Silicon Labs Announces Third Quarter 2017 Results

 

Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures

(In thousands, except per share data)


Non-GAAP Income
Statement Items


Three Months Ended

September 30, 2017



GAAP

Measure


GAAP

Percent of
Revenue


Stock

Compensation
Expense


Intangible
Asset
Amortization


Acquisition
Related
Items


Non-GAAP

Measure


Non-GAAP

Percent of
Revenue

Revenues


$198,723




























Gross margin


116,574


58.7%


$     281


$      --


$   --


$116,855


58.8%
















Research and

   development


52,000


26.2%


5,411


5,187


 

--


41,402


20.8%
















Selling, general and

   administrative


39,606


 

19.9%


5,663


1,647


161


32,135


 

16.2%
















Operating income


24,968


12.6%


11,355


6,834


161


43,318


21.8%





























Non-GAAP
Earnings Per Share


Three Months Ended

September 30, 2017



GAAP

Measure


Stock

Compensation
Expense*


Intangible
Asset
Amortization*


Acquisition
Related
Items*


Non-cash
Interest
Expense*


Income Tax
Adjustments


Non-GAAP

Measure

Net income


$19,949


$11,355


$6,834


$161


$2,674


$(1,796)


$39,177
















Diluted shares

   outstanding


43,374












 

43,374
















Diluted earnings

   per share


$    0.46












 

$    0.90




















* Represents pre-tax amounts


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