Slide 1: Earnings Summary Second Quarter FY 2016
Earnings Summary Second Quarter FY 2016 JULY 27, 2016 Exhibit 99.2
Slide 2: Safe Harbor
SAFE HARBOR Certain information contained in this presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ
Slide 3: Summary – Consolidated Statement of Operations (GAAP)
$ in millions, except per share data 2Q16 2Q16 Guidance 1Q16 2Q15 2Q16 over 1Q16 2Q16 over 2Q15 Net Revenue $303.1 $270 to $285 $267.0 $280.7 13.5% 8.0% Gross Margin 45.9% 42% to 43% 43.0% 45.6% Operating Expenses $92.8 $85.1 $88.7 9.0% 4.6% Operating Income $57.5 $40.8 $51.3 40.7% 12.1% Operating M
Slide 4: Summary – Consolidated Statement of Operations (Non-GAAP)
$ in millions 2Q16 2Q16 Guidance 1Q16 2Q15 2Q16 over 1Q16 2Q16 over 2Q15 Net Revenue $303.1 $270 to $285 $267.0 $280.7 13.5% 8.0% Gross Margin 45.9% 42% to 43% 43.0% 45.6% Non-GAAP Operating Expenses2 $81.7 $73.9 $74.1 10.6% 10.3% Adjusted Operating Income $57.5 $40.8 $53.7 40.9% 7.1% Adjusted Opera
Slide 5: Summary – Consolidated Statement of Operations (GAAP), Six Months
$ in millions, except per share data Six Months Ended July 2, 2016 Six Months Ended June 27, 2015 Year-over-Year Net Revenue $570.1 $544.1 4.8% Gross Margin 44.5% 44.9% Operating Expenses $178.0 $177.7 0.1% Operating Income $98.3 $91.1 7.9% Operating Margin 17.2% 16.7% Tax Rate 17.5% 21.7% Net Incom
Slide 6: Summary – Consolidated Statement of Operations (Non-GAAP), Six Months
$ in millions, except per share data Six Months Ended July 2, 2016 Six Months Ended June 27, 2015 Year-over-Year Net Revenue $570.1 $544.1 4.8% Gross Margin 44.5% 44.9% Non-GAAP Operating Expenses2 $155.6 $148.5 4.8% Adjusted Operating Income $98.3 $96.1 2.3% Adjusted Operating Margin 17.2% 17.7% No
Slide 7: Results by Segment
1. Excludes amortization of intangibles and unallocated expenses. RESULTS BY SEGMENT Sales by Segment 1Q16 2Q16 1Q16 2Q16 $ in millions Profit Margin by Segment1 1Q16 2Q16 1Q16 2Q16 % Sales
Slide 8: Revenue by Geography
REVENUE BY GEOGRAPHY Revenue By Geography Asia Japan Europe U.S. Quarter-to-Quarter Revenue by Geography $ in millions 1Q16 2Q16 1Q16 2Q16 1Q16 2Q16 Q2 2016 1Q16 2Q16
Slide 9: Summary – Balance Sheet Items
$ in millions 2Q16 1Q16 2Q15 $ Amount % Total $ Amount % Total $ Amount % Total Cash & Cash Equivalents $373.7 20.8% $345.5 20.8% $313.7 19.9% Accounts Receivable, net $180.6 10.7% $149.8 9.1% $177.5 10.5% Inventories $181.1 10.7% $184.0 11.1% $184.7 11.0% Net PP&E $322.7 19.0% $322.7 19.5% $312.9 1
Slide 10: EBITDA
$ in millions Note: See Reconciliation of GAAP Income to Adjusted Operating Income and Adjusted EBITDA on page 15 of this presentation. EBITDA
Slide 11: Cash Flows
$ in millions 2Q16 1Q16 2Q15 Beginning Cash Balance $344.4 $349.8 $341.4 Cash from operating activities 61.2 17.3 36.2 Capital expenditures (14.3) (17.8) (13.7) Payments on long-term debt (25.0) - (50.0) Other investing activities 0.8 (2.5) 0.9 Other financing activities 2.3 (5.6) 0.3 Effect of exch
Slide 12: Outlook
OUTLOOK GAAP $ in millions, except per share data 3Q16 Guidance 2Q16 3Q15 Net Revenue $285 to $300 $303.1 $270.3 Gross Margin Approx. 45% 45.9% 43.0% Operating Expenses $87 to $89 $92.8 $85.2 Net Income $25 to $30 $32.9 $23.4 EPS $0.18 to $0.21 $0.23 $0.17 $ in millions, except per share data 3Q16 G
Slide 13: Trademarks
Entegris® and the Entegris Rings Design® are trademarks of Entegris, Inc. ©2016 Entegris, Inc. All rights reserved.
Slide 14: Appendix: Non-GAAP Reconciliation Tables
APPENDIX: NON-GAAP RECONCILIATION TABLES
Slide 15: Reconciliation of GAAP to Adjusted Operating Income and Adjusted EBITDA
NON-GAAP RECONCILIATION TABLE RECONCILIATION OF GAAP TO ADJUSTED OPERATING INCOME AND ADJUSTED EBITDA In thousands (unaudited) Three months e nded Six months ended July 2, 2016 June 27 , 2015 April 2 , 201 6 July 2, 2016 June 27 , 2015 Net sales $303,052 $280,709 $267,024 $ 570,076 $544,082 Net inco
Slide 16: Reconciliation of GAAP to Non-GAAP Earnings Per Share
NON-GAAP RECONCILIATION TABLE RECONCILIATION OF GAAP TO NON-GAAP EARNINGS PER SHARE In thousands, except per share data (unaudited) T h r e e m o n t h s e n d e d S i x m o n t h s e n d e d J u l y 2 , 2 0 1 6 J u n e 2 7 , 2 0 1 5 A p r i l 2 , 2 0 1 6 J u l y 2 , 2 0 1 6 J u n e 2 7 , 2 0 1 5 N