LFUS FY 2013 Earnings Report — Littelfuse, Inc. Revenue & Financial Results | Market Cap Arena

Littelfuse, Inc.LFUS

FY 2013 Earnings

Reported February 25, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$758M	—	$668M	—	13.5%
Op. Income	$130M	—	$107M	—	21.5%
Gross Margin	39.1%	—	38.7%	—	0.4pp
Net Margin	11.7%	—	11.3%	—	0.4pp
EPS (Diluted)	$3.94	—	$3.41	—	15.5%
Free Cash Flow	$82M	—	$94M	—	-12.0%

Revenue Flow

Item	Amount
REVENUE	$758M
Cost of Revenue	$462M
GROSS PROFIT	$296M
R&D Expenses	$24M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$133M
Other Expenses	$9M
Operating Expenses	$166M
Cost & Expenses	$628M
OPERATING INCOME	$130M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$124M
Income Tax Expense	$35M
Net Income from Continuing Ops	$89M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$89M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$89M
D&A	$34M
EBIT	$127M
EBITDA	$162M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$758M
Cost of Revenue	$462M
GROSS PROFIT	$296M
R&D Expenses	$24M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$133M
Other Expenses	$9M
Operating Expenses	$166M
Cost & Expenses	$628M
OPERATING INCOME	$130M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$124M
Income Tax Expense	$35M
Net Income from Continuing Ops	$89M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$89M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$89M
D&A	$34M
EBIT	$127M
EBITDA	$162M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$89M
Depreciation & Amortization	$34M
Stock-Based Compensation	$9M
Deferred Income Tax	$7M
Other Non-Cash Items	$9M
Change in Working Capital	-$30M
OPERATING CASH FLOW	$117M
Capital Expenditure	-$35M
Acquisitions (Net)	-$144M
Purchases of Investments	-$8M
Sales/Maturities of Investments	$2M
Other Investing Activities	$176.0K
NET CASH FROM INVESTING	-$186M
Net Debt Issuance	$135M
Common Stock Repurchased	$0
Common Dividends Paid	-$19M
Other Financing Activities	$4M
NET CASH FROM FINANCING	$142M
FREE CASH FLOW	$82M
Net Change in Cash	$70M

Balance Sheet

Item	Amount
Cash & Equivalents	$305M
Short-Term Investments	$7M
Net Receivables	$128M
Inventory	$93M
Other Current Assets	$33M
TOTAL CURRENT ASSETS	$565M
PP&E (Net)	$150M
Goodwill	$186M
Intangible Assets	$98M
Long-Term Investments	$12M
Tax Assets	$5M
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$454M
TOTAL ASSETS	$1.0B
Account Payables	$34M
Short-Term Debt	$126M
Deferred Revenue	$6M
Other Current Liabilities	$229.0K
TOTAL CURRENT LIABILITIES	$209M
Long-Term Debt	$94M
Deferred Revenue NC	$9M
Deferred Tax Liabilities	$7M
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$124M
TOTAL LIABILITIES	$332M
Common Stock	$225.0K
Additional Paid-In Capital	$223M
Retained Earnings	$445M
Treasury Stock	-$2M
Accum. Other Comp. Income	$20M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$687M
Minority Interest	$143.0K
TOTAL EQUITY	$687M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$220M
Net Debt	-$85M