Item 5. Market for Registrant’s Common Equity
Item 5. Market for the Registrant’s Common Stock, Related Shareholder Matters, and Issuer Purchases of Equity Securities
Market Information
Our common stock is traded on the Nasdaq Global Select Market under the symbol “AMZN.”
Holders
As of January 20, 2021, there were 6,330 shareholders of record of our common stock, although there is a much larger number of beneficial owners.
Recent Sales of Unregistered Securities
None.
Issuer Purchases of Equity Securities
None.
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Item 6. Selected Consolidated Financial Data
The following selected consolidated financial data should be read in conjunction with the consolidated financial statements and the notes thereto in Item 8 of Part II, “Financial Statements and Supplementary Data,” and the information contained in Item 7 of Part II, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Historical results are not necessarily indicative of future results.
Year Ended December 31,
2016 2017 (1) 2018 2019 2020
(in millions, except per share data)
Statements of Operations:
Net sales $ 135,987 $ 177,866 $ 232,887 $ 280,522 $ 386,064
Operating income $ 4,186 $ 4,106 $ 12,421 $ 14,541 $ 22,899
Net income (loss) $ 2,371 $ 3,033 $ 10,073 $ 11,588 $ 21,331
Basic earnings per share (2) $ 5.01 $ 6.32 $ 20.68 $ 23.46 $ 42.64
Diluted earnings per share (2) $ 4.90 $ 6.15 $ 20.14 $ 23.01 $ 41.83
Weighted-average shares used in computation of earnings per share:
Basic 474 480 487 494 500
Diluted 484 493 500 504 510
Statements of Cash Flows:
Net cash provided by (used in) operating activities (3) $ 17,203 $ 18,365 $ 30,723 $ 38,514 $ 66,064
December 31,
2016 2017 2018 2019 (4) 2020
(in millions)
Balance Sheets:
Total assets $ 83,402 $ 131,310 $ 162,648 $ 225,248 $ 321,195
Total long-term obligations $ 20,301 $ 45,718 $ 50,708 $ 75,376 $ 101,406
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(1) We acquired Whole Foods Market on August 28, 2017. The results of Whole Foods Market have been included in our results of operation from the date of acquisition.
(2) For further discussion of earnings per share, see Item 8 of Part II, “Financial Statements and Supplementary Data — Note 1 — Description of Business, Accounting Policies, and Supplemental Disclosures”
(3) As a result of the adoption of new accounting guidance, we retrospectively adjusted our consolidated statements of cash flows to add restricted cash to cash and cash equivalents, which restated cash provided by operating activities by $(69) million in 2016 and 2017.
(4) As a result of the adoption of new accounting guidance on January 1, 2019, we recognized lease assets and liabilities for operating leases with terms of more than twelve months. Prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting policies.
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.