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Xilinx Inc (XLNX) SEC Filing 10-K Annual report for the fiscal year ending Saturday, April 1, 2017

Xilinx Inc

CIK: 743988 Ticker: XLNX


Exhibit 99.1

Investor Relations Contact:                            
Lori Owen
Xilinx, Inc.
(408) 879-6911
ir@xilinx.com

XILINX SALES GROW FOR 6TH CONSECUTIVE QUARTER;
DIVIDEND RAISED FOR 12TH CONSECUTIVE YEAR

SAN JOSE, CA, April 26, 2017
-- Xilinx, Inc. (Nasdaq: XLNX) today announced March quarter and fiscal 2017 results. Sales increased 4% to $609 million in the March quarter, representing the sixth consecutive quarter of sales increase for the Company. March quarter net income was $153 million, or $0.57 per diluted share. Fiscal 2017 sales were $2.35 billion, up 6% from the prior fiscal year. Fiscal 2017 net income was $623 million, or $2.32 per diluted share.

The Xilinx Board of Directors declared a quarterly cash dividend of $0.35 per outstanding share of common stock, an increase from the current dividend of $0.33 per share. The quarterly dividend increase will be effective in the June quarter, payable on June 1, 2017 to all stockholders of record at the close of business on May 16, 2017.

Additional March quarter comparisons are represented in the charts below:

GAAP Results
(In millions, except EPS)
                         
 
Q4
FY 2017
Q3
FY 2017
Q4
FY 2016
 

Q-T-Q

Y-T-Y
Net revenues
$609
$586
$571
 
4%
7%
Operating income
$173
$163
$178
 
6%
-3%
Net income
$153
$142
$145
 
8%
6%
Diluted earnings per share
$0.57
$0.52
$0.54
 
10%
6%

“In the March quarter, we achieved a major milestone when sales from our 28nm product family significantly surpassed $200 million, setting a PLD industry record,” said Moshe Gavrielov, Xilinx President and Chief Executive Officer. “Our newest products, manufactured on the 20nm and 16nm nodes, experienced similar success during the quarter. Our 20nm products generated $60 million in sales driven by a broad base of applications. At the 16nm node, we are now shipping 14 unique products to more than 450 customers. Our execution at the 28nm, 20nm and 16nm technology nodes has enabled our ‘3-peat’ leadership over the competition.”





The following information was filed by Xilinx Inc (XLNX) on Wednesday, April 26, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Xilinx Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Schedule Ii - Valuation And Qualifying Accounts
Schedule Ii - Valuation And Qualifying Accounts (allowances) (details)
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Consolidated Statements Of Stockholders' Equity
Consolidated Statements Of Stockholders' Equity (parenthetical)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (details)
Accumulated Other Comprehensive Loss (tables)
Balance Sheet Information
Balance Sheet Information (tables)
Balance Sheet Information Payables And Accruals (details)
Business Combination
Commitments
Commitments (details Textual)
Commitments (details)
Commitments (tables)
Debt And Credit Facility
Debt And Credit Facility (details 1)
Debt And Credit Facility (details)
Debt And Credit Facility (tables)
Derivative Financial Instruments
Derivative Financial Instruments (details 1)
Derivative Financial Instruments (details 2)
Derivative Financial Instruments (details Textual)
Derivative Financial Instruments (details)
Derivative Financial Instruments (tables)
Employee Benefit Plans
Employee Benefit Plans (details)
Fair Value Measurements
Fair Value Measurements (details 1)
Fair Value Measurements (details Textual)
Fair Value Measurements (details)
Fair Value Measurements (tables)
Financial Instruments
Financial Instruments (details 1)
Financial Instruments (details 2)
Financial Instruments (details 3)
Financial Instruments (details)
Financial Instruments (tables)
Goodwill And Acquisition-related Intangibles
Goodwill And Acquisition-related Intangibles (details 1)
Goodwill And Acquisition-related Intangibles (details)
Goodwill And Acquisition-related Intangibles (tables)
Income Taxes
Income Taxes (details 1)
Income Taxes (details 2)
Income Taxes (details 3)
Income Taxes (details 4)
Income Taxes (details Textual)
Income Taxes (details)
Income Taxes (tables)
Income Taxes Adjustments To Additional Paid In Capital, Income Tax Benefit From Share-based Compensation (details)
Income Taxes Excess Tax Benefits, Share-based Compensation (details)
Income Taxes Income Tax Holiday Statutory Rate (details)
Income Taxes Tax Credit Carryforward (details)
Interest And Other Expense, Net
Interest And Other Expense, Net (details)
Interest And Other Expense, Net (tables)
Litigation Settlements And Contingencies
Litigation Settlements And Contingencies (details)
Nature Of Operations
Nature Of Operations (details)
Net Income Per Common Share
Net Income Per Common Share Earnings Per Common Share (details)
Net Income Per Common Share Earnings Per Share (tables)
Net Income Per Common Share Net Income Per Common Share (details Textual)
Restructuring Charges
Restructuring Charges (details)
Segment Information
Segment Information (details)
Segment Information (tables)
Stock-based Compensation Plans
Stock-based Compensation Plans (details 1)
Stock-based Compensation Plans (details 2)
Stock-based Compensation Plans (details 3)
Stock-based Compensation Plans (details Textual)
Stock-based Compensation Plans (details)
Stock-based Compensation Plans (tables)
Stockholders' Equity
Stockholders' Equity (details)
Subsequent Event
Subsequent Event (details)
Summary Of Significant Accounting Policies And Concentrations Of Risk
Summary Of Significant Accounting Policies And Concentrations Of Risk (concentrations) (details)
Summary Of Significant Accounting Policies And Concentrations Of Risk (inventory) (details)
Summary Of Significant Accounting Policies And Concentrations Of Risk (investments) (details)
Summary Of Significant Accounting Policies And Concentrations Of Risk (other) (details)
Summary Of Significant Accounting Policies And Concentrations Of Risk (policies)
Summary Of Significant Accounting Policies And Concentrations Of Risk (ppe) (details)
Summary Of Significant Accounting Policies And Concentrations Of Risk (tables)
Ticker: XLNX
CIK: 743988
Form Type: 10-K Annual Report
Accession Number: 0000743988-17-000046
Submitted to the SEC: Mon May 15 2017 4:48:22 PM EST
Accepted by the SEC: Mon May 15 2017
Period: Saturday, April 1, 2017
Industry: Semiconductors And Related Devices

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