For the three months ended September 29, 2013, June 30, 2013, and September 23, 2012, stock-based compensation were as follows (in thousands):

		Three Months Ended
		September 29, 2013			June 30, 2013			September 23, 2012
Cost of sales		$	1,248		$	1,091		$	1,159
Selling, general and administrative expense			3,527			2,455			3,160
Research and development expense			2,087			1,600			1,420
Total stock-based compensation expense		$	6,862		$	5,146		$	5,739

INTERNATIONAL RECTIFIER CORPORATION AND SUBSIDIARIES
NON-GAAP RESULTS
(In thousands, except per share and gross profit-percentage data)
Reconciliation of GAAP to Non-GAAP Gross Profit:
		Three Months Ended
		September 29, 2013				June 30, 2013				September 23, 2012
GAAP Gross profit		$	95,311			$	83,067			$	70,541
Adjustments to reconcile GAAP to Non-GAAP gross profit:
Accelerated depreciation			427				417				491
Inventory write-downs related to fab closure			—				—				398
Non-GAAP gross profit		$	95,738			$	83,484			$	71,430
Non-GAAP gross profit-percentage			35.5	%			30.2	%			28.3	%

Reconciliation of GAAP to Non-GAAP Operating Income (Loss):
		Three Months Ended
		September 29, 2013			June 30, 2013			September 23, 2012
GAAP Operating income (loss)		$	16,356		$	237		$	(20,849	)
Adjustments to reconcile GAAP to Non-GAAP operating income (loss):
Accelerated depreciation			427			417			491
Inventory write-downs related to fab closure			—			—			398
Amortization of acquisition-related intangible assets			1,630			1,630			1,680
Asset impairment, restructuring and other charges			1,402			2,209			8,966
Non-GAAP operating income (loss)		$	19,815		$	4,493		$	(9,314	)

INTERNATIONAL RECTIFIER CORPORATION AND SUBSIDIARIES
NON-GAAP RESULTS
(In thousands, except per share and gross profit-percentage data)
Reconciliation of GAAP to Non-GAAP Net Income (Loss):
		Three Months Ended
		September 29, 2013			June 30, 2013				September 23, 2012
GAAP Net Income (Loss)		$	8,723		$	(6,078	)		$	(28,775	)
Adjustments to reconcile GAAP to Non-GAAP net income (loss):
Accelerated depreciation			427			417				491
Amortization of acquisition-related intangible assets			1,630			1,630				1,680
Asset impairment, restructuring and other charges			1,402			2,209				8,966
Tax expense of discrete items and other tax adjustments			2,962			664				3,300
Non-GAAP net income (loss)		$	15,144		$	(1,158	)		$	(13,940	)
GAAP net income (loss) per common share – basic		$	0.12		$	(0.09	)		$	(0.42	)
Non-GAAP adjustments per above			0.09			0.07				0.22
Non-GAAP net income (loss) per common share—basic		$	0.21		$	(0.02	)		$	(0.20	)
GAAP net income (loss) per common share – diluted		$	0.12		$	(0.09	)		$	(0.42	)
Non-GAAP adjustments per above			0.09			0.07				0.22
Non-GAAP net income (loss) per common share—diluted		$	0.21		$	(0.02	)		$	(0.20	)
Average common shares outstanding—basic			70,830			69,785				69,283
Average common shares and potentially dilutive securities outstanding—diluted			71,664			69,785				69,283

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