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Midas Edge

Gen Digital Inc

For the period ended Sep 27, 2024. Filed Oct 31, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 27, 2024 · Filed Oct 31, 2024

GEN$30.01+0.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Condensed Consolidated Statements of Stockholders’ Equity (Deficit)

(Unaudited, in millions, except share amounts)

Three months ended September 27, 2024 · Common Stock and Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity (Deficit)
Shares · Amount
Balance as of June 28, 2024615$1,959$6$5$1,970
Net income (loss)———161161
Other comprehensive income (loss), net of taxes——8—8
Common stock issued under employee stock incentive plans16——6
Shares withheld for taxes related to vesting of stock units—(1)——(1)
Cash dividends declared ($0.125 per share of common stock) and dividend equivalents accrued—(2)—(77)(79)
Stock-based compensation—33——33
Balance as of September 27, 2024616$1,995$14$89$2,098
Six months ended September 27, 2024 · Common Stock and Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity (Deficit)
Shares · Amount
Balance as of March 29, 2024623$2,227$11$(98)$2,140
Net income (loss)———342342
Other comprehensive income (loss), net of taxes——3—3
Common stock issued under employee stock incentive plans56——6
Shares withheld for taxes related to vesting of stock units(1)(25)——(25)
Repurchases of common stock(1)(11)(274)——(274)
Cash dividends declared ($0.250 per share of common stock) and dividend equivalents accrued—(3)—(155)(158)
Stock-based compensation—64——64
Balance as of September 27, 2024616$1,995$14$89$2,098

(1)Amount includes excise tax on share repurchases.

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)

(Unaudited, in millions, except share amounts)

Three Months Ended September 29, 2023 · Common Stock and Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity (Deficit)
Shares · Amount
Balance as of June 30, 2023639$2,697$36$(446)$2,287
Net income (loss)———147147
Other comprehensive income (loss), net of taxes——(30)—(30)
Common stock issued under employee stock incentive plans26——6
Shares withheld for taxes related to vesting of stock units—(1)——(1)
Cash dividends declared ($0.125 per share of common stock) and dividend equivalents accrued—(82)——(82)
Stock-based compensation—35——35
Balance as of September 29, 2023641$2,655$6$(299)$2,362
Six months ended September 29, 2023 · Common Stock and Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity (Deficit)
Shares · Amount
Balance as of March 31, 2023640$2,800$(15)$(633)$2,152
Net income (loss)———334334
Other comprehensive income (loss), net of taxes——21—21
Common stock issued under employee stock incentive plans56——6
Shares withheld for taxes related to vesting of stock units(1)(19)——(19)
Repurchases of common stock(3)(41)——(41)
Cash dividends declared ($0.250 per share of common stock) and dividend equivalents accrued—(163)——(163)
Stock-based compensation—72——72
Balance as of September 29, 2023641$2,655$6$(299)$2,362
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.