KLA-Tencor Corporation (NasdaqGS:KLAC) > Financials > Income Statement

In Millions of the reported currency, except per share items.

Template:

Standard

Restatement:

Latest Filings

Period Type:

Annual

Order:

Latest on Right

Currency:

Reported Currency

Conversion:

Historical

Units:

S&P Capital IQ (Default)

Decimals:

Capital IQ (Default)

Source:

Capital IQ & Proprietary Data

Income Statement

For the Fiscal Period Ending

Reclassified 12 months Jun-30-2016

12 months Jun-30-2017

Currency

USD

USD

Revenue

2,929.4

2,814.0

Other Revenue

-

-

Total Revenue

2,929.4

2,814.0

Cost Of Goods Sold

1,233.0

1,207.2

Gross Profit

1,696.4

1,606.8

Selling General & Admin Exp.

386.0

390.2

R & D Exp.

539.5

519.5

Depreciation & Amort.

-

-

Other Operating Expense/(Income)

-

-

Other Operating Exp., Total

925.5

909.7

Operating Income

771.0

697.1

Interest Expense

(53.8)

(106.0)

Interest and Invest. Income

13.6

12.5

Net Interest Exp.

(40.3)

(93.5)

Currency Exchange Gains (Loss)

(0.5)

(1.8)

Other Non-Operating Inc. (Exp.)

1.1

(2.4)

EBT Excl. Unusual Items

731.3

599.5

Restructuring Charges

-

(31.6)

Impairment of Goodwill

-

-

Gain (Loss) On Sale Of Invest.

2.1

2.1

Asset Writedown

-

(1.7)

Legal Settlements

1.1

-

Other Unusual Items

-

(134.2)

EBT Incl. Unusual Items

734.5

434.1

Income Tax Expense

151.7

68.0

Earnings from Cont. Ops.

582.8

366.2

Earnings of Discontinued Ops.

-

-

Extraord. Item & Account. Change

-

-

Net Income to Company

582.8

366.2

Minority Int. in Earnings

-

-

Net Income

582.8

366.2

Pref. Dividends and Other Adj.

-

-

NI to Common Incl Extra Items

582.8

366.2

NI to Common Excl. Extra Items

582.8

366.2

Per Share Items

Basic EPS

$3.51

$2.26

Basic EPS Excl. Extra Items

3.51

2.26

Weighted Avg. Basic Shares Out.

166.0

162.3

Diluted EPS

$3.47

$2.24

Diluted EPS Excl. Extra Items

3.47

2.24

Weighted Avg. Diluted Shares Out.

168.1

163.7

Normalized Basic EPS

$2.75

$2.31

Normalized Diluted EPS

2.72

2.29

Dividends per Share

$1.8

$2.0

Payout Ratio %

51.3%

76.8%

Supplemental Items

EBITDA

854.0

777.7

EBITA

787.2

712.9

EBIT

771.0

697.1

EBITDAR

862.7

786.8

As Reported Total Revenue*

2,929.4

2,814.0

Effective Tax Rate %

20.7%

15.7%

Current Domestic Taxes

107.5

66.8

Current Foreign Taxes

27.9

25.4

Total Current Taxes

135.4

92.2

Deferred Domestic Taxes

22.6

(22.0)

Deferred Foreign Taxes

(6.2)

(2.3)

Total Deferred Taxes

16.3

(24.2)

Normalized Net Income

457.0

374.7

Interest on Long Term Debt

53.8

106.0

Non-Cash Pension Expense

2.4

2.3

Filing Date

8-07-2015

8-07-2015

Restatement Type

RC

O

Calculation Type

REP

REP

Supplemental Operating Expense Items

R&D Exp.

547.7

532.5

Net Rental Exp.

8.7

9.1

Imputed Oper. Lease Interest Exp.

5.0

3.9

Imputed Oper. Lease Depreciation

3.7

5.2

Stock-Based Comp., COGS

9.1

7.2

Stock-Based Comp., R&D Exp.

16.4

12.3

Stock-Based Comp., SG&A Exp.

35.4

35.8

Stock-Based Comp., Total

60.9

55.3

* Occasionally, certain items classified as Revenue by the company will be re-classified as other income if it is deemed to be non-recurring and unrelated to the core business of the firm. This field shows Total Revenue exactly as reported by the firm on its consolidated statement of income.

Note: For multiple class companies, per share items are primary class equivalent, and for foreign companies listed as primary ADRs, per share items are ADR-equivalent.

Balance Sheet
Balance Sheet as of:	Restated Jun-30-2016	6-30-2017
Currency	USD	USD
ASSETS
Cash And Equivalents	630.9	838.0
Short Term Investments	2,521.8	1,549.1
Total Cash & ST Investments	3,152.6	2,387.1
Accounts Receivable	492.9	585.5
Other Receivables	27.5	32.9
Total Receivables	520.3	618.3
Inventory	656.5	617.9
Prepaid Exp.	34.7	37.0
Deferred Tax Assets, Curr.	215.7	236.3
Other Current Assets	6.3	8.0
Total Current Assets	4,586.1	3,904.6
Gross Property, Plant & Equipment	865.4	892.2
Accumulated Depreciation	(535.2)	(577.6)
Net Property, Plant & Equipment	330.3	314.6
Goodwill	335.4	335.3
Other Intangibles	27.7	11.9
Deferred Tax Assets, LT	75.1	78.6
Other Long-Term Assets	181.3	181.0
Total Assets	5,535.8	4,826.0
LIABILITIES
Accounts Payable	103.4	103.3
Accrued Exp.	452.7	516.2
Curr. Port. of LT Debt	-	17.0
Curr. Income Taxes Payable	15.3	15.6
Unearned Revenue, Current	207.1	220.0
Other Current Liabilities	117.1	129.6
Total Current Liabilities	895.6	1,001.8
Long-Term Debt	745.1	3,173.4
Unearned Revenue, Non-Current	57.5	47.1
Pension & Other Post-Retire. Benefits	59.9	55.7
Other Non-Current Liabilities	108.4	126.5
Total Liabilities	1,866.5	4,404.6
Common Stock	0.2	0.2
Additional Paid In Capital	1,220.3	474.2
Retained Earnings	2,479.1	(12.4)
Treasury Stock	-	-
Comprehensive Inc. and Other	(30.3)	(40.6)
Total Common Equity	3,669.3	421.4
Total Equity	3,669.3	421.4
Total Liabilities And Equity	5,535.8	4,826.0
Supplemental Items
Total Shares Out. on Filing Date	165.4	157.5
Total Shares Out. on Balance Sheet Date	165.4	157.9
Book Value/Share	$22.18	$2.67
Tangible Book Value	3,306.3	74.3
Tangible Book Value/Share	$19.98	$0.47
Total Debt	745.1	3,190.4
Net Debt	(2,407.5)	803.3
Debt Equiv. of Unfunded Proj. Benefit Obligation	61.9	58.9
Debt Equivalent Oper. Leases	69.6	72.8
Inventory Method	FIFO	FIFO
Raw Materials Inventory	221.6	194.2
Work in Progress Inventory	171.2	156.8
Finished Goods Inventory	60.4	57.1
Other Inventory Accounts	203.2	209.7
Land	41.8	40.4
Buildings	302.5	316.6
Machinery	512.1	532.1
Construction in Progress	8.9	3.2
Full Time Employees	6,060	5,880
Accum. Allowance for Doubtful Accts	21.8	21.7
Order Backlog	977.0	984.0
Filing Date	8-07-2015	8-07-2015
Restatement Type	RS	O
Calculation Type	REP	REP
Note: For multiple class companies, total share counts are primary class equivalent, and for foreign companies listed as primary ADRs, total share counts are ADR-equivalent.