Slide 1: First Quarter FY 2016 Earnings Summary
First Quarter FY 2016 Earnings Summary April 26, 2016 R 4.0 Exhibit 99.2
Slide 2: Forward-Looking Statements and Non-GAAP Disclosures
Forward-Looking Statements and Non-GAAP Disclosures Certain information contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current management expectations
Slide 3: Summary – Consolidated Statement of Operations
($ Millions) 1Q16 1Q16 Guidance 4Q15 1Q15 1Q16 over 4Q15 1Q16 over 1Q15 Summary – Consolidated Statement of Operations Summary – Consolidated Statement of Operations Net Revenue $267.0 $250 to $265 $266.8 $263.4 0.1% 1.4% Gross Margin 43.0% 42% to 43% 41.0% 44.2% 4.9% (2.7%) Non-GAAP Operating Expen
Slide 4: Results By Segment
Results By Segment Results By Segment Sales by Segment 4Q15 1Q16 4Q15 1Q16 $ in Millions Profit Margin by Segment (1) 4Q15 1Q16 4Q15 1Q16 % Sales 1. Excludes amortization of intangibles and unallocated expenses. 20.2% 21.3% 22.8% 21.4% Critical Materials Handling Electronic Materials $163.6 $103.2 $
Slide 5: Revenue by Geography
Revenue by Geography Revenue by Geography Revenue By Geography Asia Japan Europe N. America 4Q15 1Q16 Revenue by Geography Sequential Trends $ in Millions 4Q15 1Q16 4Q15 1Q16 4Q15 1Q16 Q1-2016 $61.1 $143.6 $34.3 $27.8 $64.0 $141.2 $35.2 $26.7 US Asia Japan Europe
Slide 6: Summary – Balance Sheet Items
1Q16 4Q15 1Q15 Summary – Balance Sheet Items Summary – Balance Sheet Items ($ Millions) $ Amount % Total $ Amount % Total $ Amount % Total Cash & Cash Equivalents $344.4 20.8% $349.8 21.2% $341.4 19.9% Accounts Receivable, net $149.8 9.1% $141.4 8.6% $184.7 10.7% Inventories $184.0 11.1% $173.2 10.5
Slide 7: EBITDA
EBITDA EBITDA $51 $55 0 0.05 0.1 0.15 0.2 25 30 35 40 45 50 55 60 $234 $231 0 0.05 0.1 0.15 0.2 25 75 125 175 225 275 ($ in Millions) 19.3% 4Q15 1Q16 Adjusted EBITDA Adj. EBITDA EBITDA margin 22.1% TTM - 1Q15(1) TTM - 1Q16 Adjusted EBITDA Adj. EBITDA EBITDA margin 20.4% 21.3%
Slide 8: Cash Flows
($ Millions) 1Q16 4Q15 1Q15 Cash Flows Cash Flows Beginning Cash Balance $349.8 $301.1 $389.7 Cash from operating activities $17.3 $52.2 $(0.1) Capital expenditures $(17.8) $(16.3) $(20.5) Payments on long-term debt - - $(25) Other investing activities $(2.5) $(5.9) $1.1 Other financing activities $
Slide 9: Outlook
Outlook Outlook ($ Millions, except per share data) 2Q16 Guidance 1Q16 2Q15 Net Revenue $270 to $285 $267.0 $280.7 Gross Margin 43.5% to 44.5% 43.0% 45.6% Non-GAAP Operating Expenses $74 to $77 $73.9 $74.4 Non-GAAP Tax Rate 28% 26.8% 25% Non-GAAP Net Income $26 to $31 $23.6 $33.9 Non-GAAP EPS $0.18
Slide 10: Appendix and Non-GAAP Reconciliation Table
Appendix and Non-GAAP Reconciliation Table Appendix and Non-GAAP Reconciliation Table
Slide 11: GAAP to Non-GAAP Reconciliation of Statement of Operations
Non GAAP Reconciliation Table GAAP to Non-GAAP Reconciliation of Statement of Operations Non GAAP Reconciliation Table GAAP to Non-GAAP Reconciliation of Statement of Operations (In thousands, except per share data) (Unaudited) a) Amortization expense for the three months ended April 2, 2016 is adju
Slide 12: Reconciliation of GAAP to Adjusted Operating Income and Adjusted EBITDA
Non GAAP Reconciliation Table Reconciliation of GAAP to Adjusted Operating Income and Adjusted EBITDA Non GAAP Reconciliation Table Reconciliation of GAAP to Adjusted Operating Income and Adjusted EBITDA (In thousands, except per share data) (Unaudited)
Slide 13: Reconciliation of GAAP to Non-GAAP Earnings Per Share
Non GAAP Reconciliation Table Reconciliation of GAAP to Non-GAAP Earnings Per Share Non GAAP Reconciliation Table Reconciliation of GAAP to Non-GAAP Earnings Per Share (In thousands, except per share data) (Unaudited)
Slide 14: Entegris trademarks notice
Entegris ® , the Entegris Rings Design ® and Creating a Material Advantage SM are trademarks of Entegris, Inc. ©2013 Entegris, Inc. All rights reserved.