Mks Inc. · NASDAQ:MKSI
Mks — MKS Instruments — Q1 2017 Earnings Presentation
6 slides from Mks's earnings presentation, Jun 20, 2017
Slide 1: Strong Balance Sheet, Cash Flow & Financial Results
Strong Balance Sheet, Cash Flow & Financial Results MKS PROPRIETARY ACTUAL REVENUE GROSS MARGIN OPERATING EXPENSES OPERATING PROFIT NET EARNINGS EPS DILUTED SHARES Non-GAAP Results(1) Balance Sheet & Cash Flow CASH & SHORT TERM INVESTMENTS CONSOLIDATED DEBT, NET(2) PRO FORMA LEVERAGE RATIO(3) DAYS S
Slide 2: Appendix: GAAP to Non-GAAP Reconciliations
Appendix GAAP to Non-GAAP Reconciliations
Slide 3: Appendix – GAAP to Non-GAAP Reconciliations
Appendix – GAAP to Non-GAAP Reconciliations MKS PROPRIETARY (in millions, except per share amounts) Actual Q1-17 GAAP Operating Expenses $122.0 Adjustments: Acquisition and integration costs (Note 1) 1.4 Expenses related to sale of business (Note 3) 0.4 Restructuring (Note 5) 0.5 Amortization of int
Slide 4: Non-GAAP Adjusted EBITDA Reconciliation
Appendix – GAAP to Non-GAAP Reconciliations MKS PROPRIETARY Last 12 Actual Months Non-GAAP Adjusted EBITDA Reconciliation Q1-17 Q1-17 Net Income $65.1 $152.3 Interest expense (income), net 8.3 37.3 Provision for income taxes 12.2 29.2 Depreciation 9.3 36.0 Amortization 12.5 46.5 EBITDA (Note 10) $10
Slide 5: Q2-17 Guidance Reconciliation
Appendix – GAAP to Non-GAAP Reconciliations MKS PROPRIETARY Q2-17 Guidance Low High Guidance Guidance GAAP Operating Expenses $116.7 $121.7 Adjustments: Acquisition and integration costs (Note 1) 2.3 2.3 Amortization of intangible assets 11.4 11.4 Non-GAAP Operating Expenses $103.0 $108.0 EPS EPS Ne
Slide 6: GAAP to Non-GAAP Footnote Disclosures
GAAP to Non-GAAP Footnote Disclosures Note 1: Acquisition and integration costs related to the Newport Corporation acquisition, which closed during the second quarter of 2016. Note 2: Amortization expense related to the step-up of inventory to fair value as a result of the Newport Corporation acquis