Financial Statements

Cirrus Logic, Inc. (CRUS)

$77.96

+2.60 (+3.45%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -202-222-139-107-
Net Income 21715990162-
Stock Dividends -128-139-173-194-107
Dividend Paid -----
Retained Earnings -113-202-222-139-107

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 300186191168-
Annual Depreciation 913531108219
Capital Expenditure -20-22-36-85-51
Net PPE 288300186191168

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -287289286287
New Purchases -231-238-99-249-226
Intangible and Goodwill 287289286287288

Cirrus Logic, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Cirrus Logic, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.