FormFactor, Inc. (FORM) financial statements (2020 and earlier)

Company profile

Business Address 7005 SOUTHFRONT ROAD
LIVERMORE, CA 94551
State of Incorp. DE
Fiscal Year End December 31
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments123149140109188164151
Cash and cash equivalents123989110114611459
Short-term investments 51497415092
Restricted cash and investments1100   
Receivables85978472374630
Inventory, net of allowances, customer advances and progress billings86786860272621
Inventory86786860272621
Income taxes receivable1
Other undisclosed current assets95141414699
Total current assets:390338306255258244212
Noncurrent Assets
Operating lease, right-of-use asset32
Property, plant and equipment56544743242535
Intangible assets, net (including goodwill)236257287315566988
Goodwill189189190188313131
Intangible assets, net (excluding goodwill)476897127263957
Restricted cash and investments1111000
Other noncurrent assets1123111
Other undisclosed noncurrent assets777733334
Total noncurrent assets:40439034136485100129
TOTAL ASSETS:794728647619343344341
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities81686965405640
Accounts payable51403534182016
Accrued liabilities30283330222114
Employee-related liabilities     128
Taxes payable  10022
Deferred revenue8
Debt53301813  0
Restructuring reserve     1
Deferred revenue and credits55467
Other undisclosed current liabilities 5   (15)(9)
Total current liabilities:1421039283444838
Noncurrent Liabilities
Long-term debt and lease obligation3035874 2 
Long-term debt, excluding current maturities 3587    
Capital lease obligations  4 2 
Operating lease, liability30
Liabilities, other than long-term debt 241112
Accounts payable and accrued liabilities  1111 
Accrued income taxes2
Deferred tax liabilities, net23    
Other undisclosed noncurrent liabilities784130346
Total noncurrent liabilities:374696135479
Total liabilities:179148188218485547
Stockholders' equity
Stockholders' equity attributable to parent615580459401295289294
Common stock0000000
Additional paid in capital880863843833719712696
Accumulated other comprehensive income (loss)(2)13(4)(2)(2)(0)
Accumulated deficit(263)(284)(388)(429)(422)(421)(401)
Total stockholders' equity:615580459401295289294
TOTAL LIABILITIES AND EQUITY:794728647619343344341

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues552530548384282269232
Revenue, net548384282269232
Cost of revenue
(Cost of Goods and Services Sold)
(333)(319)(333)(281)(197)(191)(189)
Gross profit:219210216103867742
Operating expenses(181)(174)(169)(151)(90)(98)(101)
Operating income (loss):383646(48)(4)(21)(59)
Nonoperating income (expense)310(2)3(2)1
Investment income, nonoperating2110000
Foreign currency transaction loss, before tax     (2) 
Other nonoperating income (expense)0(0)(0)(3)301
Interest and debt expense(2)(3)(4)(0)   
Other undisclosed income from continuing operations before equity method investments, income taxes   0 2 
Income (loss) from continuing operations before income taxes:383442(50)(1)(20)(58)
Income tax expense (benefit)6870(1)44(0)10
Net income (loss) available to common stockholders, diluted:10610441(7)(2)(19)(58)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):10610441(7)(2)(19)(58)
Other comprehensive income (loss)(3)(2)7(2)(0)(2)(2)
Comprehensive income (loss), net of tax, attributable to parent:10210248(8)(2)(21)(60)

Statements sources

The financial statements are based on the company's filings with the 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.

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