SLAB FY 2017 Earnings Report — Silicon Laboratories Inc. Revenue & Financial Results | Market Cap Arena

Silicon Laboratories Inc.SLAB

FY 2017 Earnings

Reported January 31, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$769M	—	$698M	—	10.2%
Op. Income	$85M	—	$66M	—	28.2%
Gross Margin	59.1%	—	60.4%	—	-1.3pp
Net Margin	6.1%	—	8.8%	—	-2.7pp
EPS (Diluted)	$1.09	—	$1.45	—	-24.8%
Free Cash Flow	$177M	—	$118M	—	50.2%

Revenue Flow

Item	Amount
REVENUE	$769M
Cost of Revenue	$315M
GROSS PROFIT	$454M
R&D Expenses	$209M
Selling & Marketing	$1M
General & Administrative	$158M
SG&A Expenses	$160M
Other Expenses	$0
Operating Expenses	$369M
Cost & Expenses	$684M
OPERATING INCOME	$85M
Interest Income	$6M
Interest Expense	$14M
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$77M
Income Tax Expense	$30M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$47M
D&A	$42M
EBIT	$93M
EBITDA	$135M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$769M
Cost of Revenue	$315M
GROSS PROFIT	$454M
R&D Expenses	$209M
Selling & Marketing	$1M
General & Administrative	$158M
SG&A Expenses	$160M
Other Expenses	$0
Operating Expenses	$369M
Cost & Expenses	$684M
OPERATING INCOME	$85M
Interest Income	$6M
Interest Expense	$14M
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$77M
Income Tax Expense	$30M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$47M
D&A	$42M
EBIT	$93M
EBITDA	$135M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$47M
Depreciation & Amortization	$42M
Stock-Based Compensation	$45M
Deferred Income Tax	-$26M
Other Non-Cash Items	$10M
Change in Working Capital	$72M
OPERATING CASH FLOW	$190M
Capital Expenditure	-$12M
Acquisitions (Net)	-$15M
Purchases of Investments	-$636M
Sales/Maturities of Investments	$294M
Other Investing Activities	-$5M
NET CASH FROM INVESTING	-$374M
Net Debt Issuance	$328M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$26M
NET CASH FROM FINANCING	$313M
FREE CASH FLOW	$177M
Net Change in Cash	$128M

Balance Sheet

Item	Amount
Cash & Equivalents	$269M
Short-Term Investments	$495M
Net Receivables	$71M
Inventory	$73M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$948M
PP&E (Net)	$128M
Goodwill	$288M
Intangible Assets	$83M
Long-Term Investments	$12M
Tax Assets	-$12M
Other Non-Current Assets	$88M
TOTAL NON-CURRENT ASSETS	$587M
TOTAL ASSETS	$1.5B
Account Payables	$39M
Short-Term Debt	$0
Deferred Revenue	$50M
Other Current Liabilities	$40M
TOTAL CURRENT LIABILITIES	$162M
Long-Term Debt	$342M
Deferred Revenue NC	-$10M
Deferred Tax Liabilities	$10M
Other Non-Current Liabilities	$68M
TOTAL NON-CURRENT LIABILITIES	$420M
TOTAL LIABILITIES	$582M
Common Stock	$4.0K
Additional Paid-In Capital	$103M
Retained Earnings	$851M
Treasury Stock	$0
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$953M
Minority Interest	$0
TOTAL EQUITY	$953M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$342M
Net Debt	$73M