Schedule of Supplemental Condensed Consolidating Statement of Operations |
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Three Months Ended June 28, 2014 | | | | | | | | | | | | | | | | | | | | | | Parent/Issuer | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues: | | | | | | | | | | Product | $ | 128.4 |
| | $ | 386.4 |
| | $ | 125.8 |
| | $ | (111.3 | ) | | $ | 529.3 |
| Service and other | 88.2 |
| | 14.4 |
| | 13.1 |
| | (12.4 | ) | | 103.3 |
| | 216.6 |
| | 400.8 |
| | 138.9 |
| | (123.7 | ) | | 632.6 |
| Costs of revenues: | | | | | | | | | | Product | 61.5 |
| | 147.3 |
| | 89.2 |
| | (111.3 | ) | | 186.7 |
| Amortization of intangible assets | 1.4 |
| | 75.3 |
| | 3.8 |
| | — |
| | 80.5 |
| Service and other | 46.8 |
| | 5.9 |
| | 12.3 |
| | (12.4 | ) | | 52.6 |
| Gross Profit | 106.9 |
| | 172.3 |
| | 33.6 |
| | — |
| | 312.8 |
| Operating expenses: | | | | | | | | | | Research and development | 7.7 |
| | 42.9 |
| | 1.9 |
| | — |
| | 52.5 |
| Selling and marketing | 16.8 |
| | 43.4 |
| | 22.8 |
| | — |
| | 83.0 |
| General and administrative | 15.8 |
| | 37.8 |
| | 11.1 |
| | — |
| | 64.7 |
| Amortization of intangible assets | 0.6 |
| | 26.8 |
| | 2.3 |
| | — |
| | 29.7 |
| Restructuring and divestiture charges | 1.0 |
| | 2.9 |
| | 2.8 |
| | — |
| | 6.7 |
| | 41.9 |
| | 153.8 |
| | 40.9 |
| | — |
| | 236.6 |
| Income (loss) from operations | 65.0 |
| | 18.5 |
| | (7.3 | ) | | — |
| | 76.2 |
| Interest income | 0.1 |
| | 1.1 |
| | 0.2 |
| | (1.1 | ) | | 0.3 |
| Interest expense | (52.6 | ) | | (0.3 | ) | | (0.6 | ) | | 1.1 |
| | (52.4 | ) | Other (expense) income, net | 1.3 |
| | (3.0 | ) | | 0.2 |
| | — |
| | (1.5 | ) | Income (loss) before income taxes | 13.8 |
| | 16.3 |
| | (7.5 | ) | | — |
| | 22.6 |
| Provision for income taxes | 6.8 |
| | 3.6 |
| | 0.9 |
| | — |
| | 11.3 |
| Equity in earnings (losses) of subsidiaries | 4.3 |
| | 3.3 |
| | — |
| | (7.6 | ) | | — |
| Net income (loss) | $ | 11.3 |
| | $ | 16.0 |
| | $ | (8.4 | ) | | $ | (7.6 | ) | | $ | 11.3 |
|
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Nine Months Ended June 28, 2014 | | | | | | | | | | | | | | | | | | | | | | Parent/Issuer | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues: | | | | | | | | | | Product | $ | 356.8 |
| | $ | 1,154.0 |
| | $ | 373.7 |
| | $ | (321.7 | ) | | $ | 1,562.8 |
| Service and other | 262.7 |
| | 47.4 |
| | 37.2 |
| | (40.0 | ) | | 307.3 |
| | 619.5 |
| | 1,201.4 |
| | 410.9 |
| | (361.7 | ) | | 1,870.1 |
| Costs of revenues: | | | | | | | | | | Product | 172.4 |
| | 431.7 |
| | 266.9 |
| | (321.7 | ) | | 549.3 |
| Amortization of intangible assets | 4.2 |
| | 224.0 |
| | 5.9 |
| | — |
| | 234.1 |
| Impairment of intangible assets | — |
| | — |
| | 26.6 |
| | — |
| | 26.6 |
| Service and other | 140.3 |
| | 27.5 |
| | 31.8 |
| | (40.0 | ) | | 159.6 |
| Gross Profit | 302.6 |
| | 518.2 |
| | 79.7 |
| | — |
| | 900.5 |
| Operating expenses: | | | | | | | | | | Research and development | 23.0 |
| | 121.7 |
| | 6.4 |
| | — |
| | 151.1 |
| Selling and marketing | 52.6 |
| | 126.8 |
| | 65.6 |
| | — |
| | 245.0 |
| General and administrative | 45.5 |
| | 114.9 |
| | 34.2 |
| | — |
| | 194.6 |
| Amortization of intangible assets | 2.4 |
| | 77.9 |
| | 4.7 |
| | — |
| | 85.0 |
| Impairment of intangible assets | — |
| | — |
| | 0.5 |
| | — |
| | 0.5 |
| Restructuring and divestiture charges | 7.6 |
| | 15.0 |
| | 14.0 |
| | — |
| | 36.6 |
| | 131.1 |
| | 456.3 |
| | 125.4 |
| | — |
| | 712.8 |
| Income (loss) from operations | 171.5 |
| | 61.9 |
| | (45.7 | ) | | — |
| | 187.7 |
| Interest income | 0.3 |
| | 2.3 |
| | 0.7 |
| | (2.5 | ) | | 0.8 |
| Interest expense | (168.0 | ) | | (0.8 | ) | | (1.8 | ) | | 2.5 |
| | (168.1 | ) | Debt extinguishment loss | (7.4 | ) | | — |
| | — |
| | — |
| | (7.4 | ) | Other (expense) income, net | 7.9 |
| | (12.4 | ) | | 1.0 |
| | — |
| | (3.5 | ) | Income (loss) before income taxes | 4.3 |
| | 51.0 |
| | (45.8 | ) | | — |
| | 9.5 |
| Provision for income taxes | 5.0 |
| | 9.9 |
| | 5.4 |
| | — |
| | 20.3 |
| Equity in earnings (losses) of subsidiaries | (10.1 | ) | | 14.3 |
| | — |
| | (4.2 | ) | | — |
| Net (loss) income | $ | (10.8 | ) | | $ | 55.4 |
| | $ | (51.2 | ) | | $ | (4.2 | ) | | $ | (10.8 | ) |
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Three Months Ended June 29, 2013 | | | | | | | | | | | | | | | | | | | | | | Parent/Issuer | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues: | | | | | | | | | | Product | $ | 106.5 |
| | $ | 399.1 |
| | $ | 114.8 |
| | $ | (90.5 | ) | | $ | 529.9 |
| Service and other | 81.4 |
| | 15.9 |
| | 11.3 |
| | (12.4 | ) | | 96.2 |
| | 187.9 |
| | 415.0 |
| | 126.1 |
| | (102.9 | ) | | 626.1 |
| Costs of revenues: | | | | | | | | | | Product | 57.7 |
| | 143.8 |
| | 76.6 |
| | (90.5 | ) | | 187.6 |
| Amortization of intangible assets | 1.3 |
| | 73.7 |
| | 1.0 |
| | — |
| | 76.0 |
| Impairment of intangible assets | — |
| | — |
| | 1.7 |
| | — |
| | 1.7 |
| Service and other | 39.1 |
| | 14.8 |
| | 9.5 |
| | (12.4 | ) | | 51.0 |
| Gross profit | 89.8 |
| | 182.7 |
| | 37.3 |
| | — |
| | 309.8 |
| Operating expenses: | | | | | | | | | | Research and development | 8.0 |
| | 37.2 |
| | 2.6 |
| | — |
| | 47.8 |
| Selling and marketing | 17.9 |
| | 43.5 |
| | 21.5 |
| | — |
| | 82.9 |
| General and administrative | 20.0 |
| | 31.3 |
| | 9.2 |
| | — |
| | 60.5 |
| Amortization of intangible assets | 0.8 |
| | 26.7 |
| | 1.2 |
| | — |
| | 28.7 |
| Contingent consideration – compensation expense | 21.6 |
| | — |
| | — |
| | — |
| | 21.6 |
| Contingent consideration – fair value adjustments | 0.5 |
| | — |
| | — |
| | — |
| | 0.5 |
| Restructuring and divestiture charges | 0.6 |
| | 3.7 |
| | 2.4 |
| | — |
| | 6.7 |
| | 69.4 |
| | 142.4 |
| | 36.9 |
| | — |
| | 248.7 |
| Income from operations | 20.4 |
| | 40.3 |
| | 0.4 |
| | — |
| | 61.1 |
| Interest income | 0.1 |
| | — |
| | 0.2 |
| | — |
| | 0.3 |
| Interest expense | (66.3 | ) | | (0.3 | ) | | (0.6 | ) | | — |
| | (67.2 | ) | Other (expense) income, net | 178.1 |
| | (179.2 | ) | | (0.1 | ) | | — |
| | (1.2 | ) | (Loss) income before income taxes | 132.3 |
| | (139.2 | ) | | (0.1 | ) | | — |
| | (7.0 | ) | Provision (benefit) for income taxes | 50.9 |
| | (49.9 | ) | | 3.0 |
| | — |
| | 4.0 |
| Equity in earnings (losses) of subsidiaries | (92.4 | ) | | 1.1 |
| | — |
| | 91.3 |
| | — |
| Net (loss) income | $ | (11.0 | ) | | $ | (88.2 | ) | | $ | (3.1 | ) | | $ | 91.3 |
| | $ | (11.0 | ) |
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Nine Months Ended June 29, 2013 | | | | | | | | | | | | | | | | | | | | | | Parent/Issuer | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues: | | | | | | | | | | Product | $ | 305.2 |
| | $ | 1,177.7 |
| | $ | 365.3 |
| | $ | (268.9 | ) | | $ | 1,579.3 |
| Service and other | 240.5 |
| | 56.5 |
| | 34.6 |
| | (40.7 | ) | | 290.9 |
| | 545.7 |
| | 1,234.2 |
| | 399.9 |
| | (309.6 | ) | | 1,870.2 |
| Costs of revenues: | | | | | | | | | | Product | 163.7 |
| | 478.1 |
| | 244.3 |
| | (268.9 | ) | | 617.2 |
| Amortization of intangible assets | 4.0 |
| | 219.8 |
| | 3.2 |
| | — |
| | 227.0 |
| Impairment of intangible assets | — |
| | — |
| | 1.7 |
| | — |
| | 1.7 |
| Service and other | 118.1 |
| | 46.2 |
| | 29.9 |
| | (40.7 | ) | | 153.5 |
| Gross profit | 259.9 |
| | 490.1 |
| | 120.8 |
| | — |
| | 870.8 |
| Operating expenses: | | | | | | | | | | Research and development | 22.7 |
| | 118.8 |
| | 7.4 |
| | — |
| | 148.9 |
| Selling and marketing | 59.1 |
| | 136.2 |
| | 70.1 |
| | — |
| | 265.4 |
| General and administrative | 52.0 |
| | 101.0 |
| | 26.7 |
| | — |
| | 179.7 |
| Amortization of intangible assets | 2.2 |
| | 80.1 |
| | 3.6 |
| | — |
| | 85.9 |
| Contingent consideration – compensation expense | 80.5 |
| | — |
| | — |
| | — |
| | 80.5 |
| Contingent consideration – fair value adjustments | 11.3 |
| | — |
| | — |
| | — |
| | 11.3 |
| Gain on sale of intellectual property | — |
| | (53.9 | ) | | — |
| | — |
| | (53.9 | ) | Restructuring and divestiture charges | 0.9 |
| | 17.7 |
| | 4.5 |
| | — |
| | 23.1 |
| | 228.7 |
| | 399.9 |
| | 112.3 |
| | — |
| | 740.9 |
| Income from operations | 31.2 |
| | 90.2 |
| | 8.5 |
| | — |
| | 129.9 |
| Interest income | 0.4 |
| | 0.1 |
| | 0.3 |
| | — |
| | 0.8 |
| Interest expense | (212.9 | ) | | (0.9 | ) | | (1.5 | ) | | — |
| | (215.3 | ) | Debt extinguishment loss | (3.2 | ) | | — |
| | — |
| | — |
| | (3.2 | ) | Other income (expense), net | 179.8 |
| | (186.3 | ) | | 6.3 |
| | — |
| | (0.2 | ) | (Loss) income before income taxes | (4.7 | ) | | (96.9 | ) | | 13.6 |
| | — |
| | (88.0 | ) | (Benefit) provision for income taxes | 24.3 |
| | (61.1 | ) | | 7.7 |
| | — |
| | (29.1 | ) | Equity in earnings (losses) of subsidiaries | (29.9 | ) | | 14.5 |
| | — |
| | 15.4 |
| | — |
| Net (loss) income | $ | (58.9 | ) | | $ | (21.3 | ) | | $ | 5.9 |
| | $ | 15.4 |
| | $ | (58.9 | ) |
|
Schedule of Supplemental Condensed Consolidating Balance Sheet |
SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET June 28, 2014 | | | | | | | | | | | | | | | | | | | | | | Parent/ Issuer | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | ASSETS | | | | | | | | | | Current assets: | | | | | | | | | | Cash and cash equivalents | $ | 215.4 |
| | $ | 272.6 |
| | $ | 144.5 |
| | $ | — |
| | $ | 632.5 |
| Restricted cash | — |
| | — |
| | 5.9 |
| | — |
| | 5.9 |
| Accounts receivable, net | 114.3 |
| | 168.7 |
| | 98.7 |
| | — |
| | 381.7 |
| Inventories | 88.8 |
| | 186.1 |
| | 54.9 |
| | — |
| | 329.8 |
| Deferred income tax assets | 14.4 |
| | 19.2 |
| | 0.8 |
| | — |
| | 34.4 |
| Prepaid income taxes | 6.0 |
| | 2.9 |
| | 1.4 |
| | — |
| | 10.3 |
| Prepaid expenses and other current assets | 18.7 |
| | 10.1 |
| | 9.0 |
| | — |
| | 37.8 |
| Intercompany receivables | — |
| | 2,663.6 |
| | 13.4 |
| | (2,677.0 | ) | | — |
| Total current assets | 457.6 |
| | 3,323.2 |
| | 328.6 |
| | (2,677.0 | ) | | 1,432.4 |
| Property, plant and equipment, net | 29.2 |
| | 338.0 |
| | 100.2 |
| | — |
| | 467.4 |
| Intangible assets, net | 14.1 |
| | 3,484.2 |
| | 60.4 |
| | — |
| | 3,558.7 |
| Goodwill | 282.4 |
| | 2,391.0 |
| | 137.7 |
| | — |
| | 2,811.1 |
| Other assets | 92.1 |
| | 48.5 |
| | 1.8 |
| | — |
| | 142.4 |
| Long term intercompany receivables | — |
| | 144.0 |
| | — |
| | (144.0 | ) | | — |
| Investment in subsidiaries | 8,681.0 |
| | 220.3 |
| | 0.2 |
| | (8,901.5 | ) | | — |
| Total assets | $ | 9,556.4 |
| | $ | 9,949.2 |
| | $ | 628.9 |
| | $ | (11,722.5 | ) | | $ | 8,412.0 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | | | | | | | Current liabilities: | | | | | | | | | | Current portion of long-term debt | $ | 102.0 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 102.0 |
| Accounts payable | 24.0 |
| | 46.2 |
| | 12.1 |
| | — |
| | 82.3 |
| Accrued expenses | 145.2 |
| | 71.2 |
| | 50.1 |
| | — |
| | 266.5 |
| Deferred revenue | 108.5 |
| | 7.9 |
| | 30.7 |
| | — |
| | 147.1 |
| Deferred income tax liability | — |
| | — |
| | — |
| | — |
| | — |
| Intercompany payables | 2,628.5 |
| | — |
| | 51.5 |
| | (2,680.0 | ) | | — |
| Total current liabilities | 3,008.2 |
| | 125.3 |
| | 144.4 |
| | (2,680.0 | ) | | 597.9 |
| Long-term debt, net of current portion | 4,168.5 |
| | — |
| | — |
| | — |
| | 4,168.5 |
| Deferred income tax liabilities | 82.6 |
| | 1,320.1 |
| | 8.1 |
| | — |
| | 1,410.8 |
| Deferred service obligations – long-term | 8.1 |
| | 4.0 |
| | 9.7 |
| | — |
| | 21.8 |
| Long-term intercompany payables | 144.0 |
| | — |
| | — |
| | (144.0 | ) | | — |
| Other long-term liabilities | 113.7 |
| | 32.8 |
| | 35.2 |
| | — |
| | 181.7 |
| Total stockholders’ equity | 2,031.3 |
| | 8,467.0 |
| | 431.5 |
| | (8,898.5 | ) | | 2,031.3 |
| Total liabilities and stockholders’ equity | $ | 9,556.4 |
| | $ | 9,949.2 |
| | $ | 628.9 |
| | $ | (11,722.5 | ) | | $ | 8,412.0 |
|
SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET September 28, 2013 | | | | | | | | | | | | | | | | | | | | | | Parent/ Issuer | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | ASSETS | | | | | | | | | | Current assets: | | | | | | | | | | Cash and cash equivalents | $ | 321.6 |
| | $ | 387.4 |
| | $ | 113.5 |
| | $ | — |
| | $ | 822.5 |
| Restricted cash | — |
| | — |
| | 6.9 |
| | — |
| | 6.9 |
| Accounts receivable, net | 126.1 |
| | 174.4 |
| | 108.8 |
| | — |
| | 409.3 |
| Inventories | 81.9 |
| | 146.7 |
| | 60.8 |
| | — |
| | 289.4 |
| Deferred income tax assets | — |
| | 19.0 |
| | 0.5 |
| | (19.5 | ) | | — |
| Prepaid income taxes | 47.1 |
| | 2.3 |
| | — |
| | (4.7 | ) | | 44.7 |
| Prepaid expenses and other current assets | 16.3 |
| | 21.1 |
| | 11.0 |
| | — |
| | 48.4 |
| Intercompany receivables | — |
| | 2,442.6 |
| | 31.9 |
| | (2,474.5 | ) | | — |
| Other current assets – assets held-for-sale | — |
| | — |
| | 3.0 |
| | — |
| | 3.0 |
| Total current assets | 593.0 |
| | 3,193.5 |
| | 336.4 |
| | (2,498.7 | ) | | 1,624.2 |
| Property, plant and equipment, net | 29.3 |
| | 356.7 |
| | 105.5 |
| | — |
| | 491.5 |
| Intangible assets, net | 19.9 |
| | 3,785.0 |
| | 101.8 |
| | — |
| | 3,906.7 |
| Goodwill | 283.0 |
| | 2,390.9 |
| | 140.6 |
| | — |
| | 2,814.5 |
| Other assets | 103.6 |
| | 58.4 |
| | 1.9 |
| | — |
| | 163.9 |
| Investments in subsidiaries | 8,667.6 |
| | 129.0 |
| | 2.3 |
| | (8,798.9 | ) | | — |
| Total assets | $ | 9,696.4 |
| | $ | 9,913.5 |
| | $ | 688.5 |
| | $ | (11,297.6 | ) | | $ | 9,000.8 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | | | | | | | Current liabilities: | | | | | | | | | | Current portion of long-term debt | $ | 563.8 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 563.8 |
| Accounts payable | 27.9 |
| | 42.6 |
| | 10.0 |
| | — |
| | 80.5 |
| Accrued expenses | 153.0 |
| | 79.6 |
| | 44.4 |
| | (5.0 | ) | | 272.0 |
| Deferred revenue | 93.3 |
| | 8.0 |
| | 31.0 |
| | — |
| | 132.3 |
| Deferred income tax liabilities | 59.3 |
| | — |
| | — |
| | (19.5 | ) | | 39.8 |
| Intercompany payables | 2,418.1 |
| | — |
| | 64.4 |
| | (2,482.5 | ) | | — |
| Total current liabilities | 3,315.4 |
| | 130.2 |
| | 149.8 |
| | (2,507.0 | ) | | 1,088.4 |
| Long-term debt, net of current portion | 4,242.1 |
| | — |
| | — |
| | — |
| | 4,242.1 |
| Deferred income tax liabilities | 89.1 |
| | 1,435.5 |
| | 10.7 |
| | — |
| | 1,535.3 |
| Deferred service obligations – long-term | 11.3 |
| | 3.5 |
| | 12.9 |
| | (2.2 | ) | | 25.5 |
| Other long-term liabilities | 97.0 |
| | 37.6 |
| | 33.4 |
| | — |
| | 168.0 |
| Total stockholders’ equity | 1,941.5 |
| | 8,306.7 |
| | 481.7 |
| | (8,788.4 | ) | | 1,941.5 |
| Total liabilities and stockholders’ equity | $ | 9,696.4 |
| | $ | 9,913.5 |
| | $ | 688.5 |
| | $ | (11,297.6 | ) | | $ | 9,000.8 |
|
|