Adaptec 2011 Annual Report Download - page 80

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Table of Contents
Enterprise-wide information is provided below. Geographic revenue information is based on the location of the customer invoiced. Long-lived assets
include property and equipment, goodwill and other intangible assets and other long-term assets. Geographic information about long-lived assets is based on
the physical location of the assets.
Year Ended
(in thousands)
December 31,
2011
December 26,
2010
December 27,
2009
Net revenues
China $ 236,186 $ 217,148 $ 204,774
Asia, other 74,832 84,230 80,037
Japan 85,999 95,427 69,611
United States 114,224 96,207 63,490
Taiwan 83,274 90,303 62,275
Europe and Middle East 51,115 45,482 12,853
Other foreign 8,674 6,285 3,099
Total $ 654,304 $ 635,082 $ 496,139
(in thousands)
December 31,
2011
December 26,
2010
December 27,
2009
Long-lived assets
Canada $ 12,685 $ 12,608 $ 10,147
United States 7,450 7,014 3,931
Israel 3,885 5,422 3,796
Other 3,775 2,656 3,628
Total $ 27,795 $ 27,700 $ 21,502
During 2011, the Company had two end customers whose purchases represented 10% or more of net revenues. In 2010 and 2009, the Company had one
end customer whose purchases represented 10% or more of net revenues. In 2011, those two end customers had purchases that represented 20% and 10% of
net revenues. In each of 2010 and 2009, the Company had one end customer whose purchases represented 20% and 19%, respectively.
NOTE 17. NET INCOME PER SHARE
The following table sets forth the computation of basic and diluted net income per share:
Year Ended
(in thousands, except per share amounts)
December 31,
2011
December 26,
2010
December 27,
2009
Numerator:
Net income: $ 84,699 $ 83,162 $ 46,877
Denominator:
Basic weighted average common shares outstanding(1) 233,210 231,427 226,225
Dilutive effect of employee stock options and awards 1,974 3,360 3,342
Diluted weighted average common shares outstanding 235,184 234,787 229,567
Basic net income per share $ 0.36 $ 0.36 $ 0.21
Diluted net income per share $ 0.36 $ 0.35 $ 0.20
(1) PMC-Sierra,Ltd. Special Shares are included in the calculation of basic weighted average common shares outstanding.
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