LFUS FY 2011 Earnings Report — Littelfuse, Inc. Revenue & Financial Results | Market Cap Arena

Littelfuse, Inc.LFUS

FY 2011 Earnings

Reported February 24, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$665M	—	$608M	—	9.4%
Op. Income	$114M	—	$108M	—	5.9%
Gross Margin	38.6%	—	38.5%	—	0.1pp
Net Margin	13.1%	—	12.9%	—	0.1pp
EPS (Diluted)	$3.91	—	$3.54	—	10.5%
Free Cash Flow	$103M	—	$82M	—	26.4%

Revenue Flow

Item	Amount
REVENUE	$665M
Cost of Revenue	$408M
GROSS PROFIT	$257M
R&D Expenses	$19M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$117M
Other Expenses	$7M
Operating Expenses	$143M
Cost & Expenses	$551M
OPERATING INCOME	$114M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	$1M
INCOME BEFORE TAX	$115M
Income Tax Expense	$28M
Net Income from Continuing Ops	$87M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$87M
Net Income Deductions	-$603.0K
BOTTOM LINE NET INCOME	$87M
D&A	$32M
EBIT	$117M
EBITDA	$149M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$665M
Cost of Revenue	$408M
GROSS PROFIT	$257M
R&D Expenses	$19M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$117M
Other Expenses	$7M
Operating Expenses	$143M
Cost & Expenses	$551M
OPERATING INCOME	$114M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	$1M
INCOME BEFORE TAX	$115M
Income Tax Expense	$28M
Net Income from Continuing Ops	$87M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$87M
Net Income Deductions	-$603.0K
BOTTOM LINE NET INCOME	$87M
D&A	$32M
EBIT	$117M
EBITDA	$149M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$87M
Depreciation & Amortization	$32M
Stock-Based Compensation	$6M
Deferred Income Tax	-$1M
Other Non-Cash Items	$3M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$121M
Capital Expenditure	-$18M
Acquisitions (Net)	-$11M
Purchases of Investments	-$20M
Sales/Maturities of Investments	$0
Other Investing Activities	$217.0K
NET CASH FROM INVESTING	-$49M
Net Debt Issuance	$10M
Common Stock Repurchased	-$37M
Common Dividends Paid	-$15M
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$14M
FREE CASH FLOW	$103M
Net Change in Cash	$54M

Balance Sheet

Item	Amount
Cash & Equivalents	$164M
Short-Term Investments	$14M
Net Receivables	$92M
Inventory	$76M
Other Current Assets	$33M
TOTAL CURRENT ASSETS	$378M
PP&E (Net)	$119M
Goodwill	$116M
Intangible Assets	$45M
Long-Term Investments	$15M
Tax Assets	$4M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$300M
TOTAL ASSETS	$678M
Account Payables	$20M
Short-Term Debt	$85M
Deferred Revenue	$11M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$149M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$28M
TOTAL NON-CURRENT LIABILITIES	$28M
TOTAL LIABILITIES	$177M
Common Stock	$216.0K
Additional Paid-In Capital	$174M
Retained Earnings	$377M
Treasury Stock	-$59M
Accum. Other Comp. Income	$9M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$501M
Minority Interest	$143.0K
TOTAL EQUITY	$501M
TOTAL LIABILITIES & EQUITY	$678M
Total Debt	$85M
Net Debt	-$79M