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Xilinx Inc (XLNX) SEC Filing 10-K Annual Report for the fiscal year ending Saturday, April 3, 2021

Xilinx Inc

CIK: 743988 Ticker: XLNX

Exhibit 99.1


Investor Relations Contact:
Suresh Bhaskaran
Xilinx, Inc.
(408) 879-4784
ir@xilinx.com


XILINX REPORTS FISCAL FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS

lRecord revenue of $851 million in the quarter; fiscal 2021 revenue of $3.15 billion
lData Center Group (DCG) revenue in the quarter increased 28% sequentially, and fiscal 2021 revenue increased 20% over the prior year
lWired and Wireless Group (WWG) revenue in the quarter increased 13% sequentially, driven by strength in Wireless with multiple regions deploying 5G, partially offset by weakness in Wired
lAerospace & Defense, Industrial and Test, Measurement & Emulation (AIT) revenue in the quarter declined 2% sequentially, with strong Industrial end market performance offset by an expected decline in TME and softness in Aerospace & Defense sales
lAutomotive, Broadcast and Consumer (ABC) revenue in the quarter declined 1% sequentially, with a record quarter in the Automotive end market offsetting seasonal declines in Broadcast and Consumer end markets
lFiscal fourth quarter free cash flow of $227 million, representing 27% of revenue; fiscal 2021 free cash flow of $1.04 billion, or 33% of revenue

SAN JOSE, Calif., May 4, 2021
-- Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive computing, today announced record revenues of $851 million for the fiscal fourth quarter, up 6% over the previous quarter and an increase of 13% year over year. Fiscal 2021 revenues were $3.15 billion, largely flat from the prior fiscal year.

GAAP net income for the fiscal fourth quarter was $188 million, or $0.75 per diluted share. Non-GAAP net income for the quarter was $204 million, or $0.82 per diluted share. GAAP net income for fiscal year 2021 was $647 million, or $2.62 per diluted share. Non-GAAP net income for fiscal year 2021 was $762 million, or $3.08 per diluted share.

Additional fourth quarter of fiscal year 2021 comparisons are provided in the charts below.


Q4 Fiscal 2021 Financial Highlights
(In millions, except EPS)



The following information was filed by Xilinx Inc (XLNX) on Tuesday, May 4, 2021 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

Cover
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
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Details)
Accumulated Other Comprehensive Loss (Tables)
Balance Sheet Information
Balance Sheet Information (Tables)
Balance Sheet Information - Other Assets (Details)
Balance Sheet Information - Payables And Accruals (Details)
Business Combination
Business Combination (Details)
Debt And Credit Facility
Debt And Credit Facility (Tables)
Debt And Credit Facility - Narrative (Details)
Debt And Credit Facility - Summary Of Carrying Value (Details)
Debt And Credit Facility - Summary Of Interest And Other Income (Expense) (Details)
Derivative Financial Instruments
Derivative Financial Instruments (Tables)
Derivative Financial Instruments - Derivative Instruments, Balance Sheet Location (Details)
Derivative Financial Instruments - Narrative (Details)
Derivative Financial Instruments - Outstanding Forward Currency Exchange Contracts (Details)
Derivative Financial Instruments- Summary Of Derivative Instruments, Income Statement Location (Details)
Employee Benefit Plans
Employee Benefit Plans (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Assets And Liabilities Measured At Fair Value (Details)
Fair Value Measurements - Narrative (Details)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Amortized Cost And Estimated Fair Value Of Marketable Debt Securities (Details)
Financial Instruments - Fair Value Of Gross And Unrealized Losses (Details)
Financial Instruments - Narrative (Details)
Financial Instruments - Schedule Available-For-Sale Securities (Details)
Financial Instruments - Summary Of Cash Equivalents Available-For-Sale (Details)
Goodwill And Acquisition-Related Intangibles
Goodwill And Acquisition-Related Intangibles (Tables)
Goodwill And Acquisition-Related Intangibles - Carrying Value Of Acquisitions-Related Intangibles (Details)
Goodwill And Acquisition-Related Intangibles - Narrative (Details)
Goodwill And Acquisition-Related Intangibles - Summary Of Goodwill And Acquisition - Related Intangibles (Details)
Income Taxes (Tables)
Income Taxes - Changes In Balance Of Gross Unrecognized Tax Benefits (Details)
Income Taxes - Components Of Deferred Tax Assets And Liabilities (Details)
Income Taxes - Income Tax Reconciliation (Details)
Income Taxes - Narrative (Details)
Income Taxes - Summary Of Domestic And Foreign Components Of Income Before Income Taxes (Details)
Income Taxes - Summary Of Provision For Income Taxes (Details)
Interest And Other Expense, Net
Interest And Other Expense, Net (Details)
Interest And Other Expense, Net (Tables)
Leases And Commitments
Leases And Commitments (Tables)
Leases And Commitments - Additional Information (Details)
Leases And Commitments - Components Of Lease Cost (Details)
Leases And Commitments - Lease Assets And Liabilities (Details)
Leases And Commitments - Other Information (Details)
Leases And Commitments - Schedule Of Future Lease Payments, Prior To Adoption Of 842 (Details)
Leases And Commitments - Schedule Of Maturity Of Lease Liability (Details)
Litigation Settlements And Contingencies
Nature Of Operations
Net Income Per Common Share
Net Income Per Common Share (Details)
Net Income Per Common Share (Tables)
Restructuring Charges And Executive Transition Costs
Restructuring Charges And Executive Transition Costs (Details)
Schedule Ii - Valuation And Qualifying Accounts
Schedule Ii - Valuation And Qualifying Accounts, Allowances (Details)
Schedule Ii - Valuation And Qualifying Accounts, Supplementary Financial Data Quarterly Data (Details)
Segment Information
Segment Information (Tables)
Segment Information - Percentage Of Total Revenues (Details)
Segment Information - Revenues By Geographic Region (Details)
Stock-Based Compensation Plans
Stock-Based Compensation Plans (Tables)
Stock-Based Compensation Plans - Equity Incentive Plans (Details)
Stock-Based Compensation Plans - Narrative (Details)
Stock-Based Compensation Plans - Stock-Based Compensation Expense (Details)
Stock-Based Compensation Plans - Summary Of Rsu Activity (Details)
Stock-Based Compensation Plans - Weighted-Average Assumptions (Details)
Stockholders' Equity
Stockholders' Equity (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: 0000743988-21-000016
Submitted to the SEC: Fri May 14 2021 4:58:37 PM EST
Accepted by the SEC: Fri May 14 2021
Period: Saturday, April 3, 2021
Industry: Semiconductors And Related Devices

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