LFUS FY 2010 Earnings Report — Littelfuse, Inc. Revenue & Financial Results | Market Cap Arena

Littelfuse, Inc.LFUS

FY 2010 Earnings

Reported February 25, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$608M	—	$430M	—	41.4%
Op. Income	$108M	—	$14M	—	685.5%
Gross Margin	38.5%	—	29.1%	—	9.3pp
Net Margin	12.9%	—	2.2%	—	10.7pp
EPS (Diluted)	$3.54	—	$0.43	—	723.3%
Free Cash Flow	$82M	—	$14M	—	479.4%

Revenue Flow

Item	Amount
REVENUE	$608M
Cost of Revenue	$374M
GROSS PROFIT	$234M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$104M
Other Expenses	$5M
Operating Expenses	$126M
Cost & Expenses	$500M
OPERATING INCOME	$108M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	$105.0K
INCOME BEFORE TAX	$108M
Income Tax Expense	$29M
Net Income from Continuing Ops	$79M
Net Income from Discontinued Ops	$0
Other Adjustments	-$414.0K
NET INCOME	$79M
Net Income Deductions	-$822.0K
BOTTOM LINE NET INCOME	$78M
D&A	$32M
EBIT	$109M
EBITDA	$141M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$608M
Cost of Revenue	$374M
GROSS PROFIT	$234M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$104M
Other Expenses	$5M
Operating Expenses	$126M
Cost & Expenses	$500M
OPERATING INCOME	$108M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	$105.0K
INCOME BEFORE TAX	$108M
Income Tax Expense	$29M
Net Income from Continuing Ops	$79M
Net Income from Discontinued Ops	$0
Other Adjustments	-$414.0K
NET INCOME	$79M
Net Income Deductions	-$822.0K
BOTTOM LINE NET INCOME	$78M
D&A	$32M
EBIT	$109M
EBITDA	$141M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$79M
Depreciation & Amortization	$32M
Stock-Based Compensation	$5M
Deferred Income Tax	$8M
Other Non-Cash Items	$1M
Change in Working Capital	-$21M
OPERATING CASH FLOW	$104M
Capital Expenditure	-$22M
Acquisitions (Net)	-$48M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$66M
Net Debt Issuance	$11M
Common Stock Repurchased	-$25M
Common Dividends Paid	-$3M
Other Financing Activities	$2M
NET CASH FROM FINANCING	$2M
FREE CASH FLOW	$82M
Net Change in Cash	$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$110M
Short-Term Investments	$0
Net Receivables	$98M
Inventory	$80M
Other Current Assets	$17M
TOTAL CURRENT ASSETS	$319M
PP&E (Net)	$130M
Goodwill	$113M
Intangible Assets	$42M
Long-Term Investments	$12M
Tax Assets	$3M
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$302M
TOTAL ASSETS	$621M
Account Payables	$24M
Short-Term Debt	$33M
Deferred Revenue	$15M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$110M
Long-Term Debt	$41M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$59M
TOTAL LIABILITIES	$168M
Common Stock	$218.0K
Additional Paid-In Capital	$151M
Retained Earnings	$304M
Treasury Stock	-$24M
Accum. Other Comp. Income	$21M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$453M
Minority Interest	$143.0K
TOTAL EQUITY	$453M
TOTAL LIABILITIES & EQUITY	$621M
Total Debt	$74M
Net Debt	-$36M