Slide 1: Q4 & Full Year 2017 Supplemental Information
February 7, 2018 Q4 & Full Year 2017 Supplemental Information
Slide 2: Non-GAAP Disclaimer
Non-GAAP Disclaimer 2 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
Slide 3: Q4 '17 Financial Results (continuing operations)
Q4 ‘17 Financial Results (continuing operations*) 3 Quarter over year ago period Q4FY17 Q4FY16 Revenues $215.5 million $212.9 million Gross Profit $89.6 million $85.2 million Non-GAAP Gross Profit $92.2 million $85.5 million Diluted Earnings Per Share $0.35 $0.18 Non-GAAP Diluted Earnings Per Share
Slide 4: Revenues (Cont. Ops.)
Revenues (Cont. Ops.) 4 $212.9 $168.3 $164.4 $196.0 $215.5 $0 $50 $100 $150 $200 $250 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17
Slide 5: Q4 '17 Revenues by Segment
Q4 ’17 Revenues by Segment Cont. Ops. (% of revenue) 5 Audio 87% Precision Devices 13%
Slide 6: Q1 '18 Projections (non-GAAP, cont. ops.)
Q1 ‘18 Projections (non-GAAP, cont. ops.)* 6 Q1FY18E Revenues $170 million - $190 million Gross Margin 37 percent – 39 percent EPS (diluted) $0.10 - $0.14 *Projections as of 2/7/18; Q1 2018 GAAP results for continuing operations are expected to include approximately $0.05 per share in stock-based co
Slide 7: Historical Segment Data Audio / Precision Devices
Historical Segment Data Audio / Precision Devices 7 (Cont. Ops.; in $ millions) 7 December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 December 31, 2016 December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 December 31, 2016 Revenues 187.3$ 167.8$ 138.1$ 144.2$ 190.3$ 28.2$
Slide 8: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings Audio / Precision Devices 8 (Cont. Ops.; in $ millions) 8 December 31, September 30, June 30, March 31, December 31, 2017 2017 2017 2017 2016 Earn ngs (l ss) before interest and income taxes Au io 46.2$ 28.1$ (7.1)$ 8.9$ 38.2$ Preci ion Dev
Slide 9: Reconciliation of Revenues and Adjusted EBIT to Continuing Operations
Reconciliation of Revenues and Adjusted EBIT to Continuing Operations 9 (in $ millions) 9 Consolidated Timing Devices Consolidated Without Timing Devices Consolidated Timing Devices Consolidated Without Timing Devices Consolidated Timing Devices Consolidated Without Timing Devices Consolidated Timin