SAN JOSE, Calif., Oct. 16, 2013 -- Xilinx, Inc. (Nasdaq: XLNX) today announced second quarter fiscal 2014 sales of $599 million, up 3% from the prior quarter and up 10% from the same quarter of the prior fiscal year. Second quarter fiscal 2014 net income was $141 million or $0.49 per diluted share; including a contingent litigation expense of $29 million, or $0.09 per diluted share.
The Xilinx Board of Directors announced a quarterly cash dividend of $0.25 per outstanding share of common stock, payable on November 27, 2013 to all stockholders of record at the close of business on November 6, 2013.
Additional second quarter comparisons are represented in the charts below:
GAAP Results(In millions, except EPS)
Growth Rates | |||||
Q2 FY 2014 | Q1 FY 2014 | Q2 FY 2013 | Q-T-Q | Y-T-Y | |
Net revenues | | | | 3% | 10% |
Operating income | | | | -15% | 11% |
Net income | | | | -10% | 15% |
Diluted earnings per share | | | | -13% | 7% |
"Sales from
Net Revenues by Geography:
Percentages | Growth Rates | ||||
Q2 | Q1 | Q2 | Q-T-Q | Y-T-Y | |
| 31% | 31% | 28% | 2% | 22% |
| 38% | 36% | 36% | 11% | 17% |
| 22% | 24% | 26% | -6% | -7% |
| 9% | 9% | 10% | 3% | -5% |
Net Revenues by End Market:
Percentages | Growth Rates | ||||
Q2 FY 2014 | Q1 FY 2014 | Q2 FY 2013 | Q-T-Q | Y-T-Y | |
| 43% | 44% | 49% | 2% | -3% |
Industrial, Aerospace & Defense | 38% | 37% | 32% | 6% | 32% |
Broadcast, Consumer & Automotive | 16% | 16% | 15% | 5% | 17% |
Other | 3% | 3% | 4% | -5% | -25% |
Net Revenues by Product:
Percentages | Growth Rates | ||||
Q2 | Q1 | Q2 | Q-T-Q | Y-T-Y | |
New | 36% | 30% | 20% | 22% | 100% |
Mainstream | 34% | 36% | 47% | -4% | -22% |
Base | 27% | 30% | 29% | -5% | 4% |
Support | 3% | 4% | 4% | -4% | 0% |
Key Statistics:
(Dollars in millions)
Q2 FY 2014 | Q1 FY 2014 | Q2 FY 2013 | |
Annual Return on Equity (%)* | 19 | 21 | 19 |
Operating | | | |
Depreciation Expense | | | |
Capital Expenditures | | | |
Combined Inventory Days | 102 | 105 | 109 |
Revenue Turns (%) | 54 | 56 | 57 |
Highlights — September Quarter Fiscal 2014
Business Outlook — December Quarter Fiscal 2014
Financial Tables
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