FORM-F
| FORMFACTOR, INC. | |||||||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||||||||||
| (In thousands, except per share amounts) | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||
| September 24, 2016 | September 26, 2015 | September 24, 2016 | September 26, 2015 | ||||||||||||
| Revenues | $ | 123,299 | $ | 65,862 | $ | 259,993 | $ | 210,576 | |||||||
| Cost of revenues | 96,111 | 47,407 | 197,586 | 146,028 | |||||||||||
| Gross profit | 27,188 | 18,455 | 62,407 | 64,548 | |||||||||||
| Operating expenses: | |||||||||||||||
| Research and development | 17,253 | 10,645 | 39,235 | 32,947 | |||||||||||
| Selling, general and administrative | 23,008 | 11,108 | 49,553 | 34,373 | |||||||||||
| Restructuring and impairment charges, net | 85 | 59 | 6,995 | 570 | |||||||||||
| Total operating expenses | 40,346 | 21,812 | 95,783 | 67,890 | |||||||||||
| Operating loss | (13,158 | ) | (3,357 | ) | (33,376 | ) | (3,342 | ) | |||||||
| Interest income, net | 52 | 65 | 267 | 213 | |||||||||||
| Other income (expense), net | (1,042 | ) | 982 | (1,669 | ) | 2,584 | |||||||||
| Loss before income taxes | (14,148 | ) | (2,310 | ) | (34,778 | ) | (545 | ) | |||||||
| Provision (benefit) for income taxes | 50 | 215 | (43,665 | ) | 359 | ||||||||||
| Net income (loss) | $ | (14,198 | ) | $ | (2,525 | ) | $ | 8,887 | $ | (904 | ) | ||||
| Net income (loss) per share: | |||||||||||||||
| Basic | $ | (0.20 | ) | $ | (0.04 | ) | $ | 0.14 | $ | (0.02 | ) | ||||
| Diluted | $ | (0.20 | ) | $ | (0.04 | ) | $ | 0.14 | $ | (0.02 | ) | ||||
| Weighted-average number of shares used in per share calculations: | |||||||||||||||
| Basic | 70,502 | 58,209 | 62,835 | 57,757 | |||||||||||
| Diluted | 70,502 | 58,209 | 63,662 | 57,757 | |||||||||||
