Year-to-date revenue and earnings are shown below with comparable periods:

(In thousands, except percentages and per-share data)

		GAAP								Non-GAAP1
		Nine Months Ended								Nine Months Ended
		Q3 2019				Q3 2018				Q3 2019				Q3 2018
Revenue		$	1,645,746			$	1,879,366			$	1,645,746			$	1,879,366
Gross margin		37.5		%		37.6		%		47.1		%		46.4		%
Operating margin		5.5		%		8.6		%		21.1		%		22.3		%
Net income		$	19,668			$	87,478			$	315,138			$	377,984
Diluted EPS		$	0.05			$	0.23			$	0.82			$	1.01

1. See the "Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures" tables ("Non-GAAP Reconciliation Tables") included below.

REVENUE SUMMARY
(In thousands, except percentages)
(Unaudited)
	Three Months Ended
Business Unit¹	September 29, 2019				June 30, 2019				September 30, 2018				Sequential Change			Year-over-year Change
MCD	$	410,748			$	354,225			$	413,413			16.0	%		(0.6	)%
MPD 2	163,773				177,996				259,622				(8.0	)%		(36.9	)%
Total	$	574,521			$	532,221			$	673,035			7.9	%		(14.6	)%

	Three Months Ended
End Use	September 29, 2019			June 30, 2019			September 30, 2018
IoT	42.6	%		37.5	%		37.4	%
Automotive	36.5	%		38.0	%		31.0	%
Legacy	20.9	%		24.5	%		31.6	%
Total	100	%		100	%		100	%

1. The Microcontroller and Connectivity Division ("MCD") includes microcontroller, wireless connectivity and USB products and the Memory Products Division ("MPD") includes RAM, Flash and AgigA Tech products.
2. MPD revenue for the three months ended September 29, 2019 and June 30, 2019 reflect divestment of our NAND business to a newly formed joint venture, which was completed on April 1, 2019.

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