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CONEXANT SYSTEMS INC (CNXT)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsOct-01-10Oct-02-09Oct-03-08Sep-28-07Sep-29-06Sep-30-05Oct-01-04Sep-30-03
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Total revenues  240.7208.4331.5360.718.8722.7901.90.5
            Revenue growth  15.5%-37.1%-8.1%1815.7%-97.4%-19.9%188967.9%-99.9%
Cost of goods sold  94.286.7137.3162.00.5494.0523.10.0
Gross profit  146.6121.8194.3198.718.3228.8378.70.5
            Gross margin  60.9%58.4%58.6%55.1%97.4%31.7%42.0%100.0%
Selling, general and administrative  48.262.777.980.923.3117.9125.51.3
Research and development  55.751.458.491.9 268.0240.0 
EBITDA   [+]45.114.271.055.245.4-180.7-3.419.5
            EBITDA margin  18.8%6.8%21.4%15.3%241.2%-25.0%-0.4%4081.8%
Depreciation  3.48.219.325.119.718.616.216.8
EBITA  41.76.051.730.125.8-199.3-19.52.6
            EBITA margin  17.3%2.9%15.6%8.4%136.8%-27.6%-2.2%553.9%
Amortization of intangibles  1.27.416.122.130.732.320.83.4
EBIT   [+]40.5-1.435.68.0-5.0-231.6-40.3-0.8
            EBIT margin  16.8%-0.7%10.7%2.2%-26.3%-32.0%-4.5%-166.7%
Non-recurring items   [+] 5.70.3225.4 3.8160.8 
Interest expense, net   [+]30.134.737.937.0 33.730.7 
Other income (expense), net  12.42.2-309.687.75.095.4-69.10.8
Pre-tax income  22.8-39.6-312.2-166.60.0-173.7-300.90.0
Income taxes  0.60.90.80.80.02.3243.70.0
            Tax rate  2.5%       
Earnings from continuing ops  22.2-40.5-313.1-167.4 -176.0-544.6 
Earnings from discontinued ops  -2.021.6-306.7-235.1    
Net income  20.2-18.8-313.1-402.50.0-176.0-544.60.0
            Net margin  8.4%-9.0%-94.4%-111.6%0.0%-24.4%-60.4%0.0%
   
Basic EPS   [+]$0.31($0.82)($6.21)($3.42) ($0.37)($1.40) 
Diluted EPS   [+]$0.30($0.82)($6.21)($3.42) ($0.37)($1.40) 
   
Shares outstanding (basic)   [+]72.349.550.449.0 475.6389.0 
Shares outstanding (diluted)   [+]74.949.550.449.0 475.6389.0 
   
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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