For further information, please contact:
| Investors: | Media: |
| Jeff Palmer | Jacey Zuniga |
| Email Contact | Email Contact |
| +1 408 518 5411 | +1 512 895 7398 |
| NXP Semiconductors | ||||||||||||||||||||
| Table 1: Condensed consolidated statement of operations (unaudited) | ||||||||||||||||||||
| ($ in millions except share data) | Three Months Ended | Full Year | ||||||||||||||||||
| Dec. 31, 2018 | Sept. 30, 2018 | Dec. 31, 2017 | 2018 | 2017 | ||||||||||||||||
| Revenue | $ | 2,403 | $ | 2,445 | $ | 2,456 | $ | 9,407 | $ | 9,256 | ||||||||||
| Cost of revenue | (1,160 | ) | (1,189 | ) | (1,214 | ) | (4,556 | ) | (4,637 | ) | ||||||||||
| Gross profit | 1,243 | 1,256 | 1,242 | 4,851 | 4,619 | |||||||||||||||
| Research and development | (403 | ) | (433 | ) | (414 | ) | (1,700 | ) | (1,554 | ) | ||||||||||
| Selling, general and administrative | (251 | ) | (252 | ) | (269 | ) | (993 | ) | (1,090 | ) | ||||||||||
| Amortization of acquisition-related intangible assets | (364 | ) | (362 | ) | (347 | ) | (1,449 | ) | (1,448 | ) | ||||||||||
| Total operating expenses | (1,018 | ) | (1,047 | ) | (1,030 | ) | (4,142 | ) | (4,092 | ) | ||||||||||
| Other income (expense) | (1 | ) | 2,002 | (2 | ) | 2,001 | 1,575 | |||||||||||||
| Operating income (loss) | 224 | 2,211 | 210 | 2,710 | 2,102 | |||||||||||||||
| Financial income (expense): | ||||||||||||||||||||
| Extinguishment of debt | - | - | - | (26 | ) | (41 | ) | |||||||||||||
| Other financial income (expense) | (77 | ) | (119 | ) | (79 | ) | (309 | ) | (325 | ) | ||||||||||
| Income (loss) before taxes | 147 | 2,092 | 131 | 2,375 | 1,736 | |||||||||||||||
| Benefit (provision) for income taxes | 141 | (311 | ) | 629 | (176 | ) | 483 | |||||||||||||
| Results relating to equity-accounted investees | 1 | 52 | 8 | 59 | 53 | |||||||||||||||
| Net income (loss) | 289 | 1,833 | 768 | 2,258 | 2,272 | |||||||||||||||
| Less: Net income (loss) attributable to non-controlling interests | 13 | 13 | 15 | 50 | 57 | |||||||||||||||
| Net income (loss) attributable to stockholders | 276 | 1,820 | 753 | 2,208 | 2,215 | |||||||||||||||
| Earnings per share data: | ||||||||||||||||||||
| Net income (loss) per common share attributable to stockholders in $: | ||||||||||||||||||||
| Basic | $ | 0.94 | $ | 5.64 | $ | 2.20 | $ | 6.78 | $ | 6.54 | ||||||||||
| Diluted | $ | 0.94 | $ | 5.60 | $ | 2.17 | $ | 6.72 | $ | 6.41 | ||||||||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | ||||||||||||||||||||
| Basic | 293,170 | 322,533 | 342,088 | 325,781 | 338,646 | |||||||||||||||
| Diluted | 294,947 | 325,267 | 347,176 | 328,606 | 345,802 | |||||||||||||||
| Cash dividends declared per share | $ | 0.25 | $ | 0.25 | - | $ | 0.50 | - | ||||||||||||
