ENTROPIC COMMUNICATIONS INC (ENTR) [Rocket]

In millions, except per share items	Mar-31-15	Dec-31-14	Sep-30-14	Jun-30-14	Mar-31-14	Dec-31-13	Sep-30-13	Jun-30-13
	8-K	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q
Net revenues	48.7	42.6	43.2	50.2	55.7	57.9	56.4	70.6
Net revenues growth	-12.5%	-26.5%	-23.4%	-28.9%	-25.3%	-35.4%	-37.2%	-15.0%
Cost of net revenues	26.1	21.5	20.6	26.7	29.6	30.1	28.9	36.4
Gross profit	22.6	21.1	22.6	23.5	26.1	27.8	27.5	34.3
Gross margin	46.4%	49.5%	52.3%	46.9%	46.8%	48.0%	48.8%	48.5%

Operating expenses:
Research and development	14.9	21.7	29.1	31.2	35.3	29.6	28.5	28.3
Sales and marketing	4.4	5.1	5.9	5.9	7.4	6.3	6.1	6.0
General and administrative	6.0	5.6	5.4	6.1	6.1	5.1	5.8	5.5
Amortization of intangibles	0.3	0.3	0.3	0.3	0.4	0.4	0.4	0.5
Restructuring charges	2.3	8.4	2.2	1.8			-0.1	1.8
Impairment of assets		5.3	7.4					-4.8
Total operating expenses	27.7	46.3	50.3	45.3	49.3	41.5	40.8	42.1
(Loss) income from operations	-5.2	-25.2	-27.7	-21.8	-23.2	-13.7	-13.3	-7.8
Operating margin	-10.6%	-59.3%	-64.1%	-43.4%	-41.7%	-23.6%	-23.5%	-11.1%
Loss related to equity method investment								-0.3
Other income, net	0.2	0.4	0.2	0.2	0.1	0.4	0.5	0.3
(Loss) income before income taxes		-24.8	-27.5	-21.6	-23.1	-13.2	-12.8	-12.7
Income tax provision	0.2	0.6	0.1	0.3	0.1	-1.3	-0.9	27.2
Net (loss) income	-5.1	-25.4	-27.6	-21.8	-23.3	-11.9	-11.9	-39.9

Net (loss) income per share, basic		($0.28)	($0.31)	($0.24)	($0.26)	($0.13)	($0.13)	($0.44)
Net (loss) income per share, diluted		($0.28)	($0.31)	($0.24)	($0.26)	($0.13)	($0.13)	($0.44)

Weighted Average Number of Shares Outstanding, Basic	91.0	89.8	89.3	89.6	89.7	90.5	91.1	90.3
Weighted Average Number of Shares Outstanding, Diluted	91.0	89.8	89.3	89.6	89.7	90.5	91.1	90.3