Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Mar. 28, 2020

SEC Schedule, 12-09, 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		End of Year
For the year ended March 31, 2018:
Allowance for doubtful accounts	$	3,200	$	—	$	30	$	3,170
Valuation allowance for deferred tax assets	$	72,520	$	28,863	$	—	$	101,383
For the year ended March 30, 2019:
Allowance for doubtful accounts	$	3,170	$	—	$	—	$	3,170
Valuation allowance for deferred tax assets	$	101,383	$	17,390	$	—	$	118,773
For the year ended March 28, 2020:
Allowance for doubtful accounts	$	3,170	$	79	$	10	$	3,239
Valuation allowance for deferred tax assets	$	118,773	$	34,488	$	2,354	$	150,907

Supplementary Financial Data

Quarterly Data (Unaudited)

(In thousands, except per share amounts)
Year ended March 28, 2020 (1)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net revenues	$	849,632	$	833,366	$	723,499	$	756,169
Gross margin	562,863		540,260		483,478		528,435
Income before income taxes	262,550		215,845		165,843		189,746
Net income	241,459		226,993		162,012		162,257
Net income per common share: (2)
Basic	$	0.95	$	0.90	$	0.65	$	0.66
Diluted	$	0.94	$	0.89	$	0.64	$	0.65
Shares used in per share calculations:
Basic	253,268		252,399		250,546		247,166
Diluted	257,928		255,269		252,808		249,320
Cash dividends declared per common share	$	0.37	$	0.37	$	0.37	$	0.37

(1) Xilinx uses a 52- to 53-week fiscal year ending on the Saturday nearest March 31. Fiscal 2020 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.

(In thousands, except per share amounts)
Year ended March 30, 2019	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net revenues	$	684,370	$	746,252	$	800,057	$	828,361
Gross margin	477,482		514,632		552,154		558,904
Income before income taxes	212,917		239,144		256,590		259,680
Net income (loss)	190,038		215,712		239,360		244,640
Net income (loss) per common share: (2)
Basic	$	0.75	$	0.85	$	0.95	$	0.96
Diluted	$	0.74	$	0.84	$	0.93	$	0.95
Shares used in per share calculations:
Basic	252,682		252,988		253,060		253,855
Diluted	255,935		255,522		256,374		258,177
Cash dividends declared per common share	$	0.36	$	0.36	$	0.36	$	0.36

(1) Xilinx uses a 52- to 53-week fiscal year ending on the Saturday nearest March 31. Fiscal 2019 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.