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Sensata Technologies Holding N.V.'s SEC Filings

S-1/A
SENSATA TECHNOLOGIES HOLDING PLC filed this Form S-1/A on 03/09/2010
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Table of Contents

SUMMARY HISTORICAL FINANCIAL DATA

 

Set forth below is summary historical consolidated financial data of Sensata for the years ended December 31, 2007, 2008 and 2009, which has been derived from our audited historical financial statements which are included elsewhere in this prospectus. Our historical results are not necessarily indicative of the results that may be expected in the future. This information is only a summary and should be read in conjunction with our historical financial statements and the related notes thereto and other financial information appearing elsewhere in this prospectus, including “Use of Proceeds,” “Capitalization,” “Selected Consolidated and Combined Historical Financial Data,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

 

    For the year ended December 31,  
                   
(Amounts in thousands, except per share amounts)             2007                         2008                       2009            

Statement of Operations Data:

     

Net revenue

  $ 1,403,254      $ 1,422,655      $ 1,134,944   

Operating costs and expenses:

     

Cost of revenue

    944,765        951,763        742,080   

Research and development

    33,891        38,256        16,796   

Selling, general and administrative

    166,065        166,625        126,952   

Amortization of intangible assets and capitalized software

    131,064        148,762        153,081   

Impairment of goodwill and intangible assets

           13,173        19,867   

Restructuring

    5,166        24,124        18,086   
                       

Total operating costs and expenses

    1,280,951        1,342,703        1,076,862   
                       

Profit from operations

    122,303        79,952        58,082   

Interest expense

    (191,161     (197,840     (150,589

Interest income

    2,574        1,503        573   

Currency translation (loss)/gain and other, net(1)

    (105,449     55,467        107,695   
                       

(Loss)/income from continuing operations before taxes

    (171,733     (60,918     15,761   

Provision for income taxes

    62,504        53,531        43,047   
                       

Loss from continuing operations

    (234,237     (114,449     (27,286

Loss from discontinued operations

    (18,260     (20,082     (395
                       

Net loss(2)

  $ (252,497   $ (134,531   $ (27,681
                       

Net loss per share(3):

     

Loss from continuing operations per share—basic and diluted

  $ (1.62   $ (0.79   $ (0.19

Loss from discontinued operations per share—basic and diluted

    (0.13     (0.14       
                       

Net loss per share—basic and diluted

  $ (1.75   $ (0.93   $ (0.19
                       

Weighted-average ordinary shares outstanding

    144,054        144,066        144,057   

Other Financial Data:

     

Net cash provided by/(used in):

     

Operating activities

  $ 155,278      $ 47,481      $ 187,577   

Investing activities

    (355,710     (38,713     (15,077

Financing activities

    175,736        8,891        (101,748

Capital expenditures

    66,701        40,963        14,959   

EBITDA(4) (unaudited)

    187,862        315,460        366,890   

 

 

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