Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures | ||||||||||||||||||||||||||
(In thousands, except per share data) | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
Non-GAAP Income
|
|
Three Months Ended December 30, 2017 | ||||||||||||||||||||||||
|
|
GAAP Measure |
|
GAAP Percent of
|
|
Stock Compensation
|
|
Intangible
|
|
Acquisition
|
|
Non-GAAP Measure |
|
Non-GAAP Percent of
| ||||||||||||
Revenues |
|
$201,018 |
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
Gross margin |
|
119,264 |
|
59.3% |
|
$ 287 |
|
$ -- |
|
$ -- |
|
$119,551 |
|
59.5% | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
Research and development |
|
52,735 |
|
26.2% |
|
5,611 |
|
4,943 |
|
-- |
|
42,181 |
|
21.0% | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
Selling, general and administrative |
|
40,139 |
|
20.0% |
|
5,847 |
|
1,647 |
|
(110) |
|
32,755 |
|
16.3% | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
Operating income |
|
26,390 |
|
13.1% |
|
11,745 |
|
6,590 |
|
(110) |
|
44,615 |
|
22.2% | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
Non-GAAP
|
|
Three Months Ended December 30, 2017 | ||||||||||||||||||||||||
|
|
GAAP Measure |
|
Stock Compensation
|
|
Intangible
|
|
Acquisition
|
|
Non-cash
|
Income Tax
|
|
Non-GAAP Measure | |||||||||||||
Net income (loss) |
|
$ (4,852) |
|
$11,745 |
|
$6,590 |
|
$(110) |
|
$2,748 |
$24,631 |
|
$40,752 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
|
|
GAAP Measure |
|
Dilutive Securities Excluded From GAAP Measure Due to Net Loss |
|
Non-GAAP Measure | ||||||||||||||||||||
Diluted shares outstanding |
|
42,656 |
|
1,088 |
|
43,744 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Diluted earnings (loss) per share |
|
$ (0.11) |
|
|
|
|
|
|
|
|
|
|
$ 0.93 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Represents pre-tax amounts |