SUPPLEMENTAL FINANCIAL INFORMATION Q2 FISCAL YEAR 2022 ...

SUPPLEMENTAL FINANCIAL INFORMATION Q2 FISCAL YEAR 2022 (QUARTER ENDED SEPTEMBER 30, 2021)

Q2 FY 2022 FINANCIAL HIGHLIGHTS

$1,306

million

Revenue

2%

Y/Y Sales Growth

42.0%

Non-GAAP

Gross Margin

$211

million

Non-GAAP

Operating Income

$1.05

per share

Non-GAAP

Diluted EPS

($63)

million

Cash Flow from Operations

Results listed in non-GAAP. Sales are net sales and comparisons are Y/Y and on a constant currency basis.

Quarterly Financial Trends

Preliminary results * In $ millions except per share and %

Q2'19

GAAP Results Net Sales Gross Margin Operating Expenses Operating Income Operating Margin Net Income Diluted EPS Avg. Diluted Shares Outstanding

691 37.1%

191 65

9.4% 64

$0.38 169

Non-GAAP Results Net Sales Gross Margin Operating Expenses Operating Income Operating Margin Net Income Diluted EPS

691 37.6%

175 85

12.2% 83

$0.49

Net Sales by Product Category

Pointing Devices

128

Keyboards & Combos

132

PC Webcams

28

Tablet & Other Accessories

37

Video Collaboration

57

Gaming

161

Mobile Speakers

77

Audio & Wearables

62

Smart Home

9

Other

0

Total Net Sales

691

Q3'19

864 37.5%

201 123 14.3% 113 $0.67 169

864 38.1%

186 143 16.6% 134 $0.79

149 144

33 36 74 214 96 99 20

0 864

Q4'19

624 37.3%

191 42

6.8% 42

$0.25 169

624 38.0%

173 64

10.3% 65

$0.38

132 132

30 23 69 138 23 65 12

0 624

Q1'20

644 37.1%

192 47

7.4% 45

$0.27 169

644 37.8%

176 67

10.4% 66

$0.39

122 129

28 38 73 135 50 59 10

0 644

Q2'20

720 37.8%

204 68

9.5% 73

$0.43 169

720 38.4%

187 89

12.4% 85

$0.50

133 139

29 34 90 161 57 68

9 0 720

Q3'20

903 37.1%

206 129 14.3% 118 $0.69 170

903 37.6%

188 152 16.8% 143 $0.84

155 156

32 31 92 246 93 82 16

0 903

Q4'20

709 39.0%

245 32

4.5% 214 $1.26 170

709 39.8%

203 79

11.1% 71

$0.42

135 148

40 32 111 149 21 65

8 0 709

Q1'21

792 38.6%

222 83

10.5% 72

$0.42 170

792 39.2%

193 117 14.8% 109 $0.64

120 145

61 46 130 182 29 71

7 0 792

Q2'21

1,257 45.3%

248 322 25.6% 267 $1.56 171

1,257 45.7%

221 354 28.1% 320 $1.87

169 202 102

83 237 298

44 114

9 0 1,257

Q3'21

1,667 44.9%

301 448 26.9% 383 $2.22 173

1,667 45.2%

278 476 28.6% 423 $2.45

214 218 132 138 293 436

73 153

11 0

1,667

Q4'21

1,536 46.3%

416 295 19.2% 226 $1.31 173

1,536 46.6%

391 325 21.2% 251 $1.45

178 219 145 117 386 323

30 130

8 0 1,536

Q1'22

1,312 43.4%

366 203 15.5% 187 $1.09 172

1,312 43.8%

340 235 17.9% 210 $1.22

183 218 110

79 235 336

28 117

6 0 1,312

Note: These preliminary results for the three months ended September 30, 2021 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly on Form 10-Q.

Q2'22

1,306 41.5%

363 179 13.7% 139 $0.81 171

1,306 42.0%

337 211 16.2% 180 $1.05

189 236

94 81 232 331 39 98

6 0 1,306

Cash Flow and Operational Trends 1,2

Preliminary results * In $ millions except working capital metrics

Q2'19

Q3'19

Balance Sheet Cash and Cash Equivalents Debt Accounts Receivable Inventory Accounts Payable Net Working Capital 1

425 0

460 2 359 441 378

584 0

484 2 342 436 390

Working Capital Metrics Days Sales Outstanding Days of Inventory Days Payables Outstanding Cash Conversion Cycle Cash Flow from Operations

60 2

50 2

74

57

91

73

43 2

34 2

85

176

Capital Return Dividends Paid Shares Repurchased Total Capital Return LTM Capital Return

114

0

10

3

124

3

154

147

Q4'19

605 0

383 2 293 284 393

55 2 67 65 57 2 32

0 10 10 147

Q1'20

597 0

419 297 339 377

59 66 75 50 37

0 15 15 152

Q2'20

574 0

466 338 411 393

58 68 83 43 107

124 0

124 152

Q3'20

656 0

531 307 439 400

53 49 70 32 181

0 0 0 149

Q4'20

716 0

395 229 259 365

50 48 54 44 101

0 35 35 175

Q1'21

809 0

500 271 430 342

57 50 80 27 119

0 0 0 159

Q2'21

917 0

751 395 663 483

Q3'21

1,389 0

895 477 812 560

Q4'21

1,750 0

612 661 823 450

Q1'22

1,498 0

546 779 710 615

54

48

36

37

52

47

72

94

87

80

90

86

19

15

18

45

280

530

530

(115)

147

0

0

0

22

50

92

55

169

50

92

55

204

255

311

366

1. Net Working Capital is defined here as Accounts Receivables + Inventory - Accounts Payable. 2. Q1'19, Q2'19, Q3'19, and Q4'19 accounts receivables, DSO, and cash conversion cycle include the implementation of ASC 606. Note: These preliminary results for the three months ended September 30, 2021 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly Report on Form 10-Q.

Q2'22

1,137 0

728 828 661 895

50 97 78 69 (63)

159 120 279 476

GAAP to Non-GAAP Reconciliations

Preliminary results * In $ millions except per share and %

Gross Profit - GAAP Share-based compensation expense Amortization of intangible assets and purchase accounting efffect on inventory

Gross Profit - Non-GAAP

Operating Expenses - GAAP Share-based compensation expense Amortization of intangible assets and acquistion-related costs

Change in fair value of contingent consideration for business acquisition Restructuring charges (credits), net Operating Expenses - Non-GAAP

Operating Income - GAAP Share-based compensation expense Amortization of intangible assets Purchase accounting effect on inventory Acquistion-related costs Change in fair value of contingent consideration for business acquisition Restructuring charges (credits), net

Operating Income - Non-GAAP

Net Income From Continuing Operations - GAAP Share-based compensation expense Amortization of intangible assets Purchase accounting effect on inventory Acquistion-related costs Change in fair value of contingent consideration for business acquisition Restructuring charges (credits), net Gain/(loss) from equity method investments Non-GAAP tax adjustment

Net Income From Continuing Operations - Non-GAAP

Net Income from Continuing Operations Per Share Diluted- GAAP Diluted - Non-GAAP

Q2'19

256 1 3

260

191 11

4

0 0 175

65 12

5 0 1 0 0 85

64 12

5 0 1 0 0 (0) (0) 83

$0.38 $0.49

Q3'19

324 1 5

330

201 11

4

0 (0) 186

123 12

7 1 0 0 (0) 143

113 12

7 1 0 0 (0) (0) 1 134

$0.67 $0.79

Q4'19

233 1 3

237

191 12

4

0 2 173

42 13

7 0 0 0 2 64

42 13

7 0 0 0 2 (0) 1 65

$0.25 $0.38

Q1'20

239 1 3

243

192 11

4

0 0 176

47 12

7 0 0 0 0 67

45 12

7 0 0 0 0 (0) 1 66

$0.27 $0.39

Q2'20

272 1 3

277

204 13

4

0 (0) 187

68 14

7 0 1 0 (0) 89

73 14

7 0 1 0 (0) 0 (10) 85

$0.43 $0.50

Q3'20

334 1 4

340

206 13

5

0 (0) 188

129 14

8 0 1 0 (0) 152

118 14

8 0 1 0 (0) 1 2 143

$0.69 $0.84

Q4'20

277 1 4

282

245 13

5

23 0 203

32 15

9 0 0 23 0 79

214 15

9 0 0 23 0 (40) (150) 71

$1.26 $0.42

Q1'21

306 1 4

311

222 19

5

6 (0) 193

83 20

8 0 0 6 (0) 117

72 20

8 0 0 6 (0) (0) 3 109

$0.42 $0.64

Q2'21

570 2 3

574

248 23

4

0 (0) 221

322 25

7 0 0 0 (0) 354

267 25

7 0 0 0 (0) 3 18 320

$1.56 $1.87

Q3'21

749 2 3

754

301 18

5

0 0 278

448 20

8 0 0 0 0 476

383 20

8 0 0 0 0 2 10 423

$2.22 $2.45

Q4'21

711 2 4

716

416 20

5

0 0 391

295 21

9 0 0 0 0 325

226 21

9 0 0 0 0 1 (6) 251

$1.31 $1.45

Q1'22

569 1 4

574

366 22

5

(1) 0 340

203 24

9 0 0 (1) 0 235

187 24

9 0 0 (1) 0 (1) (7) 210

$1.09 $1.22

Note: These preliminary results for the three months ended September 30, 2021 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly Report on Form 10-Q.

Q2'22

542 2 4

548

363 22 5

(1) 0 337

179 24 9 0 0 (1) 0

211

139 24 9 0 0 (1) 0 2 7

180

$0.81 $1.05

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