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VITESSE SEMICONDUCTOR CORP (VTSS)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-14Sep-30-13Sep-30-12Sep-30-11Sep-30-10Sep-30-09Sep-30-08Sep-30-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States     51.754.2   
    Other     89.3111.8   
Total revenues   [+]108.5103.8119.5141.0166.0168.2228.5221.9
            Revenue growth   [+]4.6%-13.1%-15.2%-15.1%-1.3%-26.4%3.0%9.2%
Cost of goods sold  44.546.846.453.771.678.2106.3113.8
Gross profit  64.057.073.187.394.490.0122.2108.2
            Gross margin  59.0%54.9%61.2%61.9%56.9%53.5%53.5%48.7%
Selling, general and administrative  31.030.229.841.237.639.950.642.5
Research and development  42.541.942.753.051.045.7  
EBITDA   [+]-7.7-13.13.2-3.78.517.113.88.9
            EBITDA margin  -7.1%-12.6%2.7%-2.6%5.1%10.2%6.0%4.0%
Depreciation and amortization  1.72.02.63.32.72.82.93.9
EBITA  -9.4-15.10.5-6.95.814.310.95.0
            EBITA margin  -8.7%-14.6%0.5%-4.9%3.5%8.5%4.8%2.2%
Amortization of intangibles  0.40.30.30.30.81.42.56.8
EBIT   [+]-9.8-15.50.2-7.35.012.98.4-1.8
            EBIT margin  -9.0%-14.9%0.2%-5.2%3.0%7.7%3.7%-0.8%
Non-recurring items   [+]  -1.43.70.9191.9  
Interest expense  6.27.97.88.59.54.73.92.6
Other income (expense), net   [+]-1.70.84.94.0-13.3-11.94.9-0.2
Pre-tax income  -17.7-22.6-1.3-15.4-18.7-195.69.4-4.6
Income taxes  0.3-0.5-0.2-0.61.5-1.51.20.2
            Tax rate   2.4%13.5%4.0% 0.7%13.0% 
Earnings from continuing ops  -18.1-22.1-1.1-14.8-20.2-194.18.2-4.8
Earnings from discontinued ops       0.19.0-16.8
Net income  -18.1-22.1-1.1-14.8-20.2-194.017.2-21.6
            Net margin  -16.7%-21.3%-0.9%-10.5%-12.2%-115.4%7.5%-9.8%
   
Basic EPS   [+]($0.30)($0.55)($0.04)($0.61)($0.96)($16.91)$0.73($0.02)
Diluted EPS   [+]($0.30)($0.55)($0.04)($0.61)($0.96)($16.91)$0.73($0.02)
   
Shares outstanding (basic)   [+]60.940.325.124.321.111.511.2223.6
Shares outstanding (diluted)   [+]60.940.325.124.321.111.511.2223.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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