Investor Inquiries: Robert C. Adams, Microsemi Corporation, Aliso Viejo, Calif. (949) 380-6100.
(Financial Tables Follow)
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MICROSEMI CORPORATION Selected GAAP and Non-GAAP Financial Measures (unaudited, in millions, except for percentages and per share amounts) | ||||||||||||||||||||
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Quarter Ended |
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Twelve Months Ended | |||||||||||||||||
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Sep 28, 2014 |
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Jun 29, 2014 |
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Sep 29, 2013 |
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Sep 28, 2014 |
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Sep 29, 2013 | |||||||||||
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Net sales |
$ |
303.3 |
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$ |
292.3 |
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$ |
250.4 |
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$ |
1,138.3 |
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$ |
975.9 |
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Selected GAAP Financial Measures |
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Gross profit |
$ |
171.0 |
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$ |
153.6 |
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$ |
142.8 |
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$ |
611.5 |
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$ |
557.2 |
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Gross margin |
56.4 |
% |
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52.5 |
% |
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57.0 |
% |
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53.7 |
% |
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57.1 |
% | ||||||
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Operating income |
$ |
33.4 |
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$ |
6.3 |
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$ |
26.9 |
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$ |
54.2 |
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$ |
89.4 |
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Operating margin |
11.0 |
% |
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2.2 |
% |
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10.7 |
% |
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4.8 |
% |
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9.2 |
% | ||||||
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Net income (loss) |
$ |
32.8 |
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$ |
(4.3) |
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$ |
14.1 |
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$ |
23.1 |
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$ |
43.7 |
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Diluted earnings (loss) per share |
$ |
0.34 |
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$ |
(0.05) |
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$ |
0.15 |
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$ |
0.24 |
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$ |
0.48 |
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Selected Non-GAAP Financial Measures |
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Gross profit |
$ |
171.0 |
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$ |
163.7 |
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$ |
142.8 |
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$ |
636.0 |
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$ |
557.2 |
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Gross margin |
56.4 |
% |
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56.0 |
% |
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57.0 |
% |
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55.9 |
% |
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57.1 |
% | ||||||
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Operating income |
$ |
72.8 |
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$ |
66.2 |
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$ |
59.2 |
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$ |
252.4 |
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$ |
220.6 |
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Operating margin |
24.0 |
% |
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22.6 |
% |
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23.6 |
% |
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22.2 |
% |
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22.6 |
% | ||||||
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Net income |
$ |
61.4 |
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$ |
54.8 |
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$ |
49.1 |
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$ |
206.8 |
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$ |
177.6 |
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Diluted earnings per share |
$ |
0.64 |
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$ |
0.58 |
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$ |
0.53 |
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$ |
2.19 |
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$ |
1.95 |
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