Silicon Labs Announces Fourth Quarter 2017 Results

 

Unaudited Forward-Looking Statements Regarding Business Outlook

(In millions, except per share data)


Business Outlook


Three Months Ending

March 31, 2018



GAAP

Measure


Non-GAAP

Adjustments


Non-GAAP

Measure

Gross margin


59.0%


0.25%


59.25%








Operating expenses


$98


$18


$80








Effective tax rate


(15.0)%


27.5%


12.5%








Diluted earnings per share - low


$0.42


$0.31


$0.73








Diluted earnings per share - high


$0.48


$0.31


$0.79

 

Silicon Laboratories Inc.

Condensed Consolidated Balance Sheets

(In thousands, except per share data)

(Unaudited)



December 30,

 2017


December 31,
2016

Assets




Current assets:




   Cash and cash equivalents

$   269,366


$   141,106

   Short-term investments

494,657


153,961

   Accounts receivable, net

71,367


74,401

   Inventories

73,132


59,578

   Prepaid expenses and other current assets

39,120


61,805

Total current assets

947,642


490,851

Property and equipment, net

127,682


129,559

Goodwill

288,227


276,130

Other intangible assets, net

83,144


103,565

Other assets, net

88,387


81,739

Total assets

$1,535,082


$1,081,844





Liabilities and Stockholders' Equity




Current liabilities:




   Accounts payable

$     38,851


$     39,577

   Deferred income on shipments to distributors

50,115


45,568

   Other current liabilities

73,359


54,550

Total current liabilities

162,325


139,695

Long-term debt

--


72,500

Convertible debt

341,879


--

Other non-current liabilities

77,862


42,691

Total liabilities

582,066


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;  

      42,707 and 41,889 shares issued and outstanding at

      December 30, 2017 and December 31, 2016, respectively

4


4

   Additional paid-in capital

102,862


24,463

   Retained earnings

851,307


801,999

   Accumulated other comprehensive income (loss)

(1,157)


492

Total stockholders' equity

953,016


826,958

Total liabilities and stockholders' equity

$1,535,082


$1,081,844


« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Editorial
Latest Blog Posts
Sanjay GangalMCADCafe Editorial
by Sanjay Gangal
MCADCafe Industry Predictions for 2025 – ProShop
Sanjay GangalMCADCafe Editorial
by Sanjay Gangal
MCADCafe Industry Predictions for 2025 – ModuleWorks
Jobs
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Upcoming Events
Collaborate North America 2025 at Novi MI - Jan 28, 2025
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025



© 2025 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise