SLAB FY 2015 Earnings Report — Silicon Laboratories Inc. Revenue & Financial Results | Market Cap Arena

Silicon Laboratories Inc.SLAB

FY 2015 Earnings

Reported February 5, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$645M	—	$621M	—	3.9%
Op. Income	$32M	—	$51M	—	-37.3%
Gross Margin	59.1%	—	61.0%	—	-1.9pp
Net Margin	4.6%	—	6.1%	—	-1.5pp
EPS (Diluted)	$0.69	—	$0.87	—	-20.7%
Free Cash Flow	$94M	—	$126M	—	-25.4%

Revenue Flow

Item	Amount
REVENUE	$645M
Cost of Revenue	$264M
GROSS PROFIT	$381M
R&D Expenses	$188M
Selling & Marketing	$2M
General & Administrative	$159M
SG&A Expenses	$160M
Other Expenses	$127.0K
Operating Expenses	$349M
Cost & Expenses	$613M
OPERATING INCOME	$32M
Interest Income	$730.0K
Interest Expense	$3M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$30M
Income Tax Expense	$677.0K
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$42M
EBIT	$33M
EBITDA	$78M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$645M
Cost of Revenue	$264M
GROSS PROFIT	$381M
R&D Expenses	$188M
Selling & Marketing	$2M
General & Administrative	$159M
SG&A Expenses	$160M
Other Expenses	$127.0K
Operating Expenses	$349M
Cost & Expenses	$613M
OPERATING INCOME	$32M
Interest Income	$730.0K
Interest Expense	$3M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$30M
Income Tax Expense	$677.0K
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$42M
EBIT	$33M
EBITDA	$78M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$30M
Depreciation & Amortization	$42M
Stock-Based Compensation	$43M
Deferred Income Tax	-$2M
Other Non-Cash Items	-$2M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$105M
Capital Expenditure	-$11M
Acquisitions (Net)	-$96M
Purchases of Investments	-$107M
Sales/Maturities of Investments	$172M
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$49M
Net Debt Issuance	-$13M
Common Stock Repurchased	-$71M
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$84M
FREE CASH FLOW	$94M
Net Change in Cash	-$28M

Balance Sheet

Item	Amount
Cash & Equivalents	$114M
Short-Term Investments	$129M
Net Receivables	$74M
Inventory	$54M
Other Current Assets	$16M
TOTAL CURRENT ASSETS	$423M
PP&E (Net)	$131M
Goodwill	$273M
Intangible Assets	$121M
Long-Term Investments	$7M
Tax Assets	$0
Other Non-Current Assets	$56M
TOTAL NON-CURRENT ASSETS	$588M
TOTAL ASSETS	$1.0B
Account Payables	$42M
Short-Term Debt	$10M
Deferred Revenue	$35M
Other Current Liabilities	$25M
TOTAL CURRENT LIABILITIES	$142M
Long-Term Debt	$68M
Deferred Revenue NC	-$14M
Deferred Tax Liabilities	$14M
Other Non-Current Liabilities	$27M
TOTAL NON-CURRENT LIABILITIES	$108M
TOTAL LIABILITIES	$250M
Common Stock	$4.0K
Additional Paid-In Capital	$14M
Retained Earnings	$748M
Treasury Stock	$0
Accum. Other Comp. Income	-$507.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$761M
Minority Interest	$0
TOTAL EQUITY	$761M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$78M
Net Debt	-$37M