$KLIC
KULICKE & SOFFA INDUSTRIES INC

2011 Q3 Form 10-K Financial Statement

#000114420412063659 Filed on November 19, 2012

View on sec.gov

Income Statement

Concept 2011 Q3 2011 Q2 2011 Q1
Revenue $294.4M $206.7M $148.9M
YoY Change 33.03% 34.41% 15.97%
Cost Of Revenue $160.3M $107.8M $76.80M
YoY Change 31.29% 25.17% 6.67%
Gross Profit $134.1M $98.96M $72.10M
YoY Change 35.18% 45.95% 27.84%
Gross Profit Margin 45.55% 47.87% 48.42%
Selling, General & Admin $31.70M $38.78M $30.70M
YoY Change 2.26% 40.01% 35.84%
% of Gross Profit 23.64% 39.19% 42.58%
Research & Development $16.60M $16.52M $15.20M
YoY Change 12.93% 18.03% 15.15%
% of Gross Profit 12.38% 16.7% 21.08%
Depreciation & Amortization $4.500M $2.011M $4.400M
YoY Change 2.27% -54.3% -2.22%
% of Gross Profit 3.36% 2.03% 6.1%
Operating Expenses $50.80M $55.31M $48.20M
YoY Change 5.61% 25.7% 26.18%
Operating Profit $83.30M $43.65M $23.90M
YoY Change 63.01% 83.4% 31.32%
Interest Expense -$1.900M $2.021M -$1.900M
YoY Change -5.0% -201.05% -5.0%
% of Operating Profit -2.28% 4.63% -7.95%
Other Income/Expense, Net
YoY Change
Pretax Income $79.70M $41.78M $20.20M
YoY Change 66.04% 96.17% 26.25%
Income Tax $9.000M $1.899M $5.100M
% Of Pretax Income 11.29% 4.54% 25.25%
Net Earnings $70.70M $39.89M $15.10M
YoY Change 43.99% 88.14% -4.43%
Net Earnings / Revenue 24.01% 19.29% 10.14%
Basic Earnings Per Share $0.97 $0.55 $0.21
Diluted Earnings Per Share $0.95 $0.54 $0.21
COMMON SHARES
Basic Shares Outstanding 71.51M shares
Diluted Shares Outstanding 74.13M shares 73.12M shares 71.71M shares

Balance Sheet

Concept 2011 Q3 2011 Q2 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $335.5M $281.8M $203.6M
YoY Change 106.08% 53.07% 16.21%
Cash & Equivalents $329.3M $275.7M $197.6M
Short-Term Investments $6.300M $6.100M $6.100M
Other Short-Term Assets $22.00M $17.70M $18.60M
YoY Change 37.5% 17.22% 20.0%
Inventory $86.30M $82.90M $74.70M
Prepaid Expenses
Receivables $215.4M $163.6M $161.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $659.2M $546.1M $458.0M
YoY Change 65.13% 49.9% 41.01%
LONG-TERM ASSETS
Property, Plant & Equipment $29.80M $30.60M $30.80M
YoY Change 0.34% 0.66% -12.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.00M $11.90M $11.60M
YoY Change 29.03% 67.61% 56.76%
Total Long-Term Assets $113.0M $120.7M $105.8M
YoY Change 5.31% 11.66% -8.32%
TOTAL ASSETS
Total Short-Term Assets $659.2M $546.1M $458.0M
Total Long-Term Assets $113.0M $120.7M $105.8M
Total Assets $772.2M $666.8M $563.8M
YoY Change 52.46% 41.15% 28.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.00M $76.00M $41.60M
YoY Change 20.8% 29.69% -21.8%
Accrued Expenses $23.50M $23.70M $25.20M
YoY Change 0.43% -6.32% 68.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $103.5M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $265.2M $142.8M $86.30M
YoY Change 122.11% 2.07% -35.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $101.7M $100.1M
YoY Change -100.0% 6.72% 6.83%
Other Long-Term Liabilities $13.10M $13.10M $14.70M
YoY Change 40.86% 35.05% 51.55%
Total Long-Term Liabilities $13.10M $114.8M $114.8M
YoY Change -87.66% 9.33% 11.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $265.2M $142.8M $86.30M
Total Long-Term Liabilities $13.10M $114.8M $114.8M
Total Liabilities $306.9M $279.0M $221.9M
YoY Change 26.56% 6.65% -12.22%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $465.3M $387.8M $341.9M
YoY Change
Total Liabilities & Shareholders Equity $772.2M $666.8M $563.8M
YoY Change 52.46% 41.15% 28.08%

Cashflow Statement

Concept 2011 Q3 2011 Q2 2011 Q1
OPERATING ACTIVITIES
Net Income $70.70M $39.89M $15.10M
YoY Change 43.99% 88.14% -4.43%
Depreciation, Depletion And Amortization $4.500M $2.011M $4.400M
YoY Change 2.27% -54.3% -2.22%
Cash From Operating Activities $49.70M $76.00M $24.80M
YoY Change 83.39% 1210.34% -26.19%
INVESTING ACTIVITIES
Capital Expenditures -$1.200M -$1.900M -$2.700M
YoY Change -7.69% 90.0% 145.45%
Acquisitions
YoY Change
Other Investing Activities -$200.0K -$100.0K -$2.900M
YoY Change -102.5% 61.11%
Cash From Investing Activities -$1.500M -$2.000M -$5.600M
YoY Change 15.38% -166.67% 93.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.800M 3.900M 100.0K
YoY Change -110.15% 1850.0%
NET CHANGE
Cash From Operating Activities 49.70M 76.00M 24.80M
Cash From Investing Activities -1.500M -2.000M -5.600M
Cash From Financing Activities 4.800M 3.900M 100.0K
Net Change In Cash 53.00M 77.90M 19.30M
YoY Change -346.51% 765.56% -37.13%
FREE CASH FLOW
Cash From Operating Activities $49.70M $76.00M $24.80M
Capital Expenditures -$1.200M -$1.900M -$2.700M
Free Cash Flow $50.90M $77.90M $27.50M
YoY Change 79.23% 1045.59% -20.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.17
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.92
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
180371000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
269166000 USD
CY2011Q4 us-gaap Gross Profit
GrossProfit
82746000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
122984000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
22691000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
70332000 USD
CY2011Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18854000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3231000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
1912000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
67282000 USD
CY2010 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.01
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.77
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.73
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.13
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72688000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74116000 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73548000 shares
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74184000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73341000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75942000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75502000 shares
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
1834000 USD
CY2012Q3 us-gaap Restructuring Reserve
RestructuringReserve
1632000 USD
CY2011Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
6364000 USD
CY2012Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
0 USD
CY2011Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
5026000 USD
CY2012Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
4830000 USD
CY2011Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
0 USD
CY2012Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3219000 USD
CY2011Q4 us-gaap Payables To Customers
PayablesToCustomers
11388000 USD
CY2012Q3 us-gaap Payables To Customers
PayablesToCustomers
22984000 USD
CY2011Q4 klic Accrued Liabilities For Commission And Professional Fees Current
AccruedLiabilitiesForCommissionAndProfessionalFeesCurrent
3293000 USD
CY2012Q3 klic Accrued Liabilities For Commission And Professional Fees Current
AccruedLiabilitiesForCommissionAndProfessionalFeesCurrent
2776000 USD
CY2011Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
3083000 USD
CY2012Q3 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
2840000 USD
CY2011Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
109450000 USD
CY2012Q3 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
0 USD
CY2012Q3 klic Inventory Purchase Obligation Future Minimum Payments Due In Two Years
InventoryPurchaseObligationFutureMinimumPaymentsDueInTwoYears
0 USD
CY2012Q3 klic Inventory Purchase Obligation Future Minimum Payments Due In Three Years
InventoryPurchaseObligationFutureMinimumPaymentsDueInThreeYears
0 USD
CY2012Q3 klic Inventory Purchase Obligation Future Minimum Payments Due
InventoryPurchaseObligationFutureMinimumPaymentsDue
69977000 USD
CY2012Q3 klic Inventory Purchase Obligation Future Minimum Payments Due In Four Years
InventoryPurchaseObligationFutureMinimumPaymentsDueInFourYears
0 USD
CY2012Q3 klic Inventory Purchase Obligation Future Minimum Payments Due Thereafter
InventoryPurchaseObligationFutureMinimumPaymentsDueThereafter
0 USD
CY2011Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
14595000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
9849000 USD
CY2010 klic Selling General And Administrative Incentive Compensation Expense
SellingGeneralAndAdministrativeIncentiveCompensationExpense
17449000 USD
CY2011 klic Selling General And Administrative Incentive Compensation Expense
SellingGeneralAndAdministrativeIncentiveCompensationExpense
24264000 USD
CY2012 klic Selling General And Administrative Incentive Compensation Expense
SellingGeneralAndAdministrativeIncentiveCompensationExpense
21988000 USD
CY2012Q3 klic Inventory Purchase Obligation Future Minimum Payments Due Current
InventoryPurchaseObligationFutureMinimumPaymentsDueCurrent
69977000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
23960000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
8532000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4157000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3362000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2927000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4982000 USD

Files In Submission

Name View Source Status
0001144204-12-063659-index-headers.html Edgar Link pending
0001144204-12-063659-index.html Edgar Link pending
0001144204-12-063659.txt Edgar Link pending
0001144204-12-063659-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
klic-20120929.xml Edgar Link completed
klic-20120929.xsd Edgar Link pending
klic-20120929_cal.xml Edgar Link unprocessable
klic-20120929_def.xml Edgar Link unprocessable
klic-20120929_lab.xml Edgar Link unprocessable
klic-20120929_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v323558_10k.htm Edgar Link pending
v323558_ex21.htm Edgar Link pending
v323558_ex23.htm Edgar Link pending
v323558_ex31-1.htm Edgar Link pending
v323558_ex31-2.htm Edgar Link pending
v323558_ex32-1.htm Edgar Link pending
v323558_ex32-2.htm Edgar Link pending