Coherent Corp. · NYSE:COHR
Coherent — Investor Presentation (June 2014)
8 slides from Coherent's investor presentation, June 2014
Slide 1: The Leader in Photonics
€> coHERENT. The Leader in Photonics €D coHERENT.
Slide 2: Forward-Looking Statements & Non-GAAP Measurement
Forward-Looking Statements & Non-GAAP Measurement Forward-Looking Statements The statements in this presentation that relate to guidance, projections, future plans, business opportunities, estimates, events or performance are forward-looking statements that involve risks and uncertainties, including
Slide 3: The Photonics Company
The Photonics Company Provider of Photonics Solutions - Primarily Lasers for Commercial and Scientific Research Applications Revenue Mix TTM Materials Processing • Founded in 1966 15% OEM Components & Instrumentation • TTM Sales $819.6 Million 51% 19% Microelectronics 15% Scientific Research & Gov.
Slide 4: Diversified Markets and Applications
Diversified Markets and Applications Technology Portfolio OEM Components & Scientific Research & Microelectronics Materials Processing Instrumentation Government Programs Marking, Engraving, Diagnostic & Primary FPD, API, Semi Ultrafast Cutting and Welding Therapeutic Medical, Application Focus Defe
Slide 5: Pro Forma Income Statement Metrics
Pro Forma Income Statement Metrics Bookings Revenue $1,000 895 $ Millions except 803 773 769 767 810 $800 earnings per share 696 594 599 605 $600 419 436 $400 262 202 194 199 $200 $- FY08 FY09 FY10 FY11 FY12 FY13 Q1FY14 Q2FY14 Pro Forma EBITDA% 25% 19.5% 18.4% 20% 17.0% 17.8% 16.4% 17.7% 13.5% 15% 1
Slide 6: Balance Sheet
Balance Sheet $ Millions Mar 29, 2014 Sept 28, 2013 Cash, equivalents & investments $ 283.5 $ 250.1 Accounts receivable 137.5 136.8 Inventories 176.5 168.1 Other current assets 74.8 74.3 PP&E, net 114.1 114.3 Long term assets 222.3 222.9 Total Assets $1008.7 $ 966.5 Current liabilities $ 145.5 $ 145
Slide 7: Superior Reliability & Performance
Superior Superior SuperiorReliability Reliability Reliability&& Performance & Performance Performance August 2009 June2014 2014 P. (#) P. 7 June
Slide 8: Reconciliation GAAP to NON-GAAP financials
Reconciliation GAAP to NON-GAAP financials Quarter to Date Quarter to Date Q2 14 Q1 14 Q2 13 Q1 13 GAAP net income $15,307 $11,703 $15,002 $14,153 GAAP net income per diluted share $ 0.61 $ 0.47 $ 0.61 $ 0.58 Stock based compensation 3,346 3,529 3,497 3,511 Intangibles amortization 1,763 1,823 2,775