XILINX, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

(In thousands, except per share amounts)

Three Months Ended

June 29,

March 30,

June 30,

2013

2013

2012

Net revenues

$ 578,955

$ 532,168

$ 582,784

Cost of revenues

179,700

180,589

198,411

Gross margin

399,255

351,579

384,373

Operating expenses:

   Research and development

111,541

111,133

121,447

   Selling, general and administrative

92,387

90,732

96,201

   Amortization of acquisition-related intangibles

2,418

2,487

2,148

Total operating expenses

206,346

204,352

219,796

Operating income 

192,909

147,227

164,577

Interest and other expense, net

9,930

8,902

9,672

Income before income taxes 

182,979

138,325

154,905

Provision for income taxes

25,956

7,705

25,074

Net income 

$ 157,023

$ 130,620

$ 129,831

Net income per common share:

  Basic 

$       0.59

$       0.50

$       0.49

  Diluted 

$       0.56

$       0.47

$       0.47

Cash dividends per common share

$       0.25

$       0.22

$       0.22

Shares used in per share calculations:

  Basic

264,153

263,035

263,055

  Diluted

280,291

277,090

273,820

XILINX, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS  

(In thousands)

June 29, 2013

March 30, 2013 *

 (Unaudited) 

ASSETS

Current assets:

  Cash, cash equivalents and short-term investments

$   1,841,780

$         1,714,745

  Accounts receivable, net

268,153

229,175

  Inventories

186,800

201,250

  Deferred tax assets and other current assets

57,851

152,469

Total current assets

2,354,584

2,297,639

Net property, plant and equipment

362,956

365,687

Long-term investments

1,634,031

1,651,033

Other assets

409,352

415,092

Total Assets

$   4,760,923

$         4,729,451

LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY

Current liabilities:

  Accounts payable and accrued  liabilities

$      271,360

$            333,379

  Deferred income on shipments to distributors

57,938

53,358

  Deferred tax liabilities

146,397

51

  Convertible debentures

926,781

-

Total current liabilities

1,402,476

386,788

Convertible debentures

-

922,666

Deferred tax liabilities

228,219

415,442

Other long-term liabilities

40,376

41,259

Temporary equity

362,854

-

Stockholders' equity

2,726,998

2,963,296

Total liabilities, temporary equity and stockholders' equity

$   4,760,923

$         4,729,451

* Derived from audited financial statements

XILINX, INC.

SUPPLEMENTAL FINANCIAL INFORMATION

(Unaudited)

(In thousands)

Three Months Ended

June 29,

March 30,

June 30,

2013

2013

2012

SELECTED CASH FLOW INFORMATION:

  Depreciation 

$ 14,033

$ 13,893

$ 14,603

  Amortization 

4,885

4,355

4,267

  Stock-based compensation

20,954

21,246

17,608

  Net cash provided by operating activities

144,209

173,653

162,946

  Purchases of property, plant and equipment

11,301

6,212

8,342

  Payment of dividends to stockholders

66,007

57,822

58,066

  Repurchases of common stock

-

-

90,707

  Proceeds from issuance of common stock to employees and excess tax benefit

33,957

59,671

9,027

STOCK-BASED COMPENSATION INCLUDED IN:

   Cost of revenues

$   1,804

$   1,638

$   1,728

   Research and development

10,219

10,256

8,623

   Selling, general and administrative

8,931

9,352

7,257