Term Liabilities $121.0M $231.0M
YoY Change -47.62% -46.03%
Total Long-Term Liabilities $121.0M $231.0M
YoY Change -47.62% -75.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.851B $2.046B
Total Long-Term Liabilities $121.0M $231.0M
Total Liabilities $2.750B $3.037B
YoY Change -9.45% 4.91%
SHAREHOLDERS EQUITY
Retained Earnings -$30.00M -$257.0M
YoY Change -88.33%
Common Stock $2.254B $2.262B
YoY Change -0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.286B $2.154B
YoY Change
Total Liabilities & Shareholders Equity $5.036B $5.191B
YoY Change -2.99% -4.49%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$273.0M -$381.0M
YoY Change -28.35% 12.06%
Depreciation, Depletion And Amortization $32.00M $29.00M
YoY Change 10.34% 11.54%
Cash From Operating Activities -$6.000M -$28.00M
YoY Change -78.57% -86.73%
INVESTING ACTIVITIES
Capital Expenditures -$24.00M -$25.00M
YoY Change -4.0% -51.92%
Acquisitions
YoY Change
Other Investing Activities $27.00M $107.0M
YoY Change -74.77% -123.31%
Cash From Investing Activities $3.000M $82.00M
YoY Change -96.34% -116.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.00M -117.0M
YoY Change -123.93% -123.45%
NET CHANGE
Cash From Operating Activities -6.000M -28.00M
Cash From Investing Activities 3.000M 82.00M
Cash From Financing Activities 28.00M -117.0M
Net Change In Cash 25.00M -63.00M
YoY Change -139.68% -71.75%
FREE CASH FLOW
Cash From Operating Activities -$6.000M -$28.00M
Capital Expenditures -$24.00M -$25.00M
Free Cash Flow $18.00M -$3.000M
YoY Change -700.0% -98.11%

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Impact of Recently Issued Accounting Standards</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2013, the FASB issued ASU 2013-11, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes (Topic 220): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists</font><font style="font-family:inherit;font-size:10pt;">. The amendments of this ASU require that entities that have an unrecognized tax benefit and a net operating loss carryforward or similar tax loss or tax credit carryforward in the same jurisdiction as the uncertain tax position present the unrecognized tax benefit as a reduction of the deferred tax asset for the loss or tax credit carryforward rather than as a liability when the uncertain tax position would reduce the loss or tax credit carryforward under the tax law.&#160;The disclosure requirements will be effective for annual periods (and interim periods within those annual periods) beginning after December 15, 2013, and will require prospective application. Early adoption is permitted.&#160;We expect to adopt this new standard in the first quarter of fiscal year 2015.&#160;While not yet quantified, we anticipate the adoption may have a material impact on the balance sheet only, resulting in equal reductions to both deferred tax assets and noncurrent income tax obligations.</font></div></div>
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the fourth quarter of fiscal year 2013, we reviewed our operating expenses and reclassified certain amounts, primarily headcount and facilities costs, to align with our current operating structure. As a result, we also reclassified the related prior year amounts within our Condensed Consolidated Statements of Operations for comparability purposes. These reclassifications did not affect the Company&#8217;s consolidated net revenue, gross profit, operating income, or net income. 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style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Research and development</font></div></td><td 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clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">370</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font 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style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">185</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">188</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
18000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
50000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
280000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
250000000 USD
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1311000000 USD
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1279000000 USD
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
532000000 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
548000000 USD
CY2013Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2000000 USD
CY2013Q3 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
713000000 USD
CY2012Q3 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
306000000 USD
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
561000000 USD
CY2013Q3 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
283000000 USD
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
588000000 USD
CY2013 us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
-7000000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
21000000 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-30000000 USD
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SalesRevenueNet
711000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1666000000 USD
CY2013 us-gaap Restructuring Charges
RestructuringCharges
27000000 USD
us-gaap Restructuring Charges
RestructuringCharges
-1000000 USD
CY2012Q1 us-gaap Restructuring Reserve
RestructuringReserve
78000000 USD
CY2013Q3 us-gaap Restructuring Reserve
RestructuringReserve
58000000 USD
CY2013Q1 us-gaap Restructuring Reserve
RestructuringReserve
62000000 USD
us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
0 USD
us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
7000000 USD
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SalesRevenueNet
695000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1644000000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
311000000 USD
CY2012Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
219000000 USD
CY2013Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
164000000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
370000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
71000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
83000000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5204000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
39.46
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
537000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
45.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
7000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
17000000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5450000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7802000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.17
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.41
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
17000000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
5430000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
38.49
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.98
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
21.02
CY2013Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
14000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y7M28D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y10M5D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y10M
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1822000 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
12700000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
179000000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
2267000000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
2286000000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
304000000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
25000000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
7000000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
9000000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
110000000 USD
ea Average Weighted Average Discount Rate
AverageWeightedAverageDiscountRate
0.16
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
308000000 shares
CY2013Q3 ea Accrued Contingent Consideration
AccruedContingentConsideration
2000000 USD
CY2013 ea Average Weighted Average Discount Rate
AverageWeightedAverageDiscountRate
0.13
CY2013Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1615000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
306000000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
316000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
317000000 shares
CY2013Q3 ea Amount Of Potential Cash Payments That Could Result From Unrecognized Tax Benefits
AmountOfPotentialCashPaymentsThatCouldResultFromUnrecognizedTaxBenefits
263000000 USD
CY2013Q3 ea Cashdepositstooffsetuncertaintaxliabilities
Cashdepositstooffsetuncertaintaxliabilities
46000000 USD
CY2012Q3 ea Cost Of Revenue Product
CostOfRevenueProduct
371000000 USD
ea Cost Of Revenue Product
CostOfRevenueProduct
471000000 USD
ea Cost Of Revenue Product
CostOfRevenueProduct
503000000 USD
CY2013Q3 ea Cost Of Revenue Product
CostOfRevenueProduct
341000000 USD
ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
136000000 USD
CY2013Q3 ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
72000000 USD
CY2012Q3 ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
74000000 USD
ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
147000000 USD
CY2013 ea Current And Prior Years Fiscal Period
CurrentAndPriorYearsFiscalPeriod
52
CY2014 ea Current And Prior Years Fiscal Period
CurrentAndPriorYearsFiscalPeriod
52
CY2012Q3 ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
13
ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
26
CY2013Q3 ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
13
ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
26
ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
2000000 USD
CY2012Q3 ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
1000000 USD
ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
2000000 USD
CY2013Q3 ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
1000000 USD
CY2013Q1 ea Deferred Net Revenue Other Current
DeferredNetRevenueOtherCurrent
79000000 USD
CY2013Q3 ea Deferred Net Revenue Other Current
DeferredNetRevenueOtherCurrent
82000000 USD
CY2013Q3 ea Deferrednetrevenueonlineenabledgamescurrent
Deferrednetrevenueonlineenabledgamescurrent
935000000 USD
CY2013Q1 ea Deferrednetrevenueonlineenabledgamescurrent
Deferrednetrevenueonlineenabledgamescurrent
1044000000 USD
ea Entity Wide Revenue By Major Customer Percent Of Revenue Did Not Exceed Ten Percent
EntityWideRevenueByMajorCustomerPercentOfRevenueDidNotExceedTenPercent
0.10
ea Foreign Currency Forward And Option Contracts Maximum Maturity Period
ForeignCurrencyForwardAndOptionContractsMaximumMaturityPeriod
P12M
ea Foreign Currency Forward Contracts Maximum Maturity Period
ForeignCurrencyForwardContractsMaximumMaturityPeriod
P3M
ea Increase Decrease In Deferred Net Revenue Packaged Goods And Digital Content
IncreaseDecreaseInDeferredNetRevenuePackagedGoodsAndDigitalContent
-95000000 USD
ea Increase Decrease In Deferred Net Revenue Packaged Goods And Digital Content
IncreaseDecreaseInDeferredNetRevenuePackagedGoodsAndDigitalContent
-109000000 USD
ea Payments Of Acquisition Contingent Consideration
PaymentsOfAcquisitionContingentConsideration
-26000000 USD
ea Payments Of Acquisition Contingent Consideration
PaymentsOfAcquisitionContingentConsideration
-1000000 USD
CY2013Q3 ea Recorded Unconditional Purchase Obligation Balance Sheet Amount Five Years After Fiscal Year End
RecordedUnconditionalPurchaseObligationBalanceSheetAmountFiveYearsAfterFiscalYearEnd
1000000 USD
CY2013Q3 ea Recordedunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
1000000 USD
CY2013Q3 ea Recordedunconditionalpurchaseobligationbalancesheetamountoneyearafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamountoneyearafterfiscalyearend
13000000 USD
CY2013Q3 ea Recordedunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
Recordedunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
18000000 USD
CY2013Q3 ea Recordedunconditionalpurchaseobligationbalancesheetamountthereafter
Recordedunconditionalpurchaseobligationbalancesheetamountthereafter
0 USD
CY2013Q3 ea Recordedunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
668000000 USD
CY2013Q3 ea Recordedunconditionalpurchaseobligationbalancesheetamounttwoyearsafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamounttwoyearsafterfiscalyearend
12000000 USD
ea Restructuring And Other Charges
RestructuringAndOtherCharges
25000000 USD
CY2013Q3 ea Restructuring And Other Charges
RestructuringAndOtherCharges
-2000000 USD
CY2012Q3 ea Restructuring And Other Charges
RestructuringAndOtherCharges
-2000000 USD
ea Restructuring And Other Charges
RestructuringAndOtherCharges
-1000000 USD
CY2013Q3 ea Royalty Related Assets Current And Noncurrent
RoyaltyRelatedAssetsCurrentAndNoncurrent
153000000 USD
CY2013Q1 ea Royalty Related Assets Current And Noncurrent
RoyaltyRelatedAssetsCurrentAndNoncurrent
156000000 USD
ea Royalty Related Loss And Or Impairment Charges On Unrecognized Minimum Royalty Based Commitments And Long Lived Assets Respectively
RoyaltyRelatedLossAndOrImpairmentChargesOnUnrecognizedMinimumRoyaltyBasedCommitmentsAndLongLivedAssetsRespectively
-18000000 USD
CY2012Q3 ea Royalty Related Loss And Or Impairment Charges On Unrecognized Minimum Royalty Based Commitments And Long Lived Assets Respectively
RoyaltyRelatedLossAndOrImpairmentChargesOnUnrecognizedMinimumRoyaltyBasedCommitmentsAndLongLivedAssetsRespectively
-9000000 USD
CY2013Q3 ea Royalty Related Loss And Or Impairment Charges On Unrecognized Minimum Royalty Based Commitments And Long Lived Assets Respectively
RoyaltyRelatedLossAndOrImpairmentChargesOnUnrecognizedMinimumRoyaltyBasedCommitmentsAndLongLivedAssetsRespectively
-10000000 USD
ea Royalty Related Loss And Or Impairment Charges On Unrecognized Minimum Royalty Based Commitments And Long Lived Assets Respectively
RoyaltyRelatedLossAndOrImpairmentChargesOnUnrecognizedMinimumRoyaltyBasedCommitmentsAndLongLivedAssetsRespectively
-27000000 USD
CY2012Q3 ea Sales Revenue Product Net
SalesRevenueProductNet
481000000 USD
CY2013Q3 ea Sales Revenue Product Net
SalesRevenueProductNet
350000000 USD
ea Sales Revenue Product Net
SalesRevenueProductNet
893000000 USD
ea Sales Revenue Product Net
SalesRevenueProductNet
1183000000 USD
CY2012Q3 ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
230000000 USD
CY2013Q3 ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
345000000 USD
ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
483000000 USD
ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
751000000 USD
ea Supplemental Gains Losses Unrealized Securities Net Of Taxes
SupplementalGainsLossesUnrealizedSecuritiesNetOfTaxes
0 USD
ea Supplemental Gains Losses Unrealized Securities Net Of Taxes
SupplementalGainsLossesUnrealizedSecuritiesNetOfTaxes
-25000000 USD
CY2013Q3 ea Total Amount Of Unrecognized Tax Benefits That If Recognized Would Result In Adjustments To Deferred Tax Assets With Corresponding Adjustments To Valuation Allowance
TotalAmountOfUnrecognizedTaxBenefitsThatIfRecognizedWouldResultInAdjustmentsToDeferredTaxAssetsWithCorrespondingAdjustmentsToValuationAllowance
181000000 USD
CY2013Q3 ea Total Unconditional Purchase Obligation Balance Sheet Amount Five Years After Fiscal Year End
TotalUnconditionalPurchaseObligationBalanceSheetAmountFiveYearsAfterFiscalYearEnd
93000000 USD
CY2013Q3 ea Total Unconditional Purchase Obligation Balance Sheet Amount Two Years After Fiscal Year End
TotalUnconditionalPurchaseObligationBalanceSheetAmountTwoYearsAfterFiscalYearEnd
359000000 USD
CY2013Q3 ea Total Unconditional Purchaseobligationbalancesheetamountoneyearafterfiscalyearend
TotalUnconditionalPurchaseobligationbalancesheetamountoneyearafterfiscalyearend
287000000 USD
CY2013Q3 ea Totalunconditionalpurchaseobligationbalancesheetamount
Totalunconditionalpurchaseobligationbalancesheetamount
2328000000 USD
CY2013Q3 ea Totalunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
Totalunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
127000000 USD
CY2013Q3 ea Totalunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
Totalunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
164000000 USD
CY2013Q3 ea Totalunconditionalpurchaseobligationbalancesheetamountthereafter
Totalunconditionalpurchaseobligationbalancesheetamountthereafter
489000000 USD
CY2013Q3 ea Totalunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
Totalunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
809000000 USD
CY2013Q3 ea Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Increase Decrease
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedIncreaseDecrease
1000000 USD
ea Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Increase Decrease
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedIncreaseDecrease
2000000 USD
CY2013Q3 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Five Years After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountFiveYearsAfterFiscalYearEnd
92000000 USD
CY2013Q3 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Four Years After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountFourYearsAfterFiscalYearEnd
126000000 USD
CY2013Q3 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount One Year After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountOneYearAfterFiscalYearEnd
274000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000712515
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
309122532 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
ELECTRONIC ARTS INC.
dei Trading Symbol
TradingSymbol
EA

Files In Submission

Name View Source Status
0000712515-13-000042-index-headers.html Edgar Link pending
0000712515-13-000042-index.html Edgar Link pending
0000712515-13-000042.txt Edgar Link pending
0000712515-13-000042-xbrl.zip Edgar Link pending
dicelogo.jpg Edgar Link pending
ea-20130930.xml Edgar Link completed
ea-20130930.xsd Edgar Link pending
ea-20130930_cal.xml Edgar Link unprocessable
ea-20130930_def.xml Edgar Link unprocessable
ea-20130930_lab.xml Edgar Link unprocessable
ea-20130930_pre.xml Edgar Link unprocessable
ea09302013-q2fy1410qdoc.htm Edgar Link pending
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