Microsemi revenue was $1.81 b in FY, 2017 which is a 9.5% year over year increase from the previous period.

## Founding Date | 1959 |

Microsemi is a subsidiary of Microchip

Microsemi revenue breakdown by business segment: 26.1% from Aerospace & Defense, 35.4% from Communications, 23.3% from Data Center and 15.2% from Industrial

Microsemi revenue breakdown by geographic segment: 33.0% from United States, 12.7% from Europe, 50.9% from Asia and 3.4% from Other

USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|

## Revenue | 1.1b | 1.2b | 1.7b | 1.8b |

| 17% | 9% | 33% | 9% |

## Cost of goods sold | 526.8m | 561.3m | 717.9m | 654.3m |

## Gross profit | 611.5m | 684.3m | 937.1m | 1.2b |

| 54% | 55% | 57% | 64% |

## R&D expense | 192.0m | 200.3m | 309.1m | 341.6m |

## General and administrative expense | 240.9m | 249.5m | 352.4m | 330.7m |

## Operating expense total | 557.3m | 561.7m | 883.4m | 887.2m |

## EBIT | 54.2m | 122.6m | 53.7m | 270.3m |

| 5% | 10% | 3% | 15% |

## Interest expense | 27.8m | 27.3m | 120.1m | 97.7m |

## Pre tax profit | 23.9m | 96.9m | (25.4m) | 136.1m |

## Income tax expense | 793.0k | 12.3m | 7.2m | (40.2m) |

## Net Income | 23.1m | 84.6m | (32.6m) | 176.3m |

USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|

## Cash | 162.2m | 256.4m | 189.5m | 144.9m |

## Accounts Receivable | 191.2m | 186.9m | 245.2m | 267.9m |

## Inventories | 205.0m | 227.2m | 213.1m | 239.1m |

## Current Assets | 618.6m | 736.6m | 734.9m | 726.9m |

## PP&E | 148.7m | 152.7m | 174.9m | 197.6m |

## Goodwill | 885.6m | 1.1b | 2.5b | 2.5b |

## Total Assets | 2.1b | 2.5b | 4.4b | 4.3b |

## Accounts Payable | 75.5m | 82.3m | 112.8m | 164.9m |

## Short-term debt | 32.5m | 40.7m | 61.1m | |

## Current Liabilities | 161.2m | 201.6m | 319.6m | 379.4m |

## Long-term debt | 693.4m | 953.9m | 2.1b | 1.7b |

## Non-Current Liabilities | 46.9m | 46.3m | 115.8m | 110.0m |

## Total Debt | 693.4m | 986.4m | 2.2b | 1.8b |

## Total Liabilities | 208.1m | 247.9m | 435.4m | 489.4m |

## Common Stock | 19.1m | 19.0m | 22.7m | 23.3m |

## Additional Paid-in Capital | 799.1m | 808.1m | 1.4b | 1.4b |

## Retained Earnings | 298.6m | 383.2m | 350.6m | 526.9m |

## Total Equity | 1.1b | 1.2b | 1.7b | 2.0b |

## Debt to Equity Ratio | 0.6 x | 0.8 x | 1.3 x | 0.9 x |

## Debt to Assets Ratio | 0.3 x | 0.4 x | 0.5 x | 0.4 x |

## Financial Leverage | 1.8 x | 2 x | 2.6 x | 2.2 x |

USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|

## Net Income | 23.1m | 84.6m | (32.6m) | 176.3m |

## Depreciation and Amortization | 125.7m | 132.7m | 161.2m | 240.4m |

## Accounts Receivable | 5.2m | 13.8m | (22.1m) | (20.2m) |

## Inventories | 10.3m | 11.1m | 80.2m | (17.6m) |

## Accounts Payable | (5.5m) | (2.9m) | (35.8m) | 47.2m |

## Cash From Operating Activities | 206.7m | 269.3m | 274.6m | 474.7m |

## Purchases of PP&E | (39.4m) | (44.1m) | (48.8m) | (54.7m) |

## Cash From Investing Activities | (336.0m) | (403.2m) | (1.4b) | (94.4m) |

## Short-term Borrowings | (178.0m) | (142.7m) | (132.4m) | (826.5m) |

## Cash From Financing Activities | 35.0m | 228.1m | 1.1b | (424.9m) |

## Net Change in Cash | (94.3m) | 94.2m | 66.9m | (44.6m) |

## Interest Paid | 29.2m | 27.4m | 89.1m | 104.9m |

## Income Taxes Paid | 3.9m | 3.3m | 11.2m | 6.9m |

USD | FY, 2014 |
---|---|

## Debt/Equity | 0.6 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 1.8 x |