NATIONAL SEMICONDUCTOR CORP
Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | |
|---|---|---|---|
| Revenue | $1.52B | $1.42B | $1.46B |
| Operating income | $451.6M | $325.8M | $183.2M |
| Net income | $298.8M | $209.2M | $73.3M |
| Total assets | $2.40B | $2.27B | — |
| Total liabilities | $1.54B | $1.85B | — |
| Equity | $850.5M | $425.9M | $177.0M |
| EPS (diluted) | $1.20 | $0.87 | $0.31 |
| Shares out. | 253.3M | 239.1M | 235.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- 29.7%
- Net margin
- 19.7%
- Return on equity
- 35.1%
- Return on assets
- 12.5%
- Return on capital (ROCE)
- 20.5%
- Liabilities / assets
- 64.5%
- Debt / equity
- 1.82×
- Book value / share
- $3.36
- Revenue growth (YoY)
- 7.1%
- Net income growth (YoY)
- 42.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2011- Altman Z″ (distress)
- 6.31safe
- Accruals / assets
- −3.1%clean
- Beneish M-Score
- -2.73normal
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 6 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Amelio William JDirector | Sep 23, 2011 | D | 7,190 | $25.00 |
| Sweeney EdwardOfficer — Senior Vice President | Sep 23, 2011 | D | 104,455 | $25.00 |
| Appleton Steven RDirector | Sep 23, 2011 | D | 35,612 | $25.00 |
| Arnold Gary PDirector | Sep 23, 2011 | D | 36,000 | $25.00 |
| Bahai AhmadOfficer — Senior Vice President & CTO | Sep 23, 2011 | D | 4,202 | $25.00 |
| Danzig Richard JDirector | Sep 23, 2011 | D | 51,021 | $25.00 |
| Chew LewisOfficer — Senior Vice President and CFO | Sep 23, 2011 | D | 267,581 | $25.00 |
| Frankenberg Robert JDirector | Sep 23, 2011 | D | 61,111 | $25.00 |
| Samath JamieOfficer — VP, Corporate Controller | Sep 23, 2011 | D | 9,627 | $25.00 |
| Macleod DonaldOfficer — Chief Executive Officer | Sep 23, 2011 | D | 469,085 | $25.00 |
| Polacek Michael S.Officer — Sr. VP-KMS & Business Dev. | Sep 23, 2011 | D | 101,778 | $25.00 |
| Kunz DetlevOfficer — Senior Vice President | Sep 23, 2011 | D | 147,122 | $25.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsSep 23, 2011
- Shareholder vote · Other material eventJun 22, 2011
- Results of operationsJun 9, 2011
- Other material eventMay 23, 2011
- Entered a material agreement · Other material eventApr 4, 2011
- Results of operations · Other material eventMar 10, 2011
- Director / officer changeJan 27, 2011
- Results of operations · Other material eventDec 9, 2010
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/ANSM AS OF 12/31/11Feb 13, 2012
- SC 13G/AFeb 8, 2012
- 15-12BFORM 15Oct 6, 2011
- EFFECTOct 3, 2011
- EFFECTOct 3, 2011
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Sep 27, 2011
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Sep 27, 2011