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EMULEX CORP (ELX)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-29-14Jun-30-13Jul-01-12Jul-03-11Jun-27-10Jun-28-09Jun-29-08Jul-01-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  447.3478.6501.8452.5399.2378.2488.3470.2
            Revenue growth  -6.5%-4.6%10.9%13.4%5.5%-22.5%3.9%16.7%
Cost of goods sold   [+]365.2394.6454.6400.8152.5146.5187.1195.6
Gross profit  82.184.047.251.7246.7231.8301.2274.6
            Gross margin  18.4%17.6%9.4%11.4%61.8%61.3%61.7%58.4%
Selling, general and administrative   [+]118.9105.195.6114.8107.095.396.579.3
Research and development  155.9168.4163.6170.8126.9129.8129.2117.8
Other operating expenses  -172.5-188.9-202.1-191.16.8-580.79.314.1
EBITDA   [+]30.245.238.720.952.7633.9150.0156.8
            EBITDA margin  6.7%9.5%7.7%4.6%13.2%167.6%30.7%33.4%
Depreciation  19.018.218.121.220.922.351.455.5
EBITA  11.127.020.7-0.431.7611.598.6101.3
            EBITA margin  2.5%5.6%4.1%-0.1%8.0%161.7%20.2%21.5%
Amortization of intangibles  31.327.730.642.525.724.332.337.9
EBIT   [+]-20.2-0.7-9.9-42.86.0587.366.363.4
            EBIT margin  -4.5%-0.1%-2.0%-9.5%1.5%155.3%13.6%13.5%
Non-recurring items   [+]   6.0 586.0 19.2
Interest income, net   [+]-5.80.00.1-0.30.34.311.618.8
Other income (expense), net   [+]-0.2-4.90.3-9.80.00.00.0-3.9
Pre-tax income  -26.2-5.6-9.5-58.86.35.677.959.1
Income taxes  3.3-0.41.624.8-17.3-1.985.029.6
            Tax rate   6.6%    109.1%50.2%
Net income  -29.5-5.2-11.1-83.623.67.5-7.129.4
            Net margin  -6.6%-1.1%-2.2%-18.5%5.9%2.0%-1.4%6.3%
   
Basic EPS   [+]($0.35)($0.06)($0.13)($0.97)$0.29$0.09($0.09)$0.35
Diluted EPS   [+]($0.35)($0.06)($0.13)($0.97)$0.29$0.09($0.09)$0.33
   
Shares outstanding (basic)   [+]83.990.386.686.080.180.882.384.5
Shares outstanding (diluted)   [+]83.990.386.686.081.381.182.389.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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