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Amazon Com Inc (AMZN) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2016

Amazon Com Inc

CIK: 1018724 Ticker: AMZN


Exhibit 99.1
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AMAZON.COM ANNOUNCES FOURTH QUARTER SALES UP 22% TO $43.7 BILLION
SEATTLE—(BUSINESS WIRE) February 2, 2017—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2016.
Operating cash flow increased 38% to $16.4 billion for the trailing twelve months, compared with $11.9 billion for the trailing twelve months ended December 31, 2015. Free cash flow increased to $9.7 billion for the trailing twelve months, compared with $7.3 billion for the trailing twelve months ended December 31, 2015. Free cash flow less lease principal repayments increased to $5.7 billion for the trailing twelve months, compared with $4.7 billion for the trailing twelve months ended December 31, 2015. Free cash flow less finance lease principal repayments and assets acquired under capital leases increased to $3.9 billion for the trailing twelve months, compared with $2.5 billion for the trailing twelve months ended December 31, 2015.
Common shares outstanding plus shares underlying stock-based awards totaled 497 million on December 31, 2016, compared with 490 million one year ago.
Fourth Quarter 2016
Net sales increased 22% to $43.7 billion in the fourth quarter, compared with $35.7 billion in fourth quarter 2015. Excluding the $558 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 24% compared with fourth quarter 2015.
Operating income increased 13% to $1.3 billion in the fourth quarter, compared with operating income of $1.1 billion in fourth quarter 2015.
Net income was $749 million in the fourth quarter, or $1.54 per diluted share, compared with net income of $482 million, or $1.00 per diluted share, in fourth quarter 2015.

Full Year 2016
Net sales increased 27% to $136.0 billion, compared with $107.0 billion in 2015. Excluding the $550 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 28% compared with 2015.
Operating income was $4.2 billion, compared with operating income of $2.2 billion in 2015.
Net income was $2.4 billion, or $4.90 per diluted share, compared with net income of $596 million, or $1.25 per diluted share, in 2015.

“Our Prime team’s customer obsession kept them busy in 2016,” said Jeff Bezos, Amazon founder and CEO. “Prime members can now choose from over 50 million items with free two-day shipping — up 73% since 2015. Prime Video is now available in more than 200 countries and territories. Prime Now added 18 new cities, which means millions more members now get one and two hour delivery. New benefits were also added to the list, like Prime Reading, Audible Channels for Prime, Twitch Prime and more. And customers noticed — tens of millions of new paid members joined the program in just this past year.”
Highlights
Amazon announced that it will create more than 100,000 new, full-time, full-benefit jobs in the U.S. over the next 18 months, and will include positions across the country for all types of experience, education, and skill levels.
Fulfillment by Amazon (FBA) delivered more than two billion units on behalf of sellers in 2016, and the number of active sellers using FBA grew more than 70%. Using the FBA service, Amazon sellers from more than 130 countries fulfilled orders to customers in 185 countries.
In 2016, there were over 100,000 sellers with sales of more than $100,000 selling on Amazon.
In the fourth quarter, FBA units represented more than 55% of total third-party units.
Amazon introduced Amazon Go in Seattle, a new kind of store with no checkout required. With Just Walk Out Shopping, customers simply take the products they want, and go. Our checkout-free shopping experience is made


The following information was filed by Amazon Com Inc (AMZN) on Thursday, February 2, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Amazon Com Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (parenthetical)
Consolidated Statements Of Operations
Consolidated Statements Of Stockholders' Equity
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (tables)
Accumulated Other Comprehensive Loss Changes In Composition Of Accumulated Other Comprehensive Income Or Loss (detail)
Acquisitions Goodwill And Acquired Intangible Assets - Additional Information (detail)
Acquisitions, Goodwill, And Acquired Intangible Assets
Acquisitions, Goodwill, And Acquired Intangible Assets (tables)
Acquisitions, Goodwill, And Acquired Intangible Assets Acquired Intangible Assets (detail)
Acquisitions, Goodwill, And Acquired Intangible Assets Allocation Of Aggregate Purchase Price Of Acquisitions (detail)
Acquisitions, Goodwill, And Acquired Intangible Assets Expected Future Amortization Expense Of Acquired Intangible Assets (detail)
Acquisitions, Goodwill, And Acquired Intangible Assets Summary Of Goodwill Activity By Segment (detail)
Cash, Cash Equivalents, And Marketable Securities
Cash, Cash Equivalents, And Marketable Securities (tables)
Cash, Cash Equivalents, And Marketable Securities - Gross Grains And Gross Losses Realized On Sales Of Available-for-sale Marketable Securities (details)
Cash, Cash Equivalents, And Marketable Securities - Summary By Major Security Type Cash Cash Equivalents And Marketable Securities Measured At Fair Value On Recurring Basis And Categorized Using Fair Value Hierarchy (detail)
Cash, Cash Equivalents, And Marketable Securities - Summary Of Contractual Maturities Of Cash Equivalent And Marketable Fixed Income Securities (detail)
Commitments And Contingencies
Commitments And Contingencies (tables)
Commitments And Contingencies - Additional Information (detail)
Commitments And Contingencies Contractual Commitments, Excluding Open Orders For Purchases That Support Normal Operations (detail)
Description Of Business And Accounting Policies
Description Of Business And Accounting Policies (policies)
Description Of Business And Accounting Policies (tables)
Description Of Business And Accounting Policies - Additional Information (detail)
Description Of Business And Accounting Policies Calculation Of Diluted Shares (detail)
Description Of Business And Accounting Policies Calculation Of Diluted Shares Additional Information (details)
Description Of Business And Accounting Policies Recent Accounting Pronouncements (details)
Income Taxes
Income Taxes (tables)
Income Taxes - Additional Information (detail)
Income Taxes Components Of Provision For Income Taxes, Net (details)
Income Taxes Deferred Income Tax Assets And Liabilities (details)
Income Taxes Items Accounting For Differences Between Income Taxes Computed At Federal Statutory Rate And Provision Recorded For Income Taxes (details)
Income Taxes Reconciliation Of Tax Contingencies (details)
Income Taxes U.s. And International Components Of Income Before Income Taxes (details)
Long-term Debt
Long-term Debt (tables)
Long-term Debt - Additional Information (detail)
Long-term Debt Future Principal Payment For Debt (details)
Long-term Debt Long-term Debt Obligations (detail)
Other Long Term Liabilities Summary (detail)
Other Long-term Liabilities
Other Long-term Liabilities (tables)
Other Long-term Liabilities Long Term Capital Lease Obligation (detail)
Other Long-term Liabilities Long Term Finance Lease Obligation (detail)
Property And Equipment
Property And Equipment (tables)
Property And Equipment - Additional Information (detail)
Quarterly Results (unaudited)
Quarterly Results (unaudited) (tables)
Quarterly Results (unaudited) - Unaudited Quarterly Results (detail)
Segment Information
Segment Information (tables)
Segment Information - Additional Information (detail)
Segment Information - Depreciation Expense, By Segment (details)
Segment Information - Net Sales Attributed To Foreign Countries (details)
Segment Information - Net Sales Of Similar Products And Services (detail)
Segment Information - Reconciliation Of Assets From Segment To Consolidated (details)
Segment Information - Reconciliation Of Property And Equipment Additions From Segments To Consolidated (details)
Segment Information - Reconciliation Of Property And Equipment From Segments To Consolidated (details)
Segment Information - Reportable Segments And Reconciliation To Consolidated Net Income (detail)
Stockholders Equity - Additional Information (detail)
Stockholders' Equity
Stockholders' Equity (tables)
Stockholders' Equity Restricted Stock Unit Activity (detail)
Stockholders' Equity Scheduled Vesting For Outstanding Restricted Stock Units (detail)
Ticker: AMZN
CIK: 1018724
Form Type: 10-K Annual Report
Accession Number: 0001018724-17-000011
Submitted to the SEC: Thu Feb 09 2017 5:56:36 PM EST
Accepted by the SEC: Fri Feb 10 2017
Period: Saturday, December 31, 2016
Industry: Retail Catalog And Mail Order Houses

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