VSH FY 2012 Earnings Report — Vishay Intertechnology, Inc. Revenue & Financial Results | Market Cap Arena

Vishay Intertechnology, Inc.VSH

FY 2012 Earnings

Reported February 20, 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	$2.2B	—	$2.6B	—	-14.0%
Op. Income	$189M	—	$347M	—	-45.4%
Gross Margin	23.6%	—	27.8%	—	-4.1pp
Net Margin	5.5%	—	9.2%	—	-3.7pp
EPS (Diluted)	$0.79	—	$1.42	—	-44.4%
Free Cash Flow	$137M	—	$207M	—	-33.8%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.7B
GROSS PROFIT	$527M
R&D Expenses	$57M
Selling & Marketing	$0
General & Administrative	$350M
SG&A Expenses	$350M
Other Expenses	$3M
Operating Expenses	$350M
Cost & Expenses	$2.1B
OPERATING INCOME	$189M
Interest Income	$8M
Interest Expense	$23M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$170M
Income Tax Expense	$47M
Net Income from Continuing Ops	$124M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$123M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$123M
D&A	$169M
EBIT	$193M
EBITDA	$361M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.7B
GROSS PROFIT	$527M
R&D Expenses	$57M
Selling & Marketing	$0
General & Administrative	$350M
SG&A Expenses	$350M
Other Expenses	$3M
Operating Expenses	$350M
Cost & Expenses	$2.1B
OPERATING INCOME	$189M
Interest Income	$8M
Interest Expense	$23M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$170M
Income Tax Expense	$47M
Net Income from Continuing Ops	$124M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$123M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$123M
D&A	$169M
EBIT	$193M
EBITDA	$361M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$123M
Depreciation & Amortization	$169M
Stock-Based Compensation	$0
Deferred Income Tax	-$7M
Other Non-Cash Items	$8M
Change in Working Capital	-$5M
OPERATING CASH FLOW	$287M
Capital Expenditure	-$150M
Acquisitions (Net)	-$75M
Purchases of Investments	-$381M
Sales/Maturities of Investments	$339M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$269M
Net Debt Issuance	$79M
Common Stock Repurchased	-$150M
Common Dividends Paid	$0
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$72M
FREE CASH FLOW	$137M
Net Change in Cash	-$51M

Balance Sheet

Item	Amount
Cash & Equivalents	$698M
Short-Term Investments	$295M
Net Receivables	$247M
Inventory	$408M
Other Current Assets	$24M
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$915M
Goodwill	$35M
Intangible Assets	$134M
Long-Term Investments	-$129M
Tax Assets	$129M
Other Non-Current Assets	$142M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$3.0B
Account Payables	$148M
Short-Term Debt	$6.0K
Deferred Revenue	$0
Other Current Liabilities	$149M
TOTAL CURRENT LIABILITIES	$412M
Long-Term Debt	$393M
Deferred Revenue NC	$345M
Deferred Tax Liabilities	$129M
Other Non-Current Liabilities	$583M
TOTAL NON-CURRENT LIABILITIES	$976M
TOTAL LIABILITIES	$1.4B
Common Stock	$14M
Additional Paid-In Capital	$2.0B
Retained Earnings	-$381M
Treasury Stock	$0
Accum. Other Comp. Income	-$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$5M
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$3.0B
Total Debt	$393M
Net Debt	-$305M