We grew year-over-year revenue 32 percent to $1.4 billion and increased non-GAAP operating income 56 percent to $385  million. And given the financial leverage within our business model, we delivered non-GAAP earnings per share of $1.89, an  improvement of 50 percent versus the prior year. At the same time, because of our strong cash flow from operations, which totaled  approximately $366 million, we repurchased our shares as well as retired virtually all of our debt, enhancing the balance sheet and creating economic value for our shareholders. We have taken major strides toward our goal of growing well ahead of our peer group while delivering financial returns comparable with those of the best diversified analog players. The industry’s long-term fundamentals continue to open new growth opportunities for Skyworks. Smartphone volumes are  exploding and will drive significant demand for analog solutions. The number of mobile devices per person is also increasing, as is  the number of non-handset applications embedding wireless connectivity. Our strategy of diversifying across baseband partners,  OEM customers, and into new vertical markets is working. We enter fiscal 2012 well positioned to outpace industry growth and  create additional shareholder value. In closing, we would like to thank our employees whose determination, dedication and loyalty is witnessed by our customers  every day. We also thank our customers, who have allowed us to share in the vision of enabling mobile connectivity for the world. Finally, thanks to you, our stockholders, for the support you have given us as we continue to transform Skyworks into a multi-billion  dollar analog semiconductor market leader. David J. Aldrich President and Chief Executive Offi cer Page 5 Skyworks / Letter to Stockholders Looking Ahead FY 09 $0.69 FY 10 $1.26 FY 11 $1.89 FY 09 $219 FY 10 $223 FY 11 $366 Cash Flow From Operations (Dollars in Millions) Non-GAAP Earnings Per Share* (In Dollars)