XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 29, 2013
Mar. 30, 2012
Revenue    
Products $ 165.0 $ 209.7
Services 44.4 48.2
Total revenue 209.4 257.9
Cost of Revenue    
Products 106.9 128.7
Services 30.2 33.5
Total cost of revenue 137.1 162.2
Gross Profit 72.3 95.7
Gross profit as a percentage of revenue 34.50% 37.10%
Gross profit as a percentage of revenue - products 35.20% 38.60%
Gross profit as a percentage of revenue - services 32.00% 30.50%
Operating Expenses    
Research and development 52.7 66.9
Sales and marketing 27.0 36.4
General and administrative 17.6 21.1
Intangible asset amortization 1.1 2.2
Restructuring and other charges 34.7 106.0
Total operating expenses 133.1 232.6
Operating Loss (60.8) (136.9)
Operating loss as a percentage of revenue (29.00%) (53.10%)
Other Income    
Interest income, net 0.7 1.8
Other income (expense), net 1.2 (1.0)
Total other income 1.9 0.8
Loss Before Income Tax (58.9) (136.1)
Income tax benefit (expense) 3.0 (3.7)
Net Loss $ (55.9) $ (139.8)
Weighted Average Shares Outstanding    
Basic 359.4 365.7
Diluted 359.4 365.7
Net Loss Per Share    
Basic $ (0.16) $ (0.38)
Diluted $ (0.16) [1] $ (0.38) [1]
Cash Dividends Per Share   $ 0.02
[1] Dilutive securities are not included in the computation of diluted earnings per share when a company is in a loss position. As such, the numerator and the denominator used in computing both basic and diluted net loss per share for the first quarter of 2013 and the first quarter of 2012 are the same. Diluted weighted average shares outstanding were 360.9 million in the first quarter of 2013, and 367.9 million in the first quarter of 2012.