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10-Q/APeriod: Q2 FY2013

Seagate Technology Holdings plc Quarterly Report (Amendment) for Q2 Ended Dec 28, 2012

Filed January 31, 2013For Securities:STX

Summary

This filing is an amendment to Seagate Technology Holdings plc's (STX) previously filed quarterly report for the period ending December 28, 2012. The amendment is primarily administrative, serving to include an updated Third Amendment to the Seagate Deferred Compensation Plan as Exhibit 10.56 and to correct a clerical error in the Interactive Data files (Exhibit 101). Importantly, the amendment explicitly states that no other changes or updates to the disclosures in the original filing have been made, and it does not reflect events occurring after the original filing date. Investors should refer to the original Form 10-Q filing for the substantive financial and operational information pertaining to the quarter.

Financial Statements
Beta
Revenue$3.67B
Cost of Revenue$2.68B
Gross Profit$992.00M
R&D Expenses$277.00M
SG&A Expenses$139.00M
Operating Expenses$3.11B
Operating Income$555.00M
Interest Expense$55.00M
Net Income$492.00M
EPS (Basic)$1.33
EPS (Diluted)$1.30
Shares Outstanding (Basic)369.00M
Shares Outstanding (Diluted)379.00M

Key Highlights

  • 1The filing is an amendment (10-Q/A) to the quarterly report for the period ended December 28, 2012.
  • 2The primary purpose of the amendment is to file an updated Third Amendment to the Seagate Deferred Compensation Plan (Exhibit 10.56).
  • 3A clerical error in the Interactive Data Files (Exhibit 101) from the original filing has been corrected.
  • 4The amendment explicitly states that no other disclosures from the original Form 10-Q have been changed or updated.
  • 5The amendment does not incorporate any information about events that occurred after the original filing date.
  • 6Seagate Technology plc is identified as a large accelerated filer.
  • 7As of January 24, 2013, there were 358,861,313 ordinary shares outstanding.

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