SILICON LABORATORIES INC. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information and Holders Our registration statement (Registration No. 333-94853) under the Securities Act of 1933, as amended, relating to our initial public offering of our common stock became effective on March 23, 2000. Our common stock is quoted on the NASDAQ National Market (NASDAQ) under the symbol “SLAB”. As of January 25, 2021, there were 66 holders of record of our common stock. Dividend Policy We have never declared or paid any cash dividends on our common stock and we currently do not intend to pay cash dividends. We currently expect to retain any future earnings to fund the operation and expansion of our business. Stock Performance Graph The graph depicted below shows a comparison of cumulative total stockholder returns for an investment in Silicon Laboratories Inc. common stock, the NASDAQ Composite Index and the PHLX Semiconductor Index. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Company / Index 01/02/16 12/31/16 12/30/17 12/29/18 12/28/19 01/02/21 Silicon Laboratories Inc. ​ $ 100.00 ​ $ 133.91 ​ $ 181.91 ​ $ 161.72 ​ $ 240.05 ​ $ 262.34 NASDAQ Composite Index ​ $ 100.00 ​ $ 108.87 ​ $ 141.13 ​ $ 136.06 ​ $ 188.13 ​ $ 271.64 PHLX Semiconductor Index ​ $ 100.00 ​ $ 139.32 ​ $ 195.80 ​ $ 182.72 ​ $ 301.80 ​ $ 461.53 (1) The graph assumes that $100 was invested in our common stock and in each index at the market close on January 2, 2016, and that all dividends were reinvested. No cash dividends have been declared on our common stock. (2) Stockholder returns over the indicated period should not be considered indicative of future stockholder returns. 30 Table of Contents Issuer Purchases of Equity Securities There were no repurchases of our common stock during the three months ended January 2, 2021. ​ Item 6. Selected Financial Data Please read this selected consolidated financial data in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” our Consolidated Financial Statements and the notes to those statements included in this Form 10-K. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fiscal Year ​ 2020 2019 2018 (1) 2017 2016 ​ ​ (in thousands, except per share data) Consolidated Statements of Income Data ​ ​ ​ ​ ​ Revenues ​ $ 886,677 ​ $ 837,554 ​ $ 868,267 ​ $ 768,867 ​ $ 697,626 Operating income ​ $ 38,300 ​ $ 56,697 ​ $ 85,208 ​ $ 84,974 ​ $ 66,277 Net income ​ $ 12,531 ​ $ 19,265 ​ $ 83,591 ​ $ 47,092 ​ $ 61,494 Earnings per share: ​ ​ ​ ​ ​ ​ Basic ​ $ 0.29 ​ $ 0.44 ​ $ 1.94 ​ $ 1.11 ​ $ 1.47 Diluted ​ $ 0.28 ​ $ 0.43 ​ $ 1.90 ​ $ 1.09 ​ $ 1.45 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated Balance Sheet Data ​ ​ ​ ​ ​ ​ Cash, cash equivalents and investments ​ $ 730,023 ​ $ 731,618 ​ $ 619,581 ​ $ 769,704 ​ $ 300,263 Working capital ​ 691,323 ​ 806,158 ​ 681,793 ​ 785,317 ​ 351,156 Total assets ​ 1,993,487 ​ 1,674,853 ​ 1,624,354 ​ 1,535,082 ​ 1,081,844 Long‑term obligations ​ 509,148 ​ 422,101 ​ 412,219 ​ 419,741 ​ 115,191 Total stockholders’ equity ​ 1,199,841 ​ 1,115,051 ​ 1,067,290 ​ 953,016 ​ 826,958 (1) In fiscal 2018, we adopted Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers . We elected the modified retrospective method of adoption. Periods prior to fiscal 2018 have not been adjusted. ​ 31 Table of Contents