Broadcom Reports Fourth Quarter and Full Year 2014 Results

The following table presents details of total stock-based compensation expense included in each functional line item in the unaudited condensed consolidated statements of income above:























Three Months Ended


Year Ended


December 31,


September 30,


December 31,


December 31,


2014


2014


2013


2014


2013

Cost of revenue

$

5



$

6



$

6



$

22



$

25


Research and development

67



73



83



304



363


Selling, general and administrative

25



28



28



111



130
























BROADCOM CORPORATION

Unaudited Condensed Consolidated Statements of Cash Flows

(In millions)












Three Months Ended


Year Ended


December 31,


September 30,


December 31,


December 31,


2014


2014


2013


2014


2013

Operating activities










Net income

$

390



$

98



$

168



$

652



$

424


Adjustments to reconcile net income to net cash provided by operating activities:










Depreciation and amortization

37



42



51



178



173


Stock-based compensation expense

97



107



117



437



518


Acquisition-related items:










Amortization of purchased intangible assets

45



54



56



214



228


Impairments of long-lived assets

14



200





404



511


Loss (gain) on sale of assets and other

3



3





(41)



(2)


Changes in operating assets and liabilities, net of acquisitions:










Accounts receivable, net

134



(142)



57



(9)



(55)


Inventory

93



(10)



16



(7)



2


Prepaid expenses and other assets

7



11



(28)



14



(25)


Accounts payable

(176)





44



(79)



24


Deferred revenue

(11)



(7)



(4)



87



(15)


Other accrued and long-term liabilities



105



(86)



75



2


Net cash provided by operating activities

633



461



391



1,925



1,785


Investing activities










Net purchases of property and equipment

(48)



(56)



(56)



(262)



(228)


Net cash paid for acquired companies

(5)



(3)



(142)



(14)



(142)


Proceeds from sale of certain assets and other

2





(15)



92



(15)


Purchases of marketable securities

(2,003)



(955)



(468)



(3,871)



(2,682)


Proceeds from sales and maturities of marketable securities

1,724



447



575



3,141



2,071


Net cash used in investing activities

(330)



(567)



(106)



(914)



(996)


Financing activities










Issuance of long-term debt, net



592





592




Payments of long-term debt



(400)



(300)



(400)



(300)


Repurchases of Class A common stock

(104)



(227)



(2)



(522)



(597)


Dividends paid

(72)



(71)



(64)



(283)



(254)


Proceeds from issuance of common stock

198



136



240



617



532


Minimum tax withholding paid on behalf of employees for restricted stock units

(34)



(34)



(26)



(127)



(130)


Net cash used in financing activities

(12)



(4)



(152)



(123)



(749)


Increase (decrease) in cash and cash equivalents

291



(110)



133



888



40


Cash and cash equivalents at beginning of period

2,254



2,364



1,524



1,657



1,617


Cash and cash equivalents at end of period

$

2,545



$

2,254



$

1,657



$

2,545



$

1,657



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



Review Article Be the first to review this article
CST: Webinar Feb 16, 2017

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Synopsys: Is 40 the new 20?
More Editorial  
Jobs
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
3D Printing Electronics Conference at High Tech Campus 1, 5656 Eindhoven Eindhoven Netherlands - Jan 24, 2017
DesignCon 2017 at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
Embedded Neural Network Summit at San Jose CA - Feb 1, 2017
International Solid-State Circuits Conference (ISSCC) at San Francisco CA - Feb 5 - 9, 2017
CST: Webinars Begin on February 9



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy