Silicon Labs Announces Fourth Quarter 2017 Results

 

Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures

(In thousands, except per share data)


Non-GAAP Income
Statement Items


Three Months Ended

December 30, 2017



GAAP

Measure


GAAP

Percent of
Revenue


Stock

Compensation
Expense


Intangible
Asset
Amortization


Acquisition
Related
Items


Non-GAAP

Measure


Non-GAAP

Percent of
Revenue

Revenues


$201,018




























Gross margin


119,264


59.3%


$     287


$      --


$  --


$119,551


59.5%
















Research and

   development


52,735


26.2%


5,611


4,943


--


42,181


21.0%
















Selling, general and

   administrative


40,139


20.0%


5,847


1,647


(110)


32,755


16.3%
















Operating income


26,390


13.1%


11,745


6,590


(110)


44,615


22.2%































Non-GAAP
Earnings Per Share


Three Months Ended

December 30, 2017



GAAP

Measure


Stock

Compensation
Expense*


Intangible
Asset
Amortization*


Acquisition
Related
Items*


Non-cash
Interest
Expense*

Income Tax
Adjustments


Non-GAAP

Measure

Net income (loss)


$ (4,852)


$11,745


$6,590


$(110)


$2,748

$24,631


$40,752

















GAAP

Measure


Dilutive Securities Excluded From GAAP Measure Due to Net Loss


Non-GAAP

Measure

Diluted shares

   outstanding


42,656


1,088


43,744















Diluted earnings

   (loss) per share


$   (0.11)











$    0.93
















* Represents pre-tax amounts


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