| Freescale Semiconductor, Ltd. | |||||||||||||||||||
| Reconciliation of Non-GAAP Measures | |||||||||||||||||||
| (Unaudited) | |||||||||||||||||||
| Three Months Ended | Twelve Months Ended | ||||||||||||||||||
| (in millions, except per share amounts) |
Dec 31,
2013 |
Sep 27,
2013 |
Dec 31,
2012 |
Dec 31,
2013 |
Dec 31,
2012 |
||||||||||||||
| Adjusted operating earnings | $ | 174 | $ | 174 | $ | 91 | $ | 616 | $ | 504 | |||||||||
| Amortization expense for acquired intangible assets (b) | 3 | 3 | 3 | 13 | 13 | ||||||||||||||
| Non-cash share-based compensation expense (c) | 12 | 12 | 12 | 48 | 43 | ||||||||||||||
| Reorganization of business and other (g) | 14 | 2 | 20 | 24 | (15 | ) | |||||||||||||
| Operating earnings | $ | 145 | $ | 157 | $ | 56 | $ | 531 | $ | 463 | |||||||||
| Adjusted net earnings (loss) | $ | 50 | $ | 51 | $ | (37 | ) | $ | 116 | $ | (19 | ) | |||||||
| Amortization expense for acquired intangible assets (b) | 3 | 3 | 3 | 13 | 13 | ||||||||||||||
| Non-cash share-based compensation expense (c) | 12 | 12 | 12 | 48 | 43 | ||||||||||||||
| Fair value adjustment on interest rate derivatives (d) | - | - | - | (1 | ) | 17 | |||||||||||||
| Deferred and non-current tax impact (e) | 4 | 10 | (38 | ) | 23 | (7 | ) | ||||||||||||
| Loss on extinguishment or modification of long-term debt (f) | 135 | 1 | 1 | 217 | 32 | ||||||||||||||
| Reorganization of business and other (g) | 14 | 2 | 20 | 24 | (15 | ) | |||||||||||||
| Net (loss) earnings | $ | (118 | ) | $ | 23 | $ | (35 | ) | $ | (208 | ) | $ | (102 | ) | |||||
| Adjusted earnings (loss) per common share: | |||||||||||||||||||
| Basic | $ | 0.19 | $ | 0.20 | ($0.15 | ) | $ | 0.45 | ($0.08 | ) | |||||||||
| Diluted (a) | $ | 0.19 | $ | 0.20 | ($0.15 | ) | $ | 0.45 | ($0.08 | ) | |||||||||
| Weighted average common shares outstanding: | |||||||||||||||||||
| Basic | 258 | 258 | 249 | 256 | 248 | ||||||||||||||
| Diluted | 262 | 261 | 251 | 259 | 251 | ||||||||||||||
|
Freescale Semiconductor Announces Fourth Quarter and Full-Year 2013 Results
|
|
||||||
|
|
|||||||
|
|||||||
