$SWKS
SKYWORKS SOLUTIONS, INC.

2017 Q3 Form 10-Q Financial Statement

#000000412717000027 Filed on July 27, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2017 Q2 2016 Q3
Revenue $984.6M $900.8M $835.4M
YoY Change 17.86% 16.22% 3.14%
Cost Of Revenue $485.7M $447.2M $373.4M
YoY Change 30.07% 16.25% -10.43%
Gross Profit $498.9M $453.6M $424.4M
YoY Change 17.55% 16.19% 7.96%
Gross Profit Margin 50.67% 50.36% 50.8%
Selling, General & Admin $56.40M $49.50M $46.90M
YoY Change 20.26% 12.5% -3.5%
% of Gross Profit 11.3% 10.91% 11.05%
Research & Development $91.80M $92.00M $77.90M
YoY Change 17.84% 15.29% 1.43%
% of Gross Profit 18.4% 20.28% 18.36%
Depreciation & Amortization $65.40M $62.70M $64.60M
YoY Change 1.24% 0.97% 28.43%
% of Gross Profit 13.11% 13.82% 15.22%
Operating Expenses $153.2M $148.8M $139.7M
YoY Change 9.66% 12.13% 4.02%
Operating Profit $345.7M $304.8M $238.6M
YoY Change 44.89% 18.28% -7.81%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $1.800M $2.000M -$2.400M
YoY Change -175.0% -176.92% -500.0%
Pretax Income $347.7M $306.8M $236.2M
YoY Change 47.21% 20.27% -8.94%
Income Tax $66.40M $60.60M $51.20M
% Of Pretax Income 19.1% 19.75% 21.68%
Net Earnings $281.3M $246.2M $246.8M
YoY Change 13.98% 18.31% 19.0%
Net Earnings / Revenue 28.57% 27.33% 29.54%
Basic Earnings Per Share $1.53 $1.34 $1.33
Diluted Earnings Per Share $1.51 $1.32 $1.31
COMMON SHARES
Basic Shares Outstanding 183.7M shares 184.2M shares 188.7M shares
Diluted Shares Outstanding 186.6M shares 191.7M shares

Balance Sheet

Concept 2017 Q3 2017 Q2 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.617B $1.444B $973.7M
YoY Change 66.05% 22.63% -11.96%
Cash & Equivalents $1.617B $1.444B $1.084B
Short-Term Investments
Other Short-Term Assets $68.70M $88.10M $77.70M
YoY Change -11.58% 13.97% 34.66%
Inventory $493.5M $482.5M $424.0M
Prepaid Expenses
Receivables $454.7M $397.4M $570.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.634B $2.412B $2.002B
YoY Change 31.55% 13.4% 10.12%
LONG-TERM ASSETS
Property, Plant & Equipment $882.3M $857.7M $806.3M
YoY Change 9.43% 2.39% 11.74%
Goodwill $883.0M $881.8M $873.3M
YoY Change 1.11% 2.93% 2.18%
Intangibles $67.80M $60.80M $67.00M
YoY Change 1.19% 64.32% 25.7%
Long-Term Investments
YoY Change
Other Assets $40.30M $46.50M $52.60M
YoY Change -23.38% 7.64% 248.34%
Total Long-Term Assets $1.940B $1.898B $1.853B
YoY Change 4.67% 3.66% 9.0%
TOTAL ASSETS
Total Short-Term Assets $2.634B $2.412B $2.002B
Total Long-Term Assets $1.940B $1.898B $1.853B
Total Assets $4.574B $4.310B $3.855B
YoY Change 18.63% 8.89% 9.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $258.4M $178.7M $110.4M
YoY Change 134.06% -1.11% -51.62%
Accrued Expenses $68.10M $67.70M $59.60M
YoY Change 14.26% 23.99% -22.9%
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 $387.9M $300.8M $210.2M
YoY Change 84.54% -7.36% -34.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $27.10M $28.80M $32.00M
YoY Change -15.31% -5.26% -68.57%
Total Long-Term Liabilities $27.10M $28.80M $32.00M
YoY Change -15.31% -5.26% -68.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $387.9M $300.8M $210.2M
Total Long-Term Liabilities $27.10M $28.80M $32.00M
Total Liabilities $507.9M $412.4M $314.0M
YoY Change 61.75% -0.6% -34.08%
SHAREHOLDERS EQUITY
Retained Earnings $3.060B $2.837B $2.264B
YoY Change 35.17% 46.74% 75.53%
Common Stock $2.940B $2.892B $2.732B
YoY Change 7.59% 8.3% 9.59%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.925B $1.822B $1.444B
YoY Change 33.36% 73.2% 96.98%
Treasury Stock Shares
Shareholders Equity $4.066B $3.898B $3.541B
YoY Change
Total Liabilities & Shareholders Equity $4.574B $4.310B $3.855B
YoY Change 18.63% 8.89% 9.58%

Cashflow Statement

Concept 2017 Q3 2017 Q2 2016 Q3
OPERATING ACTIVITIES
Net Income $281.3M $246.2M $246.8M
YoY Change 13.98% 18.31% 19.0%
Depreciation, Depletion And Amortization $65.40M $62.70M $64.60M
YoY Change 1.24% 0.97% 28.43%
Cash From Operating Activities $410.4M $321.3M $140.9M
YoY Change 191.27% 107.96% -36.5%
INVESTING ACTIVITIES
Capital Expenditures -$97.40M -$113.0M -$57.20M
YoY Change 70.28% 202.14% -47.09%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$55.00M
YoY Change -100.0% 801.64%
Cash From Investing Activities -$97.40M -$113.0M -$112.2M
YoY Change -13.19% 202.14% -1.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -140.2M -171.2M -232.5M
YoY Change -39.7% -0.93% 315.92%
NET CHANGE
Cash From Operating Activities 410.4M 321.3M 140.9M
Cash From Investing Activities -97.40M -113.0M -112.2M
Cash From Financing Activities -140.2M -171.2M -232.5M
Net Change In Cash 172.8M 37.10M -203.8M
YoY Change -184.79% -166.61% -493.44%
FREE CASH FLOW
Cash From Operating Activities $410.4M $321.3M $140.9M
Capital Expenditures -$97.40M -$113.0M -$57.20M
Free Cash Flow $507.8M $434.3M $198.1M
YoY Change 156.34% 126.32% -39.97%

Facts In Submission

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