Based on current business trends and conditions, the outlook for the second quarter of fiscal year 2012, ending April 29, 2012, is expected to be as follows:
|
GAAP |
Reconciling Items |
Non-GAAP |
||||
| Sequential Change in Net Revenue | Up 1% to 4% | Up 1% to 4% | ||||
| Gross Margin | 47.5% plus/minus 75bps | $17M | 50.8% plus/minus 75bps | |||
| Operating Expenses | $142M | $18M | $124M | |||
| Interest and Other | $0M | $0M | ||||
| Taxes | $7M | $7M | ||||
| Diluted Share Count | 251M | 3M | 254M | |||
