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| Investors: | Media: | |
| Jeff Palmer | Jacey Zuniga | |
| jeff.palmer@nxp.com | jacey.zuniga@nxp.com | |
| +1 408 518 5411 | +1 512 895 7398 |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | Full-year | |||||||||||||||||
|
December 31,
2021 |
October 3, 2
021 |
December 31, 2
020 | 2021 | 2020 | |||||||||||||||
| Revenue | $ | 3,039 | $ | 2,861 | $ | 2,507 | $ | 11,063 | $ | 8,612 | |||||||||
| Cost of revenue | (1,332 | ) | (1,278 | ) | (1,219 | ) | (4,996 | ) | (4,377 | ) | |||||||||
| Gross profit | 1,707 | 1,583 | 1,288 | 6,067 | 4,235 | ||||||||||||||
| Research and development | (507 | ) | (492 | ) | (460 | ) | (1,936 | ) | (1,725 | ) | |||||||||
| Selling, general and administrative | (257 | ) | (243 | ) | (221 | ) | (956 | ) | (879 | ) | |||||||||
| Amortization of acquisition-related intangible assets | (136 | ) | (137 | ) | (148 | ) | (592 | ) | (1,327 | ) | |||||||||
| Total operating expenses | (900 | ) | (872 | ) | (829 | ) | (3,484 | ) | (3,931 | ) | |||||||||
| Other income (expense) | — | — | 4 | — | 114 | ||||||||||||||
| Operating income (loss) | 807 | 711 | 463 | 2,583 | 418 | ||||||||||||||
| Financial income (expense): | |||||||||||||||||||
| Extinguishment of debt | (22 | ) | — | (60 | ) | (22 | ) | (60 | ) | ||||||||||
| Other financial income (expense) | (101 | ) | (93 | ) | (77 | ) | (381 | ) | (357 | ) | |||||||||
| Income (loss) before income taxes | 684 | 618 | 326 | 2,180 | 1 | ||||||||||||||
| Benefit (provision) for income taxes | (72 | ) | (95 | ) | (5 | ) | (272 | ) | 83 | ||||||||||
| Results relating to equity-accounted investees | (2 | ) | 3 | (1 | ) | (2 | ) | (4 | ) | ||||||||||
| Net income (loss) | 610 | 526 | 320 | 1,906 | 80 | ||||||||||||||
| Less: Net income (loss) attributable to non-controlling interests | 8 | 7 | 11 | 35 | 28 | ||||||||||||||
| Net income (loss) attributable to stockholders | 602 | 519 | 309 | 1,871 | 52 | ||||||||||||||
| Earnings per share data: | |||||||||||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||||||||||
| Basic | $ | 2.27 | $ | 1.95 | $ | 1.10 | $ | 6.91 | $ | 0.19 | |||||||||
| Diluted | $ | 2.24 | $ | 1.91 | $ | 1.08 | $ | 6.79 | $ | 0.18 | |||||||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||||||||||
| Basic | 265,642 | 266,557 | 280,484 | 270,687 | 279,763 | ||||||||||||||
| Diluted | 268,545 | 271,359 | 285,258 | 275,646 | 283,809 | ||||||||||||||
