|
Unaudited Forward-Looking Statements Regarding Business Outlook
| ||||||
|
| ||||||
|
Business Outlook |
|
Three Months Ending September 30, 2017 | ||||
|
|
|
GAAP Measure |
|
Non-GAAP Adjustments |
|
Non-GAAP Measure |
|
Gross margin |
|
58.5% |
|
0.0% |
|
58.5% |
|
|
|
|
|
|
|
|
|
Operating expenses |
|
$92.5 - $93 |
|
$18 |
|
$74.5 - $75 |
|
|
|
|
|
|
|
|
|
Effective tax rate |
|
11.0% |
|
0.0% |
|
11.0% |
|
|
|
|
|
|
|
|
|
Diluted earnings per share - low |
|
$0.35 |
|
$0.43 |
|
$0.78 |
|
|
|
|
|
|
|
|
|
Diluted earnings per share - high |
|
$0.41 |
|
$0.43 |
|
$0.84 |
|
Silicon Laboratories Inc.
| |||
|
| |||
|
|
July 1,
|
|
December 31,
|
|
Assets |
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
$ 210,615 |
|
$ 141,106 |
|
Short-term investments |
451,114 |
|
153,961 |
|
Accounts receivable, net |
75,488 |
|
74,401 |
|
Inventories |
67,427 |
|
59,578 |
|
Prepaid expenses and other current assets |
46,862 |
|
61,805 |
|
Total current assets |
851,506 |
|
490,851 |
|
Long-term investments |
5,379 |
|
5,196 |
|
Property and equipment, net |
130,909 |
|
129,559 |
|
Goodwill |
288,629 |
|
276,130 |
|
Other intangible assets, net |
96,819 |
|
103,565 |
|
Other assets, net |
61,085 |
|
76,543 |
|
Total assets |
$1,434,327 |
|
$1,081,844 |
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
Current liabilities: |
|
|
|
|
Accounts payable |
$ 39,989 |
|
$ 39,577 |
|
Accrued expenses |
50,797 |
|
50,100 |
|
Deferred income on shipments to distributors |
48,914 |
|
45,568 |
|
Income taxes |
3,543 |
|
4,450 |
|
Total current liabilities |
143,243 |
|
139,695 |
|
Long-term debt |
-- |
|
72,500 |
|
Convertible debt |
335,639 |
|
-- |
|
Other non-current liabilities |
43,240 |
|
42,691 |
|
Total liabilities |
522,122 |
|
254,886 |
|
Commitments and contingencies |
|
|
|
|
Stockholders' equity: |
|
|
|
|
Preferred stock – $0.0001 par value; 10,000 shares authorized; no shares issued |
-- |
|
-- |
|
Common stock – $0.0001 par value; 250,000 shares authorized; 42,539 and 41,889 shares issued and outstanding at July 1, 2017 and December 31, 2016, respectively |
4 |
|
4 |
|
Additional paid-in capital |
76,409 |
|
24,463 |
|
Retained earnings |
836,210 |
|
801,999 |
|
Accumulated other comprehensive income (loss) |
(418) |
|
492 |
|
Total stockholders' equity |
912,205 |
|
826,958 |
|
Total liabilities and stockholders' equity |
$1,434,327 |
|
$1,081,844 |
