GURUFOCUS.COM » STOCK LIST » Technology » Hardware » QLogic Corp (NAS:QLGC) » Definitions » Retained Earnings

QLogic (QLogic) Retained Earnings : $1,787.4 Mil (As of Jun. 2016)


View and export this data going back to 1994. Start your Free Trial

What is QLogic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. QLogic's retained earnings for the quarter that ended in Jun. 2016 was $1,787.4 Mil.

QLogic's quarterly retained earnings increased from Dec. 2015 ($1,750.9 Mil) to Mar. 2016 ($1,769.1 Mil) and increased from Mar. 2016 ($1,769.1 Mil) to Jun. 2016 ($1,787.4 Mil).

QLogic's annual retained earnings increased from Mar. 2014 ($1,672.1 Mil) to Mar. 2015 ($1,722.7 Mil) and increased from Mar. 2015 ($1,722.7 Mil) to Mar. 2016 ($1,769.1 Mil).


QLogic Retained Earnings Historical Data

The historical data trend for QLogic's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QLogic Retained Earnings Chart

QLogic Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,617.20 1,690.34 1,672.07 1,722.66 1,769.13

QLogic Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,725.22 1,727.46 1,750.89 1,769.13 1,787.41

QLogic Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


QLogic  (NAS:QLGC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


QLogic (QLogic) Business Description

Traded in Other Exchanges
N/A
Address
QLogic provides high-performance server and storage networking connectivity products to original-equipment manufacturers of server and storage systems. Its products are used in enterprise, managed service provider, and cloud-service provider data centers. They facilitate the transfer of data and enable resource sharing between servers, networks, and storage. Roughly half of the firm's revenue is generated in Asia-Pacific and Japan, with the rest coming from the United States, Europe, the Middle East, and Africa.
Executives
Christine King director, officer: Executive Chairman AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Anthony Carrozza officer: Senior VP - WW Sales
William M Zeitler director QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
John T Dickson director QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Balakrishnan S Iyer director 5221 CALIFORNIA AVE., IRVINE CA 92617
Jean X. Hu officer: Acting CEO, Senior VP and CFO 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Kathryn B Lewis director 15353 BARRANCA PARKWAY, IRVINE CA 92618
Hk Desai director, officer: Executive Chairman 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Robert Crawford officer: Senior VP - WW Sales 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Perry Mulligan officer: Senior VP - WW Operations EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Simon Biddiscombe director, officer: President and CEO C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
James R Fiebiger director C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Scott Genereux officer: Senior VP - WW Sales 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Larry R Carter director 170 W. TASMAN DRIVE, SAN JOSE CA 95134
Jeff Benck officer: President and COO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281

QLogic (QLogic) Headlines

From GuruFocus

QLogic: Likely Undervalued

By Barel Karsan Barel Karsan 12-05-2012

Weekly Guru Bargains Highlights: QLGC, CMG, CY, TEO, ALU

By GuruFocus GuruFocus 10-01-2012

5 Things I Look For in a Stock

By Geoff Gannon Geoff Gannon 03-14-2013

QLogic Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 08-02-2010

QLogic Corp. (QLGC) Executive Chairman Hk Desai sells 221,875 Shares

By GuruFocus Research GuruFocus Editor 11-29-2010

This Technology Company Is A Buy For Long-Term Gains

By shash63 shash63 06-08-2015

QLogic Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 10-29-2009

QLogic Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 02-02-2011

QLogic Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 10-29-2010

QLogic Corp. (QLGC) Executive Chairman Hk Desai sells 800,000 Shares

By GuruFocus Research GuruFocus Editor 11-26-2010