Slide 1: Q2 '14 Supplemental Information
Q2 ’14 Supplemental Information July 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: Q2 '14 Financial Results
Q2 ‘14 Financial Results Quarter over year ago period Q2FY14 Q2FY13 Revenue $281.0 million $296.7 million Gross Profit $33.8 million $101.2 million Non-GAAP Gross Profit $82.1 million $105.6 million (Loss) Earnings Before Interest and Income Taxes $(44.0) million $28.0 million Adjusted Earnings Befo
Slide 4: Revenue
$296.7 $311.6 $330.3 $273.4 $281.0 $0 $60 $120 $180 $240 $300 $360 Q2FY13 Q3FY13 Q4FY13 Q1FY14 Q2FY14 Revenue $ M il li o n s 4
Slide 5: Adjusted EBIT
Adjusted EBIT $ Mi ll io n s $50.6 $67.3 $63.2 $32.1 $21.5 $0 $20 $40 $60 $80 Q2FY13 Q3FY13 Q4FY13 Q1FY14 Q2FY14 5
Slide 6: Revenue by Segment (% of revenue)
Revenue by Segment (% of revenue) Mobile Consumer 64% Specialty Components 36% Q2 2014 Q2 2013 Mobile Consumer 59% Specialty Components 41% 6
Slide 7: Q3 '14 Projections (non-GAAP)
Q3 ‘14 Projections (non-GAAP)* 7 Q3FY14E Revenue $310 million - $330 million Gross Margin 32 percent - 34 percent Adjusted EBIT Margin 14 percent – 15 percent EPS (diluted) $0.45 - $0.52 Shares Outstanding (diluted) 85.8 million *Projections as of 7/28/14; Q3 2014 GAAP results are expected to includ
Slide 8: Non-GAAP Gross Profit Reconciliation by Segment
Mobile Consumer Electronics Specialty Components Corporate Quarter Ended Quarter Ended Quarter Ended June 30, 2014 March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 June 30, 2014 March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 Revenues 166.7$ 164.0$ 217.9$ 199.8$ 18
Slide 9: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings 9 (in $ millions) Quarter Ended June 30, 2014 March 31, 2014 December 31, 2013 September 30, 2013 June 30, 2013 (Loss) earnings before interest and income taxes Mobile Consumer Electronics (47.5)$ 6.8$ 36.5$ 38.2$ 27.0$ Specialty Components