LFUS FY 2014 Earnings Report — Littelfuse, Inc. Revenue & Financial Results | Market Cap Arena

Littelfuse, Inc.LFUS

FY 2014 Earnings

Reported February 24, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$852M	—	$758M	—	12.4%
Op. Income	$134M	—	$130M	—	3.0%
Gross Margin	38.1%	—	39.1%	—	-1.0pp
Net Margin	11.7%	—	11.7%	—	-0.0pp
EPS (Diluted)	$4.37	—	$3.94	—	10.9%
Free Cash Flow	$121M	—	$82M	—	46.6%

Revenue Flow

Item	Amount
REVENUE	$852M
Cost of Revenue	$528M
GROSS PROFIT	$324M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$147M
Other Expenses	$13M
Operating Expenses	$191M
Cost & Expenses	$718M
OPERATING INCOME	$134M
Interest Income	$0
Interest Expense	$5M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$132M
Income Tax Expense	$32M
Net Income from Continuing Ops	$99M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$42M
EBIT	$137M
EBITDA	$178M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$852M
Cost of Revenue	$528M
GROSS PROFIT	$324M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$147M
Other Expenses	$13M
Operating Expenses	$191M
Cost & Expenses	$718M
OPERATING INCOME	$134M
Interest Income	$0
Interest Expense	$5M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$132M
Income Tax Expense	$32M
Net Income from Continuing Ops	$99M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$42M
EBIT	$137M
EBITDA	$178M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$99M
Depreciation & Amortization	$42M
Stock-Based Compensation	$9M
Deferred Income Tax	-$4M
Other Non-Cash Items	$1M
Change in Working Capital	$6M
OPERATING CASH FLOW	$153M
Capital Expenditure	-$32M
Acquisitions (Net)	-$56M
Purchases of Investments	-$4M
Sales/Maturities of Investments	$7M
Other Investing Activities	-$18M
NET CASH FROM INVESTING	-$104M
Net Debt Issuance	-$25M
Common Stock Repurchased	-$14M
Common Dividends Paid	-$21M
Other Financing Activities	$3M
NET CASH FROM FINANCING	-$43M
FREE CASH FLOW	$121M
Net Change in Cash	-$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$298M
Short-Term Investments	$4M
Net Receivables	$135M
Inventory	$97M
Other Current Assets	$37M
TOTAL CURRENT ASSETS	$572M
PP&E (Net)	$159M
Goodwill	$196M
Intangible Assets	$104M
Long-Term Investments	$12M
Tax Assets	$5M
Other Non-Current Assets	$23M
TOTAL NON-CURRENT ASSETS	$499M
TOTAL ASSETS	$1.1B
Account Payables	$51M
Short-Term Debt	$89M
Deferred Revenue	$9M
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$204M
Long-Term Debt	$107M
Deferred Revenue NC	$5M
Deferred Tax Liabilities	$11M
Other Non-Current Liabilities	$21M
TOTAL NON-CURRENT LIABILITIES	$139M
TOTAL LIABILITIES	$343M
Common Stock	$226.0K
Additional Paid-In Capital	$244M
Retained Earnings	$523M
Treasury Stock	-$19M
Accum. Other Comp. Income	-$21M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$728M
Minority Interest	$143.0K
TOTAL EQUITY	$728M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$207M
Net Debt	-$91M