2014 Q1 Form 10-Q Financial Statement

#000071251514000009 Filed on February 04, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2012 Q4
Revenue $1.123B $808.0M $922.0M
YoY Change -7.11% -12.36% -13.1%
Cost Of Revenue $223.0M $517.0M $429.0M
YoY Change -27.83% 20.51% -22.28%
Gross Profit $900.0M $291.0M $493.0M
YoY Change 0.0% -40.97% -3.14%
Gross Profit Margin 80.14% 36.01% 53.47%
Selling, General & Admin $260.0M $305.0M $290.0M
YoY Change -18.24% 5.17% -20.98%
% of Gross Profit 28.89% 104.81% 58.82%
Research & Development $289.0M $275.0M $278.0M
YoY Change 9.89% -1.08% -14.46%
% of Gross Profit 32.11% 94.5% 56.39%
Depreciation & Amortization $57.00M $33.00M $30.00M
YoY Change -33.72% 10.0% 30.43%
% of Gross Profit 6.33% 11.34% 6.09%
Operating Expenses $553.0M $583.0M $532.0M
YoY Change -6.27% 9.59% -23.12%
Operating Profit $344.0M -$292.0M -$39.00M
YoY Change 11.33% 648.72% -78.69%
Interest Expense -$7.000M -$8.000M $7.000M
YoY Change -133.33% -214.29% 0.0%
% of Operating Profit -2.03%
Other Income/Expense, Net -$6.000M -$8.000M
YoY Change -25.0% -20.0%
Pretax Income $337.0M -$298.0M -$33.00M
YoY Change 2.12% 803.03% -82.9%
Income Tax -$30.00M $10.00M $12.00M
% Of Pretax Income -8.9%
Net Earnings $367.0M -$308.0M -$45.00M
YoY Change 13.62% 584.44% -78.05%
Net Earnings / Revenue 32.68% -38.12% -4.88%
Basic Earnings Per Share $1.18 -$1.00 -$0.15
Diluted Earnings Per Share $1.15 -$1.00 -$0.15
COMMON SHARES
Basic Shares Outstanding 309.6M shares 309.0M shares 304.0M shares
Diluted Shares Outstanding 309.0M shares

Balance Sheet

Concept 2014 Q1 2013 Q4 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.365B $2.070B $1.492B
YoY Change 40.77% 38.74% -16.69%
Cash & Equivalents $1.782B $1.746B $1.158B
Short-Term Investments $583.0M $324.0M $334.0M
Other Short-Term Assets $316.0M $219.0M $229.0M
YoY Change 32.22% -4.37% -45.48%
Inventory $56.00M $55.00M $59.00M
Prepaid Expenses
Receivables $327.0M $526.0M $382.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.138B $2.921B $2.229B
YoY Change 34.97% 31.05% -20.56%
LONG-TERM ASSETS
Property, Plant & Equipment $510.0M $518.0M $550.0M
YoY Change -6.93% -5.82% 0.55%
Goodwill $1.723B $1.725B $1.724B
YoY Change 0.12% 0.06%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $140.0M $167.0M $185.0M
YoY Change -17.65% -9.73% -17.78%
Total Long-Term Assets $2.578B $2.652B $2.810B
YoY Change -6.08% -5.62% -2.77%
TOTAL ASSETS
Total Short-Term Assets $3.138B $2.921B $2.229B
Total Long-Term Assets $2.578B $2.652B $2.810B
Total Assets $5.716B $5.573B $5.039B
YoY Change 12.74% 10.6% -11.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $119.0M $137.0M $93.00M
YoY Change -12.5% 47.31% -16.96%
Accrued Expenses $781.0M $823.0M $840.0M
YoY Change 5.97% -2.02% 8.95%
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 $2.390B $2.659B $2.146B
YoY Change 24.67% 23.9% -10.47%
LONG-TERM LIABILITIES
Long-Term Debt $580.0M $575.0M $554.0M
YoY Change 3.76% 3.79% 3.75%
Other Long-Term Liabilities $117.0M $124.0M $168.0M
YoY Change -3.31% -26.19% -59.81%
Total Long-Term Liabilities $117.0M $124.0M $168.0M
YoY Change -3.31% -26.19% -82.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.390B $2.659B $2.146B
Total Long-Term Liabilities $117.0M $124.0M $168.0M
Total Liabilities $3.294B $3.569B $3.081B
YoY Change 17.52% 15.84% -10.2%
SHAREHOLDERS EQUITY
Retained Earnings $29.00M -$338.0M -$302.0M
YoY Change 38.1% 11.92%
Common Stock $2.356B $2.290B $2.141B
YoY Change 8.22% 6.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.422B $2.004B $1.958B
YoY Change
Total Liabilities & Shareholders Equity $5.716B $5.573B $5.039B
YoY Change 12.74% 10.6% -11.53%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2012 Q4
OPERATING ACTIVITIES
Net Income $367.0M -$308.0M -$45.00M
YoY Change 13.62% 584.44% -78.05%
Depreciation, Depletion And Amortization $57.00M $33.00M $30.00M
YoY Change -33.72% 10.0% 30.43%
Cash From Operating Activities $281.0M $685.0M $363.0M
YoY Change 20.6% 88.71% -23.58%
INVESTING ACTIVITIES
Capital Expenditures -$16.00M -$28.00M -$25.00M
YoY Change -36.0% 12.0% -43.18%
Acquisitions
YoY Change
Other Investing Activities -$260.0M $2.000M $102.0M
YoY Change 319.35% -98.04% -245.71%
Cash From Investing Activities -$276.0M -$26.00M $77.00M
YoY Change 217.24% -133.77% -167.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 39.00M 1.000M -158.0M
YoY Change 1850.0% -100.63% 338.89%
NET CHANGE
Cash From Operating Activities 281.0M 685.0M 363.0M
Cash From Investing Activities -276.0M -26.00M 77.00M
Cash From Financing Activities 39.00M 1.000M -158.0M
Net Change In Cash 44.00M 660.0M 282.0M
YoY Change -70.27% 134.04% -13.23%
FREE CASH FLOW
Cash From Operating Activities $281.0M $685.0M $363.0M
Capital Expenditures -$16.00M -$28.00M -$25.00M
Free Cash Flow $297.0M $713.0M $388.0M
YoY Change 15.12% 83.76% -25.24%

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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;The adoption will impact our balance sheet only, and we expect to adopt this new standard in the first quarter of fiscal year 2015. While we have not completed our analysis, we anticipate the adoption will result in equal reductions to both deferred tax assets and noncurrent income tax obligations between </font><font style="font-family:inherit;font-size:10pt;">$50 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$100 million</font><font style="font-family:inherit;font-size:10pt;">.</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 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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;">590</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;">70</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;">253</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;">5</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;">258</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
51000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
19000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
25000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
331000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
404000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1318000000 USD
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1279000000 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
548000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
518000000 USD
CY2013Q4 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5000000 USD
CY2013Q4 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
694000000 USD
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
836000000 USD
CY2012Q4 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
278000000 USD
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
866000000 USD
CY2013Q4 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
275000000 USD
us-gaap Restructuring Charges
RestructuringCharges
-2000000 USD
CY2013 us-gaap Restructuring Charges
RestructuringCharges
27000000 USD
CY2012Q1 us-gaap Restructuring Reserve
RestructuringReserve
78000000 USD
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
56000000 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
CY2013 us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
-7000000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
21000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-338000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
2452000000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
808000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
2588000000 USD
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
922000000 USD
dei Document Type
DocumentType
10-Q
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
525000000 USD
CY2013Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
214000000 USD
CY2012Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
220000000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
590000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
122000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
111000000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4727000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
38.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
976000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
48.48
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1010000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10000000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7802000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5910000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.17
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.72
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
10000000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
5663000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
36.16
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.95
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26.21
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
2004000000 USD
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M7D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M28D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y7M13D
ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
39
CY2012Q4 ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
13
ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
39
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
304000000 shares
CY2013Q4 ea Accrued Contingent Consideration
AccruedContingentConsideration
2000000 USD
CY2013Q4 ea Current And Prior Years Fiscal Quarter Period
CurrentAndPriorYearsFiscalQuarterPeriod
13
CY2013Q4 ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
1000000 USD
ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
3000000 USD
ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
3000000 USD
CY2012Q4 ea Debt Instrument Convertible Coupon Interest Expense
DebtInstrumentConvertibleCouponInterestExpense
1000000 USD
CY2013Q4 ea Deferred Net Revenue Other Current
DeferredNetRevenueOtherCurrent
135000000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
2267000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
309000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
26000000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
12000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
5000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
111000000 USD
CY2013Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1523000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
313000000 shares
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
309000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307000000 shares
CY2013Q4 ea Amount Of Potential Cash Payments That Could Result From Unrecognized Tax Benefits
AmountOfPotentialCashPaymentsThatCouldResultFromUnrecognizedTaxBenefits
265000000 USD
ea Average Weighted Average Discount Rate
AverageWeightedAverageDiscountRate
0.17
CY2013 ea Average Weighted Average Discount Rate
AverageWeightedAverageDiscountRate
0.13
CY2013Q4 ea Cashdepositstooffsetuncertaintaxliabilities
Cashdepositstooffsetuncertaintaxliabilities
46000000 USD
CY2013Q4 ea Cost Of Revenue Product
CostOfRevenueProduct
438000000 USD
ea Cost Of Revenue Product
CostOfRevenueProduct
909000000 USD
ea Cost Of Revenue Product
CostOfRevenueProduct
866000000 USD
CY2012Q4 ea Cost Of Revenue Product
CostOfRevenueProduct
363000000 USD
CY2012Q4 ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
66000000 USD
ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
215000000 USD
ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
213000000 USD
CY2013Q4 ea Cost Of Revenue Service Other
CostOfRevenueServiceOther
79000000 USD
CY2013 ea Current And Prior Years Fiscal Period
CurrentAndPriorYearsFiscalPeriod
52
CY2014 ea Current And Prior Years Fiscal Period
CurrentAndPriorYearsFiscalPeriod
52
CY2013Q1 ea Deferred Net Revenue Other Current
DeferredNetRevenueOtherCurrent
79000000 USD
CY2013Q4 ea Deferrednetrevenueonlineenabledgamescurrent
Deferrednetrevenueonlineenabledgamescurrent
1699000000 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
165000000 USD
ea Increase Decrease In Deferred Net Revenue Packaged Goods And Digital Content
IncreaseDecreaseInDeferredNetRevenuePackagedGoodsAndDigitalContent
655000000 USD
CY2013Q4 ea Other Comprehensive Income Reclassification Adjustment For Sale And Or Write Down Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleAndOrWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax
0 USD
ea Other Comprehensive Income Reclassification Adjustment For Sale And Or Write Down Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleAndOrWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax
0 USD
ea Other Comprehensive Income Reclassification Adjustment For Sale And Or Write Down Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleAndOrWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax
-15000000 USD
CY2012Q4 ea Other Comprehensive Income Reclassification Adjustment For Sale And Or Write Down Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleAndOrWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax
-15000000 USD
ea Payments Of Acquisition Contingent Consideration
PaymentsOfAcquisitionContingentConsideration
-28000000 USD
ea Payments Of Acquisition Contingent Consideration
PaymentsOfAcquisitionContingentConsideration
-1000000 USD
ea Realized Gain Loss On Investments And Property Plant And Equipment
RealizedGainLossOnInvestmentsAndPropertyPlantAndEquipment
12000000 USD
ea Realized Gain Loss On Investments And Property Plant And Equipment
RealizedGainLossOnInvestmentsAndPropertyPlantAndEquipment
-1000000 USD
ea Realized Gains Losses On Strategic Investments
RealizedGainsLossesOnStrategicInvestments
14000000 USD
CY2013Q4 ea Realized Gains Losses On Strategic Investments
RealizedGainsLossesOnStrategicInvestments
0 USD
ea Realized Gains Losses On Strategic Investments
RealizedGainsLossesOnStrategicInvestments
0 USD
CY2012Q4 ea Realized Gains Losses On Strategic Investments
RealizedGainsLossesOnStrategicInvestments
14000000 USD
CY2013Q4 ea Recorded Unconditional Purchase Obligation Balance Sheet Amount Five Years After Fiscal Year End
RecordedUnconditionalPurchaseObligationBalanceSheetAmountFiveYearsAfterFiscalYearEnd
1000000 USD
CY2013Q4 ea Recordedunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
1000000 USD
CY2013Q4 ea Recordedunconditionalpurchaseobligationbalancesheetamountoneyearafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamountoneyearafterfiscalyearend
13000000 USD
CY2013Q4 ea Recordedunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
Recordedunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
1000000 USD
CY2013Q4 ea Recordedunconditionalpurchaseobligationbalancesheetamountthereafter
Recordedunconditionalpurchaseobligationbalancesheetamountthereafter
0 USD
CY2013Q4 ea Recordedunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
666000000 USD
CY2013Q4 ea Recordedunconditionalpurchaseobligationbalancesheetamounttwoyearsafterfiscalyearend
Recordedunconditionalpurchaseobligationbalancesheetamounttwoyearsafterfiscalyearend
12000000 USD
CY2013Q4 ea Restructuring And Other Charges
RestructuringAndOtherCharges
-1000000 USD
ea Restructuring And Other Charges
RestructuringAndOtherCharges
-2000000 USD
ea Restructuring And Other Charges
RestructuringAndOtherCharges
27000000 USD
CY2012Q4 ea Restructuring And Other Charges
RestructuringAndOtherCharges
2000000 USD
CY2013Q4 ea Royalty Related Assets Current And Noncurrent
RoyaltyRelatedAssetsCurrentAndNoncurrent
122000000 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
-27000000 USD
ea Royalty Related Loss And Or Impairment Charges On Unrecognized Minimum Royalty Based Commitments And Long Lived Assets Respectively
RoyaltyRelatedLossAndOrImpairmentChargesOnUnrecognizedMinimumRoyaltyBasedCommitmentsAndLongLivedAssetsRespectively
-15000000 USD
CY2013Q4 ea Sales Revenue Product Net
SalesRevenueProductNet
485000000 USD
ea Sales Revenue Product Net
SalesRevenueProductNet
1378000000 USD
ea Sales Revenue Product Net
SalesRevenueProductNet
1886000000 USD
CY2012Q4 ea Sales Revenue Product Net
SalesRevenueProductNet
703000000 USD
CY2012Q4 ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
219000000 USD
ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
702000000 USD
ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
1074000000 USD
CY2013Q4 ea Sales Revenue Service Other Net
SalesRevenueServiceOtherNet
323000000 USD
CY2013Q4 ea Totalunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
Totalunconditionalpurchaseobligationbalancesheetamountfouryearsafterfiscalyearend
131000000 USD
CY2013Q4 ea Totalunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
Totalunconditionalpurchaseobligationbalancesheetamountremainingforcurrentfiscalyear
37000000 USD
CY2013Q4 ea Totalunconditionalpurchaseobligationbalancesheetamountthereafter
Totalunconditionalpurchaseobligationbalancesheetamountthereafter
491000000 USD
CY2013Q4 ea Totalunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
Totalunconditionalpurchaseobligationbalancesheetamountthreeyearsafterfiscalyearend
812000000 USD
CY2013Q4 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
3000000 USD
CY2013Q4 ea Total Unconditional Purchase Obligation Balance Sheet Amount Two Years After Fiscal Year End
TotalUnconditionalPurchaseObligationBalanceSheetAmountTwoYearsAfterFiscalYearEnd
365000000 USD
CY2013Q4 ea Total Unconditional Purchaseobligationbalancesheetamountoneyearafterfiscalyearend
TotalUnconditionalPurchaseobligationbalancesheetamountoneyearafterfiscalyearend
284000000 USD
CY2013Q4 ea Totalunconditionalpurchaseobligationbalancesheetamount
Totalunconditionalpurchaseobligationbalancesheetamount
2217000000 USD
ea Supplemental Gains Losses Unrealized Securities Net Of Taxes
SupplementalGainsLossesUnrealizedSecuritiesNetOfTaxes
0 USD
ea Supplemental Gains Losses Unrealized Securities Net Of Taxes
SupplementalGainsLossesUnrealizedSecuritiesNetOfTaxes
-34000000 USD
CY2013Q4 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
184000000 USD
CY2013Q4 ea Total Unconditional Purchase Obligation Balance Sheet Amount Five Years After Fiscal Year End
TotalUnconditionalPurchaseObligationBalanceSheetAmountFiveYearsAfterFiscalYearEnd
97000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Five Years After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountFiveYearsAfterFiscalYearEnd
96000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Four Years After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountFourYearsAfterFiscalYearEnd
130000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount One Year After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountOneYearAfterFiscalYearEnd
271000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Remaining For Current Fiscal Year
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountRemainingForCurrentFiscalYear
36000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Thereafter
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountThereafter
491000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Three Years After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountThreeYearsAfterFiscalYearEnd
146000000 USD
CY2013Q4 ea Unrecorded Unconditional Purchase Obligation Balance Sheet Amount Two Years After Fiscal Year End
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmountTwoYearsAfterFiscalYearEnd
353000000 USD
dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
dei Entity Central Index Key
EntityCentralIndexKey
0000712515
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
309590213 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
0000712515-14-000009-index-headers.html Edgar Link pending
0000712515-14-000009-index.html Edgar Link pending
0000712515-14-000009.txt Edgar Link pending
0000712515-14-000009-xbrl.zip Edgar Link pending
ea-20131231.xml Edgar Link completed
ea-20131231.xsd Edgar Link pending
ea-20131231_cal.xml Edgar Link unprocessable
ea-20131231_def.xml Edgar Link unprocessable
ea-20131231_lab.xml Edgar Link unprocessable
ea-20131231_pre.xml Edgar Link unprocessable
ea12312013-q3fy1410qdoc.htm Edgar Link pending
ex-151awarenessletter123113.htm Edgar Link pending
ex-311sec302ceocert123113.htm Edgar Link pending
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