Last10K.com

Amazon Com Inc (AMZN) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Amazon Com Inc

HISTORY TOOLS
CIK: 1018724 Ticker: AMZN


Exhibit 99.1
 amazonlogorgb.jpg
AMAZON.COM ANNOUNCES FOURTH QUARTER SALES UP 38% TO $60.5 BILLION
SEATTLE—(BUSINESS WIRE) February 1, 2018—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2017.
Operating cash flow increased 7% to $18.4 billion for the trailing twelve months, compared with $17.3 billion for the trailing twelve months ended December 31, 2016. Free cash flow decreased to $8.4 billion for the trailing twelve months, compared with $10.5 billion for the trailing twelve months ended December 31, 2016. Free cash flow less lease principal repayments decreased to $3.4 billion for the trailing twelve months, compared with $6.5 billion for the trailing twelve months ended December 31, 2016. Free cash flow less finance lease principal repayments and assets acquired under capital leases decreased to an outflow of $1.5 billion for the trailing twelve months, compared with an inflow of $4.7 billion for the trailing twelve months ended December 31, 2016.
Common shares outstanding plus shares underlying stock-based awards totaled 504 million on December 31, 2017, compared with 497 million one year ago.
Fourth Quarter 2017
Net sales increased 38% to $60.5 billion in the fourth quarter, compared with $43.7 billion in fourth quarter 2016. Excluding the $1.1 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 36% compared with fourth quarter 2016.
Operating income increased 69% to $2.1 billion in the fourth quarter, compared with operating income of $1.3 billion in fourth quarter 2016.
Net income was $1.9 billion in the fourth quarter, or $3.75 per diluted share, compared with net income of $749 million, or $1.54 per diluted share, in fourth quarter 2016. The fourth quarter 2017 includes a provisional tax benefit for the impact of the U.S. Tax Cuts and Jobs Act of 2017 of approximately $789 million.
Full Year 2017
Net sales increased 31% to $177.9 billion, compared with $136.0 billion in 2016. Excluding the $210 million favorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 31% compared with 2016.
Operating income decreased 2% to $4.1 billion, compared with operating income of $4.2 billion in 2016.
Net income was $3.0 billion, or $6.15 per diluted share, compared with net income of $2.4 billion, or $4.90 per diluted share, in 2016.
“Our 2017 projections for Alexa were very optimistic, and we far exceeded them. We don’t see positive surprises of this magnitude very often — expect us to double down,” said Jeff Bezos, Amazon founder and CEO. “We’ve reached an important point where other companies and developers are accelerating adoption of Alexa. There are now over 30,000 skills from outside developers, customers can control more than 4,000 smart home devices from 1,200 unique brands with Alexa, and we’re seeing strong response to our new far-field voice kit for manufacturers. Much more to come and a huge thank you to our customers and partners.”
Highlights
•
In 2017, more than five billion items shipped with Prime worldwide.
•
More new paid members joined Prime in 2017 than any previous year — both worldwide and in the U.S.
•
Fire TV Stick and Echo Dot were the best-selling products in 2017 across all of Amazon. Customers purchased tens of millions of Echo devices last year.

The following information was filed by Amazon Com Inc (AMZN) on Thursday, February 1, 2018 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.

View differences made from one year to another to evaluate Amazon Com Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Amazon Com Inc.

Continue

Assess how Amazon Com Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Amazon Com Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Financial
Revenue
Legal
Other
Filter Subcategory:
All
Expense
Product
Geography
Cash Flow
Income
Shares
Other
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 (details)
Accumulated Other Comprehensive Loss (tables)
Acquisitions, Goodwill, And Acquired Intangible Assets
Acquisitions, Goodwill, And Acquired Intangible Assets (tables)
Acquisitions, Goodwill, And Acquired Intangible Assets - Acquired Intangible Assets (details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Additional Information (details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Allocation Of Aggregate Purchase Price Of Acquisitions (details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Expected Future Amortization Expense Of Acquired Intangible Assets (details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Pro Forma Financial Information (details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Summary Of Goodwill Activity By Segment (details)
Cash, Cash Equivalents, And Marketable Securities
Cash, Cash Equivalents, And Marketable Securities (tables)
Cash, Cash Equivalents, And Marketable Securities - Contractual Maturities (details)
Cash, Cash Equivalents, And Marketable Securities - Fair Values On Recurring Basis (details)
Cash, Cash Equivalents, And Marketable Securities - Gross Grains And Gross Losses Realized On Sales Of Available-for-sale Marketable Securities (details)
Commitments And Contingencies
Commitments And Contingencies (tables)
Commitments And Contingencies - Commitments (details)
Commitments And Contingencies - Legal Proceedings (details)
Commitments And Contingencies - Pledged Assets (details)
Commitments And Contingencies - Principal Contractual Commitments Excluding Open Orders (details)
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 - Accounting Pronouncements Not Yet Adopted (details)
Description Of Business And Accounting Policies - Accounting Pronouncements Recently Adopted (details)
Description Of Business And Accounting Policies - Accounts Receivable, Net And Other (details)
Description Of Business And Accounting Policies - Accrued Expenses And Other (details)
Description Of Business And Accounting Policies - Calculation Of Diluted Shares (details)
Description Of Business And Accounting Policies - Description Of Business (details)
Description Of Business And Accounting Policies - Fair Value Of Financial Instruments (details)
Description Of Business And Accounting Policies - Foreign Currency (details)
Description Of Business And Accounting Policies - Goodwill (details)
Description Of Business And Accounting Policies - Internal-use Software And Website Development (details)
Description Of Business And Accounting Policies - Marketing (details)
Description Of Business And Accounting Policies - Other Income (expense), Net (details)
Description Of Business And Accounting Policies - Property And Equipment, Net (details)
Description Of Business And Accounting Policies - Revenue (details)
Description Of Business And Accounting Policies - Technology And Content (details)
Description Of Business And Accounting Policies - Unearned Revenue (details)
Description Of Business And Accounting Policies - Video And Music Content (details)
Income Taxes
Income Taxes (tables)
Income Taxes - Additional Information (details)
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 (details)
Long-term Debt - Future Principal Payment For Debt (details)
Long-term Debt - Long-term Debt Obligations (details)
Other Long-term Liabilities
Other Long-term Liabilities (tables)
Other Long-term Liabilities - Long Term Capital Lease Obligation (details)
Other Long-term Liabilities - Long Term Finance Lease Obligation (details)
Other Long-term Liabilities - Other Long Term Liabilities Summary (details)
Property And Equipment
Property And Equipment (tables)
Property And Equipment - Additional Information (details)
Property And Equipment - Components (details)
Quarterly Results (unaudited)
Quarterly Results (unaudited) (details)
Quarterly Results (unaudited) (tables)
Segment Information
Segment Information (tables)
Segment Information - Additional Information (details)
Segment Information - Depreciation Expense, By Segment (details)
Segment Information - Net Sales Attributed To Countries Representing Significant Portion Of Consolidated (details)
Segment Information - Net Sales Of Similar Products And Services (details)
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 (details)
Stockholders' Equity
Stockholders' Equity (tables)
Stockholders' Equity - Additional Information (details)
Stockholders' Equity - Restricted Stock Unit Activity (details)
Stockholders' Equity - Scheduled Vesting For Outstanding Restricted Stock Units (details)
Stockholders' Equity - Stock-based Compensation Expense (details)
Ticker: AMZN
CIK: 1018724
Form Type: 10-K Annual Report
Accession Number: 0001018724-18-000005
Submitted to the SEC: Thu Feb 01 2018 8:41:15 PM EST
Accepted by the SEC: Fri Feb 02 2018
Period: Sunday, December 31, 2017
Industry: Retail Catalog And Mail Order Houses

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/amzn/0001018724-18-000005.htm