Cohu, Inc. (COHU) Financial Statements (2023 and earlier)

Company Profile

Business Address 12367 CROSTHWAITE CIRCLE
POWAY, CA 92064-6817
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3825 - Instruments for Measuring and Testing of Electricity and Electrical Signals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments385,576379,905149,358155,194164,921155,615
Cash and cash equivalents242,341290,201149,358155,194164,921134,286
Short-term investments143,23589,704   21,329
Receivables     (300)(200)
Inventory, net of allowances, customer advances and progress billings170,141161,053142,500130,706139,31462,085
Inventory170,141161,053142,500130,706139,31462,085
Prepaid expense24,01716,19418,77317,48326,206 
Disposal group, including discontinued operation    3,5033,741 
Asset, held-for-sale, not part of disposal group    827  
Other current assets8,9697681,8273,1581,6828,613
Other undisclosed current assets176,148192,873172,588128,825149,67571,325
Total current assets:764,851750,793485,046439,696485,239297,438
Noncurrent Assets
Operating lease, right-of-use asset22,80425,06029,20333,269
Property, plant and equipment65,01163,95766,91670,91274,33234,172
Intangible assets, net (including goodwill)353,643397,111485,989513,688561,08882,361
Goodwill213,539219,791252,304238,669242,12765,613
Intangible assets, net (excluding goodwill)140,104177,320233,685275,019318,96116,748
Disposal group, including discontinued operation, noncurrent assets    11579 
Other noncurrent assets21,10522,12323,19220,03013,2646,486
Total noncurrent assets:462,563508,251605,300638,014648,763123,019
TOTAL ASSETS:1,227,4141,259,0441,090,3461,077,7101,134,002420,457
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities139,653157,554142,983134,124146,38874,271
Taxes payable6,8733,8573,89411,0552,159
Employee-related liabilities39,83534,86223,74129,40220,178
Accounts payable51,76385,23067,92348,69748,11737,556
Accrued liabilities87,89025,61636,34157,79257,81414,378
Deferred revenue6,8867,30014,410 
Debt8,21817,45613,7033,1953,1154,388
Deferred compensation liability 1,1001,6001,800   
Disposal group, including discontinued operation    599518 
Deferred revenue and credits6,608
Other undisclosed current liabilities5,0158,5491,55710,96710,568 
Total current liabilities:160,872192,459174,453148,885160,58985,267
Noncurrent Liabilities
Long-term debt and lease obligation72,664103,393311,55128,877343,4284,575
Long-term debt, excluding current maturities72,664103,393311,551 343,4284,575
Liabilities, other than long-term debt45,82858,65066,26770,35881,42841,524
Deferred revenue and credits10,233
Accounts payable and accrued liabilities14,10614,72615,78817,09413,9709,826
Deferred gain on sale of property     8,776
Deferred tax liabilities, net38,9422,921
Deferred income tax liabilities21,35925,88728,81631,310
Liability, pension and other postretirement and postemployment benefits10,36318,03721,66321,93019,74018,544
Disposal group, including discontinued operation, liabilities    24  
Operating lease, liability    28,877
Other undisclosed noncurrent liabilities  22,04025,787346,5182,613 
Total noncurrent liabilities:118,492184,083403,605445,753427,46946,099
Total liabilities:279,364376,542578,058594,638588,058131,366
Equity
Equity, attributable to parent928,841882,502512,288483,072546,243289,091
Common stock49,27648,75642,19041,39540,76328,489
Treasury stock, value(58,043)(7,324)    
Additional paid in capital687,218674,777448,194433,190419,690127,663
Accumulated other comprehensive loss(40,012)(27,262)(4,326)(34,030)(25,880)(17,787)
Retained earnings290,402193,55526,23042,517111,670150,726
Equity, attributable to noncontrolling interest     (299) 
Total equity:928,841882,502512,288483,072545,944289,091
Other undisclosed liabilities and equity19,209     
TOTAL LIABILITIES AND EQUITY:1,227,4141,259,0441,090,3461,077,7101,134,002420,457

Income Statement (P&L) ($ in thousands)

6/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues812,775887,214636,007583,329451,768352,704
Revenue, net352,704
Cost of revenue
(Cost of Goods and Services Sold)
(429,449)(500,253)(364,225)(353,500)(292,460)(211,986)
Gross profit:383,326386,961271,782229,829159,308140,718
Operating expenses(257,769)(185,443)(268,522)(282,157)(189,089)(105,970)
Operating income (loss):125,557201,5183,260(52,328)(29,781)34,748
Nonoperating income (expense)5,647650(2,946)8072,846 
Investment income, nonoperating4,0122392247641,187 
Gain (loss), foreign currency transaction, before tax1,635411(3,170)431,659 
Interest and debt expense(4,489)(9,824)(13,491)(20,556)(4,977) 
Other undisclosed income from continuing operations before equity method investments, income taxes      617
Income (loss) from continuing operations before income taxes:126,715192,344(13,177)(72,077)(31,912)35,365
Income tax expense (benefit)(29,868)(25,019)(666)3,082(631)(2,244)
Income (loss) from continuing operations:96,847167,325(13,843)(68,995)(32,543)33,121
Income (loss) before gain (loss) on sale of properties:167,325(13,801)(69,692)(32,543)33,121
Income (loss) from discontinued operations   42(697)  
Other undisclosed net income     119 
Net income (loss):96,847167,325(13,801)(69,692)(32,424)33,121
Net income (loss) attributable to noncontrolling interest    (8)243 
Other undisclosed net loss attributable to parent      (278)
Net income (loss) available to common stockholders, diluted:96,847167,325(13,801)(69,700)(32,181)32,843

Comprehensive Income ($ in thousands)

6/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):96,847167,325(13,801)(69,692)(32,424)33,121
Other comprehensive income (loss) (12,750)(22,936)29,704(8,150)(8,093) 
Other undisclosed comprehensive loss      
Comprehensive income (loss):84,097144,38915,903(77,842)(40,517)33,121
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    (4)248 
Other undisclosed comprehensive income, net of tax, attributable to parent     9,817
Comprehensive income (loss), net of tax, attributable to parent:84,097144,38915,903(77,846)(40,269)42,938

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: