01—Abstract
Summary
Summary of the 10-Q/A filed August 13, 2010. Cited figures are marked; the original filing is the authoritative source.
The Charles Schwab Corporation filed an amendment (10-Q/A) to its Quarterly Report on Form 10-Q for the period ended June 30, 2010.
This amendment primarily serves to provide interactive data files as required by SEC regulations. Importantly, the filing states that no other changes or updates have been made to the original Form 10-Q filed on August 5, 2010. Investors should refer to the original 10-Q for the substantive financial and operational details of the quarter.
02—Key points
Key Highlights
- Amendment No. 1 to Form 10-Q filed for the quarter ending June 30, 2010.
- The purpose of the amendment is to furnish interactive data files (Exhibit 101).
- No substantive financial or operational changes were made to the original Form 10-Q filing.
- The original Form 10-Q was filed on August 5, 2010.
- The company is a large accelerated filer.
- As of July 23, 2010, there were 1,193,865,665 shares of common stock outstanding.
- New exhibits include a restated Corporate Executive Bonus Plan and a 364-Day Credit Agreement.
03—One dollar
04—Financials
Financial Highlights
Figures from 10-Q/AQ2 FY2010filed August 13, 2010Financial Statements
Q2 FY2010 against Q2 FY2009
| Line item | Q2 FY2010Q2 FY2009 | Change |
|---|---|---|
| Revenue | $1.08B$1.08B | −0.5% |
| Interest Expense | $45.00M$59.00M | −23.7% |
| Net Income | $205.00M$205.00M | 0.0% |
| EPS (Basic) | $0.17$0.18 | −5.6% |
| EPS (Diluted) | $0.17$0.18 | −5.6% |
| Shares Outstanding (Basic) | 1.19B1.16B | +3.0% |
| Shares Outstanding (Diluted) | 1.20B1.16B | +3.0% |
05—Questions
Frequently Asked Questions
What is the main reason for this 10-Q/A filing?
This filing is an amendment to provide interactive data files as required by Rule 405 of Regulation S-T. It does not contain any new financial information or changes to the original report's content.
Should I rely on this filing for financial performance data for Q2 2010?
No, this amendment does not update or modify the financial disclosures from the original Form 10-Q filed on August 5, 2010. Investors should consult the original 10-Q for detailed financial and operational information.
What new agreements or plans are mentioned in the exhibits?
The filing lists a restated Corporate Executive Bonus Plan, updated following the May 13, 2010 stockholder meeting, and a new 364-Day Credit Agreement dated June 11, 2010.
06—Continue