A Dark Vector Cognition product

Item 6. Selected Financial Data

5K characters. Original on sec.gov ·

Item 6. Selected Financial Data

Financial Highlights

This selected consolidated financial data should be read together with the Consolidated Financial Statements and related Notes contained in this Annual Report on Form 10-K, as well as the section of this Annual Report on Form 10-K entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

July 3, 2020June 28, 2019June 29, 2018June 30, 2017July 1, 2016
(in millions, except per share and employee data)
Revenue, net$16,736$16,569$20,647$19,093$12,994
Gross profit3,7813,7527,7056,0723,435
Net income (loss)(250)(754)675397242
Income (loss) per common share:
Basic$(0.84)$(2.58)$2.27$1.38$1.01
Diluted$(0.84)$(2.58)$2.20$1.34$1.00
Cash dividends declared per common share$1.50$2.00$2.00$2.00$2.00
Working capital$4,642$4,660$6,182$6,712$5,635
Total assets$25,662$26,370$29,235$29,860$32,862
Long-term debt$9,289$10,246$10,993$12,918$13,660
Shareholders’ equity$9,551$9,967$11,531$11,418$11,145
Number of employees (1)63,80061,80071,60067,60072,900

(1) Excludes temporary employees and contractors.

Results for Kazan Networks, Inc., Tegile Systems, Inc., Upthere, Inc., and SanDisk Corporation, which were acquired on September 10, 2019, September 15, 2017, August 25, 2017 and May 12, 2016, respectively, are included in our operating results only after their respective dates of acquisition.

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