Xilinx Posts Record Sales of $513 Million

This release contains forward-looking statements and projections. Forward-looking statements and projections can often be identified by the use of forward-looking words such as "expect," "may," "will," "could," "believe," "anticipate," "estimate," "continue," "plan," "intend," "project" or other similar words. Undue reliance should not be placed on such forward-looking statements and projections, which speak only as of the date they are made. We undertake no obligation to update such forward-looking statements. Actual events and results may differ materially from those in the forward-looking statements and are subject to risks and uncertainties including the general health of global economies as well as of the semiconductor industry, the health of our end markets and our customers' customers, the ability of our foundry suppliers to deliver sufficient wafer volumes in a timely manner, our ability to forecast end customer demand, customer acceptance of our new products, the ability of the Company to generate cost and operating expense savings in an efficient and timely fashion, the ability of our customers to manage their inventories, a high dependence on turns business, more customer volume discounts than expected, greater product mix changes than anticipated, fluctuations in manufacturing yields, our ability to deliver product in a timely manner, our ability to successfully manage production at multiple foundries, variability in wafer pricing, and other risk factors listed in our most recent Forms 10-K and 10-Q.

About Xilinx

Xilinx, Inc. (NASDAQ: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com.

Xilinx, the Xilinx logo, Virtex, Spartan, ISE, and other brands designated herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.

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Investor Relations Contact:
Lori Owen
Xilinx, Inc.
(408) 879-6911
Email Contact

XILINX, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
(In thousands, except per share amounts)
			Three Months Ended			Nine Months Ended
			Jan. 2,	Dec. 27,	Sept. 26,	Jan. 2,	Dec. 27,
			2010	2008*	2009	2010	2008*
Net revenues			$ 513,349	$ 458,387	$ 414,950	$ 1,304,534	$ 1,430,170
Cost of revenues			184,320	165,331	158,177	486,319	519,244
Gross margin			329,029	293,056	256,773	818,215	910,926
Operating expenses:
Research and development			101,867	86,967	90,145	275,245	267,202
Selling, general and administrative			85,037	85,032	78,621	237,214	266,116
Amortization of acquisition-related intangibles			-	1,475	-	2,493	4,326
Restructuring charges			5,531	-	5,915	27,217	22,023
		Total operating expenses	192,435	173,474	174,681	542,169	559,667

Operating income			136,594	119,582	82,092	276,046	351,259
Impairment loss on investments			(3,041)	(19,540)	-	(3,041)	(53,162)
Gain on early extinguishment of convertible debentures			-	58,290	-	-	58,290
Interest and other income (expense), net			(542)	(1,743)	(1,782)	(13,234)	9,975

Income before income taxes			133,011	156,589	80,310	259,771	366,362
Provision for income taxes			26,103	37,145	16,272	50,819	82,680
Net income			$ 106,908	$ 119,444	$ 64,038	$ 208,952	$ 283,682

Net income per common share:
Basic			$ 0.39	$ 0.44	$ 0.23	$ 0.76	$ 1.03
Diluted			$ 0.38	$ 0.44	$ 0.23	$ 0.75	$ 1.02

Cash dividends declared per common share			$ 0.16	$ 0.14	$ 0.14	$ 0.44	$ 0.42

Shares used in per share calculations:
Basic			276,832	273,997	276,353	275,989	276,584
Diluted			278,566	274,223	276,988	277,030	277,603


	* As adjusted due to the retrospective adoption of the accounting standard for convertible debentures in the first quarter of fiscal 2010.

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