KLA-Tencor报告2018财年第四季度和全年结果

MILPITAS, Calif., July 30, 2018 /PRNewswire/ --KLA-Tencor Corporation(NASDAQ: KLAC) today announced operating results for its fourth quarter and fiscal year ended June 30, 2018. KLA-Tencor reported GAAP net income of $349 million and GAAP earnings per diluted share of $2.22 on revenues of $1,070 million for the fourth quarter of fiscal year 2018. For the fiscal year ended June 30, 2018, the company reported GAAP net income of $802 million and GAAP earnings per diluted share of $5.10 on revenues of $4.0 billion.

Photo -https://photosp.prnewswire.com/prnh/20140123/sf50413logo.

“我们很高兴地报告Kla-Tencor在6月季度举行的另一个强大表现，”KLA-Tencor总裁兼首席执行官Rick华莱士评论道。“我们提供了第二次最高季度预订，导致我们的历史，同时在季度出货量，收入和GAAP和每次摊薄的非GAAP收益中设定历史记录。这证明了KLA-Tencor在过程控制中的市场领导，并反映了检查和计量在实现下一代逻辑和内存半导体市场的增长方面的战略重要性。“

GaAP.Results
	Q4 FY 2018.	Q3 FY 2018	Q4 FY 2017.
收入	1,070万美元	$1,021 million	$939 million
净收入	$349 million	$307 million	$256 million
Earnings per Diluted Share	$2.22	$1.95	$1.62

Non-GAAP Results
	Q4 FY 2018.	Q3 FY 2018	Q4 FY 2017.
净收入	$348 million	$318 million	$259 million
Earnings per Diluted Share	$2.22	$2.02	$1.64

在本释放中包含的财务报表之后，还提供了GAAP运营结果和非GAAP操作结果之间的对帐。非GAAP结果包括股票赔偿的影响，但排除了收购，合并和其他相关费用和某些离散税项的影响。KLA-Tencor将于2018财政年度第四季度和全年讨论结果，同时在今天凌晨2:00开始在电话会议上举行展望。太平洋时间。该呼叫的网络广播将可用：www.lisalozano.com。

关于Kla-Tencor：

KLA-Tencor Corporation, a leading provider of process control and yield management solutions, partners with customers around the world to develop state-of-the-art inspection and metrology technologies. These technologies serve the semiconductor, and other related nanoelectronics industries. With a portfolio of industry-standard products and a team of world-class engineers and scientists, the company has created superior solutions for its customers for more than 40 years. Headquartered in Milpitas, Calif., KLA-Tencor has dedicated customer operations and service centers around the world. Additional information may be found at//www.lisalozano.com/。(KLAC-F)

Use of Non-GAAP Financial Information:

本新闻稿中提供的非GAAP和补充信息是补充，而不是根据美国GAAP提出的替代品，而不是替代的替代品KLA-Tencor的财务结果。

To supplement KLA-Tencor's condensed consolidated financial statements presented in accordance with GAAP, the company provides certain non-GAAP financial information, which is adjusted from results based on GAAP to exclude certain costs and expenses (benefits), as well as other supplemental information. The non-GAAP and supplemental information is provided to enhance the user's overall understanding of KLA-Tencor's operating performance and its prospects in the future. Specifically, KLA-Tencor believes that the non-GAAP information provides useful measures to both management and investors regarding financial and business trends relating to KLA-Tencor's financial performance by excluding certain costs and expenses (benefits) that the company believes are not indicative of its core operating results. The non-GAAP information is among the budgeting and planning tools that management uses for future forecasting. However, because there are no standardized or generally accepted definitions for most non-GAAP financial metrics, definitions of non-GAAP financial metrics (for example, determining which costs and expenses (benefits) to exclude when calculating such a metric) are inherently subject to significant discretion. As a result, non-GAAP financial metrics may be defined very differently from company to company, or even from period to period within the same company, which can potentially limit the usefulness of such information to an investor. The presentation of non-GAAP and supplemental information is not meant to be considered in isolation or as a substitute for results prepared and presented in accordance with United States GAAP.

KLA-Tencor Corporation
浓缩合并联合国audited Balance Sheets

*（成千上万）*	June 30, 2018		June 30, 2017
ASSETS
Cash, cash equivalents and marketable securities	$	2,880,318	$	3,016,740
Accounts receivable, net	651,678		571,117
Inventories	931,845		732,988
Other current assets	85,159		71,221
Land, property and equipment, net	286,306		283,975
Goodwill	354,698		349,526
Deferred income taxes, non-current	193,200		291,967
Purchased intangibles, net	19,333		18,963
Other non-current assets	216,819		195,676
总资产	$	5,619,356	$	5,532,173
LIABILITIES AND STOCKHOLDERS'EQUITY
Current liabilities:
应付账款	$	169,354	$	147,380
Deferred system profit	279,581		180,861
Unearned revenue	69,255		65,507
Current portion of long-term debt	—		249,983
Other current liabilities	699,893		649,431
Total current liabilities	1,218,083		1,293,162
Non-current liabilities:
Long-term debt	2,237,402		2,680,474
Unearned revenue	71,997		59,713
Other non-current liabilities	471,363		172,407
Total liabilities	3,998,845		4,205,756
股东权益：
Common stock and capital in excess of par value	617,999		529,283
Retained earnings	1,056,445		848,457
Accumulated other comprehensive income (loss)	(53,933)		(51,323)
Total stockholders' equity	1,620,511		1,326,417
负债总额和股东权益	$	5,619,356	$	5,532,173

KLA-Tencor Corporation
浓缩的综合未经审核的业务陈述

	Three months ended				12个月结束了
*(In thousands, except per share amounts)*	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
收入:
Product	$	840,500	$	737,432	$	3,160,671	$	2,703,934
服务	229,504		2015年		876,030		776,080
总收入	1,070,004		938,647		4,036,701		3,480,014
Costs and expenses:
Costs of revenues	377,898		347,930		1,447,369		1,287,547
研究与开发	151,951		136,555		608,712.		526,870
Selling, general and administrative	116,649		105,164		443,426		389,336
Interest expense and other, net	17,017		23,966		81,263		103,015
所得税前收入	406,489		325,032		1,455,931		1,173,246
Provision for income taxes	57,722		68,870		653,666		247,170
Net income	$	348,767	$	256,162	$	802,265	$	926,076
Net income per share:
基本的	$	2.24	$	1.64	$	5.13	$	5.92
Diluted	$	2.22	$	1.62	$	5.10	$	5.88
Cash dividends declared per share	$	0.75	$	0.54	$	2.52	$	2.14
加权平均股份数：
基本的	155,740.		156,668		156,346		156,468
Diluted	156,822		157,931		157,378		157,481

KLA-Tencor Corporation
浓缩合并联合国audited Statements of Cash Flows

	Three months ended
	June 30,
*（成千上万）*	2018		2017
经营活动中的现金流量：
Net income	$	348,767	$	256,162
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	14,989		14,324
基于股票的补偿费用	18,804		14,485
Net gain on sales of marketable securities and other investments	148.		（375）
资产和负债的变化，商业收购净：
Accounts receivable, net	2,095		167,034
Inventories	(73,211)		（32,464）
Other assets	44,211		5,000
应付账款	403		6,844
Deferred system profit	21,439		（8,655）
其他责任	（4,132）		40,282
经营活动提供的净现金	373,513		462,637
Cash flows from investing activities:
收购非销售证券	—		（1,060）
商业收购，现金净获得	（11,913）		(28,560)
资本支出，网	(22,828)		(10,668)
Proceeds from sale of assets	—		365
Purchases of available-for-sale securities	（27,657）		(414,383)
Proceeds from sale of available-for-sale securities	68,229		70,443
Proceeds from maturity of available-for-sale securities	118,877		227,569
Purchases of trading securities	（12,762）		（9,694）
Proceeds from sale of trading securities	14,829		11,629
投资活动提供的净现金（用于）投资活动	126,775		(154,359)
融资活动的现金流量：
偿还债务	（225,000）		(25,000)
Issuance of common stock	40,873		21,665
Tax withholding payments related to vested and released restricted stock units	(2,133)		—
Common stock repurchases	(38,091)		(25,002)
Payment of dividends to stockholders	（117,035）		(84,637)
用于融资活动的净现金	（341,386）		(112,974)
Effect of exchange rate changes on cash and cash equivalents	(10,202)		1,940
净增加现金和现金等价物	148,700.		197,244
Cash and cash equivalents at beginning of period	1,255,682		955,807
期末现金和现金等价物	$	1,404,382	$	1,153,051
Supplemental cash flow disclosures:
Income taxes paid, net	$	31,331	$	43,888
Interest paid	$	53,210	$	56,865
Non-cash activities:
购买土地，物业和设备 - 投资活动	$	7,418	$	3,299
商业获取持股金额 - 投资活动	$	—	$	5,318
股息payable - financing activities	$	9,571.	$	13,772

KLA-Tencor Corporation
浓缩合并联合国audited Supplemental Information
(In thousands, except per share amounts)

Reconciliation of GAAP Net Income to Non-GAAP Net Income


		Three months ended						12个月结束了
		June 30, 2018		March 31, 2018		June 30, 2017		June 30, 2018		June 30, 2017
GaAP.net income		$	348,767	$	306,881	$	256,162	$	802,265	$	926,076
Adjustments to reconcile GAAP net income to non-GAAP net income
获得-related charges	a	3,973		7,413		1,029		14,581		3,322
Merger-related charges	b	—		—		3,072		3,015		13,967
非GAAP调整的所得税效应	c	（300）		（343）		（1,295）		(2,707)		（5,406）
Discrete tax items	d	(4,402)		4,184		—		441,676		（3,064）
Non-GAAP net income		$	348,038	$	318,135	$	258,968	$	1,258,830	$	934,895
每次摊薄股市GAAP净收入		$	2.22	$	1.95	$	1.62	$	5.10	$	5.88
Non-GAAP net income per diluted share		$	2.22	$	2.02	$	1.64	$	8.00	$	5.94
Shares used in diluted shares calculation		156,822		157,201		157,931		157,378		157,481

Pre-tax impact of items included in Condensed Consolidated Unaudited Statements of Operations

	获得- related charges		Merger-related charges		总税前 GAAP非 GaAP. adjustment
Three months ended June 30, 2018
Costs of revenues	$	729	$	—	$	729
Selling, general and administrative	3,244		—		3,244
Total in three months ended June 30, 2018	$	3,973	$	—	$	3,973
Three months ended March 31, 2018
Costs of revenues	$	1,122	$	—	$	1,122
Selling, general and administrative	6,291		—		6,291
截至2018年3月31日止三个月的总数	$	7,413	$	—	$	7,413
Three months ended June 30, 2017
Costs of revenues	$	708	$	9	$	717
研究与开发	—		995		995
Selling, general and administrative	321		2,068		2,389
Total in three months ended June 30, 2017	$	1,029	$	3,072	$	4,101

补充我们的浓缩合并财务statements presented in accordance with GAAP, we provide certain non-GAAP financial information, which is adjusted from results based on GAAP to exclude certain costs and expenses, as well as other supplemental information. The non-GAAP and supplemental information is provided to enhance the user's overall understanding of our operating performance and our prospects in the future. Specifically, we believe that the non-GAAP information provides useful measures to both management and investors regarding financial and business trends relating to our financial performance by excluding certain costs and expenses that we believe are not indicative of our core operating results. The non-GAAP information is among the budgeting and planning tools that management uses for future forecasting. However, because there are no standardized or generally accepted definitions for most non-GAAP financial metrics, definitions of non-GAAP financial metrics (for example, determining which costs and expenses to exclude when calculating such a metric) are inherently subject to significant discretion. As a result, non-GAAP financial metrics may be defined very differently from company to company, or even from period to period within the same company, which can potentially limit the usefulness of such information to an investor. The presentation of non-GAAP and supplemental information is not meant to be considered in isolation or as a substitute for results prepared and presented in accordance with United States GAAP.

一种。	收购相关费用包括无形资产和库存公允价值调整的摊销，以及与收购或等待收购相关的交易成本，包括待遇orbotech。管理层认为，与收购相关无形资产和收购相关费用的摊销相关的费用被排除在外，因为收购的大部分购买价格可以分配给无形资产，排除这些费用允许对运营结果进行比较随着KLA-Tencor的新收购和长期的业务，随着时间的推移是一致的。管理层认为不包括这些物品可帮助投资者在现有时期的结果以及其他公司的绩效中与我们的业绩进行比较。beplay新闻

b.	Merger-related charges associated with the terminated merger agreement between KLA-Tencor and Lam Research Corporation ("Lam") primarily includes employee retention-related expenses, legal expenses and other costs. Management believes that it is appropriate to exclude these items as they are not indicative of ongoing operating results and therefore limit comparability and excluding these items helps investors compare our operating performance with our results in prior periods as well as with the performance of other companies.

c.	非GAAP调整的所得税效应includes the income tax effects of the excluded items noted above. Management believes that it is appropriate to exclude the tax effects of the items noted above in order to present a more meaningful measure of non-GAAP net income.

d.	截至2018年6月30日止2018年期间的离散税项包括通过税收和就业行为（“该法案”）从颁布的税收改革立法中所得税费用的所得税影响（“该法案”）。。22, 2017, of which the impact is primarily related to the provisional tax amounts recorded for the transition tax on accumulated foreign earnings and the re-measurement of certain deferred tax assets and liabilities as a result of the enactment of the Act. Discrete tax item during the fiscal year ended June 30, 2017 includes the tax impact of certain merger-related charges that only became deductible during the three months ended Dec. 31, 2016 as a result of the termination of the proposed merger between KLA-Tencor and Lam. Management believes that it is appropriate to exclude these items as they are not indicative of ongoing operating results and therefore limit comparability. Management believes excluding these items helps investors compare our operating performance with our results in prior periods as well as with the performance of other companies.

查看原始内容：http://www.prnewswire.com/news-releases/kla-tencor-reports-fiscal-2018-fourth-quarter-dull-year-results-300688636.html.

SOURCE KLA-Tencor Corporation

Released July 30, 2018

KLA-Tencor报告2018财年第四季度和全年结果

Related Documents