Scrape financial data from SEC Edgar with Python and edgartools

Python
Scraping
SEC Edgar
Author

Vincent Grégoire, PhD, CFA

Published

April 6, 2024

In the ever-evolving field of finance, the application of machine learning, especially text analysis, has become increasingly popular. Researchers are constantly seeking out rich datasets to mine for insights, with company filings offering a treasure trove of information. One of the most comprehensive sources of such data is the Edgar database, maintained by the Securities and Exchange Commission (SEC). This publicly available resource contains a vast array of filings from companies, making it an invaluable tool for empirical finance research.

In this tutorial, I will show you how to scrape financial data from the SEC Edgar database using Python and the edgartools library.

Video tutorial

This post is also available as a video tutorial on YouTube.

SEC Edgar API

While the Edgar database is freely accessible to anyone interested in browsing company filings, the manual retrieval of data can be time-consuming and inefficient. For researchers and analysts looking to conduct large-scale studies or apply complex algorithms, a more programmatic approach is necessary. This is where the SEC’s APIs come into play, allowing automated access to Edgar’s wealth of data.

However, even with API access, the task of scraping, parsing, and processing the data remains a challenge. The raw data requires significant cleaning and manipulation before it can be effectively used in research. This is a hurdle that has long stood in the way of efficient data utilization from Edgar. This is where the edgartools Python library comes in.

Getting started with edgartools

Installation

edgartools is a Python library designed to simplify the process of accessing and working with data from the SEC’s Edgar database. Installing edgartools is straightforward and can be done using either pip or poetry. Open your terminal or command prompt and enter one of the following commands:

pip install edgartools

or, if you’re using poetry:

poetry add edgartools

edgartools leverages several powerful libraries, including pyarrow and pandas, to manage data efficiently. It also means that the data you retrieve is easily available as pandas dataframes, which makes it simple to work with and integrate into your existing data analysis workflows. These dependencies are automatically installed with edgartools, so you don’t need to worry about setting them up separately.

Basic usage

Once edgartools is installed, you can begin by importing the necessary components from the library. The first step in interacting with the Edgar API through edgartools is to set your identity. The SEC requires all API users to provide a name and email address. This requirement is easily met with edgartools as shown below:

from edgar import set_identity

set_identity("Vincent Gregoire vincent@codes.finance")
[11:07:42] INFO     Identity of the Edgar REST client set to [Vincent Gregoire vincent@codes.finance]   core.py:154

With your identity set, you’re now ready to start querying the Edgar database programmatically. Whether you’re interested in specific company filings, financial summaries, or historical data, edgartools provides a streamlined, efficient pathway to obtaining this information.

In the following sections, we’ll dive deeper into how to retrieve company information, access filings, and work with the data to extract valuable insights for your research.

Retrieving company filings

Querying Company Data

To begin working with a specific company, you need to define a Company object in edgartools. This object serves as your gateway to a wealth of information about the company, including its filings, financial summaries, and historical data. You can define a company object using either the company’s ticker symbol or its Central Index Key (CIK) code.

from edgar import Company

apple = Company("AAPL")
apple

╭─────────────────────────────────────────────── Apple Inc. (AAPL) ───────────────────────────────────────────────╮
│                                                                                                                 │
│   CIK      Category                  Industry               Incorporated                                        │
│  ────────────────────────────────────────────────────────────────────────                                       │
│   320193   Large accelerated filer   Electronic Computers   CA                                                  │
│                                                                                                                 │
│ ╭───────── ✉ Mailing Address ──────────╮                 ╭──────── 🏢 Business Address ─────────╮               │
│ │ ONE APPLE PARK WAY                   │                 │ ONE APPLE PARK WAY                   │               │
│ │ CUPERTINO, CA 95014                  │                 │ CUPERTINO, CA 95014                  │               │
│ ╰──────────────────────────────────────╯                 ╰──────────────────────────────────────╯               │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

Once you have a company object, you can easily retrieve basic company information, financial summaries, former names, and other metadata. Here are some examples:

apple.financials

                                                                                                                   
                           Balance Sheet                                                                           
                                                                                                                   
                                                      2023-09-30                                                   
   ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                                  
    ASSETS:                                                                                                        
    CURRENT ASSETS:                                                                                                
      Cash and Cash Equivalents                   29,965,000,000                                                   
      Other Current Assets                        14,695,000,000                                                   
      Current Assets                             143,566,000,000                                                   
                                                                                                                   
    NONCURRENT ASSETS:                                                                                             
      Marketable Securities                      100,544,000,000                                                   
      Property, Plant and Equipment               43,715,000,000                                                   
      Other Noncurrent Assets                     64,758,000,000                                                   
      Total Noncurrent Assets                    209,017,000,000                                                   
                                                                                                                   
    Total Assets                                 352,583,000,000                                                   
                                                                                                                   
    LIABILITIES AND STOCKHOLDERS' EQUITY:                                                                          
    CURRENT LIABILITIES:                                                                                           
      Accounts Payable                            62,611,000,000                                                   
      Other Current Liabilities                   58,829,000,000                                                   
      Deferred Revenue                             8,061,000,000                                                   
      Commercial Paper                             5,985,000,000                                                   
      Term Debt                                    9,822,000,000                                                   
      Total Current Liabilities                  145,308,000,000                                                   
                                                                                                                   
    NONCURRENT LIABILITIES:                                                                                        
      Non-current Long Term Debt                  95,281,000,000                                                   
      Other Noncurrent Liabilities                49,848,000,000                                                   
      Total Noncurrent Liabilities               145,129,000,000                                                   
                                                                                                                   
    Total Liabilities                            290,437,000,000                                                   
                                                                                                                   
    STOCKHOLDERS' EQUITY:                                                                                          
      Common Stock and paid-in Capital            73,812,000,000                                                   
      Retained Earnings                             -214,000,000                                                   
      Accumulated Other Comprehensive Income     -11,452,000,000                                                   
      Total Stockholders' Equity                  62,146,000,000                                                   
                                                                                                                   
    Total Liabilities and Stockholders' Equity   352,583,000,000                                                   
                                                                                                                   
                               Cashflow Statement                                                                  
                                                                                                                   
                                                                  2023-09-30                                       
   ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                      
    OPERATING ACTIVITIES:                                                                                          
      Net Income                                              96,995,000,000                                       
      Depreciation and Amortization                           11,519,000,000                                       
      Stock-based Compensation                                10,833,000,000                                       
      Other Noncash Income/Expense                             2,227,000,000                                       
      Changes in Accounts Payable                             -1,889,000,000                                       
      Changes in Inventories                                   1,618,000,000                                       
      Net Cash Provided by Operating Activities              110,543,000,000                                       
                                                                                                                   
    INVESTING ACTIVITIES:                                                                                          
      Purchases of Marketable Securities                      29,513,000,000                                       
      Proceeds from Maturities of Marketable Securities       39,686,000,000                                       
      Proceeds from Sale of Marketable Securities              5,828,000,000                                       
      Purchases of Property, Plant and Equipment              10,959,000,000                                       
      Other Investing Activities                               1,337,000,000                                       
      Net Cash Provided by Investing Activities                3,705,000,000                                       
                                                                                                                   
    FINANCING ACTIVITIES:                                                                                          
      Payments of Tax for Share-based Compensation             5,431,000,000                                       
      Dividends Paid                                          15,025,000,000                                       
      Repurchases of Common Stock                             77,550,000,000                                       
      Repayments of Long-term Debt                            11,151,000,000                                       
      Net Cash Provided by Financing Activities             -108,488,000,000                                       
                                                                                                                   
    Changes in Cash, cash equivalents and restricted cash      5,760,000,000                                       
    Cash, cash equivalents and restricted cash                30,737,000,000                                       
                                                                                                                   
                 Consolidated Statement of Operations                                                              
                                                                                                                   
                                                         2023-09-30                                                
   ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                               
    Total Net Sales                                 383,285,000,000                                                
                                                                                                                   
    COST OF SALES:                                                                                                 
    Cost Goods and Services Sold                    214,137,000,000                                                
                                                                                                                   
    Gross Profit                                    169,148,000,000                                                
                                                                                                                   
    OPERATING EXPENSES:                                                                                            
      Research and Development Expenses              29,915,000,000                                                
      Selling General and Administrative Expenses    24,932,000,000                                                
    Total Operating Expenses                         54,847,000,000                                                
                                                                                                                   
    Operating Income                                114,301,000,000                                                
                                                                                                                   
    OTHER INCOME/EXPENSE:                                                                                          
      Interest Expense                                3,933,000,000                                                
      Nonoperating Income                              -565,000,000                                                
    Income Before Taxes                             113,736,000,000                                                
                                                                                                                   
    Income Tax Expense                               16,741,000,000                                                
    Net Income                                       96,995,000,000                                                
                                                                                                                   
    EARNINGS PER SHARE:                                                                                            
      Basic                                                    6.16                                                
      Diluted                                                  6.13                                                
    WEIGHTED AVERAGE SHARES OUTSTANDING:                                                                           
      Basic                                          15,744,231,000                                                
      Diluted                                        15,812,547,000                                                
                                                                                                                   
                                                                                                                   
apple.former_names
[{'name': 'APPLE INC',
  'from': '2007-01-10T00:00:00.000Z',
  'to': '2019-08-05T00:00:00.000Z'},
 {'name': 'APPLE COMPUTER INC',
  'from': '1994-01-26T00:00:00.000Z',
  'to': '2007-01-04T00:00:00.000Z'},
 {'name': 'APPLE COMPUTER INC/ FA',
  'from': '1997-07-28T00:00:00.000Z',
  'to': '1997-07-28T00:00:00.000Z'}]

Company Filings

You can also use this Company object to access the company’s filings. The get_filings method allows you to retrieve a list of filings for the company, filtered by form type, date range, and other criteria. Here’s an example of how to retrieve the 10-Q filings (quarterly earnings) for a company:

filings = apple.get_filings(form="10-Q")
filings

╭──────────────────────────────────────── Filings for Apple Inc. [320193] ────────────────────────────────────────╮
│                                                                                                                 │
│        form   filed        accession_number       xbrl                                                          │
│  ──────────────────────────────────────────────────────                                                         │
│   0    10-Q   2024-02-02   0000320193-24-000006                                                             │
│   1    10-Q   2023-08-04   0000320193-23-000077   ✓                                                             │
│   2    10-Q   2023-05-05   0000320193-23-000064                                                             │
│   3    10-Q   2023-02-03   0000320193-23-000006   ✓                                                             │
│   4    10-Q   2022-07-29   0000320193-22-000070                                                             │
│   5    10-Q   2022-04-29   0000320193-22-000059   ✓                                                             │
│   6    10-Q   2022-01-28   0000320193-22-000007                                                             │
│   7    10-Q   2021-07-28   0000320193-21-000065   ✓                                                             │
│   8    10-Q   2021-04-29   0000320193-21-000056                                                             │
│   9    10-Q   2021-01-28   0000320193-21-000010   ✓                                                             │
│   10   10-Q   2020-07-31   0000320193-20-000062                                                             │
│   11   10-Q   2020-05-01   0000320193-20-000052   ✓                                                             │
│   12   10-Q   2020-01-29   0000320193-20-000010                                                             │
│   13   10-Q   2019-07-31   0000320193-19-000076   ✓                                                             │
│   14   10-Q   2019-05-01   0000320193-19-000066                                                             │
│   15   10-Q   2019-01-30   0000320193-19-000010   ✓                                                             │
│   16   10-Q   2018-08-01   0000320193-18-000100                                                             │
│   17   10-Q   2018-05-02   0000320193-18-000070   ✓                                                             │
│   18   10-Q   2018-02-02   0000320193-18-000007                                                             │
│   19   10-Q   2017-08-02   0000320193-17-000009   ✓                                                             │
│   20   10-Q   2017-05-03   0001628280-17-004790                                                             │
│   21   10-Q   2017-02-01   0001628280-17-000717   ✓                                                             │
│   22   10-Q   2016-07-27   0001628280-16-017809                                                             │
│   23   10-Q   2016-04-27   0001193125-16-559625   ✓                                                             │
│   24   10-Q   2016-01-27   0001193125-16-439878                                                             │
│   25   10-Q   2015-07-22   0001193125-15-259935   ✓                                                             │
│   26   10-Q   2015-04-28   0001193125-15-153166                                                             │
│   27   10-Q   2015-01-28   0001193125-15-023697   ✓                                                             │
│   28   10-Q   2014-07-23   0001193125-14-277160                                                             │
│   29   10-Q   2014-04-24   0001193125-14-157311   ✓                                                             │
│   30   10-Q   2014-01-28   0001193125-14-024487                                                             │
│   31   10-Q   2013-07-24   0001193125-13-300670   ✓                                                             │
│   32   10-Q   2013-04-24   0001193125-13-168288                                                             │
│   33   10-Q   2013-01-24   0001193125-13-022339   ✓                                                             │
│   34   10-Q   2012-07-25   0001193125-12-314552                                                             │
│   35   10-Q   2012-04-25   0001193125-12-182321   ✓                                                             │
│   36   10-Q   2012-01-25   0001193125-12-023398                                                             │
│   37   10-Q   2011-07-20   0001193125-11-192493   ✓                                                             │
│   38   10-Q   2011-04-21   0001193125-11-104388                                                             │
│   39   10-Q   2011-01-19   0001193125-11-010144   ✓                                                             │
│   40   10-Q   2010-07-21   0001193125-10-162840                                                             │
│   41   10-Q   2010-04-21   0001193125-10-088957   ✓                                                             │
│   42   10-Q   2010-01-25   0001193125-10-012085                                                             │
│   43   10-Q   2009-07-22   0001193125-09-153165   ✓                                                             │
│   44   10-Q   2009-04-23   0001193125-09-085781                                                                 │
│   45   10-Q   2009-01-23   0001193125-09-009937                                                                 │
│   46   10-Q   2008-07-23   0001193125-08-156421                                                                 │
│   47   10-Q   2008-05-01   0001193125-08-097759                                                                 │
│   48   10-Q   2008-02-01   0001193125-08-017426                                                                 │
│   49   10-Q   2007-08-08   0001104659-07-059873                                                                 │
│                                                                                                                 │
│ Showing 50 filings of 90 total                                                                                  │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

After retrieving a list of filings, you might want to analyze the metadata or convert it into a format that’s easier to work with, such as a pandas DataFrame:

filings.to_pandas()
accession_number filing_date reportDate acceptanceDateTime act form fileNumber items size isXBRL isInlineXBRL primaryDocument primaryDocDescription
0 0000320193-24-000006 2024-02-02 2023-12-30 2024-02-01T18:03:38.000Z 34 10-Q 001-36743 4984121 1 1 aapl-20231230.htm 10-Q
1 0000320193-23-000077 2023-08-04 2023-07-01 2023-08-03T18:04:43.000Z 34 10-Q 001-36743 5939898 1 1 aapl-20230701.htm 10-Q
2 0000320193-23-000064 2023-05-05 2023-04-01 2023-05-04T18:03:52.000Z 34 10-Q 001-36743 6314786 1 1 aapl-20230401.htm 10-Q
3 0000320193-23-000006 2023-02-03 2022-12-31 2023-02-02T18:01:30.000Z 34 10-Q 001-36743 5915088 1 1 aapl-20221231.htm 10-Q
4 0000320193-22-000070 2022-07-29 2022-06-25 2022-07-28T18:06:56.000Z 34 10-Q 001-36743 6109993 1 1 aapl-20220625.htm 10-Q
... ... ... ... ... ... ... ... ... ... ... ... ... ...
85 0000320193-95-000011 1995-08-11 1995-06-30 1995-08-11T00:00:00.000Z 10-Q 000-10030 213500 0 0
86 0000320193-95-000008 1995-05-15 1995-03-31 1995-05-15T00:00:00.000Z 10-Q 000-10030 111162 0 0
87 0000320193-95-000003 1995-02-09 1994-12-30 1995-02-09T00:00:00.000Z 10-Q 000-10030 132577 0 0
88 0000320193-94-000013 1994-08-12 1994-07-01 1994-08-12T00:00:00.000Z 10-Q 000-10030 138354 0 0
89 0000320193-94-000002 1994-01-26 1993-12-31 1994-01-26T00:00:00.000Z 10-Q 000-10030 233311 0 0

90 rows × 13 columns

This DataFrame contains metadata about each filing, which can be invaluable for preliminary analyses or for identifying filings of interest.

Accessing Filing Data

Beyond metadata, edgartools facilitates downloading and accessing the content of filings. Let’s work with the latest filing from the list we retrieved earlier.

latest_10q = filings.latest()
latest_10q

╭───────────────────────────────────────── 10-Q 📊 filing for Apple Inc. ─────────────────────────────────────────╮
│                                                                                                                 │
│   Accession Number       Filing Date   Company      CIK                                                         │
│  ──────────────────────────────────────────────────────────                                                     │
│   0000320193-24-000006   2024-02-02    Apple Inc.   320193                                                      │
│                                                                                                                 │
│                                                                                                                 │
│   Links: 🏠 Homepage 📄 Primary Document 📜 Full Submission Text                                                │
│  ───────────────────────────────────────────────────────────────────────────────────────────                    │
│   🏠 https://sec.gov/Archives/edgar/data/320193/0000320193-24-000006-index.html                                 │
│   📄 https://sec.gov/Archives/edgar/data/320193/000032019324000006/aapl-20231230.htm                            │
│   📜 https://sec.gov/Archives/edgar/data/320193/000032019324000006/0000320193-24-000006.txt                     │
│                                                                                                                 │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

To download the filing content, you can use the obj() method, which in this case will return a TenQ object. This object contains the filing’s content.

tenq = latest_10q.obj()
tenq

╭─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╮
│ ╭─────────────────────────────────────── 10-Q 📊 filing for Apple Inc. ───────────────────────────────────────╮ │
│ │                                                                                                             │ │
│ │   Accession Number       Filing Date   Company      CIK                                                     │ │
│ │  ──────────────────────────────────────────────────────────                                                 │ │
│ │   0000320193-24-000006   2024-02-02    Apple Inc.   320193                                                  │ │
│ │                                                                                                             │ │
│ │                                                                                                             │ │
│ │   Links: 🏠 Homepage 📄 Primary Document 📜 Full Submission Text                                            │ │
│ │  ───────────────────────────────────────────────────────────────────────────────────────────                │ │
│ │   🏠 https://sec.gov/Archives/edgar/data/320193/0000320193-24-000006-index.html                             │ │
│ │   📄 https://sec.gov/Archives/edgar/data/320193/000032019324000006/aapl-20231230.htm                        │ │
│ │   📜 https://sec.gov/Archives/edgar/data/320193/000032019324000006/0000320193-24-000006.txt                 │ │
│ │                                                                                                             │ │
│ ╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────╯ │
│                                                                                                                 │
│                            Balance Sheet                                                                        │
│                                                                                                                 │
│                                                       2023-12-30                                                │
│    ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                               │
│     ASSETS:                                                                                                     │
│     CURRENT ASSETS:                                                                                             │
│       Cash and Cash Equivalents                   40,760,000,000                                                │
│       Other Current Assets                        13,979,000,000                                                │
│       Current Assets                             143,692,000,000                                                │
│                                                                                                                 │
│     NONCURRENT ASSETS:                                                                                          │
│       Marketable Securities                       99,475,000,000                                                │
│       Property, Plant and Equipment               43,666,000,000                                                │
│       Other Noncurrent Assets                     66,681,000,000                                                │
│       Total Noncurrent Assets                    209,822,000,000                                                │
│                                                                                                                 │
│     Total Assets                                 353,514,000,000                                                │
│                                                                                                                 │
│     LIABILITIES AND STOCKHOLDERS' EQUITY:                                                                       │
│     CURRENT LIABILITIES:                                                                                        │
│       Accounts Payable                            58,146,000,000                                                │
│       Other Current Liabilities                   54,611,000,000                                                │
│       Deferred Revenue                             8,264,000,000                                                │
│       Commercial Paper                             1,998,000,000                                                │
│       Term Debt                                   10,954,000,000                                                │
│       Total Current Liabilities                  133,973,000,000                                                │
│                                                                                                                 │
│     NONCURRENT LIABILITIES:                                                                                     │
│       Non-current Long Term Debt                  95,088,000,000                                                │
│       Other Noncurrent Liabilities                50,353,000,000                                                │
│       Total Noncurrent Liabilities               145,441,000,000                                                │
│                                                                                                                 │
│     Total Liabilities                            279,414,000,000                                                │
│                                                                                                                 │
│     STOCKHOLDERS' EQUITY:                                                                                       │
│       Common Stock and paid-in Capital            75,236,000,000                                                │
│       Retained Earnings                            8,242,000,000                                                │
│       Accumulated Other Comprehensive Income      -9,378,000,000                                                │
│       Total Stockholders' Equity                  74,100,000,000                                                │
│                                                                                                                 │
│     Total Liabilities and Stockholders' Equity   353,514,000,000                                                │
│                                                                                                                 │
│                               Cashflow Statement                                                                │
│                                                                                                                 │
│                                                                  2023-12-30                                     │
│    ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                    │
│     OPERATING ACTIVITIES:                                                                                       │
│       Net Income                                             33,916,000,000                                     │
│       Depreciation and Amortization                           2,848,000,000                                     │
│       Stock-based Compensation                                2,997,000,000                                     │
│       Other Noncash Income/Expense                              989,000,000                                     │
│       Changes in Accounts Payable                            -4,542,000,000                                     │
│       Changes in Inventories                                    137,000,000                                     │
│       Net Cash Provided by Operating Activities              39,895,000,000                                     │
│                                                                                                                 │
│     INVESTING ACTIVITIES:                                                                                       │
│       Purchases of Marketable Securities                      9,780,000,000                                     │
│       Proceeds from Maturities of Marketable Securities      13,046,000,000                                     │
│       Proceeds from Sale of Marketable Securities             1,337,000,000                                     │
│       Purchases of Property, Plant and Equipment              2,392,000,000                                     │
│       Other Investing Activities                                284,000,000                                     │
│       Net Cash Provided by Investing Activities               1,927,000,000                                     │
│                                                                                                                 │
│     FINANCING ACTIVITIES:                                                                                       │
│       Payments of Tax for Share-based Compensation            2,591,000,000                                     │
│       Dividends Paid                                          3,825,000,000                                     │
│       Repurchases of Common Stock                            20,139,000,000                                     │
│       Repayments of Long-term Debt                                        0                                     │
│       Net Cash Provided by Financing Activities             -30,585,000,000                                     │
│                                                                                                                 │
│     Changes in Cash, cash equivalents and restricted cash    11,237,000,000                                     │
│     Cash, cash equivalents and restricted cash               41,974,000,000                                     │
│                                                                                                                 │
│                  Consolidated Statement of Operations                                                           │
│                                                                                                                 │
│                                                          2023-12-30                                             │
│    ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                            │
│     Total Net Sales                                 119,575,000,000                                             │
│                                                                                                                 │
│     COST OF SALES:                                                                                              │
│     Cost Goods and Services Sold                     64,720,000,000                                             │
│                                                                                                                 │
│     Gross Profit                                     54,855,000,000                                             │
│                                                                                                                 │
│     OPERATING EXPENSES:                                                                                         │
│       Research and Development Expenses               7,696,000,000                                             │
│       Selling General and Administrative Expenses     6,786,000,000                                             │
│     Total Operating Expenses                         14,482,000,000                                             │
│                                                                                                                 │
│     Operating Income                                 40,373,000,000                                             │
│                                                                                                                 │
│     OTHER INCOME/EXPENSE:                                                                                       │
│       Nonoperating Income                               -50,000,000                                             │
│     Income Before Taxes                              40,323,000,000                                             │
│                                                                                                                 │
│     Income Tax Expense                                6,407,000,000                                             │
│     Net Income                                       33,916,000,000                                             │
│                                                                                                                 │
│     EARNINGS PER SHARE:                                                                                         │
│       Basic                                                    2.19                                             │
│       Diluted                                                  2.18                                             │
│     WEIGHTED AVERAGE SHARES OUTSTANDING:                                                                        │
│       Basic                                          15,509,763,000                                             │
│       Diluted                                        15,576,641,000                                             │
│                                                                                                                 │
│                                                                                                                 │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

The TenQ object provides access to the text content of the filing in a structured format, split by sections called “Items”. You can access the list of items in the filing using the .item attribute:

tenq.items
['Item 1', 'Item 2', 'Item 3', 'Item 4', 'Item 1A', 'Item 5', 'Item 6']

You can then access the text content of each item using by passing the item name in square brackets:

print(tenq["Item 2"])
Item 2.    Management’s Discussion and Analysis of Financial Condition and Results of Operations
This Item and other sections of this Quarterly Report on Form 10-Q (“Form 10-Q”) contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. For example, statements in this Form 10-Q regarding the potential future impact of macroeconomic conditions on the Company’s business and results of operations are forward-looking statements. Forward-looking statements can also be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “will,” “would,” “could,” “can,” “may,” and similar terms. Forward-looking statements are not guarantees of future performance and the Company’s actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include, but are not limited to, those discussed in Part I, Item 1A of the 2023 Form 10-K under the heading “Risk Factors.” The Company assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.
Unless otherwise stated, all information presented herein is based on the Company’s fiscal calendar, and references to particular years, quarters, months or periods refer to the Company’s fiscal years ended in September and the associated quarters, months and periods of those fiscal years.
The following discussion should be read in conjunction with the 2023 Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and the condensed consolidated financial statements and accompanying notes included in Part I, Item 1 of this Form 10-Q.
Available Information
The Company periodically provides certain information for investors on its corporate website, www.apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, information on environmental, social and governance matters, and details related to the Company’s annual meeting of shareholders. The information contained on the websites referenced in this Form 10-Q is not incorporated by reference into this filing. Further, the Company’s references to website URLs are intended to be inactive textual references only.
Business Seasonality and Product Introductions
The Company has historically experienced higher net sales in its first quarter compared to other quarters in its fiscal year due in part to seasonal holiday demand. Additionally, new product and service introductions can significantly impact net sales, cost of sales and operating expenses. The timing of product introductions can also impact the Company’s net sales to its indirect distribution channels as these channels are filled with new inventory following a product launch, and channel inventory of an older product often declines as the launch of a newer product approaches. Net sales can also be affected when consumers and distributors anticipate a product introduction.
Fiscal Period
The Company’s fiscal year is the 52- or 53-week period that ends on the last Saturday of September. An additional week is included in the first fiscal quarter every five or six years to realign the Company’s fiscal quarters with calendar quarters, which occurred in the first quarter of 2023. The Company’s fiscal years 2024 and 2023 span 52 and 53 weeks, respectively.
Quarterly Highlights
The Company’s first quarter of 2024 included 13 weeks, compared to 14 weeks during the first quarter of 2023.
The Company’s total net sales increased 2% or $2.4 billion during the first quarter of 2024 compared to the same quarter in 2023, driven primarily by higher net sales of iPhone and Services, partially offset by lower net sales of iPad and Wearables, Home and Accessories.
During the first quarter of 2024, the Company announced an updated MacBook Pro® 14-in., MacBook Pro 16-in. and iMac®.
The Company repurchased $20.5 billion of its common stock and paid dividends and dividend equivalents of $3.8 billion during the first quarter of 2024.
Macroeconomic Conditions
Macroeconomic conditions, including inflation, changes in interest rates, and currency fluctuations, have directly and indirectly impacted, and could in the future materially impact, the Company’s results of operations and financial condition.
Apple Inc. | Q1 2024 Form 10-Q | 13


Segment Operating Performance
The following table shows net sales by reportable segment for the three months ended December 30, 2023 and December 31, 2022 (dollars in millions):
 | Three Months Ended | | ---------------------------------+--------------------+---------+----------------- | December 30,2023 | | December 31,2022 | | Change | | | | | ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Net sales by reportable segment: | | | | | | | | | | ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Americas | $ | 50,430 | | | $ | 49,278 | | | 2 | % ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Europe | 30,397 | | | 27,681 | | | 10 | % | | ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Greater China | 20,819 | | | 23,905 | | | (13) | % | | ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Japan | 7,767 | | | 6,755 | | | 15 | % | | ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Rest of Asia Pacific | 10,162 | | | 9,535 | | | 7 | % | | ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Total net sales | $ | 119,575 | | | $ | 117,154 | | | 2 | % ---------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Americas
Americas net sales increased 2% or $1.2 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher net sales of Services and iPhone, partially offset by lower net sales of iPad. The strength in foreign currencies relative to the U.S. dollar had a net favorable year-over-year impact on Americas net sales during the first quarter of 2024. 
Europe
Europe net sales increased 10% or $2.7 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher net sales of iPhone. The strength in foreign currencies relative to the U.S. dollar had a net favorable year-over-year impact on Europe net sales during the first quarter of 2024.
Greater China
Greater China net sales decreased 13% or $3.1 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to lower net sales of iPhone, iPad and Wearables, Home and Accessories. The weakness in the renminbi relative to the U.S. dollar had an unfavorable year-over-year impact on Greater China net sales during the first quarter of 2024.
Japan
Japan net sales increased 15% or $1.0 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher net sales of iPhone. The weakness in the yen relative to the U.S. dollar had an unfavorable year-over-year impact on Japan net sales during the first quarter of 2024.
Rest of Asia Pacific
Rest of Asia Pacific net sales increased 7% or $627 million during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher net sales of iPhone, partially offset by lower net sales of Wearables, Home and Accessories.
Apple Inc. | Q1 2024 Form 10-Q | 14


Products and Services Performance
The following table shows net sales by category for the three months ended December 30, 2023 and December 31, 2022 (dollars in millions):
 | Three Months Ended | | --------------------------------+--------------------+---------+----------------- | December 30,2023 | | December 31,2022 | | Change | | | | | --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Net sales by category: | | | | | | | | | | --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- iPhone | $ | 69,702 | | | $ | 65,775 | | | 6 | % --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Mac | 7,780 | | | 7,735 | | | 1 | % | | --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- iPad | 7,023 | | | 9,396 | | | (25) | % | | --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Wearables, Home and Accessories | 11,953 | | | 13,482 | | | (11) | % | | --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Services | 23,117 | | | 20,766 | | | 11 | % | | --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- Total net sales | $ | 119,575 | | | $ | 117,154 | | | 2 | % --------------------------------+--------------------+---------+------------------+--------+--------+---------+------+---+---+-- iPhone
iPhone net sales increased 6% or $3.9 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher net sales of Pro models, partially offset by lower net sales of other models.
Mac
Mac net sales were relatively flat during the first quarter of 2024 compared to the same quarter in 2023.
iPad
iPad net sales decreased 25% or $2.4 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to lower net sales of iPad Pro, iPad 9th generation and iPad Air.
Wearables, Home and Accessories
Wearables, Home and Accessories net sales decreased 11% or $1.5 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to lower net sales of Wearables and Accessories.
Services
Services net sales increased 11% or $2.4 billion during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher net sales from advertising, video and cloud services.
Apple Inc. | Q1 2024 Form 10-Q | 15


Gross Margin
Products and Services gross margin and gross margin percentage for the three months ended December 30, 2023 and December 31, 2022 were as follows (dollars in millions):
 | Three Months Ended | | -------------------+--------------------+--------+----------------- | December 30,2023 | | December 31,2022 | | | -------------------+--------------------+--------+------------------+--------+---+------- Gross margin: | | | | | | -------------------+--------------------+--------+------------------+--------+---+------- Products | $ | 38,018 | | | $ | 35,623 -------------------+--------------------+--------+------------------+--------+---+------- Services | 16,837 | | | 14,709 | | -------------------+--------------------+--------+------------------+--------+---+------- Total gross margin | $ | 54,855 | | | $ | 50,332 -------------------+--------------------+--------+------------------+--------+---+------- Gross margin percentage: | | | | ------------------------------+------+---+------+-- Products | 39.4 | % | 37.0 | % ------------------------------+------+---+------+-- Services | 72.8 | % | 70.8 | % ------------------------------+------+---+------+-- Total gross margin percentage | 45.9 | % | 43.0 | % ------------------------------+------+---+------+-- Products Gross Margin
Products gross margin increased during the first quarter of 2024 compared to the same quarter in 2023 due primarily to cost savings and a different Products mix, partially offset by the weakness in foreign currencies relative to the U.S. dollar and lower Products volume.
Products gross margin percentage increased during the first quarter of 2024 compared to the same quarter in 2023 due primarily to cost savings and a different Products mix, partially offset by the weakness in foreign currencies relative to the U.S. dollar.
Services Gross Margin
Services gross margin increased during the first quarter of 2024 compared to the same quarter in 2023 due primarily to higher Services net sales and a different Services mix.
Services gross margin percentage increased during the first quarter of 2024 compared to the same quarter in 2023 due primarily to a different Services mix.
The Company’s future gross margins can be impacted by a variety of factors, as discussed in Part I, Item 1A of the 2023 Form 10-K under the heading “Risk Factors.” As a result, the Company believes, in general, gross margins will be subject to volatility and downward pressure.
Apple Inc. | Q1 2024 Form 10-Q | 16


Operating Expenses
Operating expenses for the three months ended December 30, 2023 and December 31, 2022 were as follows (dollars in millions):
 | Three Months Ended | | ------------------------------------+--------------------+--------+----------------- | December 30,2023 | | December 31,2022 | | | ------------------------------------+--------------------+--------+------------------+----+---+------- Research and development | $ | 7,696 | | | $ | 7,709 ------------------------------------+--------------------+--------+------------------+----+---+------- Percentage of total net sales | 6 | % | | 7 | % | ------------------------------------+--------------------+--------+------------------+----+---+------- Selling, general and administrative | $ | 6,786 | | | $ | 6,607 ------------------------------------+--------------------+--------+------------------+----+---+------- Percentage of total net sales | 6 | % | | 6 | % | ------------------------------------+--------------------+--------+------------------+----+---+------- Total operating expenses | $ | 14,482 | | | $ | 14,316 ------------------------------------+--------------------+--------+------------------+----+---+------- Percentage of total net sales | 12 | % | | 12 | % | ------------------------------------+--------------------+--------+------------------+----+---+------- Research and Development
Research and development (“R&D”) expense was relatively flat during the first quarter of 2024 compared to the same quarter in 2023.
Selling, General and Administrative
Selling, general and administrative expense increased 3% or $179 million during the first quarter of 2024 compared to the same quarter in 2023.
Provision for Income Taxes
Provision for income taxes, effective tax rate and statutory federal income tax rate for the three months ended December 30, 2023 and December 31, 2022 were as follows (dollars in millions):
 | Three Months Ended | | ----------------------------------+--------------------+-------+----------------- | December 30,2023 | | December 31,2022 | | | ----------------------------------+--------------------+-------+------------------+------+---+------ Provision for income taxes | $ | 6,407 | | | $ | 5,625 ----------------------------------+--------------------+-------+------------------+------+---+------ Effective tax rate | 15.9 | % | | 15.8 | % | ----------------------------------+--------------------+-------+------------------+------+---+------ Statutory federal income tax rate | 21 | % | | 21 | % | ----------------------------------+--------------------+-------+------------------+------+---+------ The Company’s effective tax rate for the first quarter of 2024 was lower than the statutory federal income tax rate due primarily to a lower effective tax rate on foreign earnings, tax benefits from share-based compensation, and the impact of the U.S. federal R&D credit, partially offset by state income taxes.
The Company’s effective tax rate for the first quarter of 2024 was relatively flat compared to the same quarter in 2023.
Liquidity and Capital Resources
The Company believes its balances of cash, cash equivalents and unrestricted marketable securities, along with cash generated by ongoing operations and continued access to debt markets, will be sufficient to satisfy its cash requirements and capital return program over the next 12 months and beyond.
The Company’s contractual cash requirements have not changed materially since the 2023 Form 10-K, except for manufacturing purchase obligations.
Manufacturing Purchase Obligations
The Company utilizes several outsourcing partners to manufacture subassemblies for the Company’s products and to perform final assembly and testing of finished products. The Company also obtains individual components for its products from a wide variety of individual suppliers. As of December 30, 2023, the Company had manufacturing purchase obligations of $38.0 billion, with $37.9 billion payable within 12 months.
Apple Inc. | Q1 2024 Form 10-Q | 17


Capital Return Program
In addition to its contractual cash requirements, the Company has an authorized share repurchase program. The program does not obligate the Company to acquire a minimum amount of shares. As of December 30, 2023, the Company’s quarterly cash dividend was $0.24 per share. The Company intends to increase its dividend on an annual basis, subject to declaration by the Board of Directors.
Recent Accounting Pronouncements
Income Taxes
In December 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which will require the Company to disclose specified additional information in its income tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. ASU 2023-09 will also require the Company to disaggregate its income taxes paid disclosure by federal, state and foreign taxes, with further disaggregation required for significant individual jurisdictions. The Company will adopt ASU 2023-09 in its fourth quarter of 2026. ASU 2023-09 allows for adoption using either a prospective or retrospective transition method.
Segment Reporting
In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”), which will require the Company to disclose segment expenses that are significant and regularly provided to the Company’s chief operating decision maker (“CODM”). In addition, ASU 2023-07 will require the Company to disclose the title and position of its CODM and how the CODM uses segment profit or loss information in assessing segment performance and deciding how to allocate resources. The Company will adopt ASU 2023-07 in its fourth quarter of 2025 using a retrospective transition method.
Critical Accounting Estimates
The preparation of financial statements and related disclosures in conformity with GAAP and the Company’s discussion and analysis of its financial condition and operating results require the Company’s management to make judgments, assumptions and estimates that affect the amounts reported. Note 1, “Summary of Significant Accounting Policies” of the Notes to Condensed Consolidated Financial Statements in Part I, Item 1 of this Form 10-Q and in the Notes to Consolidated Financial Statements in Part II, Item 8 of the 2023 Form 10-K describe the significant accounting policies and methods used in the preparation of the Company’s condensed consolidated financial statements. There have been no material changes to the Company’s critical accounting estimates since the 2023 Form 10-K.
Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Share repurchase activity during the three months ended December 30, 2023 was as follows (in millions, except number of shares, which are reflected in thousands, and per-share amounts):
Periods | Total Numberof Shares Purchased | Average PricePaid Per Share | | Total Number of SharesPurchased as Part of PubliclyAnnounced Plans or Programs | | Approximate Dollar Value ofShares That May Yet Be PurchasedUnder the Plans or Programs (1) -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+------------------------------------------------------------------------------------------- October 1, 2023 to November 4, 2023: | | | | | | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+------------------------------------------------------------------------------------------- August 2023 ASRs | 6,498 | | (2) | | 6,498 | | | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+--------------------------------------------------------------------------------------------+--------+------- Open market and privately negotiated purchases | 45,970 | | $ | 174.03 | | | 45,970 | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+--------------------------------------------------------------------------------------------+--------+------- November 5, 2023 to December 2, 2023: | | | | | | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+------------------------------------------------------------------------------------------- Open market and privately negotiated purchases | 33,797 | | $ | 187.14 | | | 33,797 | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+--------------------------------------------------------------------------------------------+--------+------- December 3, 2023 to December 30, 2023: | | | | | | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+------------------------------------------------------------------------------------------- Open market and privately negotiated purchases | 31,782 | | $ | 194.29 | | | 31,782 | -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+--------------------------------------------------------------------------------------------+--------+------- Total | 118,047 | | | | | | $ | 53,569 -----------------------------------------------+---------------------------------+-----------------------------+-----+--------------------------------------------------------------------------------+-------+--------------------------------------------------------------------------------------------+--------+------- (1)As of December 30, 2023, the Company was authorized by the Board of Directors to purchase up to $90 billion of the Company’s common stock under a share repurchase program announced on May 4, 2023, of which $36.4 billion had been utilized. The program does not obligate the Company to acquire a minimum amount of shares. Under the program, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
(2)In August 2023, the Company entered into accelerated share repurchase agreements (“ASRs”) to purchase up to a total of $5.0 billion of the Company’s common stock. In October 2023, the purchase periods for these ASRs ended and an additional 6 million shares were delivered and retired. In total, 29 million shares were delivered under these ASRs at an average repurchase price of $174.93 per share.
Apple Inc. | Q1 2024 Form 10-Q | 20


XBRL Data

XBRL (eXtensible Business Reporting Language) data offers a standardized format for financial reporting, making it easier to compare financial information across companies. SEC has required companies to submit their financial statements in XBRL format for many years, and this data is available through the Edgar database. edgartools provides tools to access this parsed data directly:

xbrl = latest_10q.xbrl()
xbrl

╭─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╮
│ Form 10-Q Extracted XBRL                                                                                        │
│                                                                                                                 │
│                cik      form   namespaces   facts                                                               │
│  ─────────────────────────────────────────────────                                                              │
│   Apple Inc.   320193   10-Q   11           629                                                                 │
│                                                                                                                 │
│ Facts                                                                                                           │
│                                                                                                                 │
│         namespace   fact                         value        units   end_date                                  │
│  ────────────────────────────────────────────────────────────────────────────────                               │
│   0     dei         AmendmentFlag                False        None    2023-12-30                                │
│   1     dei         DocumentFiscalYearFocus      2024         None    2023-12-30                                │
│   2     dei         DocumentFiscalPeriodFocus    Q1           None    2023-12-30                                │
│   3     dei         EntityCentralIndexKey        0000320193   None    2023-12-30                                │
│   4     dei         CurrentFiscalYearEndDate     --09-28      None    2023-12-30                                │
│   ...   ...         ...                          ...          ...     ...                                       │
│   624   ecd         Rule10b51ArrAdoptedFlag      True         None    2023-12-30                                │
│   625   ecd         Rule10b51ArrAdoptedFlag      True         None    2023-12-30                                │
│   626   ecd         NonRule10b51ArrAdoptedFlag   False        None    2023-12-30                                │
│   627   ecd         Rule10b51ArrTrmntdFlag       False        None    2023-12-30                                │
│   628   ecd         NonRule10b51ArrTrmntdFlag    False        None    2023-12-30                                │
│                                                                                                                 │
│ Taxonomies                                                                                                      │
│                                                                                                                 │
│        taxonomy   namespace                                                                                     │
│  ───────────────────────────────────────────────────────────                                                    │
│   0    aapl       http://www.apple.com/20231230                                                                 │
│   1    dei        http://xbrl.sec.gov/dei/2023                                                                  │
│   2    ecd        http://xbrl.sec.gov/ecd/2023                                                                  │
│   3    iso4217    http://www.xbrl.org/2003/iso4217                                                              │
│   4    lang       en-US                                                                                         │
│   5    link       http://www.xbrl.org/2003/linkbase                                                             │
│   6    srt        http://fasb.org/srt/2023                                                                      │
│   7    us-gaap    http://fasb.org/us-gaap/2023                                                                  │
│   8    xbrldi     http://xbrl.org/2006/xbrldi                                                                   │
│   9    xlink      http://www.w3.org/1999/xlink                                                                  │
│   10   xsi        http://www.w3.org/2001/XMLSchema-instance                                                     │
│                                                                                                                 │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

You can also access the XBRL data as a pandas DataFrame, using the .facts.data attribute:

xbrl.facts.data
namespace fact value units start_date end_date dimensions period
0 dei AmendmentFlag False None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
1 dei DocumentFiscalYearFocus 2024 None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
2 dei DocumentFiscalPeriodFocus Q1 None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
3 dei EntityCentralIndexKey 0000320193 None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
4 dei CurrentFiscalYearEndDate --09-28 None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
... ... ... ... ... ... ... ... ...
624 ecd Rule10b51ArrAdoptedFlag True None 2023-10-01 2023-12-30 {'ecd:IndividualAxis': 'aapl:LucaMaestriMember'} 2023-10-01 to 2023-12-30
625 ecd Rule10b51ArrAdoptedFlag True None 2023-10-01 2023-12-30 {'ecd:IndividualAxis': 'aapl:KatherineLAdamsMe... 2023-10-01 to 2023-12-30
626 ecd NonRule10b51ArrAdoptedFlag False None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
627 ecd Rule10b51ArrTrmntdFlag False None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30
628 ecd NonRule10b51ArrTrmntdFlag False None 2023-10-01 2023-12-30 None 2023-10-01 to 2023-12-30

629 rows × 8 columns

If you just wanted to access the latest XBRL data for a company, you can do so directly using the get_facts() method:

apple.get_facts().to_pandas()
namespace fact val accn end fy fp form filed frame start
0 dei EntityCommonStockSharesOutstanding 8.958168e+08 0001193125-09-153165 2009-06-27 2009 Q3 10-Q 2009-07-22 CY2009Q2I None
1 dei EntityCommonStockSharesOutstanding 9.006785e+08 0001193125-09-214859 2009-10-16 2009 FY 10-K 2009-10-27 None None
2 dei EntityCommonStockSharesOutstanding 9.006785e+08 0001193125-10-012091 2009-10-16 2009 FY 10-K/A 2010-01-25 CY2009Q3I None
3 dei EntityCommonStockSharesOutstanding 9.067946e+08 0001193125-10-012085 2010-01-15 2010 Q1 10-Q 2010-01-25 CY2009Q4I None
4 dei EntityCommonStockSharesOutstanding 9.099384e+08 0001193125-10-088957 2010-04-09 2010 Q2 10-Q 2010-04-21 CY2010Q1I None
... ... ... ... ... ... ... ... ... ... ... ...
22323 us-gaap IncrementalCommonSharesAttributableToShareBase... 6.299500e+07 0000320193-24-000006 2022-12-31 2024 Q1 10-Q 2024-02-02 CY2022Q4 2022-09-25
22324 us-gaap IncrementalCommonSharesAttributableToShareBase... 6.831600e+07 0000320193-23-000106 2023-09-30 2023 FY 10-K 2023-11-03 CY2023 2022-09-25
22325 us-gaap IncrementalCommonSharesAttributableToShareBase... 6.687800e+07 0000320193-24-000006 2023-12-30 2024 Q1 10-Q 2024-02-02 CY2023Q4 2023-10-01
22326 us-gaap OtherAssetsMiscellaneousNoncurrent 3.905300e+10 0000320193-23-000106 2022-09-24 2023 FY 10-K 2023-11-03 CY2022Q3I None
22327 us-gaap OtherAssetsMiscellaneousNoncurrent 4.690600e+10 0000320193-23-000106 2023-09-30 2023 FY 10-K 2023-11-03 CY2023Q3I None

22328 rows × 11 columns

Working with 8-Ks and press releases

8-K filings are an essential source of up-to-date information about significant corporate events. These documents can contain anything from financial results to news of mergers and acquisitions, making them invaluable for financial analysis. edgartools simplifies the process of accessing these filings and extracting press releases, if available.

Retrieving 8-K Filings

To start, you’ll need to query the Edgar database for 8-K filings for a specific company:

latest_8ks = apple.get_filings(form="8-K")
latest_8ks

╭──────────────────────────────────────── Filings for Apple Inc. [320193] ────────────────────────────────────────╮
│                                                                                                                 │
│        form   filed        accession_number       xbrl                                                          │
│  ──────────────────────────────────────────────────────                                                         │
│   0    8-K    2024-02-28   0001140361-24-010155                                                             │
│   1    8-K    2024-02-01   0000320193-24-000005   ✓                                                             │
│   2    8-K    2023-11-02   0000320193-23-000104                                                             │
│   3    8-K    2023-08-03   0000320193-23-000075   ✓                                                             │
│   4    8-K    2023-05-10   0001140361-23-023909                                                             │
│   5    8-K    2023-05-04   0000320193-23-000063   ✓                                                             │
│   6    8-K    2023-03-10   0001140361-23-011192                                                             │
│   7    8-K    2023-02-02   0000320193-23-000005   ✓                                                             │
│   8    8-K    2022-11-07   0001193125-22-278435                                                             │
│   9    8-K    2022-10-27   0000320193-22-000107   ✓                                                             │
│   10   8-K    2022-08-19   0001193125-22-225365                                                             │
│   11   8-K    2022-08-08   0001193125-22-214914   ✓                                                             │
│   12   8-K    2022-07-28   0000320193-22-000069                                                             │
│   13   8-K    2022-04-28   0000320193-22-000058   ✓                                                             │
│   14   8-K    2022-03-04   0001193125-22-066169                                                             │
│   15   8-K    2022-01-27   0000320193-22-000006   ✓                                                             │
│   16   8-K    2021-11-12   0001193125-21-328151                                                             │
│   17   8-K    2021-10-28   0000320193-21-000104   ✓                                                             │
│   18   8-K    2021-08-05   0001193125-21-237787                                                             │
│   19   8-K    2021-07-27   0000320193-21-000063   ✓                                                             │
│   20   8-K    2021-04-28   0000320193-21-000055                                                             │
│   21   8-K    2021-02-24   0001193125-21-054710   ✓                                                             │
│   22   8-K    2021-02-08   0001193125-21-032394                                                             │
│   23   8-K    2021-01-27   0000320193-21-000009   ✓                                                             │
│   24   8-K    2021-01-05   0001193125-21-001982                                                             │
│   25   8-K    2020-10-29   0000320193-20-000094   ✓                                                             │
│   26   8-K    2020-08-20   0001193125-20-225672                                                             │
│   27   8-K    2020-08-07   0001193125-20-213158   ✓                                                             │
│   28   8-K    2020-07-30   0000320193-20-000060                                                             │
│   29   8-K    2020-05-11   0001193125-20-139112   ✓                                                             │
│   30   8-K    2020-04-30   0000320193-20-000050                                                             │
│   31   8-K    2020-02-27   0001193125-20-050884   ✓                                                             │
│   32   8-K    2020-02-18   0001193125-20-039203                                                             │
│   33   8-K    2020-01-28   0000320193-20-000008   ✓                                                             │
│   34   8-K    2019-11-15   0001193125-19-292676                                                             │
│   35   8-K    2019-10-30   0000320193-19-000117   ✓                                                             │
│   36   8-K    2019-09-13   0000320193-19-000093                                                             │
│   37   8-K    2019-09-11   0001193125-19-242975   ✓                                                             │
│   38   8-K    2019-07-30   0000320193-19-000073                                                                 │
│   39   8-K    2019-04-30   0000320193-19-000063                                                                 │
│   40   8-K    2019-03-04   0000320193-19-000032                                                                 │
│   41   8-K    2019-02-06   0000320193-19-000026                                                                 │
│   42   8-K    2019-01-29   0000320193-19-000007                                                                 │
│   43   8-K    2019-01-02   0000320193-19-000002                                                                 │
│   44   8-K    2018-11-01   0000320193-18-000142                                                                 │
│   45   8-K    2018-07-31   0000320193-18-000098                                                                 │
│   46   8-K    2018-05-07   0001193125-18-154515                                                                 │
│   47   8-K    2018-05-01   0000320193-18-000067                                                                 │
│   48   8-K    2018-02-14   0001193125-18-045761                                                                 │
│   49   8-K    2018-02-01   0000320193-18-000005                                                                 │
│                                                                                                                 │
│ Showing 50 filings of 210 total                                                                                 │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

You can then access the content of the latest 8-K filing using the obj() method, which returns an EightK object:

eightk = [x.obj() for x in latest_8ks.latest(10)]

Extracting press releases

Not all 8-K filings will include press releases. To filter out the filings that contain press releases, you will need to inspect each filing individually using the has_press_release attribute. Here’s a simplified approach to identify and collect filings with press releases:

eightks = [x for x in eightk if x.has_press_release]
len(eightks)
7

To access the press release content, you can use the press_releases attribute of the EightK object, which is an object of type PressReleases:

pr = eightks[0].press_releases
pr

                                                                      
      Description   Document                      Type      Size      
 ──────────────────────────────────────────────────────────────────── 
  1   EX-99.1       a8-kex991q1202412302023.htm   EX-99.1   137.4 KB  
                                                                      

This object contains a list of press releases in the attachments attribute. Most will only have one press release, but some may have multiple attachments:

pr.attachments

                                                                      
      Description   Document                      Type      Size      
 ──────────────────────────────────────────────────────────────────── 
  1   EX-99.1       a8-kex991q1202412302023.htm   EX-99.1   137.4 KB  
                                                                      

You can open the press release in a browser to read its content using the open() method:

pr.attachments[0].open()

Alternatively, you can access the text content of the attachement directly using the download() method:

text = pr.attachments.get(0).download()

In most cases, the press release will be in HTML format embedded into a XML file. To extract the text content from the HTML, you will need to do some extra work using libraries like BeautifulSoup.

print(text)
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a8-kex991q1202412302023.htm
<DESCRIPTION>EX-99.1
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2024 Workiva -->
<title>Document</title></head><body><div id="id9d7b63400cc4428a185fcc5dc6707e0_1"></div><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div style="text-align:right"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Exhibit 99.1</font></div><div style="margin-top:6pt"><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:15pt;font-weight:700;line-height:120%">Apple reports first quarter results</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Services revenue reaches new all-time record</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:11pt;font-weight:700;line-height:120%">EPS up 16 percent to new all-time high</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">CUPERTINO, CALIFORNIA &#8212; Apple</font><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:5.85pt;font-weight:400;line-height:112%;position:relative;top:-3.15pt;vertical-align:baseline">&#174;</font><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%"> today announced financial results for its fiscal 2024 first quarter ended December 30, 2023. The Company posted quarterly revenue of $119.6 billion, up 2 percent year over year, and quarterly earnings per diluted share of $2.18, up 16 percent year over year.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">&#8220;Today Apple is reporting revenue growth for the December quarter fueled by iPhone sales, and an all-time revenue record in Services,&#8221; said Tim Cook, Apple&#8217;s CEO. &#8220;We are pleased to announce that our installed base of active devices has now surpassed 2.2 billion, reaching an all-time high across all products and geographic segments. And as customers begin to experience the incredible Apple Vision Pro tomorrow, we are committed as ever to the pursuit of groundbreaking innovation &#8212; in line with our values and on behalf of our customers.&#8221;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">&#8220;Our December quarter top-line performance combined with margin expansion drove an all-time record EPS of $2.18, up 16 percent from last year,&#8221; said Luca Maestri, Apple&#8217;s CFO. &#8220;During the quarter, we generated nearly $40 billion of operating cash flow, and returned almost $27 billion to our shareholders. We are confident in our future, and continue to make significant investments across our business to support our long-term growth plans.&#8221;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Apple&#8217;s board of directors has declared a cash dividend of $0.24 per share of the Company&#8217;s common stock. The dividend is payable on February 15, 2024 to shareholders of record as of the close of business on February 12, 2024.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Based on the Company&#8217;s fiscal calendar, the Company&#8217;s fiscal 2024 first quarter had 13 weeks, while the Company&#8217;s fiscal 2023 first quarter had 14 weeks.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Apple will provide live streaming of its Q1 2024 financial results conference call beginning at 2&#58;00 p.m. PT on February 1, 2024 at apple.com&#47;investor&#47;earnings-call. The webcast will be available for replay for approximately two weeks thereafter.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about payment of the Company&#8217;s quarterly dividend. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation&#58; effects of global and regional economic conditions, including as a result of government policies, war, terrorism, natural disasters, and public health issues&#59; risks relating to the design, manufacture, introduction, and transition of products and services in highly competitive and rapidly changing markets, including from reliance on third parties for components, technology, manufacturing, applications, and content&#59; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data&#59; and effects of unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. More information on these risks and other potential factors that could affect the Company&#8217;s business, reputation, results of operations, financial condition, and stock price is included in the Company&#8217;s filings with the SEC, including in the &#8220;Risk Factors&#8221; and &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; sections of the Company&#8217;s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple&#8217;s five software platforms &#8212; iOS, iPadOS, macOS, watchOS, and tvOS &#8212; provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple&#8217;s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Press Contact&#58;</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Josh Rosenstock</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Apple</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">jrosenstock&#64;apple.com</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(408) 862-1142</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Investor Relations Contact&#58;</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Suhasini Chandramouli</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Apple</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">suhasini&#64;apple.com</font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(408) 974-3123</font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">NOTE TO EDITORS&#58; For additional information visit Apple Newsroom (www.apple.com&#47;newsroom), or email Apple&#8217;s Media Helpline at media.help&#64;apple.com.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#169; 2024 Apple Inc. All rights reserved. Apple and the Apple logo are trademarks of Apple. Other company and product names may be trademarks of their respective owners.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><div id="id9d7b63400cc4428a185fcc5dc6707e0_4"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Apple Inc.</font></div><div style="margin-top:9pt;text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions, except number of shares, which are reflected in thousands, and per-share amounts)</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.976%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.496%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.498%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 30,<br>2023</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,<br>2022</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net sales&#58;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Products</font></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96,458&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96,388&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Services</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23,117&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,766&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net sales </font><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">119,575&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">117,154&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of sales&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Products</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58,440&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60,765&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;&#160;Services</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,280&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,057&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cost of sales</font></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">64,720&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66,822&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 46pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross margin</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54,855&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,332&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating expenses&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Research and development</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,696&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,709&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Selling, general and administrative</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,786&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,607&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total operating expenses</font></div></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,482&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,316&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating income</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40,373&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36,016&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income&#47;(expense), net</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(393)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income before provision for income taxes</font></div></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40,323&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">35,623&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Provision for income taxes</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,407&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,625&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</font></div></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33,916&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29,998&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Earnings per share&#58;</font></div></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.19&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.89&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Diluted</font></div></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.18&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.88&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares used in computing earnings per share&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,509,763&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,892,723&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Diluted</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,576,641&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,955,718&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;Net sales by reportable segment&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Americas</font></div></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,430&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49,278&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Europe</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30,397&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27,681&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Greater China</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,819&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23,905&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Japan</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,767&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,755&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Rest of Asia Pacific</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,162&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,535&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net sales</font></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">119,575&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">117,154&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;Net sales by category&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">iPhone</font></div></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69,702&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65,775&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mac</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,780&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,735&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">iPad</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,023&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,396&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wearables, Home and Accessories</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,953&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,482&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Services</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23,117&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,766&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net sales</font></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">119,575&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">117,154&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:40.5pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><div id="id9d7b63400cc4428a185fcc5dc6707e0_7"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Apple Inc.</font></div><div style="margin-top:9pt;text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions, except number of shares, which are reflected in thousands, and par value)</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.976%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.496%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 30,<br>2023</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30,<br>2023</font></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:100%">ASSETS&#58;</font></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current assets&#58;</font></div></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40,760&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29,965&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Marketable securities</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">32,340&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31,590&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts receivable, net</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23,194&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29,508&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vendor non-trade receivables</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26,908&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31,477&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inventories</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,511&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,331&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other current assets</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,979&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,695&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total current assets</font></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">143,692&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">143,566&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Non-current assets&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Marketable securities</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">99,475&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100,544&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Property, plant and equipment, net</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,666&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,715&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other non-current assets</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66,681&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">64,758&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total non-current assets</font></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">209,822&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">209,017&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:63pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total assets</font></div></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">353,514&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">352,583&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="12" style="background-color:#efefef;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:100%">LIABILITIES AND SHAREHOLDERS&#8217; EQUITY&#58;</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current liabilities&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts payable</font></div></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58,146&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62,611&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other current liabilities</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54,611&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58,829&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred revenue</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,264&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,061&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commercial paper</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,998&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,985&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term debt</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,954&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,822&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total current liabilities</font></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">133,973&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">145,308&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Non-current liabilities&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term debt</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95,088&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95,281&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other non-current liabilities</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,353&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49,848&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total non-current liabilities</font></div></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">145,441&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">145,129&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:63pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total liabilities</font></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">279,414&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">290,437&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commitments and contingencies</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shareholders&#8217; equity&#58;</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Common stock and additional paid-in capital, $0.00001 par value&#58; 50,400,000 shares authorized&#59; 15,460,223 and 15,550,061 shares issued and outstanding, respectively</font></div></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">75,236&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">73,812&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Retained earnings&#47;(Accumulated deficit)</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,242&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(214)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated other comprehensive loss</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,378)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11,452)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total shareholders&#8217; equity</font></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">74,100&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62,146&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:63pt;text-indent:-9pt"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total liabilities and shareholders&#8217; equity</font></div></td><td style="background-color:#efefef;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">353,514&#160;</font></td><td style="background-color:#efefef;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">352,583&#160;</font></td><td style="background-color:#efefef;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:40.5pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><div id="id9d7b63400cc4428a185fcc5dc6707e0_10"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Apple Inc.</font></div><div style="margin-top:9pt;text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions)</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.976%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.496%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 30,<br>2023</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,<br>2022</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash, beginning balances</font></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30,737&#160;</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24,977&#160;</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating activities&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33,916&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29,998&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjustments to reconcile net income to cash generated by operating activities&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,848&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,916&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,997&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,905&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(989)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(317)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Changes in operating assets and liabilities&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts receivable, net</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,555&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,275&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vendor non-trade receivables</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,569&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,320&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(137)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,807)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other current and non-current assets</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,457)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,099)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts payable</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,542)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6,075)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other current and non-current liabilities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,865)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,889&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash generated by operating activities</font></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39,895&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34,005&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investing activities&#58;</font></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Purchases of marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,780)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5,153)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from maturities of marketable securities</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,046&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,127&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from sales of marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,337&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">509&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payments for acquisition of property, plant and equipment</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,392)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,787)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(284)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(141)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash generated by&#47;(used in) investing activities</font></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,927&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,445)</font></td><td style="background-color:#efefef;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Financing activities&#58;</font></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payments for taxes related to net share settlement of equity awards</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,591)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,316)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payments for dividends and dividend equivalents</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,825)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,768)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Repurchases of common stock</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20,139)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(19,475)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Repayments of term debt</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,401)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Repayments of commercial paper, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,984)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,214)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(46)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="2" style="background-color:#efefef;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(389)</font></td><td style="background-color:#efefef;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash used in financing activities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30,585)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(35,563)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Increase&#47;(Decrease) in cash, cash equivalents and restricted cash</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,237&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,003)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash, ending balances</font></td><td style="background-color:#efefef;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41,974&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td style="background-color:#efefef;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#efefef;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,974&#160;</font></td><td style="background-color:#efefef;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#efefef;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Supplemental cash flow disclosure&#58;</font></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td><td colspan="3" style="background-color:#efefef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash paid for income taxes, net</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,255&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Helvetica',sans-serif;font-size:9pt;font-weight:400;line-height:100%">828&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:40.5pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>

Scraping Edgar at scale

Using get_filings() to retrieve filings

Large-scale data analysis requires collecting significant amounts of data from Edgar, a task that edgartools facilitates through the get_filings() method. This method allows for broad and targeted scraping activities, enabling researchers to gather extensive datasets for their empirical analyses.Here’s a basic example of how to use it to retrieve all 10-K filings for a specific year and quarter:

from edgar import get_filings
filings = get_filings(year=2024, quarter=1, form="10-K")
filings

╭──────────────────────────────────────────────────── Filings ────────────────────────────────────────────────────╮
│                                                                                                                 │
│        form   company                                       cik       filing_date   accession_number            │
│  ────────────────────────────────────────────────────────────────────────────────────────────────────────       │
│   0    10-K   1895 Bancorp of Wisconsin, Inc. /MD/          1847360   2024-03-29    0000950170-24-038577        │
│   1    10-K   374Water Inc.                                 933972    2024-03-29    0001654954-24-003957        │
│   2    10-K   AB Private Credit Investors Corp              1634452   2024-03-29    0001193125-24-081951        │
│   3    10-K   AEMETIS, INC                                  738214    2024-03-29    0001437749-24-010002        │
│   4    10-K   AEON Biopharma, Inc.                          1837607   2024-03-29    0001837607-24-000015        │
│   5    10-K   AMBARELLA INC                                 1280263   2024-03-29    0000950170-24-038555        │
│   6    10-K   AN2 Therapeutics, Inc.                        1880438   2024-03-29    0000950170-24-038681        │
│   7    10-K   ARYA Sciences Acquisition Corp IV             1838821   2024-03-29    0001140361-24-016377        │
│   8    10-K   ASPAC I Acquisition Corp.                     1868775   2024-03-29    0001213900-24-027387        │
│   9    10-K   ASPAC II Acquisition Corp.                    1876716   2024-03-29    0001213900-24-027570        │
│   10   10-K   ATHENA GOLD CORP                              1304409   2024-03-29    0001683168-24-001836        │
│   11   10-K   AUGUSTA GOLD CORP.                            1448597   2024-03-29    0001213900-24-027397        │
│   12   10-K   Accelerate Diagnostics, Inc                   727207    2024-03-29    0001628280-24-013670        │
│   13   10-K   Achari Ventures Holdings Corp. I              1844507   2024-03-29    0001213900-24-028085        │
│   14   10-K   Actinium Pharmaceuticals, Inc.                1388320   2024-03-29    0001213900-24-028038        │
│   15   10-K   Akari Therapeutics Plc                        1541157   2024-03-29    0000950170-24-038661        │
│   16   10-K   AltC Acquisition Corp.                        1849056   2024-03-29    0001410578-24-000365        │
│   17   10-K   Altegris Winton Futures Fund, L.P.            1198415   2024-03-29    0001683168-24-001869        │
│   18   10-K   Altisource Asset Management Corp              1555074   2024-03-29    0001555074-24-000013        │
│   19   10-K   Annovis Bio, Inc.                             1477845   2024-03-29    0001558370-24-004393        │
│   20   10-K   Atlantic Coastal Acquisition Corp. II         1893219   2024-03-29    0001193125-24-081194        │
│   21   10-K   Avalo Therapeutics, Inc.                      1534120   2024-03-29    0001628280-24-013786        │
│   22   10-K   BANK 2017-BNK5                                1706303   2024-03-29    0001888524-24-005208        │
│   23   10-K   BANK 2017-BNK8                                1718322   2024-03-29    0001888524-24-005184        │
│   24   10-K   BANK 2018-BNK11                               1731627   2024-03-29    0001888524-24-005222        │
│   25   10-K   BANK 2018-BNK14                               1749973   2024-03-29    0001888524-24-005182        │
│   26   10-K   BANK 2019-BNK17                               1769961   2024-03-29    0001888524-24-005225        │
│   27   10-K   BANK 2019-BNK20                               1784958   2024-03-29    0001888524-24-005194        │
│   28   10-K   BANK 2019-BNK23                               1792414   2024-03-29    0001888524-24-005198        │
│   29   10-K   BANK 2020-BNK26                               1803308   2024-03-29    0001888524-24-005318        │
│   30   10-K   BANK 2020-BNK29                               1830315   2024-03-29    0001888524-24-005228        │
│   31   10-K   BANK 2021-BNK32                               1848411   2024-03-29    0001888524-24-005233        │
│   32   10-K   BANK 2021-BNK35                               1872347   2024-03-29    0001888524-24-005323        │
│   33   10-K   BANK 2021-BNK38                               1895567   2024-03-29    0001888524-24-005330        │
│   34   10-K   BANK 2022-BNK41                               1920442   2024-03-29    0001888524-24-005328        │
│   35   10-K   BANK 2022-BNK44                               1950141   2024-03-29    0001888524-24-005332        │
│   36   10-K   BANK5 2023-5YR2                               1979748   2024-03-29    0001888524-24-005350        │
│   37   10-K   BENCHMARK 2018-B3 COMMERCIAL MORTGAGE TRUST   1734103   2024-03-29    0000950170-24-038358        │
│   38   10-K   BENCHMARK 2018-B6 MORTGAGE TRUST              1751874   2024-03-29    0000950170-24-038337        │
│   39   10-K   BENCHMARK 2019-B9 MORTGAGE TRUST              1764759   2024-03-29    0000950170-24-038247        │
│   40   10-K   BENCHMARK 2020-B19 MORTGAGE TRUST             1821946   2024-03-29    0000950170-24-038347        │
│   41   10-K   BENCHMARK 2021-B23 MORTGAGE TRUST             1840644   2024-03-29    0000950170-24-038315        │
│   42   10-K   BENCHMARK 2021-B27 MORTGAGE TRUST             1862080   2024-03-29    0000950170-24-038316        │
│   43   10-K   BENCHMARK 2021-B31 MORTGAGE TRUST             1894714   2024-03-29    0000950170-24-038327        │
│   44   10-K   BENCHMARK 2022-B35 MORTGAGE TRUST             1921064   2024-03-29    0001888524-24-005316        │
│   45   10-K   BMO 2022-C1 Mortgage Trust                    1903688   2024-03-29    0001888524-24-005311        │
│   46   10-K   BMO 2022-C2 Mortgage Trust                    1932997   2024-03-29    0001888524-24-005308        │
│   47   10-K   BMO 2022-C3 Mortgage Trust                    1942599   2024-03-29    0001888524-24-005312        │
│   48   10-K   BMO 2023-5C1 Mortgage Trust                   1984246   2024-03-29    0001888524-24-005300        │
│   49   10-K   BMO 2023-5C2 Mortgage Trust                   1994754   2024-03-29    0001888524-24-005302        │
│                                                                                                                 │
│ Showing 50 of 5,149 filings                                                                                     │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

Handling the SEC API rate limit

The SEC imposes rate limits on its APIs to prevent excessive use that could impact system performance. When scraping Edgar at scale, it’s crucial to be aware of these limits to avoid service interruptions. edgartools is quite good at respecting these limits, but I have found that it does happen that you might get denied access to the API for time to time. This is why it’s important to handle these exceptions gracefully in your code, and to properly log and monitor your scraping activities so that you can revisit any filings that were missed due to rate limiting or other errors.

If you want to make your scraping more robust, you can use tools like tenacity to automatically retry failed requests.

Exploring other form types

While 10-Ks and 10-Qs are among the most commonly analyzed filings, Edgar hosts a variety of form types, each offering unique insights into different aspects of finance research. edgartools provides a simple way to access and parse automatically a wide range of form types. At the time of writing, the library supports the following form types:

Form Data Object Description
10-K TenK Annual report
10-Q TenQ Quarterly report
8-K EightK Current report
MA-I MunicipalAdvisorForm Municipal advisor initial filing
Form 144 Form144 Notice of proposed sale of securities
C, C-U, C-AR, C-TR FormC Form C Crowdfunding Offering
D FormD Form D Offering
3,4,5 Ownership Ownership reports
13F-HR ThirteenF 13F Holdings Report
NPORT-P FundReport Fund Report
EFFECT Effect Notice of Effectiveness
And other filing with XBRL FilingXbrl

For example, another commonly analyzed form is the 13F-HR, which discloses institutional holdings of publicly traded companies. Here’s how you can retrieve the latest 13F-HR filing for a company:

filings = get_filings(form="13F-HR")
filings

╭──────────────────────────────────────────────────── Filings ────────────────────────────────────────────────────╮
│                                                                                                                 │
│        form     company                                    cik       filing_date   accession_number             │
│  ───────────────────────────────────────────────────────────────────────────────────────────────────────        │
│   0    13F-HR   AGINCOURT CAPITAL MANAGEMENT, LLC          1845254   2024-04-05    0001845254-24-000004         │
│   1    13F-HR   BUTENSKY & COHEN FINANCIAL SECURITY, INC   1632802   2024-04-05    0001214659-24-006203         │
│   2    13F-HR   CHICKASAW CAPITAL MANAGEMENT LLC           1276460   2024-04-05    0001276460-24-000003         │
│   3    13F-HR   CISCO SYSTEMS, INC.                        858877    2024-04-05    0000950123-24-003100         │
│   4    13F-HR   CWM, LLC                                   1535847   2024-04-05    0001580642-24-002001         │
│   5    13F-HR   Canaan Partners IX LLC                     1654586   2024-04-05    0000950123-24-003101         │
│   6    13F-HR   Canaan Partners XI LLC                     1850694   2024-04-05    0000950123-24-003102         │
│   7    13F-HR   Capital Market Strategies LLC              1810158   2024-04-05    0001810158-24-000002         │
│   8    13F-HR   Carolina Wealth Advisors, LLC              1786411   2024-04-05    0001437749-24-011215         │
│   9    13F-HR   Compass Wealth Management LLC              1965653   2024-04-05    0001965653-24-000003         │
│   10   13F-HR   Davis Capital Management                   1811806   2024-04-05    0001811806-24-000002         │
│   11   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044028         │
│   12   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044029         │
│   13   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044030         │
│   14   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044031         │
│   15   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044032         │
│   16   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044033         │
│   17   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044034         │
│   18   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044035         │
│   19   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044036         │
│   20   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044037         │
│   21   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044038         │
│   22   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044039         │
│   23   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044040         │
│   24   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044041         │
│   25   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044043         │
│   26   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044044         │
│   27   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044045         │
│   28   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044046         │
│   29   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044047         │
│   30   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044048         │
│   31   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044049         │
│   32   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044050         │
│   33   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044051         │
│   34   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044052         │
│   35   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044054         │
│   36   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044055         │
│   37   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044056         │
│   38   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044058         │
│   39   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044060         │
│   40   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044061         │
│   41   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044062         │
│   42   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044063         │
│   43   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044064         │
│   44   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044065         │
│   45   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044066         │
│   46   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044067         │
│   47   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044068         │
│   48   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044069         │
│   49   13F-HR   E. Ohman J:or Asset Management AB          2009396   2024-04-05    0001104659-24-044070         │
│                                                                                                                 │
│ Showing 50 of 251 filings                                                                                       │
╰─────────────────────────────────────────────────────────────────────────────────────────────────────────────────╯

Again, the process is the same. You get a list of filings, then retreive the actual filing content using the obj() method.

filing = filings[0]
report = filing.obj()
report

╭─────────────── 13F-HR Holding Report for AGINCOURT CAPITAL MANAGEMENT, LLC for period 2024-03-31 ───────────────╮
│                                                                                                                 │
│   Report Period   Investment Manager   Signed By     Holdings   Value          Accession Number    Filed        │
│  ─────────────────────────────────────────────────────────────────────────────────────────────────────────────  │
│   2024-03-31      AGINCOURT CAPITAL    Erika Banks   4          $106,224,110   0001845254-24-00…   2024-04-05   │
│                   MANAGEMENT, LLC                                                                               │
│                                                                                                                 │
│                                                                                                                 │
│       Issuer                 Class              Cusip       Ticker   Value         Type     Shares    Voting    │
│  ─────────────────────────────────────────────────────────────────────────────────────────────────────────────  │
│   0   VANGUARD INTL EQUITY   TT WRLD ST ETF     922042742   VT       $57,443,978   Shares   519,855   519,855   │
│       INDEX F                                                                                                   │
│   1   ISHARES TR             CORE INTL AGGR     46435G672   IAGG     $22,440,537   Shares   449,260   449,260   │
│   2   ISHARES TR             CORE US AGGBD ET   464287226   AGG      $15,556,300   Shares   158,835   158,835   │
│   3   ISHARES TR             CRE U S REIT ETF   464288521   USRT     $10,783,295   Shares   200,433   200,433   │
│                                                                                                                 │
╰─────────────── 13F-HR Holding Report for AGINCOURT CAPITAL MANAGEMENT, LLC for period 2024-03-31 ───────────────╯

In the case of the 13F-HR, the holdings are stored in an infotable attribute, which is a a pandas DataFrame:

report.has_infotable()
True
report.infotable
Issuer Class Cusip Value SharesPrnAmount Type PutCall InvestmentDiscretion SoleVoting SharedVoting NonVoting Ticker
0 ISHARES TR CORE US AGGBD ET 464287226 15556300 158835 Shares None SOLE 158835 0 0 AGG
1 ISHARES TR CRE U S REIT ETF 464288521 10783295 200433 Shares None SOLE 200433 0 0 USRT
2 ISHARES TR CORE INTL AGGR 46435G672 22440537 449260 Shares None SOLE 449260 0 0 IAGG
3 VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 57443978 519855 Shares None SOLE 519855 0 0 VT

Final thoughts

The edgartools library is a powerful tool to access and analyze financial data from the SEC’s EDGAR database. Even with the tremendous amount of work that went into creating this library, many bugs and edge cases remain, which highlights the complexity of working with financial data. However, the library is actively maintained and updated, with bug fixes, new features, and improvements being added regularly. Dwight Gunning, the creator and maintainer, is very reponsive to issues and pull requests. Of all the (many) libraries I’ve used, edgartools is by far the best choice for working with SEC Edgar data in Python in my opinion. Note that I have not tried any of the commercial alternatives, so I can’t compare them to edgartools.