Business Context and Reporting Period
Company: NetApp, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 18, 2010
Event: Regulation FD Disclosure regarding supplemental financial information posted to the company website.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity figures. It references the existence of outstanding securities:
- 1.75% Convertible Senior Notes due 2013
- Outstanding warrants
The filing provides a hypothetical analysis of the dilutive impact of these instruments based on a range of assumed stock prices, but does not disclose specific financial performance metrics for the period.
Material Changes
No material changes to financial results or operations are reported in this document. The filing serves solely to disclose the availability of supplemental information regarding potential share dilution.
Guidance, Outlook, and Risks
Management Commentary: The company posted supplemental information to investors.netapp.com detailing the estimated dilutive shares resulting from its Convertible Senior Notes and warrants under various stock price scenarios.
Legal Status: The information in Item 7.01 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings.
Investor Verification Checklist
- Verify the specific dilution calculations and assumed stock price ranges on the NetApp investor relations website (investors.netapp.com).
- Review the terms of the 1.75% Convertible Senior Notes due 2013 to understand conversion triggers.
- Confirm the current number of outstanding warrants and their exercise terms.
- Note that this 8-K does not contain audited financial statements or earnings results.