Selected GAAP & Non-GAAP Financial Measures

(unaudited, in millions, except for percentages and per share amounts)

Quarter Ended

Six Months Ended

Mar 29,
2015

Dec 28,
2014

Mar 30,
2014

Mar 29,
2015

Mar 30,
2014

Net sales

$

296.2

$

303.6

$

287.0

$

599.8

$

542.6

Selected GAAP Financial Measures

Gross profit

$

169.3

$

168.1

$

148.6

337.4

$

286.9

Gross margin

57.1

%

55.4

%

51.8

%

56.2

%

52.9

%

Operating income

$

35.4

$

29.7

$

7.3

$

65.1

$

14.5

Operating margin

11.9

%

9.8

%

2.5

%

10.9

%

2.7

%

Net income (loss)

$

24.9

$

19.7

$

(6.8)

$

44.6

$

(5.4)

Diluted earnings (loss) per share

$

0.26

$

0.21

$

(0.07)

$

0.47

$

(0.06)

Selected Non-GAAP Financial Measures

Gross profit

$

169.3

$

170.5

$

158.3

$

339.8

$

301.4

Gross margin

57.1

%

56.2

%

55.2

%

56.6

%

55.5

%

Operating income

$

75.8

$

74.2

$

59.3

$

150.0

$

113.4

Operating margin

25.6

%

24.4

%

20.7

%

25.0

%

20.9

%

Net income

$

63.8

$

61.9

$

47.7

$

125.7

$

90.6

Diluted earnings per share

$

0.67

$

0.65

$

0.51

$

1.32

$

0.97