Kulicke and Soffa Industries, Inc. (KLIC) Financial Statements (2024 and earlier)

Company Profile

Business Address 23A SERANGOON NORTH AVENUE 5, #01-01
SINGAPORE, 554369
State of Incorp. PA
Fiscal Year End September 30
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
12/31/2022
MRQ
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments795,613775,537739,788530,127593,184613,630
Cash and cash equivalents550,613555,537362,788188,127364,184320,630
Short-term investments245,000220,000377,000342,000229,000293,000
Restricted cash and investments      518
Receivables200,337309,323421,193198,640195,830243,373
Inventory, net of allowances, customer advances and progress billings211,637184,986167,323111,80989,308115,191
Inventory211,637184,986167,323111,80989,308115,191
Other undisclosed current assets63,12262,20023,58619,62015,42914,561
Total current assets:1,270,7091,332,0461,351,890860,196893,751987,273
Noncurrent Assets
Operating lease, right-of-use asset45,37741,76741,59222,688 
Property, plant and equipment92,81980,90867,98259,14772,37076,067
Long-term investments and receivables    1,2141,2501,373
Long-term investments    1,2141,2501,373
Intangible assets, net (including goodwill)103,817100,035115,70194,66798,342109,421
Goodwill70,53668,09672,94956,69555,69156,550
Intangible assets, net (excluding goodwill)33,28131,93942,75237,97242,65152,871
Deferred income tax assets28,41425,57215,7158,147 
Other noncurrent assets3,2492,8742,3632,1862,4942,589
Other undisclosed noncurrent assets5,4335,3976,3886,32111,4099,017
Total noncurrent assets:279,109256,553249,741194,370185,865198,467
TOTAL ASSETS:1,549,8181,588,5991,601,6311,054,5661,079,6161,185,740
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities133,210126,227333,084105,38483,079120,660
Interest and dividends payable8,6737,3977,5828,057
Taxes payable30,76617,54012,49419,571
Employee-related liabilities66,53122,75926,29244,505
Accounts payable57,48267,311154,63657,68836,71148,527
Accrued liabilities75,72858,91672,478   
Debt    5,903  
Other liabilities14,28910,5657,6676,2047,2269,687
Other undisclosed current liabilities73,556111,88911,12440,40284,33743,729
Total current liabilities:221,055248,681351,875157,893174,642174,076
Noncurrent Liabilities
Long-term debt and lease obligation:   38,08418,325  
Liabilities, other than long-term debt151,534145,268116,435120,35489,65090,679
Accounts payable and accrued liabilities64,64164,63469,42274,95780,29081,491
Deferred income tax liabilities34,13934,03732,82833,005 
Other liabilities12,42911,67014,18512,3929,3609,188
Operating lease, liability40,32534,92738,08418,325 
Other undisclosed noncurrent liabilities     46,26140,778
Total noncurrent liabilities:151,534145,268154,519138,679135,911131,457
Total liabilities:372,589393,949506,394296,572310,553305,533
Equity
Equity, attributable to parent1,177,2291,194,6501,095,237757,994769,063880,207
Common stock561,736561,684550,117539,213533,590519,244
Treasury stock, value(714,713)(675,800)(400,412)(394,817)(349,212)(248,664)
Accumulated other comprehensive loss(15,255)(32,900)(3,022)(2,521)(9,940)(3,902)
Retained earnings1,345,4611,341,666948,554616,119594,625613,529
Total equity:1,177,2291,194,6501,095,237757,994769,063880,207
TOTAL LIABILITIES AND EQUITY:1,549,8181,588,5991,601,6311,054,5661,079,6161,185,740

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

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Revenues1,218,9651,503,6201,517,664623,176540,052889,121
Revenue, net889,121
Cost of revenue
(Cost of Goods and Services Sold)
(605,177)(755,300)(820,678)(325,201)(285,462)(479,680)
Gross profit:613,788748,320696,986297,975254,590409,441
Operating expenses(283,004)(278,248)(284,539)(239,466)(232,980)(242,809)
Operating income:330,784470,072412,44758,50921,610166,632
Nonoperating income
(Investment Income, Nonoperating)
13,2127,1242,3217,54115,13211,971
Interest and debt expense(202)(208)(218)(1,716)(2,055)(1,054)
Income from continuing operations before income taxes:343,794476,988414,55064,33434,687177,549
Income tax expense(29,266)(43,443)(47,295)(11,998)(22,910)(120,744)
Income from continuing operations:314,528433,545367,25552,33611,77756,805
Income before gain (loss) on sale of properties:299,939367,25552,33611,77756,805
Net income:314,528433,545367,25552,33611,77756,805
Other undisclosed net loss attributable to parent   (94)(36)(124)(129)
Net income available to common stockholders, basic:314,528433,545367,16152,30011,65356,676
Dilutive securities, effect on basic earnings per share   1,506   
Net income available to common stockholders, diluted:314,528433,545368,66752,30011,65356,676

Comprehensive Income ($ in thousands)

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Net income:314,528433,545367,25552,33611,77756,805
Comprehensive income:314,528433,545367,25552,33611,77756,805
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(11,244)(29,878)(595)7,383(6,162)(6,070)
Comprehensive income, net of tax, attributable to parent:303,284403,667366,66059,7195,61550,735

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: