SLAB FY 2007 Earnings Report — Silicon Laboratories Inc. Revenue & Financial Results | Market Cap Arena

Silicon Laboratories Inc.SLAB

FY 2007 Earnings

Reported February 7, 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	$337M	—	$465M	—	-27.4%
Op. Income	$23M	—	$29M	—	-20.7%
Gross Margin	61.4%	—	55.2%	—	6.2pp
Net Margin	60.7%	—	6.7%	—	54.0pp
EPS (Diluted)	$3.64	—	$0.54	—	574.1%
Free Cash Flow	$49M	—	$54M	—	-7.7%

Revenue Flow

Item	Amount
REVENUE	$337M
Cost of Revenue	$130M
GROSS PROFIT	$207M
R&D Expenses	$89M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$95M
Other Expenses	$0
Operating Expenses	$184M
Cost & Expenses	$314M
OPERATING INCOME	$23M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$23M
INCOME BEFORE TAX	$47M
Income Tax Expense	$7M
Net Income from Continuing Ops	$40M
Net Income from Discontinued Ops	$165M
Other Adjustments	$0
NET INCOME	$205M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$205M
D&A	$16M
EBIT	$23M
EBITDA	$39M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$337M
Cost of Revenue	$130M
GROSS PROFIT	$207M
R&D Expenses	$89M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$95M
Other Expenses	$0
Operating Expenses	$184M
Cost & Expenses	$314M
OPERATING INCOME	$23M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$23M
INCOME BEFORE TAX	$47M
Income Tax Expense	$7M
Net Income from Continuing Ops	$40M
Net Income from Discontinued Ops	$165M
Other Adjustments	$0
NET INCOME	$205M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$205M
D&A	$16M
EBIT	$23M
EBITDA	$39M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$205M
Depreciation & Amortization	$16M
Stock-Based Compensation	$40M
Deferred Income Tax	-$153.0K
Other Non-Cash Items	-$153M
Change in Working Capital	-$53M
OPERATING CASH FLOW	$55M
Capital Expenditure	-$5M
Acquisitions (Net)	-$9M
Purchases of Investments	-$556M
Sales/Maturities of Investments	$565M
Other Investing Activities	$260M
NET CASH FROM INVESTING	$255M
Net Debt Issuance	$0
Common Stock Repurchased	-$164M
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$114M
FREE CASH FLOW	$49M
Net Change in Cash	$196M

Balance Sheet

Item	Amount
Cash & Equivalents	$264M
Short-Term Investments	$309M
Net Receivables	$51M
Inventory	$29M
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$693M
PP&E (Net)	$28M
Goodwill	$73M
Intangible Assets	$18M
Long-Term Investments	-$6M
Tax Assets	$6M
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$148M
TOTAL ASSETS	$840M
Account Payables	$33M
Short-Term Debt	$0
Deferred Revenue	$28M
Other Current Liabilities	$5M
TOTAL CURRENT LIABILITIES	$93M
Long-Term Debt	$43M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$43M
TOTAL LIABILITIES	$137M
Common Stock	$5.0K
Additional Paid-In Capital	$304M
Retained Earnings	$400M
Treasury Stock	$0
Accum. Other Comp. Income	-$54M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$704M
Minority Interest	$0
TOTAL EQUITY	$704M
TOTAL LIABILITIES & EQUITY	$840M
Total Debt	$43M
Net Debt	-$221M