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COHU - Fundamentalanalyse - Jahresbericht / Bilanz / Geschäftsbericht

COHU INC. (ISIN: US1925761066, WKN: 856506) Kursdatum: 27.07.2017 Kurs: 19,400 USD
Beschreibung Daten
Symbol COHU
Marktkapitalisierung 533.112.000,00 USD
Land Vereinigte Staaten von Amerika
Indizes NASDAQ Comp.
Sektor Industriegüter
Rohdaten nach US GAAP in Millionen USD
Aktiensplits 1999-09-27 - 2:1 |
Internet
Letztes Bilanz Update 02.03.2017

Fundamentaldaten

Fundamental Verhältnisse errechnet am: 27.07.2017
KFCV KCV DIV Rendite GKR EKQ KGV KUV KBV
25,27 21,72 1,24% 0,87 68,15 176,36 1,89 2,26

Firmenbeschreibung

12.     Quarterly Financial Data (Unaudited)   Quarter     First (a)     Second (a)     Third (a)     Fourth (a)     Year   (in thousands, except per share data)                                                                                       Net sales: 2015   $ 63,447     $ 75,211     $ 67,512     $ 63,484     $ 269,654     2014   $ 60,170     $ 74,299     $ 91,573     $ 90,587     $ 316,629                                               Gross profit: 2015   $ 20,145     $ 25,702     $ 22,794     $ 20,397     $ 89,038     2014   $ 20,030     $ 24,263     $ 32,952     $ 28,727     $ 105,972                                               Income (loss) from continuing operations 2015   $ (1,720 )   $ 3,887     $ 1,335     $ 2,290     $ 5,792     2014   $ (2,707 )   $ 2,200     $ 10,012     $ 5,275     $ 14,780                                               Net income (loss) 2015   $ (2,740 )   $ (72 )   $ 1,113     $ 1,949     $ 250     2014   $ (3,348 )   $ 4,163     $ 7,519     $ 374     $ 8,708                                               Income (loss) per share (b):                                           Basic:                                           Income (loss) from continuing operations 2015   $ (0.07 )   $ 0.15     $ 0.05     $ 0.09     $ 0.22     2014

Firmenstrategie

RevenueRecognitionPolicyTextBlock

SegmentReportingDisclosureTextBlock

8.     Segment and Geographic Information

 

 

 

We applied the provisions of ASC Topic 280,

Segment Reporting

, (“ASC 280”) which sets forth a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products, major customers and the geographies in which the entity holds material assets and reports revenue. An operating segment is defined as a component that engages in business activities whose operating results are reviewed by the chief operating decision maker and for which discrete financial information is available. Based on the provisions of ASC 280, we have determined that our identified operating segments qualify for aggregation under ASC 280 due to their similarities in customer base, economic characteristics, and the nature of products and services provided and, as a result we report in one segment, semiconductor equipment. As a result, the financial information disclosed herein materially represents all of the financial information related to our semiconductor equipment segment.

 

 

 

During the last three years, the following customers comprised 10% or greater of our consolidated net sales:

 

 

 

 

     
2015
     
2014
     
2013
 
 
Intel
 
    18.0 %     15.7 %     18.5 %
 
NXP Semiconductors N.V.
(1)
    11.4 %     11.4 %     13.5 %

 

 

 

 

 
(1)
 
The merger of NXP Semiconductors N.V. and Freescale Semiconductor, Ltd. was completed on December 7, 2015. Sales to these customers have been combined for all periods presented.

 

 

 

 

 

 
COHU, INC.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

 

 

 

Net sales to customers, attributed to countries based on product shipment destination, were as follows:

 

 

 

 

 
(in thousands)
   
2015
     
2014
     
2013
 
 
Malaysia
  $ 60,776     $ 73,818     $ 51,491  
 
China
    52,589       51,662       39,202  
 
United States
    50,704       72,266       39,504  
 
Philippines
    16,270       28,669       26,489  
 
Rest of the World
    89,315       90,214       57,825  
 
Total
  $ 269,654     $ 316,629     $ 214,511  

 

 

 

 

Geographic location of our property, plant and equipment and other long-lived assets was as follows

:

 

 

 

 

EarningsPerSharePolicyTextBlock

Income (Loss

) Per Share

– Basic income (loss) per common share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the reporting period. Diluted income per share includes the dilutive effect of common shares potentially issuable upon the exercise of stock options, vesting of outstanding restricted stock units and issuance of stock under our employee stock purchase plan using the treasury stock method. In loss periods, potentially dilutive securities are excluded from the per share computations due to their anti-dilutive effect. For purposes of computing diluted income per share, stock options with exercise prices that exceed the average fair market value of our common stock for the period are excluded.

 

For the years ended December 26, 2015 and December 27, 2014 approximately 875,000 and 1,771,000 shares of our common stock were excluded from the computation, respectively.

 

The following table reconciles the denominators used in computing basic and diluted income (loss) per share

:

 

 

 
(in thousands)
   
2015
     
2014
 
 
Property, plant and equipment:
 
 
 
 
 
 
 
 
 
United States
  $ 3,054     $ 18,986  
 
Germany
    6,882       7,484  
 
Philippines
    4,171       2,721  
 
Malaysia
    4,165       1,838  
 
Rest of the World
    728       825  
 
Total, net
  $ 19,000     $ 31,854  
                 
 
Goodwill and other intangible assets:
 
 
 
 
 
 
 
 
 
Germany
  $ 31,337     $ 38,527  
 
Switzerland
    22,444       25,921  
 
United States
    17,241       17,241  
 
Malaysia
    6,995       6,988  
 
Singapore
    6,558       6,558  
 
Rest of the World
    986       984  
 
Total, net
  $ 85,561
 
(in thousands)
   
2015
     
2014
     
2013
 
 
Weighted average common shares outstanding
    26,057       25,393       24,859  
 
Effect of dilutive stock options and restricted stock units
    731       613       -  
      26,788       26,006       24,859  

 

 

Cohu has utilized the “control number” concept in the computation of diluted earnings per share to determine whether potential common stock instruments are dilutive. The control number used is income from continuing operations. The control number concept requires that the same number of potentially dilutive securities applied in computing diluted earnings per share from continuing operations be applied to all other categories of income or loss, regardless of their anti-dilutive effect on such categories.