Get the free Form 10-k

This document serves as an annual report detailing the financial performance and business operations of Teradyne, Inc. for the fiscal year ended December 31, 2023.

How to fill out form 10-k

How to fill out form 10-k

1. Gather required financial statements including balance sheets, income statements, and cash flow statements.
2. Prepare management's discussion and analysis (MD&A) that discusses results of operations and financial condition.
3. Complete the business overview section that describes the company's main operations and segments.
4. Include risk factors that outline potential risks to the business.
5. Add details about executive compensation and governance practices.
6. Disclose legal proceedings or any material changes since the last filing.
7. Include controls and procedures sections concerning your financial reporting.
8. Review and certify the information within the form with proper signatures from the CEO and CFO.
9. File the form with the SEC electronically using EDGAR.

Who needs form 10-k?

1. Publicly traded companies in the United States are required to submit Form 10-K.
2. Investors looking for detailed financial information about a company.
3. Analysts and researchers conducting evaluations of a company's performance.
4. Regulatory agencies monitoring compliance with financial reporting requirements.

10-K Form: A Comprehensive Guide

What is a Form 10-K?

The Form 10-K is a comprehensive summary of a public company's financial performance, filed annually with the Securities and Exchange Commission (SEC). It provides a detailed account of a company's financial health, business operations, and risk factors, making it an essential resource for investors, analysts, and regulatory bodies alike.

This form is crucial because it offers a standardized format that promotes transparency and consistency among publicly traded firms, facilitating better-informed investment decisions. Unlike quarterly reports (Form 10-Q), the Form 10-K delves much deeper into a company's financials and includes additional information necessary for a full assessment.

• The Form 10-K includes annual audited financial statements.
• It outlines management's discussion and analysis (MD&A) of the company's performance.
• Unlike other filings, the 10-K includes detailed risk factors and internal control reports.

Structure of the Form 10-K

The Form 10-K is organized into several clearly defined parts, each serving a specific purpose. Understanding the structure can help users easily locate and interpret the necessary information.

Here’s a detailed breakdown of each part of the Form 10-K:

• Includes items 1-4 that cover business overview, risk factors, legal proceedings, and mine safety disclosures.
• Contains items 5-9, detailing financial statements, MD&A, market risks, and disclosure on accountants.
• Focuses on corporate governance, executive compensation, and related matters.
• Provides an index of financial statements and exhibits.

Each part includes specific required items, such as:

• Overview of business activities.
• Description of potential risks.
• Overview of owned or leased properties.

Filing deadlines and requirements

Publicly traded companies must adhere to specific filing deadlines for their Form 10-K submissions. Generally, large companies have 60 days after the end of their fiscal year to file, while smaller firms are given 90 days.

Timely submission of the 10-K is important for compliance with SEC regulations. Late filings can lead to penalties and may negatively impact a company’s reputation with investors.

• Large accelerated filers: 60 days after fiscal year-end.
• Accelerated filers: 75 days after fiscal year-end.
• Non-accelerated filers: 90 days after fiscal year-end.

How to prepare and file a form 10-K

Preparing a Form 10-K can be a complex process. Here’s a step-by-step guide to help streamline your preparation efforts.

Step 1: Gather Financial Data. Ensure you have all financial statements and necessary disclosures.

Step 2: Fill Out Each Section. Carefully review the required items and fill out the form comprehensively.

Step 3: Review and Edit. Check for accuracy and consistency throughout the document.

Step 4: File Electronically via EDGAR. Submit your completed form through the SEC’s EDGAR portal.

Some common mistakes to avoid include:

• Omitting critical disclosures, especially risk factors.
• Incorrectly formatted financial statements.
• Late submissions due to lack of organizational practices.

Utilizing tools like pdfFiller can greatly simplify document preparation. With features such as cloud-based storage, collaboration tools, and e-signing capabilities, pdfFiller empowers you to neatly prepare, file, and manage the form.

Accessing and searching for Form 10-Ks

Investors and analysts looking to research Form 10-K filings can easily access them via the SEC’s EDGAR database. This platform allows users to retrieve filings by company name, date, and other criteria, enhancing the information-gathering process.

To effectively search and retrieve Form 10-Ks:

• Visit the SEC EDGAR database.
• Use the search functions to filter by company name or specifics.
• Download filings in accessible formats, typically HTML or PDF.

Understanding the structure of the retrieved documents is vital. Typically, the documents are preformatted, making it user-friendly while preserving essential details for further analysis.

Importance of form 10-K for investors and analysts

The Form 10-K is a cornerstone in investment research. It equips investors and analysts with crucial insights into a company's financial health. By dissecting this document, stakeholders can assess the viability of potential investments.

Key metrics and indicators include revenue trends, cash flow statements, and the status of legal proceedings, which could directly impact stock performance.

• Identify financial stability through profit and loss summaries.
• Analyze risk factors to gauge potential challenges.
• Use management's discussion to understand strategic direction.

By leveraging the insights from the Form 10-K, investors can enhance their portfolio management strategies and make informed choices.

Related forms and compliance

In addition to the Form 10-K, companies often file other forms like the Form 10-Q, which covers quarterly financial performance, and Form 8-K, which reports significant events that might impact shareholders.

Compliance with SEC regulations is critical for maintaining transparency and protecting shareholder interests. Each form complements the other by providing a holistic view of a company's ongoing condition and changes in its financial status.

• Form 10-Q: Quarterly financial reports.
• Form 8-K: Current reports on unscheduled events.
• Form S-1: Registration of new securities.

Key highlights and noteworthy information

Recent trends in Form 10-K reporting have focused on enhancing disclosure around Environmental, Social, and Governance (ESG) concerns. Companies are increasingly incorporating sustainability practices and risk assessments related to social responsibilities within their reports.

Unique disclosures can also reveal much about a company's strategic positioning, such as innovative practices or shifts in consumer engagement strategies. Keeping an eye on these areas not only helps analysts make more informed decisions but also reflects an organization's long-term vision.

• Notable ESG trends focused on within the 10-K.
• Emerging technologies in disclosures.
• Market adaptability and consumer behavior insights.

FAQs about the 10-K form

When navigating the complexities of the Form 10-K, users often have questions. Common queries include the types of information necessary for accurate filings and how to interpret certain jargon present in the document.

Additional insight into common challenges while preparing and accessing the Form 10-K can help first-time filers and investors alike. For instance, understanding terms like 'liquidity,' 'capital expenditures,' and 'shareholder equity' can make the reading process smoother.

• What is the purpose of Form 10-K?
• How frequently must I file a Form 10-K?
• What resources are available for assistance with Form 10-K?

Future considerations and trends

The landscape of financial reporting is ever-evolving, with ongoing regulatory adjustments and expectations being refined. Companies must stay updated on developments that could impact the content and structure of the Form 10-K.

Emerging technologies play a pivotal role in streamlining document management, enhancing reporting accuracy, and fostering real-time collaboration. Anticipated changes, such as enhanced disclosures on cybersecurity risks and sustainability practices, suggest that organizations will need to adopt advanced document management solutions to cope with growing demands.

• Expectations for more robust cybersecurity disclosures.
• Increased emphasis on sustainability reporting.
• Adoption of technology solutions for document management.

For pdfFiller’s FAQs

Can I create an electronic signature for the form 10-k in Chrome?

Yes. With pdfFiller for Chrome, you can eSign documents and utilize the PDF editor all in one spot. Create a legally enforceable eSignature by sketching, typing, or uploading a handwritten signature image. You may eSign your form 10-k in seconds.

How can I edit form 10-k on a smartphone?

The pdfFiller mobile applications for iOS and Android are the easiest way to edit documents on the go. You may get them from the Apple Store and Google Play. More info about the applications here. Install and log in to edit form 10-k.

How do I fill out form 10-k on an Android device?

Complete your form 10-k and other papers on your Android device by using the pdfFiller mobile app. The program includes all of the necessary document management tools, such as editing content, eSigning, annotating, sharing files, and so on. You will be able to view your papers at any time as long as you have an internet connection.

What is form 10-k?

Form 10-K is an extensive annual report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive overview of a company's financial performance.

Who is required to file form 10-k?

Publicly traded companies in the United States, typically those with more than $10 million in assets and a class of equity security held by 500 or more people, are required to file Form 10-K.

How to fill out form 10-k?

To fill out Form 10-K, companies must gather their financial data, management discussion, corporate governance details, risk factors, and other required sections, and then complete the form in accordance with SEC guidelines before submitting it electronically through the EDGAR system.

What is the purpose of form 10-k?

The purpose of Form 10-K is to provide investors with a comprehensive and detailed account of the company's financial condition, results of operations, risks, and future prospects, ensuring transparency in the company's financial reporting.

What information must be reported on form 10-k?

Form 10-K must report information such as a summary of business operations, risk factors, selected financial data, management's discussion and analysis, financial statements, and disclosures about internal controls, executive compensation, and corporate governance.