Slide 1: Financial Results First Quarter Fiscal Year 2016
Financial Results First Quarter Fiscal Year 2016 Quarter Ended September 30, 2015 Supplementary Information to Kimball Electronics’ November 5, 2015 Earnings Release and Conference Call Lasting relationships. Global success.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements contained within this supplementary information and any statements made during our earnings conference call today may be considered forward-looking under the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties including
Slide 3: Net Sales
(Unaudited) Net Sales $210 -2% $208 $207 from Q1’15 $205 $204 $201 $200 $200 $199 $195 In Millions $190 $186 $185 $181 $180 $175 $170 $165 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 3 Lasting relationships. Global success.
Slide 4: Net Sales Mix by Vertical Market
(Unaudited) Net Sales Mix by Vertical Market 100% 2% 2% 2% 2% 2% 3% 2% 2% 7% 7% 7% 7% 8% 7% 8% 8% 90% 80% 22% 22% 28% 26% 26% 24% 25% 25% 70% 60% % of Sales 30% 29% 50% 27% 28% 30% 30% 29% 29% 40% 30% 20% 39% 37% 39% 36% 35% 36% 36% 36% 10% 0% Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 Automoti
Slide 5: Gross Margin %
(Unaudited) Gross Margin % 10.0% 9.1% 9.2% 8.9% 8.8% 8.8% 9.0% 8.6% 8.0% 7.7% 7.6% 7.0% 6.0% % of Sales 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 5 Lasting relationships. Global success.
Slide 6: Selling & Administrative Expense (%)
(Unaudited) Selling & Administrative Expense (%) (Excludes spin-off costs*) 6.0% 5.0% 5.0% 4.5% 4.5% 4.5% 4.3% 4.1% 4.0% 3.8% 3.8% % of Sales 3.0% 2.0% 1.0% 0.0% Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 *Spin-off costs excluded by quarter were Q3’14 - $0.8M (0.5% of sales), Q4’14 - $1.4M (0.7
Slide 7: Adjusted Operating Income
(Unaudited) Adjusted Operating Income (Excludes spin-off costs and anti-trust lawsuit proceeds) $12.0 6.0% $11.1 $10.0 5.5% $10.0 $9.2 $9.1 $8.8 5.4% 5.0% $8.2 $8.0 4.8% 4.6% $7.1 4.5% % of Sales In Millions 4.5% 4.3% $6.0 4.4% 4.0% $4.9 3.5% $4.0 3.5% 3.0% $2.0 2.7% 2.5% $0.0 2.0% Q2'14 Q3'14 Q4'14
Slide 8: Adjusted Net Income
(Unaudited) Adjusted Net Income (Excludes spin-off costs and anti-trust lawsuit proceeds) $8.0 $7.4 $7.5 $7.4 $7.0 $6.7 $6.8 $6.4 $6.0 $5.2 In Millions $5.0 $4.6 $4.0 $3.0 $2.0 $1.0 $0.0 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 Note: Adjusted Net Income is a Non-GAAP measure – refer to Reconc
Slide 9: Adjusted EBITDA
(Unaudited) Adjusted EBITDA (Excludes spin-off costs and anti-trust lawsuit proceeds) $16.0 $15.0 $15.0 $14.0 $13.4 $13.7 $12.8 $13.0 $12.0 $11.2 $9.8 In Millions $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 Note: Adjusted EBITDA is a Non-GAAP measure – refer to Rec
Slide 10: Operating Cash Flow
(Unaudited) Operating Cash Flow 10 Lasting relationships. Global success.
Slide 11: Capital Expenditures and Depreciation & Amortization
(Unaudited) Capital Expenditures and Depreciation & Amortization $15.0 $13.9 $13.0 $11.3 $11.0 In Millions $9.0 $9.0 $7.9 $7.0 $6.9 $6.1 $5.5 $5.0 $4.5 $4.8 $5.0 $4.8 $5.0 $4.9 $4.5 $4.6 $4.3 $3.0 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 Cap Ex Depr & Amort Note: Capital Expenditures includes
Slide 12: Reconciliation of Non-GAAP Results
Reconciliation of Non-GAAP Results (Unaudited) Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 Operating Income, as Reported $ 4,881 $ 8,022 $ 7,721 $ 7,787 $ 8,697 $ 10,821 $ 9,050 $ 6,921 Add: Spin-off Expenses 0 802 1,431 964 1,285 321 24 137 Less: Settlement Proceeds from Lawsuits 0 666 0 0 0 0