2008 Form 10-K Financial Statement
#000119312511046932 Filed on February 25, 2011
Income Statement
| Concept | 2008 |
|---|---|
| Revenue | $5.437B |
| YoY Change | -3.2% |
| Cost Of Revenue | $226.0M |
| YoY Change | -63.72% |
| Gross Profit | $5.211B |
| YoY Change | 4.35% |
| Gross Profit Margin | 95.84% |
| Selling, General & Admin | $2.754B |
| YoY Change | -2.24% |
| % of Gross Profit | 52.85% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $152.0M |
| YoY Change | -2.56% |
| % of Gross Profit | 2.92% |
| Operating Expenses | $3.139B |
| YoY Change | -0.06% |
| Operating Profit | $2.072B |
| YoY Change | 11.82% |
| Interest Expense | $0.00 |
| YoY Change | |
| % of Operating Profit | 0.0% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $2.028B |
| YoY Change | 9.44% |
| Income Tax | $798.0M |
| % Of Pretax Income | 39.35% |
| Net Earnings | $1.212B |
| YoY Change | -49.65% |
| Net Earnings / Revenue | 22.29% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $1.048M |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding | 1.157B shares |
Balance Sheet
| Concept | 2008 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $5.442B |
| YoY Change | -19.54% |
| Cash & Equivalents | $5.442B |
| Short-Term Investments | |
| Other Short-Term Assets | $66.00M |
| YoY Change | 24.53% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $8.104B |
| Other Receivables | $92.00M |
| Total Short-Term Assets | $13.70B |
| YoY Change | -30.98% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $661.0M |
| YoY Change | 7.13% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $15.36B |
| YoY Change | 86.34% |
| Other Assets | $15.19B |
| YoY Change | 67.68% |
| Total Long-Term Assets | $37.97B |
| YoY Change | 69.29% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $13.70B |
| Total Long-Term Assets | $37.97B |
| Total Assets | $51.68B |
| YoY Change | 22.2% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $21.36B |
| YoY Change | -3.85% |
| Accrued Expenses | $1.534B |
| YoY Change | -5.37% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $23.84B |
| YoY Change | 72.49% |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $46.73B |
| YoY Change | 24.1% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $883.0M |
| YoY Change | -1.78% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $883.0M |
| YoY Change | -1.78% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $46.73B |
| Total Long-Term Liabilities | $883.0M |
| Total Liabilities | $47.61B |
| YoY Change | 23.5% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $4.061B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $51.68B |
| YoY Change | 22.2% |
Cashflow Statement
| Concept | 2008 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $1.212B |
| YoY Change | -49.65% |
| Depreciation, Depletion And Amortization | $152.0M |
| YoY Change | -2.56% |
| Cash From Operating Activities | $2.000M |
| YoY Change | -99.89% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$188.0M |
| YoY Change | 11.9% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$10.71B |
| YoY Change | -2102.43% |
| Cash From Investing Activities | -$10.90B |
| YoY Change | -3070.3% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 9.577B |
| YoY Change | 6550.69% |
| NET CHANGE | |
| Cash From Operating Activities | 2.000M |
| Cash From Investing Activities | -10.90B |
| Cash From Financing Activities | 9.577B |
| Net Change In Cash | -1.322B |
| YoY Change | -158.57% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $2.000M |
| Capital Expenditures | -$188.0M |
| Free Cash Flow | $190.0M |
| YoY Change | -90.07% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2008 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1157000000 | shares |
| CY2008 | schw |
Net Other Than Temporary Impairments
NetOtherThanTemporaryImpairments
|
44000000 | |
| CY2009Q1 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
17 | pure |
| CY2009Q1 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
12 | pure |
| CY2010Q1 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
40 | pure |
| CY2010Q1 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
36 | pure |
| CY2009Q2 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
21 | pure |
| CY2009Q2 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
17 | pure |
| CY2010Q2 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
41 | pure |
| CY2010Q2 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
30 | pure |
| CY2009Q3 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
24 | pure |
| CY2009Q3 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
20 | pure |
| CY2010Q3 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
38 | pure |
| CY2010Q3 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
31 | pure |
| CY2009Q4 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
29 | pure |
| CY2009Q4 | schw |
Securities With Unrealized Losses Total Fair Value
SecuritiesWithUnrealizedLossesTotalFairValue
|
10859000000 | |
| CY2009Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss
|
50000000 | |
| CY2009Q4 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
25 | pure |
| CY2009Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss
|
519000000 | |
| CY2010Q4 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
47 | pure |
| CY2010Q4 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
38 | pure |
| CY2009Q4 | schw |
Securities With Unrealized Losses Total Unrealized Loss
SecuritiesWithUnrealizedLossesTotalUnrealizedLoss
|
569000000 | |
| CY2010Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
320000000 | |
| CY2010Q4 | us-gaap |
Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
|
337000000 | |
| CY2010Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
53000000 | |
| CY2010Q4 | us-gaap |
Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
|
8778000000 | |
| CY2010Q4 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
1000000 | |
| CY2010Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
9009000000 | |
| CY2010Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
1207000000 | |
| CY2010Q4 | schw |
Securities With Unrealized Losses Total Fair Value
SecuritiesWithUnrealizedLossesTotalFairValue
|
10216000000 | |
| CY2010Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss
|
143000000 | |
| CY2010Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss
|
234000000 | |
| CY2010Q4 | schw |
Securities With Unrealized Losses Total Unrealized Loss
SecuritiesWithUnrealizedLossesTotalUnrealizedLoss
|
377000000 | |
| CY2009 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
-4000000 | |
| CY2009 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
787000000 | |
| CY2009 | us-gaap |
Noninterest Expense
NoninterestExpense
|
2917000000 | |
| CY2009 | us-gaap |
Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
|
3000000 | |
| CY2009 | us-gaap |
Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
|
2000000 | |
| CY2009 | us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
7000000 | |
| CY2009 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1160000000 | shares |
| CY2009 | schw |
Net Other Than Temporary Impairments
NetOtherThanTemporaryImpairments
|
60000000 | |
| CY2010 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.027 | pure |
| CY2010 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
454000000 | |
| CY2010 | us-gaap |
Noninterest Expense
NoninterestExpense
|
3469000000 | |
| CY2010 | us-gaap |
Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
|
3000000 | |
| CY2010 | us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
4000000 | |
| CY2010Q4 | schw |
Stock Price Lower Limit During Period
StockPriceLowerLimitDuringPeriod
|
13.98 | |
| CY2007Q4 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
1000000 | |
| CY2008Q4 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
4000000 | |
| CY2009Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
327000000 | |
| CY2009Q4 | us-gaap |
Fair Value Assets Measured On Recurring Basis Cash And Cash Equivalents
FairValueAssetsMeasuredOnRecurringBasisCashAndCashEquivalents
|
2648000000 | |
| CY2009Q4 | us-gaap |
Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
|
916000000 | |
| CY2009Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
45000000 | |
| CY2009Q4 | us-gaap |
Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
|
7393000000 | |
| CY2010 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1194000000 | shares |
| CY2010 | schw |
Net Other Than Temporary Impairments
NetOtherThanTemporaryImpairments
|
36000000 | |
| CY2008 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
-31000000 | |
| CY2008 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1212000000 | |
| CY2008 | us-gaap |
Noninterest Expense
NoninterestExpense
|
3122000000 | |
| CY2008 | us-gaap |
Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
|
13000000 | |
| CY2008 | us-gaap |
Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
|
1000000 | |
| CY2009Q4 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
2000000 | |
| CY2009Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
7095000000 | |
| CY2009Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
3764000000 | |
| CY2008 | us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
11000000 |
