Summary
KLA-Tencor Corporation's 2010 10-K filing showcases a company navigating the semiconductor industry landscape. As a leading provider of process control and yield management solutions, the company's performance is closely tied to the cyclical nature of semiconductor manufacturing capital expenditures. The filing details the company's financial position and operational highlights for the fiscal year ended June 30, 2010. Investors should note the company's market capitalization and its status as a large accelerated filer, indicating its significant size and regulatory compliance. The report provides a comprehensive overview of KLA-Tencor's business, risk factors, financial statements, and corporate governance. The focus for investors would be on the company's ability to maintain its competitive edge in a rapidly evolving technological environment, manage its risks effectively, and generate consistent financial returns. The detailed financial data, including balance sheets, income statements, and cash flow statements, will be crucial for a thorough understanding of the company's financial health and operational performance during this period.
Financial Highlights
54 data points| Revenue | $1.82B |
| Cost of Revenue | $815.66M |
| Gross Profit | $1.01B |
| R&D Expenses | $329.56M |
| SG&A Expenses | $361.37M |
| Operating Expenses | $1.51B |
| Operating Income | $314.17M |
| Interest Expense | $54.52M |
| Net Income | $212.30M |
| EPS (Basic) | $0.12 |
| EPS (Diluted) | $0.12 |
| Shares Outstanding (Basic) | 1.71B |
| Shares Outstanding (Diluted) | 1.73B |
Key Highlights
- 1KLA-Tencor Corporation (KLAC) filed its annual report on Form 10-K for the fiscal year ended June 30, 2010.
- 2The company is a large accelerated filer, indicating a significant market capitalization and adherence to stringent SEC reporting requirements.
- 3The filing includes detailed financial statements covering Consolidated Balance Sheets, Statements of Operations, Stockholders' Equity, and Cash Flows for the relevant periods.
- 4Key exhibits include agreements related to past acquisitions (ADE Corporation, ICOS Vision Systems Corporation NV) and various equity incentive plans, stock option plans, and employee stock purchase plans.
- 5The report outlines the company's business, risk factors, properties, and legal proceedings, providing a broad operational and legal overview.
- 6The aggregate market value of the registrant's common stock held by non-affiliates was $6.2 billion as of December 31, 2009.
- 7Valuation and qualifying accounts, including allowances for doubtful accounts and deferred tax assets, are detailed in Schedule II, showing fluctuations and management of these reserves.