Summary
Fortinet, Inc. is filing an amendment (10-K/A) to its Annual Report on Form 10-K for the fiscal year ended December 31, 2011, primarily to furnish Interactive Data as required by SEC regulations. This amendment does not introduce new substantive financial information or updates to the original disclosures made in the Form 10-K filed on February 28, 2012. Investors should refer to the original Form 10-K for comprehensive financial statements, management's discussion and analysis, and risk factors pertinent to the 2011 fiscal year. As of the reporting period, Fortinet was a well-known seasoned issuer, an accelerated filer, and not a shell company, indicating a mature public company with established reporting practices. The market capitalization of non-affiliates as of June 30, 2011, was significant at over $2.9 billion, suggesting substantial investor interest and a substantial float. The company's common stock is listed on the NASDAQ Global Select Market.
Financial Highlights
51 data points| Revenue | $433.58M |
| Cost of Revenue | $113.60M |
| Gross Profit | $319.98M |
| R&D Expenses | $63.58M |
| Operating Expenses | $231.07M |
| Operating Income | $88.90M |
| Net Income | $62.49M |
| EPS (Basic) | $0.08 |
| EPS (Diluted) | $0.08 |
| Shares Outstanding (Basic) | 762.90M |
| Shares Outstanding (Diluted) | 818.90M |
Key Highlights
- 1This filing is an amendment (10-K/A) to the original Form 10-K for the fiscal year ended December 31, 2011, for the sole purpose of filing Interactive Data (Exhibit 101).
- 2No substantive changes or updates to the original financial statements or disclosures from the February 28, 2012, Form 10-K are presented in this amendment.
- 3Fortinet is classified as a 'well-known seasoned issuer' and an 'accelerated filer', indicating its status as a large, established public company with a history of SEC filings.
- 4The aggregate market value of non-affiliate common stock held was approximately $2.98 billion as of June 30, 2011.
- 5The company had 156,363,007 shares of common stock outstanding as of February 17, 2012.
- 6Fortinet's common stock is traded on the NASDAQ Global Select Market.