$NTAP
NetApp, Inc.

2014 Q1 Form 10-Q Financial Statement

#000119312514069692 Filed on February 26, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $1.610B $1.630B
YoY Change -1.23% 4.13%
Cost Of Revenue $607.7M $665.2M
YoY Change -8.64% 1.25%
Gross Profit $1.002B $964.9M
YoY Change 3.88% 6.21%
Gross Profit Margin 62.25% 59.19%
Selling, General & Admin $545.3M $559.7M
YoY Change -2.57% 3.61%
% of Gross Profit 54.4% 58.01%
Research & Development $230.3M $215.6M
YoY Change 6.82% 3.5%
% of Gross Profit 22.98% 22.34%
Depreciation & Amortization $83.60M $86.40M
YoY Change -3.24% 17.39%
% of Gross Profit 8.34% 8.95%
Operating Expenses $775.6M $777.0M
YoY Change -0.18% 3.32%
Operating Profit $226.7M $187.9M
YoY Change 20.65% 20.06%
Interest Expense $6.700M $24.00M
YoY Change -72.08% 26.98%
% of Operating Profit 2.96% 12.77%
Other Income/Expense, Net $2.900M -$12.10M
YoY Change -123.97% 26.04%
Pretax Income $229.6M $175.8M
YoY Change 30.6% 19.67%
Income Tax $37.50M $17.70M
% Of Pretax Income 16.33% 10.07%
Net Earnings $192.1M $158.1M
YoY Change 21.51% 32.19%
Net Earnings / Revenue 11.93% 9.7%
Basic Earnings Per Share $0.57 $0.44
Diluted Earnings Per Share $0.55 $0.43
COMMON SHARES
Basic Shares Outstanding 339.4M 359.5M shares
Diluted Shares Outstanding 346.2M 364.7M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.069B $6.724B
YoY Change -24.61% 38.18%
Cash & Equivalents $2.153B $3.082B
Short-Term Investments $2.917B $3.642B
Other Short-Term Assets $457.6M $518.0M
YoY Change -11.66% 12.12%
Inventory $118.2M $172.9M
Prepaid Expenses
Receivables $584.3M $633.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.229B $8.049B
YoY Change -22.6% 30.49%
LONG-TERM ASSETS
Property, Plant & Equipment $1.129B $1.189B
YoY Change -5.1% 9.91%
Goodwill $988.1M $978.1M
YoY Change 1.02%
Intangibles
YoY Change
Long-Term Investments $40.00M $42.00M
YoY Change -4.76% -17.65%
Other Assets $518.4M $456.2M
YoY Change 13.63% 27.43%
Total Long-Term Assets $2.771B $2.817B
YoY Change -1.64% 6.15%
TOTAL ASSETS
Total Short-Term Assets $6.229B $8.049B
Total Long-Term Assets $2.771B $2.817B
Total Assets $9.001B $10.87B
YoY Change -17.17% 23.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $186.6M $221.2M
YoY Change -15.64% 0.55%
Accrued Expenses $297.0M $280.0M
YoY Change 6.07% 4.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $1.243B
YoY Change -100.0%
Total Short-Term Liabilities $2.424B $3.621B
YoY Change -33.06% 67.79%
LONG-TERM LIABILITIES
Long-Term Debt $995.2M $994.3M
YoY Change 0.09% -16.38%
Other Long-Term Liabilities $272.7M $226.9M
YoY Change 20.19% -84.18%
Total Long-Term Liabilities $1.268B $1.221B
YoY Change 3.82% -53.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.424B $3.621B
Total Long-Term Liabilities $1.268B $1.221B
Total Liabilities $5.085B $6.241B
YoY Change -18.53% 30.56%
SHAREHOLDERS EQUITY
Retained Earnings $0.00 $2.850B
YoY Change -100.0%
Common Stock $3.909B $4.694B
YoY Change -16.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $2.927B
YoY Change -100.0%
Treasury Stock Shares 104.3M shares
Shareholders Equity $3.916B $4.625B
YoY Change
Total Liabilities & Shareholders Equity $9.001B $10.87B
YoY Change -17.17% 23.17%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $192.1M $158.1M
YoY Change 21.51% 32.19%
Depreciation, Depletion And Amortization $83.60M $86.40M
YoY Change -3.24% 17.39%
Cash From Operating Activities $331.8M $365.1M
YoY Change -9.12% 35.62%
INVESTING ACTIVITIES
Capital Expenditures -$57.90M -$110.7M
YoY Change -47.7% 21.25%
Acquisitions
YoY Change
Other Investing Activities $89.80M $21.50M
YoY Change 317.67% -133.81%
Cash From Investing Activities $31.90M -$89.20M
YoY Change -135.76% -42.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -467.4M 985.0M
YoY Change -147.45% 2013.73%
NET CHANGE
Cash From Operating Activities 331.8M 365.1M
Cash From Investing Activities 31.90M -89.20M
Cash From Financing Activities -467.4M 985.0M
Net Change In Cash -103.7M 1.261B
YoY Change -108.22% 683.65%
FREE CASH FLOW
Cash From Operating Activities $331.8M $365.1M
Capital Expenditures -$57.90M -$110.7M
Free Cash Flow $389.7M $475.8M
YoY Change -18.1% 31.98%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q2 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Inception To Date Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDatePercent
0.07 pure
CY2014Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
117100000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
750000000
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
995200000
CY2014Q1 us-gaap Liabilities
Liabilities
5084700000
CY2014Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
218000000
CY2014Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
374000000
CY2014Q1 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
37300000
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
161000000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
300000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
4000000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
91000000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
400000
CY2013Q2 us-gaap Accelerated Share Repurchases Settlement Payment Or Receipt
AcceleratedShareRepurchasesSettlementPaymentOrReceipt
750000000
CY2013Q2 ntap Number Of Shares Received From Counterparties For Convertible Note Hedges
NumberOfSharesReceivedFromCounterpartiesForConvertibleNoteHedges
3900000 shares
CY2013Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
41.12
CY2013Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
39900000 shares
CY2012Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
111800000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46500000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities Noncurrent
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilitiesNoncurrent
8700000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
500000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
22000000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
100200000
CY2014Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1393000000
CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets
900000
CY2013Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
40.97
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
116000000
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
39500000
CY2013Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
116800000
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
42200000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3081700000
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
333200000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
10700000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.79
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15100000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
33.67
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
31.86
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
14600000 shares
CY2014Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
135800000
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2014Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
79800000
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2423800000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
6700000
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
207800000
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
296900000
CY2014Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
995200000
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1115700000
CY2014Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
14800000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
216100000
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
186600000
CY2014Q1 us-gaap Restructuring Reserve
RestructuringReserve
600000
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
272700000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
3915900000
CY2014Q1 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
7900000
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3908900000
CY2014Q1 us-gaap Deferred Revenue
DeferredRevenue
2959300000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0
CY2014Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
6900000
CY2014Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1566300000
CY2014Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1000000000
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
250000000
CY2014Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
148600000
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2200000
CY2014Q1 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
2916600000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9000600000
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
518400000
CY2014Q1 us-gaap Goodwill
Goodwill
988100000
CY2014Q1 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
40400000
CY2014Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3142800000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1155400000
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
584300000
CY2014Q1 us-gaap Inventory Net
InventoryNet
118200000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
40400000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
57800000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1759100000
CY2014Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
99300000
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2244300000
CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
40400000
CY2014Q1 us-gaap Cash
Cash
1989800000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6700000
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
247000000
CY2014Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
18900000
CY2014Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
162900000
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
0
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
14700000
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1128600000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3300000
CY2014Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
253700000
CY2014Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
224300000
CY2014Q1 us-gaap Assets
Assets
9000600000
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
173000000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2152700000
CY2014Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
119900000
CY2014Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
136100000
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
145900000
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
176600000
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
457600000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
53600000
CY2014Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
449300000
CY2014Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2957000000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1750100000
CY2014Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
3152400000
CY2014Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
5121300000
CY2014Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4800000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
41900000
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
297100000
CY2014Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
210600000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1157500000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
2947400000
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
460900000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.27
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8700000
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
348000000
CY2013Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
994600000
CY2013Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
968400000
CY2013Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
10800000
CY2014Q1 us-gaap Assets Current
AssetsCurrent
6229400000
CY2014Q1 ntap Maximum Potential Future Payments Relating To Financing Guarantees Net Of Associated Deferred Revenue
MaximumPotentialFuturePaymentsRelatingToFinancingGuaranteesNetOfAssociatedDeferredRevenue
14200000
CY2014Q1 ntap Accrued Liability For Quantities In Excess Of Future Demand Forecasts With Contract Manufacturers
AccruedLiabilityForQuantitiesInExcessOfFutureDemandForecastsWithContractManufacturers
15400000
CY2014Q1 ntap Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
11800000
CY2014Q1 ntap Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
2200000
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
331275224 shares
CY2012Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
83100000
CY2012Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
51000000
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1549800000
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
19200000 shares
CY2013Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
41.28
CY2013Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
104300000 shares
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
39700000 shares
CY2013Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1446200000
CY2013Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1257800000
CY2013Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
81600000
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3830600000
CY2013Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
259700000
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
253500000
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
4717500000
CY2013Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
5600000
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4738900000
CY2013Q2 us-gaap Deferred Revenue
DeferredRevenue
3009500000
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2896800000
CY2013Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
5200000
CY2013Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1563300000
CY2013Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
2264900000
CY2013Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4200000
CY2013Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
117200000
CY2013Q2 us-gaap Long Term Debt
LongTermDebt
2252400000
CY2013Q2 us-gaap Liabilities
Liabilities
6524900000
CY2013Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
182400000
CY2013Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
401800000
CY2013Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
35600000
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
198600000
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
500000
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11242400000
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
484600000
CY2013Q2 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
3675500000
CY2013Q2 us-gaap Goodwill
Goodwill
988100000
CY2013Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
42000000
CY2013Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
5375100000
CY2013Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
800900000
CY2013Q2 us-gaap Inventory Net
InventoryNet
139500000
CY2013Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
123200000
CY2013Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2139300000
CY2013Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
42000000
CY2013Q2 us-gaap Cash
Cash
1634700000
CY2013Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
253700000
CY2013Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
16300000
CY2013Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1642400000
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2927400000
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1170900000
CY2013Q2 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
242200000
CY2013Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
200400000
CY2013Q2 us-gaap Assets
Assets
11242400000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3277100000
CY2013Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
162500000
CY2013Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
180600000
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
525200000
CY2013Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
5388200000
CY2013Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
7006100000
CY2013Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
12500000
CY2013Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
379200000
CY2013Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
271500000
CY2013Q2 us-gaap Assets Current
AssetsCurrent
8418200000
CY2013Q2 ntap Maximum Potential Future Payments Relating To Financing Guarantees Net Of Associated Deferred Revenue
MaximumPotentialFuturePaymentsRelatingToFinancingGuaranteesNetOfAssociatedDeferredRevenue
13800000
CY2013Q2 ntap Note Hedge Exercise Price
NoteHedgeExercisePrice
31.85
CY2013Q2 ntap Accrued Liability For Quantities In Excess Of Future Demand Forecasts With Contract Manufacturers
AccruedLiabilityForQuantitiesInExcessOfFutureDemandForecastsWithContractManufacturers
9500000
CY2013Q2 ntap Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
16400000
CY2013Q2 ntap Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
3300000
CY2012Q4 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
89800000
CY2012Q4 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
1200000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
368100000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
930700000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5100000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
500000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.122 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.54
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
362500000 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
10000000
us-gaap Sales Revenue Net
SalesRevenueNet
4615900000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
239700000
us-gaap Payments Of Dividends
PaymentsOfDividends
0
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
35400000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
74300000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
59300000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
44000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
0
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
33900000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1548300000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
30400000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2954500000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
89400000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5900000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
53000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-700000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
994900000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
377700000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-193100000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-500000
us-gaap Investment Income Net
InvestmentIncomeNet
32100000
us-gaap Interest Paid Net
InterestPaidNet
22600000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-100000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
335200000
us-gaap Gross Profit
GrossProfit
2728900000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-49600000
us-gaap Operating Income Loss
OperatingIncomeLoss
403400000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
4700000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
410000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-25700000
us-gaap Net Income Loss
NetIncomeLoss
331500000
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-700000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11400000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3700000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-1800000
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
62600000
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
1200000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1752400000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1442000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
725100000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
198400000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
44000000
us-gaap Cost Of Services
CostOfServices
424100000
us-gaap Share Based Compensation
ShareBasedCompensation
211500000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
255500000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1531900000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1464600000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-122000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
500000
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
1700000
us-gaap Operating Expenses
OperatingExpenses
2325500000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-16000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46200000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1900000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
40600000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1200000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
62700000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
-200000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
30800000
us-gaap Interest Expense
InterestExpense
63700000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
15500000
us-gaap Cost Of Revenue
CostOfRevenue
1887000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
35300000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
987300000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-57900000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
53000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
64300000
us-gaap Restructuring Charges
RestructuringCharges
0
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
660800000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
800000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
95500000
ntap Cost Of Software Entitlements And Maintenance
CostOfSoftwareEntitlementsAndMaintenance
20900000
ntap Increase Decrease In Employee Related Liabilities And Other Current Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilitiesAndOtherCurrentLiabilities
-35100000
ntap Software Entitlements And Maintenance
SoftwareEntitlementsAndMaintenance
666500000
dei Trading Symbol
TradingSymbol
NTAP
dei Entity Registrant Name
EntityRegistrantName
NetApp, Inc.
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-01-24
dei Entity Central Index Key
EntityCentralIndexKey
0001002047
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--04-25
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Basis Of Accounting
BasisOfAccounting
<div> <p style="margin-top:12px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b>2.&#xA0;&#xA0;Condensed Consolidated Financial Statements</b></font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:2%" align="justify"><font style="font-family:Times New Roman" size="2"><i>Fiscal Year</i>&#xA0;&#x2014; Our fiscal year is reported on a 52- or 53-week year ending on the last Friday in April. Every quarter of fiscal 2014 and 2013 was a 13-week period.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:2%" align="justify"><font style="font-family:Times New Roman" size="2"><i>Basis of Presentation</i> &#x2014; The accompanying unaudited condensed consolidated financial statements have been prepared by the Company, and reflect all adjustments, consisting only of normal recurring adjustments, that are, in the opinion of management, necessary for the fair presentation of our financial position, results of operations, comprehensive income and cash flows for the interim periods presented. The statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, these statements do not include all information and footnotes required by GAAP for annual consolidated financial statements, and should be read in conjunction with our audited consolidated financial statements as of and for the fiscal year ended April&#xA0;26, 2013 contained in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on June&#xA0;17, 2013. The results of operations for the three and nine months ended January&#xA0;24, 2014 are not necessarily indicative of the operating results to be expected for the full fiscal year or future operating periods.</font></p> </div>
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="margin-top:12px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b>1.&#xA0;&#xA0;The Company</b></font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:2%" align="justify"><font style="font-family:Times New Roman" size="2">Headquartered in Sunnyvale, California, NetApp, Inc. (we, us, or the Company) is a supplier of enterprise storage and data management software and hardware products and services. Our solutions help global enterprises meet information technology challenges such as managing storage growth, assuring secure and timely information access, protecting data and controlling costs by providing innovative solutions that simplify the complexity associated with managing corporate data.</font></p> </div>
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M13D
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
351700000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
300000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
0.15 pure
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
38.28
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
980100000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
700000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.143 pure
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
40.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.88
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y6M15D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5700000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
42.04
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
37600000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6500000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
81300000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:12px;margin-bottom:0px; text-indent:2%" align="justify"><font style="font-family:Times New Roman" size="2"><i>Use of Estimates</i> &#x2014; The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates include, but are not limited to, revenue recognition, reserves and allowances; inventory valuation and purchase order accruals; valuation of goodwill and intangibles; restructuring reserves; product warranties; employee benefit accruals; stock-based compensation; loss contingencies; investment impairments; income taxes and fair value measurements. Actual results could differ materially from those estimates.</font></p> </div>
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.91
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2700000 shares
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
343700000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1100000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y9M7D
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
104300000 shares
us-gaap Payments For Restructuring
PaymentsForRestructuring
48900000
us-gaap Sales Revenue Net
SalesRevenueNet
4676100000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
165400000
us-gaap Payments Of Dividends
PaymentsOfDividends
153100000
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
22500000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
59400000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-78300000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
36000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
3000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2600000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
39500000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
701300000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25700000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2901100000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6900000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1264900000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
33400000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-700000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1087700000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
514100000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-213400000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-700000
us-gaap Investment Income Net
InvestmentIncomeNet
26400000
us-gaap Interest Paid Net
InterestPaidNet
35000000
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1800000
us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
20900000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
900000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
438500000
us-gaap Gross Profit
GrossProfit
2877100000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
700000
us-gaap Operating Income Loss
OperatingIncomeLoss
510500000
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
1499200000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2400000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2100000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1507000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3600000
us-gaap Net Income Loss
NetIncomeLoss
440500000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-21300000
us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
7100000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-2000000
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-100000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1464000000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1323900000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2707300000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4500000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
207300000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9200000
us-gaap Cost Of Services
CostOfServices
452400000
us-gaap Share Based Compensation
ShareBasedCompensation
205800000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1507000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
252000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1124400000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1423200000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
599900000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1100000
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
0
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-7500000
us-gaap Operating Expenses
OperatingExpenses
2366600000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-69800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73600000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2900000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
59500000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1200000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-27000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
-300000
us-gaap Interest Expense
InterestExpense
29700000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1100000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
15900000
us-gaap Cost Of Revenue
CostOfRevenue
1799000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
147700000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-30900000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
33400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
44500000
us-gaap Restructuring Charges
RestructuringCharges
49500000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
686600000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
11400000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
191800000
ntap Cost Of Software Entitlements And Maintenance
CostOfSoftwareEntitlementsAndMaintenance
22700000
ntap Increase Decrease In Employee Related Liabilities And Other Current Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilitiesAndOtherCurrentLiabilities
-94500000
ntap Software Entitlements And Maintenance
SoftwareEntitlementsAndMaintenance
687300000
CY2013Q2 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
31800000 shares
CY2013Q2 us-gaap Accelerated Share Repurchases Final Price Paid Per Share
AcceleratedShareRepurchasesFinalPricePaidPerShare
39.13
CY2013Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
19200000 shares
CY2013Q4 ntap Number Of Warrants Exercised
NumberOfWarrantsExercised
31900000 shares
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
364700000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5100000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
100000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.53
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15000000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
359500000 shares
CY2013Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
5000000
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1630100000
CY2013Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
23500000
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
14500000
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
0
CY2013Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1060700000
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1600000
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-700000
CY2013Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
340800000
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
175800000
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
0
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
67300000
CY2013Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
493500000
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-100000
CY2013Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
1700000
CY2014Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1610000000
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1900000
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12100000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
158100000
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
400000
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-2700000
CY2013Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
512500000
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
66200000
CY2013Q1 us-gaap Cost Of Services
CostOfServices
145400000
CY2013Q1 us-gaap Investment Income Net
InvestmentIncomeNet
10300000
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
1500000
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
158500000
CY2013Q1 us-gaap Gross Profit
GrossProfit
964900000
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
187900000
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
777000000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17700000
CY2013Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
18500000
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-3100000
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
0
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15000000
CY2013Q1 us-gaap Interest Expense
InterestExpense
24000000
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-300000
CY2013Q1 us-gaap Cost Of Revenue
CostOfRevenue
665200000
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
15800000
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21400000
CY2013Q1 us-gaap Restructuring Charges
RestructuringCharges
0
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
215600000
CY2013Q1 ntap Cost Of Software Entitlements And Maintenance
CostOfSoftwareEntitlementsAndMaintenance
7300000
CY2013Q1 ntap Software Entitlements And Maintenance
SoftwareEntitlementsAndMaintenance
228600000
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
346200000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6800000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.34
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5700000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
339400000 shares
CY2014Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
21100000
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
10600000
CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
0
CY2014Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1015000000
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1700000
CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
0
CY2014Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
368000000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
229600000
CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-900000
CY2014Q1 us-gaap Investment Income Net
InvestmentIncomeNet
7900000
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-2700000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
192500000
CY2014Q1 us-gaap Gross Profit
GrossProfit
1002300000
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
226700000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1600000
CY2014Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2900000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
192100000
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
400000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
1500000
CY2014Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
450700000
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
69400000
CY2014Q1 us-gaap Cost Of Services
CostOfServices
149300000
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
71900000
CY2014Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
475900000
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0
CY2014Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
0
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
775600000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37500000
CY2014Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
20000000
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
200000
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
-100000
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
20900000
CY2014Q1 us-gaap Interest Expense
InterestExpense
6700000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-100000
CY2014Q1 us-gaap Cost Of Revenue
CostOfRevenue
607700000
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
34500000
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14700000
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
0
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
230300000
CY2014Q1 ntap Cost Of Software Entitlements And Maintenance
CostOfSoftwareEntitlementsAndMaintenance
7700000
CY2014Q1 ntap Software Entitlements And Maintenance
SoftwareEntitlementsAndMaintenance
227000000

Files In Submission

Name View Source Status
0001193125-14-069692-index-headers.html Edgar Link pending
0001193125-14-069692-index.html Edgar Link pending
0001193125-14-069692.txt Edgar Link pending
0001193125-14-069692-xbrl.zip Edgar Link pending
d652683d10q.htm Edgar Link pending
d652683dex311.htm Edgar Link pending
d652683dex312.htm Edgar Link pending
d652683dex321.htm Edgar Link pending
d652683dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ntap-20140124.xml Edgar Link completed
ntap-20140124.xsd Edgar Link pending
ntap-20140124_cal.xml Edgar Link unprocessable
ntap-20140124_def.xml Edgar Link unprocessable
ntap-20140124_lab.xml Edgar Link unprocessable
ntap-20140124_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending