2009 Q3 Form 10-Q Financial Statement
#000082705409000214 Filed on November 06, 2009
Income Statement
| Concept | 2009 Q3 | 2009 Q1 | 2008 Q3 |
|---|---|---|---|
| Revenue | $226.7M | $173.3M | $269.7M |
| YoY Change | -15.94% | -33.45% | 4.29% |
| Cost Of Revenue | $103.3M | $89.30M | $105.6M |
| YoY Change | -2.11% | -12.28% | 1.59% |
| Gross Profit | $123.3M | $84.00M | $164.2M |
| YoY Change | -24.91% | -47.04% | 6.14% |
| Gross Profit Margin | 54.39% | 48.47% | 60.88% |
| Selling, General & Admin | $41.05M | $33.20M | $45.63M |
| YoY Change | -10.04% | -26.87% | 6.11% |
| % of Gross Profit | 33.29% | 39.52% | 27.79% |
| Research & Development | $29.57M | $25.30M | $31.34M |
| YoY Change | -5.66% | -19.68% | 6.97% |
| % of Gross Profit | 23.98% | 30.12% | 19.09% |
| Depreciation & Amortization | $22.60M | $23.80M | $24.40M |
| YoY Change | -7.38% | 1.28% | -5.79% |
| % of Gross Profit | 18.33% | 28.33% | 14.86% |
| Operating Expenses | $70.61M | $58.60M | $76.97M |
| YoY Change | -8.26% | -23.8% | 6.46% |
| Operating Profit | $52.69M | $25.40M | $87.23M |
| YoY Change | -39.6% | -68.91% | 5.86% |
| Interest Expense | -$3.600M | $6.870M | |
| YoY Change | -152.4% | -52.29% | |
| % of Operating Profit | -6.83% | 7.88% | |
| Other Income/Expense, Net | $2.100M | $8.600M | $1.700M |
| YoY Change | 23.53% | 514.29% | 1600.0% |
| Pretax Income | $51.30M | $27.60M | $92.13M |
| YoY Change | -44.32% | -68.92% | 31.43% |
| Income Tax | $6.800M | $5.600M | $16.41M |
| % Of Pretax Income | 13.26% | 20.29% | 17.82% |
| Net Earnings | $44.50M | $22.00M | $75.72M |
| YoY Change | -41.23% | -71.32% | 24.74% |
| Net Earnings / Revenue | 19.63% | 12.69% | 28.08% |
| Basic Earnings Per Share | $0.41 | ||
| Diluted Earnings Per Share | $238.1K | $119.4K | $0.40 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2009 Q3 | 2009 Q1 | 2008 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.364B | $1.390B | $1.108B |
| YoY Change | 23.1% | 4.91% | 33.01% |
| Cash & Equivalents | $541.0M | $446.3M | $312.0M |
| Short-Term Investments | $823.0M | $944.0M | $797.0M |
| Other Short-Term Assets | $148.0M | $132.0M | $131.0M |
| YoY Change | 12.98% | 1.54% | -17.61% |
| Inventory | $108.0M | $132.0M | $127.0M |
| Prepaid Expenses | |||
| Receivables | $106.0M | $88.00M | $121.0M |
| Other Receivables | $1.000M | $1.000M | $0.00 |
| Total Short-Term Assets | $1.727B | $1.749B | $1.487B |
| YoY Change | 16.14% | 1.8% | 19.63% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $498.0M | $532.0M | $543.0M |
| YoY Change | -8.29% | 1.92% | 1.31% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $109.0M | $51.00M | $411.0M |
| YoY Change | -73.48% | -73.71% | -1.2% |
| Other Assets | $19.00M | $18.53M | $33.00M |
| YoY Change | -42.42% | -45.51% | 175.0% |
| Total Long-Term Assets | $691.0M | $656.9M | $1.030B |
| YoY Change | -32.91% | -17.27% | 2.39% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.727B | $1.749B | $1.487B |
| Total Long-Term Assets | $691.0M | $656.9M | $1.030B |
| Total Assets | $2.418B | $2.406B | $2.517B |
| YoY Change | -3.93% | -4.23% | 11.92% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $34.00M | $29.00M | $61.00M |
| YoY Change | -44.26% | -25.64% | 52.5% |
| Accrued Expenses | $50.00M | $42.00M | $57.00M |
| YoY Change | -12.28% | -25.0% | 7.55% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $170.0M | $155.6M | $221.0M |
| YoY Change | -23.08% | -18.51% | 18.82% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $337.0M | $334.0M | $1.150B |
| YoY Change | -70.7% | -70.96% | |
| Other Long-Term Liabilities | $80.00M | $74.00M | $124.0M |
| YoY Change | -35.48% | -34.51% | 15.89% |
| Total Long-Term Liabilities | $417.0M | $408.0M | $1.274B |
| YoY Change | -67.27% | -67.7% | 1090.65% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $170.0M | $155.6M | $221.0M |
| Total Long-Term Liabilities | $417.0M | $408.0M | $1.274B |
| Total Liabilities | $960.0M | $915.0M | $1.528B |
| YoY Change | -37.17% | -38.01% | 397.72% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $1.299B | ||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.458B | $1.490B | $989.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $2.418B | $2.406B | $2.517B |
| YoY Change | -3.93% | -4.23% | 11.92% |
Cashflow Statement
| Concept | 2009 Q3 | 2009 Q1 | 2008 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $44.50M | $22.00M | $75.72M |
| YoY Change | -41.23% | -71.32% | 24.74% |
| Depreciation, Depletion And Amortization | $22.60M | $23.80M | $24.40M |
| YoY Change | -7.38% | 1.28% | -5.79% |
| Cash From Operating Activities | $128.0M | $44.10M | $144.4M |
| YoY Change | -11.36% | -49.43% | 37.0% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$5.900M | -$10.60M | -$46.30M |
| YoY Change | -87.26% | -48.79% | 295.73% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$105.1M | $80.00M | -$323.9M |
| YoY Change | -67.55% | -141.05% | -406.14% |
| Cash From Investing Activities | -$111.0M | $69.50M | -$370.2M |
| YoY Change | -70.02% | -132.22% | -493.83% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -53.00M | -58.40M | -148.1M |
| YoY Change | -64.21% | -72.8% | -23.34% |
| NET CHANGE | |||
| Cash From Operating Activities | 128.0M | 44.10M | 144.4M |
| Cash From Investing Activities | -111.0M | 69.50M | -370.2M |
| Cash From Financing Activities | -53.00M | -58.40M | -148.1M |
| Net Change In Cash | -36.00M | 55.20M | -373.9M |
| YoY Change | -90.37% | -116.08% | -6130.65% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $128.0M | $44.10M | $144.4M |
| Capital Expenditures | -$5.900M | -$10.60M | -$46.30M |
| Free Cash Flow | $133.9M | $54.70M | $190.7M |
| YoY Change | -29.79% | -49.3% | 62.85% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
155645000 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.80 | ||
| CY2009Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
103321000 | |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
199835000 | ||
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
62895000 | ||
| mchp |
Change In Other Assets And Liabilities
ChangeInOtherAssetsAndLiabilities
|
16799000 | ||
| CY2009Q1 | us-gaap |
Assets Current
AssetsCurrent
|
1748844000 | |
| CY2008Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.41 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.82 | ||
| CY2009Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
41046000 | |
| CY2008Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
45629000 | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
77429000 | ||
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
91042000 | ||
| CY2009Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1273876000 | |
| CY2009Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
18526000 | |
| CY2008Q3 | us-gaap |
Interest Expense
InterestExpense
|
6870000 | |
| us-gaap |
Interest Expense
InterestExpense
|
14512000 | ||
| CY2009Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1299317000 | |
| CY2009Q1 | us-gaap |
Convertible Subordinated Debt Noncurrent
ConvertibleSubordinatedDebtNoncurrent
|
334184000 | |
| CY2008Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
75720000 | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
151267000 | ||
| CY2008Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
92134000 | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
184068000 | ||
| CY2009Q1 | us-gaap |
Assets
Assets
|
2411766000 | |
| CY2009Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2411766000 | |
| CY2008Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16414000 | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
32801000 | ||
| CY2009Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
365734000 | |
| CY2008Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
| CY2008Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
105553000 | |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
210128000 | ||
| CY2009Q1 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
75681000 | |
| CY2009Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1482318000 | |
| CY2009Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
29568000 | |
| CY2008Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
31343000 | |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
57204000 |
