Summary
Seagate Technology plc's 2015 10-K filing details the company's performance and financial position as of July 3, 2015. As a leading provider of storage solutions, Seagate was navigating a dynamic technology landscape with a focus on enterprise and PC storage. The filing indicates that the company is a large accelerated filer, suggesting significant market capitalization and a history of consistent SEC reporting. Investors would be interested in the company's revenue streams, profitability, and its ability to adapt to evolving storage demands, particularly in the context of cloud computing and mobile devices. The report also highlights Seagate's commitment to shareholder value through various equity plans and its capital structure, as evidenced by the numerous debt instruments listed in the exhibits. Investors should pay close attention to the risk factors section, which would typically outline industry-specific challenges, competitive pressures, and macroeconomic uncertainties that could impact future performance. The company's operations are global, making currency fluctuations and geopolitical factors potential considerations.
Financial Highlights
57 data points| Revenue | $13.74B |
| Cost of Revenue | $9.93B |
| Gross Profit | $3.81B |
| R&D Expenses | $1.35B |
| SG&A Expenses | $857.00M |
| Operating Expenses | $11.68B |
| Operating Income | $2.06B |
| Interest Expense | $207.00M |
| Net Income | $1.74B |
| EPS (Basic) | $5.38 |
| EPS (Diluted) | $5.26 |
| Shares Outstanding (Basic) | 324.00M |
| Shares Outstanding (Diluted) | 331.00M |
Key Highlights
- 1Seagate Technology plc is a large accelerated filer, indicating substantial market presence and reporting history.
- 2The fiscal year ended July 3, 2015, involved navigating a complex and evolving data storage market.
- 3The company has a diverse range of debt instruments, including various Senior Notes with different maturity dates, indicating a structured approach to financing.
- 4The filing references numerous equity incentive plans and employee stock purchase plans, highlighting a focus on employee compensation and retention.
- 5Significant financial agreements, including credit agreements and guarantee agreements, are detailed in the exhibits, pointing to robust financial operations and potentially leverage.
- 6The company's ordinary shares are listed on The NASDAQ Global Select Market, providing liquidity for investors.
- 7The aggregate market value of shares held by non-affiliates was approximately $21.7 billion as of January 2, 2015, underscoring the company's significant scale.