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Virage Logic Corporation Condensed Consolidated Statements of Operations (In thousands, except per-share amounts) (Unaudited) |
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For the Three Months Ended
June 30, |
For the Nine Months Ended
June 30, |
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| 2008 | 2007 | 2008 | 2007 | ||||||||||||
| Revenue: | |||||||||||||||
| License | $ | 12,248 | $ | 8,207 | $ | 35,122 | $ | 24,433 | |||||||
| Royalties | 2,820 | 3,079 | 8,695 | 8,945 | |||||||||||
| Total revenues | 15,068 | 11,286 | 43,817 | 33,378 | |||||||||||
| Cost and expenses: | |||||||||||||||
| Cost of revenues | 2,614 | 2,869 | 8,182 | 9,972 | |||||||||||
| Research and development | 8,015 | 5,301 | 20,048 | 15,201 | |||||||||||
| Sales and marketing | 3,658 | 4,050 | 11,115 | 11,467 | |||||||||||
| General and administrative | 2,160 | 1,789 | 6,046 | 6,871 | |||||||||||
| Restructuring charges | 319 | 580 | 316 | 580 | |||||||||||
| Total cost and expenses | 16,766 | 14,589 | 45,707 | 44,091 | |||||||||||
| Operating loss | (1,698 | ) | (3,303 | ) | (1,890 | ) | (10,713 | ) | |||||||
| Interest income and other, net | 706 | 961 | 2,640 | 2,878 | |||||||||||
| Income (loss) before taxes | (992 | ) | (2,342 | ) | 750 | (7,835 | ) | ||||||||
| Income tax (benefit) provision | 131 | (1,106 | ) | 149 | (3,606 | ) | |||||||||
| Net income (loss) | $ | (1,123 | ) | $ | (1,236 | ) | $ | 601 | $ | (4,229 | ) | ||||
| Earnings per share: | |||||||||||||||
| Basic | $ | (0.05 | ) | $ | (0.05 | ) | $ | 0.03 | $ | (0.18 | ) | ||||
| Diluted | $ | (0.05 | ) | $ | (0.05 | ) | $ | 0.03 | $ | (0.18 | ) | ||||
| Shares used in computing per share amounts: | |||||||||||||||
| Basic | 23,542 | 23,076 | 23,491 | 23,096 | |||||||||||
| Diluted | 23,542 | 23,076 | 23,740 | 23,096 | |||||||||||
