Peregrine Semiconductor Corporation
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Three Months Ended |
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Nine Months Ended | ||||||||||||
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September 27,
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September 28,
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September 27,
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September 28,
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Gross profit - GAAP |
$ 17,092 |
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39.6% |
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$ 25,253 |
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42.1% |
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$ 49,907 |
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38.0% |
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$ 65,789 |
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41.4% |
Non-cash compensation expense (1) |
277 |
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0.7 |
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238 |
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0.4 |
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807 |
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0.6 |
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652 |
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0.4 |
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Gross profit - Non-GAAP |
$ 17,369 |
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40.3% |
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$ 25,491 |
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42.5% |
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$ 50,714 |
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38.6% |
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$ 66,441 |
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41.8% |
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Income (loss) from operations - GAAP |
$ (3,251) |
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(7.5)% |
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$ 4,266 |
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7.1% |
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$ (19,178) |
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(14.6)% |
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$ 2,885 |
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1.8% |
Non-cash compensation expense (1) |
1,816 |
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4.2 |
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1,728 |
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2.9 |
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5,782 |
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4.4 |
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4,854 |
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3.1 |
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Income (loss) from operations - Non-GAAP |
$ (1,435) |
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(3.3)% |
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$ 5,994 |
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10.0% |
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$ (13,396) |
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(10.2)% |
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$ 7,739 |
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4.9% |
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Net income (loss) - GAAP |
$ (3,148) |
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(7.3)% |
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$ 4,433 |
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7.4% |
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$ (19,105) |
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(14.5)% |
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$ 2,777 |
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1.7% |
Non-cash compensation expense (1) |
1,816 |
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4.2 |
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1,728 |
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2.9 |
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5,782 |
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4.4 |
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4,854 |
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3.1 |
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Net income (loss) - Non-GAAP |
$ (1,332) |
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(3.1)% |
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$ 6,161 |
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10.3% |
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$ (13,323) |
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(10.1)% |
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$ 7,631 |
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4.8% |
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Diluted net income (loss) per share - GAAP |
$ (0.09) |
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$ 0.12 |
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$ (0.57) |
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$ 0.08 |
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Non-cash compensation expense |
0.05 |
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0.05 |
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0.17 |
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0.13 |
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Diluted net income (loss) per share - Non-GAAP |
$ (0.04) |
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$ 0.17 |
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$ (0.40) |
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$ 0.21 |
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Shares used to compute diluted net income (loss) per share - GAAP and Non-GAAP |
33,572 |
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35,804 |
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33,261 |
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35,738 |
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(1) Includes stock-based compensation as follows: |
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Three Months Ended |
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Nine Months Ended | ||||||||||||
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September 27,
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September 28,
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September 27,
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September 28,
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Cost of net revenue |
$ 277 |
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$ 238 |
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$ 807 |
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$ 652 | ||||||||
Research and development |
574 |
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537 |
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1,869 |
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1,534 | ||||||||
Selling, general and administrative |
965 |
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953 |
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3,106 |
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2,668 | ||||||||
Total |
$ 1,816 |
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$ 1,728 |
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$ 5,782 |
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$ 4,854 |