|
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jul. 01, 2012
|
Jun. 26, 2011
|
Jul. 01, 2012
|
Jun. 26, 2011
|
|
| Net sales | $ 233,440 | $ 298,768 | $ 452,198 | $ 591,705 |
| Cost of sales | 159,529 | 221,336 | 319,089 | 445,502 |
| Research and development | 29,631 | 30,567 | 55,671 | 60,397 |
| Sales, general and administrative | 35,617 | 10,779 | 68,257 | 50,460 |
| Net gain on sale of Kuala Lumpur land and building | (28,434) | (28,434) | ||
| Restructuring charges (credits) | (729) | 3,788 | ||
| Operating income | 37,826 | 36,086 | 33,827 | 35,346 |
| Interest and other income (expense), net | (556) | (288) | 949 | 459 |
| Interest expense | (7,903) | (8,779) | (15,585) | (17,837) |
| Income before income taxes | 29,367 | 27,019 | 19,191 | 17,968 |
| Provision for income taxes | 3,370 | 1,731 | 6,815 | 6,828 |
| Net income | 25,997 | 25,288 | 12,376 | 11,140 |
| Less: Net loss attributable to the noncontrolling interest | (503) | |||
| Net income attributable to Spansion Inc. common stockholders | $ 25,997 | $ 25,288 | $ 12,879 | $ 11,140 |
| Net income per share | ||||
| Basic | $ 0.43 | $ 0.41 | $ 0.22 | $ 0.18 |
| Diluted | $ 0.43 | $ 0.40 | $ 0.21 | $ 0.17 |
| Shares used in per share calculation | ||||
| Basic | 59,975 | 62,106 | 59,832 | 62,123 |
| Diluted | 60,475 | 63,617 | 60,590 | 64,024 |