NVIDIA Corporation
Buy, Hold or Sell?

Let's analyse Nvidia together

Penke I guess you are interested in NVIDIA Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of NVIDIA Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nvidia (30 sec.)

What can you expect buying and holding a share of Nvidia? (30 sec.)

How much money do you get?

$0.16

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$17.19

Expected worth in 1 year

$25.54

How sure are you?

80.0%

+ What do you gain per year?

Total Gains per Share

$8.51

Return On Investment

1.0%

For what price can you sell your share?

Current Price per Share

$824.23

Expected price per share

$504.02 - $967.66

How sure are you?

50%

1. Valuation of Nvidia (5 min.)

Live pricePrice per Share (EOD)

$824.23

Book Value per Share

$17.19

Intrinsic Value Per Share

$78.16 - $257.39

Total Value Per Share

$95.35 - $274.58

My calculation of the intrinsic value of Nvidia is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.57) 3Y: ($1.29) TTM: ($2.70)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.11) 3Y: ($0.32) TTM: ($0.95)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$3.25	$8.17	$4.03 - $10.23
2	$7.90	$20.92	$5.78 - $15.29
3	$13.79	$37.98	$7.52 - $20.34
4	$20.75	$59.08	$9.27 - $25.40
5	$28.66	$83.98	$11.01 - $30.45
6	$37.37	$112.43	$12.76 - $35.51
7	$46.78	$144.21	$14.50 - $40.56
8	$56.78	$179.10	$16.25 - $45.62
9	$67.27	$216.89	$18.00 - $50.67
10	$78.16	$257.39	$19.74 - $55.73

2. Growth of Nvidia (5 min.)

Is Nvidia growing?

	Current year	Previous year	Grow	Grow %
How rich?	$42.9b	$23.4b	$8.6b	27.0%

How much money is Nvidia making?

	Current year	Previous year	Grow	Grow %
Making money	$7.4b	$1b	$6.3b	85.3%
Net Profit Margin	45.2%	16.0%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Nvidia (5 min.)

4. Comparing to competitors in the Semiconductors industry (5 min.)

Industry Rankings (Semiconductors)

Richest
#9 / 269

Most Revenue
#4 / 269

Most Profit
#2 / 269

Most Efficient
#7 / 269

What can you expect buying and holding a share of Nvidia? (5 min.)

Welcome investor! Nvidia's management wants to use your money to grow the business. In return you get a share of Nvidia.

What can you expect buying and holding a share of Nvidia?

First you should know what it really means to hold a share of Nvidia. And how you can make/lose money.

Speculation

The Price per Share of Nvidia is $824.23. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Nvidia.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nvidia, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $17.19. Based on the TTM, the Book Value Change Per Share is $2.09 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.40 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.04 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Nvidia.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	4.91	0.6%	2.98	0.4%	0.43	0.1%	1.02	0.1%	0.61	0.1%
Usd Book Value Change Per Share	3.89	0.5%	2.09	0.3%	-0.40	0.0%	0.67	0.1%	0.39	0.0%
Usd Dividend Per Share	0.04	0.0%	0.04	0.0%	0.04	0.0%	0.04	0.0%	0.03	0.0%
Usd Total Gains Per Share	3.92	0.5%	2.13	0.3%	-0.36	0.0%	0.71	0.1%	0.42	0.1%
Usd Price Per Share	615.27	-	441.96	-	174.36	-	314.31	-	206.94	-
Price to Earnings Ratio	31.30	-	47.74	-	114.32	-	143.88	-	137.29	-
Price-to-Total Gains Ratio	156.76	-	246.37	-	-1,032.66	-	226.40	-	6,740.87	-
Price to Book Ratio	35.79	-	34.30	-	18.74	-	42.00	-	39.80	-
Price-to-Total Gains Ratio	156.76	-	246.37	-	-1,032.66	-	226.40	-	6,740.87	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	824.23
Number of shares	1

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.04	0.04
Usd Book Value Change Per Share	2.09	0.67
Usd Total Gains Per Share	2.13	0.71
Gains per Quarter (1 shares)	2.13	0.71
Gains per Year (1 shares)	8.51	2.85

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	0	8	-1	0	3	-7
2	0	17	8	0	5	-4
3	0	25	17	0	8	-1
4	1	33	26	1	11	2
5	1	42	35	1	13	5
6	1	50	44	1	16	8
7	1	58	53	1	19	11
8	1	67	62	1	22	14
9	1	75	71	1	24	17
10	2	84	80	2	27	20

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	94.0	6.0	0.0	94.0%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	9.0	3.0	0.0	75.0%	17.0	3.0	0.0	85.0%	31.0	9.0	0.0	77.5%	79.0	21.0	0.0	79.0%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	47.0	0.0	53.0	47.0%
Total Gains per Share	4.0	0.0	0.0	100.0%	9.0	3.0	0.0	75.0%	17.0	3.0	0.0	85.0%	32.0	8.0	0.0	80.0%	82.0	18.0	0.0	82.0%

Fundamentals of Nvidia

About NVIDIA Corporation

https://www.nvidia.com
Semiconductors
29600
2788 San Tomas Expressway, Santa Clara, CA, United States, 95051
Google Maps Bing Maps

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. The Compute & Networking segment comprises Data Center computing platforms and end-to-end networking platforms, including Quantum for InfiniBand and Spectrum for Ethernet; NVIDIA DRIVE automated-driving platform and automotive development agreements; Jetson robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and DGX Cloud software and services. The company's products are used in gaming, professional visualization, data center, and automotive markets. It sells its products to original equipment manufacturers, original device manufacturers, system integrators and distributors, independent software vendors, cloud service providers, consumer internet companies, add-in board manufacturers, distributors, automotive manufacturers and tier-1 automotive suppliers, and other ecosystem participants. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.

Fundamental data was last updated by Penke on 2024-04-11 16:20:06.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of NVIDIA Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Nvidia earns for each $1 of revenue.

Above 10% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
A Net Profit Margin of 55.6% means that $0.56 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NVIDIA Corporation:

The MRQ is 55.6%. The company is making a huge profit. +2
The TTM is 45.2%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	55.6%	TTM	45.2%	+10.4%
TTM	45.2%	YOY	16.0%	+29.2%
TTM	45.2%	5Y	29.6%	+15.6%
5Y	29.6%	10Y	26.1%	+3.5%

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	55.6%	5.9%	+49.7%
TTM	45.2%	5.3%	+39.9%
YOY	16.0%	10.7%	+5.3%
5Y	29.6%	8.8%	+20.8%
10Y	26.1%	7.8%	+18.3%

Measures how much net profit Nvidia earns for each $1 of revenue.

Revenue is the amount of profit Nvidia generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Nvidia earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
Can be used to compare companies within the Semiconductors industry.

You typically want a high profit margin. This means that for each $1 in sales, Nvidia makes more profit. This shows the investor how efficiently Nvidia is operating in general and compared to other companies in the same industry. Nvidia operates in the Semiconductors industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Nvidia. If profit margins remain low (compared to the Semiconductors industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Nvidia is 0.56. This means that Nvidia earned $0.56 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Semiconductors industry is 5.9%.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Nvidia with other companies in the same industry (Semiconductors).
Net profit margin should rise over the years.
Can be influenced when Nvidia sells assets (profit will increase while costs remain the same).
It won’t show what part of Nvidia is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Nvidia

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Nvidia = 12,285,000
Total revenue MRQ Nvidia = 22,103,000
$12,285,000 / $22,103,000 = 0.56 or 55.6%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Nvidia is using its assets to generate profit.

Above 5% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
18.7% Return on Assets means that Nvidia generated $0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NVIDIA Corporation:

The MRQ is 18.7%. Using its assets, the company is efficient in making profit. +1
The TTM is 13.2%. Using its assets, the company is efficient in making profit. +1

Trends

Current period		Compared to		+/-
MRQ	18.7%	TTM	13.2%	+5.5%
TTM	13.2%	YOY	2.6%	+10.7%
TTM	13.2%	5Y	6.1%	+7.1%
5Y	6.1%	10Y	5.5%	+0.6%

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	18.7%	1.0%	+17.7%
TTM	13.2%	1.0%	+12.2%
YOY	2.6%	2.1%	+0.5%
5Y	6.1%	1.8%	+4.3%
10Y	5.5%	1.7%	+3.8%

Shows how efficient Nvidia is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Nvidia is using its resources to generate profit. If the return on assets (18.7%) from Nvidia are higher than the Semiconductors mean (1.0%) that means Nvidia is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Nvidia is 18.7%. This means the company generated $0.19 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Semiconductors industry is 1.0%.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Nvidia

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Nvidia = 12,285,000
Total assets MRQ (balance sheet) from Nvidia = 65,728,000
12,285,000 / 65,728,000 = 0.19 or 18.7%

ROA is an important ratio as it will tell you how effectively Nvidia is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Nvidia is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
28.6% Return on Equity means Nvidia generated $0.29 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NVIDIA Corporation:

The MRQ is 28.6%. Using its investors money, the company is very efficient in making profit. +2
The TTM is 21.8%. Using its investors money, the company is efficient in making profit. +1

Trends

Current period		Compared to		+/-
MRQ	28.6%	TTM	21.8%	+6.8%
TTM	21.8%	YOY	4.6%	+17.2%
TTM	21.8%	5Y	10.1%	+11.7%
5Y	10.1%	10Y	8.9%	+1.2%

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	28.6%	1.4%	+27.2%
TTM	21.8%	1.7%	+20.1%
YOY	4.6%	3.7%	+0.9%
5Y	10.1%	3.1%	+7.0%
10Y	8.9%	3.0%	+5.9%

Shows how efficient Nvidia is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Semiconductors industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Nvidia is 28.6%. This means Nvidia generated $0.29 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Semiconductors industry is 1.4%.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if Nvidia existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Nvidia

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Nvidia = 12,285,000
Shareholders equity (balance sheet) MRQ Nvidia = 42,978,000
12,285,000 / 42,978,000 = 0.29 or 28.6%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of NVIDIA Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Nvidia is operating .

Measures how much profit Nvidia makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
An Operating Margin of 61.6% means the company generated $0.62 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NVIDIA Corporation:

The MRQ is 61.6%. The company is operating very efficient. +2
The TTM is 49.8%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	61.6%	TTM	49.8%	+11.8%
TTM	49.8%	YOY	19.3%	+30.5%
TTM	49.8%	5Y	32.2%	+17.6%
5Y	32.2%	10Y	27.4%	+4.8%

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	61.6%	6.8%	+54.8%
TTM	49.8%	2.2%	+47.6%
YOY	19.3%	10.2%	+9.1%
5Y	32.2%	8.8%	+23.4%
10Y	27.4%	7.4%	+20.0%

Measures how efficient Nvidia is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Nvidia to the Semiconductors industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Nvidia is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Nvidia is 61.6%. This means that Nvidia earned $0.62 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Semiconductors industry is 6.8%.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Nvidia

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Nvidia = 13,615,000
Total revenue MRQ Nvidia = 22,103,000
$13,615,000 / $22,103,000 = 0.62 or 61.6%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Nvidia is keeping operating costs low.

Below 1 is considered healthy (always compare to Semiconductors industry mean).
An Operation Ratio of 0.38 means that the operating costs are $0.38 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of NVIDIA Corporation:

The MRQ is 0.384. The company is very efficient in keeping operating costs low. +2
The TTM is 0.502. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.384	TTM	0.502	-0.118
TTM	0.502	YOY	0.807	-0.305
TTM	0.502	5Y	0.683	-0.181
5Y	0.683	10Y	0.718	-0.035

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	0.384	1.545	-1.161
TTM	0.502	1.570	-1.068
YOY	0.807	1.434	-0.627
5Y	0.683	1.505	-0.822
10Y	0.718	1.331	-0.613

Measures how efficient Nvidia is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Nvidia to the Semiconductors industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Nvidia is 38.4%. This means that Nvidia earned $0.38 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Semiconductors industry is 1.55.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Nvidia

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(5,312,000 +3,176,000) \ 22,103,000 = 0.38

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of NVIDIA Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Nvidia is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Semiconductors industry mean).
A Current Ratio of 4.17 means the company has $4.17 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of NVIDIA Corporation:

The MRQ is 4.171. The company is very able to pay all its short-term debts. +2
The TTM is 3.493. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	4.171	TTM	3.493	+0.678
TTM	3.493	YOY	3.960	-0.467
TTM	3.493	5Y	5.603	-2.110
5Y	5.603	10Y	5.872	-0.269

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	4.171	2.723	+1.448
TTM	3.493	2.801	+0.692
YOY	3.960	2.691	+1.269
5Y	5.603	2.718	+2.885
10Y	5.872	2.513	+3.359

Measures if Nvidia is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Semiconductors industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Nvidia if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Nvidia is 4.17. This means Nvidia has $4.17 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Semiconductors industry is 2.72.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Nvidia

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
44,345,000 \ 10,631,000) = 4.17

The current ratio measures if Nvidia is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Nvidia is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Nvidia does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Nvidia is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Nvidia is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Nvidia to the Semiconductors industry mean.
A Quick Ratio of 5.14 means the company can pay off $5.14 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NVIDIA Corporation:

The MRQ is 5.144. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 4.194. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	5.144	TTM	4.194	+0.950
TTM	4.194	YOY	5.164	-0.970
TTM	4.194	5Y	7.012	-2.818
5Y	7.012	10Y	8.146	-1.134

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	5.144	0.988	+4.156
TTM	4.194	0.958	+3.236
YOY	5.164	1.015	+4.149
5Y	7.012	1.126	+5.886
10Y	8.146	1.152	+6.994

1.4. Solvency of NVIDIA Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Nvidia assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Nvidia to Semiconductors industry mean.
A Debt to Asset Ratio of 0.35 means that Nvidia assets are financed with 34.6% credit (debt) and the remaining percentage (100% - 34.6%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of NVIDIA Corporation:

The MRQ is 0.346. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.406. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.346	TTM	0.406	-0.060
TTM	0.406	YOY	0.451	-0.045
TTM	0.406	5Y	0.400	+0.006
5Y	0.400	10Y	0.386	+0.015

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	0.346	0.322	+0.024
TTM	0.406	0.316	+0.090
YOY	0.451	0.346	+0.105
5Y	0.400	0.349	+0.051
10Y	0.386	0.344	+0.042

Measures how much % of Nvidia assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Nvidia than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Nvidia to Semiconductors industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Nvidia is 0.35. This means means that Nvidia is financed with 34.6% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Semiconductors industry is 272.3%.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Nvidia has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Nvidia

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
22,750,000 \ 65,728,000 = 34.6% or 0.35.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Nvidia is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Nvidia to the Semiconductors industry mean.
A Debt to Equity ratio of 52.9% means that company has $0.53 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NVIDIA Corporation:

The MRQ is 0.529. The company is very able to pay all its debts with equity. +2
The TTM is 0.693. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.529	TTM	0.693	-0.164
TTM	0.693	YOY	0.825	-0.132
TTM	0.693	5Y	0.683	+0.010
5Y	0.683	10Y	0.639	+0.044

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
MRQ	0.529	0.480	+0.049
TTM	0.693	0.493	+0.200
YOY	0.825	0.534	+0.291
5Y	0.683	0.574	+0.109
10Y	0.639	0.598	+0.041

Measures if Nvidia is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Nvidia is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Nvidia is 0.53. This means that Nvidia can pay off $0.53 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Semiconductors industry is 0.48.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Nvidia

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
22,750,000 \ 42,978,000 = 0.53 or 52.9%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of NVIDIA Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nvidia generates.

Above 15 is considered overpriced but always compare Nvidia to the Semiconductors industry mean.
A PE ratio of 31.30 means the investor is paying $31.30 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NVIDIA Corporation:

The EOD is 41.933. Based on the earnings, the company is overpriced. -1
The MRQ is 31.302. Based on the earnings, the company is overpriced. -1
The TTM is 47.741. Based on the earnings, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	41.933	MRQ	31.302	+10.631
MRQ	31.302	TTM	47.741	-16.439
TTM	47.741	YOY	114.317	-66.575
TTM	47.741	5Y	143.883	-96.141
5Y	143.883	10Y	137.287	+6.595

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
EOD	41.933	15.587	+26.346
MRQ	31.302	17.492	+13.810
TTM	47.741	18.169	+29.572
YOY	114.317	14.839	+99.478
5Y	143.883	20.791	+123.092
10Y	137.287	20.968	+116.319

Measures how much money you pay for each share for every $1 in earnings Nvidia generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Nvidia to the Semiconductors industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Nvidia is 31.30. This means the investor is paying $31.30 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Semiconductors industry is 17.49.
What is the trend?
The trend is important because it shows you how Nvidia is performing over time. The most recent quarter might be important if Nvidia released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nvidia up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Nvidia

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 2,490,000 = EPS
PE ratio MRQ = 31.30

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NVIDIA Corporation:

The EOD is 45.811. Based on how much money comes from the company's main activities, the company is fair priced.
The MRQ is 34.197. Based on how much money comes from the company's main activities, the company is fair priced.
The TTM is 45.914. Based on how much money comes from the company's main activities, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	45.811	MRQ	34.197	+11.614
MRQ	34.197	TTM	45.914	-11.717
TTM	45.914	YOY	-79.686	+125.600
TTM	45.914	5Y	93.207	-47.292
5Y	93.207	10Y	114.255	-21.048

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
EOD	45.811	8.350	+37.461
MRQ	34.197	8.695	+25.502
TTM	45.914	6.629	+39.285
YOY	-79.686	7.725	-87.411
5Y	93.207	5.216	+87.991
10Y	114.255	5.483	+108.772

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Nvidia is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Semiconductors industry mean).
A PB ratio of 35.79 means the investor is paying $35.79 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of NVIDIA Corporation:

The EOD is 47.945. Based on the equity, the company is expensive. -2
The MRQ is 35.790. Based on the equity, the company is expensive. -2
The TTM is 34.302. Based on the equity, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	47.945	MRQ	35.790	+12.155
MRQ	35.790	TTM	34.302	+1.488
TTM	34.302	YOY	18.736	+15.567
TTM	34.302	5Y	41.997	-7.694
5Y	41.997	10Y	39.803	+2.193

Compared to industry (Semiconductors)

Period	Company	Industry (mean)	+/-
EOD	47.945	2.366	+45.579
MRQ	35.790	2.719	+33.071
TTM	34.302	2.671	+31.631
YOY	18.736	2.748	+15.988
5Y	41.997	3.131	+38.866
10Y	39.803	3.180	+36.623

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of NVIDIA Corporation.

3.1. Institutions holding NVIDIA Corporation

Institutions are holding 68.014% of the shares of NVIDIA Corporation.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	8.1803	2.2125	204507576	827377	0.4062
2023-12-31	BlackRock Inc	7.1871	2.2688	179678390	-42024	-0.0234
2023-12-31	FMR Inc	5.1008	4.851	127520950	-1496898	-1.1602
2023-12-31	State Street Corporation	3.6664	2.2079	91661188	2974897	3.3544
2023-12-31	Geode Capital Management, LLC	1.9998	2.5832	49994598	1481480	3.0538
2023-12-31	T. Rowe Price Associates, Inc.	1.9888	3.3084	49719247	-3543728	-6.6533
2023-12-31	JPMorgan Chase & Co	1.4645	1.7421	36613581	1813740	5.2119
2023-12-31	Morgan Stanley - Brokerage Accounts	1.3212	1.4414	33029323	324483	0.9922
2023-12-31	NORGES BANK	1.1798	2.5523	29494708	2801986	10.4972
2023-12-31	Goldman Sachs Group Inc	1.1441	1.2713	28602576	13489592	89.2583
2023-12-31	Northern Trust Corp	1.0047	2.2515	25117632	-1193802	-4.5372
2023-12-31	Legal & General Group PLC	0.8317	2.642	20791626	4640088	28.7285
2023-12-31	Bank of New York Mellon Corp	0.8168	2.0501	20419789	-670757	-3.1804
2023-12-31	Bank of America Corp	0.7911	0.9867	19778293	-1605768	-7.5092
2023-12-31	Nuveen Asset Management, LLC	0.6966	2.7726	17413801	-272571	-1.5411
2023-12-31	Jennison Associates LLC	0.573	5.2866	14324925	-4578466	-24.2203
2023-12-31	GQG Partners LLC	0.5562	14.5732	13904224	-134885	-0.9608
2023-12-31	AllianceBernstein L.P.	0.5513	2.6266	13783534	1080783	8.5083
2023-12-31	Baillie Gifford & Co Limited.	0.5509	5.4046	13771912	-9855	-0.0715
2023-12-31	UBS Asset Mgmt Americas Inc	0.5501	2.6793	13753179	61545	0.4495
Total		40.1552	65.7121	1003881052	+15947217	+1.6%

3.2. Funds holding NVIDIA Corporation

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Performer (AFRIS)	14.0494	0.4587	351234555	351234555	0
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.9435	3.7549	73588684	-165491	-0.2244
2024-02-29	Vanguard Institutional 500 Index Trust	2.4668	4.562	61669914	628715	1.03
2024-03-28	SPDR® S&P 500 ETF Trust	1.2015	5.0508	30037211	175920	0.5891
2024-02-29	Fidelity 500 Index	1.185	4.5487	29623814	298091	1.0165
2024-02-29	AF High Growth (AFRIS)	1.0679	0.4828	26696968	26696968	0
2024-03-28	iShares Core S&P 500 ETF	1.0242	5.0514	25604394	188160	0.7403
2024-02-29	Vanguard Growth Index Investor	0.8724	7.7625	21809976	187376	0.8666
2024-03-28	Invesco QQQ Trust	0.7257	6.3144	18143170	21756	0.1201
2024-02-29	Vanguard Institutional Index I	0.6509	4.5475	16271341	-65267	-0.3995
2024-02-29	Fidelity Growth Compy Commingled Pl O	0.644	16.2373	16099693	-904400	-5.3187
2024-02-29	Global Balanced (AFRIS)	0.4899	1.0586	12247071	12247071	0
2024-02-29	Fidelity Growth Company Fund	0.4817	15.9675	12043050	-698500	-5.4821
2024-02-29	State St S&P 500® Indx SL Cl III	0.478	4.527	11951134	42500	0.3569
2024-02-29	Fidelity Contrafund	0.4026	6.0162	10064315	-16400	-0.1627
2024-02-29	Vanguard Information Technology ETF	0.4016	10.4303	10039331	4036943	67.2556
2024-02-29	Fidelity Blue Chip Growth	0.3844	12.9386	9609924	-352989	-3.543
2024-03-31	Blackrock Eq Idx Fund CF	0.353	5.0233	8824512	-5324	-0.0603
2023-12-31	American Funds Growth Fund of Amer A	0.3389	1.6848	8471878	925541	12.2648
2023-12-31	Capital Group Growth Fnd of Amer Comp	0.3389	1.6848	8471878	925541	12.2648
Total		30.5003	118.1021	762502813	+395400766	+51.9%

3.3. Insider Transactions

Insiders are holding 4.001% of the shares of NVIDIA Corporation.

Date	Owner	Type	Amount	Price
2024-04-05	Mark A Stevens	SELL	22700	879.97
2024-03-28	Mark A Stevens	SELL	11000	905.65
2024-03-25	John Dabiri	SELL	128	940
2024-03-22	Donald F Robertson Jr	SELL	450	911.62
2024-03-04	Mark A Stevens	SELL	12000	853.54
2024-02-26	Mark A Stevens	SELL	5000	800.74
2024-02-23	Mark A Stevens	SELL	10000	797.57
2024-01-12	Mark A Stevens	SELL	36000	546.95
2024-01-10	Mark A Stevens	SELL	35648	542.93
2024-01-08	Debora Shoquist	SELL	5676	500
2024-01-05	Donald F Robertson Jr	SELL	450	484.62
2023-12-18	Debora Shoquist	SELL	20000	500.04
2023-12-15	Dawn E Hudson	SELL	1000	492.52
2023-12-13	Mark A Stevens	SELL	10400	481.6
2023-11-29	Debora Shoquist	SELL	15824	482.42
2023-11-27	Mark A Stevens	SELL	10000	483.18
2023-11-27	Debora Shoquist	SELL	20000	481.85
2023-11-24	John Dabiri	SELL	218	484.99

4. Summary

4.1. Key Performance Indicators

The key performance indicators of NVIDIA Corporation compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	3.885	2.088	+86%	-0.404	+110%	0.673	+478%	0.385	+909%
Book Value Per Share	-	-	17.191	12.826	+34%	9.309	+85%	8.255	+108%	5.277	+226%
Current Ratio	-	-	4.171	3.493	+19%	3.960	+5%	5.603	-26%	5.872	-29%
Debt To Asset Ratio	-	-	0.346	0.406	-15%	0.451	-23%	0.400	-14%	0.386	-10%
Debt To Equity Ratio	-	-	0.529	0.693	-24%	0.825	-36%	0.683	-22%	0.639	-17%
Dividend Per Share	-	-	0.040	0.040	+0%	0.040	+0%	0.039	+1%	0.033	+19%
Eps	-	-	4.914	2.976	+65%	0.434	+1032%	1.016	+384%	0.608	+708%
Free Cash Flow Per Share	-	-	4.498	2.702	+66%	0.378	+1089%	0.955	+371%	0.571	+688%
Free Cash Flow To Equity Per Share	-	-	3.046	1.339	+128%	-0.777	+126%	0.549	+455%	0.302	+910%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	257.387	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	78.158	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	8.172	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	3.247	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	37.981	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	13.785	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	83.981	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	28.658	-	-	-	-	-	-	-	-
Market Cap	2060575000000.000	+25%	1538175000000.000	1104906250000.000	+39%	438342117500.000	+251%	789659933500.000	+95%	520400866750.000	+196%
Net Profit Margin	-	-	0.556	0.452	+23%	0.160	+247%	0.296	+88%	0.261	+113%
Operating Margin	-	-	0.616	0.498	+24%	0.193	+219%	0.322	+91%	0.274	+125%
Operating Ratio	-	-	0.384	0.502	-24%	0.807	-52%	0.683	-44%	0.718	-46%
Pb Ratio	47.945	+25%	35.790	34.302	+4%	18.736	+91%	41.997	-15%	39.803	-10%
Pe Ratio	41.933	+25%	31.302	47.741	-34%	114.317	-73%	143.883	-78%	137.287	-77%
Price Per Share	824.230	+25%	615.270	441.963	+39%	174.360	+253%	314.309	+96%	206.936	+197%
Price To Free Cash Flow Ratio	45.811	+25%	34.197	45.914	-26%	-79.686	+333%	93.207	-63%	114.255	-70%
Price To Total Gains Ratio	210.006	+25%	156.765	246.370	-36%	-1032.656	+759%	226.397	-31%	6740.865	-98%
Quick Ratio	-	-	5.144	4.194	+23%	5.164	0%	7.012	-27%	8.146	-37%
Return On Assets	-	-	0.187	0.132	+41%	0.026	+633%	0.061	+205%	0.055	+238%
Return On Equity	-	-	0.286	0.218	+31%	0.046	+519%	0.101	+182%	0.089	+220%
Total Gains Per Share	-	-	3.925	2.127	+85%	-0.364	+109%	0.712	+451%	0.418	+838%
Usd Book Value	-	-	42978000000.000	32066000000.000	+34%	23405250000.000	+84%	20745700000.000	+107%	13267558650.000	+224%
Usd Book Value Change Per Share	-	-	3.885	2.088	+86%	-0.404	+110%	0.673	+478%	0.385	+909%
Usd Book Value Per Share	-	-	17.191	12.826	+34%	9.309	+85%	8.255	+108%	5.277	+226%
Usd Dividend Per Share	-	-	0.040	0.040	+0%	0.040	+0%	0.039	+1%	0.033	+19%
Usd Eps	-	-	4.914	2.976	+65%	0.434	+1032%	1.016	+384%	0.608	+708%
Usd Free Cash Flow	-	-	11245000000.000	6755250000.000	+66%	952250000.000	+1081%	2396500000.000	+369%	1433756875.000	+684%
Usd Free Cash Flow Per Share	-	-	4.498	2.702	+66%	0.378	+1089%	0.955	+371%	0.571	+688%
Usd Free Cash Flow To Equity Per Share	-	-	3.046	1.339	+128%	-0.777	+126%	0.549	+455%	0.302	+910%
Usd Market Cap	2060575000000.000	+25%	1538175000000.000	1104906250000.000	+39%	438342117500.000	+251%	789659933500.000	+95%	520400866750.000	+196%
Usd Price Per Share	824.230	+25%	615.270	441.963	+39%	174.360	+253%	314.309	+96%	206.936	+197%
Usd Profit	-	-	12285000000.000	7439750000.000	+65%	1092000000.000	+1025%	2550350000.000	+382%	1527114675.000	+704%
Usd Revenue	-	-	22103000000.000	15230500000.000	+45%	6743500000.000	+228%	7120150000.000	+210%	4510862675.000	+390%
Usd Total Gains Per Share	-	-	3.925	2.127	+85%	-0.364	+109%	0.712	+451%	0.418	+838%
	EOD	+4 -4	MRQ	TTM	+32 -3	YOY	+31 -4	5Y	+31 -4	10Y	+31 -4

4.2. Fundamental Score

Let's check the fundamental score of NVIDIA Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	41.933
Price to Book Ratio (EOD)	Between	0-1	47.945
Net Profit Margin (MRQ)	Greater than	0	0.556
Operating Margin (MRQ)	Greater than	0	0.616
Quick Ratio (MRQ)	Greater than	1	5.144
Current Ratio (MRQ)	Greater than	1	4.171
Debt to Asset Ratio (MRQ)	Less than	1	0.346
Debt to Equity Ratio (MRQ)	Less than	1	0.529
Return on Equity (MRQ)	Greater than	0.15	0.286
Return on Assets (MRQ)	Greater than	0.05	0.187
Total			8/10 (80.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of NVIDIA Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	45.676
Ma 20	Greater than	Ma 50	867.225
Ma 50	Greater than	Ma 100	844.506
Ma 100	Greater than	Ma 200	693.891
Open	Greater than	Close	807.690
Total			3/5 (60.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2023-01-31		2023-04-30		2023-07-31		2023-10-31		2024-01-31
Accumulated Other Comprehensive Income		-43,000	-7,000	-50,000	-1,000	-51,000	-37,000	-88,000	115,000	27,000

Latest Balance Sheet

Balance Sheet of 2024-01-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	65,728,000
Total Liabilities	22,750,000
Total Stockholder Equity	42,978,000

	As reported
Total Liabilities	22,750,000
Total Stockholder Equity	+ 42,978,000
Total Assets	= 65,728,000

Assets

Total Assets	65,728,000
Total Current Assets	44,345,000
Long-term Assets	21,383,000

Total Current Assets

Total Current Assets (as reported)	44,345,000
Cash And Cash Equivalents	7,280,000
Short-term Investments	18,704,000
Net Receivables	9,999,000
Inventory	5,282,000
Other Current Assets	3,080,000
Total Current Assets (calculated)	44,345,000
+/-	0

Long-term Assets

Long-term Assets (as reported)	21,383,000
Property Plant Equipment	5,260,000
Goodwill	4,430,000
Long Term Investments	1,546,000
Intangible Assets	1,112,000
Long-term Assets Other	2,954,000
Long-term Assets (calculated)	15,302,000
+/-	6,081,000

Liabilities & Shareholders' Equity

Total Current Liabilities	10,631,000
Long-term Liabilities	12,119,000
Total Stockholder Equity	42,978,000

Total Current Liabilities

Total Current Liabilities (as reported)	10,631,000
Short-term Debt	1,478,000
Short Long Term Debt	1,250,000
Accounts payable	2,699,000
Other Current Liabilities	5,690,000
Total Current Liabilities (calculated)	11,117,000
+/-	486,000

Long-term Liabilities

Long-term Liabilities (as reported)	12,119,000
Long term Debt	8,459,000
Capital Lease Obligations	1,347,000
Long-term Liabilities Other	65,000
Long-term Liabilities (calculated)	9,871,000
+/-	2,248,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	42,978,000
Common Stock	2,000
Retained Earnings	29,817,000
Accumulated Other Comprehensive Income	27,000
Other Stockholders Equity	13,132,000
Total Stockholder Equity (calculated)	42,978,000
+/-	0

Other

Capital Stock	2,000
Cash and Short Term Investments	25,984,000
Common Stock Shares Outstanding	2,490,000
Current Deferred Revenue	764,000
Liabilities and Stockholders Equity	65,728,000
Net Debt	3,776,000
Net Invested Capital	52,687,000
Net Working Capital	33,714,000
Property Plant and Equipment Gross	8,769,000
Short Long Term Debt Total	11,056,000

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-01-31

2023-10-31

2023-07-31

2023-04-30

2023-01-31

2022-10-31

2022-07-31

2022-04-30

2022-01-31

2021-10-31

2021-07-31

2021-04-30

2021-01-31

2020-10-31

2020-07-31

2020-04-30

2020-01-31

2019-10-31

2019-07-31

2019-04-30

2019-01-31

2018-10-31

2018-07-31

2018-04-30

2018-01-31

2017-10-31

2017-07-31

2017-04-30

2017-01-31

2016-10-31

2016-07-31

2016-04-30

2016-01-31

2015-10-31

2015-07-31

2015-04-30

2015-01-31

2014-10-31

2014-07-31

2014-04-30

2014-01-31

2013-10-31

2013-07-31

2013-04-30

2013-01-31

2012-10-31

2012-07-31

2012-04-30

2012-01-31

2011-10-31

2011-07-31

2011-04-30

2011-01-31

2010-10-31

2010-07-31

2010-04-30

2010-01-31

2009-10-31

2009-07-31

2009-04-30

2009-01-31

2008-10-31

2008-07-31

2008-04-30

2008-01-31

2007-10-31

2007-07-31

2007-04-30

2007-01-31

2006-10-31

2006-07-31

2006-04-30

2006-01-31

2005-10-31

2005-07-31

2005-04-30

2005-01-31

2004-10-31

2004-07-31

2004-04-30

2004-01-31

2003-10-31

2003-07-31

2003-04-30

2003-01-31

2002-10-31

2002-07-31

2002-04-30

2002-01-31

2001-10-31

2001-07-31

2001-04-30

2001-01-31

2000-10-31

2000-07-31

2000-04-30

2000-01-31

1999-10-31

1999-07-31

1999-04-30

> Total Assets

126,700
134,400
157,600
202,300
447,791
507,183
983,346
1,016,427
1,081,784
1,189,258
1,247,350
1,503,000
1,503,174
1,615,154
1,629,697
1,617,015
1,687,533
1,780,113
1,458,780
1,399,344
1,458,190
1,480,889
1,539,656
1,628,536
1,635,094
1,728,218
1,805,508
1,915,299
2,161,453
2,184,000
2,183,829
2,675,263
2,800,868
3,036,267
3,475,263
3,747,671
3,807,458
3,960,049
3,648,898
3,350,727
3,178,704
3,298,409
3,463,574
3,585,918
3,803,030
3,731,268
3,915,579
4,495,246
4,736,744
4,913,614
5,089,043
5,552,928
5,708,167
5,891,881
6,075,144
6,412,245
6,279,527
5,569,592
5,711,373
7,250,894
6,864,663
6,933,719
6,885,869
7,201,368
7,291,000
6,979,000
7,174,000
7,370,000
7,108,000
7,461,000
9,612,000
9,841,000
9,410,000
9,402,000
9,830,000
11,241,000
11,460,000
12,882,000
13,657,000
13,292,000
14,021,000
14,775,000
15,810,000
17,315,000
23,254,000
25,180,000
26,881,000
28,791,000
30,796,000
38,650,000
40,632,000
44,187,000
45,212,000
43,476,000
40,488,000
41,182,000
44,460,000
49,555,000
54,148,000
65,728,000

65,728,000

54,148,000

49,555,000

44,460,000

41,182,000

40,488,000

43,476,000

45,212,000

44,187,000

40,632,000

38,650,000

30,796,000

28,791,000

26,881,000

25,180,000

23,254,000

17,315,000

15,810,000

14,775,000

14,021,000

13,292,000

13,657,000

12,882,000

11,460,000

11,241,000

9,830,000

9,402,000

9,410,000

9,841,000

9,612,000

7,461,000

7,108,000

7,370,000

7,174,000

6,979,000

7,291,000

7,201,368

6,885,869

6,933,719

6,864,663

7,250,894

5,711,373

5,569,592

6,279,527

6,412,245

6,075,144

5,891,881

5,708,167

5,552,928

5,089,043

4,913,614

4,736,744

4,495,246

3,915,579

3,731,268

3,803,030

3,585,918

3,463,574

3,298,409

3,178,704

3,350,727

3,648,898

3,960,049

3,807,458

3,747,671

3,475,263

3,036,267

2,800,868

2,675,263

2,183,829

2,184,000

2,161,453

1,915,299

1,805,508

1,728,218

1,635,094

1,628,536

1,539,656

1,480,889

1,458,190

1,399,344

1,458,780

1,780,113

1,687,533

1,617,015

1,629,697

1,615,154

1,503,174

1,503,000

1,247,350

1,189,258

1,081,784

1,016,427

983,346

507,183

447,791

202,300

157,600

134,400

126,700

> Total Current Assets

103,400
108,100
127,600
173,200
413,226
466,936
925,740
930,409
880,653
965,730
1,006,937
1,234,000
1,234,109
1,324,480
1,346,296
1,351,602
1,400,789
1,446,043
1,058,104
1,052,712
1,116,957
1,146,294
1,211,151
1,304,926
1,319,657
1,401,915
1,449,976
1,548,932
1,722,627
1,726,000
1,726,289
2,031,770
2,154,233
2,397,405
2,756,054
2,888,829
2,748,993
2,814,219
2,480,099
2,167,958
2,020,684
2,167,905
2,357,716
2,480,830
2,726,980
2,655,962
2,807,702
3,226,950
3,496,763
3,317,557
3,500,071
3,905,358
4,032,116
4,213,851
4,424,827
4,775,258
4,606,616
3,922,608
4,049,841
5,624,711
5,273,798
5,377,586
5,341,109
5,713,297
5,832,000
5,608,000
5,834,000
6,053,000
5,790,000
6,156,000
8,307,000
8,536,000
8,116,000
8,070,000
8,479,000
9,255,000
9,448,000
10,831,000
11,386,000
10,557,000
10,629,000
11,391,000
12,420,000
13,690,000
19,584,000
14,681,000
14,393,000
16,055,000
18,127,000
25,806,000
25,806,000
28,829,000
29,575,000
27,418,000
23,223,000
23,073,000
24,883,000
28,797,000
32,658,000
44,345,000

44,345,000

32,658,000

28,797,000

24,883,000

23,073,000

23,223,000

27,418,000

29,575,000

28,829,000

25,806,000

18,127,000

16,055,000

14,393,000

14,681,000

19,584,000

13,690,000

12,420,000

11,391,000

10,629,000

10,557,000

11,386,000

10,831,000

9,448,000

9,255,000

8,479,000

8,070,000

8,116,000

8,536,000

8,307,000

6,156,000

5,790,000

6,053,000

5,834,000

5,608,000

5,832,000

5,713,297

5,341,109

5,377,586

5,273,798

5,624,711

4,049,841

3,922,608

4,606,616

4,775,258

4,424,827

4,213,851

4,032,116

3,905,358

3,500,071

3,317,557

3,496,763

3,226,950

2,807,702

2,655,962

2,726,980

2,480,830

2,357,716

2,167,905

2,020,684

2,167,958

2,480,099

2,814,219

2,748,993

2,888,829

2,756,054

2,397,405

2,154,233

2,031,770

1,726,289

1,726,000

1,722,627

1,548,932

1,449,976

1,401,915

1,319,657

1,304,926

1,211,151

1,146,294

1,116,957

1,052,712

1,058,104

1,446,043

1,400,789

1,351,602

1,346,296

1,324,480

1,234,109

1,234,000

1,006,937

965,730

880,653

930,409

925,740

466,936

413,226

173,200

127,600

108,100

103,400

Cash And Cash Equivalents

51,800
46,800
55,200
61,600
269,800
289,205
694,883
674,275
627,301
681,078
398,491
333,000
333,000
246,816
322,535
346,994
278,796
274,297
231,813
214,422
196,675
180,579
156,687
208,512
281,004
242,170
364,308
551,756
487,763
388,000
388,423
544,414
678,951
914,745
1,056,702
726,969
803,308
719,143
461,253
417,688
512,274
523,785
614,490
447,221
447,262
377,003
451,000
665,361
683,633
532,614
566,816
667,876
369,135
499,618
525,388
732,786
561,423
591,321
562,084
1,151,587
509,165
515,092
394,683
496,654
464,000
435,000
471,000
596,000
547,000
426,000
1,940,000
1,766,000
1,989,000
1,988,000
2,802,000
4,002,000
765,000
718,000
721,000
782,000
2,772,000
7,105,000
9,765,000
10,896,000
15,494,000
3,274,000
2,251,000
847,000
978,000
5,628,000
1,288,000
1,990,000
3,887,000
3,013,000
2,800,000
3,389,000
5,079,000
5,783,000
5,519,000
7,280,000

7,280,000

5,519,000

5,783,000

5,079,000

3,389,000

2,800,000

3,013,000

3,887,000

1,990,000

1,288,000

5,628,000

978,000

847,000

2,251,000

3,274,000

15,494,000

10,896,000

9,765,000

7,105,000

2,772,000

782,000

721,000

718,000

765,000

4,002,000

2,802,000

1,988,000

1,989,000

1,766,000

1,940,000

426,000

547,000

596,000

471,000

435,000

464,000

496,654

394,683

515,092

509,165

1,151,587

562,084

591,321

561,423

732,786

525,388

499,618

369,135

667,876

566,816

532,614

683,633

665,361

451,000

377,003

447,262

447,221

614,490

523,785

512,274

417,688

461,253

719,143

803,308

726,969

1,056,702

914,745

678,951

544,414

388,423

388,000

487,763

551,756

364,308

242,170

281,004

208,512

156,687

180,579

196,675

214,422

231,813

274,297

278,796

346,994

322,535

246,816

333,000

398,491

681,078

627,301

674,275

694,883

289,205

269,800

61,600

55,200

46,800

51,800

Short-term Investments

0
0
0
0
0
0
0
24,500
0
0
318,674
458,000
458,377
579,595
589,042
681,419
771,542
737,290
380,313
389,621
460,628
432,745
431,163
461,533
450,508
475,376
421,870
398,418
467,290
463,000
462,744
573,436
628,073
656,818
796,251
1,082,509
818,331
938,087
843,635
837,702
825,873
942,320
1,019,589
1,281,006
1,317,634
1,395,497
1,536,046
1,825,202
2,042,908
1,941,882
2,181,538
2,461,700
2,761,677
2,778,482
2,909,384
2,995,097
3,151,928
2,344,572
2,470,870
3,520,223
3,838,652
3,870,962
3,846,114
4,126,685
4,328,000
4,070,000
4,257,000
4,441,000
4,207,000
4,453,000
4,731,000
5,032,000
4,217,000
3,889,000
3,518,000
3,106,000
6,535,000
7,225,000
6,870,000
6,640,000
5,030,000
1,370,000
4,000
1,000
860,000
7,707,000
7,888,000
10,714,000
11,689,000
14,026,000
18,010,000
19,218,000
16,451,000
14,024,000
10,343,000
9,907,000
10,241,000
10,240,000
12,762,000
18,704,000

18,704,000

12,762,000

10,240,000

10,241,000

9,907,000

10,343,000

14,024,000

16,451,000

19,218,000

18,010,000

14,026,000

11,689,000

10,714,000

7,888,000

7,707,000

860,000

1,000

4,000

1,370,000

5,030,000

6,640,000

6,870,000

7,225,000

6,535,000

3,106,000

3,518,000

3,889,000

4,217,000

5,032,000

4,731,000

4,453,000

4,207,000

4,441,000

4,257,000

4,070,000

4,328,000

4,126,685

3,846,114

3,870,962

3,838,652

3,520,223

2,470,870

2,344,572

3,151,928

2,995,097

2,909,384

2,778,482

2,761,677

2,461,700

2,181,538

1,941,882

2,042,908

1,825,202

1,536,046

1,395,497

1,317,634

1,281,006

1,019,589

942,320

825,873

837,702

843,635

938,087

818,331

1,082,509

796,251

656,818

628,073

573,436

462,744

463,000

467,290

398,418

421,870

475,376

450,508

461,533

431,163

432,745

460,628

389,621

380,313

737,290

771,542

681,419

589,042

579,595

458,377

458,000

318,674

24,500

Net Receivables

34,200
50,200
56,400
67,200
71,998
85,092
104,352
104,988
86,629
112,846
117,664
147,000
147,348
133,038
149,861
154,501
155,751
190,213
157,839
196,631
205,308
246,396
307,409
296,279
255,252
355,393
351,737
318,186
391,270
460,000
459,636
518,680
471,519
508,435
552,407
666,494
651,800
679,416
607,834
318,435
304,393
351,960
397,820
374,963
529,663
395,934
399,502
348,770
343,202
419,944
371,261
336,143
411,155
445,312
444,944
454,252
346,998
418,123
447,631
426,357
396,438
469,625
563,400
473,637
455,000
514,000
536,000
505,000
523,000
644,000
833,000
826,000
976,000
1,213,000
1,167,000
1,265,000
1,220,000
1,662,000
2,219,000
1,424,000
1,242,000
1,561,000
1,455,000
1,657,000
1,907,000
2,084,000
2,546,000
2,429,000
3,024,000
3,586,000
3,954,000
4,650,000
5,438,000
5,317,000
4,908,000
3,827,000
4,080,000
7,066,000
8,309,000
9,999,000

9,999,000

8,309,000

7,066,000

4,080,000

3,827,000

4,908,000

5,317,000

5,438,000

4,650,000

3,954,000

3,586,000

3,024,000

2,429,000

2,546,000

2,084,000

1,907,000

1,657,000

1,455,000

1,561,000

1,242,000

1,424,000

2,219,000

1,662,000

1,220,000

1,265,000

1,167,000

1,213,000

976,000

826,000

833,000

644,000

523,000

505,000

536,000

514,000

455,000

473,637

563,400

469,625

396,438

426,357

447,631

418,123

346,998

454,252

444,944

445,312

411,155

336,143

371,261

419,944

343,202

348,770

399,502

395,934

529,663

374,963

397,820

351,960

304,393

318,435

607,834

679,416

651,800

666,494

552,407

508,435

471,519

518,680

459,636

460,000

391,270

318,186

351,737

355,393

255,252

296,279

307,409

246,396

205,308

196,631

157,839

190,213

155,751

154,501

149,861

133,038

147,348

147,000

117,664

112,846

86,629

104,988

104,352

85,092

71,998

67,200

56,400

50,200

34,200

Inventory

15,200
8,400
11,700
37,600
55,241
68,135
93,192
89,905
86,770
89,610
120,488
214,000
213,877
285,350
205,043
145,046
165,785
217,859
260,819
234,238
234,796
266,985
297,551
315,518
307,759
300,955
284,847
254,792
346,366
379,000
378,661
354,680
332,635
276,305
306,143
358,521
420,126
432,279
523,988
537,834
327,259
279,216
277,643
330,674
388,139
434,227
377,812
345,525
380,964
361,911
319,602
340,297
342,707
387,185
428,983
419,686
377,597
378,280
380,319
387,765
393,280
387,434
408,081
482,893
438,000
441,000
425,000
418,000
394,000
521,000
679,000
794,000
821,000
855,000
857,000
796,000
797,000
1,090,000
1,417,000
1,575,000
1,426,000
1,204,000
1,047,000
979,000
1,128,000
1,401,000
1,495,000
1,826,000
1,992,000
2,114,000
2,233,000
2,605,000
3,163,000
3,889,000
4,454,000
5,159,000
4,611,000
4,319,000
4,779,000
5,282,000

5,282,000

4,779,000

4,319,000

4,611,000

5,159,000

4,454,000

3,889,000

3,163,000

2,605,000

2,233,000

2,114,000

1,992,000

1,826,000

1,495,000

1,401,000

1,128,000

979,000

1,047,000

1,204,000

1,426,000

1,575,000

1,417,000

1,090,000

797,000

796,000

857,000

855,000

821,000

794,000

679,000

521,000

394,000

418,000

425,000

441,000

438,000

482,893

408,081

387,434

393,280

387,765

380,319

378,280

377,597

419,686

428,983

387,185

342,707

340,297

319,602

361,911

380,964

345,525

377,812

434,227

388,139

330,674

277,643

279,216

327,259

537,834

523,988

432,279

420,126

358,521

306,143

276,305

332,635

354,680

378,661

379,000

346,366

254,792

284,847

300,955

307,759

315,518

297,551

266,985

234,796

234,238

260,819

217,859

165,785

145,046

205,043

285,350

213,877

214,000

120,488

89,610

86,770

89,905

93,192

68,135

55,241

37,600

11,700

8,400

15,200

Other Current Assets

2,200
2,700
4,300
6,800
16,187
24,504
33,313
61,241
80,000
82,000
52,000
82,000
82,000
79,000
79,815
23,642
28,915
26,384
27,320
17,800
19,550
19,589
18,341
23,084
25,134
28,021
27,214
25,780
29,938
36,825
8,816
40,560
43,055
41,102
44,551
54,336
55,428
45,294
43,389
56,299
50,885
70,624
1,634,079
46,966
1,764,896
1,772,500
1,987,220
42,092
2,726,541
2,474,496
2,748,354
19,465
16,624
19,249
32,746
35,265
23,036
36,678
40,823
70,285
71,067
67,776
67,333
70,174
89,000
89,000
93,000
93,000
119,000
112,000
124,000
118,000
113,000
125,000
135,000
86,000
131,000
136,000
159,000
136,000
159,000
151,000
149,000
157,000
195,000
215,000
213,000
239,000
132,000
129,000
321,000
366,000
636,000
1,175,000
718,000
791,000
872,000
1,389,000
1,289,000
3,080,000

3,080,000

1,289,000

1,389,000

872,000

791,000

718,000

1,175,000

636,000

366,000

321,000

129,000

132,000

239,000

213,000

215,000

195,000

157,000

149,000

151,000

159,000

136,000

159,000

136,000

131,000

86,000

135,000

125,000

113,000

118,000

124,000

112,000

119,000

93,000

89,000

70,174

67,333

67,776

71,067

70,285

40,823

36,678

23,036

35,265

32,746

19,249

16,624

19,465

2,748,354

2,474,496

2,726,541

42,092

1,987,220

1,772,500

1,764,896

46,966

1,634,079

70,624

50,885

56,299

43,389

45,294

55,428

54,336

44,551

41,102

43,055

40,560

8,816

36,825

29,938

25,780

27,214

28,021

25,134

23,084

18,341

19,589

19,550

17,800

27,320

26,384

28,915

23,642

79,815

79,000

82,000

52,000

82,000

80,000

61,241

33,313

24,504

16,187

6,800

4,300

2,700

2,200

> Long-term Assets

23,300
26,300
30,000
29,100
34,565
40,247
57,606
86,018
201,131
223,528
240,413
269,000
269,065
290,674
283,401
265,413
286,744
334,070
400,676
346,632
341,233
334,595
328,505
323,610
315,437
326,303
355,532
366,367
438,826
0
457,540
643,493
646,635
638,862
719,209
858,842
1,058,465
1,145,830
1,168,799
1,182,769
1,158,020
1,130,504
1,105,858
1,105,088
1,076,050
1,075,306
1,107,877
1,268,296
1,239,981
1,596,057
1,588,972
1,647,570
1,676,051
1,678,030
1,650,317
1,636,987
1,672,911
1,646,984
1,661,532
1,626,183
1,590,865
1,556,133
1,544,760
1,488,071
1,459,000
1,371,000
1,340,000
1,317,000
1,318,000
1,305,000
1,305,000
1,305,000
1,294,000
1,332,000
1,351,000
1,986,000
2,012,000
2,051,000
2,271,000
2,735,000
3,392,000
3,384,000
3,390,000
3,625,000
3,670,000
10,499,000
12,488,000
12,736,000
12,669,000
12,844,000
14,826,000
15,358,000
15,637,000
16,058,000
17,265,000
18,109,000
19,577,000
20,758,000
21,490,000
21,383,000

21,383,000

21,490,000

20,758,000

19,577,000

18,109,000

17,265,000

16,058,000

15,637,000

15,358,000

14,826,000

12,844,000

12,669,000

12,736,000

12,488,000

10,499,000

3,670,000

3,625,000

3,390,000

3,384,000

3,392,000

2,735,000

2,271,000

2,051,000

2,012,000

1,986,000

1,351,000

1,332,000

1,294,000

1,305,000

1,318,000

1,317,000

1,340,000

1,371,000

1,459,000

1,488,071

1,544,760

1,556,133

1,590,865

1,626,183

1,661,532

1,646,984

1,672,911

1,636,987

1,650,317

1,678,030

1,676,051

1,647,570

1,588,972

1,596,057

1,239,981

1,268,296

1,107,877

1,075,306

1,076,050

1,105,088

1,105,858

1,130,504

1,158,020

1,182,769

1,168,799

1,145,830

1,058,465

858,842

719,209

638,862

646,635

643,493

457,540

438,826

366,367

355,532

326,303

315,437

323,610

328,505

334,595

341,233

346,632

400,676

334,070

286,744

265,413

283,401

290,674

269,065

269,000

240,413

223,528

201,131

86,018

57,606

40,247

34,565

29,100

30,000

26,300

23,300

Property Plant Equipment

22,700
22,700
26,600
25,900
30,443
34,908
37,425
47,280
74,333
94,863
108,695
120,000
120,128
143,578
138,778
135,152
148,904
198,945
196,230
190,029
185,041
182,988
182,198
178,955
169,236
178,951
178,505
178,152
180,206
177,144
177,144
260,828
271,190
264,832
322,946
359,808
522,056
599,478
609,674
625,798
601,053
582,914
565,296
571,858
548,916
542,216
585,672
568,857
553,366
550,896
551,757
560,072
553,541
574,056
566,540
576,144
588,023
578,948
595,418
582,740
570,802
556,911
566,601
557,282
547,000
497,000
477,000
466,000
479,000
485,000
503,000
521,000
539,000
578,000
600,000
997,000
1,066,000
1,162,000
1,292,000
1,404,000
2,009,000
2,019,000
2,044,000
2,292,000
2,310,000
2,665,000
2,740,000
2,856,000
2,995,000
3,165,000
3,339,000
3,607,000
3,772,000
4,085,000
4,701,000
4,845,000
4,834,000
5,034,000
5,160,000
5,260,000

5,260,000

5,160,000

5,034,000

4,834,000

4,845,000

4,701,000

4,085,000

3,772,000

3,607,000

3,339,000

3,165,000

2,995,000

2,856,000

2,740,000

2,665,000

2,310,000

2,292,000

2,044,000

2,019,000

2,009,000

1,404,000

1,292,000

1,162,000

1,066,000

997,000

600,000

578,000

539,000

521,000

503,000

485,000

479,000

466,000

477,000

497,000

547,000

557,282

566,601

556,911

570,802

582,740

595,418

578,948

588,023

576,144

566,540

574,056

553,541

560,072

551,757

550,896

553,366

568,857

585,672

542,216

548,916

571,858

565,296

582,914

601,053

625,798

609,674

599,478

522,056

359,808

322,946

264,832

271,190

260,828

177,144

180,206

178,152

178,505

178,951

169,236

178,955

182,198

182,988

185,041

190,029

196,230

198,945

148,904

135,152

138,778

143,578

120,128

120,000

108,695

94,863

74,333

47,280

37,425

34,908

30,443

25,900

26,600

22,700

Goodwill

0
0
0
0
0
0
0
24,000
86,232
81,000
85,000
50,000
81,119
80,462
78,000
54,000
55,139
55,139
108,497
109,000
108,780
108,566
108,107
108,107
108,107
108,107
133,000
145,000
204,603
204,000
203,657
301,425
291,077
293,383
292,934
354,057
371,019
365,800
366,286
369,844
369,844
369,844
369,844
369,844
369,844
369,844
369,844
369,844
369,844
593,513
648,053
641,030
641,030
641,030
641,030
641,030
641,030
641,030
643,179
643,179
643,179
643,179
643,179
618,179
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
618,000
628,000
4,193,000
4,193,000
4,193,000
4,193,000
4,193,000
4,302,000
4,349,000
4,365,000
4,372,000
4,372,000
4,372,000
4,430,000
4,430,000
4,430,000
4,430,000

4,430,000

4,372,000

4,365,000

4,349,000

4,302,000

4,193,000

628,000

618,000

618,179

643,179

641,030

648,053

593,513

369,844

366,286

365,800

371,019

354,057

292,934

293,383

291,077

301,425

203,657

204,000

204,603

145,000

133,000

108,107

108,566

108,780

109,000

108,497

55,139

54,000

78,000

80,462

81,119

50,000

85,000

81,000

86,232

24,000

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
106,000
144,000
146,000
147,000
308,000
266,000
285,000
307,000
314,000
299,000
505,000
800,000
1,172,000
1,546,000

1,546,000

1,172,000

800,000

505,000

299,000

314,000

307,000

285,000

266,000

308,000

147,000

146,000

144,000

106,000

Intangible Assets

0
0
0
0
0
0
0
0
0
80,969
85,210
31,000
31,000
80,462
78,158
76,471
82,352
79,088
153,512
148,872
148,937
143,330
138,175
135,621
135,523
131,375
152,314
160,738
22,989
29,000
29,428
45,511
50,914
54,735
78,173
106,926
125,001
145,148
155,646
147,101
142,446
135,678
127,817
120,458
115,423
118,879
112,642
288,745
278,761
358,136
342,839
326,136
363,395
346,938
331,248
312,332
336,733
322,520
320,589
296,012
277,530
260,613
241,301
221,714
205,000
190,000
172,000
166,000
155,000
138,000
120,000
104,000
90,000
76,000
63,000
52,000
55,000
51,000
49,000
45,000
54,000
49,000
43,000
49,000
80,000
2,854,000
2,861,000
2,737,000
2,613,000
2,478,000
2,454,000
2,339,000
2,211,000
2,036,000
1,850,000
1,676,000
1,541,000
1,395,000
1,251,000
1,112,000

1,112,000

1,251,000

1,395,000

1,541,000

1,676,000

1,850,000

2,036,000

2,211,000

2,339,000

2,454,000

2,478,000

2,613,000

2,737,000

2,861,000

2,854,000

80,000

49,000

43,000

49,000

54,000

45,000

49,000

51,000

55,000

52,000

63,000

76,000

90,000

104,000

120,000

138,000

155,000

166,000

172,000

190,000

205,000

221,714

241,301

260,613

277,530

296,012

320,589

322,520

336,733

312,332

331,248

346,938

363,395

326,136

342,839

358,136

278,761

288,745

112,642

118,879

115,423

120,458

127,817

135,678

142,446

147,101

155,646

145,148

125,001

106,926

78,173

54,735

50,914

45,511

29,428

29,000

22,989

160,738

152,314

131,375

135,523

135,621

138,175

143,330

148,937

148,872

153,512

79,088

82,352

76,471

78,158

80,462

31,000

85,210

80,969

Long-term Assets Other

600
3,600
3,400
3,200
4,122
5,339
20,181
14,738
10,513
11,681
10,884
68,000
12,274
10,188
66,465
10,473
55,488
56,037
6,733
7,731
7,255
8,277
8,132
9,034
10,678
15,977
24,713
27,477
31,028
36,000
37,527
28,349
33,454
25,912
25,156
38,051
40,389
35,404
37,193
40,026
44,677
42,068
42,901
20,866
41,867
44,367
39,719
22,602
38,010
93,512
46,323
102,491
118,085
116,006
111,499
93,924
107,125
104,486
102,346
104,252
99,354
95,430
93,679
90,896
89,000
66,000
73,000
67,000
66,000
64,000
64,000
62,000
47,000
60,000
70,000
319,000
273,000
220,000
312,000
668,000
110,000
110,000
116,000
118,000
119,000
157,000
1,922,000
2,000,000
1,944,000
1,903,000
3,453,000
3,575,000
3,220,000
3,033,000
3,266,000
3,521,000
3,699,000
3,701,000
3,495,000
2,954,000

2,954,000

3,495,000

3,701,000

3,699,000

3,521,000

3,266,000

3,033,000

3,220,000

3,575,000

3,453,000

1,903,000

1,944,000

2,000,000

1,922,000

157,000

119,000

118,000

116,000

110,000

668,000

312,000

220,000

273,000

319,000

70,000

60,000

47,000

62,000

64,000

66,000

67,000

73,000

66,000

89,000

90,896

93,679

95,430

99,354

104,252

102,346

104,486

107,125

93,924

111,499

116,006

118,085

102,491

46,323

93,512

38,010

22,602

39,719

44,367

41,867

20,866

42,901

42,068

44,677

40,026

37,193

35,404

40,389

38,051

25,156

25,912

33,454

28,349

37,527

36,000

31,028

27,477

24,713

15,977

10,678

9,034

8,132

8,277

7,255

7,731

6,733

56,037

55,488

10,473

66,465

10,188

12,274

68,000

10,884

11,681

10,513

14,738

20,181

5,339

4,122

3,200

3,400

3,600

600

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
601,000
588,000
569,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

569,000

588,000

601,000

> Total Liabilities

50,000
51,900
59,200
77,700
285,345
301,093
621,873
610,713
618,488
661,687
636,714
739,000
739,355
731,622
750,420
684,328
726,703
784,260
449,098
348,159
372,087
385,727
431,245
450,268
404,507
452,985
456,067
457,543
552,802
529,000
529,281
668,344
704,974
775,989
997,337
1,129,759
1,070,280
1,297,134
1,161,823
956,075
859,828
1,051,000
1,039,939
920,778
942,385
970,754
1,017,699
1,313,784
1,288,936
1,224,145
1,115,593
1,407,204
1,420,739
1,438,216
1,352,298
1,584,542
1,455,343
1,397,419
1,390,726
2,794,496
2,697,678
2,628,933
2,681,276
2,783,386
2,735,000
2,794,000
2,709,000
2,901,000
2,912,000
2,981,000
4,288,000
4,079,000
3,278,000
3,429,000
3,478,000
3,770,000
3,743,000
4,087,000
4,182,000
3,950,000
4,317,000
4,439,000
4,596,000
5,111,000
10,155,000
11,266,000
11,547,000
11,898,000
12,022,000
17,503,000
16,834,000
17,575,000
18,892,000
19,625,000
19,139,000
19,081,000
19,940,000
22,054,000
20,883,000
22,750,000

22,750,000

20,883,000

22,054,000

19,940,000

19,081,000

19,139,000

19,625,000

18,892,000

17,575,000

16,834,000

17,503,000

12,022,000

11,898,000

11,547,000

11,266,000

10,155,000

5,111,000

4,596,000

4,439,000

4,317,000

3,950,000

4,182,000

4,087,000

3,743,000

3,770,000

3,478,000

3,429,000

3,278,000

4,079,000

4,288,000

2,981,000

2,912,000

2,901,000

2,709,000

2,794,000

2,735,000

2,783,386

2,681,276

2,628,933

2,697,678

2,794,496

1,390,726

1,397,419

1,455,343

1,584,542

1,352,298

1,438,216

1,420,739

1,407,204

1,115,593

1,224,145

1,288,936

1,313,784

1,017,699

970,754

942,385

920,778

1,039,939

1,051,000

859,828

956,075

1,161,823

1,297,134

1,070,280

1,129,759

997,337

775,989

704,974

668,344

529,281

529,000

552,802

457,543

456,067

452,985

404,507

450,268

431,245

385,727

372,087

348,159

449,098

784,260

726,703

684,328

750,420

731,622

739,355

739,000

636,714

661,687

618,488

610,713

621,873

301,093

285,345

77,700

59,200

51,900

50,000

> Total Current Liabilities

38,700
45,000
52,200
76,200
84,398
100,421
121,229
110,335
118,181
160,151
329,773
433,000
433,494
423,696
444,080
379,448
416,509
476,238
435,502
334,112
358,551
374,036
415,153
421,156
375,520
425,498
427,167
438,659
534,386
505,000
505,044
638,807
623,867
680,798
856,442
967,161
876,552
1,135,016
1,004,465
778,591
702,172
891,321
888,806
784,378
765,293
819,139
816,489
942,682
981,166
960,299
886,684
929,958
947,404
1,021,960
991,359
976,223
925,577
935,791
985,927
945,496
897,945
868,729
933,907
896,030
883,000
936,000
855,000
2,438,000
2,456,000
2,479,000
2,086,000
1,819,000
990,000
1,034,000
1,028,000
1,153,000
1,106,000
1,462,000
1,608,000
1,329,000
1,183,000
1,317,000
1,475,000
1,784,000
1,903,000
2,410,000
3,669,000
3,925,000
4,004,000
4,448,000
3,612,000
4,335,000
5,562,000
7,573,000
6,855,000
6,563,000
7,260,000
10,334,000
9,101,000
10,631,000

10,631,000

9,101,000

10,334,000

7,260,000

6,563,000

6,855,000

7,573,000

5,562,000

4,335,000

3,612,000

4,448,000

4,004,000

3,925,000

3,669,000

2,410,000

1,903,000

1,784,000

1,475,000

1,317,000

1,183,000

1,329,000

1,608,000

1,462,000

1,106,000

1,153,000

1,028,000

1,034,000

990,000

1,819,000

2,086,000

2,479,000

2,456,000

2,438,000

855,000

936,000

883,000

896,030

933,907

868,729

897,945

945,496

985,927

935,791

925,577

976,223

991,359

1,021,960

947,404

929,958

886,684

960,299

981,166

942,682

816,489

819,139

765,293

784,378

888,806

891,321

702,172

778,591

1,004,465

1,135,016

876,552

967,161

856,442

680,798

623,867

638,807

505,044

505,000

534,386

438,659

427,167

425,498

375,520

421,156

415,153

374,036

358,551

334,112

435,502

476,238

416,509

379,448

444,080

423,696

433,494

433,000

329,773

160,151

118,181

110,335

121,229

100,421

84,398

76,200

52,200

45,000

38,700

Short-term Debt

1,900
1,800
2,000
1,800
1,550
1,104
685
588
429
2,019
4,014
0
3,896
5,607
5,580
5,676
6,203
6,528
5,788
4,015
3,043
2,038
1,360
856
345
0
0
0
0
0
340
0
0
0
0
0
0
0
0
0
0
0
354,034
390,277
0
0
0
336,380
0
0
0
288,798
251,780
300,726
295,026
311,030
293,412
317,953
314,562
308,110
287,927
303,369
315,049
142,073
136,000
192,000
163,000
1,500,000
1,500,000
1,500,000
1,056,000
827,000
222,000
86,000
24,000
15,000
14,000
14,000
3,000
665,000
80,000
84,000
89,000
91,000
100,000
124,000
998,000
999,000
1,134,000
1,000,000
140,000
1,409,000
0
1,249,000
1,249,000
1,250,000
1,437,000
1,457,000
1,479,000
1,478,000

1,478,000

1,479,000

1,457,000

1,437,000

1,250,000

1,249,000

1,409,000

140,000

1,000,000

1,134,000

999,000

998,000

124,000

100,000

91,000

89,000

84,000

80,000

665,000

3,000

14,000

15,000

24,000

86,000

222,000

827,000

1,056,000

1,500,000

163,000

192,000

136,000

142,073

315,049

303,369

287,927

308,110

314,562

317,953

293,412

311,030

295,026

300,726

251,780

288,798

336,380

390,277

354,034

340

345

856

1,360

2,038

3,043

4,015

5,788

6,528

6,203

5,676

5,580

5,607

3,896

4,014

2,019

429

588

685

1,104

1,550

1,800

2,000

1,800

1,900

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,398,000
0
0
0
1,413,000
1,421,000
1,428,000
1,011,000
796,000
215,000
2,076,000
23,000
15,000
14,000
14,000
3,000
0
80,000
0
0
0
0
0
998,000
999,000
999,000
1,000,000
0
0
0
1,249,000
1,249,000
1,250,000
1,250,000
1,249,000
1,249,000
1,250,000

1,250,000

1,249,000

1,250,000

1,249,000

1,000,000

999,000

998,000

80,000

3,000

14,000

15,000

23,000

2,076,000

215,000

796,000

1,011,000

1,428,000

1,421,000

1,413,000

1,398,000

Accounts payable

27,500
34,800
43,000
64,900
68,527
75,887
86,716
76,535
72,048
88,737
108,953
214,000
214,019
165,395
170,589
141,129
234,437
282,397
242,309
185,342
214,618
223,201
262,960
238,223
182,146
221,047
179,777
179,395
298,147
230,916
230,916
272,075
334,046
323,381
449,792
492,099
427,855
438,892
387,252
218,864
226,114
275,978
321,530
344,527
362,740
280,041
324,770
286,138
346,295
297,813
307,943
335,072
395,578
417,250
390,265
356,428
328,259
310,271
333,283
324,391
309,008
261,627
328,097
293,223
222,000
277,000
295,000
296,000
320,000
423,000
523,000
485,000
348,000
431,000
511,000
596,000
623,000
800,000
902,000
511,000
368,000
437,000
591,000
687,000
761,000
893,000
1,097,000
1,201,000
1,218,000
1,474,000
1,664,000
1,783,000
1,999,000
2,421,000
1,491,000
1,193,000
1,141,000
1,929,000
2,380,000
2,699,000

2,699,000

2,380,000

1,929,000

1,141,000

1,193,000

1,491,000

2,421,000

1,999,000

1,783,000

1,664,000

1,474,000

1,218,000

1,201,000

1,097,000

893,000

761,000

687,000

591,000

437,000

368,000

511,000

902,000

800,000

623,000

596,000

511,000

431,000

348,000

485,000

523,000

423,000

320,000

296,000

295,000

277,000

222,000

293,223

328,097

261,627

309,008

324,391

333,283

310,271

328,259

356,428

390,265

417,250

395,578

335,072

307,943

297,813

346,295

286,138

324,770

280,041

362,740

344,527

321,530

275,978

226,114

218,864

387,252

438,892

427,855

492,099

449,792

323,381

334,046

272,075

230,916

298,147

179,395

179,777

221,047

182,146

238,223

262,960

223,201

214,618

185,342

242,309

282,397

234,437

141,129

170,589

165,395

214,019

214,000

108,953

88,737

72,048

76,535

86,716

75,887

68,527

64,900

43,000

34,800

27,500

Other Current Liabilities

9,300
8,400
7,200
9,500
14,321
23,430
33,828
33,212
46,000
71,000
73,625
148,807
145,386
190,274
204,416
4,176
525
4,117
187,405
144,755
140,890
148,797
150,833
170,577
193,029
198,867
247,390
259,264
229,434
231,937
272,899
365,552
285,435
353,833
402,987
469,206
433,989
685,301
613,182
559,727
476,058
615,343
198,133
29,950
402,553
539,098
491,719
71,300
634,871
662,486
578,741
35,439
27,679
30,802
37,065
35,160
34,337
40,315
55,424
30,590
25,299
26,700
32,126
167,999
148,000
146,000
168,000
320,000
286,000
305,000
337,000
422,000
374,000
443,000
428,000
489,000
413,000
571,000
623,000
61,000
650,000
669,000
676,000
865,000
868,000
1,171,000
1,339,000
1,437,000
1,319,000
1,673,000
1,510,000
843,000
3,229,000
3,544,000
3,777,000
3,766,000
4,315,000
6,527,000
4,729,000
5,690,000

5,690,000

4,729,000

6,527,000

4,315,000

3,766,000

3,777,000

3,544,000

3,229,000

843,000

1,510,000

1,673,000

1,319,000

1,437,000

1,339,000

1,171,000

868,000

865,000

676,000

669,000

650,000

61,000

623,000

571,000

413,000

489,000

428,000

443,000

374,000

422,000

337,000

305,000

286,000

320,000

168,000

146,000

148,000

167,999

32,126

26,700

25,299

30,590

55,424

40,315

34,337

35,160

37,065

30,802

27,679

35,439

578,741

662,486

634,871

71,300

491,719

539,098

402,553

29,950

198,133

615,343

476,058

559,727

613,182

685,301

433,989

469,206

402,987

353,833

285,435

365,552

272,899

231,937

229,434

259,264

247,390

198,867

193,029

170,577

150,833

148,797

140,890

144,755

187,405

4,117

525

4,176

204,416

190,274

145,386

148,807

73,625

71,000

46,000

33,212

33,828

23,430

14,321

9,500

7,200

8,400

9,300

> Long-term Liabilities

11,300
6,900
7,000
1,500
200,947
200,672
500,644
500,378
500,307
501,536
306,941
306,000
305,861
307,926
306,340
304,880
310,194
308,022
13,596
14,047
13,536
11,691
16,092
29,112
28,987
27,487
28,900
18,884
18,416
0
24,237
29,537
81,107
95,191
140,895
162,598
193,728
162,118
157,358
177,484
157,656
159,679
151,133
136,400
177,092
151,615
201,210
371,102
307,770
263,846
228,909
477,246
473,335
416,256
360,939
608,319
529,766
461,628
404,799
1,849,000
1,799,733
1,760,204
1,747,369
1,887,356
1,852,000
1,858,000
1,854,000
463,000
456,000
502,000
2,202,000
2,260,000
2,288,000
2,395,000
2,450,000
2,617,000
2,637,000
2,625,000
2,574,000
2,621,000
3,134,000
3,122,000
3,121,000
3,327,000
8,252,000
8,856,000
7,878,000
7,973,000
8,018,000
13,055,000
13,222,000
13,240,000
13,330,000
12,052,000
12,284,000
12,518,000
12,680,000
11,720,000
11,782,000
12,119,000

12,119,000

11,782,000

11,720,000

12,680,000

12,518,000

12,284,000

12,052,000

13,330,000

13,240,000

13,222,000

13,055,000

8,018,000

7,973,000

7,878,000

8,856,000

8,252,000

3,327,000

3,121,000

3,122,000

3,134,000

2,621,000

2,574,000

2,625,000

2,637,000

2,617,000

2,450,000

2,395,000

2,288,000

2,260,000

2,202,000

502,000

456,000

463,000

1,854,000

1,858,000

1,852,000

1,887,356

1,747,369

1,760,204

1,799,733

1,849,000

404,799

461,628

529,766

608,319

360,939

416,256

473,335

477,246

228,909

263,846

307,770

371,102

201,210

151,615

177,092

136,400

151,133

159,679

157,656

177,484

157,358

162,118

193,728

162,598

140,895

95,191

81,107

29,537

24,237

18,416

18,884

28,900

27,487

28,987

29,112

16,092

11,691

13,536

14,047

13,596

308,022

310,194

304,880

306,340

307,926

305,861

306,000

306,941

501,536

500,307

500,378

500,644

200,672

200,947

1,500

7,000

6,900

11,300

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,760
24,450
24,098
23,734
23,359
23,389
22,957
22,493
21,949
21,439
20,830
20,237
19,627
18,998
18,333
17,685
17,015
1,373,875
1,379,959
1,386,091
1,392,236
1,398,428
1,404,000
1,411,000
1,417,000
10,000
9,000
8,000
1,989,000
1,989,000
1,988,000
1,987,000
1,986,000
1,985,000
1,986,000
1,987,000
1,987,000
1,988,000
1,988,000
1,989,000
1,990,000
1,991,000
6,959,000
6,960,000
5,963,000
5,964,000
5,964,000
10,943,000
10,944,000
10,946,000
10,947,000
0
9,701,000
9,703,000
9,704,000
8,456,000
0
0

8,456,000

9,704,000

9,703,000

9,701,000

10,947,000

10,946,000

10,944,000

10,943,000

5,964,000

5,963,000

6,960,000

6,959,000

1,991,000

1,990,000

1,989,000

1,988,000

1,987,000

1,986,000

1,985,000

1,986,000

1,987,000

1,988,000

1,989,000

8,000

9,000

10,000

1,417,000

1,411,000

1,404,000

1,398,428

1,392,236

1,386,091

1,379,959

1,373,875

17,015

17,685

18,333

18,998

19,627

20,237

20,830

21,439

21,949

22,493

22,957

23,389

23,359

23,734

24,098

24,450

24,760

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
601,000
588,000
569,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

569,000

588,000

601,000

Warrants

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
87,000
79,000
72,000
45,000
31,000
7,000
2,000
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,000

2,000

7,000

31,000

45,000

72,000

79,000

87,000

Other Liabilities

0
0
0
500
200,250
200,000
200,000
200,000
200,000
197,864
0
0
0
0
0
0
6,000
4,500
4,582
4,582
4,582
3,082
7,483
8,358
8,233
6,733
8,146
20,036
17,682
24,237
27,667
29,537
81,107
63,294
80,997
75,698
79,132
73,162
72,351
76,598
72,428
79,814
69,320
94,211
91,179
95,708
130,606
301,584
230,269
163,134
129,231
322,519
319,501
252,854
169,254
396,371
318,194
246,904
183,420
317,172
244,538
181,411
144,745
256,621
194,000
155,000
112,000
239,000
114,000
122,000
125,000
161,000
148,000
158,000
170,000
614,000
651,000
638,000
587,000
633,000
660,000
650,000
662,000
775,000
774,000
1,285,000
1,311,000
1,375,000
1,414,000
1,396,000
1,535,000
1,553,000
1,631,000
1,609,000
1,785,000
1,913,000
0
2,223,000
0
0

2,223,000

1,913,000

1,785,000

1,609,000

1,631,000

1,553,000

1,535,000

1,396,000

1,414,000

1,375,000

1,311,000

1,285,000

774,000

775,000

662,000

650,000

660,000

633,000

587,000

638,000

651,000

614,000

170,000

158,000

148,000

161,000

125,000

122,000

114,000

239,000

112,000

155,000

194,000

256,621

144,745

181,411

244,538

317,172

183,420

246,904

318,194

396,371

169,254

252,854

319,501

322,519

129,231

163,134

230,269

301,584

130,606

95,708

91,179

94,211

69,320

79,814

72,428

76,598

72,351

73,162

79,132

75,698

80,997

63,294

81,107

29,537

27,667

24,237

17,682

20,036

8,146

6,733

8,233

8,358

7,483

3,082

4,582

4,500

6,000

197,864

200,000

200,250

500

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000
2,000
4,000
5,000
6,000
10,000
15,000
18,000
27,000
40,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

40,000

27,000

18,000

15,000

10,000

6,000

5,000

4,000

2,000

1,000

> Total Stockholder Equity

76,700
82,500
98,400
124,600
162,446
206,090
361,473
405,714
463,296
527,571
610,636
764,000
763,819
883,532
879,277
932,687
960,830
995,853
1,009,682
1,051,185
1,086,103
1,095,162
1,108,411
1,178,268
1,230,587
1,275,233
1,349,441
1,457,756
1,608,651
1,654,548
1,654,548
2,006,919
2,095,894
2,260,278
2,477,926
2,617,912
2,737,178
2,662,915
2,487,075
2,394,652
2,318,876
2,247,409
2,423,635
2,665,140
2,860,645
2,760,514
2,897,880
3,181,462
3,447,808
3,689,469
3,973,450
4,145,724
4,287,428
4,453,665
4,722,846
4,827,703
4,824,184
4,172,173
4,320,647
4,456,398
4,166,985
4,304,786
4,204,593
4,417,982
4,556,000
4,185,000
4,465,000
4,469,000
4,196,000
4,480,000
5,324,000
5,762,000
6,132,000
5,973,000
6,352,000
7,471,000
7,717,000
8,795,000
9,475,000
9,342,000
9,704,000
10,336,000
11,214,000
12,204,000
13,099,000
13,914,000
15,334,000
16,893,000
18,774,000
21,147,000
23,798,000
26,612,000
26,320,000
23,851,000
21,349,000
22,101,000
24,520,000
27,501,000
33,265,000
42,978,000

42,978,000

33,265,000

27,501,000

24,520,000

22,101,000

21,349,000

23,851,000

26,320,000

26,612,000

23,798,000

21,147,000

18,774,000

16,893,000

15,334,000

13,914,000

13,099,000

12,204,000

11,214,000

10,336,000

9,704,000

9,342,000

9,475,000

8,795,000

7,717,000

7,471,000

6,352,000

5,973,000

6,132,000

5,762,000

5,324,000

4,480,000

4,196,000

4,469,000

4,465,000

4,185,000

4,556,000

4,417,982

4,204,593

4,304,786

4,166,985

4,456,398

4,320,647

4,172,173

4,824,184

4,827,703

4,722,846

4,453,665

4,287,428

4,145,724

3,973,450

3,689,469

3,447,808

3,181,462

2,897,880

2,760,514

2,860,645

2,665,140

2,423,635

2,247,409

2,318,876

2,394,652

2,487,075

2,662,915

2,737,178

2,617,912

2,477,926

2,260,278

2,095,894

2,006,919

1,654,548

1,608,651

1,457,756

1,349,441

1,275,233

1,230,587

1,178,268

1,108,411

1,095,162

1,086,103

1,051,185

1,009,682

995,853

960,830

932,687

879,277

883,532

763,819

764,000

610,636

527,571

463,296

405,714

361,473

206,090

162,446

124,600

98,400

82,500

76,700

Common Stock

0
0
0
31
32
65
68
68
70
72
72
150
150
153
157
158
159
161
162
164
166
167
168
169
173
174
178
180
371
373
373
388
393
402
615
619
623
625
629
629
636
638
646
653
663
665
671
677
688
691
698
700
707
713
719
720
725
726
732
732
743
744
752
754
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
3,000
3,000
3,000
3,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000

2,000

3,000

1,000

754

752

744

743

732

726

725

720

719

713

707

700

698

691

688

677

671

665

663

653

646

638

636

629

625

623

619

615

402

393

388

373

371

180

178

174

173

169

168

167

166

164

162

161

159

158

157

153

150

Retained Earnings

-3,200
3,500
14,100
28,700
46,973
69,495
97,563
128,623
154,490
188,066
232,727
307,000
306,940
395,438
346,802
397,739
417,486
441,636
447,992
472,158
493,507
498,626
524,505
572,514
636,958
711,795
777,048
875,100
965,776
927,000
926,548
1,196,565
1,328,824
1,501,556
1,737,217
1,994,210
2,171,015
2,050,086
2,111,834
1,964,169
1,762,831
1,657,529
1,765,106
1,896,182
2,033,776
1,892,815
1,977,677
2,149,328
2,284,547
2,436,120
2,614,393
2,730,418
2,790,855
2,909,901
3,118,981
3,246,088
3,277,713
3,330,815
3,406,154
3,504,742
3,594,527
3,675,071
3,801,966
3,948,877
4,037,000
4,010,000
4,204,000
4,350,000
4,484,000
4,675,000
5,529,000
6,108,000
6,506,000
7,006,000
7,760,000
8,787,000
9,948,000
10,957,000
12,096,000
12,565,000
12,862,000
13,317,000
14,118,000
14,971,000
15,790,000
16,313,000
17,550,000
18,908,000
20,721,000
22,995,000
25,359,000
16,235,000
15,758,000
12,971,000
9,905,000
10,171,000
12,115,000
14,921,000
20,360,000
29,817,000

29,817,000

20,360,000

14,921,000

12,115,000

10,171,000

9,905,000

12,971,000

15,758,000

16,235,000

25,359,000

22,995,000

20,721,000

18,908,000

17,550,000

16,313,000

15,790,000

14,971,000

14,118,000

13,317,000

12,862,000

12,565,000

12,096,000

10,957,000

9,948,000

8,787,000

7,760,000

7,006,000

6,506,000

6,108,000

5,529,000

4,675,000

4,484,000

4,350,000

4,204,000

4,010,000

4,037,000

3,948,877

3,801,966

3,675,071

3,594,527

3,504,742

3,406,154

3,330,815

3,277,713

3,246,088

3,118,981

2,909,901

2,790,855

2,730,418

2,614,393

2,436,120

2,284,547

2,149,328

1,977,677

1,892,815

2,033,776

1,896,182

1,765,106

1,657,529

1,762,831

1,964,169

2,111,834

2,050,086

2,171,015

1,994,210

1,737,217

1,501,556

1,328,824

1,196,565

926,548

927,000

965,776

875,100

777,048

711,795

636,958

572,514

524,505

498,626

493,507

472,158

447,992

441,636

417,486

397,739

346,802

395,438

306,940

307,000

232,727

188,066

154,490

128,623

97,563

69,495

46,973

28,700

14,100

3,500

-3,200

Accumulated Other Comprehensive Income

-2,000
-300
-200
-100
-65
-33
-15
-6
-2
0
818
0
108
2,179
2,326
3,760
4,154
2,989
-5,658
-4,618
-6,230
-6,645
-4,944
-6,389
-6,546
-6,508
-6,308
-3,633
-2,451
-2,000
-2,374
1,436
1,284
1,586
3,350
8,034
1,549
-966
-3,970
3,865
4,931
8,670
9,645
12,172
10,872
11,234
13,000
10,272
11,121
14,434
8,997
10,614
10,447
11,159
10,860
9,981
10,293
5,897
5,862
4,877
6,364
4,378
9,761
7,844
8,000
1,000
2,000
-4,000
1,000
4,000
-4,000
-16,000
-14,000
-12,000
-14,000
-18,000
-23,000
-23,000
-24,000
-12,000
-2,000
-1,000
-3,000
1,000
-10,000
4,000
12,000
19,000
14,000
8,000
9,000
-11,000
-64,000
-90,000
-123,000
-43,000
-50,000
-51,000
-88,000
27,000

27,000

-88,000

-51,000

-50,000

-43,000

-123,000

-90,000

-64,000

-11,000

9,000

8,000

14,000

19,000

12,000

4,000

-10,000

1,000

-3,000

-1,000

-2,000

-12,000

-24,000

-23,000

-18,000

-14,000

-12,000

-14,000

-16,000

-4,000

4,000

1,000

-4,000

2,000

1,000

8,000

7,844

9,761

4,378

6,364

4,877

5,862

5,897

10,293

9,981

10,860

11,159

10,447

10,614

8,997

14,434

11,121

10,272

13,000

11,234

10,872

12,172

9,645

8,670

4,931

3,865

-3,970

-966

1,549

8,034

3,350

1,586

1,284

1,436

-2,374

-2,000

-2,451

-3,633

-6,308

-6,508

-6,546

-6,389

-4,944

-6,645

-6,230

-4,618

-5,658

2,989

4,154

3,760

2,326

2,179

108

818

-2

-6

-15

-33

-65

-100

-200

-300

-2,000

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,111,506
2,219,401
2,288,989
2,329,456
2,386,257
2,500,577
2,638,531
2,725,317
2,846,266
2,900,896
2,994,507
3,040,979
3,114,995
3,193,623
3,273,230
3,104,501
3,407,889
3,483,342
3,492,140
3,682,742
3,783,099
3,855,092
3,986,000
3,938,000
4,170,000
4,170,000
4,218,000
4,408,000
4,581,000
4,708,000
4,936,000
5,048,000
5,219,000
5,351,000
5,546,000
5,681,000
5,891,000
6,051,000
6,317,000
6,543,000
6,824,000
7,045,000
7,354,000
7,828,000
8,301,000
8,721,000
9,280,000
9,745,000
10,465,000
10,385,000
10,623,000
0
11,565,000
11,971,000
12,453,000
12,629,000
0
0

12,629,000

12,453,000

11,971,000

11,565,000

10,623,000

10,385,000

10,465,000

9,745,000

9,280,000

8,721,000

8,301,000

7,828,000

7,354,000

7,045,000

6,824,000

6,543,000

6,317,000

6,051,000

5,891,000

5,681,000

5,546,000

5,351,000

5,219,000

5,048,000

4,936,000

4,708,000

4,581,000

4,408,000

4,218,000

4,170,000

3,938,000

3,986,000

3,855,092

3,783,099

3,682,742

3,492,140

3,483,342

3,407,889

3,104,501

3,273,230

3,193,623

3,114,995

3,040,979

2,994,507

2,900,896

2,846,266

2,725,317

2,638,531

2,500,577

2,386,257

2,329,456

2,288,989

2,219,401

2,111,506

Treasury Stock

-12,038,000

-11,604,000

-11,242,000

-10,756,000

-10,530,000

-10,232,000

-10,036,000

-9,814,000

-9,726,000

-9,524,000

-9,474,000

-9,263,000

-8,489,000

-7,821,000

-7,755,000

-6,650,000

-6,614,000

-6,070,000

-5,297,000

-5,039,000

-4,783,000

-4,608,000

-4,508,000

-4,048,000

-3,912,000

-3,765,000

-3,476,000

-3,394,585

-3,390,985

-3,058,149

-2,926,789

-2,537,295

-2,499,990

-2,269,766

-1,737,025

-1,622,709

-1,522,709

-1,509,087

-1,509,088

-1,496,904

-1,487,093

-1,487,079

-1,479,392

-1,473,656

-1,473,655

-1,463,268

-1,163,528

-1,039,632

-861,547

-736,506

-612,120

-487,120

-387,120

-262,142

-212,142

-162,142

-122,142

-72,100

-24,644

Other Stockholders Equity

81,900
79,300
84,500
96,000
115,506
136,563
263,000
277,000
308,738
339,433
376,000
457,000
456,621
485,000
529,992
531,030
539,031
551,067
567,186
583,481
598,660
603,014
588,682
611,974
600,002
569,772
578,523
586,109
644,955
0
730,001
808,530
765,393
756,734
736,744
615,049
563,991
613,170
378,582
425,989
550,478
580,572
648,238
756,133
815,334
855,800
906,532
1,021,185
1,151,452
1,238,224
1,349,362
1,403,992
1,485,419
1,531,892
1,592,286
1,570,914
1,535,453
834,735
907,899
946,047
565,351
624,593
392,114
460,507
510,000
173,000
258,000
122,000
-290,000
-200,000
-202,000
-331,000
-361,000
-1,022,000
-1,395,000
-1,299,000
-2,209,000
-2,140,000
-2,598,000
-3,212,000
-3,157,000
-2,981,000
-2,902,000
-2,769,000
-2,682,000
-2,404,000
-2,229,000
-2,035,000
-1,962,000
-1,859,000
-1,573,000
10,385,000
10,623,000
10,968,000
11,565,000
11,971,000
12,453,000
12,629,000
12,991,000
13,132,000

13,132,000

12,991,000

12,629,000

12,453,000

11,971,000

11,565,000

10,968,000

10,623,000

10,385,000

-1,573,000

-1,859,000

-1,962,000

-2,035,000

-2,229,000

-2,404,000

-2,682,000

-2,769,000

-2,902,000

-2,981,000

-3,157,000

-3,212,000

-2,598,000

-2,140,000

-2,209,000

-1,299,000

-1,395,000

-1,022,000

-361,000

-331,000

-202,000

-200,000

-290,000

122,000

258,000

173,000

510,000

460,507

392,114

624,593

565,351

946,047

907,899

834,735

1,535,453

1,570,914

1,592,286

1,531,892

1,485,419

1,403,992

1,349,362

1,238,224

1,151,452

1,021,185

906,532

855,800

815,334

756,133

648,238

580,572

550,478

425,989

378,582

613,170

563,991

615,049

736,744

756,734

765,393

808,530

730,001

644,955

586,109

578,523

569,772

600,002

611,974

588,682

603,014

598,660

583,481

567,186

551,067

539,031

531,030

529,992

485,000

456,621

457,000

376,000

339,433

308,738

277,000

263,000

136,563

115,506

96,000

84,500

79,300

81,900

Balance Sheet

Currency in USD. All numbers in thousands.

	2024-01-31	2023-01-31	2022-01-31	2021-01-31	2020-01-31	2019-01-31	2018-01-31	2017-01-31	2016-01-31	2015-01-31	2014-01-31	2013-01-31	2012-01-31	2011-01-31	2010-01-31	2009-01-31	2008-01-31	2007-01-31	2006-01-31	2005-01-31	2004-01-31	2003-01-31	2002-01-31	2001-01-31	2000-01-31	1999-01-31
Accounts Payable	2,699,000	1,193,000	1,783,000	1,201,000	687,000	511,000	596,000	485,000	296,000	293,223	324,391	356,428	335,072	286,138	344,527	218,864	492,099	272,075	179,395	238,223	185,342	141,129	214,019	76,535	64,900	35,700
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	27,000	-43,000	-11,000	19,000	1,000	-12,000	-18,000	-16,000	-4,000	7,844	4,877	9,981	10,614	10,272	12,172	3,865	8,034	1,436	-3,633	-6,389	-4,618	3,760	108	-6	-100	-6,900
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	1,347,000	902,000	741,000	634,000	652,000	0	0	6,000	10,000	14,086	17,500	18,998	21,439	23,389	24,450	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	2,000	2,000	3,000	1,000	1,000	1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	11,971,000	10,385,000	8,721,000	7,045,000	6,051,000	5,351,000	4,708,000	4,170,000	3,855,092	3,483,342	3,193,623	2,900,896	2,500,577	2,219,401	0	0	0	0	0	0	0	0	0	0	0
Cash	7,280,000	3,389,000	1,990,000	847,000	10,896,000	782,000	4,002,000	1,766,000	596,000	496,654	1,151,587	732,786	667,876	665,361	447,221	417,688	726,969	544,414	551,756	208,512	214,422	346,994	333,000	674,275	61,600	50,300
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	25,984,000	13,296,000	21,208,000	11,561,000	10,897,000	7,422,000	7,108,000	6,798,000	5,037,000	4,623,339	4,671,810	3,727,883	3,129,576	2,490,563	1,728,227	1,255,390	1,809,478	1,117,850	950,174	670,045	604,043	1,028,413	791,377	674,275	61,600	50,300
Common Stock	2,000	2,000	3,000	1,000	1,000	1,000	1,000	1,000	1,000	754	732	720	700	677	653	629	619	388	180	169	164	158	150	68	31	0
Common Stock Shares Outstanding	2,494,000	2,507,000	2,535,000	2,512,000	2,472,000	2,500,000	2,528,000	2,596,000	2,276,000	2,252,272	2,378,068	2,499,828	2,465,484	2,354,736	2,198,296	2,192,504	2,426,928	2,347,850	2,193,127	2,117,637	2,071,448	2,019,706	2,051,862	1,910,573	1,731,838	1,314,864
Common Stock Total Equity	0	2,000	3,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	653	1,000	1,000	1,000	0	0	164	0	0	0	0	0
Current Deferred Revenue	764,000	354,000	300,000	288,000	141,000	92,000	53,000	85,000	322,000	292,735	282,405	273,605	270,649	248,864	19,624	0	5,856	1,180	1,393	11,500	0	228,467	70,193	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	15,000	4,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	4,430,000	4,372,000	4,349,000	4,193,000	618,000	618,000	618,000	618,000	618,000	618,179	643,179	641,030	641,030	369,844	369,844	369,844	354,057	301,425	145,317	108,107	108,909	54,227	81,119	24,000	0	0
Intangible Assets	1,112,000	1,676,000	2,339,000	2,737,000	49,000	45,000	52,000	104,000	166,000	221,714	296,012	312,332	326,136	243,171	120,458	147,101	106,926	45,511	160,738	135,621	148,872	76,471	31,000	0	0	0
Inventory	5,282,000	5,159,000	2,605,000	1,826,000	979,000	1,575,000	796,000	794,000	418,000	482,893	387,765	419,686	340,297	345,525	330,674	537,834	358,521	354,680	254,792	315,518	234,238	145,046	213,877	89,905	37,600	28,600
Liabilities And Stockholders Equity	65,728,000	41,182,000	44,187,000	28,791,000	17,315,000	13,292,000	11,241,000	9,841,000	7,370,000	7,201,368	7,250,894	6,412,245	5,552,928	4,495,246	3,585,918	3,350,727	3,747,671	2,675,263	1,915,299	1,628,536	1,399,344	1,617,015	1,503,174	1,016,427	202,300	113,300
Long Term Debt	8,459,000	9,703,000	10,946,000	5,964,000	1,991,000	1,988,000	1,985,000	1,983,000	87,000	1,398,428	1,356,375	18,998	21,439	23,389	24,450	25,634	0	0	0	0	856	304,880	305,861	300,378	962	0
Long Term Debt Total	0	9,703,000	10,946,000	5,964,000	1,991,000	1,988,000	1,985,000	1,989,000	10,000	1,398,428	1,373,875	18,998	21,439	23,389	24,450	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	1,546,000	299,000	266,000	144,000	77,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	3,776,000	8,466,000	9,697,000	6,750,000	-8,344,000	1,206,000	-2,002,000	1,050,000	914,000	901,774	222,288	-713,788	-646,437	-641,972	-422,771	-392,054	-726,969	-544,414	-551,756	-207,656	-209,551	-36,438	-23,243	-373,309	-58,300	-41,900
Net Invested Capital	52,687,000	10,953,000	10,946,000	23,856,000	14,195,000	11,330,000	9,471,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	9,999,000	3,827,000	4,650,000	2,429,000	1,657,000	1,424,000	1,265,000	826,000	505,000	473,637	426,357	454,252	336,143	348,770	374,963	318,435	666,494	518,680	318,186	296,279	196,631	154,501	147,348	104,988	67,200	20,600
Net Tangible Assets	0	16,053,000	19,924,000	9,963,000	11,537,000	8,679,000	6,801,000	5,040,000	3,772,000	3,578,000	3,517,207	3,874,341	3,178,558	2,522,873	2,174,838	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	33,714,000	16,510,000	24,494,000	12,130,000	11,906,000	9,228,000	8,102,000	6,717,000	3,615,000	4,817,267	4,679,215	3,799,035	2,975,400	2,284,268	1,696,452	1,389,367	1,921,668	1,392,963	1,110,273	883,770	718,600	972,154	800,615	820,074	97,000	54,000
Non Current Assets Total	21,383,000	18,109,000	15,358,000	12,736,000	3,625,000	2,735,000	1,986,000	1,305,000	1,317,000	1,488,071	1,626,183	1,636,987	1,647,570	1,268,296	1,105,088	1,182,769	858,842	643,493	366,367	323,610	346,632	265,413	269,065	86,018	29,100	12,200
Non Current Liabilities Other	65,000	1,913,000	1,553,000	2,009,000	1,336,000	14,000	2,000	20,000	453,000	488,928	475,125	589,321	455,807	347,713	111,950	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	12,119,000	12,518,000	13,240,000	7,973,000	3,327,000	2,621,000	2,617,000	2,260,000	463,000	1,887,356	1,849,000	608,319	477,246	371,102	136,400	177,484	162,598	29,537	18,884	29,112	14,047	304,880	305,861	500,378	1,500	2,000
Non Currrent Assets Other	2,954,000	3,521,000	3,575,000	2,000,000	41,000	668,000	319,000	62,000	67,000	90,896	104,252	93,924	102,491	22,602	27,546	40,026	38,051	28,349	27,477	9,034	7,731	10,473	12,274	14,738	3,200	500
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	6,917,000	5,063,000	2,950,000	666,000	668,000	319,000	62,000	67,000	90,896	104,252	97,451	109,950	32,058	36,298	33,614	30,570	24,045	53,814	9,034	7,731	53,790	67,818	38,738	3,189	0
Other Current Assets	3,080,000	791,000	366,000	239,000	157,000	136,000	86,000	118,000	93,000	70,174	70,285	35,265	19,465	2,490,563	1,728,227	56,299	54,336	40,560	25,780	23,084	17,800	23,642	82,000	61,241	6,800	1,600
Other Current Liab	5,690,000	3,766,000	2,108,000	1,437,000	865,000	635,000	489,000	422,000	320,000	167,999	30,590	35,160	35,439	71,300	29,950	559,727	469,206	365,552	259,264	170,577	144,755	4,176	145,386	33,212	9,500	5,000
Other Liab	0	1,913,000	1,553,000	1,375,000	775,000	633,000	632,000	308,000	533,000	256,621	317,172	396,371	322,519	301,584	94,211	76,598	75,698	29,537	20,036	8,358	4,582	0	0	200,000	500	0
Other Stockholder Equity	13,132,000	11,971,000	10,385,000	-2,035,000	-2,769,000	-3,212,000	-1,299,000	-331,000	122,000	460,507	946,047	1,570,914	1,403,992	1,021,185	756,133	425,989	615,049	808,530	586,109	611,974	583,481	531,030	456,621	277,029	96,000	80,500
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	8,769,000	4,845,000	3,607,000	2,856,000	2,292,000	1,404,000	997,000	521,000	466,000	557,000	583,000	576,000	560,000	569,000	571,858	626,000	360,000	261,000	178,000	179,000	190,000	135,000	120,000	47,000	26,000	11,700
Property Plant And Equipment Net	5,260,000	4,845,000	3,607,000	2,856,000	2,292,000	1,404,000	997,000	521,000	466,000	557,282	582,740	576,144	560,072	614,431	571,858	625,798	359,808	260,828	178,152	178,955	190,029	135,152	120,128	47,280	25,900	11,700
Property Plant Equipment	0	3,807,000	3,607,000	2,149,000	1,674,000	1,404,000	997,000	521,000	466,000	557,282	582,740	576,144	560,072	568,857	571,858	625,798	359,808	260,828	178,152	178,955	190,029	135,152	120,128	47,280	25,886	0
Retained Earnings	29,817,000	10,171,000	16,235,000	18,908,000	14,971,000	12,565,000	8,787,000	6,108,000	4,350,000	3,948,877	3,504,742	3,246,088	2,730,418	2,149,328	1,896,182	1,964,169	1,994,210	1,196,565	875,100	572,514	472,158	397,739	306,940	128,623	28,700	-9,400
Retained Earnings Total Equity	0	10,171,000	16,235,000	18,908,000	14,971,000	12,565,000	8,787,000	6,108,000	4,350,000	3,948,877	3,504,742	3,246,088	2,730,418	2,149,328	1,896,182	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	1,250,000	1,250,000	0	999,000	0	0	15,000	827,000	1,413,000	1,398,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	11,056,000	11,855,000	11,687,000	7,597,000	2,552,000	1,988,000	2,000,000	2,816,000	1,510,000	1,398,428	1,373,875	18,998	21,439	23,389	24,450	25,634	0	0	0	856	4,871	310,556	309,757	300,966	3,300	8,400
Short Term Debt	1,478,000	1,250,000	144,000	999,000	91,000	91,000	15,000	827,000	1,500,000	142,073	308,110	311,030	288,798	336,380	390,277	0	0	0	0	856	4,015	5,676	3,896	588	1,800	6,400
Short Term Investments	18,704,000	9,907,000	19,218,000	10,714,000	1,000	6,640,000	3,106,000	5,032,000	4,441,000	4,126,685	3,520,223	2,995,097	2,461,700	1,825,202	1,281,006	837,702	1,082,509	573,436	398,418	461,533	389,621	681,419	458,377	24,500	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	65,728,000	41,182,000	44,187,000	28,791,000	17,315,000	13,292,000	11,241,000	9,841,000	7,370,000	7,201,368	7,250,894	6,412,245	5,552,928	4,495,246	3,585,918	3,350,727	3,747,671	2,675,263	1,915,299	1,628,536	1,399,344	1,617,015	1,503,174	1,016,427	202,300	113,300
Total Current Assets	44,345,000	23,073,000	28,829,000	16,055,000	13,690,000	10,557,000	9,255,000	8,536,000	6,053,000	5,713,297	5,624,711	4,775,258	3,905,358	3,226,950	2,480,830	2,167,958	2,888,829	2,031,770	1,548,932	1,304,926	1,052,712	1,351,602	1,234,109	930,409	173,200	101,100
Total Current Liabilities	10,631,000	6,563,000	4,335,000	3,925,000	1,784,000	1,329,000	1,153,000	1,819,000	2,438,000	896,030	945,496	976,223	929,958	942,682	784,378	778,591	967,161	638,807	438,659	421,156	334,112	379,448	433,494	110,335	76,200	47,100
Total Liab	22,750,000	19,081,000	17,575,000	11,898,000	5,111,000	3,950,000	3,770,000	4,079,000	2,901,000	2,783,386	2,794,496	1,584,542	1,407,204	1,313,784	920,778	956,075	1,129,759	668,344	457,543	450,268	348,159	684,328	739,355	610,713	77,700	49,100
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	42,978,000	22,101,000	26,612,000	16,893,000	12,204,000	9,342,000	7,471,000	5,762,000	4,469,000	4,417,982	4,456,398	4,827,703	4,145,724	3,181,462	2,665,140	2,394,652	2,617,912	2,006,919	1,457,756	1,178,268	1,051,185	932,687	763,819	405,714	124,600	64,200
Treasury Stock	0	0	0	-10,756,000	-9,814,000	-9,263,000	-6,650,000	-5,039,000	-4,048,000	-3,394,585	-2,537,295	-1,622,709	-1,496,904	-1,479,392	-1,463,268	-1,463,268	-1,039,632	-487,120	-212,142	-24,644	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	31,000	87,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-01-31	2023-10-31	2023-07-31	2023-04-30	2023-01-31	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-07-31	2019-04-30	2019-01-31	2018-10-31	2018-07-31	2018-04-30	2018-01-31	2017-10-31	2017-07-31	2017-04-30	2017-01-31	2016-10-31	2016-07-31	2016-04-30	2016-01-31	2015-10-31	2015-07-31	2015-04-30	2015-01-31	2014-10-31	2014-07-31	2014-04-30	2014-01-31	2013-10-31	2013-07-31	2013-04-30	2013-01-31	2012-10-31	2012-07-31	2012-04-30	2012-01-31	2011-10-31	2011-07-31	2011-04-30	2011-01-31	2010-10-31	2010-07-31	2010-04-30	2010-01-31	2009-10-31	2009-07-31	2009-04-30	2009-01-31	2008-10-31	2008-07-31	2008-04-30	2008-01-31	2007-10-31	2007-07-31	2007-04-30	2007-01-31	2006-10-31	2006-07-31	2006-04-30	2006-01-31	2005-10-31	2005-07-31	2005-04-30	2005-01-31	2004-10-31	2004-07-31	2004-04-30	2004-01-31	2003-10-31	2003-07-31	2003-04-30	2003-01-31	2002-10-31	2002-07-31	2002-04-30	2002-01-31	2001-10-31	2001-07-31	2001-04-30	2001-01-31	2000-10-31	2000-07-31	2000-04-30	2000-01-31	1999-10-31	1999-07-31	1999-04-30
Accounts Payable	2,699,000	2,380,000	1,929,000	1,141,000	1,193,000	1,491,000	2,421,000	1,999,000	1,783,000	1,664,000	1,474,000	1,218,000	1,201,000	1,097,000	893,000	761,000	687,000	591,000	437,000	368,000	511,000	902,000	800,000	623,000	596,000	511,000	431,000	348,000	485,000	523,000	423,000	320,000	296,000	295,000	277,000	222,000	293,223	328,097	261,627	309,008	324,391	333,283	310,271	328,259	356,428	390,265	417,250	395,578	335,072	307,943	297,813	346,295	286,138	324,770	280,041	362,740	344,527	321,530	275,978	226,114	218,864	387,252	438,892	427,855	492,099	449,792	323,381	334,046	272,075	230,916	230,916	298,147	179,395	179,777	221,047	182,146	238,223	262,960	223,201	214,618	185,342	242,309	282,397	234,437	141,129	170,589	165,395	214,019	214,000	108,953	88,737	72,048	76,535	86,716	75,887	68,527	64,900	43,000	34,800	27,500
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	27,000	-88,000	-51,000	-50,000	-43,000	-123,000	-90,000	-64,000	-11,000	9,000	8,000	14,000	19,000	12,000	4,000	-10,000	1,000	-3,000	-1,000	-2,000	-12,000	-24,000	-23,000	-23,000	-18,000	-14,000	-12,000	-14,000	-16,000	-4,000	4,000	1,000	-4,000	2,000	1,000	8,000	7,844	9,761	4,378	6,364	4,877	5,862	5,897	10,293	9,981	10,860	11,159	10,447	10,614	8,997	14,434	11,121	10,272	13,000	11,234	10,872	12,172	9,645	8,670	4,931	3,865	-3,970	-966	1,549	8,034	3,350	1,586	1,284	1,436	-2,374	-2,000	-2,451	-3,633	-6,308	-6,508	-6,546	-6,389	-4,944	-6,645	-6,230	-4,618	-5,658	2,989	4,154	3,760	2,326	2,179	108	0	818	0	-2	-6	-15	-33	-65	-100	-200	-300	-2,000
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	1,347,000	1,321,000	1,041,000	939,000	902,000	798,000	743,000	752,000	741,000	743,000	716,000	775,000	634,000	720,000	735,000	619,000	652,000	558,000	567,000	566,000	0	0	0	0	0	1,000	3,000	4,000	6,000	7,000	8,000	9,000	10,000	11,000	12,000	13,000	14,086	14,977	15,842	16,683	17,500	17,015	17,685	18,333	18,998	19,627	20,237	20,830	21,439	21,949	22,493	22,957	23,389	23,359	23,734	24,098	24,450	24,760	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	2,000	2,000	2,000	2,000	2,000	2,000	2,000	3,000	3,000	3,000	3,000	1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	12,629,000	12,453,000	11,971,000	11,565,000	0	10,623,000	10,385,000	10,465,000	9,745,000	9,280,000	8,721,000	8,301,000	7,828,000	7,354,000	7,045,000	6,824,000	6,543,000	6,317,000	6,051,000	5,891,000	5,681,000	5,546,000	5,351,000	5,219,000	5,048,000	4,936,000	4,708,000	4,581,000	4,408,000	4,218,000	4,170,000	4,170,000	3,938,000	3,986,000	3,855,092	3,783,099	3,682,742	3,492,140	3,483,342	3,407,889	3,104,501	3,273,230	3,193,623	3,114,995	3,040,979	2,994,507	2,900,896	2,846,266	2,725,317	2,638,531	2,500,577	2,386,257	2,329,456	2,288,989	2,219,401	2,111,506	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	7,280,000	5,519,000	5,783,000	5,079,000	3,389,000	2,800,000	3,013,000	3,887,000	1,990,000	1,288,000	5,628,000	978,000	847,000	2,251,000	3,274,000	15,494,000	10,896,000	9,765,000	7,105,000	2,772,000	782,000	721,000	718,000	765,000	4,002,000	2,802,000	1,988,000	1,989,000	1,766,000	1,940,000	426,000	547,000	596,000	471,000	435,000	464,000	496,654	394,683	515,092	509,165	1,151,587	562,084	591,321	561,423	732,786	525,388	499,618	369,135	667,876	566,816	532,614	683,633	665,361	451,000	377,003	447,262	447,221	614,490	523,785	512,274	417,688	461,253	719,143	803,308	726,969	1,056,702	914,745	678,951	544,414	388,423	388,000	487,763	551,756	364,308	242,170	281,004	208,512	156,687	180,579	196,675	214,422	231,813	274,297	278,796	346,994	322,535	246,816	333,000	333,000	398,491	681,078	627,301	674,275	694,883	289,205	269,800	61,600	55,200	46,800	51,800
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	25,984,000	18,281,000	16,023,000	15,320,000	13,296,000	13,143,000	17,037,000	20,338,000	21,208,000	19,298,000	19,654,000	12,667,000	11,561,000	10,139,000	10,981,000	16,354,000	10,897,000	9,769,000	8,475,000	7,802,000	7,422,000	7,591,000	7,943,000	7,300,000	7,108,000	6,320,000	5,877,000	6,206,000	6,798,000	6,671,000	4,879,000	4,754,000	5,037,000	4,728,000	4,505,000	4,792,000	4,623,339	4,240,797	4,386,054	4,347,817	4,671,810	3,032,954	2,935,893	3,713,351	3,727,883	3,434,772	3,278,100	3,130,812	3,129,576	2,748,354	2,474,496	2,726,541	2,490,563	451,000	1,772,500	1,764,896	1,728,227	1,634,079	1,466,105	1,338,147	1,255,390	1,304,888	1,657,230	1,621,639	1,809,478	1,852,953	1,571,563	1,307,024	1,117,850	851,167	0	955,053	950,174	786,178	717,546	731,512	670,045	587,850	613,324	657,303	604,043	612,126	1,011,587	1,050,338	1,028,413	911,577	826,411	791,377	791,000	717,165	681,078	627,301	674,275	694,883	289,205	269,800	61,600	55,200	46,800	51,800
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000	2,000	3,000	3,000	3,000	3,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	754	752	744	743	732	732	726	725	720	719	713	707	700	698	691	688	677	671	665	663	653	646	638	636	629	629	625	623	619	615	402	393	388	373	373	371	180	178	174	173	169	168	167	166	164	162	161	159	158	157	153	150	150	72	72	70	68	68	65	32	31	0	0	0
Common Stock Shares Outstanding	2,490,000	2,494,000	2,499,000	2,490,000	2,477,000	2,499,000	2,516,000	2,537,000	2,545,000	2,538,000	2,532,000	2,528,000	2,524,000	2,520,000	2,504,000	2,488,000	2,484,000	2,472,000	2,464,000	2,464,000	2,476,000	2,500,000	2,504,000	2,508,000	2,512,000	2,512,000	2,532,000	2,564,000	2,640,000	2,612,000	2,524,000	2,388,000	2,372,000	2,260,000	2,224,000	2,272,000	2,226,292	2,232,804	2,282,288	2,281,688	2,309,424	2,355,008	2,368,024	2,477,208	2,488,072	2,515,380	2,492,572	2,495,144	2,474,396	2,454,240	2,455,736	2,453,896	2,406,400	2,330,592	2,291,056	2,363,988	2,297,600	2,297,524	2,186,556	2,169,228	2,175,228	2,258,144	2,221,668	2,367,956	2,219,864	2,451,940	2,415,318	2,393,196	2,394,000	2,313,534	5,784,000	2,342,220	2,231,200	2,200,042	2,170,044	2,165,904	2,129,600	2,073,391	2,129,028	2,141,748	1,938,015	2,076,750	2,094,612	2,015,100	2,010,400	1,839,976	2,025,240	2,126,800	2,126,800	2,040,888	2,042,603	1,987,538	1,941,200	1,929,475	3,815,376	1,866,672	1,802,400	1,695,119	1,607,196	1,700,942
Common Stock Total Equity	0	0	2,000	2,000	2,000	2,000	0	3,000	3,000	3,000	3,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	691	1,000	1,000	671	1,000	1,000	653	1,000	1,000	1,000	1,000	1,000	1,000	619	619	402	402	0	1,000	0	0	371	0	0	174	0	0	0	0	164	164	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32	0	0	0	0
Current Deferred Revenue	764,000	513,000	421,000	367,000	354,000	338,000	359,000	334,000	300,000	298,000	301,000	333,000	288,000	235,000	222,000	174,000	141,000	119,000	127,000	85,000	92,000	80,000	77,000	56,000	53,000	65,000	74,000	46,000	85,000	170,000	251,000	350,000	322,000	229,000	321,000	377,000	292,735	258,635	277,033	275,711	282,405	282,658	267,252	269,569	273,605	269,003	273,182	272,367	270,649	26,281	0	9,456	248,864	0	8,752	8,752	19,624	15,109	0	0	0	4,031	10,823	14,708	5,856	3,663	3,584	4,386	1,180	1,229	0	6,805	1,393	3,265	5,584	3,265	11,500	3,261	3,261	3,261	0	0	183,196	175,344	228,467	63,495	62,420	70,193	70,193	143,181	-1,605	-296	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	569,000	588,000	601,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	40,000	27,000	18,000	15,000	10,000	6,000	5,000	4,000	2,000	1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	4,430,000	4,430,000	4,430,000	4,430,000	4,372,000	4,372,000	4,372,000	4,365,000	4,349,000	4,302,000	4,193,000	4,193,000	4,193,000	4,193,000	4,193,000	628,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,000	618,179	643,179	643,179	643,179	643,179	643,179	641,030	641,030	641,030	641,030	641,030	641,030	641,030	648,053	593,513	369,844	369,844	369,844	369,844	369,844	369,844	369,844	369,844	369,844	369,844	366,286	365,800	371,019	354,057	292,934	293,383	291,077	301,425	203,657	204,000	204,603	145,000	133,000	108,107	108,107	108,107	108,107	108,566	108,780	109,000	108,497	55,139	55,139	54,000	78,000	80,462	81,119	50,000	85,000	81,000	86,232	24,000	0	0	0	0	0	0	0
Intangible Assets	1,112,000	1,251,000	1,395,000	1,541,000	1,676,000	1,850,000	2,036,000	2,211,000	2,339,000	2,454,000	2,478,000	2,613,000	2,737,000	2,861,000	2,854,000	80,000	49,000	43,000	49,000	54,000	45,000	49,000	51,000	55,000	52,000	63,000	76,000	90,000	104,000	120,000	138,000	155,000	166,000	172,000	190,000	205,000	221,714	241,301	260,613	277,530	296,012	320,589	322,520	336,733	312,332	331,248	346,938	363,395	326,136	342,839	358,136	278,761	288,745	112,642	118,879	115,423	120,458	127,817	135,678	142,446	147,101	155,646	145,148	125,001	106,926	78,173	54,735	50,914	45,511	29,428	29,000	22,989	160,738	152,314	131,375	135,523	135,621	138,175	143,330	148,937	148,872	153,512	79,088	82,352	76,471	78,158	80,462	31,000	31,000	85,210	80,969	0	0	0	0	0	0	0	0	0
Inventory	5,282,000	4,779,000	4,319,000	4,611,000	5,159,000	4,454,000	3,889,000	3,163,000	2,605,000	2,233,000	2,114,000	1,992,000	1,826,000	1,495,000	1,401,000	1,128,000	979,000	1,047,000	1,204,000	1,426,000	1,575,000	1,417,000	1,090,000	797,000	796,000	857,000	855,000	821,000	794,000	679,000	521,000	394,000	418,000	425,000	441,000	438,000	482,893	408,081	387,434	393,280	387,765	380,319	378,280	377,597	419,686	428,983	387,185	342,707	340,297	319,602	361,911	380,964	345,525	377,812	434,227	388,139	330,674	277,643	279,216	327,259	537,834	523,988	432,279	420,126	358,521	306,143	276,305	332,635	354,680	378,661	379,000	346,366	254,792	284,847	300,955	307,759	315,518	297,551	266,985	234,796	234,238	260,819	217,859	165,785	145,046	205,043	285,350	213,877	214,000	120,488	89,610	86,770	89,905	93,192	68,135	55,241	37,600	11,700	8,400	15,200
Liabilities And Stockholders Equity	65,728,000	54,148,000	49,555,000	44,460,000	41,182,000	40,488,000	43,476,000	45,212,000	44,187,000	40,632,000	38,650,000	30,796,000	28,791,000	26,881,000	25,180,000	23,254,000	17,315,000	15,810,000	14,775,000	14,021,000	13,292,000	13,657,000	12,882,000	11,460,000	11,241,000	9,830,000	9,402,000	9,410,000	9,841,000	9,612,000	7,461,000	7,108,000	7,370,000	7,174,000	6,979,000	7,291,000	7,201,368	6,885,869	6,933,719	6,864,663	7,250,894	5,711,373	5,569,592	6,279,527	6,412,245	6,075,144	5,891,881	5,708,167	5,552,928	5,089,043	4,913,614	4,736,744	4,495,246	3,915,579	3,731,268	3,803,030	3,585,918	3,463,574	3,298,409	3,178,704	3,350,727	3,648,898	3,960,049	3,807,458	3,747,671	3,475,263	3,036,267	2,800,868	2,675,263	2,183,829	2,184,000	2,161,453	1,915,299	1,805,508	1,728,218	1,635,094	1,628,536	1,539,656	1,480,889	1,458,190	1,399,344	1,458,780	1,780,113	1,687,533	1,617,015	1,629,697	1,615,154	1,503,174	1,503,000	1,247,350	1,189,258	1,081,784	1,016,427	983,346	507,183	447,791	202,300	157,600	134,400	126,700
Long Term Debt	8,459,000	8,457,000	8,456,000	9,704,000	9,703,000	9,701,000	9,700,000	10,947,000	10,946,000	10,944,000	10,943,000	5,964,000	5,964,000	5,963,000	6,960,000	6,959,000	1,991,000	1,990,000	1,989,000	1,988,000	1,988,000	1,987,000	1,987,000	1,986,000	1,985,000	1,985,000	1,984,000	1,984,000	1,983,000	1,982,000	8,000	9,000	10,000	1,406,000	1,411,000	1,404,000	1,398,428	1,377,259	1,370,249	1,363,276	1,356,375	17,015	17,685	18,333	18,998	19,627	20,237	20,830	21,439	21,949	22,493	22,957	23,389	23,359	23,734	24,098	24,450	24,760	25,060	25,351	25,634	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	345	856	2,634	303,522	304,194	304,880	306,340	307,926	304,937	305,861	306,941	303,672	300,307	300,378	300,644	672	697	962	0	0	0
Long Term Debt Total	0	0	8,456,000	9,704,000	9,703,000	9,701,000	0	10,947,000	10,946,000	10,944,000	10,943,000	5,964,000	5,964,000	5,963,000	6,960,000	6,959,000	1,991,000	1,990,000	1,989,000	1,988,000	1,988,000	1,987,000	1,987,000	1,986,000	1,985,000	1,986,000	1,987,000	1,988,000	1,989,000	1,989,000	8,000	9,000	10,000	1,417,000	1,411,000	1,404,000	1,398,428	1,392,236	1,386,091	1,379,959	1,373,875	17,015	17,685	18,333	18,998	19,627	20,237	20,830	21,439	21,949	22,493	22,957	23,389	23,359	23,734	24,098	24,450	24,760	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	1,546,000	1,172,000	800,000	505,000	299,000	314,000	307,000	285,000	266,000	308,000	147,000	146,000	144,000	106,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	3,776,000	5,508,000	5,171,000	7,001,000	8,466,000	8,948,000	8,679,000	7,812,000	9,697,000	10,399,000	7,031,000	6,760,000	6,750,000	5,314,000	4,421,000	-7,916,000	-8,344,000	-7,217,000	-4,549,000	-218,000	1,206,000	1,269,000	1,283,000	1,235,000	-2,002,000	-792,000	85,000	221,000	1,050,000	1,105,000	1,082,000	962,000	914,000	946,000	976,000	940,000	901,774	997,553	870,999	870,794	222,288	-545,069	-573,636	-543,090	-713,788	-505,761	-479,381	-348,305	-646,437	-544,867	-510,121	-660,676	-641,972	-427,641	-353,269	-423,164	-422,771	-589,730	-498,725	-486,923	-392,054	-461,253	-719,143	-803,308	-726,969	-1,056,702	-914,745	-678,951	-544,414	-388,423	-388,000	-487,763	-551,756	-364,308	-242,170	-272,426	-207,656	-155,327	-178,541	-193,287	-209,551	-223,391	35,753	31,601	-36,438	-10,615	66,717	-23,243	-23,000	-87,536	-375,387	-326,565	-373,309	-393,554	-287,429	-267,303	-58,300	-46,200	-38,100	-38,600
Net Invested Capital	52,687,000	42,971,000	9,705,000	10,954,000	10,953,000	10,950,000	10,949,000	37,267,000	10,946,000	10,944,000	11,943,000	25,737,000	23,856,000	22,295,000	20,874,000	20,058,000	14,195,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	9,999,000	8,309,000	7,066,000	4,080,000	3,827,000	4,908,000	5,317,000	5,438,000	4,650,000	3,954,000	3,586,000	3,024,000	2,429,000	2,546,000	2,084,000	1,907,000	1,657,000	1,455,000	1,561,000	1,242,000	1,424,000	2,219,000	1,662,000	1,220,000	1,265,000	1,167,000	1,213,000	976,000	826,000	833,000	644,000	523,000	505,000	536,000	514,000	455,000	473,637	563,400	469,625	396,438	426,357	447,631	418,123	346,998	454,252	444,944	445,312	411,155	336,143	371,261	419,944	343,202	348,770	399,502	395,934	529,663	374,963	397,820	351,960	304,393	318,435	607,834	679,416	651,800	666,494	552,407	508,435	471,519	518,680	459,636	460,000	391,270	318,186	351,737	355,393	255,252	296,279	307,409	246,396	205,308	196,631	157,839	190,213	155,751	154,501	149,861	133,038	147,348	147,000	117,664	112,846	86,629	104,988	104,352	85,092	71,998	67,200	56,400	50,200	34,200
Net Tangible Assets	0	0	21,676,000	18,549,000	16,053,000	15,127,000	17,443,000	19,744,000	19,924,000	17,042,000	14,476,000	11,968,000	9,963,000	8,280,000	6,867,000	12,391,000	11,537,000	10,553,000	9,669,000	9,032,000	8,679,000	8,808,000	8,126,000	7,044,000	6,801,000	5,672,000	5,281,000	5,431,000	5,071,000	4,631,000	3,796,000	3,502,000	3,772,000	3,675,000	3,377,000	3,733,000	3,578,000	3,320,113	3,400,994	3,246,276	3,517,207	3,356,879	3,208,623	3,847,173	3,874,341	3,750,568	3,465,697	3,283,003	3,178,558	2,982,558	2,737,820	2,799,203	2,522,873	2,415,394	2,271,791	2,375,378	2,174,838	1,925,974	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	33,714,000	23,557,000	18,463,000	17,623,000	16,510,000	16,368,000	19,845,000	24,013,000	24,494,000	22,194,000	21,358,000	14,123,000	12,130,000	10,724,000	12,271,000	17,681,000	11,906,000	10,945,000	10,074,000	9,446,000	9,228,000	9,778,000	9,369,000	8,342,000	8,102,000	7,451,000	7,036,000	7,126,000	6,717,000	6,221,000	3,677,000	3,334,000	3,615,000	4,979,000	4,672,000	4,949,000	4,817,267	4,407,202	4,508,857	4,375,853	4,679,215	3,063,914	2,986,817	3,681,039	3,799,035	3,433,468	3,191,891	3,084,712	2,975,400	2,613,387	2,357,258	2,515,597	2,284,268	1,991,213	1,836,823	1,961,687	1,696,452	1,468,910	1,276,584	1,318,512	1,389,367	1,475,634	1,679,203	1,872,441	1,921,668	1,899,612	1,716,607	1,530,366	1,392,963	1,221,245	1,221,000	1,188,241	1,110,273	1,022,809	976,417	944,137	883,770	795,998	772,258	758,406	718,600	622,602	969,805	984,280	972,154	902,216	900,784	800,615	801,000	677,164	805,579	762,472	820,074	804,511	366,515	328,828	97,000	75,400	63,100	64,700
Non Current Assets Total	21,383,000	21,490,000	20,758,000	19,577,000	18,109,000	17,265,000	16,058,000	15,637,000	15,358,000	14,826,000	12,844,000	12,669,000	12,736,000	12,488,000	10,499,000	3,670,000	3,625,000	3,390,000	3,384,000	3,392,000	2,735,000	2,271,000	2,051,000	2,012,000	1,986,000	1,351,000	1,332,000	1,294,000	1,305,000	1,305,000	1,305,000	1,318,000	1,317,000	1,340,000	1,371,000	1,459,000	1,488,071	1,544,760	1,556,133	1,590,865	1,626,183	1,661,532	1,646,984	1,672,911	1,636,987	1,650,317	1,678,030	1,676,051	1,647,570	1,588,972	1,596,057	1,239,981	1,268,296	1,107,877	1,075,306	1,076,050	1,105,088	1,105,858	1,130,504	1,158,020	1,182,769	1,168,799	1,145,830	1,058,465	858,842	719,209	638,862	646,635	643,493	457,540	0	438,826	366,367	355,532	326,303	315,437	323,610	328,505	334,595	341,233	346,632	400,676	334,070	286,744	265,413	283,401	290,674	269,065	269,000	240,413	223,528	201,131	86,018	57,606	40,247	34,565	29,100	30,000	26,300	23,300
Non Current Liabilities Other	65,000	66,000	2,223,000	2,037,000	1,913,000	1,785,000	1,609,000	2,383,000	1,553,000	1,535,000	1,396,000	2,054,000	2,009,000	1,915,000	43,000	1,293,000	1,336,000	25,000	24,000	1,146,000	633,000	587,000	638,000	651,000	632,000	464,000	408,000	300,000	271,000	213,000	494,000	447,000	453,000	437,000	447,000	448,000	488,928	355,133	374,113	419,774	475,125	387,784	443,943	510,681	589,321	341,312	396,019	452,505	455,807	206,960	192,163	284,813	347,713	177,851	127,881	152,994	111,950	126,373	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	12,119,000	11,782,000	11,720,000	12,680,000	12,518,000	12,284,000	12,052,000	13,330,000	13,240,000	13,222,000	13,055,000	8,018,000	7,973,000	7,878,000	8,856,000	8,252,000	3,327,000	3,121,000	3,122,000	3,134,000	2,621,000	2,574,000	2,625,000	2,637,000	2,617,000	2,450,000	2,395,000	2,288,000	2,260,000	2,202,000	502,000	456,000	463,000	1,854,000	1,858,000	1,852,000	1,887,356	1,747,369	1,760,204	1,799,733	1,849,000	404,799	461,628	529,766	608,319	360,939	416,256	473,335	477,246	228,909	263,846	307,770	371,102	201,210	151,615	177,092	136,400	151,133	159,679	157,656	177,484	157,358	162,118	193,728	162,598	140,895	95,191	81,107	29,537	24,237	0	18,416	18,884	28,900	27,487	28,987	29,112	16,092	11,691	13,536	14,047	13,596	308,022	310,194	304,880	306,340	307,926	305,861	306,000	306,941	501,536	500,307	500,378	500,644	200,672	200,947	1,500	7,000	6,900	11,300
Non Currrent Assets Other	2,954,000	3,495,000	3,701,000	3,699,000	3,521,000	3,266,000	3,033,000	3,220,000	3,575,000	3,453,000	1,903,000	1,944,000	2,000,000	1,922,000	157,000	119,000	118,000	116,000	110,000	110,000	668,000	312,000	220,000	273,000	319,000	70,000	60,000	47,000	62,000	64,000	64,000	66,000	67,000	73,000	66,000	89,000	90,896	93,679	95,430	99,354	104,252	102,346	104,486	107,125	93,924	111,499	116,006	118,085	102,491	46,323	93,512	38,010	22,602	39,719	44,367	41,867	20,866	42,901	42,068	44,677	40,026	37,193	35,404	40,389	38,051	25,156	25,912	33,454	28,349	37,527	36,000	31,028	27,477	24,713	15,977	10,678	9,034	8,132	8,277	7,255	7,731	6,733	56,037	55,488	10,473	66,465	10,188	12,274	68,000	10,884	11,681	10,513	14,738	20,181	5,339	4,122	3,200	3,400	3,600	600
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	0	9,099,000	0	6,917,000	6,028,000	5,565,000	5,289,000	5,063,000	4,731,000	3,008,000	2,722,000	2,950,000	2,588,000	787,000	652,000	666,000	685,000	698,000	711,000	668,000	312,000	220,000	273,000	989,000	751,000	754,000	755,000	784,000	802,000	820,000	839,000	851,000	863,000	874,000	912,000	930,789	978,159	999,222	1,020,063	1,043,443	1,066,114	1,068,036	1,084,888	1,060,843	1,083,777	1,103,974	1,122,510	1,087,498	1,037,215	995,971	686,615	699,439	522,205	533,090	527,134	533,230	540,562	547,590	556,967	556,971	559,125	546,352	536,409	499,034	396,263	374,030	375,445	382,665	284,725	280,396	296,641	226,236	177,027	147,352	146,201	144,655	146,307	151,607	156,192	156,603	204,446	135,125	137,840	130,261	144,623	147,096	149,386	148,937	131,718	128,665	126,798	38,738	20,181	5,339	4,122	3,189	0	0	0
Other Current Assets	3,080,000	1,289,000	1,389,000	872,000	791,000	718,000	1,175,000	636,000	366,000	321,000	129,000	132,000	239,000	213,000	215,000	195,000	157,000	149,000	151,000	159,000	136,000	159,000	136,000	131,000	86,000	135,000	125,000	113,000	118,000	124,000	112,000	119,000	93,000	93,000	89,000	89,000	70,174	67,333	67,776	71,067	70,285	40,823	36,678	23,036	35,265	32,746	19,249	16,624	19,465	2,748,354	2,474,496	2,726,541	42,092	1,987,220	1,772,500	1,764,896	46,966	1,634,079	70,624	50,885	56,299	43,389	45,294	55,428	54,336	44,551	41,102	43,055	40,560	8,816	36,825	29,938	25,780	27,214	28,021	25,134	23,084	18,341	19,589	19,550	17,800	27,320	26,384	28,915	23,642	79,815	79,000	82,000	82,000	52,000	82,000	80,000	61,241	33,313	24,504	16,187	6,800	4,300	2,700	2,200
Other Current Liab	5,690,000	4,729,000	6,527,000	4,315,000	3,766,000	3,777,000	3,544,000	3,229,000	843,000	1,510,000	1,673,000	1,319,000	1,437,000	1,339,000	1,171,000	868,000	865,000	676,000	669,000	650,000	61,000	623,000	571,000	413,000	489,000	428,000	443,000	374,000	422,000	337,000	305,000	286,000	320,000	168,000	146,000	148,000	167,999	32,126	26,700	25,299	30,590	55,424	40,315	34,337	35,160	37,065	30,802	27,679	35,439	578,741	662,486	634,871	71,300	491,719	539,098	402,553	29,950	198,133	615,343	476,058	559,727	613,182	685,301	433,989	469,206	402,987	353,833	285,435	365,552	272,899	231,937	229,434	259,264	247,390	198,867	193,029	170,577	150,833	148,797	140,890	144,755	187,405	4,117	525	4,176	204,416	190,274	145,386	148,807	73,625	71,000	46,000	33,212	33,828	23,430	14,321	9,500	7,200	8,400	9,300
Other Liab	0	0	2,223,000	0	1,913,000	1,785,000	1,609,000	1,631,000	1,553,000	1,535,000	1,396,000	1,414,000	1,375,000	1,311,000	1,285,000	774,000	775,000	662,000	650,000	660,000	633,000	587,000	638,000	651,000	614,000	170,000	158,000	148,000	161,000	125,000	122,000	114,000	239,000	112,000	155,000	194,000	256,621	144,745	181,411	244,538	317,172	183,420	246,904	318,194	396,371	169,254	252,854	319,501	322,519	129,231	163,134	230,269	301,584	130,606	95,708	91,179	94,211	69,320	79,814	72,428	76,598	72,351	73,162	79,132	75,698	80,997	63,294	81,107	29,537	27,667	24,237	17,682	20,036	8,146	6,733	8,233	8,358	7,483	3,082	4,582	4,582	4,582	4,500	6,000	0	0	0	0	0	0	197,864	200,000	200,000	200,000	200,000	200,250	500	0	0	0
Other Stockholder Equity	13,132,000	12,991,000	12,629,000	12,453,000	11,971,000	11,565,000	10,968,000	10,623,000	10,385,000	-1,573,000	-1,859,000	-1,962,000	-2,035,000	-2,229,000	-2,404,000	-2,682,000	-2,769,000	-2,902,000	-2,981,000	-3,157,000	-3,212,000	-2,598,000	-2,140,000	-2,209,000	-1,299,000	-1,395,000	-1,022,000	-361,000	-331,000	-202,000	-200,000	-290,000	122,000	258,000	173,000	510,000	460,507	392,114	624,593	565,351	946,047	907,899	834,735	1,535,453	1,570,914	1,592,286	1,531,892	1,485,419	1,403,992	1,349,362	1,238,224	1,151,452	1,021,185	906,532	855,800	815,334	756,133	648,238	580,572	550,478	425,989	378,582	613,170	563,991	615,049	736,744	756,734	765,393	808,530	730,001	0	644,955	586,109	578,523	569,772	600,002	611,974	588,682	603,014	598,660	583,481	567,186	551,067	539,031	531,030	529,992	485,000	456,621	457,000	376,000	339,433	308,738	277,000	263,000	136,563	115,506	96,000	84,500	79,300	81,900
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	45,000	72,000	79,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	8,769,000	5,160,000	5,034,000	4,834,000	4,845,000	4,701,000	4,085,000	3,772,000	3,607,000	3,339,000	3,165,000	2,995,000	2,856,000	2,059,000	2,665,000	2,310,000	2,292,000	2,044,000	2,019,000	2,009,000	1,404,000	1,292,000	1,162,000	1,066,000	997,000	600,000	578,000	539,000	521,000	503,000	485,000	479,000	466,000	477,000	497,000	547,000	557,000	567,000	557,000	571,000	583,000	595,000	579,000	588,000	576,000	567,000	574,000	554,000	560,000	552,000	550,896	553,000	569,000	585,672	542,000	549,000	571,858	565,000	583,000	601,000	626,000	610,000	599,000	359,808	359,808	264,832	265,000	271,000	261,000	177,000	177,000	180,206	178,000	179,000	178,951	169,000	179,000	182,000	183,000	190,029	190,000	196,000	199,000	149,000	135,000	139,000	144,000	120,000	120,000	109,000	95,000	74,000	47,000	37,000	35,000	30,443	25,900	26,600	22,700	22,700
Property Plant And Equipment Net	5,260,000	5,160,000	5,034,000	4,834,000	4,845,000	4,701,000	4,085,000	3,772,000	3,607,000	3,339,000	3,165,000	2,995,000	2,856,000	2,740,000	2,665,000	2,310,000	2,292,000	2,044,000	2,019,000	2,009,000	1,404,000	1,292,000	1,162,000	1,066,000	997,000	600,000	578,000	539,000	521,000	503,000	485,000	479,000	466,000	477,000	497,000	547,000	557,282	566,601	556,911	570,802	582,740	595,418	578,948	588,023	576,144	566,540	574,056	553,541	560,072	551,757	550,896	553,366	568,857	585,672	542,216	548,916	571,858	565,296	582,914	601,053	625,798	609,674	599,478	522,056	359,808	322,946	264,832	271,190	260,828	177,144	0	180,206	178,152	178,505	178,951	169,236	178,955	182,198	182,988	185,041	190,029	196,230	198,945	148,904	135,152	138,778	143,578	120,128	120,000	108,695	94,863	74,333	47,280	37,425	34,908	30,443	25,900	26,600	22,700	22,700
Property Plant Equipment	0	0	3,799,000	3,740,000	3,807,000	4,701,000	4,085,000	2,916,000	3,607,000	3,339,000	3,165,000	2,268,000	2,149,000	2,059,000	2,665,000	1,715,000	1,674,000	2,044,000	2,019,000	1,473,000	1,404,000	1,292,000	1,162,000	1,066,000	997,000	600,000	578,000	539,000	521,000	503,000	485,000	479,000	466,000	477,000	497,000	547,000	557,282	566,601	556,911	570,802	582,740	595,418	578,948	588,023	576,144	566,540	574,056	553,541	560,072	551,757	550,896	553,366	568,857	585,672	542,216	548,916	571,858	565,296	582,914	601,053	625,798	609,674	599,478	522,056	359,808	322,946	264,832	271,190	260,828	220,540	177,144	180,206	178,152	178,505	178,951	169,236	178,955	182,198	182,988	185,041	190,029	196,230	198,945	148,904	135,152	138,778	143,578	131,267	120,128	108,695	94,863	74,333	47,280	37,425	34,908	30,443	25,886	26,600	22,700	22,700
Retained Earnings	29,817,000	20,360,000	14,921,000	12,115,000	10,171,000	9,905,000	12,971,000	15,758,000	16,235,000	25,359,000	22,995,000	20,721,000	18,908,000	17,550,000	16,313,000	15,790,000	14,971,000	14,118,000	13,317,000	12,862,000	12,565,000	12,096,000	10,957,000	9,948,000	8,787,000	7,760,000	7,006,000	6,506,000	6,108,000	5,529,000	4,675,000	4,484,000	4,350,000	4,204,000	4,010,000	4,037,000	3,948,877	3,801,966	3,675,071	3,594,527	3,504,742	3,406,154	3,330,815	3,277,713	3,246,088	3,118,981	2,909,901	2,790,855	2,730,418	2,614,393	2,436,120	2,284,547	2,149,328	1,977,677	1,892,815	2,033,776	1,896,182	1,765,106	1,657,529	1,762,831	1,964,169	2,111,834	2,050,086	2,171,015	1,994,210	1,737,217	1,501,556	1,328,824	1,196,565	926,548	927,000	965,776	875,100	777,048	711,795	636,958	572,514	524,505	498,626	493,507	472,158	447,992	441,636	417,486	397,739	346,802	395,438	306,940	307,000	232,727	188,066	154,490	128,623	97,563	69,495	46,973	28,700	14,100	3,500	-3,200
Retained Earnings Total Equity	0	0	14,921,000	12,115,000	10,171,000	9,905,000	0	15,758,000	16,235,000	25,359,000	22,995,000	20,721,000	18,908,000	17,550,000	16,313,000	15,790,000	14,971,000	14,118,000	13,317,000	12,862,000	12,565,000	12,096,000	10,957,000	9,948,000	8,787,000	7,760,000	7,006,000	6,506,000	6,108,000	5,529,000	4,675,000	4,484,000	4,350,000	4,204,000	4,010,000	4,037,000	3,948,877	3,801,966	3,675,071	3,594,527	3,504,742	3,406,154	3,330,815	3,277,713	3,246,088	3,118,981	2,909,901	2,790,855	2,730,418	2,614,393	2,436,120	2,284,547	2,149,328	1,977,677	1,892,815	2,033,776	1,896,182	1,765,106	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	1,250,000	1,249,000	1,249,000	1,250,000	1,250,000	1,249,000	1,249,000	0	0	0	1,000,000	999,000	999,000	998,000	0	0	0	0	0	80,000	0	3,000	14,000	14,000	15,000	23,000	2,076,000	215,000	796,000	1,011,000	1,428,000	1,421,000	1,413,000	0	0	0	1,398,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	11,056,000	11,027,000	10,954,000	12,080,000	11,855,000	11,748,000	11,692,000	11,699,000	11,687,000	11,687,000	12,659,000	7,738,000	7,597,000	7,565,000	7,695,000	7,578,000	2,552,000	2,548,000	2,556,000	2,554,000	1,988,000	1,990,000	2,001,000	2,000,000	2,000,000	2,010,000	2,073,000	2,210,000	2,816,000	3,045,000	1,508,000	1,509,000	1,510,000	1,417,000	1,411,000	1,404,000	1,398,428	1,392,236	1,386,091	1,379,959	1,373,875	17,015	17,685	18,333	18,998	19,627	20,237	20,830	21,439	21,949	22,493	22,957	23,389	23,359	23,734	24,098	24,450	24,760	25,060	25,351	25,634	0	0	0	0	0	0	0	0	340	0	0	0	0	0	8,578	856	1,360	2,038	3,388	4,871	8,422	310,050	310,397	310,556	311,920	313,533	309,757	310,000	310,955	305,691	300,736	300,966	301,329	1,776	2,497	3,300	9,000	8,700	13,200
Short Term Debt	1,478,000	1,479,000	1,457,000	1,437,000	1,250,000	1,249,000	1,249,000	0	1,409,000	140,000	1,000,000	1,134,000	999,000	998,000	124,000	100,000	91,000	89,000	84,000	80,000	665,000	3,000	14,000	14,000	15,000	24,000	86,000	222,000	827,000	1,056,000	1,500,000	1,500,000	1,500,000	163,000	192,000	136,000	142,073	315,049	303,369	287,927	308,110	314,562	317,953	293,412	311,030	295,026	300,726	251,780	288,798	0	0	0	336,380	0	0	0	390,277	354,034	0	0	0	0	0	0	0	0	0	0	0	340	0	0	0	0	0	345	856	1,360	2,038	3,043	4,015	5,788	6,528	6,203	5,676	5,580	5,607	3,896	0	4,014	2,019	429	588	685	1,104	1,550	1,800	2,000	1,800	1,900
Short Term Investments	18,704,000	12,762,000	10,240,000	10,241,000	9,907,000	10,343,000	14,024,000	16,451,000	19,218,000	18,010,000	14,026,000	11,689,000	10,714,000	7,888,000	7,707,000	860,000	1,000	4,000	1,370,000	5,030,000	6,640,000	6,870,000	7,225,000	6,535,000	3,106,000	3,518,000	3,889,000	4,217,000	5,032,000	4,731,000	4,453,000	4,207,000	4,441,000	4,257,000	4,070,000	4,328,000	4,126,685	3,846,114	3,870,962	3,838,652	3,520,223	2,470,870	2,344,572	3,151,928	2,995,097	2,909,384	2,778,482	2,761,677	2,461,700	2,181,538	1,941,882	2,042,908	1,825,202	1,536,046	1,395,497	1,317,634	1,281,006	1,019,589	942,320	825,873	837,702	843,635	938,087	818,331	1,082,509	796,251	656,818	628,073	573,436	462,744	463,000	467,290	398,418	421,870	475,376	450,508	461,533	431,163	432,745	460,628	389,621	380,313	737,290	771,542	681,419	589,042	579,595	458,377	458,000	318,674	0	0	24,500	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	65,728,000	54,148,000	49,555,000	44,460,000	41,182,000	40,488,000	43,476,000	45,212,000	44,187,000	40,632,000	38,650,000	30,796,000	28,791,000	26,881,000	25,180,000	23,254,000	17,315,000	15,810,000	14,775,000	14,021,000	13,292,000	13,657,000	12,882,000	11,460,000	11,241,000	9,830,000	9,402,000	9,410,000	9,841,000	9,612,000	7,461,000	7,108,000	7,370,000	7,174,000	6,979,000	7,291,000	7,201,368	6,885,869	6,933,719	6,864,663	7,250,894	5,711,373	5,569,592	6,279,527	6,412,245	6,075,144	5,891,881	5,708,167	5,552,928	5,089,043	4,913,614	4,736,744	4,495,246	3,915,579	3,731,268	3,803,030	3,585,918	3,463,574	3,298,409	3,178,704	3,350,727	3,648,898	3,960,049	3,807,458	3,747,671	3,475,263	3,036,267	2,800,868	2,675,263	2,183,829	2,184,000	2,161,453	1,915,299	1,805,508	1,728,218	1,635,094	1,628,536	1,539,656	1,480,889	1,458,190	1,399,344	1,458,780	1,780,113	1,687,533	1,617,015	1,629,697	1,615,154	1,503,174	1,503,000	1,247,350	1,189,258	1,081,784	1,016,427	983,346	507,183	447,791	202,300	157,600	134,400	126,700
Total Current Assets	44,345,000	32,658,000	28,797,000	24,883,000	23,073,000	23,223,000	27,418,000	29,575,000	28,829,000	25,806,000	25,806,000	18,127,000	16,055,000	14,393,000	14,681,000	19,584,000	13,690,000	12,420,000	11,391,000	10,629,000	10,557,000	11,386,000	10,831,000	9,448,000	9,255,000	8,479,000	8,070,000	8,116,000	8,536,000	8,307,000	6,156,000	5,790,000	6,053,000	5,834,000	5,608,000	5,832,000	5,713,297	5,341,109	5,377,586	5,273,798	5,624,711	4,049,841	3,922,608	4,606,616	4,775,258	4,424,827	4,213,851	4,032,116	3,905,358	3,500,071	3,317,557	3,496,763	3,226,950	2,807,702	2,655,962	2,726,980	2,480,830	2,357,716	2,167,905	2,020,684	2,167,958	2,480,099	2,814,219	2,748,993	2,888,829	2,756,054	2,397,405	2,154,233	2,031,770	1,726,289	1,726,000	1,722,627	1,548,932	1,449,976	1,401,915	1,319,657	1,304,926	1,211,151	1,146,294	1,116,957	1,052,712	1,058,104	1,446,043	1,400,789	1,351,602	1,346,296	1,324,480	1,234,109	1,234,000	1,006,937	965,730	880,653	930,409	925,740	466,936	413,226	173,200	127,600	108,100	103,400
Total Current Liabilities	10,631,000	9,101,000	10,334,000	7,260,000	6,563,000	6,855,000	7,573,000	5,562,000	4,335,000	3,612,000	4,448,000	4,004,000	3,925,000	3,669,000	2,410,000	1,903,000	1,784,000	1,475,000	1,317,000	1,183,000	1,329,000	1,608,000	1,462,000	1,106,000	1,153,000	1,028,000	1,034,000	990,000	1,819,000	2,086,000	2,479,000	2,456,000	2,438,000	855,000	936,000	883,000	896,030	933,907	868,729	897,945	945,496	985,927	935,791	925,577	976,223	991,359	1,021,960	947,404	929,958	886,684	960,299	981,166	942,682	816,489	819,139	765,293	784,378	888,806	891,321	702,172	778,591	1,004,465	1,135,016	876,552	967,161	856,442	680,798	623,867	638,807	505,044	505,000	534,386	438,659	427,167	425,498	375,520	421,156	415,153	374,036	358,551	334,112	435,502	476,238	416,509	379,448	444,080	423,696	433,494	433,000	329,773	160,151	118,181	110,335	121,229	100,421	84,398	76,200	52,200	45,000	38,700
Total Liab	22,750,000	20,883,000	22,054,000	19,940,000	19,081,000	19,139,000	19,625,000	18,892,000	17,575,000	16,834,000	17,503,000	12,022,000	11,898,000	11,547,000	11,266,000	10,155,000	5,111,000	4,596,000	4,439,000	4,317,000	3,950,000	4,182,000	4,087,000	3,743,000	3,770,000	3,478,000	3,429,000	3,278,000	4,079,000	4,288,000	2,981,000	2,912,000	2,901,000	2,709,000	2,794,000	2,735,000	2,783,386	2,681,276	2,628,933	2,697,678	2,794,496	1,390,726	1,397,419	1,455,343	1,584,542	1,352,298	1,438,216	1,420,739	1,407,204	1,115,593	1,224,145	1,288,936	1,313,784	1,017,699	970,754	942,385	920,778	1,039,939	1,051,000	859,828	956,075	1,161,823	1,297,134	1,070,280	1,129,759	997,337	775,989	704,974	668,344	529,281	529,000	552,802	457,543	456,067	452,985	404,507	450,268	431,245	385,727	372,087	348,159	449,098	784,260	726,703	684,328	750,420	731,622	739,355	739,000	636,714	661,687	618,488	610,713	621,873	301,093	285,345	77,700	59,200	51,900	50,000
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	42,978,000	33,265,000	27,501,000	24,520,000	22,101,000	21,349,000	23,851,000	26,320,000	26,612,000	23,798,000	21,147,000	18,774,000	16,893,000	15,334,000	13,914,000	13,099,000	12,204,000	11,214,000	10,336,000	9,704,000	9,342,000	9,475,000	8,795,000	7,717,000	7,471,000	6,352,000	5,973,000	6,132,000	5,762,000	5,324,000	4,480,000	4,196,000	4,469,000	4,465,000	4,185,000	4,556,000	4,417,982	4,204,593	4,304,786	4,166,985	4,456,398	4,320,647	4,172,173	4,824,184	4,827,703	4,722,846	4,453,665	4,287,428	4,145,724	3,973,450	3,689,469	3,447,808	3,181,462	2,897,880	2,760,514	2,860,645	2,665,140	2,423,635	2,247,409	2,318,876	2,394,652	2,487,075	2,662,915	2,737,178	2,617,912	2,477,926	2,260,278	2,095,894	2,006,919	1,654,548	1,654,548	1,608,651	1,457,756	1,349,441	1,275,233	1,230,587	1,178,268	1,108,411	1,095,162	1,086,103	1,051,185	1,009,682	995,853	960,830	932,687	879,277	883,532	763,819	764,000	610,636	527,571	463,296	405,714	361,473	206,090	162,446	124,600	98,400	82,500	76,700
Treasury Stock	0	0	0	0	0	0	0	0	0	-12,038,000	-11,604,000	-11,242,000	-10,756,000	-10,530,000	-10,232,000	-10,036,000	-9,814,000	-9,726,000	-9,524,000	-9,474,000	-9,263,000	-8,489,000	-7,821,000	-7,755,000	-6,650,000	-6,614,000	-6,070,000	-5,297,000	-5,039,000	-4,783,000	-4,608,000	-4,508,000	-4,048,000	-3,912,000	-3,765,000	-3,476,000	-3,394,585	-3,390,985	-3,058,149	-2,926,789	-2,537,295	-2,499,990	-2,269,766	-1,737,025	-1,622,709	-1,522,709	-1,509,087	-1,509,088	-1,496,904	-1,496,904	-1,487,093	-1,487,079	-1,479,392	-1,479,392	-1,473,656	-1,473,655	-1,463,268	-1,463,268	-1,463,268	-1,463,268	-1,463,268	-1,463,268	-1,163,528	-1,163,528	-1,039,632	-861,547	-736,506	-612,120	-487,120	-387,120	-387,120	-262,142	-212,142	-162,142	-122,142	-72,100	-24,644	-24,644	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,000	2,000	7,000	31,000	45,000	72,000	79,000	87,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2024-01-31	2023-01-31	2022-01-31	2021-01-31	2020-01-31	2019-01-31	2018-01-31	2017-01-31	2016-01-31	2015-01-31	2014-01-31	2013-01-31	2012-01-31	2011-01-31	2010-01-31	2009-01-31	2008-01-31	2007-01-31	2006-01-31	2005-01-31	2004-01-31	2003-01-31	2002-01-31	2001-01-31	2000-01-31	1999-01-31
Begin Period Cash Flow	3,389,000	1,990,000	847,000	10,896,000	782,000	4,002,000	1,766,000	596,000	497,000	1,151,587	732,786	667,876	665,361	447,221	417,688	726,969	544,414	551,756	208,512	214,422	346,994	333,000	674,275	61,560	50,300	8,000
Capital Expenditures	1,069,000	1,833,000	976,000	1,128,000	489,000	600,000	593,000	176,000	86,000	122,381	255,186	183,309	138,735	97,890	77,601	407,670	187,745	145,256	79,600	67,261	127,604	63,123	161,075	36,329	11,600	7,900
Cash And Cash Equivalents Changes	0	1,399,000	1,143,000	-10,049,000	10,114,000	-3,220,000	2,236,000	1,170,000	99,000	-654,933	418,801	64,910	2,515	218,140	29,533	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-164,000	-1,715,000	-394,000	77,000	-55,000	20,000	-21,000	23,000	-12,122	-31,355	74,682	-78,679	195,528	-129,830	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	3,891,000	1,399,000	1,143,000	-10,049,000	10,114,000	-3,220,000	2,236,000	1,170,000	99,000	-654,933	418,801	64,910	2,515	218,140	29,533	-309,281	182,555	-7,342	343,244	-5,910	-132,572	13,994	-341,275	612,715	11,300	52,100
Change In Working Capital	-3,722,000	-2,207,000	-3,363,000	-703,000	717,000	-857,000	185,000	-679,000	-51,000	-202,527	12,237	-112,322	2,149	151,699	136,415	-33,333	169,949	-132,870	20,133	-95,111	-180,768	35,402	-98,443	-84,776	-42,500	-12,600
Change Receivables	0	822,000	-2,215,000	-550,000	-233,000	-149,000	-440,000	-321,000	-32,000	-49,324	28,852	-118,940	26,236	26,341	-56,741	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-6,172,000	822,000	-2,215,000	-550,000	-233,000	-149,000	-440,000	-321,000	-32,000	-49,324	28,852	-118,940	26,236	26,341	-56,741	348,873	-146,055	-175,261	-21,415	-88,222	-41,356	-9,070	-43,806	-38,000	-46,000	0
Change To Inventory	-98,000	-2,554,000	-774,000	-524,000	597,000	-776,000	-375,000	-375,000	66,000	-94,984	24,651	-78,949	18,884	-14,128	204,656	-177,295	-3,690	-91,395	60,726	-81,280	-85,126	68,831	-123,497	-52,274	-9,000	-28,100
Change To Liabilities	0	1,042,000	568,000	765,000	276,000	123,000	90,000	184,000	-69,000	-62,646	-20,382	10,885	35,708	-69,786	119,366	0	0	0	0	103,508	0	0	250,363	34,808	28,697	0
Change To Netincome	0	583,000	1,545,000	1,095,000	867,000	197,000	71,000	498,000	347,000	230,000	149,642	147,723	121,712	97,707	221,679	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	76,000	-942,000	8,000	159,000	203,000	535,000	-167,000	-74,000	-32,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1,508,000	1,544,000	1,174,000	1,098,000	381,000	262,000	199,000	187,000	197,000	220,125	239,148	226,235	204,205	186,989	196,664	185,023	133,192	107,562	97,977	102,597	82,688	58,216	43,497	15,836	9,700	6,500
Dividends Paid	395,000	398,000	399,000	395,000	390,000	371,000	341,000	261,000	213,000	186,452	181,336	46,866	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	7,280,000	3,389,000	1,990,000	847,000	10,896,000	782,000	4,002,000	1,766,000	596,000	496,654	1,151,587	732,786	667,876	665,361	447,221	417,688	726,969	544,414	551,756	208,512	214,422	346,994	333,000	674,275	61,600	60,100
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	27,021,000	3,808,000	8,132,000	4,694,000	4,272,000	3,143,000	2,909,000	1,496,000	1,089,000	783,275	579,960	640,863	770,421	577,907	410,206	-158,310	1,082,451	441,855	366,808	64,939	-77,926	201,909	-269	31,580	4,300	-9,800
Investments	-10,566,000	7,375,000	-8,591,000	-9,989,000	6,648,000	-3,488,000	1,278,000	-793,000	-339,000	-625,000	-553,437	-561,035	-654,155	-549,625	-441,514	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	3,977,000	4,968,000	-17,000	-16,000	-812,000	1,315,000	-3,000	-2,917	1,308,161	-2,049	-1,608	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	29,760,000	4,368,000	9,752,000	4,332,000	2,796,000	4,141,000	3,047,000	1,666,000	614,000	630,587	439,990	562,536	581,090	253,146	-67,987	-30,041	797,645	448,834	302,586	100,356	74,419	90,799	176,924	99,937	38,100	4,100
Other Cashflows From Financing Activities	-2,858,000	-1,180,000	3,264,000	4,199,000	1,177,000	-1,037,000	-621,000	-15,000	-27,000	110,328	1,395,536	-62,212	52,793	14,745	-76,970	815	220	188	-856	-4,015	-308,048	799	8,716	489,056	-6,400	14,200
Other Cashflows From Investing Activities	0	-1,959,000	-1,263,000	-9,686,000	-503,000	-609,000	-627,000	-5,000	-61,000	-102,019	-252,500	-182,957	-350,474	-100,053	-77,819	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-516,000	1,391,000	-53,000	-20,000	5,000	-45,000	39,000	54,000	77,000	17,061	-7,954	-20,799	-33,698	-13,744	1,036	-11,718	76,330	5,084	35,238	11,545	17,532	51,003	90,378	64,113	10,600	100
Sale Purchase Of Stock	-9,533,000	-10,039,000	-1,904,000	-942,000	-1,579,000	-1,579,000	-909,000	-739,000	-587,000	-813,600	-887,304	-100,000	195,900	177,300	138,029	-423,636	-552,512	-274,978	-188,509	-24,644	37,800	25,500	90,500	116,600	13,400	0
Stock Based Compensation	3,549,000	2,709,000	2,004,000	1,397,000	844,000	557,000	391,000	247,000	204,000	157,841	136,295	136,662	136,354	100,353	242,826	162,706	3,564	116,735	1,096	672	672	-156	364	0	0	0
Total Cash From Financing Activities	-13,633,000	-11,617,000	1,865,000	3,804,000	-792,000	-2,866,000	-2,544,000	291,000	-676,000	-833,541	389,592	-15,270	236,723	192,021	61,059	-349,274	-326,323	-53,630	-61,377	13,843	-270,291	26,286	99,091	605,635	7,000	52,100
Total Cash From Operating Activities	28,090,000	5,641,000	9,108,000	5,822,000	4,761,000	3,743,000	3,502,000	1,672,000	1,175,000	905,656	835,146	824,172	909,156	675,797	487,807	249,360	1,270,196	587,111	446,408	132,200	49,678	265,032	160,806	67,909	15,900	-1,900
Total Cashflows From Investing Activities	0	7,375,000	-9,830,000	-19,675,000	6,145,000	-4,097,000	1,278,000	-793,000	-400,000	-727,000	-805,937	-743,992	-1,143,364	-649,678	-519,333	0	0	0	0	0	88,041	0	0	0	0	0

	2024-01-31	2023-10-31	2023-07-31	2023-04-30	2023-01-31	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-07-31	2019-04-30	2019-01-31	2018-10-31	2018-07-31	2018-04-30	2018-01-31	2017-10-31	2017-07-31	2017-04-30	2017-01-31	2016-10-31	2016-07-31	2016-04-30	2016-01-31	2015-10-31	2015-07-31	2015-04-30	2015-01-31	2014-10-31	2014-07-31	2014-04-30	2014-01-31	2013-10-31	2013-07-31	2013-04-30	2013-01-31	2012-10-31	2012-07-31	2012-04-30	2012-01-31	2011-10-31	2011-07-31	2011-04-30	2011-01-31	2010-10-31	2010-07-31	2010-04-30	2010-01-31	2009-10-31	2009-07-31	2009-04-30	2009-01-31	2008-10-31	2008-07-31	2008-04-30	2008-01-31	2007-10-31	2007-07-31	2007-04-30	2007-01-31	2006-10-31	2006-07-31	2006-04-30	2006-01-31	2005-10-31	2005-07-31	2005-04-30	2005-01-31	2004-10-31	2004-07-31	2004-04-30	2004-01-31	2003-10-31	2003-07-31	2003-04-30	2003-01-31	2002-10-31	2002-07-31	2002-04-30	2002-01-31	2001-10-31	2001-07-31	2001-04-30	2001-01-31	2000-10-31	2000-07-31	2000-04-30	2000-01-31	1999-10-31	1999-07-31	1999-04-30
Begin Period Cash Flow	5,519,000	5,882,000	5,079,000	3,389,000	2,800,000	3,013,000	3,887,000	1,990,000	1,288,000	5,628,000	978,000	847,000	2,251,000	3,274,000	15,494,000	10,896,000	9,765,000	7,105,000	2,772,000	782,000	721,000	718,000	765,000	4,002,000	2,802,000	1,988,000	1,989,000	1,766,000	1,940,000	426,000	547,000	596,000	471,000	435,000	464,000	497,000	394,683	515,092	509,165	1,151,587	562,084	591,321	561,423	732,786	525,388	499,618	369,135	667,876	566,816	532,614	683,633	665,361	451,174	377,003	447,262	447,221	614,490	523,785	512,274	417,688	461,253	719,143	803,308	726,969	1,056,702	914,745	678,951	544,414	741,746	487,763	488,000	551,756	364,308	242,170	281,004	208,512	156,687	180,579	196,675	214,422	231,813	274,297	278,796	346,994	322,535	246,816	307,151	398,491	398,491	681,078	627,301	674,275	694,883	289,205	269,800	61,560	55,200	46,800	46,400	50,300
Capital Expenditures	254,000	278,000	289,000	248,000	509,000	530,000	433,000	361,000	273,000	221,000	183,000	298,000	283,000	473,000	217,000	155,000	144,000	103,000	113,000	128,000	203,000	150,000	129,000	118,000	416,000	69,000	54,000	54,000	51,000	38,000	32,000	55,000	15,000	17,000	24,000	30,000	31,045	39,741	22,527	29,068	66,374	38,159	84,986	65,667	47,758	44,684	61,944	28,923	45,182	39,035	23,323	31,195	21,343	21,823	37,644	17,080	22,575	16,593	17,656	20,777	42,975	109,008	53,514	202,173	70,339	49,703	30,076	37,627	75,692	20,111	20,111	20,667	23,445	13,466	29,185	13,504	17,977	14,057	16,628	18,599	12,356	23,385	66,271	25,592	9,940	4,159	27,832	84,260	84,260	21,245	23,829	31,741	14,735	6,534	7,609	7,451	1,700	5,200	2,200	2,500
Cash And Cash Equivalents Changes	0	0	803,000	1,690,000	0	0	0	1,897,000	702,000	-4,340,000	4,650,000	131,000	-1,404,000	-1,023,000	-12,220,000	4,598,000	1,131,000	2,660,000	4,333,000	1,990,000	61,000	3,000	-47,000	-3,237,000	1,200,000	814,000	-1,000	223,000	-174,000	1,514,000	-121,000	-49,000	125,000	36,000	-29,000	-33,000	101,971	-120,409	5,927	-642,422	589,503	-29,237	29,898	-171,363	207,398	25,770	130,483	-298,741	101,060	34,202	-151,019	18,272	214,187	74,171	-70,259	41	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	-377,000	-215,000	0	0	0	92,000	-158,000	-1,575,000	16,000	2,000	15,000	-443,000	42,000	-8,000	22,000	19,000	31,000	5,000	13,000	-24,000	-6,000	-38,000	45,000	-11,000	-12,000	-2,000	9,000	-10,000	1,000	-21,000	18,000	-11,000	36,000	-20,000	508	-1,686	6,591	-17,535	-34,253	3,409	-9,684	9,173	86,684	-8,584	46,564	-49,982	156,336	-107,818	-65,527	-61,670	158,127	-58,086	130,195	-34,708	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	1,761,000	-363,000	803,000	1,690,000	589,000	-213,000	-874,000	1,897,000	702,000	-4,340,000	4,650,000	131,000	-1,404,000	-1,023,000	-12,220,000	4,598,000	1,131,000	2,660,000	4,333,000	1,990,000	61,000	3,000	-47,000	-3,237,000	1,200,000	814,000	-1,000	223,000	-174,000	1,514,000	-121,000	-49,000	125,000	36,000	-29,000	-33,000	101,971	-120,409	5,927	-642,422	589,503	-29,237	29,898	-171,363	207,398	25,770	130,483	-298,741	101,060	34,202	-151,019	18,272	214,187	74,171	-70,259	41	-167,269	90,705	11,511	94,586	-43,565	-257,890	-84,165	76,339	-329,733	141,957	235,794	134,537	-197,332	-99,340	-99,300	-63,993	187,448	122,138	-38,834	72,492	51,825	-23,892	-16,096	-17,747	-17,391	-42,484	-4,499	-68,198	24,459	75,719	-60,335	-65,491	-65,491	-282,587	53,777	-46,974	-20,608	405,678	19,405	208,240	6,400	8,400	400	700
Change In Working Capital	-1,719,000	-1,666,000	-172,000	904,000	288,000	-873,000	29,000	-1,650,000	-679,000	-1,771,000	-277,000	-636,000	87,000	-688,000	256,000	-359,000	166,000	401,000	50,000	101,000	452,000	-853,000	-428,000	-28,000	571,000	115,000	-110,000	-391,000	-115,000	-339,000	-207,000	-18,000	157,000	-148,000	-40,000	-20,000	126,456	-82,183	-156,124	-90,676	150,759	-58,030	-93,305	12,813	228,821	-146,695	-34,337	-160,111	197,032	11,056	-166,451	-39,488	212,861	40,698	129,827	-231,687	-136,173	-42,287	170,328	144,547	64,783	-117,343	161,713	-142,486	-93,737	100,630	57,625	105,431	-44,526	-143,688	32,759	-81,747	78,813	-6,488	-52,486	294	-4,007	-49,200	-58,742	16,838	-112,191	-47,003	-25,830	4,256	28,538	83,650	-22,496	-30,787	-30,787	-62,667	10,767	-15,756	-2,643	-37,924	-54,690	10,481	-21,100	-3,900	-12,800	-4,700
Change Receivables	0	0	-2,987,000	-252,000	0	0	0	-788,000	-692,000	-366,000	-562,000	-595,000	117,000	-462,000	44,000	-249,000	-201,000	105,000	-319,000	182,000	794,000	-557,000	-442,000	56,000	-98,000	45,000	-237,000	-150,000	7,000	-190,000	-121,000	-17,000	31,000	-22,000	-59,000	18,000	89,405	-92,982	-73,824	28,077	21,046	-29,465	-71,205	108,476	-9,932	210	-33,849	-75,369	35,070	48,677	-63,331	5,820	50,908	-3,374	133,818	-155,011	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-1,690,000	-1,244,000	-2,986,000	-252,000	1,081,000	410,000	120,000	-788,000	-692,000	-366,000	-563,000	-595,000	117,000	-463,000	44,000	-249,000	-202,000	105,000	-319,000	182,000	794,000	-557,000	-442,000	56,000	-98,000	45,000	-237,000	-150,000	7,000	-190,000	-121,000	-17,000	31,000	-22,000	-59,000	18,000	89,405	-92,982	-73,824	28,077	21,046	-29,465	-71,205	108,476	-9,932	210	-33,849	-75,369	35,070	48,677	-63,331	5,820	50,908	-3,374	133,818	-155,011	23,008	-45,991	-47,929	14,171	289,597	71,000	-27,000	15,826	-113,112	-36,897	-36,000	47,847	-62,926	-68,124	-68,124	-64,135	34,206	-6,984	0	49,430	-110,312	-62,207	-51,653	-8,181	-39,000	33,843	-35,346	-1,561	-4,392	-17,001	16,640	-43,806	-29,000	-5,000	-26,000	18,000	-1,000	-19,000	-13,000	0	-11,000	0	-16,000	-13,000
Change To Inventory	-503,000	-457,000	296,000	566,000	-706,000	-563,000	-725,000	-560,000	-374,000	-118,000	-123,000	-159,000	-334,000	-93,000	54,000	-151,000	66,000	153,000	225,000	153,000	-156,000	-325,000	-293,000	-2,000	61,000	-35,000	-34,000	-27,000	-114,000	-157,000	-127,000	23,000	7,000	17,000	-3,000	45,000	-75,109	-20,383	6,187	-5,679	-7,527	-2,544	-6,788	41,510	9,429	-41,544	-44,643	-2,191	-20,864	41,917	33,014	-35,183	32,618	56,032	-45,962	-56,816	-53,073	1,165	45,331	211,233	-12,141	-92,015	-11,990	-61,149	-52,280	-29,899	55,649	22,840	21,145	-30,357	-30,357	-87,958	30,055	16,108	6,804	7,759	-17,967	-30,566	-32,189	-558	26,581	-38,894	-52,074	-20,739	59,997	80,307	-31,423	-92,914	-92,914	-30,878	-2,840	3,135	3,287	-25,057	-48,114	17,610	-25,900	-3,300	6,800	13,400
Change To Liabilities	0	0	2,895,000	805,000	-193,000	-917,000	304,000	959,000	183,000	195,000	209,000	116,000	291,000	309,000	116,000	49,000	278,000	124,000	113,000	-239,000	-199,000	53,000	313,000	-44,000	561,000	81,000	174,000	-212,000	-18,000	19,000	40,000	-6,000	110,000	-131,000	18,000	-66,000	112,757	29,696	-92,578	-112,521	161,022	-29,430	-5,628	-146,346	142,640	-96,777	-2,409	-32,569	26,490	17,584	-62,106	53,740	-47,918	45,618	-84,308	16,822	0	96,588	0	0	0	0	0	0	0	249,173	72,022	0	0	160,703	38,421	75,338	0	0	0	0	103,508	95,636	53,012	25,989	0	109,172	152,356	90,282	0	14,259	0	13,628	250,363	72,285	48,385	8,005	34,808	45,605	24,378	8,159	28,697	0	0	0
Change To Netincome	0	0	-32,000	-420,000	121,000	179,000	207,000	76,000	400,000	528,000	299,000	317,000	233,000	333,000	285,000	244,000	243,000	249,000	241,000	134,000	-198,000	42,000	181,000	172,000	-384,000	155,000	181,000	117,000	131,000	179,000	85,000	81,000	84,000	100,000	89,000	74,000	61,002	65,521	59,350	60,180	54,069	38,885	31,486	25,202	-10,186	61,952	59,982	35,975	45,566	13,397	36,239	26,510	22,894	40,249	-5,011	39,575	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	1,740,000	1,740,000	106,000	197,000	330,000	-557,000	204,000	-1,482,000	200,000	48,000	229,000	-360,000	166,000	-30,000	197,000	7,000	66,000	-111,000	173,000	-23,000	157,000	-104,000	535,000	-20,000	91,000	-2,000	-167,000	-11,000	1,000	-18,000	-74,000	0	0	0	-32,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	387,000	372,000	365,000	384,000	426,000	406,000	378,000	334,000	309,000	298,000	286,000	281,000	287,000	299,000	404,000	107,000	106,000	92,000	92,000	91,000	78,000	68,000	59,000	57,000	54,000	49,000	49,000	47,000	47,000	48,000	47,000	45,000	46,000	48,000	49,000	54,000	53,955	55,480	55,607	55,083	54,838	62,726	61,840	59,744	58,401	57,148	56,195	54,491	51,895	52,387	52,159	47,764	46,393	46,876	46,573	47,147	47,914	48,770	49,322	50,658	48,055	49,304	46,306	41,358	36,936	33,030	31,892	31,334	34,292	24,208	24,200	24,031	23,788	24,522	24,774	24,893	31,085	24,026	24,074	23,412	24,278	22,842	19,610	15,958	15,151	16,166	14,069	14,759	14,759	11,917	10,622	6,199	5,012	4,380	3,343	3,101	3,000	2,600	2,400	1,700
Dividends Paid	99,000	98,000	99,000	99,000	98,000	100,000	100,000	100,000	100,000	100,000	100,000	99,000	99,000	99,000	99,000	98,000	98,000	97,000	98,000	97,000	98,000	91,000	91,000	91,000	91,000	84,000	84,000	82,000	76,000	61,000	62,000	62,000	61,000	53,000	53,000	46,000	46,217	46,072	47,432	46,731	48,329	43,397	43,343	46,267	46,900	0	0	0	0	0	0	0	0	0	0	0	77,972	0	0	78,297	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	7,280,000	5,519,000	5,882,000	5,079,000	3,389,000	2,800,000	3,013,000	3,887,000	1,990,000	1,288,000	5,628,000	978,000	847,000	2,251,000	3,274,000	15,494,000	10,896,000	9,765,000	7,105,000	2,772,000	782,000	721,000	718,000	765,000	4,002,000	2,802,000	1,988,000	1,989,000	1,766,000	1,940,000	426,000	547,000	596,000	471,000	435,000	464,000	496,654	394,683	515,092	509,165	1,151,587	562,084	591,321	561,423	732,786	525,388	499,618	369,135	667,876	566,816	532,614	683,633	665,361	451,174	377,003	447,262	447,221	614,490	523,785	512,274	417,688	461,253	719,143	803,308	726,969	1,056,702	914,745	678,951	544,414	388,423	388,700	487,763	551,756	364,308	242,170	281,004	208,512	156,687	180,579	196,675	214,422	231,813	274,297	278,796	346,994	322,535	246,816	333,000	333,000	398,491	681,078	627,301	674,275	694,883	289,205	269,800	61,600	55,200	46,800	51,000
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	11,245,000	7,054,000	6,059,000	2,663,000	1,740,000	-138,000	837,000	1,370,000	2,760,000	1,298,000	2,499,000	1,576,000	1,784,000	806,000	1,350,000	754,000	1,321,000	1,537,000	823,000	592,000	695,000	337,000	784,000	1,327,000	942,000	1,088,000	651,000	228,000	670,000	420,000	152,000	254,000	496,000	238,000	139,000	216,000	411,684	175,882	73,755	121,954	334,338	124,156	11,483	109,983	403,251	136,801	138,942	-38,131	365,336	205,382	58,698	141,005	413,330	190,354	-3,300	-22,477	46,670	124,724	117,461	121,351	-62,820	-66,005	27,443	-56,928	182,132	330,422	301,035	268,862	154,703	-3,109	-2,200	29,729	201,938	70,633	18,162	76,075	81,194	-13,623	-45,519	42,887	-13,305	-32,000	-47,457	14,836	114,385	87,105	-27,164	-36,711	-36,711	-1,782	34,287	3,937	800	11,147	16,458	3,175	3,600	5,300	-5,500	900
Investments	-6,109,000	-3,170,000	-447,000	-841,000	-4,000	3,678,000	1,618,000	3,044,000	-1,254,000	-4,014,000	-2,350,000	-972,000	-2,812,000	-175,000	-6,136,000	-866,000	8,000	1,359,000	3,658,000	1,623,000	243,000	371,000	-669,000	-3,433,000	400,000	365,000	327,000	813,000	-321,000	-290,000	-243,000	235,000	-193,000	-187,000	245,000	-204,000	-287,132	24,396	-40,177	-322,116	-1,055,503	-131,069	796,804	-163,669	-93,895	-138,332	-22,461	-306,347	-283,613	-250,110	100,496	-220,928	-287,401	-142,030	-79,932	-40,262	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-1,250,000	-1,250,000	-1,250,000	-1,250,000	0	0	-21,000	-1,008,000	4,985,000	4,985,000	-3,000	-17,000	-8,000	4,979,000	4,979,000	4,979,000	4,979,000	0	-4,000	-10,000	-10,000	-2,000	-9,000	-62,000	-136,000	-605,000	-230,000	1,539,000	-1,000	-1,000	1,315,000	-1,000	-1,000	-1,000	-757	-737	-714	-709	1,309,330	0	-593	-576	-527	-511	-496	-515	-420	-457	-379	-352	0	-301	-292	-282	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	12,285,000	9,244,000	6,188,000	2,043,000	1,414,000	680,000	656,000	1,618,000	3,003,000	2,464,000	2,374,000	1,912,000	1,457,000	1,336,000	622,000	917,000	950,000	898,000	553,000	394,000	566,000	1,230,000	1,101,000	1,244,000	1,119,000	837,000	584,000	507,000	654,000	563,000	253,000	196,000	208,000	246,000	26,000	134,000	193,128	172,967	127,976	136,516	146,917	118,734	96,448	77,891	173,973	209,080	119,046	60,437	116,025	178,273	151,573	135,219	171,651	84,862	-140,961	137,594	131,076	107,577	-105,302	-201,338	-147,665	61,748	-120,929	176,805	256,993	235,661	172,732	132,259	163,506	88,141	86,800	90,676	98,052	65,253	74,837	64,444	48,009	25,879	5,119	21,349	24,166	6,356	24,150	19,747	50,936	-48,636	5,254	72,820	72,820	44,661	33,576	25,867	31,060	28,068	22,522	18,287	14,600	10,600	6,600	6,300
Other Cashflows From Financing Activities	-871,000	-621,000	-683,000	-281,000	-324,000	-168,000	-317,000	-328,000	364,000	-313,000	4,601,000	-372,000	-240,000	-202,000	-198,000	4,842,000	-85,000	-139,000	-50,000	-128,000	-53,000	-468,000	-64,000	-449,000	-34,000	-388,000	-1,000	-126,000	-10,000	1,889,000	16,000	9,000	-94,000	34,000	14,000	6,000	4,212	4,901	20,745	4,086	1,374,020	39,218	7,240	7,620	-101,648	27,595	14,796	8,675	29,776	27,682	1,058	13,644	16,495	-163,984	-119,101	-57,342	1,423	-215	238	78,297	815	-27,902	-174,646	24,533	220	-186,449	-57,888	-91,063	-22,371	7,892	-15,000	6,470	-10,703	-491	-345	-20	-504	-25,322	-1,350	-1,483	-3,551	-301,693	-1,390	-1,414	-1,364	-1,613	4,646	-1,123	-1,123	5,264	4,805	-230	-363	290,391	-471	199,499	-100	-600	-500	-5,200
Other Cashflows From Investing Activities	0	0	-503,000	-552,000	0	0	0	-432,000	-1,046,000	-220,000	5,000	-2,000	-1,162,000	-1,353,000	-7,137,000	-34,000	-503,000	6,640,000	5,281,000	1,623,000	-600,000	-2,000	-7,000	0	-601,000	-10,000	-11,000	-5,000	-177,000	1,000	6,000	-4,000	-91,000	5,000	25,000	-1,000	-122,381	-250	-250	20,862	-232,905	-18,145	0	-1,450	-183,092	217	-298	216	93,853	-39,035	-373,714	-31,578	-21,850	-21,954	-39,169	-17,080	0	0	782	0	0	1,468	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7,000	7,000	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-370,000	-1,066,000	-129,000	-20,000	30,000	-34,000	2,000	1,393,000	74,000	-10,000	19,000	-136,000	-17,000	2,000	-9,000	4,000	-796,000	4,000	3,000	-2,000	-10,000	-13,000	-14,000	-8,000	5,000	6,000	7,000	21,000	13,000	49,000	-8,000	-12,000	14,000	15,000	43,000	5,000	6,232	4,156	13,559	-6,886	4,478	-3,939	-3,361	-5,132	-35,131	-10	17,566	-3,224	5,316	-24,689	-2,876	-11,449	-19,126	-508	3,916	1,974	-2,818	2,017	8,046	-6,209	60,389	54,519	17,599	-3,742	-22,538	32,003	68,862	37,405	46,655	48,341	20,600	17,436	24,730	812	222	-52	10,606	-271	658	-113	62,798	9,190	884	467	-188	40,084	3,841	31,715	32,079	27,843	15,606	15,214	-17,894	23,157	52,892	-21,243	8,800	1,200	500	100
Sale Purchase Of Stock	-2,659,000	-3,807,000	-3,067,000	-507,000	-1,212,000	-3,485,000	-3,345,000	-1,996,000	0	0	0	0	0	0	0	88,000	3,000	63,000	0	83,000	-724,000	-200,000	3,000	-655,000	7,000	-151,000	-758,000	0	-230,000	-120,000	-9,000	-500,000	-135,000	35,000	-399,000	-53,000	-3,600	-310,000	17,800	-500,000	-37,304	33,400	-750,000	-100,000	-97,900	20,100	5,300	37,400	19,400	51,700	39,499	85,300	73,200	26,279	14,800	63,100	78,075	45,100	7,400	-78,075	6,800	-299,740	9,500	-123,896	-178,085	-125,041	-124,386	-125,000	-100,000	-124,978	-109,200	-50,000	-50,000	-40,000	-50,042	-48,467	11,700	-13,600	4,600	15,200	8,000	9,900	12,100	7,800	1,000	4,300	5,200	15,000	49,100	9,700	15,200	16,500	3,500	104,100	3,400	0	7,700	0	1,000	5,800
Stock Based Compensation	994,000	978,000	842,000	735,000	738,000	745,000	648,000	578,000	551,000	559,000	465,000	429,000	417,000	383,000	374,000	224,000	220,000	223,000	223,000	178,000	157,000	138,000	133,000	129,000	126,000	107,000	82,000	76,000	71,000	65,000	58,000	53,000	59,000	52,000	48,000	45,000	42,470	41,435	38,415	35,521	36,204	34,299	32,395	33,397	35,769	33,069	32,255	35,569	35,436	33,230	35,949	31,739	25,368	25,177	24,631	25,177	24,620	22,982	25,376	169,848	-20,562	-1,246	1,907	42,124	52,580	-49,201	0	37,405	14,319	17	0	24,111	0	0	0	285	1,337	0	0	383	0	0	0	156	0	0	0	364	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-3,629,000	-4,526,000	-5,098,000	-380,000	-1,656,000	-3,753,000	-3,762,000	-2,446,000	-744,000	-1,421,000	4,501,000	-471,000	-342,000	-301,000	-297,000	4,744,000	-183,000	-236,000	-148,000	-225,000	-877,000	-703,000	-155,000	-1,131,000	-134,000	-629,000	-968,000	-813,000	-522,000	1,383,000	-36,000	-534,000	-173,000	-20,000	-439,000	-44,000	-22,581	-320,437	-27,401	-463,122	1,288,387	-4,179	-778,389	-116,227	-102,175	27,084	14,300	45,521	19,037	78,930	40,178	98,578	88,765	25,978	14,498	62,780	47,260	44,885	7,551	-38,637	7,632	-272,991	9,524	-93,439	-156,286	-51,719	-37,429	-80,889	-55,818	-101,311	-102,200	43,125	-27,232	8,834	-30,503	-12,476	11,175	-14,286	3,256	13,698	4,454	-291,825	10,648	6,432	-384	2,713	9,846	47,846	47,846	15,007	19,989	16,249	3,092	394,531	2,947	205,065	2,700	3,200	400	700
Total Cash From Operating Activities	11,499,000	7,332,000	6,348,000	2,911,000	2,249,000	392,000	1,270,000	1,731,000	3,033,000	1,519,000	2,682,000	1,874,000	2,067,000	1,279,000	1,567,000	909,000	1,465,000	1,640,000	936,000	720,000	898,000	487,000	913,000	1,445,000	1,358,000	1,157,000	705,000	282,000	721,000	458,000	184,000	309,000	511,000	255,000	163,000	246,000	442,729	215,623	96,282	151,022	400,712	162,315	96,469	175,650	451,009	181,485	200,886	-9,208	410,518	244,417	82,021	172,200	434,673	212,177	34,344	-5,397	69,245	141,317	135,117	142,128	-19,845	43,003	80,957	145,245	252,471	380,125	331,111	306,489	230,395	17,002	17,900	50,396	225,383	84,099	47,347	89,579	99,171	434	-28,891	61,486	-949	-8,615	18,814	40,428	124,325	91,264	668	47,549	47,549	19,463	58,116	35,678	15,535	17,681	24,067	10,626	5,300	10,500	-3,300	3,400
Total Cashflows From Investing Activities	0	0	-446,000	-841,000	-3,000	3,148,000	1,618,000	2,612,000	-1,587,000	-4,439,000	-2,533,000	-1,272,000	-3,129,000	-2,001,000	-13,490,000	-1,055,000	-151,000	1,256,000	3,545,000	1,495,000	40,000	219,000	-805,000	-3,551,000	-24,000	286,000	262,000	754,000	-373,000	-327,000	-269,000	176,000	-213,000	-199,000	247,000	-235,000	-318,177	-15,595	-62,954	-330,322	-1,099,596	-187,373	711,818	-230,786	-141,436	-182,799	-84,703	-335,054	-328,495	-289,145	-273,218	-252,506	-309,251	-163,984	-119,101	-57,342	0	0	0	0	0	0	0	24,533	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	88,041	108,937	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2024-01-31	2023-01-31	2022-01-31	2021-01-31	2020-01-31	2019-01-31	2018-01-31	2017-01-31	2016-01-31	2015-01-31	2014-01-31	2013-01-31	2012-01-31	2011-01-31	2010-01-31	2009-01-31	2008-01-31	2007-01-31	2006-01-31	2005-01-31	2004-01-31	2003-01-31	2002-01-31	2001-01-31	2000-01-31	1999-01-31
Cost Of Revenue	16,621,000	11,618,000	9,439,000	6,279,000	4,150,000	4,545,000	3,892,000	2,847,000	2,199,000	2,082,030	1,862,399	2,053,816	1,941,413	2,134,219	2,149,522	2,250,590	2,228,580	1,768,322	1,464,892	1,360,547	1,294,067	1,333,435	850,233	444,262	225,900	103,200
Depreciation And Amortization	1,508,000	1,544,000	1,310,000	1,159,000	557,000	262,000	199,000	187,000	197,000	220,125	239,148	226,235	204,205	186,989	196,664	185,023	133,192	107,562	97,977	102,597	82,688	58,216	43,497	15,836	9,700	6,500
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	32,972,000	5,796,000	10,041,000	4,532,000	2,846,000	3,692,000	3,058,000	1,779,000	724,000	580,844	281,549	648,239	648,299	255,747	-312,260	-2,257	835,586	454,223	354,757	112,999	107,192	143,986	266,170	130,297	54,400	-9,100
Ebitda	34,480,000	7,340,000	11,351,000	5,691,000	3,403,000	3,954,000	3,257,000	1,966,000	921,000	800,969	520,697	874,474	852,504	442,736	-115,596	182,766	968,778	561,785	452,734	215,596	189,880	202,202	309,667	146,133	64,100	-2,600
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	368,000	133,000	0	0	0	0	0	0	0	0	0	0	704	0	0	0	0	0	0	0	0
Gross Profit	44,301,000	15,356,000	17,475,000	10,396,000	6,768,000	7,171,000	5,822,000	4,063,000	2,811,000	2,599,477	2,267,763	2,226,343	2,056,517	1,409,090	1,176,923	1,174,269	1,869,280	1,300,449	910,795	649,486	528,878	576,012	519,238	291,002	148,600	48,200
Income Before Tax	33,818,000	4,181,000	9,941,000	4,409,000	2,970,000	3,896,000	3,196,000	1,905,000	743,000	754,836	510,254	662,039	663,396	271,169	-82,294	-42,954	901,341	494,480	360,221	125,445	86,673	150,557	252,749	146,964	56,200	4,500
Income Tax Expense	4,058,000	-187,000	189,000	77,000	174,000	-245,000	149,000	239,000	129,000	124,249	70,264	99,503	82,306	18,023	-14,307	-12,913	103,696	46,350	57,635	25,089	12,254	59,758	75,825	47,027	18,100	400
Interest Expense	257,000	262,000	236,000	184,000	52,000	58,000	61,000	58,000	47,000	46,133	10,443	3,294	3,089	3,127	3,320	406	0	21	72	164	12,010	0	11,017	0	0	0
Interest Income	866,000	267,000	29,000	57,000	178,000	136,000	69,000	54,000	8,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	29,760,000	4,368,000	9,752,000	4,332,000	2,796,000	4,141,000	3,047,000	1,666,000	614,000	630,587	439,990	562,536	581,090	253,146	-67,987	-30,041	797,645	448,834	302,586	100,356	74,419	90,799	176,924	99,937	38,100	4,100
Net Income Applicable To Common Shares	0	4,368,000	9,752,000	4,332,000	2,796,000	4,141,000	3,047,000	1,666,000	614,000	630,587	439,990	562,536	581,090	253,146	-67,987	0	797,645	448,130	301,176	100,356	74,419	90,799	176,924	99,937	38,098	0
Net Income From Continuing Ops	29,760,000	4,368,000	9,752,000	4,332,000	2,796,000	4,141,000	3,047,000	1,666,000	614,000	631,000	439,990	562,536	581,090	253,146	-67,987	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	609,000	5,000	-207,000	-127,000	126,000	78,000	8,000	-4,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	219,000	136,000	61,000	176,000	150,000	47,000	29,000	43,000	41,980	24,470	17,094	18,186	18,549	19,971	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	3,000	131,000	131,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	32,972,000	4,224,000	10,041,000	4,532,000	2,846,000	3,804,000	3,210,000	1,934,000	747,000	758,989	496,227	648,239	648,299	255,747	-98,945	-70,700	836,346	453,452	340,097	113,593	90,157	143,986	241,732	130,291	54,400	-2,300
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	27,950,000	21,397,000	16,873,000	12,143,000	8,072,000	7,912,000	6,504,000	4,973,000	4,132,000	3,922,518	3,633,935	3,631,920	3,349,631	3,287,562	3,425,390	3,468,691	3,261,514	2,615,319	2,035,590	1,896,440	1,729,288	1,765,461	1,117,709	604,973	320,100	153,700
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	1,508,000	1,544,000	1,174,000	1,098,000	381,000	262,000	199,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	8,675,000	7,339,000	5,268,000	3,924,000	2,829,000	2,376,000	1,797,000	1,463,000	1,331,000	1,359,725	1,335,834	1,147,282	1,002,605	848,830	908,851	855,879	691,637	553,467	352,099	335,104	269,972	224,873	153,920	86,438	47,400	25,100
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	2,654,000	2,440,000	2,166,000	1,940,000	1,093,000	991,000	815,000	663,000	602,000	480,763	436,000	431,000	406,000	362,000	367,017	362,000	341,000	294,000	202,000	204,000	180,000	151,000	99,000	59,000	36,000	18,900
Tax Provision	4,058,000	-187,000	189,000	77,000	174,000	-245,000	149,000	239,000	129,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	11,329,000	9,779,000	7,434,000	5,864,000	3,922,000	3,367,000	2,612,000	2,126,000	1,933,000	1,840,488	1,771,536	1,578,104	1,408,218	1,153,343	1,275,868	1,218,101	1,032,934	846,997	570,698	535,893	435,221	432,026	267,476	160,711	94,200	50,500
Total Other Income Expense Net	846,000	-1,615,000	-100,000	-123,000	124,000	14,000	-22,000	-28,000	-127,000	13,890	7,351	-2,814	-963	-508	16,651	-41,575	760	-771	-14,660	594	-13,535	6,571	-14,408	-6	1,800	6,800
Total Revenue	60,922,000	26,974,000	26,914,000	16,675,000	10,918,000	11,716,000	9,714,000	6,910,000	5,010,000	4,681,507	4,130,162	4,280,159	3,997,930	3,543,309	3,326,445	3,424,859	4,097,860	3,068,771	2,375,687	2,010,033	1,822,945	1,909,447	1,369,471	735,264	374,500	151,400

	2024-01-31	2023-10-31	2023-07-31	2023-04-30	2023-01-31	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-07-31	2019-04-30	2019-01-31	2018-10-31	2018-07-31	2018-04-30	2018-01-31	2017-10-31	2017-07-31	2017-04-30	2017-01-31	2016-10-31	2016-07-31	2016-04-30	2016-01-31	2015-10-31	2015-07-31	2015-04-30	2015-01-31	2014-10-31	2014-07-31	2014-04-30	2014-01-31	2013-10-31	2013-07-31	2013-04-30	2013-01-31	2012-10-31	2012-07-31	2012-04-30	2012-01-31	2011-10-31	2011-07-31	2011-04-30	2011-01-31	2010-10-31	2010-07-31	2010-04-30	2010-01-31	2009-10-31	2009-07-31	2009-04-30	2009-01-31	2008-10-31	2008-07-31	2008-04-30	2008-01-31	2007-10-31	2007-07-31	2007-04-30	2007-01-31	2006-10-31	2006-07-31	2006-04-30	2006-01-31	2005-10-31	2005-07-31	2005-04-30	2005-01-31	2004-10-31	2004-07-31	2004-04-30	2004-01-31	2003-10-31	2003-07-31	2003-04-30	2003-01-31	2002-10-31	2002-07-31	2002-04-30	2002-01-31	2001-10-31	2001-07-31	2001-04-30	2001-01-31	2000-10-31	2000-07-31	2000-04-30	2000-01-31	1999-10-31	1999-07-31	1999-04-30
Cost Of Revenue	5,312,000	4,720,000	4,045,000	2,544,000	2,218,000	2,754,000	3,789,000	2,857,000	2,644,000	2,472,000	2,292,000	2,032,000	1,846,000	1,766,000	1,591,000	1,076,000	1,090,000	1,098,000	1,038,000	924,000	998,000	1,260,000	1,148,000	1,139,000	1,110,000	1,067,000	928,000	787,000	870,000	821,000	602,000	554,000	610,000	571,000	519,000	498,000	550,911	548,684	483,850	498,585	524,976	469,552	431,700	436,171	521,300	567,452	503,551	461,513	463,181	509,463	491,233	477,536	460,017	451,850	676,916	545,436	543,767	511,423	619,797	474,535	339,474	529,812	742,759	638,545	653,133	600,044	511,261	464,142	493,167	395,391	395,400	393,050	378,674	355,247	357,278	373,693	372,661	348,849	315,968	323,069	333,914	351,938	329,800	278,415	307,606	322,106	327,983	312,669	312,669	231,698	156,571	143,100	130,837	120,263	103,288	89,874	76,800	57,600	47,200	44,200
Depreciation And Amortization	387,000	372,000	365,000	384,000	523,000	483,000	419,000	334,000	309,000	298,000	286,000	281,000	287,000	299,000	404,000	107,000	106,000	92,000	92,000	91,000	78,000	68,000	59,000	57,000	54,000	49,000	49,000	47,000	47,000	48,000	47,000	45,000	46,000	48,000	49,000	54,000	53,955	55,480	55,607	55,083	54,838	62,726	61,840	59,744	58,401	57,148	56,195	54,491	51,895	52,387	52,159	47,764	46,393	46,876	46,573	47,147	47,914	48,770	49,322	50,658	48,055	49,304	46,306	41,358	36,936	33,030	31,892	31,334	34,292	24,208	24,200	24,031	23,788	24,522	24,774	24,893	31,085	24,026	24,074	23,412	24,278	22,842	19,610	15,958	15,151	16,166	14,069	14,759	14,759	11,917	10,622	6,199	5,012	4,380	3,343	3,101	3,000	2,600	2,400	1,700
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	13,615,000	10,417,000	6,800,000	2,140,000	1,257,000	601,000	499,000	3,226,000	2,926,000	2,700,000	2,454,000	2,097,000	1,523,000	1,401,000	663,000	1,006,000	1,028,000	972,000	619,000	402,000	260,000	1,096,000	1,194,000	1,269,000	1,039,000	862,000	650,000	505,000	697,000	589,000	284,000	209,000	253,000	217,000	124,000	130,000	185,498	165,132	110,544	119,670	121,985	78,262	43,694	23,037	125,172	195,069	83,428	18,335	70,422	144,703	121,871	107,098	193,533	56,907	-221,780	96,914	151,562	56,713	-159,429	-230,985	-136,129	78,712	-152,103	207,263	263,081	246,299	184,294	141,911	139,019	95,922	95,800	100,929	114,452	84,928	79,683	75,694	57,535	27,775	3,841	23,848	23,891	33,001	24,632	26,348	70,736	11,726	6,165	103,405	103,405	65,350	46,831	57,422	39,057	36,647	29,023	25,564	20,800	15,100	9,500	8,700
Ebitda	14,002,000	10,789,000	7,165,000	2,524,000	1,780,000	1,084,000	918,000	3,560,000	3,235,000	2,998,000	2,740,000	2,378,000	1,810,000	1,700,000	1,067,000	1,113,000	1,134,000	1,064,000	711,000	493,000	338,000	1,164,000	1,253,000	1,326,000	1,093,000	911,000	699,000	552,000	744,000	637,000	331,000	254,000	299,000	265,000	173,000	184,000	239,453	220,612	166,151	174,753	176,823	140,988	105,534	82,781	183,573	252,217	139,623	72,826	122,317	197,090	174,030	154,862	239,926	103,783	-175,207	144,061	199,476	105,483	-110,107	-180,327	-88,074	128,016	-105,797	248,621	300,017	279,329	216,186	173,245	173,311	120,130	120,000	124,960	138,240	109,450	104,457	100,587	88,620	51,801	27,915	47,260	48,169	55,843	44,242	42,306	85,887	27,892	20,234	118,164	118,164	77,267	57,453	63,621	44,069	41,027	32,366	28,665	23,800	17,700	11,900	10,400
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	230,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	704	0	-704	704	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	16,791,000	13,400,000	9,462,000	4,648,000	3,833,000	3,177,000	2,915,000	5,431,000	4,999,000	4,631,000	4,215,000	3,629,000	3,157,000	2,960,000	2,275,000	2,004,000	2,015,000	1,916,000	1,541,000	1,296,000	1,207,000	1,921,000	1,975,000	2,068,000	1,801,000	1,569,000	1,302,000	1,150,000	1,303,000	1,183,000	826,000	751,000	791,000	734,000	634,000	653,000	699,603	676,698	618,974	604,202	619,242	584,415	545,538	518,568	585,602	636,658	540,719	463,364	490,013	556,717	525,284	484,503	426,359	392,062	134,292	456,377	438,721	391,783	156,723	189,696	141,666	367,843	149,917	514,843	549,597	515,553	423,992	380,138	385,706	292,128	292,100	288,757	254,940	228,168	217,534	210,153	193,815	166,742	140,093	148,836	138,205	134,131	129,974	126,568	161,347	108,198	99,302	185,370	185,370	138,543	103,688	97,832	87,381	77,902	67,110	58,609	51,600	39,400	30,800	26,800
Income Before Tax	14,106,000	10,522,000	6,981,000	2,209,000	1,289,000	613,000	475,000	1,805,000	2,865,000	2,638,000	2,394,000	2,044,000	1,470,000	1,348,000	609,000	981,000	1,016,000	959,000	606,000	389,000	324,000	1,081,000	1,180,000	1,311,000	1,078,000	896,000	684,000	536,000	726,000	621,000	317,000	241,000	253,000	245,000	72,000	172,000	227,859	209,070	154,625	163,282	168,888	141,484	111,820	88,062	186,108	253,628	145,208	77,095	124,577	204,787	177,547	156,485	185,906	103,585	-169,047	150,725	139,421	110,207	-107,101	-224,821	-170,375	61,003	-146,600	213,018	279,902	266,799	200,851	153,789	151,559	104,522	104,500	109,248	116,728	77,682	85,256	80,555	60,010	32,349	6,399	26,687	26,249	5,553	26,661	28,210	72,766	-48,636	7,505	104,028	104,028	63,802	47,966	36,953	45,674	41,277	33,121	26,892	21,500	15,600	9,800	9,400
Income Tax Expense	1,821,000	1,279,000	793,000	166,000	-125,000	-67,000	-181,000	187,000	-138,000	174,000	20,000	132,000	13,000	12,000	-13,000	64,000	66,000	60,000	54,000	-5,000	-243,000	-149,000	79,000	67,000	-40,000	58,000	101,000	29,000	71,000	79,000	64,000	45,000	46,000	-1,000	46,000	38,000	34,731	36,103	26,649	26,766	21,971	22,750	15,372	10,171	12,135	44,548	26,162	16,658	8,552	26,514	25,974	21,266	14,255	18,723	-28,086	13,131	8,345	2,630	-1,799	-23,483	-22,710	-745	-25,671	36,213	22,909	31,138	28,119	21,530	-11,947	17,769	17,800	18,572	18,676	12,429	10,419	16,111	12,001	6,470	1,280	5,338	2,083	-803	2,511	8,463	21,830	-1,470	2,251	31,208	31,208	19,141	14,390	11,086	14,614	13,209	10,599	8,605	6,900	5,000	3,100	3,100
Interest Expense	63,000	63,000	65,000	66,000	65,000	65,000	65,000	68,000	61,000	62,000	60,000	53,000	53,000	53,000	54,000	25,000	12,000	13,000	13,000	13,000	14,000	15,000	14,000	15,000	15,000	15,000	15,000	16,000	18,000	16,000	12,000	12,000	12,000	12,000	12,000	12,000	11,594	11,542	11,526	11,471	7,935	4,022	3,865	5,076	1,399	4,701	5,316	5,198	1,124	4,356	5,266	5,313	14,596	4,220	4,805	5,571	20,667	5,444	5,779	6,124	406	4,200	8,800	54	54	19,000	16,100	12,500	8	2	6	1	59	1	2	10	12,010	25	46	76	2,400	3,794	2,000	2,000	2,000	1,500	1,300	1,700	1,200	1,700	2,700	5,500	6,600	4,600	4,100	0	600	0	400	300
Interest Income	294,000	234,000	187,000	150,000	115,000	88,000	46,000	18,000	9,000	7,000	6,000	6,000	6,000	7,000	13,000	31,000	41,000	45,000	47,000	44,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	12,285,000	9,243,000	6,188,000	2,043,000	1,414,000	680,000	656,000	1,618,000	3,003,000	2,464,000	2,374,000	1,912,000	1,457,000	1,336,000	622,000	917,000	950,000	899,000	552,000	394,000	567,000	1,230,000	1,101,000	1,244,000	1,118,000	838,000	583,000	507,000	655,000	542,000	253,000	196,000	207,000	246,000	26,000	134,000	193,128	172,967	127,976	136,516	146,917	118,734	96,448	77,891	173,973	209,080	119,046	60,437	116,025	178,273	151,573	135,219	171,651	84,862	-140,961	137,594	131,076	107,577	-105,302	-201,338	-147,665	61,748	-120,929	176,805	256,993	235,661	172,732	132,259	163,506	86,753	86,800	90,676	98,052	65,253	74,837	64,444	48,009	25,879	5,119	21,349	24,166	6,356	24,150	19,747	50,936	-48,636	5,254	72,820	72,820	44,661	33,576	25,867	31,060	28,068	22,522	18,287	14,600	10,600	6,700	6,300
Net Income Applicable To Common Shares	0	0	6,188,000	2,043,000	1,414,000	680,000	656,000	1,618,000	3,003,000	2,464,000	2,374,000	1,912,000	1,457,000	1,336,000	622,000	917,000	951,000	899,000	552,000	394,000	566,000	1,230,000	1,101,000	1,244,000	1,119,000	838,000	583,000	507,000	675,000	542,000	253,000	196,000	208,000	246,000	26,000	134,000	193,128	172,967	127,976	136,516	146,917	118,734	96,448	77,891	173,973	209,080	119,046	60,437	116,025	178,273	151,573	135,219	171,651	84,862	-140,961	137,594	131,076	107,577	0	0	-61,748	61,748	-176,805	176,805	256,993	235,661	172,732	132,259	163,506	106,511	86,753	91,360	97,374	64,447	73,833	65,522	48,009	25,879	5,119	21,349	24,166	6,356	24,150	19,747	50,936	-5,254	5,254	83,245	76,033	41,315	32,926	26,650	31,057	28,071	22,522	18,287	14,587	0	0	0
Net Income From Continuing Ops	12,285,000	9,243,000	6,188,000	2,043,000	1,414,000	680,000	656,000	1,618,000	3,003,000	2,464,000	2,374,000	1,912,000	1,457,000	1,336,000	622,000	917,000	951,000	899,000	552,000	394,000	566,000	1,230,000	1,101,000	1,244,000	1,119,000	838,000	583,000	507,000	675,000	542,000	253,000	196,000	208,000	246,000	26,000	134,000	193,128	172,967	127,976	136,516	146,917	118,734	96,448	77,891	173,973	209,080	119,046	60,437	116,025	178,273	151,573	135,219	171,651	84,862	-140,961	137,594	0	107,577	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	231,000	171,000	122,000	84,000	50,000	23,000	-19,000	-50,000	-52,000	-55,000	-54,000	-47,000	-47,000	-46,000	-41,000	6,000	28,000	32,000	34,000	31,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	246,000	135,000	0	77,000	0	5,000	-44,000	29,000	10,000	141,000	16,000	3,000	12,000	30,000	39,000	45,000	48,000	44,000	44,000	38,000	37,000	31,000	22,000	16,000	11,000	-2,000	11,000	-2,000	12,000	8,000	15,000	12,000	8,000	8,000	8,317	7,297	2,972	23,394	12,407	496	6,286	5,281	5,829	1,411	5,585	4,269	5,349	7,697	3,517	1,623	9,255	-198	6,160	3,332	0	2,362	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,000	3,000	2,000	1,000	34,000	8,000	89,000	0	131,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	13,615,000	10,417,000	6,800,000	2,140,000	1,257,000	601,000	499,000	1,868,000	2,970,000	2,671,000	2,444,000	1,956,000	1,507,000	1,398,000	651,000	976,000	990,000	927,000	571,000	358,000	322,000	1,058,000	1,157,000	1,295,000	1,073,000	895,000	688,000	554,000	733,000	639,000	317,000	245,000	252,000	245,000	76,000	176,000	231,136	213,315	163,179	151,359	163,145	140,988	105,534	82,781	183,573	252,217	139,623	72,826	122,317	197,090	174,030	154,862	179,778	103,783	-175,207	147,393	134,282	107,845	-110,107	-230,965	-175,083	56,796	-155,392	202,979	262,499	247,841	184,760	141,246	138,514	95,816	95,800	100,685	112,342	71,536	80,037	76,182	57,156	28,758	3,799	23,880	23,816	15,361	24,632	26,348	70,736	-50,106	6,165	102,871	102,871	62,120	45,303	31,438	39,057	36,647	29,023	25,564	20,800	15,100	9,500	9,000
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	8,488,000	7,703,000	6,707,000	5,052,000	4,794,000	5,330,000	6,205,000	5,067,000	4,673,000	4,432,000	4,063,000	3,705,000	3,496,000	3,328,000	3,215,000	2,104,000	2,115,000	2,087,000	2,008,000	1,862,000	1,911,000	2,123,000	1,966,000	1,912,000	1,838,000	1,741,000	1,542,000	1,383,000	1,440,000	1,365,000	1,109,000	1,059,000	1,115,000	1,052,000	988,000	975,000	1,019,378	1,012,067	939,645	951,428	977,294	912,979	871,704	871,958	923,329	951,893	904,647	852,051	830,877	869,090	842,487	807,177	706,598	740,129	986,415	854,420	848,206	795,361	886,627	895,196	637,693	832,521	1,048,068	950,409	940,231	867,756	750,493	703,034	740,359	591,703	591,700	581,122	521,272	511,879	494,775	507,664	509,320	486,833	452,262	448,025	448,303	467,208	435,142	378,635	398,217	480,410	421,120	395,475	395,475	308,121	214,192	193,726	179,161	161,518	141,375	122,919	107,600	81,900	68,500	62,000
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	387,000	372,000	365,000	384,000	426,000	406,000	378,000	334,000	309,000	298,000	286,000	281,000	288,000	299,000	404,000	107,000	106,000	92,000	92,000	91,000	78,000	68,000	59,000	57,000	54,000	49,000	49,000	47,000	47,000	48,000	47,000	45,000	46,000	48,000	49,000	54,000	53,955	55,480	55,607	55,083	54,838	62,726	61,840	59,744	58,401	57,148	56,195	54,491	51,895	52,387	52,159	47,764	46,393	46,876	46,573	47,147	47,914	48,770	49,322	50,658	48,055	49,304	46,306	41,358	36,936	33,030	31,892	31,334	34,292	24,208	24,200	24,031	23,788	24,522	24,774	24,893	31,085	24,026	24,074	23,412	24,278	22,842	19,610	15,958	15,151	16,166	14,069	12,830	14,759	11,917	10,622	5,012	5,000	4,380	3,343	3,101	3,000	2,600	2,400	1,700
Research Development	2,465,000	2,294,000	2,040,000	1,875,000	1,951,000	1,945,000	1,824,000	1,618,000	1,466,000	1,403,000	1,245,000	1,153,000	1,147,000	1,047,000	997,000	735,000	738,000	712,000	704,000	674,000	647,000	605,000	581,000	542,000	508,000	462,000	416,000	411,000	394,000	373,000	350,000	346,000	344,000	329,000	320,000	339,000	348,253	340,085	337,124	334,263	336,641	340,294	331,738	327,161	298,007	284,180	281,193	283,902	266,862	256,498	247,721	231,524	215,563	204,527	210,635	218,105	216,251	197,948	192,855	301,797	211,779	212,360	212,910	218,830	195,835	179,529	157,952	158,321	162,276	127,257	127,300	122,404	92,435	87,937	85,814	85,913	84,054	87,880	85,420	77,750	71,990	73,052	65,620	59,310	57,373	57,779	57,229	44,528	44,528	44,387	33,799	31,206	26,444	22,023	20,141	17,830	15,400	12,400	10,800	8,800
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	712,000	689,000	622,000	633,000	625,000	631,000	592,000	592,000	563,000	557,000	526,000	520,000	503,000	515,000	627,000	293,000	287,000	277,000	266,000	264,000	266,000	258,000	237,000	231,000	221,000	212,000	198,000	185,000	176,000	171,000	157,000	159,000	161,000	152,000	149,000	138,000	120,200	123,300	119,000	118,600	115,700	103,100	108,300	108,600	104,000	100,300	119,900	106,600	100,800	103,100	103,533	98,100	88,000	83,752	98,900	90,900	88,188	86,000	74,000	80,600	86,400	90,300	92,400	91,263	91,263	81,280	81,300	80,600	84,900	69,100	69,100	65,668	50,800	55,400	51,683	43,200	52,600	50,100	50,900	47,200	42,400	42,200	39,700	40,900	39,400	94,400	35,900	37,500	34,600	24,900	20,300	16,900	16,900	14,900	14,600	12,114	12,400	9,300	8,100	7,300
Tax Provision	1,821,000	1,279,000	793,000	166,000	-125,000	-67,000	-181,000	187,000	-138,000	174,000	20,000	132,000	13,000	12,000	-13,000	64,000	65,000	60,000	54,000	-5,000	-12,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	3,176,000	2,983,000	2,662,000	2,508,000	2,576,000	2,576,000	2,416,000	2,210,000	2,029,000	1,960,000	1,771,000	1,673,000	1,650,000	1,562,000	1,624,000	1,028,000	1,025,000	989,000	970,000	938,000	913,000	863,000	818,000	773,000	728,000	674,000	614,000	596,000	570,000	544,000	507,000	505,000	505,000	481,000	469,000	477,000	468,467	463,383	455,795	452,843	452,318	443,427	440,004	435,787	402,029	384,441	401,096	390,538	367,696	359,627	351,254	329,641	246,581	288,279	309,499	308,984	304,439	283,938	266,830	420,661	298,219	302,709	305,309	311,864	287,098	267,712	239,232	238,892	247,192	196,312	196,300	188,072	142,598	156,632	137,497	133,971	136,659	137,984	136,294	124,956	114,389	115,270	105,342	100,220	90,611	158,304	93,137	82,806	82,806	76,423	57,621	50,626	48,324	41,255	38,087	33,045	30,800	24,300	21,300	17,800
Total Other Income Expense Net	491,000	105,000	181,000	69,000	32,000	12,000	-24,000	-1,421,000	-61,000	22,000	-50,000	88,000	10,000	-4,000	-1,000	-1,000	-3,000	32,000	1,000	31,000	2,000	1,000	5,000	6,000	5,000	-1,000	-4,000	-18,000	-6,000	-16,000	-2,000	-5,000	-32,000	-5,000	-90,000	-1,000	188	-125	-3,857	17,684	5,743	-3,526	2,421	205	1,136	-3,290	269	-929	1,136	3,341	-1,749	-3,690	4,794	-4,418	1,355	3,332	2,691	2,362	-2,773	20	-20,424	-13,578	-3,289	-4,284	-582	1,542	466	-665	-505	-106	0	-244	-2,110	-13,392	354	488	-379	983	-42	32	-75	-14,140	2,029	1,862	2,030	-61,832	2,663	-841	-841	-3,230	-764	-9,573	6,617	4,630	4,098	1,328	700	500	300	300
Total Revenue	22,103,000	18,120,000	13,507,000	7,192,000	6,051,000	5,931,000	6,704,000	8,288,000	7,643,000	7,103,000	6,507,000	5,661,000	5,003,000	4,726,000	3,866,000	3,080,000	3,105,000	3,014,000	2,579,000	2,220,000	2,205,000	3,181,000	3,123,000	3,207,000	2,911,000	2,636,000	2,230,000	1,937,000	2,173,000	2,004,000	1,428,000	1,305,000	1,401,000	1,305,000	1,153,000	1,151,000	1,250,514	1,225,382	1,102,824	1,102,787	1,144,218	1,053,967	977,238	954,739	1,106,902	1,204,110	1,044,270	924,877	953,194	1,066,180	1,016,517	962,039	886,376	843,912	811,208	1,001,813	982,488	903,206	776,520	664,231	481,140	897,655	892,676	1,153,388	1,202,730	1,115,597	935,253	844,280	878,873	687,519	687,500	681,807	633,614	583,415	574,812	583,846	566,476	515,591	456,061	471,905	472,119	486,069	459,774	404,983	468,953	430,304	427,285	498,039	498,039	370,241	260,259	240,932	218,218	198,165	170,398	148,483	128,400	97,000	78,000	71,000

Latest Income Statement (annual, 2024-01-31)

Gross Profit (+$)
totalRevenue	60,922,000
Cost of Revenue	-16,621,000
Gross Profit	44,301,000	44,301,000

Operating Income (+$)
Gross Profit	44,301,000
Operating Expense	-11,329,000
Operating Income	32,972,000	32,972,000

Operating Expense (+$)
Research Development	8,675,000
Selling General Administrative	2,654,000
Selling And Marketing Expenses	0
Operating Expense	11,329,000	11,329,000

Net Interest Income (+$)
Interest Income	866,000
Interest Expense	-257,000
Other Finance Cost	-0
Net Interest Income	609,000

Pretax Income (+$)
Operating Income	32,972,000
Net Interest Income	609,000
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	33,818,000	32,126,000 EBIT - interestExpense = 32,715,000 33,818,000 30,017,000
Interest Expense	257,000
Earnings Before Interest and Taxes (EBIT)	32,972,000	34,075,000
Earnings Before Interest and Taxes (EBITDA)	34,480,000

After tax Income (+$)
Income Before Tax	33,818,000
Tax Provision	-4,058,000
Net Income From Continuing Ops	29,760,000	29,760,000
Net Income	29,760,000
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	27,950,000
Total Other Income/Expenses Net	846,000	-609,000

Technical Analysis of Nvidia
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nvidia. The general trend of Nvidia is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nvidia's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (57.1%)		Bearish trend (-57.1%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of NVIDIA Corporation.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 830.22 < 907.39 < 967.66.

The bearish price targets are: 722.45 > 674.69 > 504.02.

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NVIDIA Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of NVIDIA Corporation. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close < MA 50: The price is below the MA 50. -1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

NVIDIA Corporation Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of NVIDIA Corporation. The current macd is -10.89485037.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nvidia price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nvidia. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nvidia price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

NVIDIA Corporation Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of NVIDIA Corporation. The current adx is 26.37.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nvidia shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2

NVIDIA Corporation Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of NVIDIA Corporation. The current sar is 896.86.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

NVIDIA Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of NVIDIA Corporation. The current rsi is 45.68. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

NVIDIA Corporation Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of NVIDIA Corporation. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nvidia price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

NVIDIA Corporation Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of NVIDIA Corporation. The current cci is -121.6562537.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1

NVIDIA Corporation Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of NVIDIA Corporation. The current cmo is -11.77452143.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

NVIDIA Corporation Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of NVIDIA Corporation. The current willr is -54.9527225.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Nvidia is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

NVIDIA Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of NVIDIA Corporation.

NVIDIA Corporation Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of NVIDIA Corporation. The current atr is 39.22.

NVIDIA Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of NVIDIA Corporation. The current obv is 2,785,147,689.

NVIDIA Corporation Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of NVIDIA Corporation. The current mfi is 24.48.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

NVIDIA Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for NVIDIA Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-30	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-04	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-12-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-14	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2023-12-18	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-20	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-28	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-02	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-03	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-05	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-08	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-11	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-01-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-17	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-19	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-31	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-02	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-05	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-20	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-21	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-23	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-28	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-02-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-07	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-08	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-13	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-19	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-03-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-25	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-26	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-04	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-09	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-11	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-19	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.

6.3. Candlestick Patterns

NVIDIA Corporation Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of NVIDIA Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	45.676
Ma 20	Greater than	Ma 50	867.225
Ma 50	Greater than	Ma 100	844.506
Ma 100	Greater than	Ma 200	693.891
Open	Greater than	Close	807.690
Total			3/5 (60.0%)

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1. Valuation of Nvidia (5 min.)

$824.23

$17.19

$78.16 - $257.39

$95.35 - $274.58

2. Growth of Nvidia (5 min.)

Is Nvidia growing?

How much money is Nvidia making?

How much money comes from the company's main activities?

3. Financial Health of Nvidia (5 min.)

4. Comparing to competitors in the Semiconductors industry (5 min.)

Industry Rankings (Semiconductors)

What can you expect buying and holding a share of Nvidia? (5 min.)

What can you expect buying and holding a share of Nvidia?

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Fundamentals of Nvidia

About NVIDIA Corporation

Financial Health

Valuation

1.1. Profitability of NVIDIA Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Semiconductors)

1.1.2. Return on Assets

Trends

Compared to industry (Semiconductors)

1.1.3. Return on Equity

Trends

Compared to industry (Semiconductors)

1.2. Operating Efficiency of NVIDIA Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Semiconductors)

1.2.2. Operating Ratio

Trends

Compared to industry (Semiconductors)

1.3. Liquidity of NVIDIA Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Semiconductors)

1.3.2. Quick Ratio

Trends

Compared to industry (Semiconductors)

1.4. Solvency of NVIDIA Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Semiconductors)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Semiconductors)

2. Market Valuation of NVIDIA Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Semiconductors)

NVIDIA Corporation
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