FormFactor, Inc. (FORM) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments255221149140109188164
Cash and cash equivalents1871459891101146114
Short-term investments6876514974150
Restricted cash and investments22100  
Receivables108989784723746
Inventory, net of allowances, customer advances and progress billings99837868602726
Inventory99837868602726
Other undisclosed current assets231514141469
Total current assets:487419338306255258244
Noncurrent Assets
Operating lease, right-of-use asset3131
Property, plant and equipment104595447432425
Intangible assets, net (including goodwill)2722572572873155669
Goodwill2131991891901883131
Intangible assets, net (excluding goodwill)595868971272639
Restricted cash and investments2111100
Deferred income tax assets66 
Other noncurrent assets1112311
Other undisclosed noncurrent assets 71773333
Total noncurrent assets:47642139034136485100
TOTAL ASSETS:963840728647619343344
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities117776869654056
Accounts payable62414035341820
Accrued liabilities55362833302221
Employee-related liabilities      12
Taxes payable   1002
Debt1049301813  
Restructuring reserve      1
Deferred revenue and credits5546
Other undisclosed current liabilities28105   (15)
Total current liabilities:15513710392834448
Noncurrent Liabilities
Long-term debt and lease obligation534535874 2
Long-term debt, excluding current maturities25163587   
Capital lease obligations  4 2
Operating lease, liability2829
Liabilities, other than long-term debt5 24111
Accounts payable and accrued liabilities   1111
Deferred tax liabilities, net23   
Deferred income tax liabilities5 
Other undisclosed noncurrent liabilities6188413034
Total noncurrent liabilities:6562469613547
Total liabilities:2191991481882184855
Stockholders' equity
Stockholders' equity attributable to parent744641580459401295289
Common stock0000000
Additional paid in capital904886863843833719712
Accumulated other comprehensive income (loss)6(1)13(4)(2)(2)
Accumulated deficit(166)(244)(284)(388)(429)(422)(421)
Total stockholders' equity:744641580459401295289
TOTAL LIABILITIES AND EQUITY:963840728647619343344

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues694589530548384282269
Revenue, net548384282269
Cost of revenue
(Cost of Goods and Services Sold)
(406)(352)(319)(333)(281)(197)(191)
Gross profit:2882372102161038677
Operating expenses(204)(188)(174)(169)(151)(90)(98)
Operating income (loss):84503646(48)(4)(21)
Nonoperating income (expense)2310(2)3(2)
Investment income, nonoperating2311000
Foreign currency transaction loss, before tax      (2)
Other nonoperating income (expense)11(0)(0)(3)30
Interest and debt expense(1)(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:85513442(50)(1)(20)
Income tax expense (benefit)(7)(12)70(1)44(0)1
Net income (loss) available to common stockholders, diluted:793910441(7)(2)(19)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):793910441(7)(2)(19)
Other comprehensive income (loss) (1)(2)7(2)(0)(2)
Comprehensive income (loss):793810248(8)(2)(21)
Other undisclosed comprehensive income, net of tax, attributable to parent7      
Comprehensive income (loss), net of tax, attributable to parent:853810248(8)(2)(21)

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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