PLANAR SYSTEMS INC (PLNR) [Rocket]

In millions, except per share items	Sep-26-14	Sep-27-13	Sep-28-12	Sep-30-11	Sep-24-10	Sep-25-09	Sep-26-08	Sep-28-07
	10-K	10-K	10-K	10-K	10-K/A	10-K/A	10-K	10-K
Sales	179.0	166.8	171.4	186.5	175.7	174.9	259.3	229.1
Sales growth	7.3%	-2.7%	-8.1%	6.2%	0.4%	-32.5%	13.2%	35.8%
Cost of sales	135.3	129.5	136.7	134.4
Gross profit	43.7	37.4	34.6	52.1			49.0	51.3
Gross margin	24.4%	22.4%	20.2%	28.0%

Operating expenses:
Research and development, net	5.9	7.0	10.6	10.7			11.4	11.7
Sales and marketing	20.7	19.6	24.8	25.9			35.2	32.6
General and administrative	13.4	12.4	14.0	16.8			22.6	21.6
Restructuring (Note 5)	0.7	3.3	0.9	1.1
Total operating expenses	40.7	44.2	51.0	56.6			152.5	76.7
Income (loss) from operations	3.0	-6.8	-16.4	-4.4			-103.5	-25.4
Operating margin	1.7%	-4.1%	-9.6%	-2.4%

Non-operating income (expense):
Interest, net	0.4	0.2	0.0	0.0			0.3	1.7
Foreign exchange, net	0.3	-0.3	0.5	-0.3
Other, net	0.4	0.4	0.5	0.1			0.2	-0.3
Net non-operating income (expense)	1.1	0.8	1.0	-0.2
Income (loss) before income taxes	4.1	-6.5	-15.4	-4.6	-8.2	-3.3	-104.5	-24.3
Provision for income taxes (Note 7)	0.3	0.0	0.7	0.1			0.7	2.1
Tax rate	8.1%				0.0%	0.0%
Net income (loss)	3.8	-6.5	-16.2	-4.7			-89.8	-23.2

Net income (loss) per share
Basic (Note 3)	$0.18	($0.31)	($0.81)	($0.24)			($5.05)	($1.33)
Diluted (Note 3)	$0.18	($0.31)	($0.81)	($0.24)			($5.05)	($1.33)

Average shares outstanding-basic (Note 3)	21.4	20.8	20.1	19.4			17.8	17.4
Average shares outstanding-diluted (Note 3)	21.7	20.8	20.1	19.4			17.8	17.4