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58
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FINANCIAL STATEMENTS
Our financial statements required by this item are submitted as a separate section of this Form 10-K. See Item
15 (a)(1) for a listing of financial statements provided in the section titled “Financial Statements.”
SUPPLEMENTARY DATA
The following tables (presented in thousands, except per share amounts) set forth supplementary data for each
of the quarters in the two-year period ended November 28, 2003.
2003
Quarter Ended Year Ended
February 28 May 30 August 29 November 28 November 28
Revenue ............................................... $ 296,895 $ 320,146 $ 319,122 $ 358,586 $ 1,294,749
Gross profit.......................................... 274,533 296,790 297,045 333,359 1,201,727
Income before income taxes ................ 77,465 91,780 92,177 119,070 380,492
Net income (1)..................................... 54,225 64,246 64,524 83,349 266,344
Basic net income per share (1)............. 0.23 0.28 0.28 0.35 1.14
Shares used in computing basic net
income per share .............................. 231,084 232,124 233,364 235,899 234,246
Diluted net income per share ............... 0.23 0.27 0.27 0.34 1.10
Shares used in computing diluted net
income per share .............................. 235,294 239,237 240,495 245,512 241,450
2002
Quarter Ended Year Ended
March 1 May 31 August 30 November 29 November 29
Revenue ............................................... $ 267,896 $ 317,359 $ 284,879 $ 294,654 $ 1,164,788
Gross profit.......................................... 246,899 292,226 253,243 268,132 1,060,500
Income before income taxes ................ 73,247 79,855 69,413 62,174 284,689
Net income (2)..................................... 49,808 54,301 47,201 40,089 191,399
Basic net income per share (2)............. 0.21 0.23 0.20 0.17 0.81
Shares used in computing basic net
income per share .............................. 236,581 238,202 238,010 233,838 236,834
Diluted net income per share ............... 0.20 0.22 0.19 0.17 0.79
Shares used in computing diluted net
income per share .............................. 245,245 247,687 243,375 238,407 243,119
(1) In fiscal 2003, net income and net income per share includes the following: the first quarter includes investment loss of $6.7
million; the second quarter includes investment loss of $3.6 million; the third quarter includes investment loss of $3.0 million
and a partial reversal of restructuring and other charges of $0.4 million; the fourth quarter includes investment gain of $0.4
million and a partial reversal of restructuring and other charges of $0.1 million.
(2) In fiscal 2002, net income and net income per share includes the following: the first quarter includes investment gain of $4.5
million, acquired in-process research and development of $5.4 million, and amortization of goodwill and purchased and other
intangibles of $3.5 million; the second quarter includes investment loss of $13.7 million, restructuring and other charges of
$1.6 million, acquired in-process research and development of $0.4 million, and amortization of goodwill and purchased and
other intangibles of $3.5 million; the third quarter includes investment loss of $4.2 million and amortization of goodwill and
purchased and other intangibles of $3.5 million; the fourth quarter includes investment loss of $3.8 million, restructuring and
other charges of $10.5 million, and amortization and impairment of goodwill and purchased and other intangibles of $10.4
million.