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Silicon Laboratories Inc. Condensed Consolidated Statements of Operations (In thousands, except per share data) (Unaudited) | |||||||
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| Three Months Ended |
| Nine Months Ended | ||||
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| September 28,
|
| September 30,
|
| September 28,
|
| September 30,
|
Revenues | $ 166,395 |
| $ 203,760 |
| $ 418,137 |
| $ 695,413 |
Cost of revenues | 76,082 |
| 84,735 |
| 196,172 |
| 278,753 |
Gross profit | 90,313 |
| 119,025 |
| 221,965 |
| 416,660 |
Operating expenses: |
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|
|
|
|
|
|
Research and development | 83,228 |
| 79,042 |
| 249,787 |
| 254,340 |
Selling, general and administrative | 36,793 |
| 27,766 |
| 109,041 |
| 113,363 |
Operating expenses | 120,021 |
| 106,808 |
| 358,828 |
| 367,703 |
Operating income (loss) | (29,708) |
| 12,217 |
| (136,863) |
| 48,957 |
Other income (expense): |
|
|
|
|
|
|
|
Interest income and other, net | 3,487 |
| 2,938 |
| 9,009 |
| 15,554 |
Interest expense | (278) |
| (1,359) |
| (1,050) |
| (4,611) |
Income (loss) before income taxes | (26,499) |
| 13,796 |
| (128,904) |
| 59,900 |
Provision for income taxes | 2,005 |
| 3,388 |
| 38,283 |
| 23,479 |
| Equity-method loss | — |
| (60) |
| — |
| (1,150) |
| Net income (loss) | $ (28,504) |
| $ 10,348 |
| $ (167,187) |
| $ 35,271 |
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| Earnings (loss) per share: |
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| Basic | $ (0.88) |
| $ 0.33 |
| $ (5.21) |
| $ 1.11 |
| Diluted | $ (0.88) |
| $ 0.32 |
| $ (5.21) |
| $ 1.07 |
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|
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| Weighted-average common shares outstanding: |
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|
|
|
|
|
|
| Basic | 32,309 |
| 31,796 |
| 32,114 |
| 31,789 |
| Diluted | 32,309 |
| 32,078 |
| 32,114 |
| 32,919 |
