Quarterly Results of Operations

12 Months Ended

Jun. 26, 2011

Note 18 – Quarterly Results of Operations - Unaudited

The following is a summary of the Company's consolidated quarterly results of operations for each of the fiscal years ended June 26, 2011 and June 27, 2010 (in thousands, except per share data):


	September 26, 2010		December 26, 2010		March 27, 2011		June 26, 2011		Fiscal Year 2011
Total revenue	$	268,437	$	256,983	$	219,168	$	243,027	$	987,615
Total cost of revenue		137,908		135,837		127,773		150,324		551,842
Total gross profit		130,529		121,146		91,395		92,703		435,773
Net income		58,036		49,775		18,881		19,808		146,500
Earnings per share:
Basic	$	0.54	$	0.46	$	0.17	$	0.18	$	1.35
Diluted	$	0.53	$	0.45	$	0.17	$	0.18	$	1.33

	September 27, 2009		December 27, 2009		March 28, 2010		June 27, 2010		Fiscal Year 2010
Total revenue	$	169,130	$	199,475	$	234,083	$	264,599	$	867,287
Total cost of revenue		95,352		105,405		121,877		133,546		456,180
Total gross profit		73,778		94,070		112,206		131,053		411,107
Net income		21,026		33,786		44,630		52,848		152,290
Earnings per share:
Basic	$	0.23	$	0.32	$	0.42	$	0.49	$	1.49
Diluted	$	0.23	$	0.32	$	0.41	$	0.48	$	1.45

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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