SYNAPTICS Inc
For the period ended Jun 29, 2024. Filed Aug 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Aug 23, 2024
SYNA$117.25+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in millions, except per share amounts)
| Fiscal Year | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenue | $959.4 | $1,355.1 | $1,739.7 |
| Cost of revenue | 519.6 | 639.2 | 796.6 |
| Gross margin | 439.8 | 715.9 | 943.1 |
| Operating expenses: | |||
| Research and development | 336.3 | 351.2 | 367.3 |
| Selling, general, and administrative | 161.3 | 175.0 | 168.4 |
| Acquired intangibles amortization | 17.3 | 35.4 | 38.7 |
| Intangible asset impairment charge | 16.0 | — | — |
| Restructuring costs | 10.5 | — | 18.3 |
| Total operating expenses | 541.4 | 561.6 | 592.7 |
| Operating (loss)/income | (101.6) | 154.3 | 350.4 |
| Interest and other income | 42.3 | 27.2 | 3.0 |
| Interest expense | (65.3) | (55.5) | (30.2) |
| Loss on redemption of convertible notes | — | — | (8.1) |
| Gain from sale and leaseback transaction | — | — | 5.4 |
| (Loss)/income before provision for income taxes | (124.6) | 126.0 | 320.5 |
| (Benefit)/provision for income taxes | (250.2) | 52.4 | 64.6 |
| Equity investment gain | — | — | 1.6 |
| Net income | $125.6 | $73.6 | $257.5 |
| Net income per share: | |||
| Basic | $3.20 | $1.86 | $6.60 |
| Diluted | $3.16 | $1.83 | $6.33 |
| Shares used in computing net income: | |||
| Basic | 39.2 | 39.6 | 39.0 |
| Diluted | 39.7 | 40.2 | 40.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.