(Financial Tables Follow)
|
MICROSEMI CORPORATION Selected GAAP and Non-GAAP Financial Measures (unaudited, in millions, except for percentages and per share amounts) | |||||||||||||||
|
| |||||||||||||||
|
|
|
Quarter Ended |
|
Six Months Ended | |||||||||||
|
|
|
Mar 30,
|
|
Dec 29,
|
|
Mar 31,
|
|
Mar 30,
|
|
Mar 31,
| |||||
|
Net sales |
|
$ |
287.0 |
|
$ |
255.6 |
|
$ |
235.3 |
|
$ |
542.6 |
|
$ |
482.9 |
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Selected GAAP Financial Measures |
|
|
|
|
|
|
|
|
|
| |||||
|
Gross profit |
|
$ |
145.4 |
|
$ |
138.3 |
|
$ |
133.5 |
|
$ |
283.7 |
|
$ |
276.1 |
|
Gross margin |
|
50.7% |
|
54.1% |
|
56.7% |
|
52.3% |
|
57.2% | |||||
|
Operating income |
|
$ |
4.1 |
|
$ |
7.2 |
|
$ |
11.8 |
|
$ |
11.2 |
|
$ |
37.3 |
|
Operating margin |
|
1.4% |
|
2.8% |
|
5.0% |
|
2.1% |
|
7.7% | |||||
|
Net income (loss) |
|
$ |
(8.7) |
|
$ |
1.4 |
|
$ |
(2.9) |
|
$ |
(7.3) |
|
$ |
11.3 |
|
Diluted earnings (loss) per share |
|
$ |
(0.09) |
|
$ |
0.01 |
|
$ |
(0.03) |
|
$ |
(0.08) |
|
$ |
0.12 |
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Selected Non-GAAP Financial Measures |
|
|
|
|
|
|
|
|
|
| |||||
|
Gross profit |
|
$ |
158.3 |
|
$ |
143.1 |
|
$ |
133.5 |
|
$ |
301.4 |
|
$ |
276.1 |
|
Gross margin |
|
55.2% |
|
56.0% |
|
56.7% |
|
55.5% |
|
57.2% | |||||
|
Operating income |
|
$ |
59.3 |
|
$ |
54.1 |
|
$ |
50.0 |
|
$ |
113.4 |
|
$ |
106.7 |
|
Operating margin |
|
20.7% |
|
21.2% |
|
21.2% |
|
20.9% |
|
22.1% | |||||
|
Net income |
|
$ |
47.7 |
|
$ |
42.9 |
|
$ |
38.9 |
|
$ |
90.6 |
|
$ |
83.9 |
|
Diluted earnings per share |
|
$ |
0.51 |
|
$ |
0.46 |
|
$ |
0.43 |
|
$ |
0.97 |
|
$ |
0.93 |
|
|
|
Additional details reconciling the selected GAAP financial measure to the selected non-GAAP financial measure may be found in the "Schedule Reconciling Selected Non-GAAP Financial Measures to Comparable GAAP Financial Measures" and "Notes on Non-GAAP Financial Measures." |
