Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, the Silicon Labs logo, and Ultra Series are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.
CONTACT: Jalene Hoover, +1 (512) 428-1610, Jalene.Hoover@silabs.com
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Silicon Laboratories Inc.
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Three Months Ended |
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Six Months Ended | ||||
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July 1,
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July 2,
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July 1,
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July 2,
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Revenues |
$190,098 |
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$174,908 |
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$369,126 |
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$336,933 |
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Cost of revenues |
76,906 |
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66,614 |
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150,773 |
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133,108 |
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Gross margin |
113,192 |
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108,294 |
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218,353 |
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203,825 |
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Operating expenses: |
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Research and development |
52,432 |
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51,635 |
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104,756 |
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100,681 |
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Selling, general and administrative |
39,826 |
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39,045 |
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79,981 |
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78,682 |
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Operating expenses |
92,258 |
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90,680 |
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184,737 |
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179,363 |
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Operating income |
20,934 |
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17,614 |
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33,616 |
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24,462 |
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Other income (expense): |
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Interest income and other, net |
1,595 |
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296 |
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2,171 |
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176 |
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Interest expense |
(4,699) |
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(641) |
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(4,501) |
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(1,296) |
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Income before income taxes |
17,830 |
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17,269 |
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31,286 |
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23,342 |
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Provision (benefit) for income taxes |
1,261 |
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1,710 |
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(709) |
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1,975 |
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Net income |
$ 16,569 |
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$ 15,559 |
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$ 31,995 |
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$ 21,367 |
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Earnings per share: |
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Basic |
$ 0.39 |
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$ 0.37 |
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$ 0.76 |
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$ 0.51 |
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Diluted |
$ 0.38 |
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$ 0.37 |
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$ 0.74 |
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$ 0.51 |
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Weighted-average common shares outstanding: |
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Basic |
42,478 |
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41,775 |
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42,287 |
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41,702 |
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Diluted |
43,178 |
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42,284 |
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43,104 |
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42,242 |
