Summary
This filing is an amendment (10-K/A) to Corning Incorporated's 2013 Annual Report, specifically addressing the omission of three exhibits: Form of Officer Severance Agreement, Form of Officer Change in Control Agreement, and Subsidiaries of the Registrant. The amendment does not alter the previously reported financial statements or other disclosures from the original filing on February 10, 2014. Investors should note that this filing is administrative in nature and does not introduce new financial performance information or strategic updates for the fiscal year 2013. The company's status as a large accelerated filer and well-known seasoned issuer is reiterated. For investors seeking substantive information, this amendment highlights the company's commitment to corporate governance through the inclusion of standard officer agreements and transparency regarding its corporate structure via the subsidiary list. While no new financial data is presented, the filing confirms the completeness of the previous 10-K filing regarding these specific exhibits.
Financial Highlights
54 data points| Revenue | $7.82B |
| Cost of Revenue | $4.50B |
| Gross Profit | $3.32B |
| R&D Expenses | $613.00M |
| SG&A Expenses | $1.13B |
| Operating Income | $1.37B |
| Net Income | $1.96B |
| EPS (Basic) | $1.35 |
| EPS (Diluted) | $1.34 |
| Shares Outstanding (Basic) | 1.45B |
| Shares Outstanding (Diluted) | 1.46B |
Key Highlights
- 1Amendment No. 1 to the Form 10-K for the fiscal year ended December 31, 2013, filed to include inadvertently omitted exhibits.
- 2Key omitted exhibits include: Form of Officer Severance Agreement, Form of Officer Change in Control Agreement, and a list of Subsidiaries.
- 3This amendment is administrative and does not revise or update the financial statements or other disclosures from the original Form 10-K filed on February 10, 2014.
- 4Corning Incorporated is classified as a large accelerated filer and a well-known seasoned issuer.
- 5The aggregate market value of common stock held by non-affiliates was approximately $21 billion as of June 28, 2013.
- 6As of January 31, 2014, there were 1,392,124,762 shares of common stock issued and outstanding.
- 7New certifications from the principal executive officer and principal financial officer are included as required by Rule 12b-15.