UNAUDITED SUPPLEMENTAL INFORMATION
|
Corporate and Other | |
| | |
| (In millions) |
Q1 FY2019
| |
Q1 FY2018 |
| Unallocated net sales | $ | 16 | | | $ | 29 | |
| Unallocated cost of products sold and expenses | (74 | ) | | (118 | ) |
| Share-based compensation | (65 | ) | | (65 | ) |
| Total | $ | (123 | ) | | $ | (154 | ) |
| |
|
Additional Information | |
| |
Q1 FY2019 | |
Q1 FY2018 |
| Net Sales by Geography (In millions) | | | | | | | |
| United States | 450 | | | 370 | |
| % of Total | 12 | % | | 9 | % |
| Europe | 296 | | | 252 | |
| % of Total | 8 | % | | 6 | % |
| Japan | 651 | | | 482 | |
| % of Total | 17 | % | | 11 | % |
| Korea | 572 | | | 1,203 | |
| % of Total | 15 | % | | 29 | % |
| Taiwan | 656 | | | 741 | |
| % of Total | 18 | % | | 18 | % |
| Southeast Asia | 160 | | | 193 | |
| % of Total | 4 | % | | 4 | % |
| China | 968 | | | 964 | |
| % of Total | 26 | % | | 23 | % |
| | | | |
| Employees (In thousands) | | | |
| Regular Full Time | 21.2 | | | 19.0 | |
| | | | | | |
APPLIED MATERIALS, INC.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ADJUSTED RESULTS
| | Three Months Ended |
| (In millions, except percentages) | January 27, | | January 28, |
| 2019 | 2018 |
| Non-GAAP Adjusted Gross Profit | | | |
| Reported gross profit - GAAP basis | $ | 1,665 | | | $ | 1,940 | |
| Certain items associated with acquisitions1 | 10 | | | 45 | |
| Non-GAAP adjusted gross profit | $ | 1,675 | | | $ | 1,985 | |
| Non-GAAP adjusted gross margin | 44.6 | % | | 47.2 | % |
| Non-GAAP Adjusted Operating Income | | | |
| Reported operating income - GAAP basis | $ | 908 | | | $ | 1,215 | |
| Certain items associated with acquisitions 1 | 14 | | | 49 | |
| Acquisition integration and deal costs | 3 | | | 1 | |
| Non-GAAP adjusted operating income | $ | 925 | | | $ | 1,265 | |
| Non-GAAP adjusted operating margin | 24.6 | % | | 30.1 | % |
| Non-GAAP Adjusted Net Income | | | |
| Reported net income - GAAP basis | $ | 771 | | | $ | 165 | |
| Certain items associated with acquisitions 1 | 14 | | | 49 | |
| Acquisition integration and deal costs | 3 | | | 1 | |
| Impairment (gain on sale) of strategic investments, net | — | | | (1 | ) |
| Loss (gain) on strategic investments, net | (12 | ) | | — | |
| Income tax effect of share-based compensation 2 | (5 | ) | | (39 | ) |
| Income tax effect of changes in applicable U.S. tax laws 3 | (24 | ) | | 1,006 | |
| Income tax effects related to amortization of intra-entity intangible asset transfers | (28 | ) | | — | |
| Resolution of prior years’ income tax filings and other tax items | 59 | | | (13 | ) |
| Income tax effect of non-GAAP adjustments 4 | 1 | | | (3 | ) |
| Non-GAAP adjusted net income | $ | 779 | | | $ | 1,165 | |
| | | | | | | | |
