XML 50 R29.htm IDEA: XBRL DOCUMENT

Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Mar. 29, 2014

Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

XILINX, INC.

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS



(In thousands)
Description		Beginning of Year				Additions				Deductions^(a)				End of Year
For the year ended March 31, 2012:
Allowance for doubtful accounts		$	3,579			$	180			$	313			$	3,446
Allowance for deferred tax assets ^(b)		$	11,814			$	7,635			$	623			$	18,826
For the year ended March 30, 2013:
Allowance for doubtful accounts		$	3,446			$	—			$	21			$	3,425
Allowance for deferred tax assets ^(b)		$	18,826			$	7,575			$	—			$	26,401
For the year ended March 29, 2014:
Allowance for doubtful accounts		$	3,425			$	2			$	72			$	3,355
Allowance for deferred tax assets		$	26,401			$	19,771			$	3,168			$	43,004


(a)	Represents amounts written off or released against the allowances accounts.


(b)	Adjustments for the federal impact of the state allowance for deferred tax assets have been made to conform to the current year presentation as in "Note 15. Income Taxes." There was no impact to net income or the balance sheet for the change in presentation for the prior-year periods.

Supplementary Financial Data

Quarterly Data (Unaudited)



(In thousands, except per share amounts)
Year ended March 29, 2014 ⁽¹⁾		First Quarter				Second Quarter				Third Quarter				Fourth Quarter
Net revenues		$	578,955			$	598,937			$	586,816			$	617,823
Gross margin		399,255				416,121				406,024				417,878
Income before income taxes ⁽²⁾		182,979				152,765				197,932				175,850
Net income		157,023				141,461				175,877				156,027
Net income per common share: ⁽³⁾
Basic		$	0.59			$	0.53			$	0.66			$	0.58
Diluted		$	0.56			$	0.49			$	0.61			$	0.53
Shares used in per share calculations:
Basic		264,153				268,478				267,780				268,134
Diluted		280,291				290,685				288,195				294,536
Cash dividends declared per common share		$	0.25			$	0.25			$	0.25			$	0.25


(1)	Xilinx uses a 52- to 53-week fiscal year ending on the Saturday nearest March 31. Fiscal 2014 was a 52-week year and each quarter was a 13-week quarter.


(2)	Income before income taxes for the second quarter of fiscal 2014 included litigation and contingencies charge of $28,600, for the third quarter of fiscal 2014 included reversal of litigation and contingencies charge of$19,190 and for the fourth quarter of fiscal 2014 included loss on extinguishment of convertible debentures of $9,848.


(3)	Net income per common share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the annual net income per common share.



(In thousands, except per share amounts)
Year ended March 30, 2013 ⁽¹⁾		First Quarter				Second Quarter				Third Quarter				Fourth Quarter
Net revenues		$	582,784			$	543,933			$	509,767			$	532,168
Gross margin		384,373				356,220				339,274				351,579
Income before income taxes		154,905				138,083				115,693				138,325
Net income		129,831				123,437				103,648				130,620
Net income per common share: ⁽²⁾
Basic		$	0.49			$	0.47			$	0.40			$	0.50
Diluted		$	0.47			$	0.46			$	0.38			$	0.47
Shares used in per share calculations:
Basic		263,055				260,605				260,690				263,035
Diluted		273,820				270,265				271,174				277,090
Cash dividends declared per common share		$	0.22			$	0.22			$	0.22			$	0.22


(1)	Xilinx uses a 52- to 53-week fiscal year ending on the Saturday nearest March 31. Fiscal 2013 was a 52-week year and each quarter was a 13-week quarter.


(2)	Net income per common share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the annual net income per common share.