Summary of Schedule Reconciling Selected Non-GAAP Financial Measures
(unaudited, in millions, except for per share amounts)

Quarter Ended January 1, 2017

GAAP

Non-GAAP Adjustments

Non-GAAP

Net sales

$

435.5

$

—

$

435.5

Gross profit

$

276.5

$

—

$

276.5

Operating income

$

55.8

$

76.9

$

132.7

Net income

$

19.5

$

80.3

$

99.8

Diluted earnings per share

$

0.17

$

0.69

$

0.86

Consolidated Condensed Statements of Income
(unaudited, in millions, except for per share amounts)

Quarter Ended

Jan 1,
2017

Oct 2,
2016

Jan 3,
2016

Net sales

$

435.5

$

450.1

$

329.2

Cost of sales

159.0

168.3

141.3

Gross profit

$

276.5

$

281.8

$

187.9

Operating expenses

Selling, general and administrative

$

89.8

$

86.3

$

63.3

Research and development

82.3

83.5

54.9

Amortization of intangible assets

45.5

45.6

25.4

Restructuring, severance and facilities charges

2.4

2.4

1.7

Acquisition and divestiture related costs

0.7

0.2

6.0

Total operating expenses

$

220.7

$

218.0

$

151.3

Operating income

$

55.8

$

63.8

$

36.6

Interest and other expense, net

(27.2)

(28.0)

(8.8)

Income before income taxes

$

28.6

$

35.8

$

27.8

Provision for (benefit from) income taxes

9.1

(4.7)

4.1

Net income

$

19.5

$

40.5

$

23.7

Earnings per share

Basic

$

0.17

$

0.36

$

0.25

Diluted

$

0.17

$

0.35

$

0.25

Weighted-average common shares outstanding

Basic

114.0

112.4

95.1

Diluted

116.3

115.4

96.5