Summary
This 8-K/A filing from Analog Devices Inc. (ADI) on October 1, 2014, serves as an amendment to provide updated and incorporated financial information related to the acquisition of Hittite Microwave Corporation. The primary focus of this filing is the presentation of the financial statements of the acquired business, Hittite, and pro forma combined financial information. Investors can find audited and unaudited financial statements for Hittite covering various periods, including year-end 2013 and interim periods in 2014, which are crucial for understanding the financial health and performance of the acquired entity. The filing also includes unaudited pro forma condensed combined statements of income. These statements present the combined financial results of ADI and Hittite as if the acquisition had occurred at an earlier date (November 4, 2012). This pro forma data is vital for investors to assess the potential impact of the Hittite acquisition on ADI's future financial performance and to provide a more comparable view of historical combined earnings. Additionally, the report references the Agreement and Plan of Merger and a Credit Agreement, highlighting the financial and legal framework surrounding the acquisition.
Key Highlights
- 1Filing provides updated financial statements for Hittite Microwave Corporation, the acquired entity.
- 2Includes audited financial statements of Hittite for the years ended December 31, 2013, 2012, and 2011.
- 3Presents unaudited condensed consolidated financial statements of Hittite for interim periods in 2013 and 2014, including data up to June 30, 2014.
- 4Includes unaudited pro forma condensed combined statements of income, illustrating the potential impact of the Hittite acquisition on ADI's historical earnings.
- 5The pro forma statements assume the Hittite acquisition occurred on November 4, 2012, allowing for a historical combined performance view.
- 6References the Agreement and Plan of Merger dated June 9, 2014, formalizing the acquisition terms.
- 7Discloses a Credit Agreement dated July 22, 2014, indicating financing arrangements related to the acquisition.