Broadcom Reports First Quarter 2014 Results

 

BROADCOM CORPORATION

Unaudited Schedule of Selected GAAP to Non-GAAP Adjustments

(In millions)




Three Months Ended


March 31,


December 31,


March 31,


2014


2013


2013







Product revenue

$

1,984



$

2,064



$

1,962


GAAP cost of product revenue

1,004



1,026



988


GAAP product gross profit

$

980



$

1,038



$

974


GAAP product gross margin

49.4

%


50.3

%


49.6

%













GAAP cost of product revenue

$

1,004



$

1,026



$

988


Adjustments:






Stock-based compensation and related payroll taxes

(6)



(6)



(7)


Amortization of purchased intangible assets and step-up of acquired inventory

(50)



(42)



(44)


Non-GAAP cost of product revenue

$

948



$

978



$

937














Product revenue

$

1,984



$

2,064



$

1,962


Non-GAAP cost of product revenue

948



978



937


Non-GAAP product gross profit

$

1,036



$

1,086



$

1,025


Non-GAAP product gross margin

52.2

%


52.6

%


52.2

%













GAAP research and development and selling, general and administrative expense

$

821



$

815



$

794


Adjustments:






Stock-based compensation and related payroll taxes

(115)



(113)



(135)


Non-GAAP research and development and selling, general and administrative expense

$

706



$

702



$

659



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalAECCafe Today
by Sanjay Gangal
AEC Industry Predictions for 2025 — vGIS
Sanjay GangalIndustry Predictions
by Sanjay Gangal
AEC Industry Predictions for 2025 — QeCAD
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
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
Geospatial World Forum 2025 at Madrid Marriott Auditorium Madrid Spain - Apr 22 - 25, 2025



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