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SWKS Price Correlated With Financials For Skyworks Solutions

Free historical financial statements for Skyworks Solutions Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 48 quarters since 2010. Compare with SWKS stock chart to see long term trends.

SWKS Stock Compared to Quarterly

SWKS Income Statement

Revenue, Net:1406900000
Revenue Per Share:8.6632
Cost of Goods & Services Sold:738200000
Gross Profit:668700000
Selling, General & Admin Expense:87800000
Research & Development Expense:149600000
Total Operating Expenses:280700000
Operating Income:388000000
Income Taxes:70100000
Net Income:302200000
Earnings Per Share, Basic:1.9
Shares Outstanding, Basic Avg:162400000

SWKS Cash Flow

Operating Activities Net Income:
Net Cash from Operations:236300000
Net Cash from Operations Per Share:1.455
Repurchases/Buybacks Common Stock:80300000
Cash Dividends Paid:99400000
Net Cash from Financing Activities:-166000000
Property, Plant & Equipment Purchases:141700000
Net Cash from Investing Activities:-147300000
Net Change in Cash & Equivalents:-77000000

SWKS Balance Sheet

Cash and Cash Equivalents:566000000
Short-Term Investments:20300000
Inventories:1212100000
Total Current Assets:3229900000
Property, Plant & Equipment, Net:1604800000
Total Assets:8873800000
Accounts Payable:274200000
Total Short-Term Liabilities:1226900000
Total Liabilities:3404800000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
18,026,777 sh
141,784 sh
1%
$1,537,143
-$119,723
Blackrock Inc.
13,447,999 sh
-419,754 sh
-3%
$1,146,710
-$137,999
State Street Corp
7,397,273 sh
109,435 sh
2%
$630,765
-$44,380
Vulcan Value Partners, LLC
4,650,429 sh
12,435 sh
0%
$396,542
-$33,121
Geode Capital Management, LLC
3,447,555 sh
66,421 sh
2%
$293,650
-$19,041
Lazard Asset Management LLC
2,857,529 sh
-216,673 sh
-7%
$243,660
-$41,133
Victory Capital Management Inc
2,378,800 sh
1,689,850 sh
245%
$202,841
$139,017
Northern Trust Corp
2,021,727 sh
-128,825 sh
-6%
$172,392
-$114,233
FMR LLC
1,979,967 sh
800,361 sh
68%
$168,832
$59,554
Bank Of New York Mellon Corp
1,881,957 sh
52,897 sh
3%
$160,476
-$8,968
London Co Of Virginia
1,828,500 sh
40,433 sh
2%
$155,916
-$9,731
Invesco Ltd.
1,821,221 sh
53,704 sh
3%
$155,295
-$8,446
Morgan Stanley
1,685,579 sh
-1,917 sh
0%
$143,731
-$12,600
Millennium Management LLC
1,670,133 sh
1,458,533 sh
689%
$142,412
$122,809
Dimensional Fund Advisors LP
1,528,580 sh
47,080 sh
3%
$130,401
-$6,844
Legal & General Group Plc
1,355,680 sh
-73,148 sh
-5%
$115,599
-$16,768
Citadel Advisors LLC
1,338,978 sh
613,678 sh
85%
$114,175
$46,983
Marshall Wace, Llp
1,146,633 sh
-452,869 sh
-28%
$97,774
-$50,403
Citadel Advisors LLC
Call options for 1,126,200 sh
1,126,200 sh
NEW
$96,031
$96,031
First Trust Advisors Lp
1,115,831 sh
73,430 sh
7%
$95,146
-$1,422
COMPANY PROFILE
2.     BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

All Skyworks subsidiaries are included in the Company’s consolidated financial statements and all intercompany balances are eliminated in consolidation. Certain items in the fiscal years 2019 and 2020 financial statements have been reclassified to conform to the fiscal 2021 presentation.

Fiscal Year

The Company’s fiscal year ends on the Friday closest to September 30. Fiscal 2021 and 2019 each consisted of 52 weeks and ended on October 1, 2021, and September 27, 2019, respectively. Fiscal 2020 consisted of 53 weeks and ended on October 2, 2020.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts of assets, liabilities, revenue, expenses, comprehensive income, and accumulated other comprehensive loss during the reporting period. The Company evaluates its estimates on an ongoing basis using historical experience and other factors, including the current economic environment. Judgment is required in determining the reserves for and fair value of items such as overall fair value assessments of assets and liabilities, particularly those classified as Level 2 or Level 3 in the fair value hierarchy, marketable securities, inventory, intangible assets associated with business combinations, share-based compensation, revenue reserves, loss contingencies, and income taxes. In addition, judgment is required in determining whether a potential indicator of impairment of long-lived assets exists and in estimating future cash flows for any necessary impairment testing. Actual results could differ significantly from these estimates.

Cash and Cash Equivalents

The Company invests excess cash in time deposits, certificates of deposit, money market funds, U.S. Treasury securities, agency securities, other government securities, corporate debt securities, and commercial paper. The Company considers highly liquid investments as cash equivalents including money market funds and investments with maturities of 90 days or less when purchased.

Investments

The Company classifies its investment in marketable debt securities as “available-for-sale.” Available-for-sale securities are carried at fair value with unrealized holding gains or losses recorded in other comprehensive income, net of tax. Gains or losses are included in earnings in the period in which they are realized. The cost of securities sold is determined based on the specific identification method. The cost of available-for-sale debt securities is adjusted for premiums and discounts, with the amortization or accretion of such amounts included as a portion of interest. Available-for-sale debt securities with an original maturity date greater than three months and less than one year are classified as current investments. Available-for-sale debt securities with an original maturity date exceeding one year are classified as long-term.

Fair Value

Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principle or most advantageous market in an orderly transaction between market participants at the measurement date. Applicable accounting guidance provides a hierarchy for inputs used in measuring fair value that prioritize the use of observable inputs over the use of unobservable inputs, when such observable inputs are available. The three levels of inputs that may be used to measure fair value are as follows:

• Level 1 - Quoted prices in active markets for identical assets or liabilities.

• Level 2 - Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets with insufficient volume or infrequent transactions (less active markets), or model-driven valuations in which all significant inputs are observable or can be derived principally f

Data imported from Skyworks Solutions Inc SEC filings. Check original filings before making any investment decision.