Investor Presentaiton
Our Capital Allocation Priorities Align to our Strategy Going Forward
INVESTMENT
DELIVERED
GROWTH 30 Years through FY17
16% 30Yr. CAGR on Revenue
R&D
16%
30Yr. CAGR on Net Income
$972
$827
CAP EX
23%
ROIC - Last 10 Year Average*
24%
Revenue From New Products - 3Yr.
SOURCES OF CASH
Earnings
Cash from Operations
$333
$487 $516
$551
Capital Markets
Asset Monetization
2010
2011 2012 2013 2014 2015 2016 2017
M&A
$551
$516
$487
$316
$333
$292
$224 $225
* Defined as trailing 12 months of net income divided by the sum of capital (common stock, APIC, treasury shares) and debt
$123 $114. $128 $143
(current and long-term portion). $74
$28 $38 $53
IPO 1987 1995 1996 1997 1998 1999 2000
IIVI
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
MATERIALS THAT MATTER™ | 40View entire presentation