2013 Q4 Form 10-Q Financial Statement

#000000412714000008 Filed on January 29, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4
Revenue $505.2M $453.7M
YoY Change 11.35% 15.21%
Cost Of Revenue $283.2M $261.1M
YoY Change 8.46% 17.67%
Gross Profit $222.0M $192.6M
YoY Change 15.26% 12.11%
Gross Profit Margin 43.94% 42.45%
Selling, General & Admin $41.10M $38.10M
YoY Change 7.87% -11.21%
% of Gross Profit 18.51% 19.78%
Research & Development $58.40M $58.10M
YoY Change 0.52% 23.77%
% of Gross Profit 26.31% 30.17%
Depreciation & Amortization $20.80M $18.50M
YoY Change 12.43% 7.1%
% of Gross Profit 9.37% 9.61%
Operating Expenses $106.0M $106.0M
YoY Change 0.0% 9.41%
Operating Profit $116.0M $86.60M
YoY Change 33.95% 15.52%
Interest Expense $11.00K
YoY Change -97.71%
% of Operating Profit 0.01%
Other Income/Expense, Net $0.00 $200.0K
YoY Change -100.0% 14.29%
Pretax Income $116.0M $86.80M
YoY Change 33.64% 16.26%
Income Tax $21.50M $20.30M
% Of Pretax Income 18.53% 23.39%
Net Earnings $94.50M $66.50M
YoY Change 42.11% 16.46%
Net Earnings / Revenue 18.71% 14.66%
Basic Earnings Per Share $0.51 $0.35
Diluted Earnings Per Share $0.49 $0.34
COMMON SHARES
Basic Shares Outstanding 186.2M shares 189.4M shares
Diluted Shares Outstanding 191.2M shares 194.0M shares

Balance Sheet

Concept 2013 Q4 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $648.6M $377.5M
YoY Change 71.81% -15.28%
Cash & Equivalents $648.6M $377.5M
Short-Term Investments
Other Short-Term Assets $39.70M $39.52M
YoY Change 0.47% 18.61%
Inventory $224.7M $229.5M
Prepaid Expenses
Receivables $267.1M $252.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.180B $899.6M
YoY Change 31.19% 5.05%
LONG-TERM ASSETS
Property, Plant & Equipment $323.7M $287.3M
YoY Change 12.69% 19.49%
Goodwill $800.5M $800.5M
YoY Change 0.0% 20.56%
Intangibles $58.30M $85.85M
YoY Change -32.09% 7.05%
Long-Term Investments
YoY Change
Other Assets $12.80M $14.39M
YoY Change -11.04% 10.18%
Total Long-Term Assets $1.255B $1.252B
YoY Change 0.3% 18.26%
TOTAL ASSETS
Total Short-Term Assets $1.180B $899.6M
Total Long-Term Assets $1.255B $1.252B
Total Assets $2.435B $2.151B
YoY Change 13.22% 12.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $107.3M $111.4M
YoY Change -3.65% 15.97%
Accrued Expenses $38.80M $30.80M
YoY Change 25.97% 9.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $165.8M $155.7M
YoY Change 6.5% -26.74%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.800M $6.801M
YoY Change -0.01% -82.32%
Total Long-Term Liabilities $6.800M $6.801M
YoY Change -0.01% -82.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $165.8M $155.7M
Total Long-Term Liabilities $6.800M $6.801M
Total Liabilities $223.2M $207.1M
YoY Change 7.75% -17.46%
SHAREHOLDERS EQUITY
Retained Earnings $473.4M $167.3M
YoY Change 182.97% -478.93%
Common Stock $2.140B $1.997B
YoY Change 7.17% 6.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $400.4M $218.7M
YoY Change 83.07% 37.89%
Treasury Stock Shares
Shareholders Equity $2.212B $1.944B
YoY Change
Total Liabilities & Shareholders Equity $2.435B $2.151B
YoY Change 13.22% 12.35%

Cashflow Statement

Concept 2013 Q4 2012 Q4
OPERATING ACTIVITIES
Net Income $94.50M $66.50M
YoY Change 42.11% 16.46%
Depreciation, Depletion And Amortization $20.80M $18.50M
YoY Change 12.43% 7.1%
Cash From Operating Activities $158.8M $147.7M
YoY Change 7.53% 91.22%
INVESTING ACTIVITIES
Capital Expenditures -$16.30M -$26.40M
YoY Change -38.26% 312.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $800.0K
YoY Change -100.0%
Cash From Investing Activities -$16.30M -$25.62M
YoY Change -36.37% 298.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $17.10M $41.70M
YoY Change -58.99% 236.15%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.000M -$50.82M
YoY Change -90.16% 44.13%
NET CHANGE
Cash From Operating Activities 158.8M $147.7M
Cash From Investing Activities -16.30M -$25.62M
Cash From Financing Activities -5.000M -$50.82M
Net Change In Cash 137.5M $71.25M
YoY Change 93.0% 100.41%
FREE CASH FLOW
Cash From Operating Activities $158.8M $147.7M
Capital Expenditures -$16.30M -$26.40M
Free Cash Flow $175.1M $174.1M
YoY Change 0.59% 108.15%

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400400000 USD
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191200000 shares
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
194000000 shares
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189400000 shares
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
186200000 shares
CY2013Q4 swks Contribution Of Common Shares To Savings And Retirement Plans Related Expense
ContributionOfCommonSharesToSavingsAndRetirementPlansRelatedExpense
1300000 USD
CY2012Q4 swks Contribution Of Common Shares To Savings And Retirement Plans Related Expense
ContributionOfCommonSharesToSavingsAndRetirementPlansRelatedExpense
1200000 USD
CY2013Q4 swks Fiscal Period Number Of Weeks In Fiscal Quarter
FiscalPeriodNumberOfWeeksInFiscalQuarter
P13W
CY2012Q4 swks Fiscal Period Number Of Weeks In Fiscal Quarter
FiscalPeriodNumberOfWeeksInFiscalQuarter
P13W
CY2014 swks Fiscal Period Number Of Weeks In Fiscal Year
FiscalPeriodNumberOfWeeksInFiscalYear
P53W
CY2013 swks Fiscal Period Number Of Weeks In Fiscal Year
FiscalPeriodNumberOfWeeksInFiscalYear
P52W
CY2013Q3 swks Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
110500000 USD
CY2013Q4 swks Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
117000000 USD
CY2013Q4 swks Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
175300000 USD
CY2013Q3 swks Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
175300000 USD
CY2013Q3 swks Stock Repurchase Authorized Dollar Amount
StockRepurchaseAuthorizedDollarAmount
250000000 USD
CY2013Q4 dei Amendment Flag
AmendmentFlag
false
CY2013Q4 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-03
CY2013Q4 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q4 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2013Q4 dei Document Period End Date
DocumentPeriodEndDate
2013-12-27
CY2013Q4 dei Document Type
DocumentType
10-Q
CY2013Q4 dei Entity Central Index Key
EntityCentralIndexKey
0000004127
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
188930302 shares
CY2013Q4 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q4 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q4 dei Entity Registrant Name
EntityRegistrantName
Skyworks Solutions, Inc.
CY2013Q4 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013Q4 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000004127-14-000008-index-headers.html Edgar Link pending
0000004127-14-000008-index.html Edgar Link pending
0000004127-14-000008.txt Edgar Link pending
0000004127-14-000008-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fy14eipredacted.htm Edgar Link pending
logoforeip.gif Edgar Link pending
q11410qdec272013.htm Edgar Link pending
q114exhibit311.htm Edgar Link pending
q114exhibit312.htm Edgar Link pending
q114exhibit321.htm Edgar Link pending
q114exhibit322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
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R4.htm Edgar Link pending
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R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
swks-20131227.xml Edgar Link completed
swks-20131227.xsd Edgar Link pending
swks-20131227_cal.xml Edgar Link unprocessable
swks-20131227_def.xml Edgar Link unprocessable
swks-20131227_lab.xml Edgar Link unprocessable
swks-20131227_pre.xml Edgar Link unprocessable