DIOD FY 2007 Earnings Report — Diodes Incorporated Revenue & Financial Results | Market Cap Arena

Diodes IncorporatedDIOD

FY 2007 Earnings

Reported February 29, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$401M	—	$343M	—	16.9%
Op. Income	$60M	—	$57M	—	5.1%
Gross Margin	32.5%	—	33.2%	—	-0.7pp
Net Margin	14.9%	—	14.0%	—	0.8pp
EPS (Diluted)	$1.41	—	$0.77	—	83.1%
Free Cash Flow	$35M	—	$26M	—	31.2%

Revenue Flow

Item	Amount
REVENUE	$401M
Cost of Revenue	$271M
GROSS PROFIT	$130M
R&D Expenses	$14M
Selling & Marketing	$0
General & Administrative	$55M
SG&A Expenses	$55M
Other Expenses	$0
Operating Expenses	$69M
Cost & Expenses	$340M
OPERATING INCOME	$60M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$11M
INCOME BEFORE TAX	$71M
Income Tax Expense	$9M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$28M
EBIT	$61M
EBITDA	$90M
EPS	$2
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$401M
Cost of Revenue	$271M
GROSS PROFIT	$130M
R&D Expenses	$14M
Selling & Marketing	$0
General & Administrative	$55M
SG&A Expenses	$55M
Other Expenses	$0
Operating Expenses	$69M
Cost & Expenses	$340M
OPERATING INCOME	$60M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$11M
INCOME BEFORE TAX	$71M
Income Tax Expense	$9M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$28M
EBIT	$61M
EBITDA	$90M
EPS	$2
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$60M
Depreciation & Amortization	$28M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	$10M
Change in Working Capital	-$11M
OPERATING CASH FLOW	$91M
Capital Expenditure	-$56M
Acquisitions (Net)	$0
Purchases of Investments	-$32M
Sales/Maturities of Investments	$0
Other Investing Activities	$202.0K
NET CASH FROM INVESTING	-$88M
Net Debt Issuance	-$3M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$5M
FREE CASH FLOW	$35M
Net Change in Cash	$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$56M
Short-Term Investments	$323M
Net Receivables	$90M
Inventory	$53M
Other Current Assets	$5M
TOTAL CURRENT ASSETS	$538M
PP&E (Net)	$123M
Goodwill	$25M
Intangible Assets	$10M
Long-Term Investments	$0
Tax Assets	$3M
Other Non-Current Assets	$7M
TOTAL NON-CURRENT ASSETS	$168M
TOTAL ASSETS	$706M
Account Payables	$55M
Short-Term Debt	$1M
Deferred Revenue	$28M
Other Current Liabilities	$17M
TOTAL CURRENT LIABILITIES	$86M
Long-Term Debt	$236M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$6M
TOTAL NON-CURRENT LIABILITIES	$243M
TOTAL LIABILITIES	$330M
Common Stock	$27M
Additional Paid-In Capital	$121M
Retained Earnings	$221M
Treasury Stock	$0
Accum. Other Comp. Income	$900.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$370M
Minority Interest	$7M
TOTAL EQUITY	$377M
TOTAL LIABILITIES & EQUITY	$706M
Total Debt	$239M
Net Debt	$182M