Seagate 2012 Annual Report Download - page 67

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Table of Contents
SEAGATE TECHNOLOGY PLC
CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except per share data)
See notes to consolidated financial statements.
62
Fiscal Years Ended
June 28,
2013
June 29,
2012
July 1,
2011
Revenue
$
14,351
$
14,939
$
10,971
Cost of revenue
10,411
10,255
8,825
Product development
1,133
1,006
875
Marketing and administrative
635
528
445
Amortization of intangibles
79
38
2
Restructuring and other, net
2
4
18
Total operating expenses
12,260
11,831
10,165
Income from operations
2,091
3,108
806
Interest income
8
8
7
Interest expense
(214
)
(241
)
(214
)
Other, net
(54
)
7
(20
)
Other expense, net
(260
)
(226
)
(227
)
Income before income taxes
1,831
2,882
579
(Benefit from) provision for income taxes
(7
)
20
68
Net income
1,838
2,862
511
Less: Net income attributable to noncontrolling interest
—
—
—
Net income attributable to Seagate Technology plc
$
1,838
$
2,862
$
511
Net income per share attributable to Seagate Technology plc
ordinary shareholders:
Basic
$
4.97
$
6.72
$
1.13
Diluted
4.81
6.49
1.09
Number of shares used in per share calculations:
Basic
370
426
451
Diluted
382
441
467
Cash dividends declared per Seagate Technology plc ordinary
share
$
1.40
$
0.86
$
0.18