PART I. FINANCIAL INFORMATION
EARNINGS PER SHARE (Unaudited)
(In millions, except per share amounts)
Three Months Ended Twelve Months Ended
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May 31, May 25, May 31, May 25,
2009 2008 2009 2008
---- ---- ---- ----
(Loss) earnings per share:
Basic $(0.28) $0.35 $0.32 $1.31
Diluted $(0.28) $0.34 $0.31 $1.26
Net (loss) income used in
basic and diluted (loss)
earnings per share
calculation $(63.7) $83.2 $73.3 $332.3
Weighted-average shares
outstanding:
Basic 230.1 236.8 229.1 252.8
Diluted 230.1 246.3 235.1 264.3
OTHER FINANCIAL STATEMENT DETAIL
(In millions)
Three Months Ended Twelve Months Ended
------------------ -------------------
May 31, May 25, May 31, May 25,
2009 2008 2009 2008
---- ---- ---- ----
Other operating income, net
---------------------------
Net intellectual property
income $(2.3) $(0.4) $(2.7) $(0.6)
Gain on sale of
manufacturing plant assets - - - (3.1)
Litigation settlement - - - 3.3
--- --- --- ---
Total other operating
income, net $(2.3) $(0.4) $(2.7) $(0.4)
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Other non-operating income
(expense), net
--------------------------
Gain (loss) on investments $6.8 $1.1 $(7.3) $(6.0)
Charitable contribution - - - (0.2)
--- --- --- ----
Total other non-operating
income (expense), net $6.8 $1.1 $(7.3) $(6.2)
==== ==== ===== =====
Share-based compensation
expense $16.9 $19.7 $70.7 $89.7
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Media Contact: Financial:
LuAnn Jenkins Mark Veeh
National Semiconductor National Semiconductor
(408) 721-2440 (408) 721-5007
luann.jenkins@nsc.com invest.group@nsc.com
Web site: http://www.national.com/
