$QRVO
Qorvo Inc Stock $qrvo

$qrvo Overview Financials Valuation SEC Filings Company Website

2016 Q3 Form 10-Q Financial Statement

#000160477816000193 Filed on August 05, 2016

Income Statement

Concept	2016 Q3	2015 Q2
Revenue	$698.5M	$673.6M
YoY Change
Cost Of Revenue	$422.1M	$394.1M
YoY Change		126.44%
Gross Profit	$276.5M	$279.5M
YoY Change		96.47%
Gross Profit Margin	39.58%	41.49%
Selling, General & Admin	$143.6M	$145.7M
YoY Change		283.95%
% of Gross Profit	51.94%	52.14%
Research & Development	$117.1M	$117.2M
YoY Change		162.89%
% of Gross Profit	42.37%	41.93%
Depreciation & Amortization	$46.35M	$42.74M
YoY Change		260.99%
% of Gross Profit	16.77%	15.29%
Operating Expenses	$270.7M	$280.9M
YoY Change		192.1%
Operating Profit	$5.741M	-$1.335M
YoY Change		-102.89%
Interest Expense	$15.19M	$548.0K
YoY Change		15.61%
% of Operating Profit	264.54%
Other Income/Expense, Net	-$500.0K	$4.119M
YoY Change		972.66%
Pretax Income	-$9.668M	$2.628M
YoY Change		-94.3%
Income Tax	-$3.993M	$600.0K
% Of Pretax Income		22.83%
Net Earnings	-$5.675M	$2.036M
YoY Change		-94.73%
Net Earnings / Revenue	-0.81%	0.3%
Basic Earnings Per Share	-$0.04	$0.01
Diluted Earnings Per Share	-$0.04	$0.01
COMMON SHARES
Basic Shares Outstanding	127.5M shares	149.3M shares
Diluted Shares Outstanding	127.5M shares	154.5M shares

Balance Sheet

Concept	2016 Q3	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$446.9M	$558.4M
YoY Change		184.03%
Cash & Equivalents	$433.0M	$325.6M
Short-Term Investments	$13.90M	$232.8M
Other Short-Term Assets	$43.86M	$24.93M
YoY Change		33.3%
Inventory	$455.8M	$363.9M
Prepaid Expenses	$68.33M	$53.01M
Receivables	$400.7M	$408.1M
Other Receivables	$69.90M	$24.90M
Total Short-Term Assets	$1.485B	$1.580B
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$1.161B	$940.1M
YoY Change		379.63%
Goodwill	$2.175B	$2.137B
YoY Change
Intangibles
YoY Change
Long-Term Investments	$26.00M	$4.400M
YoY Change		15.79%
Other Assets	$65.04M	$64.63M
YoY Change		167.07%
Total Long-Term Assets	$5.203B	$5.330B
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$1.485B	$1.580B
Total Long-Term Assets	$5.203B	$5.330B
Total Assets	$6.688B	$6.910B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$263.5M	$206.1M
YoY Change		83.17%
Accrued Expenses	$142.5M	$128.6M
YoY Change		109.42%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$420.3M	$335.5M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$988.4M	$0.00
YoY Change
Other Long-Term Liabilities	$82.06M	$86.49M
YoY Change		245.96%
Total Long-Term Liabilities	$82.06M	$86.49M
YoY Change		245.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$420.3M	$335.5M
Total Long-Term Liabilities	$82.06M	$86.49M
Total Liabilities	$1.654B	$731.7M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings	-$445.5M	-$408.9M
YoY Change
Common Stock	$5.483B	$6.588B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.034B	$6.178B
YoY Change
Total Liabilities & Shareholders Equity	$6.688B	$6.910B
YoY Change

Cashflow Statement

Concept	2016 Q3	2015 Q2
OPERATING ACTIVITIES
Net Income	-$5.675M	$2.036M
YoY Change		-94.73%
Depreciation, Depletion And Amortization	$46.35M	$42.74M
YoY Change		260.99%
Cash From Operating Activities	$59.39M	$141.4M
YoY Change		290.04%
INVESTING ACTIVITIES
Capital Expenditures	$130.4M	$89.40M
YoY Change		814.9%
Acquisitions	$117.5M	$0.00
YoY Change
Other Investing Activities	-$17.00K	$14.30M
YoY Change		-172.96%
Cash From Investing Activities	-$75.00M	-$75.14M
YoY Change		155.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00	$50.01M
YoY Change
Debt Paid & Issued, Net	$0.00	$0.00
YoY Change		-100.0%
Cash From Financing Activities	$23.15M	-$40.47M
YoY Change		-50.17%
NET CHANGE
Cash From Operating Activities	$59.39M	$141.4M
Cash From Investing Activities	-$75.00M	-$75.14M
Cash From Financing Activities	$23.15M	-$40.47M
Net Change In Cash	$7.542M	$25.82M
YoY Change		-134.72%
FREE CASH FLOW
Cash From Operating Activities	$59.39M	$141.4M
Capital Expenditures	$130.4M	$89.40M
Free Cash Flow	-$71.05M	$52.04M
YoY Change		96.44%

Facts In Submission

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CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	-5675000	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	280852000	USD
CY2016Q3	us-gaap	Operating Expenses OperatingExpenses	270734000	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1335000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	5741000	USD
CY2016Q2	us-gaap	Other Assets Current OtherAssetsCurrent	41384000	USD
CY2016Q3	us-gaap	Other Assets Current OtherAssetsCurrent	43863000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	66459000	USD
CY2016Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	65038000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	122000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-1111000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-959000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1008000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	1928000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-35000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-31000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	812000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	72000	USD
CY2016Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	30548000	USD
CY2016Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	14346000	USD
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	83056000	USD
CY2016Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	82062000	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4119000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-500000	USD
CY2015Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-17914000	USD
CY2016Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-10002000	USD
CY2016Q2	us-gaap	Other Receivables OtherReceivables	47380000	USD
CY2016Q3	us-gaap	Other Receivables OtherReceivables	69871000	USD
CY2015Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	50009000	USD
CY2016Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2015Q2	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1335000	USD
CY2016Q3	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2000	USD
CY2015Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	7504000	USD
CY2016Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2810000	USD
CY2015Q2	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	86145000	USD
CY2016Q3	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	0	USD
CY2015Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2016Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	117498000	USD
CY2015Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	89395000	USD
CY2016Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	130440000	USD
CY2016Q2	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0.0001
CY2016Q3	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0.0001
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	63850000	USD
CY2016Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	68329000	USD
CY2015Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	109645000	USD
CY2015Q2	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	18386000	USD
CY2016Q3	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	25962000	USD
CY2015Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3000	USD
CY2016Q3	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
CY2015Q2	us-gaap	Proceeds From Repayments Of Restricted Cash Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities	-8000	USD
CY2016Q3	us-gaap	Proceeds From Repayments Of Restricted Cash Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities	4000	USD
CY2015Q2	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	100263000	USD
CY2016Q3	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	172920000	USD
CY2015Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	140000	USD
CY2016Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	17000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1046888000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1160953000	USD
CY2015Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	117210000	USD
CY2016Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	117137000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-439808000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-445483000	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	673641000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	698537000	USD
CY2016Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	109036000	USD
CY2015Q2	us-gaap	Share Based Compensation ShareBasedCompensation	48170000	USD
CY2016Q3	us-gaap	Share Based Compensation ShareBasedCompensation	30594000	USD
CY2016Q2	us-gaap	Short Term Investments ShortTermInvestments	186808000	USD
CY2016Q3	us-gaap	Short Term Investments ShortTermInvestments	13873000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	4999672000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	5033576000	USD
CY2016Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11870000	USD
CY2016Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11900000	USD
CY2016Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11628000	USD
CY2016Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11600000	USD
CY2016Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	69100000	USD
CY2016Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	72800000	USD
CY2016Q3	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	3700000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	154461000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	127541000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	149322000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	127541000	shares

Files In Submission

Name	View Source	Status
0001604778-16-000193-index-headers.html	Edgar Link	pending
0001604778-16-000193-index.html	Edgar Link	pending
0001604778-16-000193.txt	Edgar Link	pending
0001604778-16-000193-xbrl.zip	Edgar Link	pending
exhibit10120160702.htm	Edgar Link	pending
exhibit12120160702.htm	Edgar Link	pending
exhibit31120160702.htm	Edgar Link	pending
exhibit31220160702.htm	Edgar Link	pending
exhibit32120160702.htm	Edgar Link	pending
exhibit32220160702.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
qorvo10qimage1a07.jpg	Edgar Link	pending
qorvo20160702-10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
rfmd-20160702.xml	Edgar Link	completed
rfmd-20160702.xsd	Edgar Link	pending
rfmd-20160702_cal.xml	Edgar Link	unprocessable
rfmd-20160702_def.xml	Edgar Link	unprocessable
rfmd-20160702_lab.xml	Edgar Link	unprocessable
rfmd-20160702_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending

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$QRVO
Qorvo Inc Stock $qrvo

2016 Q3 Form 10-Q Financial Statement

#000160477816000193 Filed on August 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$QRVO Qorvo Inc Stock $qrvo

2016 Q3 Form 10-Q Financial Statement

#000160477816000193 Filed on August 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$QRVO
Qorvo Inc Stock $qrvo