Intersil was founded in 1967 and is headquartered in Milpitas, US

President, Chief Executive Officer, and Director

Intersil has offices in Milpitas and Palm Bay

Milpitas, US (HQ)

1001 Murphy Ranch Rd

Palm Bay, US

1650 Robert J Conlan Blvd NE

## Founding Date | 1967 |

Intersil's revenue was reported to be $542.1 m in FY, 2016

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 575.2 m | 562.6 m | 521.6 m | 542.1 m |

## Revenue growth, % | (2%) | (7%) | 4% | |

## Cost of goods sold | 258.6 m | 235.8 m | 213.8 m | 219 m |

## Gross profit | 316.6 m | 326.8 m | 307.8 m | 323.2 m |

## Gross profit Margin, % | 55% | 58% | 59% | 60% |

## R&D expense | 130.8 m | |||

## General and administrative expense | 95.8 m | |||

## Operating expense total | 226.6 m | |||

## EBIT | 13.5 m | 74.7 m | (14.2 m) | 63.3 m |

## EBIT margin, % | 2% | 13% | (3%) | 12% |

## Interest income | 190 k | |||

## Pre tax profit | 13.9 m | 74.5 m | (14.8 m) | |

## Income tax expense | 11 m | 19.7 m | (22 m) | 14.7 m |

## Net Income | 2.9 m | 54.8 m | 7.2 m | 48.1 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 140.1 m | 147.8 m | 143.6 m | 134.2 m | 132.4 m | 128.4 m | 129.3 m | 134 m | 139 m |

## Cost of goods sold | 61.2 m | 62 m | 59.8 m | 53.8 m | 53.9 m | 52.3 m | 53.3 m | 54.4 m | 54.8 m |

## Gross profit | 78.9 m | 85.8 m | 83.8 m | 80.3 m | 78.5 m | 76.1 m | 76 m | 79.6 m | 84.2 m |

## Gross profit Margin, % | 56% | 58% | 58% | 60% | 59% | 59% | 59% | 59% | 61% |

## R&D expense | 31.8 m | 32.5 m | 31.2 m | 32 m | 33.1 m | 31.3 m | 33.7 m | 34.2 m | 31.3 m |

## General and administrative expense | 22.8 m | 27.1 m | 25.2 m | 25.5 m | 25.2 m | 23.5 m | 23.5 m | 25.2 m | 22.8 m |

## EBIT | 14.8 m | 20.7 m | 21.9 m | (63.8 m) | 16.2 m | 17.5 m | 15.2 m | 2.5 m | 22.8 m |

## EBIT margin, % | 11% | 14% | 15% | (48%) | 12% | 14% | 12% | 2% | 16% |

## Pre tax profit | 14.7 m | 20.8 m | 21.1 m | (63.3 m) | |||||

## Net Income | 10 m | 13.6 m | 13.9 m | (68.8 m) | 37.7 m | 17 m | 11.8 m | 1.4 m | 15.9 m |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 194.8 m | 211.2 m | 247.4 m | 224.5 m |

## Inventories | 62.4 m | 73.8 m | 65.3 m | 65.2 m |

## Current Assets | 339.8 m | 371.9 m | 370.2 m | 437.1 m |

## PP&E | 49.3 m | |||

## Goodwill | 565.4 m | 565.4 m | 571.8 m | 571.8 m |

## Total Assets | 1.2 b | 1.2 b | 1.1 b | 1.2 b |

## Accounts Payable | 26.2 m | 26.2 m | 23.4 m | 21 m |

## Current Liabilities | 129.9 m | 105.5 m | 168 m | 171.1 m |

## Non-Current Liabilities | 103.7 m | 67.2 m | 15.8 m | 10.7 m |

## Total Liabilities | 233.6 m | 172.7 m | 183.9 m | 181.8 m |

## Additional Paid-in Capital | 1.6 b | 1.6 b | 1.6 b | 1.5 b |

## Retained Earnings | (666.9 m) | (612.1 m) | (604.9 m) | (556.8 m) |

## Total Equity | 957.8 m | 981.5 m | 954.7 m | 983.5 m |

## Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.2 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 197.3 m | 201.2 m | 210.6 m | 220.9 m | 225 m | 228.9 m | 253.6 m | 256.9 m | 284 m |

## Inventories | 61.9 m | 65.1 m | 67.7 m | 77.8 m | 71.8 m | 69 m | 64.3 m | 69.5 m | 68.3 m |

## Current Assets | 338.2 m | 353.8 m | 362.6 m | 386 m | 381.1 m | 378.7 m | 387.4 m | 393.7 m | 432.7 m |

## Goodwill | 565.4 m | 565.4 m | 565.4 m | 565.4 m | 565.4 m | 571.8 m | 571.8 m | 571.8 m | 571.8 m |

## Total Assets | 1.2 b | 1.2 b | 1.2 b | 1.2 b | 1.1 b | 1.1 b | 1.2 b | 1.1 b | 1.2 b |

## Current Liabilities | 123 m | 117.8 m | 109.9 m | 189.7 m | 173.3 m | 171.2 m | 171.2 m | 178.7 m | 183 m |

## Non-Current Liabilities | 83.8 m | 82.9 m | 81.9 m | 67.2 m | 15.2 m | 17.1 m | 16.2 m | 15 m | 12.4 m |

## Additional Paid-in Capital | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.5 b | 1.6 b |

## Retained Earnings | (656.9 m) | (643.3 m) | (629.4 m) | (680.9 m) | (643.2 m) | (626.2 m) | (593.2 m) | (591.8 m) | (575.9 m) |

## Total Equity | 955.8 m | 968.2 m | 975.2 m | 906.5 m | 935.2 m | 943.3 m | 965.2 m | 951 m | 974.7 m |

## Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.3 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 2.9 m | 54.8 m | 7.2 m | 48.1 m |

## Depreciation and Amortization | 43.5 m | 41.7 m | 32.9 m | 11.7 m |

## Inventories | 12.5 m | (11 m) | 8.4 m | 126 k |

## Cash From Operating Activities | 106.7 m | 73.4 m | 36.2 m | |

## Cash From Investing Activities | (13 m) | (8.8 m) | (27.7 m) | (83.2 m) |

## Long-term Borrowings | (200 m) | |||

## Dividends Paid | (61.9 m) | (62.9 m) | (64.9 m) | (68.4 m) |

## Cash From Financing Activities | (57.6 m) | (46 m) | (51.5 m) | (43.2 m) |

## Income Taxes Paid | (9.4 m) | (42.2 m) | (64.1 m) | 8.1 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 10 m | 13.6 m | 13.9 m | (68.8 m) | 37.7 m | 17 m | 11.8 m | 1.4 m | 15.9 m |

## Depreciation and Amortization | 5.6 m | 5.6 m | 5.6 m | 5.6 m | 4 m | 3.8 m | 3.5 m | 2.9 m | 2.7 m |

## Inventories | 71.8 m | 69 m | 64.3 m | 69.5 m | 68.3 m | ||||

## Accounts Payable | 23.4 m | 24 m | 23.1 m | 24.2 m | 21.9 m |

Source: 85 public H-1B filings from Intersil

September 13, 2016

As the microchip industry consolidates, the Japanese company has emerged from years of restructuring as a leaner, cash-rich acquirer.

August 31, 2016

Some of the company's chips have military applications and are on U.S. regulators' munitions list.

August 22, 2016

It would be the latest in a trend of consolidation among global chipmakers.