XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 28, 2015
Sep. 27, 2014
Current assets:    
Cash and cash equivalents $ 527,146us-gaap_CashAndCashEquivalentsAtCarryingValue $ 587,981us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 1,629us-gaap_ShortTermInvestments [1] 9,105us-gaap_ShortTermInvestments [1]
Accounts and notes receivable, net of allowance for doubtful accounts of $0 and $143 respectively 149,378us-gaap_AccountsNotesAndLoansReceivableNetCurrent 171,530us-gaap_AccountsNotesAndLoansReceivableNetCurrent
Inventories, net 76,529us-gaap_InventoryNet 49,694us-gaap_InventoryNet
Prepaid expenses and other current assets 14,997us-gaap_PrepaidExpenseAndOtherAssetsCurrent 15,090us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred income taxes 4,295us-gaap_DeferredTaxAssetsNetCurrent 4,291us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 773,974us-gaap_AssetsCurrent 837,691us-gaap_AssetsCurrent
Property, plant and equipment, net 52,152us-gaap_PropertyPlantAndEquipmentNet 52,755us-gaap_PropertyPlantAndEquipmentNet
Goodwill 81,272us-gaap_Goodwill 41,546us-gaap_Goodwill
Intangible assets 63,279us-gaap_IntangibleAssetsNetExcludingGoodwill 5,891us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 6,599us-gaap_OtherAssetsNoncurrent 6,565us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 977,276us-gaap_Assets 944,448us-gaap_Assets
Current liabilities:    
Short-term Debt 837us-gaap_ShortTermBorrowings 0us-gaap_ShortTermBorrowings
Accounts payable 50,692us-gaap_AccountsPayableCurrent 35,132us-gaap_AccountsPayableCurrent
Accrued expenses and other current liabilities 43,294klic_AccruedExpensesAndOtherCurrentLiabilities 43,731klic_AccruedExpensesAndOtherCurrentLiabilities
Income taxes payable 1,953us-gaap_AccruedIncomeTaxesCurrent 2,488us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities 96,776us-gaap_LiabilitiesCurrent 81,351us-gaap_LiabilitiesCurrent
Financing obligation 17,522us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions 19,102us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions
Deferred income taxes 51,459us-gaap_DeferredTaxLiabilitiesNoncurrent 44,963us-gaap_DeferredTaxLiabilitiesNoncurrent
Other liabilities 11,280us-gaap_OtherLiabilitiesNoncurrent 9,790us-gaap_OtherLiabilitiesNoncurrent
TOTAL LIABILITIES 177,037us-gaap_Liabilities 155,206us-gaap_Liabilities
Commitments and contingent liabilities (Note 13)      
SHAREHOLDERS' EQUITY:    
Preferred stock, without par value: Authorized 5,000 shares; issued - none 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, no par value: Authorized 200,000 shares; issued 82,490 and 81,624 respectively; outstanding 76,917 and 76,626 shares, respectively 485,811us-gaap_CommonStockValue 479,116us-gaap_CommonStockValue
Treasury stock, at cost, 5,753 and 4,998 shares, respectively (57,209)us-gaap_TreasuryStockValue (46,984)us-gaap_TreasuryStockValue
Retained earnings 370,639us-gaap_RetainedEarningsAccumulatedDeficit 354,866us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 998us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 2,244us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
TOTAL SHAREHOLDERS' EQUITY 800,239us-gaap_StockholdersEquity 789,242us-gaap_StockholdersEquity
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 977,276us-gaap_LiabilitiesAndStockholdersEquity $ 944,448us-gaap_LiabilitiesAndStockholdersEquity
[1] All short-term investments were classified as available-for-sale and were measured at fair value based on level one measurement, or quoted market prices, as defined by ASC 820. As of March 28, 2015 and September 27, 2014, fair value approximated the cost basis for short-term investments. The Company did not recognize any realized gains or losses on the sale of investments during the three and six months ended March 28, 2015 and March 29, 2014.