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Statement of stockholders equity Describe the primary sections of stockholders equity? Identify what caused your companys retained earnings to change during the years of the

Statement of stockholders equity

  1. Describe the primary sections of stockholders equity?
  2. Identify what caused your companys retained earnings to change during the years of the statement. Discuss the pattern over the period of time.
  3. Describe any stock issuances this year. Provide what you think the journal entry was.
  4. Does your company use par value? How do you know?
  5. Does your company have more than one class of stock? Explain.
  6. Has the company repurchased any stock? This year? In past years? How do you knowimage text in transcribed
| | | | | 18 - - - - - (612) - | | | | - - 1 NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY Accumulated Common Stock Other Total Outstanding Additional Treasury Comprehensive Retained Shareholders' Paid in (In millions, except per share data) Shares Amount Capital Stock Income (Loss) Earnings Equity Balances, January 29, 2017 585 $ 1 $ 4,708 $ (5,039) $ (16) $ 6,108 $ 5,762 Retained earnings adjustment due to adoption of an accounting standard related to stock-based compensation (27) (27) Other comprehensive loss (2) (2) Net income 3,047 3,047 Issuance of common stock in exchange for warrants 13 Convertible debt conversion 33 (7) (7) Issuance of common stock from stock plans 138 138 Tax withholding related to vesting of restricted stock units (612) Share repurchase (6) (909) (909) Exercise of convertible note hedges (33) 90 (90) Cash dividends declared and paid (50.570 per common share) (341) (341) Stock-based compensation 391 391 Reclassification of convertible debt conversion obligation 31 31 Balances, January 28, 2018 606 5,351 (6.650) (18) 8,787 7,471 Retained earnings adjustment due to adoption of an accounting standard related to income tax consequences of an intra-entity transfer of an asset Other comprehensive income 6 6 Net income 4,141 4,141 Convertible debt conversion 1 Issuance of common stock from stock plans 13 137 137 Tax withholding related to vesting of restricted stock units (1.032) (1.032) Share repurchase (9) (1,579) (1,579) Exercise of convertible note hedges (1) 2 (2) Cash dividends declared and paid ($0.610 per common share) (371) (371) Stock-based compensation 561 561 Balances, January 27, 2019 606 6,051 (9,263) (12) 12,565 9,342 Other comprehensive income 13 13 Net income 2,796 2,796 Issuance of common stock from stock plans 149 149 Tax withholding related to vesting of restricted stock units (3) (551) (551) Cash dividends declared and paid (S0.640 per common share) (390) (390) Stock-based compensation 845 Balances, January 26, 2020 612 $ 1 $ 7.045 $ (9,814) $ S 14.971 $ 12,204 See accompanying notes to the consolidated financial statements 8 8 - - | | - - 1 9 (3) - 845 1 | | | | | 18 - - - - - (612) - | | | | - - 1 NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY Accumulated Common Stock Other Total Outstanding Additional Treasury Comprehensive Retained Shareholders' Paid in (In millions, except per share data) Shares Amount Capital Stock Income (Loss) Earnings Equity Balances, January 29, 2017 585 $ 1 $ 4,708 $ (5,039) $ (16) $ 6,108 $ 5,762 Retained earnings adjustment due to adoption of an accounting standard related to stock-based compensation (27) (27) Other comprehensive loss (2) (2) Net income 3,047 3,047 Issuance of common stock in exchange for warrants 13 Convertible debt conversion 33 (7) (7) Issuance of common stock from stock plans 138 138 Tax withholding related to vesting of restricted stock units (612) Share repurchase (6) (909) (909) Exercise of convertible note hedges (33) 90 (90) Cash dividends declared and paid (50.570 per common share) (341) (341) Stock-based compensation 391 391 Reclassification of convertible debt conversion obligation 31 31 Balances, January 28, 2018 606 5,351 (6.650) (18) 8,787 7,471 Retained earnings adjustment due to adoption of an accounting standard related to income tax consequences of an intra-entity transfer of an asset Other comprehensive income 6 6 Net income 4,141 4,141 Convertible debt conversion 1 Issuance of common stock from stock plans 13 137 137 Tax withholding related to vesting of restricted stock units (1.032) (1.032) Share repurchase (9) (1,579) (1,579) Exercise of convertible note hedges (1) 2 (2) Cash dividends declared and paid ($0.610 per common share) (371) (371) Stock-based compensation 561 561 Balances, January 27, 2019 606 6,051 (9,263) (12) 12,565 9,342 Other comprehensive income 13 13 Net income 2,796 2,796 Issuance of common stock from stock plans 149 149 Tax withholding related to vesting of restricted stock units (3) (551) (551) Cash dividends declared and paid (S0.640 per common share) (390) (390) Stock-based compensation 845 Balances, January 26, 2020 612 $ 1 $ 7.045 $ (9,814) $ S 14.971 $ 12,204 See accompanying notes to the consolidated financial statements 8 8 - - | | - - 1 9 (3) - 845 1

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