Analog Devices Announces Financial Results for the Second Quarter of Fiscal Year 2008

Analog Devices, Second Quarter, Fiscal 2008
     

Schedule B

Results of Discontinued Operations
(In thousands, except per-share amounts)
 
The following table reflects the amounts reclassified from our continuing operations into discontinued operations:
 
 
Three Months Ended
2Q 08 1Q 08 2Q 07
   

May 3,
2008

 

Feb. 2,
2008

 

May 5,
2007

Total revenue $ 21,130 $ 47,363 $ 71,649
Cost of sales     19,555       32,983     51,236  
Gross margin     1,575       14,380     20,413  
Operating expenses:
R&D 181 12,324 19,993
Selling, marketing and G&A     258       1,743     2,835  
Operating income (loss) from discontinued operations     1,136       313     (2,415 )
Gain on sale of business     -       356,016     -  
Income (loss) before income taxes from discontinued operations     1,136       356,329     (2,415 )
(Benefit from) provision for income taxes from discontinued operations     (2,058 )     107,458     (2,193 )
Income (loss) from discontinued operations, net of tax   $ 3,194     $ 248,871   $ (222 )
 
Earnings per share from discontinued operations - basic $ 0.01 $ 0.83 $ (0.00 )
Earnings per share from discontinued operations - diluted $ 0.01 $ 0.82 $ (0.00 )

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