Summary
This 10-K filing for Seagate Technology plc covers the fiscal year ended July 2, 2010. As a significant player in the hard drive industry, the report provides a comprehensive overview of the company's business, financial condition, and risk factors. Investors should note Seagate's position in a dynamic and competitive technology market, where factors like technological advancements, supply chain management, and global economic conditions heavily influence performance. The filing also details the company's corporate structure, executive compensation, and material agreements, offering insights into its operational framework and governance. Key financial and operational details, while not fully presented in this excerpt, would typically be found in the detailed financial statements and Management's Discussion and Analysis (MD&A) section. Investors should pay close attention to revenue trends, profitability, cash flow generation, and any significant debt obligations or capital expenditures. The extensive exhibit list suggests a company actively managing its debt structure and executive compensation, which are crucial areas for investor due diligence.
Financial Highlights
55 data points| Revenue | $11.39B |
| Cost of Revenue | $8.19B |
| Gross Profit | $3.20B |
| R&D Expenses | $877.00M |
| SG&A Expenses | $437.00M |
| Operating Expenses | $9.65B |
| Operating Income | $1.74B |
| Interest Expense | $174.00M |
| Net Income | $1.61B |
| EPS (Basic) | $3.28 |
| EPS (Diluted) | $3.14 |
| Shares Outstanding (Basic) | 491.00M |
| Shares Outstanding (Diluted) | 514.00M |
Key Highlights
- 1Seagate Technology plc is incorporated in Ireland and its ordinary shares are registered on The NASDAQ Global Select Market.
- 2The company filed an Annual Report for the fiscal year ended July 2, 2010, indicating it is a large accelerated filer.
- 3The filing includes a comprehensive list of exhibits, detailing various material agreements such as indentures, security agreements, compensation plans, and governance documents.
- 4Several exhibits relate to debt financing, including indentures and security agreements dated throughout 2009 and 2010, suggesting active debt management.
- 5The company has various stock option and share compensation plans for officers, employees, and outside directors, indicating a focus on equity-based compensation.
- 6The aggregate market value of non-affiliate shares was approximately $6.3 billion as of January 1, 2010.
- 7The filing references the company's Scheme of Arrangement and Memorandum and Articles of Association, outlining its corporate structure and governance.