2014 Q4 Form 10-Q Financial Statement

#000082922415000006 Filed on January 27, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4
Revenue $4.803B $4.240B
YoY Change 13.29% 11.77%
Cost Of Revenue $1.991B $1.795B
YoY Change 10.92% 10.76%
Gross Profit $2.812B $2.445B
YoY Change 15.03% 12.52%
Gross Profit Margin 58.54% 57.66%
Selling, General & Admin $298.4M $242.6M
YoY Change 23.0% 4.61%
% of Gross Profit 10.61% 9.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $216.3M $180.1M
YoY Change 20.1% 14.86%
% of Gross Profit 7.69% 7.37%
Operating Expenses $633.8M $527.2M
YoY Change 20.22% 2.71%
Operating Profit $915.5M $813.5M
YoY Change 12.54% 29.0%
Interest Expense $16.30M $14.50M
YoY Change 12.41% 119.7%
% of Operating Profit 1.78% 1.78%
Other Income/Expense, Net
YoY Change
Pretax Income $1.300B $818.8M
YoY Change 58.71% 31.83%
Income Tax $315.0M $278.1M
% Of Pretax Income 24.24% 33.96%
Net Earnings $983.1M $540.7M
YoY Change 81.82% 25.1%
Net Earnings / Revenue 20.47% 12.75%
Basic Earnings Per Share $0.66 $0.72
Diluted Earnings Per Share $0.65 $0.35
COMMON SHARES
Basic Shares Outstanding 1.499B shares 754.9M shares
Diluted Shares Outstanding 1.517B shares 766.2M shares

Balance Sheet

Concept 2014 Q4 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.953B $1.703B
YoY Change 14.68% -30.77%
Cash & Equivalents $1.857B $1.546B
Short-Term Investments $96.00M $157.0M
Other Short-Term Assets $910.0M $523.0M
YoY Change 74.0% 32.74%
Inventory $1.018B $943.3M
Prepaid Expenses
Receivables $664.9M $589.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.546B $3.759B
YoY Change 20.93% -14.87%
LONG-TERM ASSETS
Property, Plant & Equipment $3.822B $3.233B
YoY Change 18.23% 19.25%
Goodwill $1.585B $862.6M
YoY Change 83.74% 115.54%
Intangibles $555.5M $276.1M
YoY Change 101.2% 88.34%
Long-Term Investments $628.0M $969.0M
YoY Change -35.19% 81.46%
Other Assets $382.2M $205.8M
YoY Change 85.71% -51.97%
Total Long-Term Assets $7.805B $6.496B
YoY Change 20.15% 59.44%
TOTAL ASSETS
Total Short-Term Assets $4.546B $3.759B
Total Long-Term Assets $7.805B $6.496B
Total Assets $12.35B $10.26B
YoY Change 20.44% 20.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $547.7M $444.2M
YoY Change 23.3% 16.65%
Accrued Expenses $1.562B $1.309B
YoY Change 19.29% 24.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.558B $2.953B
YoY Change 20.47% 23.51%
LONG-TERM LIABILITIES
Long-Term Debt $2.048B $2.048B
YoY Change 0.02% 272.62%
Other Long-Term Liabilities $587.4M $364.8M
YoY Change 61.02% -2.62%
Total Long-Term Liabilities $2.636B $2.413B
YoY Change 9.25% 161.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.558B $2.953B
Total Long-Term Liabilities $2.636B $2.413B
Total Liabilities $6.193B $5.366B
YoY Change 15.42% 61.86%
SHAREHOLDERS EQUITY
Retained Earnings $5.832B $4.474B
YoY Change 30.35% -12.57%
Common Stock $40.20M $344.5M
YoY Change -88.33% 759.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.775B $4.887B
YoY Change
Total Liabilities & Shareholders Equity $12.35B $10.26B
YoY Change 20.44% 20.79%

Cashflow Statement

Concept 2014 Q4 2013 Q4
OPERATING ACTIVITIES
Net Income $983.1M $540.7M
YoY Change 81.82% 25.1%
Depreciation, Depletion And Amortization $216.3M $180.1M
YoY Change 20.1% 14.86%
Cash From Operating Activities $1.425B -$1.402B
YoY Change -201.66% -231.35%
INVESTING ACTIVITIES
Capital Expenditures $291.8M $256.1M
YoY Change 13.94% 4.74%
Acquisitions $284.3M $0.00
YoY Change
Other Investing Activities -$1.800M $19.40M
YoY Change -109.28% 525.81%
Cash From Investing Activities -$522.5M -$193.3M
YoY Change 170.31% -773.52%
FINANCING ACTIVITIES
Cash Dividend Paid $239.5M $195.9M
YoY Change 22.26% 25.5%
Common Stock Issuance & Retirement, Net $150.9M -$23.10M
YoY Change -753.25% -107.08%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$668.3M $568.9M
YoY Change -217.47% -231.08%
NET CHANGE
Cash From Operating Activities $1.425B -$1.402B
Cash From Investing Activities -$522.5M -$193.3M
Cash From Financing Activities -$668.3M $568.9M
Net Change In Cash $234.4M -$1.026B
YoY Change -122.84% -255.03%
FREE CASH FLOW
Cash From Operating Activities $1.425B -$1.402B
Capital Expenditures $291.8M $256.1M
Free Cash Flow $1.133B -$1.658B
YoY Change -168.36% -301.51%

Facts In Submission

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CY2014Q4 dei Amendment Flag
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CY2014Q4 dei Current Fiscal Year End Date
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--09-27
CY2014Q4 dei Document Fiscal Period Focus
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Q1
CY2014Q4 dei Document Fiscal Year Focus
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2015
CY2014Q4 dei Document Period End Date
DocumentPeriodEndDate
2014-12-28
CY2014Q4 dei Document Type
DocumentType
10-Q
CY2014Q4 dei Entity Central Index Key
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0000829224
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
749800000 shares
CY2014Q4 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q4 dei Entity Registrant Name
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STARBUCKS CORP
CY2014Q4 dei Trading Symbol
TradingSymbol
SBUX
CY2014Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
73500000000 JPY

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