Supplemental Financial Information

6 Months Ended

Jul. 01, 2012

Supplemental Financial Information [Abstract]

Supplemental Financial Information

Note 8 — Supplemental Financial Information

Inventories

	July 1, 2012		December 31, 2011
	(In thousands)
Raw materials	$	147	$	236
Work-in-process		56,248		78,886
Finished goods		147,618		100,913
Total inventories	$	204,013	$	180,035

Goodwill

The following table summarizes goodwill activity for the six months ended July 1, 2012:

	Goodwill
	(In thousands)
Balance as of December 31, 2011	$	72,377
Addition due to SandForce acquisition		183,461
Balance as of July 1, 2012	$	255,838

There was no impairment charge for goodwill during the six months ended July 1, 2012 or July 3, 2011. The accumulated impairment loss as of July 1, 2012 was $2.4 billion.

Accumulated Other Comprehensive Loss

The following table presents the components of, and changes in, accumulated other comprehensive loss, net of taxes:

	Balance at December 31, 2011			Other Comprehensive Income			Balance at July 1, 2012
	(In thousands)
Accumulated net foreign currency translation adjustments	$	42,138		$	(3,397	)	$	38,741
Accumulated net unrealized gain on investments		5,942			(169	)		5,773
Accumulated net unrealized loss on derivatives		(2,551	)		659			(1,892	)
Accumulated actuarial loss on pension and post-retirement plans		(578,757	)		8,152			(570,605	)
Total accumulated other comprehensive loss	$	(533,228	)	$	5,245		$	(527,983	)

There was no tax effect on any item of other comprehensive income presented in the condensed consolidated statements of comprehensive income for the three and six months ended July 1, 2012 and July 3, 2011.

Reconciliation of Basic and Diluted Shares

The following table provides a reconciliation of basic and diluted shares:

	Three Months Ended				Six Months Ended
	July 1, 2012		July 3, 2011		July 1, 2012		July 3, 2011
	(In thousands)
Basic shares		563,686		594,957		564,945		605,315
Dilutive effect of stock options, employee stock purchase rights and restricted stock unit awards		17,658		16,136		21,486		15,933
Diluted shares		581,344		611,093		586,431		621,248

The weighted-average common share equivalents that were excluded from the computation of diluted shares because their inclusion would have had an anti-dilutive effect on net income per share were as follows:

	Three Months Ended				Six Months Ended
	July 1, 2012		July 3, 2011		July 1, 2012		July 3, 2011
	(In thousands)
Anti-dilutive securities:
Stock options		30,540		38,338		24,672		44,130
Restricted stock unit awards		9,743		1,445		5,985		93