Lattice Semiconductor is headquartered in Portland, US

President and Chief Executive Officer

Chief Financial Officer

Chief Technology Officer

Chief Operating Officer

Corporate Vice President, General Counsel, and Secretary

Corporate Vice President, Research and Development

Corporate Vice President, Operations

Lattice Semiconductor has offices in Portland, Minhang Qu, Muntinlupa, San Jose and in 1 other location

Portland, US (HQ)

700 111 Sw 5th Ave

San Jose, US

2115 O'nel Dr

Muntinlupa, PH

Real Street

Minhang Qu, CN

1036号 Tian Lin Lu

Lattice Semiconductor's revenue was reported to be $104.6 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 104.6 m |

## Net income (Q1, 2017) | (7.3 m) |

## EBIT (Q1, 2017) | (702 k) |

## Market capitalization (25-Jul-2017) | 831.9 m |

## Cash (01-Apr-2017) | 97.5 m |

Lattice Semiconductor's current market capitalization is $831.9 m.

- Source: SEC Filings

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

## Revenue | 332.5 m | 406 m | 427.1 m |

## Revenue growth, % | 22% | 5% | |

## Cost of goods sold | 154.3 m | 159.9 m | |

## Gross profit | 178.2 m | 246 m | |

## Gross profit Margin, % | 54% | 61% | |

## R&D expense | 117.5 b | ||

## Operating expense total | 151.5 m | 328.3 m | 117.5 b |

## EBIT | 26.8 m | (107.2 m) | (26.7 b) |

## EBIT margin, % | 8% | (26%) | (6252%) |

## Interest expense | 18.4 m | 20.3 b | |

## Pre tax profit | 26.5 m | ||

## Income tax expense | 4.2 m | (5.6 m) | 9.9 b |

## Net Income | 22.3 m | (159.5 m) | (54.1 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 99.3 m | 86.6 m | 88.6 m | 106.5 m | 109.7 m | 96.5 m | 99.2 m | 113.2 m | 104.6 m |

## Cost of goods sold | 44.3 m | 35.8 m | |||||||

## Gross profit | 55 m | 50.8 m | |||||||

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

## R&D expense | 22.3 m | 22.1 m | 27.6 m | 39.6 m | 37.6 m | 32.6 m | 30.9 m | 27.7 m | 27.4 m |

## General and administrative expense | 18.8 m | 17.6 m | 21.1 m | 28.2 m | |||||

## Operating expense total | 41.1 m | 39.7 m | 48.7 m | 67.7 m | 37.6 m | 32.6 m | 30.9 m | 27.7 m | 27.4 m |

## EBIT | 13.1 m | 10.4 m | (26.9 m) | (25.9 m) | (18 m) | (13.4 m) | (6.4 m) | (6 m) | (702 k) |

## EBIT margin, % | 13% | 12% | (30%) | (24%) | (16%) | (14%) | (6%) | (5%) | (1%) |

## Interest expense | (1.6 m) | (5.5 m) | (5.8 m) | (5 m) | (5.1 m) | (5.2 m) | (5.6 m) | ||

## Pre tax profit | 14 m | 10.4 m | (28.7 m) | (31.6 m) | (24.7 m) | ||||

## Income tax expense | 2.2 m | 1 m | 24.7 m | 4.1 m | 309 k | 1.9 m | 4.5 m | 971 k | 518 k |

## Net Income | 11.8 m | 33.2 m | (53.4 m) | (35.7 m) | (25 m) | (19.7 m) | (13.8 m) | (12.4 m) | (7.3 m) |

- Source: SEC Filings

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

## Cash | 114.3 m | 84.6 m | 106.6 m |

## Accounts Receivable | 50.1 m | 62.4 m | 704 m |

## Inventories | 46.2 m | 64.9 m | 79.2 m |

## Current Assets | 325.8 m | 285.9 m | 314.7 m |

## Goodwill | 44.8 m | 267.5 m | 269.8 m |

## Total Assets | 447.9 m | 785.9 m | 766.9 m |

## Accounts Payable | 37.5 m | 32.2 m | 80.9 m |

## Total Debt | 338.4 m | 334.6 m | |

## Current Liabilities | 58.6 m | 111.2 m | 157.6 m |

## Total Liabilities | 496.5 m | ||

## Additional Paid-in Capital | 626.9 m | 660.1 m | 680.3 m |

## Retained Earnings | (242.2 m) | (352.8 m) | (406.9 m) |

## Total Equity | 385.7 m | 305.5 m | 270.4 m |

## Debt to Equity Ratio | 1.1 x | 1.2 x | |

## Debt to Assets Ratio | 0.4 x | 0.4 x | |

## Financial Leverage | 1.2 x | 2.6 x | 2.8 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 138 m | 123 m | 119.6 m | 101.5 m | 112.4 m | 104.6 m | 110.5 m | 87.2 m | 97.5 m |

## Accounts Receivable | 66.3 m | 49.8 m | |||||||

## Inventories | 59.3 m | 65.1 m | 80.6 m | 80.8 m | 79 m | 82.6 m | 86.7 m | 80.5 m | 77.8 m |

## Current Assets | 386.5 m | 388.6 m | 344.4 m | 316.3 m | 301.2 m | 300.5 m | 307.6 m | 292 m | 273 m |

## Goodwill | 44.8 m | 44.8 m | 268.7 m | 270.1 m | 280.2 m | 269.8 m | 269.8 m | 269.8 m | 269.8 m |

## Total Assets | 501.7 m | 502.1 m | 877.8 m | 841.6 m | 831.5 m | 793.6 m | 789.5 m | 756.3 m | 711.4 m |

## Accounts Payable | 37.8 m | 36.9 m | 78.3 m | 73.9 m | 79.4 m | 90.8 m | 93.6 m | 77 m | 45.2 m |

## Current Liabilities | 71.9 m | 60.5 m | 117.3 m | 112.3 m | 110.8 m | 125.8 m | 153 m | 135.2 m | 106.3 m |

## Additional Paid-in Capital | 640.3 m | 644.9 m | 637.9 m | 642.6 m | 647.2 m | 665.2 m | 669.8 m | 674.6 m | 684.6 m |

## Retained Earnings | (218.4 m) | (209 m) | (247 m) | (282.5 m) | (307.4 m) | (372.6 m) | (386.4 m) | (398.8 m) | (414.6 m) |

## Total Equity | 422.6 m | 434.4 m | 389 m | 359.4 m | 338.5 m | 291.2 m | 281.4 m | 273.7 m | 267.5 m |

## Financial Leverage | 1.2 x | 1.2 x | 2.3 x | 2.3 x | 2.5 x | 2.7 x | 2.8 x | 2.8 x | 2.7 x |

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

## Net Income | 22.3 m | 48.6 m | (54.1 m) |

## Depreciation and Amortization | 20.8 m | 22.2 m | 61.8 m |

## Accounts Receivable | (3.1 m) | (12 m) | (11.4 m) |

## Inventories | (2 m) | (19 m) | (3.3 m) |

## Accounts Payable | 3.6 m | (7.8 m) | 8.3 m |

## Cash From Operating Activities | 56.5 m | 40.1 m | 41.7 m |

## Capital Expenditures | (12.5 m) | (16.7 m) | |

## Cash From Investing Activities | (56.4 m) | (34.1 m) | (17.4 m) |

## Long-term Borrowings | (2.6 m) | (5.2 m) | |

## Cash From Financing Activities | (3.8 m) | (4.3 m) | (1.1 m) |

## Interest Paid | 11.1 m | 18.2 m | |

## Income Taxes Paid | 1.4 m | 1.6 m | 9.4 m |

## Free Cash Flow | 69 m | 25 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 11.8 m | 33.2 m | (53.4 m) | (35.7 m) | (25 m) | (19.7 m) | (13.8 m) | (12.4 m) | (7.3 m) |

## Depreciation and Amortization | 737 k | 16.9 m | 7.9 m | ||||||

## Accounts Receivable | 66.3 m | 323 k | 12.3 m | ||||||

## Inventories | 59.3 m | (18.9 m) | 5.2 m | ||||||

## Accounts Payable | 37.8 m | (3 m) | (2.7 m) | ||||||

## Cash From Operating Activities | 39.3 m | (15 k) | |||||||

## Capital Expenditures | (6.9 m) | ||||||||

## Cash From Investing Activities | (38 m) | (326.9 m) | |||||||

## Cash From Financing Activities | 6.8 m | 331 m | |||||||

## Income Taxes Paid | 1.1 m | 1.1 m | |||||||

## Free Cash Flow | 32.4 m |

Y, 2017 | |
---|---|

## Financial Leverage | 2.7 x |

Lattice Semiconductor's Devices Sold was reported to be 2 b in FY, 2016

Source: 17 public H-1B filings from Lattice Semiconductor