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, 2020 | June 28, 2019 | June 29, 2018 | June 30, 2017 | July 1, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||
| (in millions, except per share and employee data) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue, net | $ | 16,736 | $ | 16,569 | $ | 20,647 | $ | 19,093 | $ | 12,994 | |||||||||||||||||||||||||||||||||||||||||||
| Gross profit | 3,781 | 3,752 | 7,705 | 6,072 | 3,435 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Net income (loss) | (250) | (754) | 675 | 397 | 242 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 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) | 63,800 | 61,800 | 71,600 | 67,600 | 72,900 |
(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.
Previous: Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations