Slide 1: Q1 '14 Supplemental Information
Q1 ’14 Supplemental Information April 28, 2014
Slide 2: Non-GAAP Disclaimer
Non-GAAP Disclaimer The financial results disclosed in this presentation include certain measures calculated and presented in accordance with GAAP. In addition to the GAAP results included in this presentation, Knowles has presented supplemental, non-GAAP gross profit, earnings before interest and i
Slide 3: Q1 '14 Financial Results
Q1 ‘14 Financial Results Quarter over year ago period Q1FY14 Q1FY13 Revenue $273.4 million $276.1 million Gross Profit $83.1 million $94.5 million Non-GAAP Gross Profit $89.0 million $97.4 million EBIT $10.8 million $24.0 million Adjusted EBIT $32.1 million $40.8 million EPS (diluted) $0.09 $0.14 No
Slide 4: Revenue by Quarter
$276.1 $296.8 $311.6 $330.3 $273.4 $0 $60 $120 $180 $240 $300 $360 Q1FY13 Q2FY13 Q3FY13 Q4FY13 Q1FY14 Revenue $ M il li o n s 4
Slide 5: Adjusted EBIT
Adjusted EBIT $ Mi ll io n s $40.8 $50.7 $67.3 $63.2 $32.1 $0 $20 $40 $60 $80 Q1FY13 Q2FY13 Q3FY13 Q4FY13 Q1FY14 5
Slide 6: Revenue by Segment (% of revenue)
Revenue by Segment (% of revenue) Mobile Consumer 61% Specialty Components 39% Q1 2014 Q1 2013 Mobile Consumer 60% Specialty Components 40% 6
Slide 7: March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 March 31,
March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 March 31, 2013 March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 March 31, 2013 Revenues 164.0$ 217.9$ 199.8$ 189.7$ 169.8$ 109.4$ 112.4$ 111.8$ 107.1$ 106.4$ Gross Profit 41.9$ 72.1$ 72.4$ 58.9$ 54.0$ 41.3$ 41.5$ 44.7
Slide 8: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings 8 (in $ millions) March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 March 31, 2013 Earnings before interest and income taxes Mobile Consumer Electronics 6.8$ 36.5$ 38.2$ 27.0$ 20.3$ Specialty Components 15.7 17.3 21.0 11.8 1