EX-2.99.2
from 8-K
4 pages
Irobot Corporation Consolidated Statements of Income (In Thousands, Except Per Share Amounts) (Unaudited) Fiscal Quarter Ended Fiscal Year Ended March 31, 2012 June 30, 2012 September 29, 2012 December 29, 2012 December 29, 2012 Revenue Product Revenue $ 91,742 $ 107,760 $ 121,174 $ 97,874 $ 418,550 Contract Revenue 6,065 3,685 5,124 2,820 17,694 Total 97,807 111,445 126,298 100,694 436,244 Cost of Revenue Product Revenue 56,297 57,124 65,957 54,969 234,347 Contract Revenue 3,936 2,128 2,565 1,653 10,282 Total 60,233 59,252 68,522 56,622 244,629 Gross Margin 37,574 52,193 57,776 44,072 191,615 Operating Expense Research and Development 13,522 13,559 12,340 14,912 54,333 Selling and Marketing 12,333 17,976 11,376 24,727 66,412 General and Administrative 11,042 10,022 11,326 13,308 45,698 Total 36,897 41,557 35,042 52,947 166,443 Operating Income (Loss) 677 10,636 22,734 (8,875 ) 25,172 Other Income (Expense), Net 220 60 197 (42 ) 435 Income (Loss) Before Income Taxes 897 10,696 22,931 (8,917 ) 25,607 Income Tax Expense (Benefit) 244 3,321 7,724 (2,979 ) 8,310 Net Income (Loss) $ 653 $ 7,375 $ 15,207 $ (5,938 ) $ 17,297 Net Income (Loss) Per Common Share: Basic $ 0.02 $ 0.27 $ 0.55 $ (0.21 ) $ 0.63 Diluted $ 0.02 $ 0.26 $ 0.54 $ (0.21 ) $ 0.61 Shares Used in Per Common Share Calculations: Basic 27,352 27,522 27,650 27,802 27,577 Diluted 28,283 28,182 28,321 27,802 28,301 Stock-Based Compensation Included in Above Figures: Cost of Product Revenue $ 214 $ 216 $ 289 $ 174 $ 893 Cost of Contract Revenue — — — — — Research & Development 454 448 365 633 1,900 Selling & Marketing 237 179 158 234 808 General & Administrative 1,608 2,059 1,796 1,919 7,382 Total $ 2,513 $ 2,902 $ 2,608 $ 2,960 $ 10,983
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