Kulicke And Soffa Industries, Inc. · NASDAQ:KLIC
Kulicke And Soffa Industries — Q1 2006 Earnings Presentation
8 slides from Kulicke And Soffa Industries's earnings presentation, Mar 16, 2006
Slide 1: Exhibit 99.1 Conference call notice and pro forma basis of presentation
Exhibit 99.1 This slide presentation should be reviewed in conjunction with the Company's conference call, held on March 16, 2006 at 9:00 a.m. ET. For listen only mode, investors and analysts may log on to www.kns.com/investors/events. Analysts and investors may participate by calling toll free 877-
Slide 2: Preliminary ProForma Results Without Test
Preliminary ProForma Results Without Test (in millions, except per share amounts) Quarter Ended 12/31/2005 Pro Forma As Reported without Test Revenue $ 228.1 $ 204.6 Total Operating Expenses 40.1 29.3 Net Income (Loss) 25.3 30.6 EBITDA 35.6 39.7 Diluted E.P.S. $ 0.38 $ 0.45 Fiscal Year Ended 9/30/20
Slide 3: Test Divestiture Expenses
Test Divestiture Expenses One-Time Expenses Associated with Test Divestiture Anticipated Severance $15 to 17 Million* & Facilities Deal Costs $2 Million * Includes Executive Staff Reduction
Slide 4: EBITDA Reconciliation
EBITDA Reconciliation (in Thousands) Quarter ended 12/31/2005 Fiscal Year Ended 9/30/2005 Pro Forma Pro Forma As Reported without Test As Reported without Test Net Income (loss) $ 25,301 $ 30,618 $ (104,082) $ 33,336 Add: Provision for income taxes 5,218 5,349 3,957 4,836 Interest expense 958 958 3,
Slide 5: Earnings per Share Reconciliation
Earnings per Share Reconciliation (in thousands, except per share amounts) Quarter Ended 12/31/2005 Fiscal Year Ended 9/30/2005 Pro Forma Pro Forma As Reported without Test As Reported without Test Net income $ 25,301 $ 30,618 $ (104,082) $ 33,336 Interest add-back* 419 419 - 1,675 $ 25,720 $ 31,037
Slide 6: 1Q06 Expense and Net Income Reconciliation
1Q06 Expense and Net Income Reconciliation (in thousands) For the Three Months Ended December 31, 2005 Sale of Test Pro Forma Company As Reported Business (1) Adjustments (2) Pro Forma Net revenue $ 228,100 $ (23,468) $ - $ 204,632 Total operating expenses $ 40,112 $ (12,750) $ 1,888 $ 29,250 Net in
Slide 7: FY05 Expense and Net Income Reconciliation
FY05 Expense and Net Income Reconciliation (in thousands) Fiscal Year Ended September 30, 2005 Sale of Test Pro Forma Company As Reported Business (1) Adjustments (2) Pro Forma Net revenue $ 561,274 $ (85,732) $ - $ 475,542 Total operating expenses $ 240,126 $ (151,489) (3) $ 7,694 $ 96,331 Net inco
Slide 8: EBITDA definition and limitations
EBITDA means earnings before interest, income taxes, depreciation and amortization and non-cash asset impairment charges. EBITDA should not be considered by investors as an alternativeto net income and does not represent cash flows from operations as defined by generally accepted accounting principa
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