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NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | ||||||||||
|
September 29,
2019 |
June 30,
2019 |
September 30,
2018 | |||||||||
| Revenue | $ | 2,265 | $ | 2,217 | $ | 2,445 | |||||
| Cost of revenue | (1,079 | ) | (1,066 | ) | (1,189 | ) | |||||
| Gross profit | 1,186 | 1,151 | 1,256 | ||||||||
| Research and development | (396 | ) | (408 | ) | (433 | ) | |||||
| Selling, general and administrative | (221 | ) | (230 | ) | (252 | ) | |||||
| Amortization of acquisition-related intangible assets | (358 | ) | (355 | ) | (362 | ) | |||||
| Total operating expenses | (975 | ) | (993 | ) | (1,047 | ) | |||||
| Other income (expense) | 22 | (1 | ) | 2,002 | |||||||
| Operating income (loss) | 233 | 157 | 2,211 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | (1 | ) | (10 | ) | — | ||||||
| Other financial income (expense) | (84 | ) | (79 | ) | (119 | ) | |||||
| Income (loss) before income taxes | 148 | 68 | 2,092 | ||||||||
| Benefit (provision) for income taxes | (28 | ) | (21 | ) | (311 | ) | |||||
| Results relating to equity-accounted investees | (1 | ) | (1 | ) | 52 | ||||||
| Net income (loss) | 119 | 46 | 1,833 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 10 | 5 | 13 | ||||||||
| Net income (loss) attributable to stockholders | 109 | 41 | 1,820 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 0.39 | $ | 0.15 | $ | 5.64 | |||||
| Diluted | $ | 0.38 | $ | 0.14 | $ | 5.60 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 279,074 | 281,241 | 322,533 | ||||||||
| Diluted | 283,518 | 285,088 | 325,267 | ||||||||
