Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, the Silicon Labs logo, and EFM8 are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.
CONTACT: Jalene Hoover, +1 (512) 428-1610, Email Contact
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Silicon Laboratories Inc.
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Three Months Ended |
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Year Ended | |||||
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December 31,
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January 2,
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December 31,
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January 2,
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Revenues |
$182,610 |
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$160,071 |
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$697,626 |
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$644,826 |
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Cost of revenues |
73,134 |
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66,533 |
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276,122 |
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264,056 |
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Gross margin |
109,476 |
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93,538 |
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421,504 |
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380,770 |
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Operating expenses: |
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Research and development |
50,626 |
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47,245 |
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199,744 |
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188,050 |
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Selling, general and administrative |
38,767 |
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41,497 |
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155,483 |
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160,486 |
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Operating expenses |
89,393 |
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88,742 |
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355,227 |
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348,536 |
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Operating income |
20,083 |
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4,796 |
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66,277 |
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32,234 |
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Other income (expense): |
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Interest income |
411 |
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186 |
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1,291 |
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730 |
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Interest expense |
(648) |
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(668) |
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(2,587) |
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(2,828) |
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Other, net |
(54) |
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(91) |
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(485) |
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127 |
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Income before income taxes |
19,792 |
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4,223 |
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64,496 |
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30,263 |
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Provision (benefit) for income taxes |
(317) |
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(1,435) |
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3,002 |
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677 |
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Net income |
$ 20,109 |
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$ 5,658 |
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$ 61,494 |
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$ 29,586 |
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Earnings per share: |
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Basic |
$ 0.48 |
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$ 0.14 |
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$ 1.47 |
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$ 0.70 |
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Diluted |
$ 0.47 |
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$ 0.13 |
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$ 1.45 |
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$ 0.69 |
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Weighted-average common shares outstanding: |
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Basic |
41,850 |
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41,670 |
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41,713 |
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42,309 |
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Diluted |
42,728 |
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42,374 |
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42,376 |
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42,945 |
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