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SILICON STORAGE TECHNOLOGY INC (SSTI)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
   10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Memory  170.2228.2333.5  77.1 
    Non-Memory  42.538.638.5  5.6 
    Technology Licensing  39.748.739.8  44.5 
    Other       322.1 
Total revenues  252.3315.5411.7452.5430.9449.2295.0
            Revenue growth   [+]-20.0%-23.4%-9.0%5.0%-4.1%52.2% 
Cost of goods sold  177.1218.3291.3333.6352.4322.1218.8
Gross profit  75.297.2120.4118.978.5127.176.3
            Gross margin  29.8%30.8%29.2%26.3%18.2%28.3%25.8%
Selling, general and administrative   [+]41.455.587.850.751.844.036.7
Research and development  43.259.056.752.047.946.443.1
EBITDA   [+]-0.7-6.6-12.826.1-14.2  
            EBITDA margin  -0.3%-2.1%-3.1%5.8%-3.3% -14.0%
Depreciation and amortization  8.610.611.310.010.0  
EBIT   [+]-9.3-17.2-24.116.1-24.129.4-41.4
            EBIT margin  -3.7%-5.4%-5.8%3.6%-5.6%6.5%-14.0%
Interest income, net   [+]1.93.96.84.20.92.23.0
Other income (expense), net  1.8-29.9-27.5-34.0-0.9-1.0-0.3
Pre-tax income  -5.5-43.2-44.7-13.6-24.230.6-38.8
Income taxes  4.7-3.44.27.22.43.926.4
            Tax rate   7.8%   12.8% 
Minority interest      -0.1-0.1 
Net income  -10.2-39.8-49.0-20.8-26.626.7-65.2
            Net margin  -4.1%-12.6%-11.9%-4.6%-6.2%5.9%-22.1%
   
Basic EPS   [+]($0.11)($0.40)($0.47)($0.20)($0.26)$0.28($0.69)
Diluted EPS   [+]($0.11)($0.40)($0.47)($0.20)($0.26)$0.27($0.69)
   
Shares outstanding (basic)   [+]93.199.5104.2103.9101.495.894.7
Shares outstanding (diluted)   [+]93.199.5104.2103.9101.499.394.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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