01—Abstract
Summary
Summary of the 10-K/A filed February 28, 2011. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment (10-K/A) to Amazon.com Inc.'s 2010 Annual Report, specifically updating Item 15 in Part IV to include the Exhibit Index.
The core financial data and operational disclosures from the original January 28, 2011, 10-K filing remain unchanged and are for the fiscal year ended December 31, 2010. As a large accelerated filer, Amazon's market capitalization as of June 30, 2010, was approximately $39 billiona, with over 451 million shares outstanding as of January 19, 2011. Investors should note that this amendment does not introduce new financial information or reflect events post the original filing date.
The primary purpose is to ensure completeness of the filing by providing the exhibit list. The incorporated documents, including financial statements, executive certifications, and details on various stock plans and agreements, provide a comprehensive view of Amazon's corporate structure and governance as of the end of 2010.
02—Key points
Key Highlights
- Amendment to the 2010 10-K filing, focused solely on updating the Exhibit Index in Part IV.
- Original financial statements and operational data for the fiscal year ended December 31, 2010, are incorporated by reference and remain unchanged by this amendment.
- Amazon.com Inc. is classified as a large accelerated filer.
- Aggregate market value of voting stock held by non-affiliates as of June 30, 2010, was approximately $39 billion.
- Over 451 million shares of common stock were outstanding as of January 19, 2011.
- The filing includes certifications from CEO Jeffrey P. Bezos and CFO Thomas J. Szkutak, confirming compliance with disclosure requirements.
- The exhibit index lists various corporate documents, including incorporation papers, bylaws, stock plans, employment agreements, and subsidiary information.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2010, Amazon.com Inc kept $0.03.
- Revenue$34.20B100.0%
- Cost of revenue−$26.56B77.7%
- Gross profit$7.64B22.3%
- Operating costs−$6.24B18.2%
- Operating income$1.41B4.1%
- Interest, other & tax−$254.0M0.7%
- Net income$1.15B3.4%
Where FY2010 revenue went
$34.20B- Cost of revenue: $26.56B, 78% of revenue
- Operating costs: $6.24B, 18% of revenue
- Net income: $1.15B, 3.4% of revenue
- Interest, other & tax: $254.0M, 0.7% of revenue
Kept 3.4% as net incomeNet income $1.15B · 3.4%
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2010filed February 28, 2011Financial Statements
FY2010 against FY2009
| Line item | FY2010FY2009 | Change |
|---|---|---|
| Revenue | $34.20B$24.51B | +39.6% |
| Cost of Revenue | $26.56B$18.98B | +40.0% |
| Gross Profit | $7.64B$5.53B | +38.2% |
| Operating Expenses | $32.80B$4.40B | +645.1% |
| Operating Income | $1.41B$1.13B | +24.5% |
| Interest Expense | $39.00M$34.00M | +14.7% |
| Net Income | $1.15B$902.00M | +27.7% |
| EPS (Basic) | $0.13$0.10 | +24.0% |
| EPS (Diluted) | $0.13$0.10 | +24.0% |
| Shares Outstanding (Basic) | 8.94B8.66B | +3.2% |
| Shares Outstanding (Diluted) | 9.12B8.84B | +3.2% |
05—Questions
Frequently Asked Questions
What is the main purpose of this 10-K/A filing?
This filing is an amendment to Amazon's 2010 10-K report. Its sole purpose is to add the Exhibit Index to Part IV, which was missing from the original filing. No new financial information or operational updates are provided; the core content from the January 28, 2011, 10-K remains the same.
Does this amendment contain updated financial results for Amazon?
No, this amendment does not contain updated financial results. It explicitly states that it does not modify or update disclosures from the original 10-K and does not reflect events occurring after the original filing date. For the latest financial performance, investors should refer to subsequent filings.
What does it mean that Amazon is a 'large accelerated filer'?
Being a 'large accelerated filer' indicates that Amazon meets specific SEC criteria, including having a significant public float (market value of shares held by non-affiliates) of $700 million or more, being subject to SEC reporting requirements for at least 12 months, and having filed at least one annual report. This classification typically means the company is well-established and subject to more stringent reporting and disclosure rules.
What kind of documents are listed in the Exhibit Index?
The Exhibit Index lists essential corporate documents that are part of the filing. This includes Amazon's organizational documents (Certificate of Incorporation, Bylaws), various stock incentive and option plans for employees and officers, employment agreements, indemnification agreements for directors, executive certifications, and a list of significant subsidiaries. These documents provide insight into Amazon's corporate governance and compensation structures.
06—Continue