Mentor Graphics Reports Fiscal First Quarter Results

 
 

MENTOR GRAPHICS CORPORATION

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except earnings per share data)
     
 
Three Months Ended April 30,
2009 2008
(As Adjusted)
Revenues:
System and software $ 115,418 $ 96,843
Service and support   78,357     82,364  
Total revenues   193,775     179,207  
Cost of revenues: (1)
System and software 4,889 5,282
Service and support 21,203 25,342
Amortization of purchased technology   2,948     3,238  
Total cost of revenues   29,040     33,862  
Gross margin   164,735     145,345  
Operating expenses:
Research and development (2)(b) 62,291 64,382
Marketing and selling (3) 76,601 76,648
General and administration (4) 23,036 23,061
Other general expense (income), net 388 (164 )
Amortization of intangible assets (5) 2,870 2,433
Special charges (6)   5,695     9,650  
Total operating expenses   170,881     176,010  
Operating loss (6,146 ) (30,665 )
Other income, net (7) 98 2,375
Interest expense (8)(a)   (4,151 )   (4,755 )
Loss before income tax (10,199 ) (33,045 )
Income tax expense (benefit) (9)(b)   2,757     (7,549 )
Net loss $ (12,956 ) $ (25,496 )
Net loss per share:
Basic $ (0.14 ) $ (0.28 )
Diluted $ (0.14 ) $ (0.28 )
Weighted average number of shares outstanding:
Basic   94,168     90,750  
Diluted   94,168     90,750  
 
Refer to following page for a description of footnotes.
 
(a) For the April 30, 2008 presentation, Interest expense has been adjusted for the retrospective adoption of FSP APB 14-1.
(b) For the April 30, 2008 presentation, the French research and development credit was reclassified from Income tax expense (benefit) to Research and development. The reclassification was made for consistency in presentation with the current year.
 
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »



Review Article Be the first to review this article

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
H-1B Visa: de Geus’ tragedy looms large
Peggy AycinenaIP Showcase
by Peggy Aycinena
IP for Cars: Lawsuits are like Sandstorms
More Editorial  
Jobs
ASIC/FPGA Design Engineer for Palo Alto Networks at Santa Clara, CA
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
Mechanical Designer/Engineer for Palo Alto Networks at Santa Clara, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Technical Support Engineer for EDA Careers at Freemont, CA
CAD/CAM Regional Account Manager (Pacific Northwest) for Vero Software Inc. at Seattle, WA
Upcoming Events
Embedded Systems Conference ESC Boston 2017 at Boston Convention & Exhibition Center Boston MA - May 3 - 4, 2017
2017 GPU Tech Conference at San Jose McEnery Convention Center 150 West San Carlos Street San Jose CA - May 8 - 11, 2017
High Speed Digital Design and PCB Layout at 13727 460 Ct SE North Bend WA - May 9 - 11, 2017
Nanotech 2017 Conference & Expo at Gaylord National Hotel & Convention Center WA - May 14 - 17, 2017
DAC2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy