SLAB FY 2012 Earnings Report — Silicon Laboratories Inc. Revenue & Financial Results | Market Cap Arena

Silicon Laboratories Inc.SLAB

FY 2012 Earnings

Reported February 1, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$563M	—	$492M	—	14.6%
Op. Income	$86M	—	$50M	—	71.1%
Gross Margin	60.0%	—	60.7%	—	-0.7pp
Net Margin	11.3%	—	7.2%	—	4.1pp
EPS (Diluted)	$1.47	—	$0.79	—	86.1%
Free Cash Flow	-$5M	—	$80M	—	-106.2%

Revenue Flow

Item	Amount
REVENUE	$563M
Cost of Revenue	$225M
GROSS PROFIT	$338M
R&D Expenses	$138M
Selling & Marketing	$2M
General & Administrative	$113M
SG&A Expenses	$114M
Other Expenses	$484.0K
Operating Expenses	$252M
Cost & Expenses	$478M
OPERATING INCOME	$86M
Interest Income	$1M
Interest Expense	$1M
Other Income/Expenses	$673.0K
INCOME BEFORE TAX	$86M
Income Tax Expense	$23M
Net Income from Continuing Ops	$64M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$64M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$28M
EBIT	$87M
EBITDA	$115M
EPS	$2
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$563M
Cost of Revenue	$225M
GROSS PROFIT	$338M
R&D Expenses	$138M
Selling & Marketing	$2M
General & Administrative	$113M
SG&A Expenses	$114M
Other Expenses	$484.0K
Operating Expenses	$252M
Cost & Expenses	$478M
OPERATING INCOME	$86M
Interest Income	$1M
Interest Expense	$1M
Other Income/Expenses	$673.0K
INCOME BEFORE TAX	$86M
Income Tax Expense	$23M
Net Income from Continuing Ops	$64M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$64M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$28M
EBIT	$87M
EBITDA	$115M
EPS	$2
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$64M
Depreciation & Amortization	$28M
Stock-Based Compensation	$31M
Deferred Income Tax	$5M
Other Non-Cash Items	-$7M
Change in Working Capital	-$23M
OPERATING CASH FLOW	$97M
Capital Expenditure	-$102M
Acquisitions (Net)	-$72M
Purchases of Investments	-$192M
Sales/Maturities of Investments	$236M
Other Investing Activities	-$9M
NET CASH FROM INVESTING	-$139M
Net Debt Issuance	$98M
Common Stock Repurchased	-$62M
Common Dividends Paid	$0
Other Financing Activities	$1M
NET CASH FROM FINANCING	$53M
FREE CASH FLOW	-$5M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$105M
Short-Term Investments	$177M
Net Receivables	$78M
Inventory	$50M
Other Current Assets	$37M
TOTAL CURRENT ASSETS	$468M
PP&E (Net)	$135M
Goodwill	$130M
Intangible Assets	$91M
Long-Term Investments	$11M
Tax Assets	$0
Other Non-Current Assets	$37M
TOTAL NON-CURRENT ASSETS	$404M
TOTAL ASSETS	$872M
Account Payables	$30M
Short-Term Debt	$5M
Deferred Revenue	$30M
Other Current Liabilities	$22M
TOTAL CURRENT LIABILITIES	$106M
Long-Term Debt	$95M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$21M
TOTAL NON-CURRENT LIABILITIES	$116M
TOTAL LIABILITIES	$222M
Common Stock	$4.0K
Additional Paid-In Capital	$10M
Retained Earnings	$641M
Treasury Stock	$0
Accum. Other Comp. Income	-$946.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$650M
Minority Interest	$0
TOTAL EQUITY	$650M
TOTAL LIABILITIES & EQUITY	$872M
Total Debt	$100M
Net Debt	-$5M