beplay体育下载2KLA Corporation举报了2021财年第二季度结果

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- Total revenues were $1.65 billion, finishing near the high-end of guidance;

- GAAP diluted EPS attributable to KLA was $2.94, and non-GAAP diluted EPS attributable to KLA was $3.24, each also finishing above the mid-point of guidance;

- Cash flow from operations and free cash flow were both records at $561.1 million and $501.9 million, respectively;

- Capital return was $317.1 million with $139.6 million in dividends and $177.5 million in share repurchases

MILPITAS, Calif., Feb. 3, 2021 /PRNewswire/ --beplay体育下载2(NASDAQ: KLAC) today announced operating results for its second quarter of fiscal year 2021, which ended on Dec. 31, 2020, and reported GAAP net income attributable to KLA of $457 million and GAAP earnings per diluted share attributable to KLA of $2.94 on revenue of $1.65 billion.

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“我们的12月季度和日历2020年的结果展示了客户的持续强劲需求，我们的全球团队的特殊执行，以及我们的KLA运营模式在指导我们的战略目标方面的持久实力和弹性，”Rick华莱士总裁兼首席执行官KLA公司官员。beplay体育下载2“在12月季度，我们还产生了记录的自由现金流，同时继续我们对资本回报股东的承诺。”

GAAP Results

Q2 FY 2021

Q1 FY 2021

Q2 FY 2020

Total revenue

$1,651 million

1,539万美元

$1,509 million

Net Income Attributable to KLA

4.57亿美元

$421 million

$381 million

Earnings per Diluted Share Attributable to KLA

$2.94

$2.69

$2.40




Non-GAAP Results

Q2 FY 2021

Q1 FY 2021

Q2 FY 2020

Adjusted Net Income Attributable to KLA

$504 million

4.75亿美元

422万美元

Earnings per Diluted Share Attributable to KLA

$3.24

$3.03

$2.66

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。KLA将在今天开始于下午2点开始讨论其20021年第二季度第二季度第二季度第二季度的成果。Pt。该呼叫的网络广播将可用：www.kla.com。

Third Quarter Fiscal 2021 Guidance

The following details our guidance for the third quarter of fiscal 2021 ending in March:

  • Total revenue between $1,665 million to $1,815 million
  • GAAP diluted EPS attributable to KLA is expected to be in a range of $2.98 to $3.66
  • Non-GAAP diluted EPS attributable to KLA in a range of $3.23 to $3.91

For additional guidance metrics please see the company's published letter to shareholders and earnings slides on the KLA investor relations website.

About KLA:

KLA Corporation ("KLA") develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Investors and others should note that KLA announces material financial information including SEC filings, press releases, public earnings calls and conference webcasts using an investor relations website (ir.kla.com). Additional information may be found at:www.kla.com(KLAC-F).

Note Regarding Forward-Looking Statements:

This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements, including statements regarding our total revenue, GAAP and non-GAAP EPS attributable to KLA for the quarter ending Dec. 31, 2020, and growth of our Services business in 2020, are subject to risks and uncertainties. Factors that may cause actual results to differ materially from those projected and anticipated in the forward-looking statements in this release, include risks related to customer cancellations or push outs, our ability to deliver services during the COVID-19 pandemic, the introduction of new laws, regulations or orders that limit our ability to sell products to customers or to service products previously sold to customers and other risk factors included in KLA's annual report on Form 10-K for the year ended June 30, 2020 and other filings with the Securities and Exchange Commission (including, without limitation, the risk factors described therein). Except as otherwise specifically indicated, the information included in this release is as of the date it is delivered. KLA assumes no obligation to, and does not currently intend to, update these forward-looking statements.

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Condensed Consolidated Unaudited Balance Sheets






（成千上万）

Dec. 31, 2020

June 30, 2020

ASSETS


Cash, cash equivalents and marketable securities

$

2,296,530

$

1,980,472

Accounts receivable, net

1,219,189

1,107,413

Inventories

1,420,618

1,310,985

Other current assets

286,617

324,675

Land, property and equipment, net

594,185

519,824

Goodwill

2,045,445

2,045,402

Deferred income taxes, non-current

258,734

236,797

购买无形资产，网

1,289,843

1,391,413

Other non-current assets

403,483

362,979

总资产

$

9,814,644

$

9,279,960

LIABILITIES, NON-CONTROLLING INTEREST AND STOCKHOLDERS' EQUITY

Current liabilities:


Accounts payable

$

262,496

$

264,280

Deferred system revenue

274,642

336,237

延期服务收入

239,618

233,493

Short-term debt

20,000

—

Other current liabilities

1,223,356

865,776

Total current liabilities

2,020,112

1,699,786

Non-current liabilities:


Long-term debt

3,441,465

3,469,670

Deferred tax liabilities

646,028

660,885

延期服务收入

88,769

96,325

Other non-current liabilities

667,964

672,284

Total liabilities

6,864,338

6,598,950

股东权益：


Common stock and capital in excess of par value

2,104,190

2,090,268

Retained earnings

903,696

654,930

Accumulated other comprehensive income (loss)

(72,704)

(79,774)

Total KLA stockholders' equity

2,935,182

2,665,424

Non-controlling interest in consolidated subsidiary

15,124

15,586

Total stockholders' equity

2,950,306

2,681,010

Total liabilities and stockholders' equity

$

9,814,644

$

9,279,960

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浓缩的综合未经审核的业务陈述














Three Months Ended Dec. 31,

Six Months Ended Dec. 31,

(In thousands, except per share amounts)

2020

2019

2020

2019

Revenues:






Product

$

1,238,023

$

1,144,550

$

2,383,518

$

2202525年

服务

412,847

364,903

805,972

720,342

总收入

1,650,870

1,509,453

3,189,490

2,922,867

Costs and expenses:






Costs of revenues

669,733

633,618

1,290,295

1,237,859

研究与开发

229,064

220,751

448,102

431,331

Selling, general and administrative

181,909

192,253

354,540

380,598

Interest expense

38,880.

40,472

78,266

80,822

Other expense (income), net

3,882

（2,568）

7,079

(4,186)

所得税前收入

527,402

424,927

1,011,208

796,443

所得税准备

70,419

44,622

134,083

69,742

Net income

456,983

380,305

877,125

726,701

Less: Net loss attributable to non-controlling interest

(268)

(250)

(693)

(379)

Net income attributable to KLA

$

457,251

$

380,555

$

877,818

$

727,080

每股净收入归因于KLA：






基本的

$

2.96

$

2.42

$

5.67

$

4.60

Diluted

$

2.94

$

2.40

$

5.62

$

4.56

Weighted-average number of shares:






基本的

154273年

157,290

154777年

157,994

Diluted

155,560

158,620

156,057

159,314

beplay体育下载2
Condensed Consolidated Unaudited Statements of Cash Flows


Three Months Ended

Dec. 31,

（成千上万）

2020

2019

Cash flows from operating activities:


Net income

$

456,983

$

380,305

Adjustments to reconcile net income to net cash provided by operating activities:


Depreciation and amortization

84,257

88,534

（收益）未实现的外汇和其他

(5,663)

(5,550)

资产减值charges

—

100

基于股票的补偿费用

26,827

26,789

Changes in assets and liabilities, net of assets acquired and liabilities assumed in business acquisitions:


Accounts receivable

（190,189）

(126,682)

Inventories

(26,215)

(1,477)

Other assets

(56,390)

3,558

Accounts payable

8,039

35,258

Deferred system revenue

21,038

（30,412）

延期服务收入

2,215

1,220

Other liabilities

240,179

16,088

Net cash provided by operating activities

561,081

387,731

Cash flows from investing activities:


Proceeds from sale of assets

741

—

Capital expenditures

(59,144)

(34,874)

Purchases of available-for-sale securities

(260,227)

（144,715）

Proceeds from sale of available-for-sale securities

57,563

10,287

Proceeds from maturity of available-for-sale securities

163,492

158,699

Purchases of trading securities

(16741)

(12,852)

Proceeds from sale of trading securities

18,424

15,307

Net cash used in investing activities

(95,892)

(8,148)

Cash flows from financing activities:


Proceeds from issuance of debt, net of issuance costs

40,343

—

Proceeds from revolving credit facility

—

250,000

偿还债务

—

(275,000)

Common stock repurchases

（177,492）

(284,593)

Payment of dividends to stockholders

(139,584)

(134,696)

Issuance of common stock

26,356

24,499

Tax withholding payments related to equity awards

（11,000）

（12,237）

Payment of contingent consideration payable

—

(3)

用于融资活动的净现金

（261,377）

(432,030)

Effect of exchange rate changes on cash and cash equivalents

11,834

3,963

Net increase (decrease) in cash and cash equivalents

215,646.

(48,484)

Cash and cash equivalents at beginning of period

1,215,820

988,348

期末现金和现金等价物

$

1431466年

$

939,864

Supplemental cash flow disclosures:


Income taxes paid

$

59,764

$

50,884

Interest paid

$

36,925

$

53,140

Non-cash activities:


Accrued purchase of land, property and equipment - investing activities

$

25,987

$

13,755

Contingent consideration payable - financing activities

$

(5,761)

$

(3,540)

Dividends payable - financing activities

$

812

$

1,638

Unsettled common stock repurchase - financing activities

$

6,000

$

4,000

beplay体育下载2
Segment Information (Unaudited)

The following is a summary of results for each of our four reportable segments and reconciliation to total revenues for the indicated periods:


Three Months Ended Dec. 31,

Six Months Ended Dec. 31,

(In thousands)

2020

2019

2020

2019

Revenues:






Semiconductor Process Control

$

1,380,184

$

1,247,430

$

2,648,138

$

2,411,062

Specialty Semiconductor Process

90,587

75,106

179,540

144,245

PCB, Display and Component Inspection

179,267

186,279

360,444

364,831

Other

449

517

590

2,748

可报告细分的总收入

1,650,487

1,509,332

3,188,712

2,922,886

外汇汇率的企业分配和影响

383

121

778

(19)

总收入

$

1,650,870

$

1,509,453

$

3,189,490

$

2,922,867

beplay体育下载2
Condensed Consolidated Unaudited Supplemental Information

GAAP净收入和GAAP净收入的对账，每次摊款净收入和每次摊薄股的非GAAP盈利




Three Months Ended

Six Months Ended

(In thousands, except per share amounts)

Dec. 31,
2020

Sept. 30,
2020

Dec. 31,
2019

Dec. 31,
2020

Dec. 31,
2019

GAAP净收入可归因于KLA

$

457,251

$

420,567

$

380,555

$

877,818

$

727,080

Adjustments to reconcile GAAP net income to non-GAAP net income:










Acquisition-related charges

a

53,099

50,475

60,393

103,574

133,756

Restructuring, severance and other charges

b

3,960

3,253

2,786

7,213

2,786

所得税会计准则调整的效果ments

c

(17,552)

(17,013)

(21,505)

(34,565)

(43,771)

Discrete tax items

d

7,381

17,487

—

24,868

—

Non-GAAP net income attributable to KLA

$

504,139

$

474,769

$

422,229

$

978,908

$

819,851

GAAP净收入，每个摊薄股份归属于KLA

$

2.94

$

2.69

$

2.40

$

5.62

$

4.56

Non-GAAP net income per diluted share attributable to KLA

$

3.24

$

3.03

$

2.66

$

6.27

$

5.15

Shares used in diluted shares calculation

155,560

156,442

158,620

156,057

159,314

Pre-tax impact of GAAP to non-GAAP adjustments included in Condensed Consolidated Unaudited Statements of Operations

In thousands

Acquisition - Related
收费

Restructuring,
Severance and
Other Charges

Total pre-tax
GAAP to non-
GAAP Adjustments

截至12月31日止三个月，2020年12月31日




Costs of revenues

$

38,738

$

765

$

39,503

研究与开发

—

1,432

1,432

Selling, general and administrative

14,361

2,450

16,811

Other expense (income), net

—

（687）

（687）

Total in three months ended Dec. 31, 2020

$

53,099

$

3,960

$

57,059

截至9月30日，截至2020年9月30日三个月




Costs of revenues

$

37,040

$

636

$

37,676

研究与开发

—

923

923

Selling, general and administrative

13,435

1,933

15,368

Other expense (income), net

—

（239）

（239）

Total in three months ended Sept. 30, 2020

$

50,475

$

3,253

$

53,728

截至2019年12月31日止三个月




Costs of revenues

$

40,590

$

831

$

41,421

研究与开发

—

802

802

Selling, general and administrative

19,803

1,153

20,956

Total in three months ended Dec. 31, 2019

$

60,393

$

2,786

$

63,179

自由现金流量和解



Three Months Ended Dec. 31,

（成千上万）

2020

2019

Net cash provided by operating activities

$

561,081

$

387,731

Capital expenditures

(59,144)

(34,874)

自由现金流

$

501,937

$

352,857


Third Quarter Fiscal 2021 Guidance

Reconciliation of GAAP Diluted EPS to Non-GAAP Diluted EPS



Three Months Ending March 31, 2021

(In millions, except per share amounts)

低的

High

GAAP净收入，每个摊薄股份归属于KLA

$2.98

$3.66

Acquisition-related charges

a

0.34

0.34

Restructuring, severance and other charges

b

0.02

0.02

所得税会计准则调整的效果ments

c

(0.11)

(0.11)

Non-GAAP net income per diluted share attributable to KLA

$3.23

$3.91

Shares used in net income per diluted share calculation

155.2

155.2

The Non-GAAP and supplemental information provided in this press release is a supplement to, and not a substitute for, KLA's financial results presented in accordance with United States GAAP.

To supplement our Condensed Consolidated Financial 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, including non-GAAP net income attributable to KLA, non-GAAP net income per diluted share attributable to KLA and Free Cash Flow, 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 to help investors compare our operating performances with our results in prior periods as well as with the performance of other companies. 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 are inherently subject to significant discretion (for example, determining which costs and expenses to exclude when calculating such a metric). 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. The following are descriptions of the adjustments made to reconcile GAAP net income attributable to KLA to non-GAAP net income attributable to KLA:

一种。

Acquisition-related charges primarily include amortization of intangible assets and other acquisition-related adjustments including adjustments for the fair valuation of inventory and backlog, and transaction costs associated with our acquisitions, primarily Orbotech. Management believes that the expense associated with the amortization of acquisition-related intangible assets is appropriate to be excluded because a significant portion of the purchase price for acquisitions may be allocated to intangible assets and exclusion of these expenses allows comparisons of operating results that are consistent over time for both KLA's newly acquired and long-held businesses. Management believes that the other acquisition-related expenses are appropriate to be excluded because such costs would not have otherwise been incurred in the periods presented.


b.

Restructuring, severance and other charges primarily include costs associated with employee severance, acceleration of certain stock-based compensation arrangements, and other exit costs.


c.

所得税会计准则调整的效果ments includes the income tax effects of the excluded items noted above.


d.

Discrete tax items in the three months ended Dec. 31, 2020 consist primarily of a tax expense of $4.0 million from an internal restructuring. Discrete tax items in the three months ended Sept. 30, 2020 include a tax expense of $14.0 million due to an increase in deferred tax liability on purchased intangibles relating to an increase in the United Kingdom statutory income tax rate as well as tax expense from a restructuring. Discrete tax items in the six months ended Dec. 31, 2020 are the aggregate of the aforementioned discrete tax items.

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来源KLA公司beplay体育下载2

Released February 3, 2021