International Rectifier Corporation and Subsidiaries
Unaudited Consolidated Statement of Income
(In thousands except per share amounts) |
| Q1 FY00 |
Three Months Ended
September 30, |
|
|
1999 |
|
1998 |
| Revenues |
$ |
152,239 |
$ |
127,493 |
| Cost of sales |
|
104,020 |
|
91,283 |
| Gross profit |
|
48,219 |
|
36,210 |
| Selling and administrative expense |
|
26,656 |
|
24,207 |
| Research and development expense |
|
10,596 |
|
10,021 |
| Operating profit |
|
10,967 |
|
1,982 |
| Other income (expense): |
|
|
|
|
| Interest, net |
|
(3,425) |
|
(2,451) |
| Other, net |
|
- |
|
518 |
| Income before income taxes |
|
7,542 |
|
49 |
|
Provision for income taxes |
|
2,413 |
|
15 |
| Net income |
$ |
5,129 |
$ |
34 |
| Net income per common share - Basic |
$ |
0.10 |
$ |
0.00 |
| Net income per common share - Diluted |
$ |
0.10 |
$ |
0.00 |
| Average common shares outstanding - Basic |
|
51,928 |
|
51,514 |
| Average common shares and potentially dilutive |
|
|
|
|
| securities outstanding - Diluted |
|
53,096 |
|
51,519 |
|
|
