RELEASE DATE: 2012年1月26日
アルテラ、2011年度第４四半期決算を発表
アルテラ・コーポレーション （本社： 米国カリフォルニア州サンノゼ、社長、CEO 兼会長： ジョン・デイナ、日本法人： 東京都新宿区西新宿、代表取締役社長：日隈 寛和、NASDAQ： ALTR、以下、アルテラ） は、米国時間1月24日、2011年度第4四半期決算を発表いたしました。
2011年度第4四半期の業績は、売上高が前四半期比12%減、前年同期比18%減の4億5,780万ドルとなりました。純利益は、前四半期実績の1億8,540万ドル （希釈化後1株当り0.57ドル）、前年同期実績の2億3,161万ドル （希釈化後1株当り0.72ドル） に対して、1億4,661万ドル （希釈化後1株当り0.45ドル） となりました。
2011年度累計の営業活動によるキャッシュフローは、9億5,960万ドルとなりました。アルテラの現金および投資額は、第4四半期末で35億ドルとなりました。
アルテラの取締役会の決定により、四半期現金配当については、2012年2月10日時点での株主に対し、1株当り0.08ドルの配当を2012年3月1日に実施いたします。
アルテラの社長、CEO兼会長のジョン・デイナ （John Daane） は、「業界の市況の影響を受け、第4四半期も前期に続いて売上は下がりましたが、2011年全体としては、半導体業界全般を大幅に上回る6％の成長を遂げました。また、当社のFPGA市場におけるシェアは再び向上しました。過去数年にわたり、FPGAを支持する長期的な技術トレンドが顕在化しています。こうした要素に加えて、FPGA市場におけるシェアを獲得し続けることにより、やがては半導体業界全体の2倍の売上成長率を遂げるであろうと確信しております」と述べています。
アルテラの継続的な成長を示す最近の実績は、以下の通りです。
- アルテラは、同社の最初のミッドレンジ 28nm Arria® V FPGA の出荷を開始しました。
- Arria V デバイスは、現在市場で提供されている中で、最も消費電力の少ないミッドレンジ FPGA です。
- 最大 10.3125 Gbps のトランシーバ速度を提供する Arria V ファミリは、TSMC 社の 28nm の Low-Power （28LP） プロセスで開発されました。同等クラスの FPGA と比較して、スタティック消費電力およびトランシーバ消費電力を、半分にまで低減させており、Arria V FPGA は、どのミッドレンジ FPGA ファミリよりも総消費電力を低く抑えています。
- 当デバイスは4種類のファミリ製品が提供されており、設計者は、デュアルコアARM® Cortex™ - A9 MPCore™ プロセッサを含む、自社のニーズに最も合致したデバイスを選択することができます。
- Arria V ファミリの革新的な機能により、設計者はワイヤレス機器、放送機器、および防衛機器市場における次世代製品の低消費電力、高いバンド幅、および低コストの要件に対応できます。
- アルテラは、業界初の FPGA 向け OpenCL™ プログラムを発表しました。
- OepenCL 規格は、並列プログラミング向けの C ベースのオープン規格です。
- アルテラの OpenCL プログラムは、FPGA の並列処理能力と OpenCL 規格を結びつけて、強力なシステム・アクセレレーションを可能にしました。また、この融合により、従来の FPGA 開発と比べて、市場投入を飛躍的に早めることが可能になります。
- アルテラは、同社のユニバーシティ・プログラムを拡張して、学術目的での FPGA 開発においても OpenCL 規格をサポートし、顧客からのフィードバックを基に、OpenCL 規格の改良に積極的に貢献しています。
- 初期の顧客評価の結果では、マルチコア CPU ソリューションと比較して 35 倍の性能向上、従来の HDL で開発された FPGA ソリューションと比較して、50％の開発期間の短縮を果たしたことが示されています。
- OpenCL FPGA がターゲットとするアプリケーションは、高性能コンピューティング、高度レーダー・システム、医療画像、ビデオ・エンコーディングならびにビデオ・プロセシングなどの、並列処理が可能で高速演算を必要とするあらゆるシステムです。
- アルテラの 28nm FPGA ポートフォリオに対して、引き続き業界より高い評価を受けています。
- Electric Weekly 誌は、アルテラの 28nm ポートフォリオを、同誌が毎年表彰している 「Elektra European Electronics Industry Awards」 で “Semiconductor Product of the Year – Digital” に選定しました。「Elektra European Electronics Industry Awards」 は、優れた製品技術およびビジネスを表彰する欧州で最も権威のある賞です。独立系の業界専門家と Electronics Weekly 誌からの代表で構成される審査委員会は、アルテラの 28nm FPGA ポートフォリオのアプリケーションに対する性能、デザイン柔軟性、および適合性を高く評価し、6つの候補製品の中から、同ポートフォリオを “Semiconductor Product of the Year – Digital” に選びました。
- また、EDN 誌もアルテラの 28nm SoC FPGA ファミリを同誌の 「100 Hot Products of 2011」 の一つに選定しました。「2011 EDN Hot 100」 は革新性、重要性、有用性、および同誌の編集者ならびに読者からの人気度に基づいて、2011年で最も意義深いとされる製品に授与されます。
Forward-Looking Statements
Statements in this press release that are not historical are "forward-looking statements" as the term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or preceded by words such as "will," "expects," "anticipates," or other words that imply or predict a future state. Forward-looking statements include forecasts of future growth relative to the semiconductor industry, any projection of revenue, gross margin, expense or other financial items discussed in the Business Outlook section or elsewhere in this press release. Investors are cautioned that all forward-looking statements in this release involve risks and uncertainty that can cause actual results to differ from those currently anticipated, due to a number of factors, including without limitation, current global economic conditions, customer business environment, customer inventory levels, vertical market mix, market acceptance of the company's products, product introduction schedules, the rate of growth of the company's new products including Cyclone® IV, Arria® V, Arria II, Stratix® V, Stratix IV FPGAs, MAX® V CPLDs and HardCopy® IV device families, as well as changes in economic conditions and other risk factors discussed in documents filed by the company with the Securities and Exchange Commission (SEC) from time to time. Copies of Altera's SEC filings are posted on the company's website and are available from the company without charge. Forward-looking statements are made as of the date of this release, and, except as required by law, the company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
アルテラについて
アルテラ・コーポレーションは、プログラマブル・ロジック・ソリューションの世界的リーディング・カンパニーです。1983年にシリコンバレーで創業した世界で最初のファブレス企業であり、1988年に NASDAQ に上場しました。FPGA / CPLD、ASICなど、カスタム・ロジックの分野におけるテクノロジー・リーダーとして高成長を続け、顧客企業のイノベーションに貢献しています。世界各国に拠点を持ち、日本法人である日本アルテラ株式会社は1990年に設立されました。顧客志向のソリューションが高く評価され、日本における PLD 市場でトップシェアを維持しています。
アルテラのFPGA / CPLD、ASICに関する詳細情報は、同社Webサイト（www.altera.co.jp）をご覧ください。Facebook、RSS、Twitter でも情報提供を行っています。
|
SELECTED FOURTH QUARTER REVENUE AND RELATED RESULTS |
||||
|
Key New Product Devices |
Sequential Comparisons |
|||
|
Stratix V |
49% |
|||
|
Stratix IV |
(19)% |
|||
|
Arria II |
(4)% |
|||
|
Cyclone IV |
26% |
|||
|
HardCopy IV |
(20)% |
|||
|
Vertical Markets |
Sequential Comparisons |
Comments |
||||
|
Telecom & Wireless |
(11)% |
Telecom flat and Wireless down |
||||
|
Industrial Automation, |
(1)% |
Military up, rest of vertical down |
||||
|
Networking, Computer & Storage |
(30)% |
Category decreased due to end of short-term earthquake-related ASIC replacement business |
||||
|
Other |
(9)% |
Broadly down |
||||
|
($ in thousands) Key Ratios & Information |
December 31, 2011 |
September 30, 2011 |
|||||||
|
Current Ratio |
4:1 |
3:1 |
|||||||
|
Liabilities/Equity |
1:2 |
1:2 |
|||||||
|
Quarterly Operating Cash Flows |
$ |
220,363 |
$ |
282,873 |
|||||
|
TTM Return on Equity |
28 |
% |
34 |
% |
|||||
|
Quarterly Depreciation Expense |
$ |
7,772 |
$ |
7,428 |
|||||
|
Quarterly Capital Expenditures |
$ |
8,634 |
$ |
13,382 |
|||||
|
Inventory MSOH (1): Altera |
2.7 |
2.4 |
|||||||
|
Inventory MSOH (1): Distribution |
0.6 |
0.6 |
|||||||
|
Cash Conversion Cycle (Days) |
90 |
78 |
|||||||
|
Turns |
42 |
% |
33 |
% |
|||||
|
Book to Bill |
<1.0 |
<1.0 |
|||||||
|
Note (1): MSOH: Months Supply On Hand |
|||||||||
|
ALTERA CORPORATION |
||||||||||||||||||||||||
|
Three Months Ended |
Quarterly Growth Rate |
Years Ended |
||||||||||||||||||||||
|
December 31, 2011 |
September 30, 2011 |
December 31, 2010 |
Sequential Change |
Year- Over-Year Change |
December 31, 2011 |
December 31, 2010 |
Annual Growth |
|||||||||||||||||
|
Geography |
||||||||||||||||||||||||
|
Americas |
21 |
% |
16 |
% |
17 |
% |
10 |
% |
4 |
% |
19 |
% |
19 |
% |
7 |
% |
||||||||
|
Asia Pacific |
40 |
% |
44 |
% |
43 |
% |
(20) |
% |
(23) |
% |
41 |
% |
42 |
% |
2 |
% |
||||||||
|
EMEA |
22 |
% |
25 |
% |
22 |
% |
(22) |
% |
(18) |
% |
25 |
% |
23 |
% |
17 |
% |
||||||||
|
Japan |
17 |
% |
15 |
% |
18 |
% |
— |
% |
(23) |
% |
15 |
% |
16 |
% |
(1) |
% |
||||||||
|
Net Sales |
100 |
% |
100 |
% |
100 |
% |
(12) |
% |
(18) |
% |
100 |
% |
100 |
% |
6 |
% |
||||||||
|
Product Category |
||||||||||||||||||||||||
|
New |
27 |
% |
27 |
% |
16 |
% |
(13) |
% |
41 |
% |
22 |
% |
11 |
% |
107 |
% |
||||||||
|
Mainstream |
33 |
% |
32 |
% |
37 |
% |
(10) |
% |
(26) |
% |
34 |
% |
32 |
% |
11 |
% |
||||||||
|
Mature and Other |
40 |
% |
41 |
% |
47 |
% |
(13) |
% |
(30) |
% |
44 |
% |
57 |
% |
(18) |
% |
||||||||
|
Net Sales |
100 |
% |
100 |
% |
100 |
% |
(12) |
% |
(18) |
% |
100 |
% |
100 |
% |
6 |
% |
||||||||
|
Vertical Market |
||||||||||||||||||||||||
|
Telecom & Wireless |
43 |
% |
42 |
% |
47 |
% |
(11) |
% |
(25) |
% |
43 |
% |
44 |
% |
4 |
% |
||||||||
|
Industrial Automation, Military & Automotive |
24 |
% |
22 |
% |
19 |
% |
(1) |
% |
6 |
% |
23 |
% |
21 |
% |
12 |
% |
||||||||
|
Networking, Computer & Storage |
16 |
% |
20 |
% |
15 |
% |
(30) |
% |
(9) |
% |
17 |
% |
14 |
% |
29 |
% |
||||||||
|
Other |
17 |
% |
16 |
% |
19 |
% |
(9) |
% |
(29) |
% |
17 |
% |
21 |
% |
(13) |
% |
||||||||
|
Net Sales |
100 |
% |
100 |
% |
100 |
% |
(12) |
% |
(18) |
% |
100 |
% |
100 |
% |
6 |
% |
||||||||
|
FPGAs and CPLDs |
||||||||||||||||||||||||
|
FPGA |
82 |
% |
82 |
% |
83 |
% |
(12) |
% |
(18) |
% |
81 |
% |
82 |
% |
5 |
% |
||||||||
|
CPLD |
9 |
% |
9 |
% |
10 |
% |
(10) |
% |
(27) |
% |
10 |
% |
12 |
% |
(11) |
% |
||||||||
|
Other Products |
9 |
% |
9 |
% |
7 |
% |
(17) |
% |
6 |
% |
9 |
% |
6 |
% |
41 |
% |
||||||||
|
Net Sales |
100 |
% |
100 |
% |
100 |
% |
(12) |
% |
(18) |
% |
100 |
% |
100 |
% |
6 |
% |
||||||||
- New Products include the Stratix® V, Stratix IV, Arria® V, Arria II , Cyclone® IV , MAX® V, and HardCopy® IV devices.
- Mainstream Products include the Stratix III, Cyclone III, MAX II, and HardCopy III devices.
- Mature and Other Products include the Stratix II , Stratix , Arria GX, Cyclone II, Cyclone, Classic™, MAX 3000A, MAX 7000, MAX 7000A, MAX 7000B, MAX 7000S, MAX 9000, HardCopy II, HardCopy, FLEX® series, APEX™ series, Mercury™, and Excalibur™ devices, configuration and other devices, intellectual property cores, and software and other tools.
|
Business Outlook for the First Quarter 2012 Sales and Income Statement |
||
|
Sequential Sales Growth |
Down 5% to 9% |
|
|
Gross Margin |
70% +/- .5% |
|
|
Research and Development |
$90 to 92 million |
|
|
SG&A |
$72 to 74 million |
|
|
Tax Rate |
10% to 11% |
|
|
Diluted Share Count |
326 million |
|
|
Turns |
Approximately 50% |
|
|
MSOH |
Low 3's |
|
|
Vertical Market |
||
|
Telecom & Wireless |
Down slightly overall, with Telecom up and Wireless down |
|
|
Industrial Automation, |
Down overall, with Automotive up, Industrial Automation flat, and Military significantly down |
|
|
Networking, Computer & Storage |
Flat overall, with Networking up and Computer & Storage down |
|
|
Other |
Down slightly |
|
|
ALTERA CORPORATION CONSOLIDATED STATEMENTS OF INCOME (Unaudited) |
|||||||||||||||||||||
|
Three Months Ended |
Years Ended |
||||||||||||||||||||
|
(In thousands, except per share amounts) |
December 31, 2011 |
September 30, 2011 |
December 31, 2010 |
December 31, 2011 |
December 31, 2010 |
||||||||||||||||
|
Net sales |
$ |
457,804 |
$ |
522,474 |
$ |
555,378 |
$ |
2,064,475 |
$ |
1,954,426 |
|||||||||||
|
Cost of sales |
136,764 |
166,938 |
161,296 |
610,329 |
566,942 |
||||||||||||||||
|
Gross margin |
321,040 |
355,536 |
394,082 |
1,454,146 |
1,387,484 |
||||||||||||||||
|
Operating expense |
|||||||||||||||||||||
|
Research and development expense |
90,295 |
80,771 |
66,788 |
325,733 |
264,649 |
||||||||||||||||
|
Selling, general, and administrative expense |
70,667 |
69,345 |
64,074 |
279,217 |
254,495 |
||||||||||||||||
|
Total operating expense |
160,962 |
150,116 |
130,862 |
604,950 |
519,144 |
||||||||||||||||
|
Operating margin (1) |
160,078 |
205,420 |
263,220 |
849,196 |
868,340 |
||||||||||||||||
|
Compensation expense (benefit) — deferred compensation plan |
2,962 |
(6,642) |
3,554 |
(1,964) |
6,839 |
||||||||||||||||
|
(Gain) loss on deferred compensation plan securities |
(2,962) |
6,642 |
(3,554) |
1,964 |
(6,839) |
||||||||||||||||
|
Interest income and other |
(1,021) |
(663) |
(936) |
(3,526) |
(3,330) |
||||||||||||||||
|
Interest expense |
1,013 |
806 |
351 |
3,730 |
3,843 |
||||||||||||||||
|
Income before income taxes |
160,086 |
205,277 |
263,805 |
848,992 |
867,827 |
||||||||||||||||
|
Income tax expense |
13,475 |
19,873 |
32,192 |
78,281 |
84,943 |
||||||||||||||||
|
Net income |
$ |
146,611 |
$ |
185,404 |
$ |
231,613 |
$ |
770,711 |
$ |
782,884 |
|||||||||||
|
Net income per share: |
|||||||||||||||||||||
|
Basic |
$ |
0.46 |
$ |
0.58 |
$ |
0.73 |
$ |
2.39 |
$ |
2.55 |
|||||||||||
|
Diluted |
$ |
0.45 |
$ |
0.57 |
$ |
0.72 |
$ |
2.35 |
$ |
2.49 |
|||||||||||
|
Shares used in computing per share amounts: |
|||||||||||||||||||||
|
Basic |
321,553 |
321,745 |
316,440 |
321,892 |
307,302 |
||||||||||||||||
|
Diluted |
325,653 |
327,044 |
323,592 |
327,606 |
313,912 |
||||||||||||||||
|
Cash dividends per common share |
$ |
0.08 |
$ |
0.08 |
$ |
0.06 |
$ |
0.28 |
$ |
0.22 |
|||||||||||
|
Tax rate |
8.4 |
% |
9.7 |
% |
12.2 |
% |
9.2 |
% |
9.8 |
% |
|||||||||||
|
% of Net sales: |
|||||||||||||||||||||
|
Gross margin |
70.1 |
% |
68.0 |
% |
71.0 |
% |
70.4 |
% |
71.0 |
% |
|||||||||||
|
Research and development |
19.7 |
% |
15.5 |
% |
12.0 |
% |
15.8 |
% |
13.5 |
% |
|||||||||||
|
Selling, general, and administrative |
15.4 |
% |
13.3 |
% |
11.5 |
% |
13.5 |
% |
13.0 |
% |
|||||||||||
|
Operating margin(1) |
35.0 |
% |
39.3 |
% |
47.4 |
% |
41.1 |
% |
44.4 |
% |
|||||||||||
|
Net income |
32.0 |
% |
35.5 |
% |
41.7 |
% |
37.3 |
% |
40.1 |
% |
|||||||||||
Notes: |
|||||||||||||||||||||
|
(1)We define operating margin as gross margin less research and development and selling, general and administrative expenses, as presented above. This presentation differs from income from operations as defined by U.S. Generally Accepted Accounting Principles ("GAAP"), as it excludes the effect of compensation associated with the deferred compensation plan obligations. Since the effect of compensation associated with our deferred compensation plan obligations is offset by gains and losses from related securities, we believe this presentation provides a more meaningful representation of our ongoing operating performance. A reconciliation of operating margin to income from operations follows: |
|||||||||||||||||||||
|
Three Months Ended |
Years Ended |
||||||||||||||||||||
|
(In thousands) |
December 31, 2011 |
September 30, 2011 |
December 31, 2010 |
December 31, 2011 |
December 31, 2010 |
||||||||||||||||
|
Operating margin (non-GAAP) |
$ |
160,078 |
$ |
205,420 |
$ |
263,220 |
$ |
849,196 |
$ |
868,340 |
|||||||||||
|
Compensation expense (benefit) — deferred compensation plan |
2,962 |
(6,642) |
3,554 |
(1,964) |
6,839 |
||||||||||||||||
|
Income from operations (GAAP) |
$ |
157,116 |
$ |
212,062 |
$ |
259,666 |
$ |
851,160 |
$ |
861,501 |
|||||||||||
|
ALTERA CORPORATION CONSOLIDATED BALANCE SHEETS (Unaudited) |
|||||||||
|
(In thousands, except par value amount) |
December 31, |
December 31, |
|||||||
|
Assets |
|||||||||
|
Current assets: |
|||||||||
|
Cash and cash equivalents |
$ |
3,371,933 |
$ |
2,765,196 |
|||||
|
Short-term investments |
65,222 |
— |
|||||||
|
Total cash, cash equivalents, and short-term investments |
3,437,155 |
2,765,196 |
|||||||
|
Accounts receivable, net |
232,273 |
363,614 |
|||||||
|
Inventories |
122,279 |
146,524 |
|||||||
|
Deferred income taxes — current |
58,415 |
66,839 |
|||||||
|
Deferred compensation plan — marketable securities |
54,041 |
54,419 |
|||||||
|
Deferred compensation plan — restricted cash equivalents |
17,938 |
19,817 |
|||||||
|
Other current assets |
52,710 |
114,601 |
|||||||
|
Total current assets |
3,974,811 |
3,531,010 |
|||||||
|
Property and equipment, net |
171,721 |
164,155 |
|||||||
|
Long term investments |
74,033 |
— |
|||||||
|
Deferred income taxes — non-current |
26,629 |
37,319 |
|||||||
|
Other assets, net |
35,074 |
27,353 |
|||||||
|
Total assets |
$ |
4,282,268 |
$ |
3,759,837 |
|||||
|
Liabilities and stockholders' equity |
|||||||||
|
Current liabilities: |
|||||||||
|
Accounts payable |
$ |
52,154 |
$ |
86,061 |
|||||
|
Accrued liabilities |
34,029 |
23,278 |
|||||||
|
Accrued compensation and related liabilities |
78,181 |
83,773 |
|||||||
|
Deferred compensation plan obligations |
71,979 |
74,236 |
|||||||
|
Deferred income and allowances on sales to distributors |
279,876 |
428,711 |
|||||||
|
Income taxes payable |
— |
428 |
|||||||
|
Credit facility |
500,000 |
— |
|||||||
|
Total current liabilities |
1,016,219 |
696,487 |
|||||||
|
Income taxes payable — non-current |
263,423 |
231,833 |
|||||||
|
Credit facility |
— |
500,000 |
|||||||
|
Other non-current liabilities |
8,730 |
7,865 |
|||||||
|
Total liabilities |
1,288,372 |
1,436,185 |
|||||||
|
Commitments and contingencies |
|||||||||
|
Stockholders' equity: |
|||||||||
|
Common stock: $.001 par value; 1,000,000 shares authorized; outstanding - 322,054 at December 31, 2011 and 319,494 shares at December 31, 2010 |
322 |
319 |
|||||||
|
Capital in excess of par value |
1,050,752 |
908,989 |
|||||||
|
Accumulated other comprehensive loss |
(133) |
— |
|||||||
|
Retained earnings |
1,942,955 |
1,414,344 |
|||||||
|
Total stockholders' equity |
2,993,896 |
2,323,652 |
|||||||
|
Total liabilities and stockholders' equity |
$ |
4,282,268 |
$ |
3,759,837 |
|||||
|
ALTERA CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) |
||||||||||||||
|
YEARS ENDED |
||||||||||||||
|
(In thousands) |
December 31, |
December 31, |
December 31, |
|||||||||||
|
Cash Flows from Operating Activities: |
||||||||||||||
|
Net income |
$ |
770,711 |
$ |
782,884 |
$ |
251,062 |
||||||||
|
Adjustments to reconcile net income to net cash provided by operating activities: |
||||||||||||||
|
Depreciation and amortization |
31,927 |
27,535 |
29,022 |
|||||||||||
|
Stock-based compensation |
82,750 |
62,118 |
64,446 |
|||||||||||
|
Deferred income tax expense (benefit) |
15,657 |
34,256 |
(5,890) |
|||||||||||
|
Tax effect of employee stock plans |
16,162 |
27,444 |
(3,648) |
|||||||||||
|
Excess tax benefit from employee stock plans |
(17,307) |
(21,866) |
(990) |
|||||||||||
|
Gain on substantive termination of retiree medical plan |
— |
— |
(6,488) |
|||||||||||
|
Changes in assets and liabilities, net of the effects of acquisition: |
||||||||||||||
|
Accounts receivable, net |
131,341 |
(145,330) |
(136,115) |
|||||||||||
|
Inventories |
24,245 |
(76,819) |
14,931 |
|||||||||||
|
Other assets |
54,661 |
(52,805) |
38,862 |
|||||||||||
|
Accounts payable and other liabilities |
(32,534) |
59,200 |
7,918 |
|||||||||||
|
Deferred income and allowances on sales to distributors |
(148,836) |
146,826 |
77,611 |
|||||||||||
|
Income taxes payable |
31,116 |
15,746 |
39,860 |
|||||||||||
|
Deferred compensation plan obligations |
(293) |
(2,494) |
2,125 |
|||||||||||
|
Net cash provided by operating activities |
959,600 |
856,695 |
372,706 |
|||||||||||
|
Cash Flows from Investing Activities: |
||||||||||||||
|
Purchases of property and equipment |
(31,812) |
(12,442) |
(11,060) |
|||||||||||
|
Purchases of available-for-sale securities |
(164,408) |
— |
— |
|||||||||||
|
Proceeds from the maturities and sales of available-for-sale investments |
25,003 |
— |
— |
|||||||||||
|
Acquisition related payments, net of cash acquired |
— |
(8,004) |
— |
|||||||||||
|
Sales (purchases) of deferred compensation plan securities, net |
293 |
2,494 |
(2,125) |
|||||||||||
|
Purchases of intangible assets |
— |
(5,000) |
(690) |
|||||||||||
|
Net cash used in investing activities |
(170,924) |
(22,952) |
(13,875) |
|||||||||||
|
Cash Flows from Financing Activities: |
||||||||||||||
|
Proceeds from issuance of common stock through various stock plans |
119,989 |
453,719 |
42,144 |
|||||||||||
|
Shares withheld for employee taxes |
(32,152) |
(20,164) |
(10,738) |
|||||||||||
|
Repurchases of common stock |
(197,023) |
— |
— |
|||||||||||
|
Payment of dividends to stockholders |
(90,060) |
(67,774) |
(58,925) |
|||||||||||
|
Excess tax benefit from stock-based compensation |
17,307 |
21,866 |
990 |
|||||||||||
|
Principal payments on capital lease obligations |
— |
(2,866) |
(2,373) |
|||||||||||
|
Net cash (used in) provided by financing activities |
(181,939) |
384,781 |
(28,902) |
|||||||||||
|
Net increase in cash and cash equivalents |
606,737 |
1,218,524 |
329,929 |
|||||||||||
|
Cash and cash equivalents at beginning of period |
2,765,196 |
1,546,672 |
1,216,743 |
|||||||||||
|
Cash and cash equivalents at end of period |
$ |
3,371,933 |
$ |
2,765,196 |
$ |
1,546,672 |
||||||||
|
Supplemental cash flow information: |
||||||||||||||
|
Income taxes paid, net |
$ |
9,856 |
$ |
29,887 |
$ |
7,310 |
||||||||
|
Interest paid |
$ |
3,704 |
$ |
3,395 |
$ |
4,503 |
||||||||
| プレスコンタクト： | ||
|
広報 渋谷 裕佳 日本アルテラ株式会社 03-3340-9480 jpnewsrm@altera.com |
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