Western Digital 2000 Annual Report Download - page 65

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WESTERN DIGITAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Ì (Continued)
(3) The third quarter of 1999 includes a $41.0 restructuring charge for the combination of the Company's
desktop and enterprise hard drive divisions and the resulting consolidation of its Singapore facilities and a
$12.0 million charge for in-process research and development related to the acquisition of Connex.
The third quarter of 2000 includes a $28.0 million net restructuring charge and a special charge to cost of
revenues of $34.8, directly resulting from the Company's exit from the enterprise hard drive market.
The third quarter of 2000 also includes a $14.8 million gain on the disposition of certain investment
securities.
(4) The fourth quarter of 1999 includes a restructuring charge of $20.0 million, for the sale of the Company's
media operation to Komag.
The fourth quarter of 2000 includes beneÑts for adjustments to tax and other accrual accounts of $19.5
million and $11.0 million, respectively.
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