2015 Q2 Form 10-Q Financial Statement

#000000412715000012 Filed on May 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q1
Revenue $762.1M $481.0M
YoY Change 29.83% 13.12%
Cost Of Revenue $409.9M $268.6M
YoY Change 26.98% 8.09%
Gross Profit $352.2M $212.4M
YoY Change 33.31% 20.2%
Gross Profit Margin 46.21% 44.16%
Selling, General & Admin $47.40M $41.90M
YoY Change 3.49% 5.54%
% of Gross Profit 13.46% 19.73%
Research & Development $75.50M $61.60M
YoY Change 17.6% 9.41%
% of Gross Profit 21.44% 29.0%
Depreciation & Amortization $47.10M $27.90M
YoY Change 58.05% 8.56%
% of Gross Profit 13.37% 13.14%
Operating Expenses $132.3M $109.8M
YoY Change 14.35% 1.67%
Operating Profit $219.9M $102.6M
YoY Change 48.08% 49.34%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $600.0K -$100.0K
YoY Change -92.86%
Pretax Income $220.5M $102.5M
YoY Change 48.48% 52.3%
Income Tax $54.00M $25.60M
% Of Pretax Income 24.49% 24.98%
Net Earnings $166.5M $76.90M
YoY Change 49.46% 24.64%
Net Earnings / Revenue 21.85% 15.99%
Basic Earnings Per Share $0.88 $0.41
Diluted Earnings Per Share $0.85 $0.40
COMMON SHARES
Basic Shares Outstanding 189.9M shares 187.4M shares
Diluted Shares Outstanding 195.2M shares 192.2M shares

Balance Sheet

Concept 2015 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.054B $797.8M
YoY Change 18.01% 73.89%
Cash & Equivalents $1.054B $797.8M
Short-Term Investments
Other Short-Term Assets $71.40M $38.20M
YoY Change 62.64% -12.18%
Inventory $276.2M $216.6M
Prepaid Expenses
Receivables $277.1M $216.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.679B $1.269B
YoY Change 21.02% 31.67%
LONG-TERM ASSETS
Property, Plant & Equipment $655.8M $343.9M
YoY Change 69.33% 16.85%
Goodwill $851.0M $800.5M
YoY Change 6.31% 0.0%
Intangibles $58.20M $52.00M
YoY Change 25.7% -33.76%
Long-Term Investments
YoY Change
Other Assets $14.70M $12.20M
YoY Change 20.49% -8.96%
Total Long-Term Assets $1.634B $1.266B
YoY Change 25.56% 1.0%
TOTAL ASSETS
Total Short-Term Assets $1.679B $1.269B
Total Long-Term Assets $1.634B $1.266B
Total Assets $3.313B $2.535B
YoY Change 23.22% 14.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $231.0M $125.8M
YoY Change 40.85% 12.83%
Accrued Expenses $57.80M $48.60M
YoY Change -6.47% 36.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $298.6M $182.8M
YoY Change 27.17% 12.42%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $102.5M $6.600M
YoY Change 1407.35% -1.49%
Total Long-Term Liabilities $102.5M $6.600M
YoY Change 1407.35% -1.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $298.6M $182.8M
Total Long-Term Liabilities $102.5M $6.600M
Total Liabilities $449.7M $243.2M
YoY Change 49.95% 12.13%
SHAREHOLDERS EQUITY
Retained Earnings $1.107B $550.3M
YoY Change 72.74% 140.31%
Common Stock $2.447B $2.205B
YoY Change 8.55% 8.98%
Preferred Stock
YoY Change
Treasury Stock (at cost) $682.3M $462.5M
YoY Change 35.14% 84.78%
Treasury Stock Shares
Shareholders Equity $2.864B $2.291B
YoY Change
Total Liabilities & Shareholders Equity $3.313B $2.535B
YoY Change 23.22% 14.33%

Cashflow Statement

Concept 2015 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income $166.5M $76.90M
YoY Change 49.46% 24.64%
Depreciation, Depletion And Amortization $47.10M $27.90M
YoY Change 58.05% 8.56%
Cash From Operating Activities $155.0M $214.2M
YoY Change -22.11% 64.52%
INVESTING ACTIVITIES
Capital Expenditures -$84.00M -$41.90M
YoY Change 24.44% 63.67%
Acquisitions
YoY Change
Other Investing Activities -$18.10M $0.00
YoY Change
Cash From Investing Activities -$102.1M -$41.90M
YoY Change 51.26% 63.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -48.60M -23.10M
YoY Change 35.0% -4.55%
NET CHANGE
Cash From Operating Activities 155.0M 214.2M
Cash From Investing Activities -102.1M -41.90M
Cash From Financing Activities -48.60M -23.10M
Net Change In Cash 4.300M 149.2M
YoY Change -95.5% 85.57%
FREE CASH FLOW
Cash From Operating Activities $155.0M $214.2M
Capital Expenditures -$84.00M -$41.90M
Free Cash Flow $239.0M $256.1M
YoY Change -10.32% 64.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
400000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-02
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-04-03
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000004127
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
191098414 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Skyworks Solutions, Inc.
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
swks Contribution Of Common Shares To Savings And Retirement Plans Related Expense
ContributionOfCommonSharesToSavingsAndRetirementPlansRelatedExpense
8700000 USD
swks Contribution Of Common Shares To Savings And Retirement Plans Related Expense
ContributionOfCommonSharesToSavingsAndRetirementPlansRelatedExpense
11200000 USD
swks Fiscal Period Lengthof Fiscal Quarter
FiscalPeriodLengthofFiscalQuarter
P3M
swks Fiscal Period Lengthof Fiscal Quarter
FiscalPeriodLengthofFiscalQuarter
P3M
swks Fiscal Period Lengthof Fiscal Year
FiscalPeriodLengthofFiscalYear
P1Y7D
swks Fiscal Period Lengthof Fiscal Year
FiscalPeriodLengthofFiscalYear
P1Y
CY2014Q4 swks Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
80000000 USD
CY2015Q2 swks Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
96800000 USD
CY2015Q2 swks Researchand Development Tax Credit
ResearchandDevelopmentTaxCredit
7000000 USD
CY2014Q4 swks Stock Repurchase Authorized Dollar Amount
StockRepurchaseAuthorizedDollarAmount
300000000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
200600000 USD
CY2015Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
231000000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
621200000 USD
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
689600000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4900000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7900000 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2248200000 USD
CY2015Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2399000000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
800000 USD
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12800000 USD
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16800000 USD
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1600000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000 shares
CY2014Q4 us-gaap Assets
Assets
2973800000 USD
CY2015Q2 us-gaap Assets
Assets
3313200000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2014Q4 us-gaap Assets Current
AssetsCurrent
1429200000 USD
CY2015Q2 us-gaap Assets Current
AssetsCurrent
1678900000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
511100000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
797800000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
805800000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1054200000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
286700000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
248400000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.25
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.25
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
525000000 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
525000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
214200000 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
218000000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
189200000 shares
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
191000000 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
47300000 USD
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
47800000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
76900000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
171400000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
167300000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
358700000 USD
CY2014Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
268600000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
551800000 USD
CY2015Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
409900000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
842400000 USD
CY2014Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
24100000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
47800000 USD
CY2015Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
49600000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
98100000 USD
CY2014Q1 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1500000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-700000 USD
CY2015Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4400000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8200000 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4500000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-800000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3700000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
50800000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
54600000 USD
us-gaap Depreciation
Depreciation
42400000 USD
us-gaap Depreciation
Depreciation
74500000 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.91
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.250
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.216
CY2015Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.227
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
70700000 USD
CY2015Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
57800000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
23900000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
40700000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
23900000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
40700000 USD
CY2015Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
16400000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11900000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
28300000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
851000000 USD
CY2015Q2 us-gaap Goodwill
Goodwill
851000000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
212400000 USD
us-gaap Gross Profit
GrossProfit
434400000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
352200000 USD
us-gaap Gross Profit
GrossProfit
725200000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
102500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
218500000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
220500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
468000000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47100000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8500000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
106300000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
23300000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
69200000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-700000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
30400000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-12600000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4900000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
23600000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
25600000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
26900000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-76400000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-40500000 USD
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4800000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4900000 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5300000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5400000 shares
CY2014Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
155000000 USD
CY2015Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
155000000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
75000000 USD
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
58200000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
71300000 USD
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
92500000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
270800000 USD
CY2015Q2 us-gaap Inventory Net
InventoryNet
276200000 USD
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
45400000 USD
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
24900000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
145900000 USD
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
149000000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
441400000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
449700000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2973800000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3313200000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
297600000 USD
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
298600000 USD
CY2014Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
41600000 USD
CY2015Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
48600000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-28100000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-100500000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-58200000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-189300000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
373000000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
538200000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
76900000 USD
us-gaap Net Income Loss
NetIncomeLoss
171400000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
166500000 USD
us-gaap Net Income Loss
NetIncomeLoss
361700000 USD
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
109800000 USD
us-gaap Operating Expenses
OperatingExpenses
215800000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
132300000 USD
us-gaap Operating Expenses
OperatingExpenses
258500000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
102600000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
218600000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
219900000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
466700000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
35000000 USD
CY2015Q2 us-gaap Other Assets Current
OtherAssetsCurrent
71400000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11900000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14700000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-800000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
3000000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12800000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
16800000 USD
CY2014Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
8200000 USD
CY2015Q2 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
9800000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
26300000 USD
CY2015Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9800000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
102200000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
102500000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-400000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-700000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-100000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1300000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
78600000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
79100000 USD
CY2015Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
1300000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
1500000 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24700000 USD
CY2015Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24900000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49600000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
0 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
49300000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
50100000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
18100000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
2863500000 USD
CY2015Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
80.12
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
71.90
CY2015Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
600000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1100000 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
553100000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
682300000 USD
CY2015Q2 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
48100000 USD
us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
79100000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191700000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
194700000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
187400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
186800000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189300000 shares
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
58200000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
171200000 USD
CY2014Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2015Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
45200000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
37300000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1177100000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1345400000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
555900000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
655800000 USD
CY2014Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
317600000 USD
CY2015Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
277100000 USD
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
61600000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
120000000 USD
CY2015Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
75500000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
144000000 USD
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
1100000 USD
us-gaap Restructuring Charges
RestructuringCharges
2400000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
500000 USD
CY2015Q1 us-gaap Restructuring Reserve
RestructuringReserve
1600000 USD
CY2015Q2 us-gaap Restructuring Reserve
RestructuringReserve
1400000 USD
CY2015Q2 us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
0 USD
us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
794900000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1106900000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
481000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
986200000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
762100000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1567600000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
41900000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
83000000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
47400000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
95300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
39600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
48400000 USD
CY2015Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
220900000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
2532400000 USD

Files In Submission

Name View Source Status
0000004127-15-000012-index-headers.html Edgar Link pending
0000004127-15-000012-index.html Edgar Link pending
0000004127-15-000012.txt Edgar Link pending
0000004127-15-000012-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
q21510qapr32015.htm Edgar Link pending
q215exhibit311.htm Edgar Link pending
q215exhibit312.htm Edgar Link pending
q215exhibit321.htm Edgar Link pending
q215exhibit322.htm Edgar Link pending
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
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
Show.js Edgar Link pending
swks-20150403.xml Edgar Link completed
swks-20150403.xsd Edgar Link pending
swks-20150403_cal.xml Edgar Link unprocessable
swks-20150403_def.xml Edgar Link unprocessable
swks-20150403_lab.xml Edgar Link unprocessable
swks-20150403_pre.xml Edgar Link unprocessable