International Rectifier Reports Fourth Quarter and Full Year Fiscal 2014 Results

For the fiscal years ended June 29, 2014, and June 30, 2013, stock-based compensation was as follows (in thousands):

  Fiscal Year Ended
June 29, 2014   June 30, 2013
Cost of sales $ 5,242 $ 4,393
Selling, general and administrative expense 13,144 11,166
Research and development expense 8,108   6,001
Total stock-based compensation expense $ 26,494   $ 21,560
 

INTERNATIONAL RECTIFIER CORPORATION AND SUBSIDIARIES

NON-GAAP RESULTS

(In thousands, except per share and gross profit-percentage data)

Reconciliation of GAAP to Non-GAAP Gross Profit:

  Three Months Ended   Fiscal Year Ended
June 29, 2014   March 30, 2014   June 30, 2013 June 29, 2014   June 30, 2013
GAAP Gross profit $ 105,798 $ 100,134 $ 83,067 $ 399,208 $ 257,105
Adjustments to reconcile GAAP to Non-GAAP gross profit:
Impairment of long-lived assets 2,792
Accelerated depreciation 509 507 417 2,097 1,683
Product litigation reserve release   (2,790 )   (2,790 )  
Non-GAAP gross profit $ 106,307   $ 97,851   $ 83,484   $ 398,515   $ 261,580  
Non-GAAP gross profit-percentage 35.7 % 36.3 % 30.2 % 36.0 % 26.8 %
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalGISCafe Guest
by Sanjay Gangal
GISCafe Industry Predictions for 2025 – NV5
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas Convention Center Las Vegas NV - Jan 7 - 10, 2025
GeoBuiz Summit 2025 at Hyatt Regency Aurora-Denver Conference Center. Denver CO - Jan 13 - 15, 2025
Coastal GeoTools 2025 Conference at 301 North Water Street - Jan 27 - 30, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise