FORM-F
|
FORMFACTOR, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) (Unaudited) | |||||||||||||||
| Three Months Ended | Fiscal Year Ended | ||||||||||||||
|
December
31, 2016 |
December
26, 2015 |
December
31, 2016 |
December
26, 2015 | ||||||||||||
| Revenues | $ | 123,888 | $ | 71,782 | $ | 383,881 | $ | 282,358 | |||||||
| Cost of revenues | 83,613 | 50,591 | 281,199 | 196,620 | |||||||||||
| Gross profit | 40,275 | 21,191 | 102,682 | 85,738 | |||||||||||
| Operating Expenses: | |||||||||||||||
| Research and development | 18,218 | 11,236 | 57,453 | 44,184 | |||||||||||
| Selling, general and administrative | 23,890 | 10,719 | 73,444 | 45,090 | |||||||||||
| Restructuring and impairment charges, net | 12,697 | (3 | ) | 19,692 | 567 | ||||||||||
| Total operating expenses | 54,805 | 21,952 | 150,589 | 89,841 | |||||||||||
| Operating loss | (14,530 | ) | (761 | ) | (47,907 | ) | (4,103 | ) | |||||||
| Interest income, net | 59 | 70 | 327 | 285 | |||||||||||
| Other income (expense), net | (946 | ) | (36 | ) | (2,615 | ) | 2,547 | ||||||||
| Loss before income taxes | (15,417 | ) | (727 | ) | (50,195 | ) | (1,271 | ) | |||||||
| Provision (benefit) for income taxes | 26 | (108 | ) | (43,638 | ) | 252 | |||||||||
| Net loss | $ | (15,443 | ) | $ | (619 | ) | $ | (6,557 | ) | $ | (1,523 | ) | |||
| Net loss per share: | |||||||||||||||
| Basic and diluted | $ | (0.22 | ) | $ | (0.01 | ) | $ | (0.10 | ) | $ | (0.03 | ) | |||
| Weighted average number of shares used in per share calculations: | |||||||||||||||
| Basic and diluted | 70,807 | 58,128 | 64,941 | 57,850 | |||||||||||
