Western Digital 1995 Annual Report Download - page 17

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   Consolidated Statements of Operations  .
Years ended
(in thousands, ex cept per share amounts) July 1, 1995 June 30, 1994 June 30, 1993
Revenues, net $2,130,867 $ 1,539,680 $ 1,225,231
Costs and expenses:
Cost of revenues 1,736,761 1,221,749 1,043,184
Research and development 130,789 112,827 101,593
Selling, general and administrative 130,286 113,224 90,470
Total costs and expenses 1,997,836 1,447,800 1,235,247
Operating income (loss) 133,031 91,880 (10,016)
Net interest and other income
(expense) (Note 2) 12,002 (5,838) (15,092)
Income (loss) before income taxes 145,033 86,042 (25,108)
Provision for income taxes (Note 6) 21,731 12,906 —
Net income (loss) $ 123,302 $ 73,136 $ (25,108)
Earnings (loss) per common and
common equivalent share:
Primary $ 2.56 $ 1.77 $ (.79)
Fully diluted $ 2.47 $ 1.70 $ (.79)
Common and common equivalent
shares used in computing per
share amounts:
Primary 48,198 41,363 31,813
Fully diluted 51,420 45,680 31,813
The accompanying notes are an integral part of these financial statements.