Company Information

  

Address: 5775 MOREHOUSE DR  
City: SAN DIEGO 
State: CA 
Zip Code: 92121 
Telephone: 858-587-1121 

Description of Business

Primary SIC Code: 3663
(As filed with the SEC)  

We incorporated in California in 1985 and reincorporated in Delaware in 1991. We operate and report using a 52-53 week fiscal year ending on the last Sunday in September. Our 52-week fiscal years consist of four equal fiscal quarters of 13 weeks each, and our 53-week fiscal years consist of three 13-week fiscal quarters and one 14-week fiscal quarter. The financial results for our 53-week fiscal years and our 14-week fiscal quarters will not be exactly comparable to our 52-week fiscal years and our 13-week fiscal quarters. The fiscal years ended September 24, 2017, September 25, 2016 and September 27, 2015 included 52 weeks. Overview We are a global leader in the development and commercialization of foundational technologies and products used in mobile devices and other wireless products, including network equipment, broadband gateway equipment and consumer electronic devices. Our inventions helped power the growth in smartphones, which have connected billions of people.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2017-2.820.570N/E
09/20171.650.57031.42
06/20172.610.57021.16
03/20173.000.53019.11
12/20163.280.53019.88
09/20163.810.53017.98
06/20163.430.53015.62
03/20163.190.48016.03

Key Financial Ratios and Statistics

FYE: 09/24

Profitability 2017 Leverage 2017
Net Inc/Comm Equity9.00Total Liab/Total Assets0.53
Net Inc/Total Assets0.04Total Liab/Inv Cap0.67
Net Inc/Inv Cap0.05Total Liab/Comm Equity126.79
Pretax Inc/Net Sales0.14Interest Coverage Ratio7.11
Net Inc/Net Sales0.11Curr Debt/Equity0.08
Cash Flow/Net Sales0.21LTD/Equity0.63
SG&A/NetSales0.20Total Debt/Equity0.71
Asset Utilization   Liquidity  
Net Receivables Turnover7.62Quick Ratio3.81
Inventory Turnover5.45Current Ratio4.00
Inventory Day Sales0.01Net Rec/Curr Assets0.08
Net Sales/Work Cap0.68Inv/Curr Assets0.05
Net Sales/PP&E6.93  

Income Statement (Millions)

  12/24/2017 9/24/2017 6/25/2017 3/26/2017
Total Revenues(Net Sales) 6,068.00 5,904.00 5,372.00 5,016.00
Cost of Goods Sold 2,663.00 2,652.00 2,489.00 2,208.00
Selling & Admin Exps 1,956.00 1,521.00 719.00 693.00
Operating Income 29.00 333.00 774.00 729.00
Interest Exp 170.00 164.00 133.00 107.00
Pretax Income -27.00 434.00 859.00 857.00
Other Income 114.00 265.00 218.00 235.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -5,953.00 169.00 866.00 749.00

Balance Sheet (Millions)

Assets 12/24/2017 9/24/2017 6/25/2017 3/26/2017
Cash & Short Term Investments 35,403.00 37,308.00 20,863.00 9,982.00
Receivables - Total 3,053.00 3,632.00 3,532.00 4,201.00
Inventories - Total 1,872.00 2,035.00 2,002.00 2,066.00
Total Current Assets 40,966.00 43,593.00 27,021.00 16,908.00
Net Property, Plant & Equipment 3,224.00 3,216.00 3,164.00 3,065.00
Total Assets 64,351.00 65,486.00 64,379.00 56,079.00
Liabilities        
Accounts Payable 2,726.00 3,154.00 2,597.00 2,184.00
Debt in Current Liabilities 3,465.00 2,495.00 2,495.00 1,998.00
Total Current Liabilities 12,027.00 10,907.00 9,163.00 10,145.00
Long-Term Debt 19,381.00 19,398.00 19,403.00 9,939.00
Total Liabilities 40,427.00 34,740.00 33,085.00 24,735.00
Stockholder's Equity        
Minority Interest NA 0.00 -11.00 -10.00
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 265.00 274.00 225.00 346.00
Retained Earnings 23,273.00 30,088.00 30,778.00 30,768.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 23,924.00 30,746.00 31,294.00 31,344.00
Total Liabilities and Stockholders' Equity 64,351.00 65,486.00 64,379.00 56,079.00

Cash Flow Summary (Millions)

Categories 12/24/2017 9/24/2017 6/25/2017 3/26/2017
Net Cash Provided by Operating Activities 1,762.00 2,417.00 82.00 608.00
Net Cash Provided by Investing Activities -3,261.00 18,805.00 -1,102.00 79.00
Net Cash Provided by Financing Activities -165.00 -1,122.00 8,771.00 -459.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
09/201324,866.006,853.003.91
09/201426,487.007,967.004.40
09/201525,281.005,271.003.22
09/201623,554.005,705.003.81
09/201722,291.002,466.001.65
Growth Rates-2.70-22.55-19.40

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1816331,163,49078.59




Report Date : 4/16/2018

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