Plantronics 2011 Annual Report Download - page 57

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PLANTRONICS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Net revenues
Cost of revenues
Gross profit
Operating expenses:
Research, development and engineering
Selling, general and administrative
Gain from litigation settlement
Restructuring and other related charges
Total operating expenses
Operating income
Interest and other income (expense), net
Income from continuing operations before income taxes
Income tax expense from continuing operations
Income from continuing operations, net of tax
Discontinued operations:
Loss from operations of discontinued AEG segment (including loss on sale)
Income tax benefit on discontinued operations
Loss on discontinued operations, net of tax
Net income (loss)
Earnings (loss) per common share:
Basic
Continuing operations
Discontinued operations
Net income (loss)
Diluted
Continuing operations
Discontinued operations
Net income (loss)
Shares used in basic per share calculations
Shares used in diluted per share calculations
Cash dividends declared per common share
Fiscal Year Ended March 31,
2011
$ 683,602
321,846
361,756
63,183
163,389
(5,100)
(428)
221,044
140,712
(56)
140,656
31,413
109,243
—
—
—
$ 109,243
$ 2.29
$ —
$ 2.29
$ 2.21
$ —
$ 2.21
47,713
49,344
$ 0.20
2010
$ 613,837
312,767
301,070
57,784
143,784
—
1,867
203,435
97,635
3,105
100,740
24,287
76,453
(30,468)
(11,393)
(19,075)
$ 57,378
$ 1.58
$(0.39)
$ 1.18
$ 1.55
$(0.39)
$ 1.16
48,504
49,331
$ 0.20
2009
$ 674,590
382,659
291,931
63,840
155,678
—
10,952
230,470
61,461
(3,544)
57,917
12,575
45,342
(142,633)
(32,392)
(110,241)
$(64,899)
$ 0.93
$(2.27)
$(1.34)
$ 0.93
$(2.25)
$(1.33)
48,589
48,947
$ 0.20
The accompanying notes are an integral part of these consolidated financial statements.
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