SLAB FY 2018 Earnings Report — Silicon Laboratories Inc. Revenue & Financial Results | Market Cap Arena

Silicon Laboratories Inc.SLAB

FY 2018 Earnings

Reported January 30, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$868M	—	$769M	—	12.9%
Op. Income	$85M	—	$85M	—	0.3%
Gross Margin	60.1%	—	59.1%	—	1.0pp
Net Margin	9.6%	—	6.1%	—	3.5pp
EPS (Diluted)	$1.90	—	$1.09	—	74.3%
Free Cash Flow	$149M	—	$177M	—	-15.9%

Revenue Flow

Item	Amount
REVENUE	$868M
Cost of Revenue	$347M
GROSS PROFIT	$521M
R&D Expenses	$238M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$198M
Other Expenses	$0
Operating Expenses	$436M
Cost & Expenses	$783M
OPERATING INCOME	$85M
Interest Income	$7M
Interest Expense	$20M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$72M
Income Tax Expense	-$11M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$54M
EBIT	$92M
EBITDA	$145M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$868M
Cost of Revenue	$347M
GROSS PROFIT	$521M
R&D Expenses	$238M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$198M
Other Expenses	$0
Operating Expenses	$436M
Cost & Expenses	$783M
OPERATING INCOME	$85M
Interest Income	$7M
Interest Expense	$20M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$72M
Income Tax Expense	-$11M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$54M
EBIT	$92M
EBITDA	$145M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$84M
Depreciation & Amortization	$60M
Stock-Based Compensation	$50M
Deferred Income Tax	-$8M
Other Non-Cash Items	$13M
Change in Working Capital	-$25M
OPERATING CASH FLOW	$174M
Capital Expenditure	-$24M
Acquisitions (Net)	-$240M
Purchases of Investments	-$396M
Sales/Maturities of Investments	$474M
Other Investing Activities	-$11M
NET CASH FROM INVESTING	-$197M
Net Debt Issuance	$0
Common Stock Repurchased	-$39M
Common Dividends Paid	$0
Other Financing Activities	-$23M
NET CASH FROM FINANCING	-$49M
FREE CASH FLOW	$149M
Net Change in Cash	-$72M

Balance Sheet

Item	Amount
Cash & Equivalents	$197M
Short-Term Investments	$417M
Net Receivables	$73M
Inventory	$75M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$827M
PP&E (Net)	$139M
Goodwill	$397M
Intangible Assets	$171M
Long-Term Investments	$14M
Tax Assets	-$14M
Other Non-Current Assets	$90M
TOTAL NON-CURRENT ASSETS	$798M
TOTAL ASSETS	$1.6B
Account Payables	$41M
Short-Term Debt	$0
Deferred Revenue	$22M
Other Current Liabilities	$69M
TOTAL CURRENT LIABILITIES	$145M
Long-Term Debt	$355M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$57M
TOTAL NON-CURRENT LIABILITIES	$412M
TOTAL LIABILITIES	$557M
Common Stock	$4.0K
Additional Paid-In Capital	$108M
Retained Earnings	$961M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$355M
Net Debt	$158M